The Bulletin. (Bend, OR) 1963-current, March 13, 2021, Page 34, Image 34

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    5 REASONS TO SELL YOUR HOME
Now is a time to sell. Housing remains in high demand, with Be part of the solution and keep the housing economy afloat
not enough homeowners supplying it. And, the economic by selling your property. With the funds you acquired after
climate is favorable for buyers, particularly with low mortgage the transaction, you can then purchase a newer one.
rates.
2. Less Competition
The real estate industry continues to be a profitable business.
Housing keeps on being of high demand, with not enough Now is the perfect time to sell, if you’re already mulling over
homeowners supplying it, making now an optimum time to the decision, because you won’t have to work so hard to make
your property stand out from a sea of listings. Don’t waste
sell.
any more time worrying about whether you can find a new
Whether you’re going for an upgrade or selling surplus home after you’ve sold your previous one because additional
property, you can stand to gain a handsome profit when you inventory may start popping up any time soon.
take the leap and put up your home for sale. You can then use
the funds you acquired to finance personal projects, such as You don’t even have to wait for private buyers to approach
you for viewing. Companies like Nexus Homebuyers make
buying another house or purchasing a car.
the home selling process more straightforward because you
Here are five reasons why you ought get full control over when you want to schedule the closing
date. Moreover, these organizations pay through cash, which
to sell your home if you can:
means that you can use the funds instantaneously.
1. Constant Demand
3. Low Mortgage Rates
As mentioned above, the demand for housing is unceasing.
People from different economic levels need a place to sleep,
eat, and bathe. You can take advantage of this phenomenon
by listing your home for sale and buy a new one for yourself.
While there isn’t much competition among real estate
listings, banks and other lenders are coming up with better
deals with mortgages. This is probably why refinancing has
surged this year.
According to a report by Harvard University, the US
economy has witnessed an increase in incomes. This factor
led to a rise in the number of people forming households.
However, housing production still falls short of the demand,
which takes its toll on house prices and rents.
Homeowners who took out a loan last year are having their
plans reconsidered because of the low-interest rates these
days. This implies that a lot of people may think about buying
a home in the next few months because of the favorable
economic conditions. Ride the tide and grab the opportunity
to earn from this phenomenon.
4. New Generation of Buyers
There’s also a new generation of buyers in the market today.
Millennials are settling down and building families, which
means that they will need to find a place to build their nest.
Putting up your home for sale can earn you a substantial
profit, primarily when you’ve properly maintained your
property’s value.
Another form of buyers comes as entities who purchase
properties in cold, hard cash. This type of home buyer, like
Jamie Buys Houses, are a boon for sellers because they
provide fair offers for your house without the complexities
involved in dealing with banks and other corporate lenders.
10 | Central Oregon Homes & Business
Residential • Commercial • Land