Were you planning to sell your house before the Corona Virus outbreak?
Well, it’s no secret that the U.S. economy is currently grinding to a halt. And many experts are predicting that the housing market is going to take a dive here in the next month as well (which, sadly means less money for sellers).
Of course, there are never any guarantees of what the market is going to do. But if you’re nervous about selling your home, we totally understand. We’ve been operating in the real estate business for five years and here are a few things that we’d like to share with you based on our past experience…
Do NOT Make a Decision Based On Fear — It’s never good to make a rash decision based on fear of what the market may or may not do. Historically, people who try to predict the market based on their own fear and anxiety end up making mistakes. So take a deep breath..
Educate Yourself — It’s easier than ever to do your own research online and figure out what’s the best course of action for you and your family. Take advantage of that fact!
What Goes Down Must Come Up — If you’re not in a hurry to sell your home, then you might consider either trying to finish your pending sale within the next month or just waiting to see what happens. The housing market will always fluctuate and there will always be another good time to sell in the future. So if you can wait it out, then you might consider doing so.
You Can Still Sell To a Professional Home Buyer — If you want to sell your property quickly for cash, the good news is that a potential market downturn doesn’t have to stop you. At Blue Box Homebuyers, for example, we buy properties as-is for cash in every kind of market. Give us a call at (225) 570-4468 if you’re interested in learning more about this.