Answer
Should I sell before or after refinancing?
Usually sell now if you're planning to sell within 24 months. Refinancing eats 1–3% in loan costs plus prepayment penalties on the new loan when you sell. If you're holding 3+ years, refinance may make sense for cash-out or rate improvement — but not to 'clean up' the balance sheet before selling. We model both paths with your specific loan.
The prepayment trap
Yield-maintenance and defeasance clauses on agency debt can cost 5–15% of loan balance to pay off early. Verify the exact number before deciding.
Assumable loans
If your existing loan is assumable at a below-market rate, that's a real value transfer to the buyer that supports a higher sale price. We market that upside explicitly.
Local context
This answer reflects how deals actually trade in Cameron Samimi's core coverage area: the South Bay (Torrance, Redondo Beach, Hawthorne, Lawndale, Gardena, El Segundo), Long Beach (Alamitos Beach, Belmont Heights, Wrigley, Bixby Knolls, Downtown), and Westside LA. Pricing, rent regulation, and buyer depth differ materially between these submarkets — verify the specifics for your property before acting.
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