Home means a path to financial independence.
“Home” could be the comfort you receive when you sit in “your chair” to watch the game. It could be the relief you feel when you walk through a doorway where your children greet you. It could be that moment of liberation you experience when you can walk into a financial institution and discuss your investment.
Investing in a home can change the trajectory of your life. When you invest in a home, you are investing in your future. Sure, this can sound cliche, however it is true. When you put your funds toward home ownership, you also receive equity. This is the appreciation that happens above the purchasing price. Homeowners can also leverage this investment in a variety of ways. Two of the most frequent options:
Sell your home to reinvest
- When you sell your home, you can take the difference between what you spent on the house and what you have earned. The important part of this process will be timing. Therefore, we recommend working with a professional agent to help with navigation.
Borrow from your home equity to reinvest
- Working with the right financial institution to access equity for reinvestment requires understanding the availability of aligned opportunities in the marketplace. We recommend you reach out to a real estate agent in advance of exploring this form of reinvestment to make sure the proper inventory is available to you.
The key is to realize that when you make a home purchase, you don’t have to stay in that home. You can use the investment to make choices in your life that non-homeowners don’t have the capability of doing. We want you to flourish and be able to achieve your dreams. As real estate professionals, we believe it is essential to understand the market, understand the needs of our clients and determine a roadmap for success. Each real estate investment route is different, but it always begins with that initial step of becoming a homeowner.
RE/MAX Capitol Properties professionals can help connect you with the right support network to buy a home. From relating to the proper financing vehicle support to getting the right inspectors in place, our agents can help you navigate the home-buying process. Give our agents a call or visit our website to learn more- 307-635-0303 or cheyennehomestore.com.