With North San Diego county feeling the effects of seasonal slowing (i.e less homebuyers buying), many homeowners consider waiting for spring to sell their property. Here is a generalized argument for selling now:
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Less competition from those unwilling to sell during the holidays creates an advantage. Less competition means better chance to sell.
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Low sales in winter set the "comparative sales" used by appraisers and brokers to gauge value. Low foreclosure/short-sale sales will make it difficult for today’s highly cautious appraisers, buyers and brokers to approve higher sale values within a 6 month period. In short, get ahead of the curve.
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Current low interest rates are encouraging to buyers. Rates can fluctuate and change. Higher rates in the future can lead to lower housing prices, as relative cost goes up.
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If your intent on waiting until spring, use the winter months to prepare your home for sale. Sales often remain slow until April. To assure a quick sale, secure experienced advice on how to make your home "real estate ready" and get on the market by February to capitalize on the upswing in buyer interest. . *Lund Team provides complementary staging advice & will assist in painting/carpeting quotes as needed.
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