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Stevens Realty can help you here. You can display your property at our website. We also have special arrangements with advertisers that give your Cookeville real estate the maximum exposure. We work all over the state, offering Chattanooga, Knoxville, Cookeville and McMinnville real estate.
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Finding the Best Time to Sell Your Cookeville Real Estate www.stevensrentals.com
Are you thinking of selling your Cookeville real estate? Selling the home is usually the one transaction that generates the most amounts of cash. www.stevensrentals.com
With such a lot of money involved, you will naturally want to do everything you can to maximize it. www.stevensrentals.com
What follows is a natural question… What is the best time to sell the home? www.stevensrentals.com
The Peak Season for Selling Many experts have recommended that home owners should put their houses on sale during the spring. www.stevensrentals.com
It has been said that a spring listing can lead to quicker sale. It might also fetch a higher price. www.stevensrentals.com
It seems like, the long sunny days brings out the buyers. www.stevensrentals.com
The Washington Post has refined this timing further, while agreeing that listing the home between April and June leads to a higher price and faster sale. www.stevensrentals.com
However the Post adds saying that sales usually peak during May and June every year. www.stevensrentals.com
The Time magazine adds an interesting angle to this. www.stevensrentals.com
They have recommended sellers to put their houses on sale on a Thursday, because it gives the most traction for the coming weekend. www.stevensrentals.com
Factor the Economy If you have time in your hand, then you should certainly study sales patterns and consider additional data while thinking of selling your Cookeville real estate. www.stevensrentals.com
Consider interest rates, housing supplies and rent prices. For instance, homeownership can become a more attractive option when the rent price goes up, as the mortgage price every month could cost less money than the rent. www.stevensrentals.com
Also consider the housing supply. Sellers often hold on to fetch a higher price later if the inventory situation is tight. www.stevensrentals.com
Low interest rate is another important factor to consider. That’s because, the interest rate has a direct effect on the mortgage payment every month for a buyer. www.stevensrentals.com
A lower rate will mean lower payments. This means that, you are likely to be able to sell better if the interest rate is currently on the lower side. www.stevensrentals.com
On the other hand, it might be better that you hold on to your property if the rate is high. You will find fewer buyers. www.stevensrentals.com
Also, if the interest rate is low, then the buyers can potentially spend more on their Cookeville real estate purchases. www.stevensrentals.com
For instance, the payment for a 30 year mortgage on a loan of $100,000 at 4% interest would come to $477.42. However, it would jump up to $599.55 if the interest rate was 6%. www.stevensrentals.com
Spring is a good time here as well, because rents go up, home supply is low, and the interest rate is also on the lower side this time of the year. www.stevensrentals.com
How to Get the Best Leads So now we know that homeowners stand to benefit by trying to sell the property during spring. But how do you get the best leads? www.stevensrentals.com
Stevens Realty can help you here. You can display your property at our website. We also have special arrangements with advertisers that give your Cookeville real estate the maximum exposure. www.stevensrentals.com
We work all over the state, offering Chattanooga, Knoxville, Cookeville and McMinnville real estate. www.stevensrentals.com
Stevens Realty 475 West End AvenueCookeville, TN 3850Phone: 931-526-5188E-mail: jsstevensrealty@gmail.com Website: www.stevensrentals.com
