Housing Market

April 17, 2023

Why is Spring a Good Time to Sell Your Home?

5% Down Jumbo Loans in Chicago - United Home Loans

It’s Springtime and you know what that means… For Sale signs are going up! As you drive around your neighborhood and see “Open House Sunday!” on every corner, are you thinking about making your next move? If the answer is yes, keep reading, then reach out to a UHL mortgage banker to get started on your next move. 

Why is Spring the Time to Sell? 

So, why are so many For Sale signs popping up? Spring is a great time to sell because home values are high, meaning higher equity, which gives you more to put down on the next home. In addition… 

  • Buyers are planning a summer move. Many buyers begin searching in the Spring because that means better weather on moving day, more time to settle in due to summer hours, and a transitional period for the kids before school starts. 
  • The house looks great. Spring does wonders for curb appeal. Flowers are blooming, the grass is greener, and the sun is shining down on the house. All this makes your home that much more attractive to potential buyers.
  • It’s a great time for improvements. Whether it’s you or your potential buyers who plan to make improvements around the house, Spring weather makes it easier. 

Why is It a Good Time to Buy? 

With the right mortgage banker by your side, any time is the right time to buy. Interest rate solutions like the 2/1 Buydown or discount points will lower your monthly mortgage payment. Plus, high home equity provides you more loan options, such as using a Bridge Loan to buy your next home before selling the current one. In short, the home of your dreams might be closer to reality than you think! 

The Next Step

Reaching out to a mortgage banker is your first step. We’ll take a look at your equity and assets to see how much is available to make the next move, get you pre-approved based on your income, assets, and credit, and introduce you to a trusted real estate agent. But even if your next step on the homeownership journey is not immediate, what you and a mortgage banker talk about today can mean better financial success in the future. 

If you’re ready to start exploring your options in time for the Spring market, start with a pre-approval

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