If you’re hoping to sell your house in Westford any time soon, you should be aware of what’s going on in Westford, MA real estate market and also in the larger real estate market in general. In today’s post, we’re going to share with you a few trends and ideas that we see happening now and talk about what experts in the field are predicting will happen for the rest of the year.
Read on as we take a look at some of the things going on in real estate right now. Hopefully, these will help you decide what is the next best thing to do when you’re preparing to sell your house in Westford. As always, feel free to call us and let us know what types of questions you have about buying or selling any real estate in Westford or the surrounding areas of Massachusetts. Because we have been cash buyers in Westford for a long time, we speak from our own experiences and from the group of dedicated real estate contacts we have met over the years.
What Is Happening Today
It’s already been said 100 different ways, but the onset of the Covid pandemic has changed everything in our lives. And the real estate market is no different. Because Covid has created a very uncertain economy, many home sellers have some apprehension about what to do next. Trying to sell your house in Westford at this time can seem challenging—even overwhelming. However, if you take some time to familiarize yourself with the Westford, MA real estate market carefully, you might decide it can actually be a benefit to sell your home now because there’s less competition.
Fewer people have put their house up for sale on the market and as a result, residential single-family homes are in demand throughout every neighborhood of Westford. So as you consider selling your house in this unstable economy and pandemic environment, it could very well be a great time to “cash in” by selling your house now.
Predictions for The Future
Keep in mind nobody has a crystal ball and as a result, no one—no matter how expert they are in any field can see exactly what’s going to happen in the Westford real estate market. However, a good number of experts are predicting there can be a recession in our future. Now it may not be as severe as some of the recessions that have occurred in the recent past, but it can still cause serious problems for property owners.
Again by taking a close look at your own situation and understanding what you were choices can be, you will position yourself to benefit from the current circumstances. It’s been said many times in our blog posts that “knowledge is power”. What we mean is that if you gain knowledge about the real estate market in Westford MA, you will have the power to make choices that are best for you and your financial well-being.
“Carpe Diem”! Seize The Day!
Before a recession occurs you still have a high-priced home. So if you’ve been considering selling your home in Westford now it may very well be the best time to get the ball rolling! And the reason we say that is should an economic recession come to pass, it is likely the value of your house would drop! So by selling your houses now you will cash in on your equity while you know the value and demand for houses like yours are still high.
At Summit Buys Houses we would buy your property outright in only a matter of days—not months. Be aware that even if you put your home up for sale with a real estate agent this weekend it will take at least 3-4 months before the sale is actually finalized. As a result, you can cash in now at a time when you know the economy is still relatively stable. This will save you from worrying about any fluctuations or down cycles that may occur later on. It’s important to remind you that there are never any costs or fees or surprises when you sell your Westford property to us.
We give you a written cash offer that guarantees once you’ve accepted our offer, the price will never change. This gives you the peace of mind that those national “We Buy Houses” companies do not give you. As a result, the sale of your home to us is very simple, straightforward and without any surprises. You can quickly sell your Westford house now while the economy stays stable. As cash buyers in Westford MA, we have purchased properties in Nabnasset, Parkerville and the Town Center. And we are very proud of the reputation we’ve earned with your neighbors in Westford that have sold their house to us.
As A Home Seller, What You Can Do Right Now?
Before you sell your home in Westford you’ll want to carefully look at all of the options that are available to you. Again, educating yourself is the best way to make an informed decision and determine what will work best for you, your loved ones and your financial future.
Ask yourself some questions like these:
- How long are houses in Westford staying on the market? Does it make any difference what part of town it’s in? Is the time my house would stay on the market the same as all of the other Westford neighborhoods?
- Are home sellers in Westford getting the price they are asking for or are they having to lower their sale price in order to secure a sale?
- How much will it cost to successfully sell my home?
- If I list it on the Westford MLS, what repairs do I need to make before it is listed?
- How much will the commissions be for a Westford real estate agent to list my property? (Real estate commissions are normally 6% of your selling price.)
- How much will the closing costs be for a seller like me if I do a traditional closing?
- Do I have the time and the money to wait three or four months for a listing to begin, for a buyer to be found and for that buyer to be approved for a bank loan?
- Or would I be better off by selling my house right now before the economy faces recession?
If for any reason you’re trying to sell your house in Westford sooner rather than later, hiring an MLS real estate agent and selling with a listing may in fact not be the best choice. Again a “traditional MLS listing takes time. In this case, time equals money. You must continue to spend out of your pocket on property taxes, monthly mortgage payments, utility bills, and all the other costs associated with owning your home until the listing is successful and you close on the sale.
As an alternative, the choice of working with a direct buyer may in fact turn out to be your best selling option. The only way to answer what is is the sit down with pencil and paper and run the numbers out to see how much cash you’ll have in hand when you walk away from the house sale in each of these 2 scenarios.
Conclusion
As cash buyers in Westford, MA our purchase of your house will help keep cash in your wallet because we eliminate your costs for marketing your house, paying real estate commissions and closing fees that would shrink the profits you would walk away with after selling your house. We’re here eliminating the middleman which means there’s no waiting for banks, no waiting for appraisals or property inspections and no worrying about whether or not your buyer will back out of the sale because they could not qualify for a loan to purchase your house. And so without any middleman—everyone in the transaction can come out as a winner!
Do you want to learn more about the Westford, MA real estate market?
Reach out to us today to get the information you need! Call today! (978) 254-3800
We are legitimate and experienced cash home buyers in Westford, Massachusetts. We buy houses in Eastern Massachusetts from owners just like you in cities and towns like Lowell, Woburn, Fitchburg, Carlisle, and Burlington. If you live in the Middlesex, Essex, or Worcester counties of Massachusetts and want to sell your house—contact us for a quick, confidential, no-obligation cash offer. There is never any pressure to say “Yes” to our offer, there’s just the best, no-pressure advice. Summit Buys Houses has been incorporated as Summit RE Group, LLC and is recognized to operate in the states of Massachusetts, New Hampshire and Nevada.