Say you’re trying to sell a used car. Imagine that it’s a desirable make and model. The mileage is low. Overall, it’s in great condition… except, that is, for the body. Unfortunately, there are a few areas where the paint is scratched and there are a couple of dents and rust spots, too.
Are you going to have trouble selling that car? Probably. That...
Your home has both a personal value and a market value.
When you think of your home as a place where a family is raised and memories are built, then it’s like those popular MasterCard commercials on television: Your home’s value is “priceless”.
But when it comes to how much your home is worth to potential buyers, then things get much less sentimental...
