How to know when to sell your property

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Selling a home can be an opportunity to improve your lifestyle and start fresh.

Choosing to sell your home is a big decision, so it is important to know that you are ready to move on.

“Another good reason to sell is if the home has become too much to maintain, either for financial reasons, health issues, or lifestyle changes.”“If a busy schedule keeps you from regularly maintaining the property, it might be better to sell it and purchase a lock-up-and-go unit that requires little to no maintenance. If the grass is knee-high and the swimming pool matches the colour of the lawn, perhaps it’s time for a change, he suggests.

“While the home may have been perfect when you bought it, things change, and your needs develop. If the home no longer meets your current criteria, it is probably time to find another one that makes more sense to your current lifestyle,” said Goslett. The final reason for a homeowner to know that he or she is ready to sell is a simple home equity calculation.

 

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