When you’re in the process of selling your Knoxville home, it’s your choice when exactly you move out of your home.
You have the option of moving out before you list it, during the sale, and right before you close. Depending on your financial situation and housing options, each of these options comes with its pros and cons.
In this post, we’ll take a closer look at when is the best time to move when you sell your Knoxville home, since there are pros and cons to each situation.
For some sellers, it’s easier to move out of their home before they list it. Dealing with selling a Knoxville home, can be stressful and it can sometimes be a pain to be living there while its for sale.
It can be beneficial to move out of your Knoxville home before you sell for many reasons. For one, it can be nice to not have to deal with the showings and keeping the home clean. It can also be nice because you can go ahead and make any renovation before you put it on the market. It’s much easier to paint a house or update carpet when you’re not longer living in the property. Buyers also get the added benefit of fully being able to see a home in its full potential.
Still, moving out before you list your home isn’t an option for every seller, since not every seller is able to buy a home before they sell their current one. If you are able to do that, you’re stuck with paying double mortgages or paying rent and a mortgage while your home sells.
Some sellers opt to move out of the home during the process of the sale. Oftentimes, sellers will move out once the home is under contract to give them sufficient time to get everything out of the house.
One of the many benefits of moving out during the sale is that you give yourself plenty of time to move out. It can be stressful to move everything out during a short period of time. This also gives you sufficient time to get the home cleaned up and squared away before the new buyer moves in.
Sometimes, though, it can be hard to figure out the timing of moving out of a house during the sale. You never quite know when you’re going to get an offer, so it can sometimes be hard to find temporary living quarters if you don’t already have a house lined up. You don’t know a sale is final until an actual closing happens.
Finally, the last and most common option is that you move out right before you close. Many sellers need to close on one house before they buy another one, which is why many sellers opt to do it this way.
Moving out before closing allows you to move out knowing that you’re closing. It also saves you from paying any additional rent or extra mortgages along the way. It also allows you to remain in the home until closing. You won’t be stuck having to make sure the house is kept up since you’ll be living there.
There are some downfalls to moving out right before closing. Some sellers feel like they’re rushed moving out and don’t have enough time to clean up before the buyer moves in. It can sometimes be hard to line up moving out of one place then moving into another place.
There is nothing easy about moving. Regardless of when you decide to move, there are pros and cons to every time. Figure out what works best for your lifestyle and your finances to make the process easier for you.
Are you thinking about selling your Knoxville home this year? Please let us know if there is anyway that Knoxville Home Team can assist you. Rick can be reached at 865-696-9002 or via email at [email protected]. Kati can be reached at [email protected] or at 865-696-1888.
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