Should you move up to a larger home? This is a question many Greenville home owners are asking.  The questions below will help you decide whether you're ready for a home that's larger or in a more desirablmove upe location. 

1. Have you built substantial equity in your current home? 

If you have owned your Greenville home for a number of years you might have built up some equity. Look at your annual mortgage statement or call your lender to determine your loan balance. Then give me a call to determine your home's market value. The difference between your loan amount and current market value is your equity. Get the market value of your Greenville home. 

2. Has your income or financial situation improved? 

If your income has increased, you may be able to afford a higher mortgage payment. 

3. Have you outgrown your neighborhood? 

Often, the neighborhood or location you buy your first home in may no longer suit your needs. You may want to be closer to work, be in a better school district or have a home on a lake rather than close to it. 

4. Are there reasons why you can't remodel or add on? 

Sometimes adding on to your current home is the answer. If you will end over-improving for the neighborhood, moving may be a better option. 

5. Are you comfortable moving in the current housing market? 

In the current real estate market, your Greenville home may not sell quickly for what it would have a few years ago, but the home you buy also less expensive. 

6. Are interest rates attractive?

A low rate not only helps you buy a larger home, but also makes it easier to find a buyer and interest rates are currently at record lows. 

If you answer yes to most of the questions, it's a sign that you may be ready to move. If so, please visit LizFreeman.com or LizFreemanHomes.com