Upsizing? Downsizing? This brief video discusses some of the basic issues of both situations.
First time buyers are typically upsizing from an apartment. Their challenges may include coming up with a downpayment or qualifying for a mortgage. More so than ever now, first time buyers are also factoring energy efficiency and lifestyle factors such as location close to recreation, shopping etc into their purchase decision. A good Realtor or good real estate website can help the upsizing first time home buyer with all these concerns or areas that require assistance. For example, First Weber.com allows buyers to search for points of interests around a property to help them see how close features of interest are located to a property. And any First Weber Group Realtor can put you in touch with a great Wisconsin mortgage lender to help with your loan.
Downsizing is typically the Baby Boomer or Empty Nester that either do not want or need as much space. They are looking for a smaller, more manageable space. They may also have concerns about capital gains or what to do with the proceeds of their sale. A good tax advisor is best for that, but a First Weber Realtor can help find the right home for the downsizer and help market the current home in the best way possible to achieve the best price. In some cases, senior services may be needed and First Weber has a Senior Service program if needed.
Please watch this brief video on upsizing and downsizing home buyers. We have additional videos at the First Weber Video Channel.
The Wisconsin real estate market did very well in 2012 and interest rates remain low. Whether you are upsizing or downsizing, it is a good time. See Wisconsin real estate for sale at firstweber.com or contact First Weber for assistance.
Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog.