You Know It’s Time To Sell Your House When…
Owning a home comes with its fair share of challenges. It’s always a good idea to invest in real estate to build up equity, but sometimes the different things that can go wrong with your home may make you wish for your college days – when you could just call your landlord, and have them fix your apartment.
And some homes just aren’t worth the investment. If you’ve got a house that’s got some serious issues and you’re thinking about selling it, you may recognize some of these signs. In this article, we’ll discuss some of the top things that may make you realize that it’s time to sell your house!
1. It Sounds Like You’re Sleeping Next To A Ghost
Got a ghost in your house? Strange moaning sounds coming out of the walls? “Red Rum” written on the mirror? Okay – probably not. We doubt that many of us have ever actually had a ghost in our home.
However, if you’re hearing weird noises in your house, that could be a sign that something is wrong – something other than a ghost!
It could be a number of things, like a “pressure hammer” – air pressure that has built up in your pipes. Scratching in the walls? You may have a mouse or rat infestation, or even raccoons nesting in your chimney! Drapes and curtains moving when they shouldn’t be? Your house is probably drafty, or your HVAC system may be having problems. “Whistling” sounds? Your air filter or furnace filter is probably clogged!
Not ready to deal with all of these repairs on an old home? You may want to sell it!
2. You Can Do The Backstroke In Your Basement – Every Spring
Flooding is no joke, and dealing with a flooded basement every spring is no fun. At best, it’s a difficult and boring job, requiring you to rent a Shop-Vac from Home Depot. At worst, standing water in your basement can permanently damage the flooring, cause damage to the foundation, and encourage the growth of black mold and other microorganisms.
Investing in a sump pump is a good way to help prevent major flooding – but if want to be done with having an Olympic-sized swimming pool in your basement every year, it may be time to sell your house.
3. Your Neighbor Has More Furniture On His Lawn Than In His House
Everyone has had that quirky neighbor that refuses to keep his or her property in the same condition as everyone else. Whether your neighbor has lawn furniture (including an “outdoor couch”), dozens of pink flamingos and other lawn ornaments, or even rusted-out cars and other vehicles on their property, this can have an impact of the values of homes in your area.
If your neighbor is a nuisance, property values in the area can start to decrease quickly – especially if there is no legal recourse or other options for getting rid of them, or making them follow HOA rules. In this case, you may want to sell your house before property values start to sink.
4. The Kids Are Trying To Move Back In
So, you put the kids through grade school, high school, and college – and now they’re trying to come back to live with you again! Times can be tough for young folks, but if you’re not looking forward to sharing your home with your fully-grown, adult children, that may be a sign that it’s time to sell your home – and downsize to a home that’s more appropriate for you!
After the kids have moved out, that expensive, 4-bedroom home with the massive property taxes may start to seem somewhat excessive. If you sell your family home and purchase a smaller condo, or a smaller home nearby, you can save quite a bit of money!
Best of all, if you only have one or two bedrooms, your kids won’t be able to move back in with you! Sorry, Jimmy – we’ve got to keep the guest room clear, tough luck!
5. The Hipsters Are Driving Up The Price Of Lattes
You used to be able to get a drip coffee from the corner shop for a little over a dollar – but now chic, stylish (and annoying) young hipsters are moving in, and they’re changing everything, including the price of lattes.
If your neighborhood is changing, and quickly becoming home to young, up-and-coming professionals and “hipsters”, this may actually be a good sign. As your neighborhood becomes more popular, the price of homes will probably increase.
If your neighborhood is becoming overwhelmed with craft breweries, artisanal ice cream shops, custom candle stores, and vintage clothing boutiques, this may be a sign that you can sell your home for a serious premium – and move to another neighborhood that’s better for your own lifestyle and preferences.
6. The Condo Association/HOA Isn’t Inviting You To Any More BBQs
Have you had issues with the condo association or the HOA in the past? Maybe they didn’t like the color that you painted your home, or grumbled when you added a wraparound deck to your home – or maybe you just don’t like the HOA manager.
Whatever the reason may be, you’ve been pointedly excluded from this year’s BBQ – and it’s no fun being somewhere that you feel you don’t belong. If you’ve run into serious issues with your HOA, selling your home and moving somewhere else may be the best way to deal with this problem.
These Examples May All Be Fun – But They’re True!
Okay, so you don’t have a ghost in your house. But all of these above scenarios illustrate some important points, and great times to sell your house.
Whether you’re having issues with your neighbors and the HOA, you’re looking to find a better neighborhood, or you don’t want to keep pouring money into repairs for an older house, it may be time to sell the house and move on if you meet one (or more) of these criteria!
Max Cash Home Offers offers instant cash offers on houses nationwide. We do not provide legal or financial advice. For information on foreclosure, eviction or any other legal situation make sure you contact a local attorney.
Author: Ryan Cruz
Ryan received his Bachelors of Science in Business Administration from the University of La Verne. Ryan has a strong passion for marketing and the real estate industry while leading and managing all online marketing efforts for Max Cash Home Offers.