Financial Benefits of Selling Your Home

Posted by Elizabeth Chi on Monday, November 12th, 2018 at 8:40am.

 

If you are deciding whether or not selling your home is the right decision, it is important to know that there are many perks of selling your home this time of year. So, to help provide some more guidance, Elizabeth Chi, your local Fort St. John realtor, has listed the financial benefits of selling your home.

The fall time is the kickstart to the holiday season, which means homebuyers will be eager to move into a brand new place to celebrate the holidays with their loved ones and will be excited about decorating their home in festive décor. This means that they will be more likely to put an offer on a home sooner than later and will not drag out the home buying process.

This time of year also means you will be dealing with buyers who are serious about becoming a homeowner and are willing to work with competitive prices, which will give the sellers more of a financial gain.

To state the obvious, if you sell your house you immediately receive a substantial amount of money that can be spent any way you would like. But what you may not be aware of is whenever you sell your house, you access all of your home’s equity. Your home’s equity is the difference between the amount you owe on your mortgage and your home’s appraised value. This means that the more you pay towards your home loan, the more equity you will have in your home. When you sell your house you immediately gain access to your home’s equity and that money can be used to pay off debt, fund higher education, purchasing a new home, or even take a dream trip somewhere.

Also, if you choose to work with a Fort St. John realtor, you will be working with an expert in the field that understands the market. They can work with buyers and help you achieve a great deal so you financially come out ahead.

So, if you are thinking about selling your home, be sure and work with your local realtor to receive the best deal on your home.

For information on the real estate in Fort St. John or if you would like to work with a realtor to sell your home, please contact Elizabeth Chi at 778-256-2888.

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