Personally I hold all my real estate, its my retirement plan! Overtime, real estate trends upward. So regardless of the dips your investment is good. Two years the market can dip and you could lose money, but if there is a large increase and you are looking to pocket cash then sure why not!
Hi, the minimum time to sell your property for a good time is 5 years so you build equity by time, 2 years is a short time depending on the market and economy .
Depends on what your goal and situation is. Are you selling because of life or location change? Are you selling because its not the right house?
I am in Austin...if you bought here two years ago it was just starting to get a little crazy. You may do really well! If you bought AFTER the market started being insane you break even if you sold now. If you are needing to move for a job transfer or something you may break even and be ok. If you bought the house for an investment, it may give you the RIO you want. After commissions and capital gains you may be in the red.
Talk with a local agent and ask them for a net sheet.
Hi Ella- This is entirely dependent on what your goal is for the sale. I strongly suggest connecting with a top agent in your area and review the financials of the purchase, the current home value, and your goal for a sale. Too many factors involved to get generic answers.
Hello Ella:
I have to agree with my other associates, it all depends on your reason for selling. The one thing I will add is depending when your purchased your at the beginning of the crazy market you should do very well, however, with that being said you have to take into account on your capital gain taxes. Therefor selling will also depend on whether you are going to purchase another home within the timeframe and also who much money you make from the sale of your home.
A porch is a shaded space that is built around a home. You might have a front porch that protects you from the rain when you unlock your door or a back porch where you relax and entertain guests throughout the year.
Homeowners want recreational spaces in their homes to make living there more enjoyable, which is why porches are growing in popul
Every real estate market and home sale is unique, but some people experience similar problems when they are trying to move. It’s not uncommon for a house to get lots of showings but no offers. There is definitely interest in the property, but there are also issues or concerns holding buyers back.
There are usually specific, identi
Homeowners preparing to sell often look at all sources of value to determine the ideal listing price for their properties. While their real estate agents can conduct a comparative market analysis (CMA), homeowners often estimate their own property values before meeting with them. One common question sellers have is, “Does a fireplace add value t