Episode #249 - The Equity Show - How to Get Off Your Assets and Move Up

Published: Jan. 29, 2022, 8 p.m.

b'

What are you doing with the equity you\\u2019re sitting on?\\xa0 Unfortunately, some folks have no equity to sit on because their clueless \\u2018Uncle Joe\\u2019 told them to wait for prices to drop, but that won\\u2019t be happening.

On this episode of Open House, Reba and Eric examine the wide variety of changes to the housing market over the past few years, along with the factors driving people to sell their investment property in the greater Seattle area (principally city ordinances pressuring landlords and the relentless drive towards rent control.)\\xa0

So if you\\u2019re looking to cash in on your property and get out of Dodge, how exactly do you best tap into your equity?\\xa0 Reba and Eric offer you a number of questions to consider and factors to account for, such as:

  • Does it make sense to buy a new home before you sell your old one?
  • Is it better to sell your old home first before buying?
  • Should you consider buying contingent?
  • Would renting out your old home while buying a new one make the most sense?
  • What is your tolerance for change?

Additionally, Eric elaborates on lending options that could offer you the key to getting the most out of your equity in your present set of circumstances.\\xa0

So tune out Uncle Joe, get off your assets, and give a listen to this episode of Open House with Team Reba.\\xa0 Your equity will thank you.

\\xa0

Support the show'