If I understand your question correctly, you wish to sell your home in Waterford Chase East and downsize to a smaller home in Saint Cloud. There are multiple questions that need answering and some research will be necessary to really respond acurately to your question. For example, do you have any equity in your Waterford Chase property or will the payoff of a mortgage combined with the expense of selling put you in a short sale situation? Are you needing a certain amount of equity out of the sale of your home in order to buy another?
The best advice for you is to seek the advice of a real estate professional who can provide you with the information necessary for you to make an informed decision. If I can be of service, please feel free to contact me anytime and I will be happy to talk with you.
Thank you for posting your question on Trulia.com.
Suzanne Ogden, Realtor
Exit Realty Central
If you do not have to sell at this time, you may want to look into the possibilities of renting your home out. Homes in gated communities tend to rent well so you may want to see if your rental income could cover your monthly expenses and provide you with an extra source of cash towards purchasing another home. If you need help evaluating these scenario,I can be of assistance. We could then evaluate the possiblilities of selling when the market improves. If you need assistance with property management and leasing, please give me a call. We provide these services in addition to buying/selling assistance.
hello, we live in a gated neighborhood in 32828, waterford chase east, and would like to downsize- is that ok in this market?
Your question intrigues me and I love all the answers. When you say is it OK, I can only ask is what is it exactly that you want to be ok with?
â€¢ Short selling you home?
â€¢ Selling your home for Top Value?
â€¢ Finding a home that meets your needs?
â€¢ Tax ramifications?
â€¢ Qualifying for a new mortgage?
Obviously, consultation is needed to plan for contingencies and scenarios that you and (your spouse?) are comfortable with. The choice of a realtor is yours. I have been a resident in 32828 for 10 years and an full time realtor for 9. I can assist you in your goals, if that is your desire.
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Yes it is, You will get less for your home but you will also pay less for the next one. The differential, however, will be smaller.
Hope that helps and let me know if I can do anything else for you.
The Waterford area is a well sought group of communities and have held property values better than most.
Please let me know if I can further assist you.
These are some considerations. If you would like to talk about this and get a good idea where you are in todays market. Give me a call and I can assist you, I have several points that can help with your choices
All the best,
ApexOne Realty, Inc
Lisa Hill, GRI
If interested please contact me.
One thing you will have to remember, is that it is a buyer market. You might come out even because you will loose a little when you sell but you will gain when you buy. I hope that makes sense to you. If I can assist please let me know.