The bad news is – it costs money to move. If it didn’t, we’d all probably move a lot more often.
The costs of moving break down into seven categories: property cost, legal cost, mortgage cost, selling costs, closing adjustments, moving costs, utility costs. Here’s a handy guide to help you work out your costs.
The good news is, if you’ve been in your house more than a couple of years, even after the associated costs of moving, you’ll likely still make money. That’s because house prices have been rising steadily over the past few decades.
Selling price – total cost = profit.
Keith Marshall is a real estate agent with Prudential Grand Valley Realty, serving Kitchener, Waterloo and Cambridge. If you’re thinking of buying or selling your home, please give me a call. I aim to take the stress and mystery out of the home buying and selling process.
Chat live with me on my homepage. Maybe I can answer your most important real estate questions.
