{"id":9408,"date":"2017-03-08T21:55:59","date_gmt":"2017-03-09T05:55:59","guid":{"rendered":"http:\/\/www.simplicity-homes.com\/?p=9408"},"modified":"2020-12-28T11:00:28","modified_gmt":"2020-12-28T19:00:28","slug":"refinancing-makes-sense-doesnt","status":"publish","type":"post","link":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/","title":{"rendered":"When Refinancing Makes Sense, and When it Doesn\u2019t"},"content":{"rendered":"

If you are thinking about selling your old home and building a new home, but aren\u2019t sure if doing so is the right choice for you at this stage in life, consider this list of reasons to say goodbye to your current abode.<\/p>\n

1. You\u2019re Looking to Expand\"10<\/a><\/strong>
\nIf you\u2019re expanding your family, your current home may not be large enough to provide adequate space for you, your significant other and any children you may have. Expansion may also be necessary if you wish to add a guest bedroom, entertainment room or mother-in-law suite.<\/p>\n

2. Mortgage Rates Are Still Low<\/strong>
\nUnless you\u2019re planning on buying your new home in cash, understanding mortgage rates and how these rates may affect you is important. Currently, the average fixed mortgage rate <\/a>for a 30-year loan is just above four percent.<\/p>\n

3. Your Floor Plan Is Outdated<\/strong>
\nIf you have an older home, you probably have an outdated floor plan that doesn\u2019t make sense for your style or your stage in life. Common complaints include entry living rooms that hardly ever get used, cramped kitchen space and narrow halls and stairways. Open layouts \u2013 which were not popular more than a decade ago \u2013 are all the rage today.<\/p>\n

4. Maintenance Will Cost You<\/strong>
\nIf you have an older home, performing maintenance on that home may cost you a significant sum over the years. From plumbing to roofing fixes, new floors to new paint, buying a new home that\u2019s up-to-date and low maintenance will last for years to come may save you time, money and stress.<\/p>\n

5. Move Locations<\/strong>
\nTired of where you live? Sometimes we all just need a change. Building a new home allows you to purchase a lot – or even some acreage – in whatever location you choose!<\/p>\n

6. It\u2019s Time to Downsize<\/strong>
\nJust as some may need to upsize in order to create more space, others are looking to downsize. As you age, moving into a smaller home that requires less time and work to maintain may be ideal.<\/p>\n

7. You Can Make a Profit<\/strong>
\nDepending upon where you live, the size, and the value of your home, you may very well make a profit by selling. By selling, you can leverage the equity that you have acquired in your current home, and put that towards a down payment on a new home and come away with a very manageable mortgage.<\/p>\n

8. Demand Is High<\/strong>
\nIt\u2019s a great time to sell right now. The demand for buying homes is high in many areas of the country right now, meaning that if you want to sell, now may be the perfect opportunity to\u00a0build a new home in Oregon, Washington or Idaho. More demand means higher home value when selling.<\/p>\n

9. You Want to Upgrade<\/strong>
\nTired of carpet? Sick of linoleum? Interested in smart home features and brand new appliances, floors, and countertops? If you\u2019re ready for an upgrade, building a new home is where it\u2019s at. Building a new home may be more cost-efficient than remodeling your current home.<\/p>\n

10. Health or Age Dictates a Change<\/strong>
\nAs you age, or if you develop any health conditions, you may need to move into a new home for a variety of reasons, ranging from proximity to hospitals or health centers to the ease of one-story living.<\/p>\n

\n

Why buy new?<\/strong><\/p>\n

These are just a few of the great reasons why it may be the perfect time to build a new Simplicity home. If you\u2019re ready to build, our home building experts at\u00a0Simplicity can help!<\/p>\n","protected":false},"excerpt":{"rendered":"

