Despite it being a “seller’s market” in much of Northwestern Wisconsin, some Barron County homeowners are waiting on the sidelines. Here are 3 top concerns shared among pent-up sellers, and our suggestions for resolving them!
1. Finding another home for the right price. Consider this: home prices are rising, and will probably keep rising. If you want a larger or newer home, or one that is closer to family, now is the time to find it. Home inventories may be limited, but this situation could worsen in the months ahead. As an option, you could consider building new!
We can provide an estimate of your home value, along with an estimate of your net from the sale. This information will help you determine the best way forward. There is no cost and no obligation for our pre-sale consultation, and we can refer you to excellent lenders in Barron County.
2. Financial stability. If you lack confidence in your income stability, then of course it makes sense to wait. However, uncertainty is a part of modern life. If your income is likely to remain steady and your debts are under control, now could be the best time to capitalize on your opportunities.
3. Recent refinancing. If you refinanced in the past couple years, you could be thinking you need to recover those closing costs first. But it’s possible that your home value has increased more than enough to make up for any refinancing fees!.
In fact, the mortgage interest rate on your new home could be as low, or lower, than the rate you have on your current mortgage! And the lower your interest rate, the farther your home buying dollar will go.
If you have wanted to sell your Barron County home, get the facts about the market and your home value with a free, no-pressure consultation from Six Lakes Realty. We are a locally-owned family business with over 40 years of experience. Our friendly, hometown service is just a call away!
John Flor CRS, GRI, ABR, RSPS, RRS, e-PRO
Team Lead / Property Marketing Specialist
Six Lakes Realty powered by Keller Williams Realty Diversified
Office: (715) 924-4806