Here are three great ways to capitalize on this market and use your equity.
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If you’ve owned your home for about 20 years, the equity you have in it has probably grown immensely since you purchased it. Here are three things you can do to capitalize on that equity:
1. Maybe it’s time to sell your home. It’s a seller’s market here in Austin. Maybe there’s a home that you’ve had your eye on or you’ve wanted to move up? Now is the time to capitalize. Pull that equity out and go purchase that bigger home. Maybe you want to downsize, get a smaller place closer to downtown, and put some money in your pocket to enjoy the spoils of the appreciating Austin market.
2. Do some home improvements. It’s a great time to take that equity out and do some home improvements. Call me and we can talk about what those home improvements might look like. I want to get you a great return on investment
3. Buy a second house. Talk to me, and let’s figure out that dream place you want to be and the type of second home you want. We’ll pull that equity out and you can go make that a reality.
These are just three ideas that you can capitalize on with the equity in your home. There are definitely more options that I’m happy to talk with you about and let you know what you can do and how to best use that equity in your home. I look forward to talking with you soon.