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.
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
Home staging means preparing your home for potential buyers. Even if you don’t hire a staging company, you will likely spend hours before you list decluttering your home, deep cleaning each room, and making your space shine in its best light.
Professional stagers can also help your house appeal to buyers and give people a clearer vision
Many homeowners want to buy their next property before selling their current one. Moving from one house to another is easier if you already have a place to move to. It’s also easier to identify which items you want to take and which ones you won't need if you already know what your future house looks like.
However, getting a mortgage fo