Posts with tag 'Downsizing'

Deciding when to sell your home isn't always easy. Most people don't expect to stay in their houses forever, but it can be hard to decide when to place your home on the market. If you're on the fence about selling your home, here are several signs it's time to take the leap. 

You have positive equity

Equity is the difference between your home's value and the amount you owe on your mortgage. One of the most important signs you're ready to sell is that you have positive equity in your home. With a high amount of equity, there's a higher chance of making a profit on the sale. 

To find out how much equity you have, compare the amount you owe on your most recent mortgage statement with your home's market value. Don't re...

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Downsizing to a smaller home can be at the same time a source of freedom and a source of anxiety. Clients who are ready to downsize do so because a smaller home is less to pay for and maintain. But the same clients can get overwhelmed when it's time to sort through all their belongings and decide what's going with them to the new home.

Unless you're a natural at keeping clutter at bay, editing down your possessions to fit in a smaller home isn't easy. Still, there are some things you can do to make you more productive:

1. Give yourself plenty of time

You might feel like you've got all the time in the world, but start now. Sorting through a lifetime's worth of belongings and choosing what to discard is hard work and brings up lots of emotions. If you put off downsizing until you're packing for your move, the stress of the clock is l...

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