Or are you going to let a potential market fluctuation lead you to sell your family’s home in order to benefit before a possible downturn?
Of course not.
Markets go up; markets come down. We’ve seen plenty of cycles time and time again and we’ll see many more as time progresses.
Consider these opportunities to grow both your investment portfolio and other assets. In market downturns, the best thing to do is to wait and observe. A great buying opportunity is just around the corner.
Take a look at the South Florida real estate market, for example. The market begin to change later in 2007, prior to the stock market crash of late 2008/early 2009. What ensued was one of the best buying opportunities ever to be capitalized upon later in 2010 and 2011. Properties were purchased at nearly half of what these are today available for on the market.
Tap into a home equity line of credit to purchase that investment property you’ve been eyeing.
I’m Mario Quintero, your realtor for life. Let me be your Miami, Florida realtor. Our office specializes in both residential and commercial real estate. Additionally, we help you secure conventional, jumbo, FHA and foreign national mortgage loans. We can also help your elderly parents secure a comfortable retirement with a reverse mortgage.
Want to learn more? Call me today at 305-598-1600.