Being in a position where you want or need to sell your home is great! Not only is it an exciting process, but selling your home in Edmonton means you get a competitive market too. What makes it so exciting? Well first of all, you get to go through a change in your life. Whether you are simply moving to a new home in Edmonton, or to another city, you get to start fresh somewhere else. Secondly, you get the excitement of hunting for a new home, and lastly, you get to satisfy your curiosity about your current home and what it is valued at in the current real estate market.
Selling your home in Edmonton can be a great opportunity because of the housing demand. You may receive a great return on your property, especially if you have invested in it through upgrading some of it’s features. You can also determine the equity you have in your home by discussing your finances with a financial advisor, experienced real estate agent or your bank.
One thing you can be sure of is that you will be busy once your home hits the market. Between cleaning and organizing for viewings and reviewing offers and maintaining a good dialogue with your real estate agent, it may feel like a whirlwind process. The truth is though, the faster selling your home in Edmonton goes, the better. The more action and interest your listing sees, the better. If you are looking to buy a new home, selling quickly helps you eliminate conditions from your purchasing offers, making you a strong candidate when it comes to bidding wars.
Many first-time buyers aren’t in a position to put 20% down on a new home, but as an experienced buyer – you have to put down 20%. The good news is that by selling your current home in Edmonton of (particularly if it is worth more than what you purchased it for) you can afford to put down a substantial down payment and maybe even shop in a higher budget range for your new home.



Posted by Gurpreet Ghatehora on


Email Send a link to post via Email

Leave A Comment

Please note that your email address is kept private upon posting.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2022 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on August 15th, 2022 at 10:31pm CDT.