Creative Ways to get equity out

HAS YOUR HOME APPRECIATED A TON IN LAST 4 YEARS BUT EQUITY IS TRAPPED BY CURRENT CONDITIONS?

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If you are the average homeowner with an attend in person job, and a 3-5% rate on your first mortgage, this info unfortunately is not for you.

If you work remotely, are retired, self-employed, and location is not a barrier, this post may be for you.

My advice: Sell, Sell, Sell...while you are still within 10-15% of market peak as my prediction and many others is that home values in the greater Phoenix Metro area are going to head down soon.

Take your proceeds and buy in an area that isn't drastically overvalued. (in blue on map) coutesy of Reventure App (Not affiliated)
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You can take the proceeds from the sale of your current home and have enough down payment for 1, 2, 3 or more homes in an emerging market.

You can use seller concessions for a 3,2,1 or 2,1 or straight buydown and get a manageable rate and if the market soothsayers predictions are correct, you can refinance in a year or two.

This is all a hypothetical and varies case by case, you will need to be geographically flexible and very motivated to make it happen. I can help you with the financing on the target home in multiple states or connect you with a loan officer who can. I can also connect you with an agent to sell your existing home.

Inquire here for more info: