Your golden ticket might be closer than you think—right in your home equity! Learn how to leverage this valuable asset to make your next move smoother and more affordable.

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If you want to sell your home but don't know how you can afford to get into another one, check your pocket for a golden ticket! So what is the golden ticket? As a homeowner, your golden ticket is YOUR HOME… and no, it’s not in your pocket, at least not in a literal sense.

Discover How Your Home Equity Can Be Your Key to Affording Your Next Dream Home

What I’m talking about is your home EQUITY. You may ask, “What is equity?” Equity is built over time as you pay down your home loan and your home values rise. In fact, your equity can grow faster than you realize. Most homeowners in the United States are sitting on a tremendous amount of equity. Some because their mortgage is completely paid off and many homeowners have at least 50% in equity.

According to CoreLogic, the average homeowner with a mortgage has $298,000 built up in equity. Most of you homeowners have more equity built up than you’re aware of, and that equity can be your golden ticket to your next move.

Now, everyone's equity is different and based on multiple factors, but I’ve got 3 quick questions that can help you determine if your equity is strong. I’ll get back to that though.

What Can You Do With This Much Equity?

For starters, if you’re planning a move, once you sell, you can use it for a larger down payment on your next home. This means you are borrowing less from the bank, which results in a lower monthly mortgage payment than the buyer going in with the minimum down.

In some instances, you may have enough built up to pay all cash on your next purchase. It just depends on your situation.

So again, having equity in your home can make your move possible when affordability is tight. Another way to use that golden ticket is to buy down your interest rate, which could mean having a similar monthly mortgage note, but getting more home, a newer home, or a better location out of the deal. Whatever your motivation to move is, this can help you get there faster than you thought.

See! There are plenty of options that you may not be aware of, and if you want to know the 3 questions that help determine if you’ve got a golden ticket of equity—DM me! I’ll also get you a home valuation on your property to see what it could sell for. This way, you can see how much equity you may have and also the current market stats in your area.

As an experienced real estate agent serving the far north suburbs of Houston, Texas, I specialize in helping clients sell their homes, downsize, or find larger homes to accommodate their growing needs. I provide tailored services in the Spring TX, The Woodlands TX, Conroe TX, Montgomery TX, Magnolia TX, Tomball TX, and Cypress TX areas. Services I provide: Real Estate Agent for Sellers, Home Selling Services, Downsizing Specialist, Buy a Bigger Home, Real Estate Listings, Property for Sale, Real Estate Services, First-Time Homebuyer Assistance, Luxury Home Realtor, Investment Properties Spring TX, Relocation Services The Woodlands TX, New Construction Homes Conroe TX. Service Areas: Spring TX Real Estate, The Woodlands TX Homes for Sale, Conroe TX Properties, Montgomery TX Real Estate Agent, Magnolia TX Realtor, Tomball TX Homes, Cypress TX Real Estate Listings, The Woodlands TX, Alden Bridge, Panther Creek Real Estate, Harper’s Landing Listings. Community and Lifestyle: Family-Friendly Neighborhoods Magnolia TX, Best Schools in Montgomery TX, Gated Communities Tomball TX, Waterfront Homes Cypress TX, Active Adult Communities The Woodlands TX. I also work with the following: Sellers, Downsizers, and Buyers Looking for Bigger Homes, Sell Your Home Spring TX, Downsizing Expert, Upgrade to a Bigger Home Conroe TX, Montgomery TX Home Seller, Magnolia TX Real Estate for Downsizers, Tomball TX Larger Homes, Buy a Bigger House Cypress TX, Gleannloch Farms Realtor, Creekside Park Homes for Sale.

Jessica Musto | Realm Real Estate | 24445 Tomball Parkway, 100 | Tomball, TX 77375 | 832-777-5312