Page 11 - The Ultimate Guide to Selling Your Home

For those facing a hardship, the most common
hardships include:

1. Loss of income
2. Increased expenses
3. Medical problems
4. Divorce/Absolved relationship
5. Death in the family

Emotional Challenges

In my real estate practice, I have observed that most
homeowners greatly underestimate the emotional challenges
involved in the selling process (especially if they are selling out of
need, versus desire). In fact, compared to buying a home, selling
can be a downright emotionally-draining process. For those
selling out of necessity or hardship, the emotional toll can be even
greater.

The emotional challenges to selling are many. First, you have
to get your home ready to sell. Doing small repairs that you never
got around to and spending money on a home you soon will no
longer own can be a drag. Then you have to deal with the whole
selling process – working with an agent, setting the asking price,
having your home “show-ready” at all times, negotiating the sale,
etc. And to top it all off, you still have to pack up your entire
house and relocate your family. Whew! Having second thoughts?

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