An article by Fannie Mae reveals evidence that a large number of homeowners are dramatically underestimating the equity they have in their current home. The report explains that:
“Homeowners may be underestimating their home equity. In particular, if homeowners believe that large down payments are now required to purchase a home, then widespread, large underestimates of their home equity could be deterring them from applying for mortgages, selling their homes, and buying different homes.”
The opposite is likely the case here in the Disney Area Property Market. So many homes were purchased during the boom and prices have not recovered. As we have discussed in previous blog posts, we still have a healthy inventory of Bank-owned properties coming on the market every week and for the builders to compete with the $200K and up market they homes are discounted here in the Vacation Home market compared to other areas we review.
Let's meet up to determine the actual equity you have in your house and to take a look at the opportunities that currently exist in the real estate market. This may be the perfect time to move-up, move-down or buy that vacation home your family has always wanted.
EXIT Realty Champions', Champions Gate Real Estate Office, by Reunion Resort Orlando, is a full service Real Estate Brokerage Office in Champions Gate, Davenport 33896, next to Reunion Resort in 34747. Search for homes for sale with our Realtors, local experts in Champions Gate, Reunion Resort, Kissimmee and Davenport FL. This being the main area for resort vacation homes that can be rented out to meet the Disney World Orlando>, Universal Studios and other theme park market.
Alternatively, if you are looking for a new place to live, Our Realtors can help you find the perfect home in the Orlando, Kissimmee, Davenport, Clermont area known as the Four Corners, where Osceola, Lake, Orange and Polk Counties come together, Next to Disney and the Theme Parks.
EXIT Realty Champions' Realtors in Champions Gate, have a cutting edge Digital Marketing Strategy to help you sell your home for top dollar available in today's demanding market.
Rest assured that EXIT Realty Champions will Champion your housing needs, whether buying or selling one of the biggest investments you have, your home.
Orlando’s home sales dropped off more and home prices rose faster in
"Lance helped us close on a home in 21 days. As a retired military officer I had high expectations for the home buying process in central Florida. Lance helped us locate financing, select a title company, get through the inspection process and utilizing a VA loan meeting our tight deadlines. Lance is bilingual and speaks Spanish fluently which helped us greatly as my wife's first language is Spanish. His local knowledge ensured that we were well informed throughout the purchase process. His extensive understanding of FRPTA provided me the confidence to purchase my home from a foreign investor. He also helped with permit concerns which guaranteed we would have no surprises down the road with our purchase. Lance conducted a market analysis that was a spot on to the value of the home and the appraisal actually was higher than his estimate. If you are moving to central Florida this realtor is the best in the business and if you are a veteran you would be in safe hands working with Lance, who is a retired Air Force Officer, who will look out for your best interest and help you find the home you are looking for. Thank you Lance Whipple for helping us purchase our new home."