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They say that home is where the heart is, and for many of us that is true.
Whether it is a first home or not, odds are pretty good that the house you live
in has a lot of happy memories for you and your family. It might be the home
you brought a child to for the first time, it might be the place you relocated
to after leaving Georgetown Ontario to start a new life many years ago.
No matter how much talk there is out there about regarding your house as an
investment and nothing else, we can't help but become attached to the
place we call home. While it is good to have a feeling of belonging, there is
such a thing as becoming too attached to one's home, particularly when
considering the cold hard realities of the real estate market.
An over fondness for the family home may mean that you pass up opportunities
that could result in a better life for you and your family. If the hospital
in Mobile where your spouse works lacks the proper radiation shielding and she
has been offered a position at a more advanced facility in another town, should
you really refuse on the grounds of comfort? The price may not be apparent in
the short term, but sooner or later you will pay for that kind of attachment
to a building.
Becoming emotionally involved with your home may also lead to mistakes when
you are ready to sell. People who are attached tightly to their homes make the
very particular mistake of pricing their houses too highly to start out with.
This can be very bad when it comes to relocating due to jobs. Gatineau workers
can't really afford to be paying for rent up north and their Mobile mortgage
to the south, but they can't attract buyers as the price is too high.
Emotional involvement may end up costing you money in the end.
So, how can you begin to look at your happy home with more of a detached eye?
Well, first of all you may want to take a break from it before you put it on
the market. Purchase a Tyson's Corner spa package for you or your spouse,
whoever is finding it harder to part with the house, for example. A week away,
in a relaxing environment, can really help focus one's thoughts and bring
out what is truly important.
And what is important, of course, is the fact that no matter how long you have
lived there, a house is still just a house. It's no different, really,
than office space for lease, Toronto based or otherwise. The people who live
in the house are the ones who make it a home, and that means you will be home
no matter where or what kind of real estate you purchase.
Moreover, remember that you can take a lot of your memories with you. There's
nothing stopping you from taking a lot of pictures of your home, and in this
age of digital photography there is no such thing as a wasted shot. Point your
camera at your backyard, your rec room, and anywhere else you have special memories.
They'll be preserved for you, intact, forever, and you can use them to
remind yourself that a house purchase and sale is really just a business transaction,
after all.
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