Wednesday, January 21, 2009

Selling Indianapolis Home

By Ok Kim

Most people when they decide to sell their home will do so in the spring. This is because they feel it is the best time to actually show off their home to its fullest to any potential buyer. But it does not matter if you have an Indianapolis home or home in another part of the US to sell there are certain factors which could influence when you sell yours.

In this article we take a look at some of the factors that if taken into consideration may well result in you selling your home more quickly and at a really good price.

1. If you can it is best to try and sell your home when there are not many others of a similar style and size on the market. You will be in a better to negotiate on the price as buyers will have far less for them to choose from. This could actually result in them purchasing a home which doesn't meet all their requirements fully.

2. If you are thinking of putting your house up for sale when the market is healthy and lots of properties are available do some research beforehand. Take time to see what price houses similar to your own have currently been sold for. It is worth your while also finding out what Indianapolis homes are categorized as a pending sale.

If you know the ratio of pending sales to properties that are still available you will be able to see how fast the market is moving. The lower the number of pending sales to properties that have recently been listed means the market is slow and it may be worth your while holding off putting yours on the market.

3. Another thing which can influence when you decide is the best time to sell your Indianapolis home is the weather. The reason so many people choose to put their home up for sale in the spring is because this is when the weather is getting better. However, it is worth considering actually putting the property up for sale towards the end of the year as well. If you are able to complete the sale of your home by the 31st December then when filing your income tax return you can make certain deductions on it.

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