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Monday, January 12, 2009

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.

In this article we look at a few of the factors which can help you to sell your home more quickly and at the best price possible.

1. Ideally it is best to try and sell your home when there are far fewer homes of a similar style and size on the market. This places you in a much stronger position to negotiate with any potential buyer because they will have far less to choose from. Sometimes in situations like these buyers are willing to purchase a home that doesn't fully meet their requirements.

2. If you are thinking of putting your house up for sale when the market is healthy and lots of properties are available do some research beforehand. Take time to see what price houses similar to your own have currently been sold for. It is worth your while also finding out what Indianapolis homes are categorized as a pending sale.

If you know just how many pending sales there are to properties still available you will be able to quickly identify at what speed the market is moving. If for example you find there are far fewer pending sales to properties available the market is moving slowly and it may be wise not to put your property on the market just yet. If you do get it listed at a time like this then it could be quite some considerable time before you begin to get any viewings and any possible offers.

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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