The departure of the five grown-up children is probably the most obvious sign that it may be time to sell the family's 150 m² house! But what are the other signs?

The evolution of the personal situation

In addition to the above example, there are other more personal factors that may prompt the sale of a house. Empty rooms, lack of energy to maintain the house and possibly its exterior, but also a drop in income that makes it more and more difficult to repay the mortgage... all these reasons can encourage you to put your property up for sale. Another sign is the loss of mobility over time, which means that it is no longer possible to move around the house easily. This being the case, the point here is to sell your house, not to sell it off!

The state of the property market

It is essential to consider the state of the property market in your city before making such a decision. The ideal situation would be during a period when prices are rising while interest rates remain low. Ask professionals about the net value of your property and the trends so that you don't lose money, if not make a profit.

Beware of fees

You may have taken out a loan to finance your property. However, selling too quickly can cause you to lose money. One rule applies: you must wait until you have at least recouped your personal contribution and added the early repayment charges. The outstanding capital must then be equivalent to the market value of the property, minus the deposit and the IRA (early repayment indemnity). In general, this can take between two and three years.

Publish your ad on atHome.lu