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Have you thought about getting that bigger, better house in a better neighborhood?  

NOW IS THE TIME!

Whether you need more space, want to upgrade your location, or for any other reason, the current real estate market presents a unique opportunity to capitalize by trading up! 

5 reasons why this is the best market to trade up!

1. You will make money NOW on the trade!  

Here's how this works. You currently own a condo that was worth $1,000,000 three years ago, and now it's worth $700,000 (that's right, it's gone down 30%!).  You may be thinking, I've lost $300,000, right?  Wrong!  

What you do is go out and sell your condo and purchase the home of your dreams for $1,400,000.  That house, three years ago, was worth $2,000,000 and you probably couldn't have afforded it.  By buying it now, what you've just done is bought your new home at a $600,000 discount!  Just like that, on the trade, you've made $300,000!  This doesn't even take into account the money you'll save on property taxes because you're paying taxes on a $1.4M house, and not on a $2M house.

2. ... AND you will make money LATER when you sell your new home!

OK you've listened to my advice, bought that new home of your dreams and traded up. YES!  Fast forward five years and the real estate market has gone up 20%.  Let's take a look at what has happened.  Your old condo is now worth $840,000, for a $140K gain over today's value.  Your new home is worth $1,680,000, or $280,000 more than when you bought it today.  Just like that, you've made an extra $140,000 on the trade!

3. You can likely buy a house you otherwise could not have afforded, and may not be able to afford again!

Going back to my example above, you probably couldn't have afforded that $2M house three years ago when you bought your condo.  You also may not be able to afford it again in 3 - 5 years when the market rebounds. If you've been dreaming about a bigger home or one in a nicer area, now is really the time to capitalize.

4. It's much easier to trade up in a down market than in an escalating market!

I've had clients say that they will trade up when the market "goes back up."  Let's take a close look at that.  Let's say that 5 years from now, the market is back up 20% from today's values.  You then sell your condo for $840,000 and your dream home is now worth $1,680,000.  You've gained $140K on your condo (from today's values) BUT your dream home is now worth $280,000 more!  That means that, by waiting, you've now spent an extra $140K to buy that house!

5. You'll probably get a better house by trading up in a down market!

The current market presents some very unique opportunities.  In most areas, inventory is pretty high and buyers have a lot of great choices.  By shopping in this market, you can really get the home of your dreams and take your pick of all the inventory available.  In most cases, you can get a good deal on a great property in a terrific area.

The bottom line is that if you can afford it, now is a terrific time to upgrade!  Interest rates remain at historic lows and there is plenty of financing available.

This information is from the blog of Daniel Dima Batsalkin of CA.

To view any of our homes or for more information contact ann @ 850-288-9638

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Sellstate Gulf Coast Realty, is a licensed real estate brokerage specializing in Foreclosures. We are a full service listing brokerage for banks, the VA, asset management companies, savings & loans, credit unions, MIP companies and other financial institutions that manage REO properties. We are also PRE-Foreclosure Specialists, trained Loss Mitigation Counselors. We are experienced in all pre-foreclosure options. We work directly for some of the largest lenders in the country to help homeowners get back on track. You will find a wealth of helpful real estate foreclosure and short sale information for home buyers and sellers in the Pensacola Beach, Gulf Breeze, Navarre and Destin areas. Before you buy a bank owned property on Pensacola Beach, Gulf Breeze, Navarre and other areas in Florida check out the latest market information on the Pensacola Beach Area on our website. Our real estate website is intended to supply you with the most recent real estate foreclosure and short sale information for Pensacola foreclosures,Gulf Breeze foreclosures, Navarre foreclosures, Destin foreclosures , Panama City foreclosures, and Orange Beach foreclosures, Alabama foreclosures and surrounding area homes for sale.  You will also find a vast amount of Pensacola short sales, Pensacola Beach Short Sales, Gulf Breeze Short sales, Destin short sales, Navarre Beach short sales and Alabama short sales. We feature a free real estate search that will allow you to search Florida Gulf Coast bank owned properties and short sales. Let an expert Florida Realtor® help you throughout the real estate buying or selling process within the Pensacola Beach area. BUYING A HOME? When there are a lot of homes for sale and it takes a long time to sell them, that's a "buyer's market." In most of the country, that's the current situation.Here in the Pensacola Beach area we are experiencing a buyer's market. Although it is a buyers market, finding the perfect foreclosure or short sale property in the Pensacola Beach or Destin area is easy on our website. Search our site to find golf course and gated communitie foreclosures, condo foreclosures, land foreclosures, vacation home foreclosures, investment property, etc., onPensacola Beach, Pensacola,Gulf Breeze, Navarre, Destin , Panama City, and Orange Beach , Alabama and surrounding areas in Florida. As always, if you have any questions about the Pensacola Beach real estate market, or finding that perfect home here in Florida, please let me know! SELLING A HOME? If you're thinking of selling your home on Pensacola Beach, Pensacola,Gulf Breeze, Navarre, Destin, Emerald Coast, Panama City, and Orange Beach , Alabama, or other surrounding communities, the first thing you should ask is "How much is my home worth?" If you would like to request a free (C.M.A.) Comparative Market Analysis of your Escambia County, Santa Rosa County, Baldwin County, or Walton County area home Contact Me today and we will be happy to give you more information about our services to sellers. In Foreclosure? Are you currently having troubles making your mortgage payments or feel that you may be likely to fall behind in your payments?Please contact me and I will help you weigh your options; and determine the best likely outcome for you in this stressful situation. You have many options and it is best to consult a Realtor® or an attorney before you make any decisions. I can help...Call me for an appointment to discuss the what your options are. Thank you for visiting http:/pensacolabeachwaterfronthomes.com - your Pensacola Beach foreclosure,Gulf Breeze foreclosure,Navarre foreclosure,Pace foreclosure,Crestview foreclosure,Panama City foreclosure,Ft.Walton Beach foreclosure, Destin foreclosure &Short Sale Information Source!Callor email me today at sellstaterealtor@gmail.com for information on your next real estate transaction.