• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Amy Shair Top eXP Realty Agent

Top Rated Real Estate Agent Cary, Raleigh, Durham

  • Home
  • About Amy
    • Client Testimonials
    • RE Designations
    • Meet the Team
    • Passion for Charity
    • Triangle Info & Awards
  • Buyers
    • Amy’s Listings & Tours
    • Active Adult Communities
    • Relocation Specialist
    • Neighborhood Info
  • Sellers
  • Blog
    • Amy’s Newsletter
  • Contact
  • HOME SEARCH
    • Raleigh
    • Durham
    • Apex
    • Cary
    • Chapel Hill
    • Hillsborough
    • Holly Springs
You are here: Home / Selling a Home / Do I Sell My House before Applying to Graduate School? Some Tips to Help your Decision.

Do I Sell My House before Applying to Graduate School? Some Tips to Help your Decision.

December 2, 2011

Planning to go back to graduate school is big step to further your career.

For people who have been working and currently own a home, townhome or condo, the possibility of moving needs to be considered before you go back to school.
Top Reasons

The top 2 reasons graduate school students consider selling their home are:

1) Moving closer to school or
2) Cut costs and lower maintenance responsibilities

Consult with your local real estate professional to assess your options. If selling or renting your current home is an option, you need to know the details about how that process works and if it would fit in your overall plan for the next few years.

Remember that qualifying for a mortgage will change once you change your current job or if you don’t have income while you are in graduate school.

Questions to Consider

Here are 3 questions to ask yourself to plan your housing while you are going to be in graduate school:

1) Is your current home too much for you to manage while you are committed to graduate school? (include home maintenance items that occur seasonally such as cleaning gutters, shoveling snow and mowing the grass)

2) Will you likely relocate out of the area once you earn your graduate degree?
3) Are you thinking you might open your own business after finishing graduate school?

Possible Solutions
Some possible solutions for upcoming graduate students include the following:

1) Rent your current home
2) Get a roommate
3) Refinance your mortgage to get a fixed interest rate or lower your mortgage payments
4) Sell your home and rent while in graduate school
5) Sell your home and buy a property close to school that could become a rental property when you finish school

Remember that consulting professionals is key in making the decision of whether to sell your home before applying to graduate school.  A real estate professional, accountant or CPA, and a mortgage lender can give you valuable insight on how this process can be made easier.

 

 

Filed Under: Selling a Home Tagged With: "Amy Shair Raleigh NC", amyshair, durham county real estate, Durham Real Estate, North Carolina 27513, success in graduate school, Wake County Real Estate

About Amy Shair

Amy Shair is an Award-Winning REALTOR® and Real Estate expert serving Durham, Cary, and Raleigh North Carolina areas for over 25 years. Amy continues to stay current with online and real estate trends so that her clients are well-prepared for buying or selling their home. Call or Text Amy for your SHAIR of the market at 919-818-5001.

Primary Sidebar

Amy Shair eXp Realty

Amy Shair eXp Realty agent
  • (919) 818-5001
  • Contact Amy

 
Featured Listings

Recent Posts

  • Private Schools in The Triangle NC Area
  • Public Schools in The Triangle Area NC
  • Interest Rates are Not Slowing Down Buyers in NC
  • Things to do in the Triangle this March
  • 5 Reasons to Work with a Buyer’s Agent on New Construction

Topics

  • Buying a Home
  • Home Maintenance
  • Local Events
  • Local News
  • Organizing Tips
  • Real Estate Market Trends
  • Selling a Home

Previous Articles

Top 500 Triangle Real Producers

 

Footer

Contact Amy Shair

Amy Shair eXp Realty
201 Shannon Oaks Cir Ste:101-A
Cary, NC 27511

919-818-5001
https://amyshair.com

Amy Shair Real Estate Agent Cary North Carolina logo

eXp Realty Logo

Hours of Operation

Mon, Tues, & Thurs: 8:00 am – 5:00 pm
Wed & Friday: 9:00 am – 8:00 pm
Saturday: 9:00 am – 5:00 pm
Sunday: 12 pm – 5 pm
Or by appointment

Follow us on social media for exclusive real estate news and photos from our listings in Raleigh, Durham area

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube
  • Contact
  • Awards
  • Testimonials
  • Financing
  • Privacy Policy
  • Sitemap
  • Blog

Copyright © 2023 · Amy Shair eXp Realty Residential Real Estate Agent · Website by Current Marketing Services · Log in