If you are thinking about selling your old home and building a new home, but aren\u2019t sure if doing so is the right choice for you at this…<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29,14],"tags":[],"class_list":["post-9408","post","type-post","status-publish","format-standard","hentry","category-financing","category-home-maintenance"],"acf":[],"yoast_head":"\nWhen Refinancing Makes Sense, and When it Doesn\u2019t - Simplicity Homes Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When Refinancing Makes Sense, and When it Doesn\u2019t - Simplicity Homes Blog\" \/>\n<meta property=\"og:description\" content=\"If you are thinking about selling your old home and building a new home, but aren\u2019t sure if doing so is the right choice for you at this...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/\" \/>\n<meta property=\"og:site_name\" content=\"Simplicity Homes Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-09T05:55:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-28T19:00:28+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/\",\"url\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/\",\"name\":\"When Refinancing Makes Sense, and When it Doesn\u2019t - Simplicity Homes Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/s3-us-west-2.amazonaws.com\/hayden-homes.com.wordpress.or\/wp-content\/uploads\/2017\/03\/Interior-for-Blog-300x200.jpg\",\"datePublished\":\"2017-03-09T05:55:59+00:00\",\"dateModified\":\"2020-12-28T19:00:28+00:00\",\"author\":{\"@id\":\"\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#primaryimage\",\"url\":\"https:\/\/s3-us-west-2.amazonaws.com\/hayden-homes.com.wordpress.or\/wp-content\/uploads\/2017\/03\/Interior-for-Blog-300x200.jpg\",\"contentUrl\":\"https:\/\/s3-us-west-2.amazonaws.com\/hayden-homes.com.wordpress.or\/wp-content\/uploads\/2017\/03\/Interior-for-Blog-300x200.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.simplicity-homes.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"When Refinancing Makes Sense, and When it Doesn\u2019t\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.simplicity-homes.com\/blog\/#website\",\"url\":\"https:\/\/www.simplicity-homes.com\/blog\/\",\"name\":\"Simplicity Homes Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.simplicity-homes.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"\",\"url\":\"https:\/\/www.simplicity-homes.com\/blog\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"When Refinancing Makes Sense, and When it Doesn\u2019t - Simplicity Homes Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/","og_locale":"en_US","og_type":"article","og_title":"When Refinancing Makes Sense, and When it Doesn\u2019t - Simplicity Homes Blog","og_description":"If you are thinking about selling your old home and building a new home, but aren\u2019t sure if doing so is the right choice for you at this...","og_url":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/","og_site_name":"Simplicity Homes Blog","article_published_time":"2017-03-09T05:55:59+00:00","article_modified_time":"2020-12-28T19:00:28+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/","url":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/","name":"When Refinancing Makes Sense, and When it Doesn\u2019t - Simplicity Homes Blog","isPartOf":{"@id":"https:\/\/www.simplicity-homes.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#primaryimage"},"image":{"@id":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#primaryimage"},"thumbnailUrl":"https:\/\/s3-us-west-2.amazonaws.com\/hayden-homes.com.wordpress.or\/wp-content\/uploads\/2017\/03\/Interior-for-Blog-300x200.jpg","datePublished":"2017-03-09T05:55:59+00:00","dateModified":"2020-12-28T19:00:28+00:00","author":{"@id":""},"breadcrumb":{"@id":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#primaryimage","url":"https:\/\/s3-us-west-2.amazonaws.com\/hayden-homes.com.wordpress.or\/wp-content\/uploads\/2017\/03\/Interior-for-Blog-300x200.jpg","contentUrl":"https:\/\/s3-us-west-2.amazonaws.com\/hayden-homes.com.wordpress.or\/wp-content\/uploads\/2017\/03\/Interior-for-Blog-300x200.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.simplicity-homes.com\/blog\/2017\/03\/08\/refinancing-makes-sense-doesnt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.simplicity-homes.com\/blog\/"},{"@type":"ListItem","position":2,"name":"When Refinancing Makes Sense, and When it Doesn\u2019t"}]},{"@type":"WebSite","@id":"https:\/\/www.simplicity-homes.com\/blog\/#website","url":"https:\/\/www.simplicity-homes.com\/blog\/","name":"Simplicity Homes Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.simplicity-homes.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"","url":"https:\/\/www.simplicity-homes.com\/blog\/author\/"}]}},"fimg_url":false,"_links":{"self":[{"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/posts\/9408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/comments?post=9408"}],"version-history":[{"count":3,"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/posts\/9408\/revisions"}],"predecessor-version":[{"id":19492,"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/posts\/9408\/revisions\/19492"}],"wp:attachment":[{"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/media?parent=9408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/categories?post=9408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.simplicity-homes.com\/blog\/wp-json\/wp\/v2\/tags?post=9408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}