Is it time to Move Up in Coronado?

Coronado Buyers wanting to move up-- You have to admit it is a fair question.   Are you ready to purchase your next Coranado home?

Admit it, you are sitting in your Coronado home watching all the news reports of all the great Real Estate deals and you are thinking to yourself --"Perhaps I can move up now".   You are talking about your financial health and no matter if you are a 1st time home buyer or someone moving up into their next home, it is a daunting decision. Here are a couple of indications that you are ready to purchase a Coranado home:

• Do you know the state of the Coronado Real Estate market?  What is happening in Coronado Village is very different than Coronado Cays.
• Have you suffient equity in your Coronado home?
• How many homes have sold in the community that you desire?
• Over the past 18 months have Coronado homes increased or decreased?
• Do you have sufficient funds to faciltate this transaction?  Things like a down payment, closing costs and moving expenses.  Oh and after closing, will you have a reserve of cash for those unexpected expenses?
• In today's Coronado Real Estate Market do you even qualify for a mortgage?

Just because you can afford the purchase of a Coronado home, does not necessarily mean that you should purchase a home or move up at this time in Coronado. So many home owners have gotten into trouble because they have not planned for the worst case. Once you own a home there are things to consider when owning a home. Don't forget a new home will have changes in what you pay in taxes, insurance and utilities. 

Call us today at (619) 806-7052 to discuss your Real Estate needs!