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Tuesday, January 13, 2009

Quickly Selling Indianapolis Home

By Ok Kim

Many people when they decide to put their home up for sale will decide that spring is the best time for doing it. This is because they feel that they will be able to show off their home far better to potential buyers. Yet it does not matter whether you are selling an Indianapolis home or a home anywhere in the US there are other factors that may influence when would be the right time to sell.

Below we look at just a few factors that you should be considering that will influence when and how quickly you sell your home. Plus which will influence what price you actually get for it when sold.

1. If you can the best time to put your home on the real estate market to sell is when there are very few properties of a similar style and size to yours. Not only does this put you in a stronger position when it comes to the negotiations, but many buyers are willing to make sacrifices if they see a home they like at a price they can afford.

2. If you are selling your home at a time when the real estate market is healthy with lots of properties available do some research before you put it up for sale. Look not only at similar houses which are currently being sold but also those that have been sold recently. If you can find out how many homes that are similar to your Indianapolis are currently categorized as a pending sale.

By knowing how many pending sales there are in relation to properties still available on the market you can see just how quickly it is moving. If you find that there are fewer pending sales to properties available then the market is slow and it may be some time before you even get someone viewing it. Rather it may be wiser to hold off putting your property on the market until you begin to see an increase in pending sales to properties listed.

3. Weather can be a big influence when you decide to put your Indianapolis home up for sale. A lot of people choose spring to put their home up for sale as the weather tends to be far better. But have you ever considered putting it on the market later in the year. There are a number of incentives for both you as the seller and the buyer which can increase the chances of your home selling at this time. If you are able to complete the sale of your home by the 31st December then there are certain deductions which you can make to your income tax return the following year.

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