Is A Bigger House Within Your Budget?
By Abby Stiller, SW Florida (239) 284-8637
(TOP SELLING REALTY)
At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home?You may have enough equity in your current home to move up.According to the Q3 2019 U.S. Home Equity & Underwater Report by ATTOM Data Solutions,“14.4 million residential properties in the United States were considered equity rich, meaning that the combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value.”This means that one in four of the 54 million mortgaged homes in the U.S. have at least 50% equity. If these homeowners decide to sell, they can use their equ...