My family (myself, wife and toddler) will be relocating to Tampa from Orlando Suburbs this summer for my wife's job, which will be in Carrollwood. I'm wondering if there is anyone on here familiar with the real estate market there that is willing to provide an opinion on a couple things.
First I'm trying to figure out how the financially savvy move is, vs the most practical. As I see it there are a few options:
If anyone has any opinions on which approach or some advice on where we should look to live (or not live) within about 20 min from Carrollwood area I'd very much appreciate anyone's insight And if not just tell me to kick rocks, I won't be offended.
First I'm trying to figure out how the financially savvy move is, vs the most practical. As I see it there are a few options:
- Sell current home and buy a house right away (Don't know the area that well so not sure where we'd want to live, and home prices seem even more inflated than Orlando so even with the equity in my current home we will likely need to downsize or really stretch the budget.)
- Rent current home and use Home Equity Loan to buy a small Townhouse or condo until we figure out where we want to live. Then sell house and rent out the townhouse/condo once we find a more long term house.
- Sell current home and buy a small townhouse, save up for a couple years with a smaller mortgage and leftover cash from the sale. Rent or sell townhouse/condo once we find a longer term house
If anyone has any opinions on which approach or some advice on where we should look to live (or not live) within about 20 min from Carrollwood area I'd very much appreciate anyone's insight And if not just tell me to kick rocks, I won't be offended.