Are you interested in moving, looking to downsize, an empty-nester perhaps? Will you retire where you are, or does a vacation destination sound better? Are you near retirement and not ready to move quite yet, but living in a home that is too big with work to be done?
How can you get your current needs met with your goals and dreams for the future? The answer could be the equity you have in your house.
In the latest Equity Report from CoreLogic, the average homeowner in the United States has gained $14,000 in equity during the course of the last year. On the West Coast, homeowners gained double that amount, while homeowners in Washington gaining an average of $38,000!
Do you know how much your home has appreciated over the last year?
If you are interested in moving, many homeowners could easily sell their current house, using the profits from that sale to purchase a condo nearby. This would give them the ability to continue working while eliminating some of the daily maintenance of owning a house (ex. lawn care, snow removal).
The additional cash gained from the home sale would help you put a sizeable down payment on a vacation/retirement home in the location that you would like to eventually retire to. While you will not yet be able to live there full-time, renting out your property during peak vacation times and paying off your mortgage faster could help you achieve your dream.
Take advantage of today’s sellers market by purchasing your retirement home today, allowing you to cash in on the equity you have already built, and take comfort in knowing that a plan is in place for a smooth transition into retirement.
There are many reasons to relocate in retirement, including a change in climate, proximity to family & grandchildren, and so much more. What are the reasons you want to move? Are the reasons to stay more important? Let’s get together to discuss your current equity situation and the options available for you, today!
Realty Solutions Group was built around a simple but elusive concept: provide brokers and clients with the highest level of service in the industry through cutting-edge sales, marketing programs and a culture that values innovation, relationships and a strong local focus.
In less than 5 years, Realty Solutions Group is among the top independent brokerage firms in S/E Wisconsin.
As a locally-owned, independent company, Realty Solutions Group is deeply committed to supporting the communities and clients we serve. We are constantly evolving, but remain focused on that one simple idea behind our founding.
We are a full service brokerage with discounted commissions. We offer no long term listing contracts, a Performance Guarantee, Smart Seller Program and a Communication Guarantee. Contact us today and let us provide you with the very best real estate experience.