Selling the home you live in is never easy, especially if it's where many cherished memories took place. But if it's no longer the right fit, it can be quite a financial strain. Here's how to decide if the time to make your move is now.
Determine what you can expect to receive from a sale. The goal is to sell it for more than you'll spend on the next place you call home.
Figure in the cost to maintain your current home: When you add up what you pay for things like pool and lawn service, utilities, insurance and ordinary maintenance, the total may surprise you.
Then, when you add in the cost of painting, roofing, heating, cooling, and other repairs, the amount could spike quite high.
Consider the taxes: Local property taxes are determined by the assessed value of your home. This amount could decrese significantly when moving to a lesser-princed home.
Transitioning to the next place you call home could revitalize your life. It could result in extra money in the bank, extra time on your hands and the peace of mind you've been seeking.
Take advantage of these potential benefits and begin planning your GreatTRANSITIONS!
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