Even if selling is a long way off, it is important to know the factors that reduce or raise your property’s fair market value. Your home’s value is a key factor in determining how much equity you cash out when it’s time to sell. Your equity cash out is a key factor in determining how much house you can buy the next go around.
While some factors are outside your control, making sound decisions on the ones you can control helps the chips fall in your favor when it is time to sell. With your financial and future home prospects riding on your property value, here are six things all homeowners should know affect property values.
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