Thinking of Selling Your Home?

Are you in the market to sell your home?

If so, there are a few things to consider before you list…from timing and your financial portfolio, to your home’s equity and down payment.

home for sale

Here are a few things to consider before you list your home:

Upsize or downsize. Baby on the way or the last child headed to college? Changes like that make it a good time to consider a new home.

Debts and savings. If you’ve reduced or removed non-mortgage debt and have up to six months of expenses saved, you’re in a good place to buy a home. Having an emergency savings is always important, and especially when considering a buying or selling a home for those unexpected surprises.

Home equity. If your home equity is at least at 20%, you’re also in a good place to buy a new home. Having 20% down (or more) on a home allows the removal of PMI (private mortgage insurance) which could save hundreds of dollars each year.

Home improvement. Even with luxury homes, plan for a reserve of money for expenses in home improvements. From updating paint colors to refreshing landscaping and outdoor living areas, it helps to have a home improvement savings.

Work with a pro. By partnering with me, your Realtor, we will sit down to review your home buying budget, your home needs and timeframe to be sure that selling your home is the right decision.
If you’re in the market to make a move, please contact me. We will work together to make a home selling plan. Also, I love referrals. If you know someone who is looking to buy or sell a home, please share my name. Thank you.

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