Want to Increase Your Equity When Selling Your Home? – Think of Your Home as a Financial Asset.
A transition takes place when you begin the process of selling your home. You see your home not as a home, but as a financial asset, and the question becomes how do your get the most equity out of your house?
Your first decision when you decide to sell your home is to separate yourself from the personal feelings you have about the house. Often when you talk with realtors about buying real estate, we’ll refer to your new property as a “home.” When you sell a property, we’ll often refer to your property as a house. While buying a home is often an emotional decision, selling a house is a financial decision, one for which emotional detachment is needed.
When you decide to sell your home, resolve to yourself that your home no longer belongs to you. When you think of your house as another financial transaction, you think more clearly about all the decisions you need to make before you close. Buyer’s on the other hand invest emotion into the purchase of their new homeand it is in your best financial interest to do everything possible to allow them to see your house as their new home.