Sell or Wait to Sell

Oct. 5, 2011 - PRLog -- We Buy Houses - College Park SC: Should you sell your house today? You have wanted to move and find a nicer house in a different neighborhood. You’d like to spend the equity you make on an RV and travel the country, something you’ve been looking forward in your last ten years of work. This is all now a possibility and you want to see it become your reality instead of dreaming about it day after day.

This could be the perfect time for you to find another house to move into. You can probably get much more house or a house in an upscale neighborhood for even less than what you paid for your own house since the prices are so low at this time. There’s just one catch to the status of the real estate market that could trip you up and cost you much of your hard earned equity. The problem is in the timing. While you may still have some equity left in your house, it’s shrinking every day, along with your retirement accounts if you are like many others in America these days.

Houses are at their lowest in quite some time, making it the perfect time for you to buy the house you’ve wanted. The trouble will be in selling the one you own now. The prices are low, being a boon to buyers, but a bust to sellers. If there is anything you can do to remedy this situation it would be to wait it out. You might need to have the patience of a real estate investor and wait to sell until the market improves, giving you a better price for your house. That will help to preserve some of the equity you have worked so hard for.

So you see, it’s simply a matter of timing of the sale. Real estate investors know all about this as they deal with it on a daily basis and learn to maneuver around it. If you can wait to sell, but buy your new house now, that would be ideal. One solution is to buy the new house, but rent out the current house to pay the continuing mortgage on it until you can put it up for sale at a better time.

In this way, you could consider yourself a new real estate investor. You’ll be buying a great house at a rock bottom price and renting out your current house, which would become your investment property, to help pay off the mortgage.

SCHomeBuyers.net is a Real Estate Investor that buys houses in the Charleston SC area. Summerville, Goose Creek, Mount Pleasant, West Ashley, and James Island. If you have a home that you need to sell, contact us to see how we can buy your houses in 7 days or less and close when you want! http://www.schomebuyers.net

We buy houses in all areas of Charleston South Carolina and Goose Creek and all surrounding areas! http://www.schomebuyers.net

Call us direct at: (843) 883-3319 to Sell Your House Fast in South Carolina!

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http://www.SCHomeBuyers.net is a Real Estate Investor that buys houses in the Charleston SC area. If you have a home that you need to sell, contact us to see how we can buy your houses in 7 days or less and close when you want!