Create Your Dream Home and Put Money In Your Pocket

Phoenix, AZ - Everyone can relate to the constant search for the home they have created in their heads. Many of us can also relate to the effort and commitment it takes to finding that dream home. If I could offer a sound piece of advice it would be that a dream home is better created than located. The most important reason for this is the instant equity that’s added to your home once it’s enhanced to your liking.

Many of my clients are pleased at the idea of finding the home of their dreams, however once they inhabit their new home their desires become more detailed and they see things they would like changed or added. After making this observation, I continue to look for houses most suited to their needs, but also those that can be “transformed” into exactly what they want.

Increasing the value of your home is just as important as bargaining for a good selling price. At a time when homes are available at .60 on the dollar, value is a new discussion. Purchasing a home at the “right” price and upgrading it to your liking allows for an opportunity to gain a great deal on a house, as well as creating invaluable equity in the home. By initiating improvements to the home you are not only satisfying your appetite for your dream home but you are also creating a larger gap between the current value of your home and the balance of all financial obligations pertaining to the house. This created equity can be a nest egg that offers itself to other financial endeavors and instant money in the bank. As tempting as it may be to purchase a ready made home, there are advantages in purchasing a home that can be molded into your very own. In our current market labor and upgrades are extremely inexpensive.

It is important to make wise additions to the home. It can be said that all improvements add equity to your home, however, there are a few that are more advantageous than others. For instance, it will offer more value to your home to focus on the kitchen by upgrading the appliances or installing tile showers in the bathrooms rather than the addition of a pool or Jacuzzi. While the value of a luxury pool and Jacuzzi doesn’t offer much addition to equity, the outside venture of repainting or restaining a porch or deck is beneficial. Another great equity builder would be to upgrade the bedroom closets. These ventures solidify an increase in equity, as well as your satisfaction with the purchase.

There is importance and great value in creating equity and constantly finding new ways to increase the equity in your home. Home improvements are one way of making your home work for you by gaining profit. Some other ways of building additional equity in your home would be a higher initial down payment, extra principle payments and shorter mortgage terms.

Simply put, the increasing of equity in your home is one of the easiest and most successful paths to wealth that is available. It’s almost too easy! The value of your home is rising due to your improvements. As you continue to lower your mortgage by making your payments your nest egg is growing. Almost instantly you have turned your dream home into an asset you can use for future purposeful activities that can afford you the pleasures of increasing your bank account.

Tanya Marchiol, the founder and president of TEAM Investments, has proven herself adept in the real estate and investment arena. Tanya teaches her clients how to generate, grow, and maintain wealth even during economic downturns. She offers tailored guidance based on 12 years of experience and the individual client’s needs. With a presence in all 50 states her ability to connect with and reach a wide range of individuals is evident in her client roster, from professional athletes to young professionals; from Phoenix to Atlanta. For more information, visit http://www.TEAMinvestmentsinc.com.