Page 9 - Revised thinking of selling
P. 9

are you ready?
        THINKING OF SELLING ?


        KNOW YOUR FINANCIAL SITUATION AND ARE YOU


        COMFORTABLE WITH IT ?

     To understand your homes worth, we

     recommend you get an appraisal.
                   CLICK HERE

             for a Free Appraisal.



    Look at your Equity - If you sell your
    home for more than you owe, you'll

    benefit from its positive equity.



    However, when you sell your home for
    less than what you owe you're in a

    negative equity situation.



    You want a nice balance of a good
    price in the market so it sells quickly and

    enough to comfortably benefit.



    What if you buy before you sell?


    If there’s likely to be a time period of

    buying your new home and getting the

    money from selling your current house
    then your bank may be able to increase

    your home loan for a short time, or help

    with bridging finance.


    Bridging finance is an interest-only loan

    for a short term to help ‘bridge’ the gap

    when you have mortgages over two
    homes.



    Check with your Bank first and see the

    options they have available to you.
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