Why Are More People Not Planning Their Next Move

Why Are More People Not Planning Their Next Move

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.”

simplifyingthemarket.com


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.


Bottom Line


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.


Read more here...


Image courtesy of KeepingCurrentMatters



Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: April 12th 2016
Views: 617
About Lance: My name is Lance Whipple and I help first-time homebuyers, international investors, “active adults...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

SunRail Station Opens Up In Meadow Woods Florida - Dislike I-4 traffic and thinking
JUST SOLD 131 BLOOMINGDALE DRIVE DAVENPORT FL 33897 - SOLD!!!  Congratulations to
Have You Outgrown Your Starter Home - Have You Outgrown Your Starter?
Modern Design Vacation Home In Four Corners - Are you looking for a vacation

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL
863-292-6217
321-445-5568