8) Flipping Your Vacation Home
Maybe you completed renovations on your fixer upper and doubled the market value of your vacation home. Maybe the real estate market has improved considerably and the demand for housing has risen significantly. These are two scenarios that would provide an opportunity to flip your vacation home and use the profits to buy another home cheaply. You may want to consider selling your home through a realtor. They know the current market conditions and what type of buyer to look for and can move the home faster. If you have the time to sell the property yourself, you can save the cost of the commission that would ordinarily be paid to the realtor.
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