is it a good time to sell my home, I think I could make some money right now!
This is the question we get asked second most, number 1 is what is my home worth? Well this is an interesting question, sure it is great to sell a home here and WOW your gain would be great, but where are you going what do you intend on doing with this potentially profitable transaction?
There are a few things to consider when you make the choice to sell here are just a few ideas. I think I like the "we are selling everything and buying an RV and just live in that for a while." This usually make me smile and sounds romantic, but if that is not your gig. Finding out what you want to do is most important.
Are you leaving the beach or wanting to get rid of your beach house and use the money, what is the goal? First, I would determine the end goal. The goal could be to step to a larger home or we are wanting to downsize (our home is too large). Another set of goals could be geared more toward your investment property, perhaps you want to take the funds (profits) and put into another investment either here or elsewhere. If so let us know you could possible defer the capital gains taxes on that sale with the use of a like-kind exchange (1031) we assist our clients with this all the time.
We also here that it is time for us to travel more and see the world or the family and we just want to cash out. This is also a great goal too. As you can see there are many different things to consider when make this decision, so reach out to us and we are happy to provide some guidance and perhaps helps with your direction.
Let us know what you are looking to do, since 1998 we have been helping our clients with satisfying their goals and dreams. Live your best life and have an awesome time!