1. HOW TO KNOW WHEN IT'S
TIME TO SELL YOUR HOME
BY MARAT TSIRELSON
2. SELLING YOUR HOME
Few homeowners today find their forever
home on the first try, but after you’ve moved
into a home that you don’t love, it’s often
difficult to decide whether to sell or stay. Ask
yourself these questions to determine when
selling your home makes sense.
3. IS MY HOUSE CRAMPED?
LIVING IN SMALL SPACES IS GREAT UNTIL THE SMALL SPACES
BECOME CLAUSTROPHOBIC. IF ADDING ON IS NOT FEASIBLE,
AND IF YOU’VE PARED DOWN YOUR POSSESSIONS AND
RECYCLED EVERYTHING YOU COULD, AND YOU STILL HAVE
NO ROOM TO BREATHE, THEN IT’S TIME TO SELL.
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4. CAN I AFFORD TO SELL?
IF YOU NOTICE THAT COMPARABLE HOMES IN YOUR
NEIGHBORHOOD ARE GOING ON THE MARKET AND SELLING
QUICKLY FOR MORE THAN THEIR LAST PURCHASE PRICE, IT IS
TEMPTING TO SELL. BUT BEFORE YOU PLACE A PROPERTY ON
THE MARKET, DETERMINE HOW MUCH MONEY IT WILL TAKE
TO GET YOUR HOME MARKET READY.
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5. WILL REMODELING BE PROFITABLE?
INVESTING A SIGNIFICANT AMOUNT IN AN EXISTING HOME
TO GET THAT DREAM KITCHEN MAY BE AN UNWISE
FINANCIAL DECISION. IT MAY BE SMARTER TO INVEST IN
PREPARING YOUR HOME FOR SALE AND FINDING ANOTHER
HOME WITH ALL THE FEATURES YOU ARE LOOKING FOR.
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6. IS MY LOCATION RIGHT?
IF YOU BOUGHT YOUR CURRENT HOME FOR GOOD SCHOOLS
BUT THE KIDS ARE GROWN, TAKE A LOOK ELSEWHERE.
SELLING MAY BE THE FIRST STEP TO A LOCATION THAT IS A
BETTER FIT.
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