Here are seven signs you’re ready to sell your house:

1. You’ve got equity on your side. Figuring out how much equity you have may sound complicated, but the math is actually simple.
2. You’re out of debt with cash in the bank. Start by taking a hard look at your finances. If you’ve paid off all your non mortgage debt and have three to six months of expenses in your emergency fund, that’s a good sign you’re financially secure enough to purchase a home again.
3. You can afford to buy a home that fits your lifestyle better. Whether you’re sizing up or down, make sure your mortgage fits your budget. it is recommended keeping your monthly payment to 25% or less of your take-home pay on a 15-year fixed-rate mortgage.
4. You can cash flow the move. Don’t get so carried away by the excitement of your next home that you forget to account for the cost of moving out of your current one.
5. You’re emotionally ready to sell. Before you plant the “For Sale” sign in the front yard, take a minute to answer just a few more questions.
6. You understand the market. If inventory is decreasing, your competition might be lower when selling your home.
7. You have a real estate agent. Consult an experienced real estate agent to find out how the current housing market is shaping up in your area so you can decide if a sale makes financial sense for your family. They bring experience and confidence to the table when they handle their many job duties, which include:

-Giving you advice about updates or repairs that will make your home more attractive
-Helping you set the right price for your home
-Marketing your home so it receives as much exposure to potential buyers as possible
-Scheduling showings with potential buyers
-Advising you as you negotiate offers
-Handling all the required paperwork

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