Page 9 - thinking of selling
P. 9

are you ready?
        THINKING OF SELLING


        KNOW YOUR FINANCIAL SITUATION AND ARE YOU

        COMFORTABLE WITH IT TO SELL


     To understanding your homes worth, I

     reccomend to get an appraisal.
                   CLICK HERE


             for a Free Appraisal.


    But also 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 quick and

    easy, 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 the 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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