How do I sell my property if I relocate outside of Puerto Rico?

If you are thinking about selling your home right now, chances are that something in your life has changed and you need to move out of Puerto Rico. Although mortgage rates have gone up, they should not be the only reason to sell your property. Your lifestyle and changing needs should matter more to you. 

In this regard Danielle Hale, chief economist at Realtor.com “homeowners who locked in a 30-year fixed rate in the 2-3% range don’t necessarily want to give that up in exchange for a rate in the 6-7% range.”

Therefore, these are some of the most common reasons why people choose to sell: 

1. Enlarge the space: If you have the need for more space, it may be time to find a house that fits what you want now, as this is especially when the family has grown or the needs and so require, others are as space for entertainment, an office to work from home, additional bedrooms to receive loved ones. 
2. Reduce space: If you no longer need such a large house or in the interest of reducing maintenance expenses and their costs of water, electricity, the children became independent and the space is no longer used as before, an example would be when you have just started your retirement and want to move to a place where you can enjoy a large space with fewer demands on maintenance.
3. Relocation: Changing jobs, the desire to be closer to friends and loved ones, the desire to want to live in a dream location or simply looking for a change of location. 
4. Change in relationship status:  Divorce, separation or marriage are other common reasons why people sell to buy different properties, e.g. If you have recently separated, it may be difficult to continue living under the same roof and selling the property may be the best option. 
5. Health concerns: If a homeowner faces mobility challenges or health issues that require specific living arrangements or modifications, they may be able to sell their current home to find one that works better for them.  For example, you may be looking to sell your home and use the proceeds to move into an assisted living home. 

Therefore, if you are ready to sell your home so you can move out of Puerto Rico, contact a real estate professional. This way, you will have an expert by your side to help you navigate the process and find a home that can meet what you are looking for. Remember that selling your property is an important decision.