Alright so there could be a ton of different reasons why someone wants to upgrade their next home.
- You're currently renting and you want to upgrade to actual homeownership
- Youre growing a family and you need extra bedrooms
- You want a bigger yard so you can entertain with a pool or have a dog
There are several different reasons why youd want to upgrade and I want to give you a couple of things to think about because there are a lot of people dreaming about upgrading to their next home right now.
Dreaming is a great first step!
The first step is when you see something on Facebook or Instagram and you think, wouldnt it be cool to live in this house? Next thing you know youre sitting on your coach and your spouse is scrolling through a website of houses and youre both getting excited looking at whats out there.
So obviously youre interested in this idea. Theres something about your current home that youre not 100% satisfied with that is driving your interest in upgrading. So now what does it look like to get serious about upgrading?
And if you get serious about it... does that mean youre committed to doing something?
Im here to tell you absolutely not, there's a lot of things you can do to get crystal clear about what it looks like to get to that next place.
The first thing I want to tell you to think about is... what do you really want?
Is it the bigger backyard?
Or is that bigger backyard conditional upon making sure that the house is upgraded as well, and your kitchen is upgraded to the nines, and your bathrooms are all renovated?
Or is it okay that your house is lesser than what you currently have, as long as you get that bigger backyard or that one acre property?
What are the conditions?
What do you truly want?
If you're having a hard time getting on the same page, a conversation with us will help provide you that clarity. We have a full questionnaire to walkthrough and we've done this over a thousand times. Weve guided people and buying partners together to find out what their true desires are, we help get everyone on the same page and to become crystal clear.
It's not always about an upgrade from that $500,000 1.5 or 2.5 or 3.5 million dollar home, sometimes it's just a fifty, or hundred-thousand-dollar upgrade, maybe its one garage to double door garage or it's going from a condo to a 3 bedroom townhouse.
Sometimes the little things are what make the biggest impact and biggest differences.
So lets get clear on what that is!
Step 2 is to take a look around at what it looks like to accomplish that goal. Is it a $700,000 house? Is that budget going to get you what you want based on what's on the market today? Is it a million-dollar or a 1.5 million?
So now we know what we truly want and what's out there right now and what potentially we have to get to in terms of purchase price to get what we really want.
Now we know what it will potentially cost.
Step 3 is to evaluate your current situation. So let's take a look!
- What is your current house worth?
- How much equity do you have after everything's all said and done?
- What are the net proceeds that are going to be in your pocket? So we can apply that to a buying scenario.
Once we apply that to a buying scenario and take a look at all the costs associated with buying real estate. Then we can find out what your monthly obligation will be to hold that upgraded home.
Does that fall in line with your financial goals?
Is that something you can afford to do?
This shocks people; how surprisingly affordable it is to upgrade to that next home.
But people don't have the tools to make it happen and it takes them a long time to figure out. And were all short on time right?
What if you were able to sit down with us for 60 minutes and we were able to take you through these exercises. In that moment we can give you the information you need to make a choice on whether or not this is possible or not?
That's pretty cool and that's pretty powerful!
Now all that you really have to do is decide, are you ready to upgrade?
Even if the answer is yes, if everything lines up and you get clear on what you want, and we see what's out there, and we know what it would cost to hit your goals, then we can evaluate your current situation and make sure that we can actually do this!
The conversation is, Do you want to do this or not?
And if the answer is yes, the best part is you're not obligated to actually go through with the buy or the sell!
You can start walking that path, you can start walking the journey towards upgrading and if things change in life; the nice thing is when you work with a team like ours we make sure that the journey is so easy and we put you on the right steps at the right time.
Step 1, step 2, step 3, youre not going out of order.
So you're not investing capital so to speak, youre just investing time into making good decisions. So what happens is, once you make that decision, we just take over for you and guide you through the rest of the journey because there's nothing else you really need to know but what you want.
All right so hopefully this is helpful. If you're looking at having a conversation... we call it a strategy call, just reach out to us, lets get on a Zoom call, no obligation, lets see if upgrading is in your future and let's see what that looks like!
All right guys thanks so much for your time and have a great day!