Selling your home for a profit is always ideal but what happens if you sell your home then it doubles in price a year or two later? You may then kick yourself for not holding onto your property for a little longer.
This feeling you may have is called seller’s remorse- a feeling most people get who have sold their home. There’s no time limit to when seller’s remorse will hit after you sell your home. You may ask yourself, when is the right time to sell my home?
You can’t predict the housing market- Just like stocks, you never know what the housing market might do. You can’t beat yourself up for selling your home when you did to find out it doubled in price a year or two later. To snap out of your seller’s remorse always remember, home prices could drop in price.
Home prices could go up- You may get more money for your home; your new home could cost you more. With the extra cash you are receiving for your home, you may have to invest more into your new home.
Sell your home when you have to- Chances are you aren’t selling your home just because, there is a reason you need to move. Don’t hold onto a home that doesn’t fit your family or you aren’t comfortable in.
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