Related topics
- - Finding Out if You Really Need to Sell
- - Knowing the Health of Your Housing Market
- - Trading Up
- - Making Retirement Housing Decisions
- - Tax Facts Sellers and Landlords Ought to Know
- - Estimating Proceeds of Sale
- - Assessing the Financial Feasibility of a Move
- - Financing Decisions When Trading Up
- - The Trials and Tribulations of Seller Financing
We help you tackle the big-picture issues that you must face before selling your house. To begin with, we ask you to consider whether you should even sell your house in the first place. Do you need to sell or do you just want to sell? Wanting to sell isn't a bad thing, but selling and moving can wreak havoc with your pocketbook if you don't first study the financial ramifications. We walk you through your options and assist you with making the selling decision.
And before you sell your house, you need to figure out how much you'll net from the transaction. Unless you're quite affluent, you're going to need to know how much money to put toward your next place, your retirement nest egg, or whatever else you envision doing with the proceeds. We tell you how to come up with an accurate estimate, not a 'guesstimate.' We also encourage you to think through another important issue before you put up your For Sale sign: Are you interested, willing, and able to provide financing to a prospective buyer of your house?
