Are you an empty-nester in Citrus County? Do you want to retire where you are, or does a vacation destination sound more your style? Are you close to retirement and not ready to move yet, but living in a home that is too big in size and maintenance needs?
How can you line up your current needs with your goals and dreams for the future? The answer for many might be the equity you have in your house.
According to the latest Equity Report from CoreLogic, the average homeowner in the United States gained $14,000 in equity over the course of the last year. On the West Coast, homeowners gained twice that amount, with homeowners in Washington gaining an average of $38,000!
Do you know how much your home has appreciated in Inverness, Crystal River, Homosassa or Floral City over the last year?
Many homeowners would be able to easily sell their current house and use the profits from that sale to purchase a condo nearby in order to continue working while eliminating some of the daily maintenance of owning a house (ex. lawn care, snow removal).
With the additional cash gained from the sale of the home, you could put down 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, you can rent out your property during peak vacation times and pay off your mortgage faster.
Purchasing your retirement home now will allow you to take full advantage of today’s seller’s market, allow 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!
YOUR LOCAL REAL ESTATE EXPERTS
Welcome to your resource for real estate in Citrus County Florida. The associates of RE/MAX Realty One invite you to explore this site for real estate listings and local information. For over 25 years our company has assisted thousands of customers like you in locating their perfect home, land or investment property. We are the premier local company offering you experience, knowledge and dependability. If you’re considering a move to the CITRUS COUNTY including Crystal River, Inverness, Homosassa, Beverly Hills, Inglis, Hernando, Lecanto, Citrus Springs or Dunnellon, you’ve come to the right place. We hope that you enjoy your visit exploring everything our website has to offer and will contact us if you have any questions. Whether you’re a buyer or seller, you can learn more about RE/MAX Realty One here. We’re your real estate professionals on Florida’s Nature Coast.
Buying or Selling, contact us for service that exceeds your expectations!
The Associates of RE/MAX Realty One