There are many different ways on how to use equity. Buying a home to fit your needs if your current space no longer meet your family needs and now time to think about moving to a move up home, bigger home or downsizing. Clink link to learn more about downsizing to a smaller home /DOWNSIZING-TO-SMALLER-HOME---32819---32836---Dr-Phillips-6-18381.html
Either way you can put equity to great use to a larger down payment that fits your lifestyle. A realtor can help you understand on a good estimate on how much equity you may have in your home. This helps you decide on the perfect home that is waiting for you. Not only you primary residence, this can be pulling equity out to purchase another investment home. You can also reinvest in your current home for certain renovations to meet new lifestyles. Consider your long term benefits that can upgrade the value of your home.
In 2023 with inflation very high, equity is a huge game changer and helps in financial difficulty to prevent foreclosure. you must understand your options consulting your realtor and lender. Equity can be a substitution in many different challenges of life and unforeseen circumstances. Do not wait until it's too late and make this valuable decision. With may job layoffs this is your best option to prevent foreclosure. Always each homeowner scenario is different. This is why owning a home is to your advantage versus renting. Click link to learn more about buying versus renting /BUYING-VERSUS-RENTING---32819---32836---Dr-Phillips-6-18852.html
Seek a trusted advisor to guide you on this matter.
As a trusted advisor, professional realtor and military veteran I am here to serve you and always on the pulse of the housing market for Dr Phillips and the Central Florida area. Always stay in tuned, educated and connected in this volatile housing market to purchase or for the sale of your home. In the absence of trustworthy up to date information whether it's a housing crisis or local housing market, real estate decisions are increasingly being driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community and always preaching the truth of real estate. I emphasize that education is a must for the community to ensure you are making the right decision.
Part of my job is to keep you educated of the local market trends, information on the buying and selling process to include real estate common terms and videos. Don't get confused with the news, they talk about national level data and I can provide most current up to date local area data.
So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are getting help with a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact me today at 850 496-6412 to help begin a new walk to homeownership and all your real estate needs.