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Updated by Nancy Braun on Jun 27, 2018
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Nancy Braun Nancy Braun
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Top Reasons Why Now Is the Best Time to Sell Your Home

Understand why this is the best time to sell your Charlotte property and take advantage of the hot market today! Check this list on Top Reasons Why Now Is the Best Time to Sell Your Home and make the decision!

1

The tax benefits that sellers can take advantage of

Internal Revenue Code Section 121 authorizes an “exclusion” for profits from home sales. The exclusion depends on whether you’re single or married.

2

Millennials are starting to buy

They're looking to move from renting to homeownership. With this trend, Nancy emphasized the importance of preparing the home for sale. It’s also crucial to understand what the next generation of homebuyers are looking for in a house.

3

Low interest rates can work to the advantage of the seller

Buyers are drawn into the market because of today’s low mortgage rates. The current low rates are causing many potential homebuyers to get moving sooner rather than later. They are aware that the longer they wait to buy, the more expensive it will be.

4

With a seller’s market, the demand for homes exceeds the available supply

It is indeed a great time to sell. With limited options, buyers are going to great lengths to win the house they want. That means your days on the market will be remarkably fewer and you might also receive multiple offers, which could drive up your home’s selling price.