Deciding when to sell a home often hinges on life circumstances rather than solely on financial motivations, emphasizing the importance of personal needs in the home-selling process.
Home equity plays a crucial role in the decision to sell; the longer you reside in a property, the more equity you build, enhancing your financial flexibility.
Transaction costs significantly impact your net gain from selling a home; understanding upfront and closing costs is vital for making an informed decision.
Local market conditions are imperative to consider when deciding to sell, as they can greatly influence the sale price and timing.
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