The decision between selling your property and taking a loan depends on various factors, including your financial situation, long-term goals, and the specific circumstances surrounding your property and the loan.

Selling Property:

Immediate cash flow: Selling the property can provide you with a lump sum of money that you can use for various purposes, such as paying off debts, investing in other ventures, or funding a major expense.

No debt burden: By selling the property, you avoid taking on additional debt and its associated interest payments.

Loss of asset: Selling the property means you no longer own it, and you'll miss out on any potential future appreciation in its value.
Taking a Loan:

Retain ownership: By taking a loan, you retain ownership of the property, and once the loan is repaid, you still have the asset.

Leveraging the property's value: If the property has appreciated in value, you can use it as collateral to secure a loan with better terms.

Debt obligations: Taking a loan means you have to make regular payments, including interest, which can be a financial burden if not managed properly.
Ultimately, the decision will depend on your unique situation and financial goals. Consider consulting with a financial advisor to assess your options thoroughly and make an informed decision based on your specific circumstances. They can help you weigh the pros and cons and determine the best course of action for your needs.