Page 9 - thinking of selling

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.