You are Out of Room for Your Stuff!
Are you feeling cramped? Do you have more family members than when you first moved into your home? Is COVID forcing you to work from home, so you don’t have room for a home office? Maybe you want a bigger yard or more storage space. Whatever the reason, often times homeowners simply outgrow their house and need a bigger one.
You are Now an Empty Nester
Time to downsize! Now that the kids have gone on to college or starting families of their own, you simply have too much space. A smaller house, townhouse or condo will be less maintenance for you, result in lower utility bills and save you big money on property taxes. As you get older, fixing broken appliances or HVAC systems is not something you want to deal with, so it may be time to consider selling a lot of the things cluttering your home and move to a smaller, more manageable house.
The Community is Changing
It’s quite possible that your community was much smaller and quieter when you moved her many years ago. When you moved in, it was a quiet neighborhood with only a few families. Fast forward several years and now there are major roads running through the neighborhood, a Starbuck’s on every corner, an HOA forcing you to adhere to their guidelines and even another school down the street. It’s no so quiet any more. Look, development isn’t a bad thing, but it may not be what you wanted when you originally choose to live in this neighborhood.
It’s too Hot….or it’s too Cold!
Are you constantly complaining about the weather? That’s a good sign you may be ready for a change of scenery. Heat, humidity, rain, snow, whatever the weather is in your area you are tired of it. There’s no reason to live in a place where you are unhappy. Why not move somewhere that has the climate you desire all year long.
You Don’t Want to Pay Capital Gains
Home prices are on the rise in Maryland. It doesn’t matter what neighborhood you live in – Catonsville, Dundalk, Glen Burnie, Laurel, Pikesville, Reisterstown, Westminster, etc. If you have lived in your home for more than two years, you can collect up to $250,000 tax free from capital gains. The number goes as high as $500,000 if the house is co-owned. Why not take advantage of that tax free money now?
Commuting is Getting in the Way of Family Time
Do you spend an hour in your car or on public transportation each weekday, commuting to and from the office? It may be necessary, but that’s up to 10 hours a week that you don’t have to spend with your family. Quality time with your spouse or kids is critical to mental health. If commuting is taking over your precious time, it may be an opportunity to consider moving to a home closer to your occupation.
If you need to sell your house for any reason at all, please fill out the form on my Web Site or call me at (240) 424-0423. If I can’t buy your Maryland house, I will find a solution for you.