Did You Buy A House In 2010... You May Want to Trade Up
Did you buy a house in 2010... Property values have been increasing all across the Nation, obvious signs of economic recovery are being seen everywhere, but where is your home's value now?
Napa Valley has seen an increase in values near peak highs the only difference is that interest rates are far lower. 2-3% lower than what they were during the height of the market. What does that mean?
Did you you buy a house in 2010... or 2011, 2012 for around $250,000 for 3.5-4% in Napa CA. well now that home may be worth $500,000 -$575,000 and interest rates are back at 3.75%
Not that I got your attention what are your options:
1. Re-fiance your home and remove that FHA mortgage insurance
2. Get a home equity loan to do those renovation improvements you've been dreaming about
3. Put your home on the market and trade up in size or location
4. Take the equity in your home and purchase an investment property
Basically you have a lot of options and options are what you want to have plenty of. You made your first wise decision which was to buy a house. If you are curious about your homes value and what your options really are, don't hesitate to call Jerry or I we'd be more than happy to meet with you.
Napa Valley Realtors Jerry Lampe and Giselle Lampe 707-258-5200 Coldwell Banker Brokers of the Valley
HOME EVALUATION
Napa Valley has seen an increase in values near peak highs the only difference is that interest rates are far lower. 2-3% lower than what they were during the height of the market. What does that mean?
Did you you buy a house in 2010... or 2011, 2012 for around $250,000 for 3.5-4% in Napa CA. well now that home may be worth $500,000 -$575,000 and interest rates are back at 3.75%
Not that I got your attention what are your options:
1. Re-fiance your home and remove that FHA mortgage insurance
2. Get a home equity loan to do those renovation improvements you've been dreaming about
3. Put your home on the market and trade up in size or location
4. Take the equity in your home and purchase an investment property
Basically you have a lot of options and options are what you want to have plenty of. You made your first wise decision which was to buy a house. If you are curious about your homes value and what your options really are, don't hesitate to call Jerry or I we'd be more than happy to meet with you.
Napa Valley Realtors Jerry Lampe and Giselle Lampe 707-258-5200 Coldwell Banker Brokers of the Valley
HOME EVALUATION
Cal BRE # 01996450 / 01885132
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