Homeowners looking to sell are always caught in the predicament of when to sell. They are wondering if the market will go up anytime soon, if they should wait a few months, if prices will strengthen, etc. The answer is sell or buy only when it’s right for you!
Though the spring is the best time to buy or sell a house for many, it is still possible to successfully sell your house outside that period. Since there is less competition outside of the busy spring season, you may not get a bidding war for your house, but you will likely not have to pay maximum dollar for your new house. Ricky Chadha of the Globe and Mail states that in 2013 the average home price in the GTA in December was $478,700, compared to the peak of $515,869 in April. Therefore, it is all relevant, there really isn’t a good or bad time to sell your home, you need to do it when it’s best for you.
Have you sold your home, and now can use an advance on your equity before closing day? Tembo Financial can help! Tembo offers this unique service to homeowners in Ontario and the GTA. You could receive your money in as little as 48 hours with no credit check and no appraisal* for expenses like consolidating your debt. Don’t wait, start today!
*Subject to qualification.