Maximize Your Investments

Maximize Your Home’s Value

Does one of these scenarios fit your situation?

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Austin, TX Mastermind News

Maximize Your Home’s Value

Does one of these scenarios fit your situation?

Your home is outdated for what’s happening in your neighborhood and you don’t have the money to update it to maximize your profit on the asset

You need to sell your home because you need to move into an assisted living community or a nursing home and you need to maximize your profits on your asset

You have inherited a home that is very outdated for the neighborhood and you don’t have the money to fix it up to maximize your profit on the asset

You want to downsize yet you need more money from your asset to purchase a new home and still have a sizable nest egg for your living expenses and you don’t have the money to update it to maximize your profit on the asset

You are about to lose your home to foreclosure, you have greater than 35% equity in your home yet your home will not sell in the neighborhood because it is outdated

You may have lived in your home for a number of years and financially just were not able to update your home as time marched on. The neighborhood is changing and people are remodeling homes in the neighborhood or builders are buying homes to scrape and build new homes on the land. These new and updated properties are bringing a lot more profit to the owners as they are selling for more money. However, you are not financially able to update your home to maximize your profits.

Pride of Austin Homes would like to visit with you and give you an honest assessment of what can be done to maximize your profits. In essence Pride of Austin Homes would use their line of credit to remodel or add-on to your home for the purpose of preparing the property to sell for maximum profits.

Here is an example of how this might work:

Let’s say that ‘as is’ your home might appraise for $200,000 yet updated homes and new homes in your neighborhood are selling for $800,000 or more. Yet in order for you to maximize your profit on your asset you’d need $350,000 to enlarge and update your home. Pride of Austin Homes would use their line of credit to do this work for you and prepare the home for sale. You would enter into a contract to split the profit with Pride of Austin Homes once the home sells.

Let’s say that the home sold for $800,000. The first $200,000 would go to you (the basis of the project). The next $350,000 would go back to Pride of Austin Homes for the improvements to the property. The difference of $250,000 would be split equally between you and Pride of Austin Homes.
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