Century 21 Beachside
You should talk to my lender, Nate Lindsey with Bankers Funding at (714) 394-0506. He is based outside Fashion Island. Let him know you are currently listed but considered taking it off the market to refi so he can get you the correct information.
Are you priced high according to comps because of the 2nd and what you need to get out of the property? Or is it just that you are not super motivated, but have room in the price?
I think you will know what you want to do when you have the facts in front of you.
When you no longer have an agent (contract), I would love to give you the market trends for your current condo and the type of home you want to move up into. Let me know if you need anything else.
I would ask a mortgage broker to run the numbers for me so that I could have it on paper to make a good decision (I have a great one if you need a contact). If you decide that you want to purchase a home now and sell the condo you will really have to sell at a good price to get the offers you are looking for. There are some good prices on homes in the area, lower than I have seen for years. You will generally make more money over the long haul with a home than you will in owning a condo and at some point you want to please yourself with a particular lifestyle, if you can afford it.
Best Wishes, and I would love to help if I can.
In a perfect world you would sale your house on the upswing and buy on the down but this isn't the stock market you still have to live some where. The best thing to do is look at the whole picture if you are able to sale lets say at 15k lower than you want but you can buy at 25K under what the seller of the SFR wants than you have come out ahead.
Refi and take advantage of the lower rates and then rent your condo out until the market changes in your favor - and buy while the market is down