The Best Time To Sell Your Home
You may not believe it, but there is no industry standard for the "best" time of year to put your house on the market. The "best" time is when it is right for you. Fortunately, we are experiencing improvements in the local real estate economy, so taking advantage of this, even in the dead of winter, could make now, the best time for you.
Families with children have the most to consider before jumping in. Between parent work schedules, school and after-school activities, it can be stressful just thinking about it. But, if you made the decision to move, it's important to understand that it takes time to sell a home for the best price possible. Plus, buying the new home involves reviewing finances, new loan applications, house hunting, offers, negotiation, inspections, closings and the move itself. Timing is crucial.
Govstench
10:52 am on Sunday, February 3, 2013
What is becoming a larger factor in selling and purchasing homes are the municipal property taxes. The taxes that North Kingstown and other municipalities in RI are charging are no longer realistic. It used to be the quality of education in a community but the taxes are becoming a larger factor. RI municipalities have been spending money like "drunk sailors", in total disregard of the taxpayers. For some, it was enough for homes to be sold or foreclosed on. I am surprised that the real estate industry has not spoken out on these unrealistic figures and make these councilors hold the line on spending. There are many "fore sale" signs still posted up with some with price reductions. Why won't they sell, no economy and high taxes. It may be a national problem, but what has Rhode Island done about it? Nothing! To the real estate brokers in this state, you may find more people turning off the lights and leaving this state due to lack of opportunity. Perhaps RI is turning into a bedroom community to Boston!
Mark Oltedale
4:38 pm on Sunday, February 3, 2013
Gov. Your frustration with property taxes is duly noted. In most RI municipalities, it is a true drag on the real estate industry. However, the newest obstacle is federally mandated flood insurance in areas that have been affected once in 100 years. Owners and buyers with mortgages are looking at $1000.00 - 5000.00 or more per year for insurance that only three years ago was not needed.