Retirement is on the horizon, and you're likely dreaming of a life filled with freedom and financial security. But have you considered the untapped wealth residing within your own home?
Home values have surged in recent years, significantly boosting your net worth. According to the Federal Housing Finance Agency (FHFA), home prices have increased by nearly 60% in the last five years alone. This appreciation translates to substantial equity, a valuable asset that can significantly enhance your retirement lifestyle.
Why Downsizing Might Be the Right Move for You
Selling your current home and downsizing to a smaller property or relocating to a more affordable area can unlock this hidden equity. Here's how:
The First Step Towards Your Next Chapter
Ready to explore your downsizing options? Partnering with a qualified real estate agent is crucial. Your agent will:
(Reach out to us if you need assistance in finding a top-notch Realtor in your area.
Embrace a New Chapter in 2025
If you're planning to retire in 2025, now is the ideal time to explore downsizing and unlock the equity you've built in your home. By strategically leveraging your home's value, you can pave the way for a comfortable and fulfilling retirement.
Branch NMLS: 2289
Licensed by the State of PA
Equal Housing Lender
Not everyone will qualify to buy a home. Mortgage interest rates, loan programs, credit standards and guidelines change frequently. Call us for more information and to discuss your plans in more detail: 717-431-9299.
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