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Sell and Move For American Home-Owners

Published by cravat | Filed under Buyer / Seller Tips, Cities, Miscellaneous, Real Estate, Shout Outs, Uncategorized

Typical home owners sell and relocate on a standard, every five to seven years. Why do you think home owners move? When you live in a village or an area for over twenty years, it is difficult to believe why people still want to move.  

Giving you more reasons why owners would want to move and sell: 

1) Property is too small – New home buyers usually outgrow their first homes. If the family size increases, the main reason home owners usually prefers a bigger space.  

2) Improve – The usual saying that the grass is greener on the other side. Home owners usually crave for what they do not have and prefers a much expensive and a bigger home. Is it really the American way? 

3) Patch up for the buying error – Home owners sometimes want to believe that they made an error when purchasing their current house and want to correct that mistake. Owners thought they could easily take off parts of the houses that annoys them probably the back yard or the dining room. 

4) Work transfer – Transfer makes it required for many to grab the roots and move out especially if the commuting distance goes beyond an hour. Most owners would condemn travelling more than two hours in traffic. 

5) Personal Relationship – Living in with a partner or if you are getting married can automatically mean one of the parties would need to give up their properties especially if both homes were acquired prior to marriage. Alternatively, breaking up cause owners to sell as well for these reasons:            

a) One party may need to purchase out the other and not have the funds available.           

b) The property may no longer be available to continue on one person’s income.           

c) Home carries sad memories and would like to make new beginnings. 

6) Area changes – The area might have transformed to a worse, socially and economically. For instance, a freeway was constructed that caused too much noise. Or the area just simply got too congested.  

7) Vacant home – When the kids grew up and simply moved out. Some owners prefer a smaller home. I think the older that you get, the more it is difficult to maintain a big house to clean. 

8 ) More Family time – Some folks want to be near to their family as they grow older and prefer to move near their relatives. Parent wants it closer to their kids. Grandma and Grandpa near their grandchildren. 

9) Retirement – Active adults neighborhood are attracting quite a few buyers over the retiring age between 55 and 60 years of age. These communities have golf courses, gym facilities, back-yard parties and even more, all these amenities are designed for retirement. 

10) Lifestyle transformation – others are simply exhausted of owning a property and prefers to travel, pursue a hobby. We call these people misfits or boomers but many past a certain age want to find a calling that is meaningful to them. So, for these people, home ownership loses its priority stays and turns into the ticket for realizing dreams.  

August 25th, 2010

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Kelly