{"id":28585,"date":"2025-01-06T04:00:05","date_gmt":"2025-01-06T12:00:05","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=28585"},"modified":"2025-01-07T01:18:13","modified_gmt":"2025-01-07T09:18:13","slug":"selling-a-paid-off-house","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/selling-a-paid-off-house\/","title":{"rendered":"Should I Sell or Keep My Paid-Off House?"},"content":{"rendered":"

So you\u2019ve paid your mortgage in full<\/a>. Congratulations! You might be wondering whether now is the right time for selling a paid off house<\/a> or to keep it longer.<\/p>\n

Depending on your situation and current needs, either could be the right choice for you. Maybe you want to downsize<\/a> and save for retirement. Or maybe you\u2019re considering keeping the house as an investment property<\/a>. Each option has its pros and cons.<\/p>\n

To help decipher them, Mikki Ramey<\/a>, a top real estate agent in South Carolina<\/a>, and Richard Helali<\/a>, a mortgage lending expert, gave us some pointers.<\/p>\n

\u201cWhen it comes to this, it\u2019s not that one choice is good or bad, but it\u2019s really what that individual person is most interested in and most comfortable with,\u201d Helali comments.<\/p>\n\n\n\n\n\n

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\n \"homelight\n <\/div>\n \n

Find Your Perfect Real Estate Agent<\/h3>\n

We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.<\/p>\n \n

\n Find an Agent<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n

How do you decide whether to sell or keep a paid-off home?<\/b><\/h2>\n

There are plenty of reasons why people might be thinking of selling a paid off house. <\/span> The number one reason, and the most obvious, is that you want to move.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

If you’re wondering whether to sell, keep, or rent out your paid-off home, HomeLight has the expert opinions you need to make a decision.<\/p>\n","protected":false},"author":262,"featured_media":52318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[343,319],"tags":[],"class_list":["post-28585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finances","category-selling-advice"],"acf":[],"yoast_head":"\nShould I Sell or Keep My Paid-Off House? 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