Smart Homeowners Reveal Equity Secrets Before Selling Marvels
Exploring Refinancing Options
Refinancing your mortgage before selling can also be a strategic move, especially if you can secure a lower interest rate. This can reduce your monthly payments, allowing you to allocate more funds toward home improvements or other equity-boosting strategies. However, it's essential to weigh the costs of refinancing against the potential benefits, as closing costs can offset savings if you're planning to sell soon after refinancing3.