One of the first things you may ask as a homeowner who is thinking about selling is “how much is my home worth?” because ultimately, you want to know how much money you’ll be taking home when you get to the closing table.
Home value estimates are a good place to start, but a comparative market analysis will only go so far (and won’t tell you how much money you will actually walk away with).
As you consider selling your home, be sure to ask your real estate agent to take a deeper look than simply calculating your home's value. You'll want to determine the cash value of your home which will get you closer to knowing how much you'll walk away with when your home sells. There are a number of factors that go into this, however, it is determined in part…
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