Why Should I Sell My House?

Owning a home offers a variety of benefits, but it also comes with many responsibilities. At some point, you may become tired of all the additional expenses and upkeep and decide that it’s time to sell. Here is a look at some of the reasons you might consider selling your home.

Downsize and Move Somewhere More Affordable

As you get older, you may decide that you don’t need as much space as you once did. Maybe your kids have grown up and left the house. Or perhaps you want a smaller space so you don’t have to walk as far to get to the bedroom or bathroom. Downsizing to find a more manageable space is a great reason to consider selling your home. You’ll not only make your life easier, but you could also save some money by finding a more affordable place. You may decide to move into a condo instead of a single-family home or move to an entirely different city or state where the cost of living is cheaper. Either way, living a more frugal lifestyle is a great reason to consider selling your home.

The Market Is at Record Highs

Another reason to consider selling is that home prices are currently at record highs. Home prices rose a record 18.8% in 2021, and the demand for homes is still very high. But with the Federal Reserve intent on raising interest rates to curb the effects of inflation, that demand may begin to cool off. While there may not be an outright crash, it seems like this unprecedented growth won’t continue forever — which makes right now the perfect time to sell your home. Real estate values tend to appreciate in the long run, so you shouldn’t rush if you aren’t quite sure. But if you’re debating whether to sell your home now or wait another year or two, you may want to make a move sooner rather than later.

You’re Tired of the Upkeep

Owning a home isn’t just a significant financial responsibility. It also requires a lot of physical work, and keeping up with the maintenance can take its toll. Unless you can afford to hire an entire maintenance staff or live in a community where upkeep is included, you may have to handle a fair amount of the landscaping and repair work yourself. While this may be a fun weekend project, it may grow tiresome as you get older. So rather than letting the property’s condition suffer and impact the resale value, you may consider selling first.

Change of Scenery

Perhaps you’re getting tired of the neighborhood and need a change of scenery. While owning a home provides stability, it can also keep you tethered to a particular place. Maybe you want to do a bit of traveling or simply want to move closer to your family. Or perhaps the neighborhood has started to decline since you first moved in. Whatever the reason, wanting a change of scenery is a perfectly valid reason to consider selling your home.

Pay Off Debt

If you get overwhelmed by debt, it may be better to cut your losses and sell your home. It can give you a fresh start and a bit of a reprieve from creditors who are after you for repayment. It may be a tough decision, but it’s often better to be proactive and get in front of the situation than to wait and risk bankruptcy or foreclosure. You will have to find a new place to live, but at least you’ll walk away with your credit intact.

So if you want to sell your house fast, come see us at Beard Bros. We buy houses in all conditions and can often offer a cash offer on the spot. We save you the hassle of renovating, marketing, negotiating, and closing on the property and will make you a fair offer without any commissions or broker fees. So if you live in the Omaha area and want cash for your home, contact us online or give us a call today.