Does Moving Up Make or Downsizing Sense?-What’s My Macomb County Home Worth? - Rick Giese

CHESTERFIELD TWP, Mich. - Sept. 15, 2014 - PRLog -- Rick Giese associate broker with RE/MAX Advisors  here bringing you the latest on Real Estate in Macomb County Michigan. Thank you for joining me. What’s my Southeastern Michigan home or condo worth? Call Rick today at 586-242-3100 or log on to http://www.mymihomevalue.com for your free estimate.

Today let’s talk about Does Moving Up Make Sense?

These questions will help you decide whether you’re ready for a Macomb County Michigan (https://www.facebook.com/macombpropertytrends)  home that’s larger or in a more desirable location. If you answer yes to most of the questions, it’s a sign that you may be ready move to a bigger home or downsize into something more manageable.

Have you built substantial equity in your current home? Look at your annual mortgage statement or call your lender to find out. Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.

Has your income or financial situation improved? If you’re making more money, you may be able to afford higher mortgage payments and cover the costs of moving.

Have you outgrown your neighborhood? The neighborhood you pick for your first home might not be the same neighborhood you want to settle down in for good. For example, you may have realized that you’d like to be closer to your job or live in a better school district.

Are there reasons why you can’t remodel or add on? Sometimes you can create a bigger home by adding a new room or building up. But if your property isn’t large enough, your municipality doesn’t allow it, or you’re simply not interested in remodeling, then moving to a bigger home may be your best option.

Are you comfortable moving in the current housing market? If your market is hot, your home may sell quickly and for top dollar, but the home you buy also will be more expensive. If your market is slow, finding a buyer may take longer, but you’ll have more selection and better pricing as you seek your new home.

Are interest rates attractive? A low rate not only helps you buy a larger home, but also makes it easier to find a buyer

Not all real estate agents are created equal. Do yourself a favor and make sure you hire the right agent the first time around or you may still be sitting in your house months from now.

Call Rick Giese associate broker at RE/MAX Advisors, also licensed Valuation Specialist in the State of Michigan. You can reach Rick at 586-242-3100 or rick@rickgiese.com

Please contact me Rick Giese via phone at 586-242-3100 or email at rick@rickgiese.com if you have any further inquiries. I would be happy to help you sell your Macomb County property for top dollar, without hassle.

Want to know today's present market value of your home or condominium? Check out our online CMA site at www.MyMIHomeValue.com

Consistently ranked as one of Southeastern Michigan's associate brokers of Seniors Real Estate Help, Equity Sales and Short Sales. Rick Giese has over 27 years of Real Estate experience and is one of the areas Rick has a strong focus on assisting homeowners in need, Rick Giese offers a straightforward no nonsense consultation designed to give you all the information and facts to enable you to make the best decision for you and your family. As every situation is different, Rick offers his insight and knowledge of the real estate transaction process and all the options available to you to get the most money the market will pay or to help you avoid foreclosure. Call Rick Giese today at toll free 1-800-274-5656 or your free consultation of your situation and sleep better tonight