Don’t skip this part! 
If you’re a homeowner but feel like you can’t make the move to a new home because affordability is tight, you need to hear this.
When you sell your home, you get all the equity you’ve built in the property back in your pocket after closing costs.
That can give you a lot of cash to work with when it comes to buying your next home! 
Here’s how:
Using equity to buy your next home: With the money in your pocket from selling your home, you can make a substantial down payment on your next property. This can translate to a lower monthly payment and make your new home way more affordable!
Lowering your interest rate: A large down payment from your home’s equity can help lenders get you a lower interest rate on your next mortgage, which decreases the amount you pay each month and will save you thousands! 
Covering moving and reno expenses: With a little extra cash from equity, you can more easily cover those annoying moving expenses. If your new home needs a little TLC, you can use your equity there too!
At the end of the day, your current home’s equity boosts your purchasing power and financial flexibility, which can enable you to buy a new home even in a tight market.
