How to Know if You Should Sell Your House in Fort Myers or Refinance

Many factors come into play when homeowners determine the best course of action to take with such a significant financial transaction as selling or refinancing your home. The decisions you make today will have a ripple effect, impacting your financial health for years to come. This is why it’s crucial to carefully consider all the details of each option.

Let’s delve deeper. Are you happy in your current home? Does the location suit your needs? If you plan to stay put for at least five years, refinancing might be the smarter choice, especially if you can snag a lower interest rate. This could translate to significant savings on your monthly payments. On the other hand, if you’re ready for a change or your property value has risen considerably, selling your house in Fort Myers could net you a substantial profit. This windfall could be used to invest in a new home, pay off debt, or secure your financial future.


Downsizing through selling your house can be a smart move if your current space feels overwhelming. Perhaps your children have grown and flown the coop, leaving you with echoing hallways and rooms you rarely use. Maintaining a large house can be expensive, not just in terms of mortgage payments but also with regards to utilities and upkeep. Selling your house and moving to a smaller, more manageable property can free up both finances and time, allowing you to focus on other things in life.

On the other hand, if your needs have simply grown – perhaps you have a new spouse or a growing family – refinancing your existing mortgage might be a good option. This can be especially true if your property has the potential for expansion, like an unfinished basement or a large attic. However, refinancing is not a decision to take lightly. While it can lower your monthly payment, it also extends the length of your loan. Renovations, on the other hand, can add significant value to your home, but they also come with their own set of challenges like dust, noise, and the disruption of daily life. Ultimately, the decision between selling your house in Fort Myers or refinancing depends on your personal priorities and tolerance for change.


Outside forces can drastically change our financial circumstances for the better or regrettably for, the worse, which can strongly influence whether or not you should sell your house in Fort Myers or refinance. If you find yourself struggling to make ends meet, consider that lenders have strict criteria about your credit rating. In addition, if you borrow more than 80 percent of the current market value, you’ll probably be paying an additional fee for private mortgage insurance, PMI, and check with the lender about other fees and costs associated with refinancing. Finally, if foreclosure is a possibility, don’t stick your head in the sand and allow procedures to begin without taking any action. Listing a home on the market to sell for the highest possible profit takes both time and money. If you are already in financial distress, find out the average days on the market, which is the closest you can get to an estimate of when your home will sell. You’ll need to take a realistic inventory of the costs involved to list a home before jumping in, including real estate commissions, prepping and cleaning for showings, inspection, appraisal, repairs, and the costs of holding the property until the sale occurs.

Core Real Estate Properties

If you are trying to decide if you should sell your house in Fort Myers or refinance, the experts at Core Real Estate Properties take the time to listen to your concerns and answer any questions with no obligation. At Core Real Estate Properties, our professional buyers have years of experience to help guide you in knocking down hurdles that homeowners just like you face every day; why not find out how a direct sale to Core Real Estate Properties could be the solution to your problems? At Core Real Estate Properties, we are your neighbors, and our goal is to help you make the best choice for your situation. At Core Real Estate Properties, we want you to feel good about the deal long afterward, so we detail how much you would profit by listing your home on the Fort Myers market details of our offer, which you’ll agree is fair. Working with a professional buyer from [compay] on the direct sale of your home means no worries about repairs or commissions, or hidden fees in our straightforward contract. Contact Core Real Estate Properties at 239-360-3176.

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