Should You List Your Home

Should You List Your Home

Is it time to list your home for sale?6 Signs You’re Ready to Sell

When it comes to housing, Southern California is a seller’s market. The same is also true in many other parts of the country. Limited inventory and extremely low interest rates continue to drive home prices up. If you own a home, it’s only natural that you may be considering taking advantage of market conditions. But don’t base the decision to sell solely on the hot market. Consider several factors when considering whether to list your home:

  1. EquityEquity in your Home to List

    For many homeowners, financial readiness boils down to equity. During the housing meltdown, millions of homeowners were faced with the overwhelming prospect of negative equity. Owing more than their homes were worth, these houses were “upside down.”

  2. Financial Difficulties

    MOney Problems List House for SaleSell if you have negative equity only if you are relocating and have no choice but to sell to forestall foreclosure proceedings. Breaking even on your home sale is an improvement but the best situation is listing your house once it has some equity. Since home values in the San Gabriel Valley and surrounding areas are on the rise, your house probably has some equity. To find out, call our office today for a free market evaluation.

  3. DebtDrowning Piggy bank

    If your financial ducks are not in a row, you may want to pause before listing your house. The reason for this is that one of the first steps mortgage lenders take after receiving your application is to assess your bank accounts. If you’ve paid off non-mortgage debt and have three to six months of expenses stashed in your emergency fund, you’re in good shape to move on. Otherwise, wait until you have sufficient resources, so you won’t have to sweat the application process.

  4. Up or Downsize

    Another factor to consider is how well your home meets your current needs. Could you use another bedroom or two? How about a home office? Or have your kids grown up and moved out? Do you live in three rooms of the house while the other eight go to waste?

Downsize House for Sale

  1. Cash on Hand

    This is important not only for lenders but also so you can finance small improvements that could greatly increase your bottom line. Better to sell when you have a little cash on hand to put towards paint, flooring or to stage your home, so you can get the most bang for your buck, not to mention plenty of resources so you can fund your move.


  1. EmotionsSad Emotions on Stairs

    If the numbers show you’re financially ready, consider whether you are emotionally ready for what can be an intense time. Before you plant a “For Sale” sign in your front yard, ask yourself if you are ready to put in the work to prepare your home for house hunters? Will you mind de-personalizing and de-cluttering? Can you handle the ongoing upkeep necessary to keep your house ready to show? Are you ready to move out and leave memories behind?

We would be happy to give you an idea of what it would be like to sell your house and might be able to help you assess whether now is the right time for you to list it and move on.

About SoCal Platinum Properties, Inc.

Real Estate Welcome MatIf you are interested in buying or selling property in or around San Dimas, California and the surrounding area, don’t get caught in a Catch 22 — owning two homes or none at all.  We list properties and advertise them to guarantee a swift sale for maximum profit. We also assist home buyers as they hunt for, make competitive offers, and purchase residential property. Realize your dream of homeownership, reduce your house payments to free up funds for whatever purpose you see fit. We offer the following refinance options: We offer the following Refinancing Programs: FHA Streamline, FHA Cash Out, FHA 203k, VA Streamline, VA Cash Out, Conventional, Commercial and Jumbo loans. Lock in your low rate today (213) 709-5178.