Should Your Home Sell For More?

Are you thinking of selling your home and wondering what kind of return you might see? Today, we're diving into real data, comparing recent sales to original purchase prices for various Ukiah properties. Market Insights: This isn't a one-size-fits-all analysis. Here are some examples from the last 3 months: Lockwood Drive: Purchased in 2005 for $300,000, foreclosed on in 2022 for $333,000, and recently sold for $230,000. This case highlights the impact of foreclosure on property value. Yos Drive: Bought in 1996 for $170,000, this multi-unit property recently sold for an impressive $535,000! Success Stories and Missed Opportunities: Oakmanor Drive: Purchased for $198,000 in 2011, this home saw significant appreciation, selling for $485,000 in 2021. However, the subsequent owner may not have maximized profit, selling in 2024 for $499,000. Washo Drive: This property demonstrates smart investment. Bought for $127,000, it recently sold for a significant gain at $480,000. A Cautionary Tale: Booneville Road: This large property (3,800 sq ft) had a rollercoaster ride. Purchased in 2003 for $636,000, it sold for $1.6 million in 2007, then dropped to $619,000 in 2012. Finally, it sold in 2024 for $1.1 million after a lengthy listing period. Deerwood Anomaly: This property serves as a reminder of market fluctuations. Sold for $325,000 in 2021, it recently dropped drastically to $87,500 in 2024. The Takeaway: While real estate can be a great investment, market conditions, and individual circumstances can affect returns. Ready to Unlock Your Ukiah Home's Potential? Get a free automated valuation of your property below! Want to Learn More? Market Updates Videos: Explore market trends and insights on my YouTube channel (link below). FREE Guide to Unlocking Ukiah: Discover valuable resources to navigate the Ukiah market (link below). Thinking of Buying or Selling? Let's connect! Visit my website (link below) to get started. See you next time!   Links: Free Home Valuation: [link to free home valuation tool] Market Updates Videos: https://www.youtube.com/playlist?list=PL6LH-BGuv0J6uS9xw9VeHresKzrP5UNrN FREE Guide to Unlocking Ukiah:https://kasie.realtor/unlockingukiah Kasie Gray Realtor: https://kasie.realtor

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Bridge Loans: The Key to Buying Before Selling Your Current Home | Expert Advice from Mauricio Martinez, Mortgage Broker

Bridge Loans: The Key to Buying Before Selling Your Current Home   Thinking of upgrading your home but worried about the hassle of selling your current one first? A bridge loan might be the perfect solution! What is a Bridge Loan? A bridge loan is a short-term financing option designed to help homeowners like you purchase a new home before selling their existing one. It essentially "bridges the gap" between your current mortgage and the down payment for your new home. Benefits of Bridge Loans: Make a Strong Offer: Eliminate the need for home sale contingencies in your new home offer, making it more attractive to sellers in a competitive market. Unlock Your Home's Equity: Use the equity built up in your current home to cover the down payment on your new home purchase. Move at Your Own Pace: Enjoy the flexibility to close on your new home and move in at your convenience, with ample time (typically 90 days) to sell your current property. How Does a Bridge Loan Work? (In 3 Easy Steps) Equity Evaluation: We'll assess your current home's value to determine the amount of equity you can leverage for your new home purchase. Strong Offer, No Contingency: With the bridge loan in place, you can confidently submit a competitive offer on your dream home without a home sale contingency. Move-In and Sell: Close on your new home and move in on your schedule. You'll then have up to 90 days to find a buyer for your current property. Costs and Considerations: Bridge loans typically come with a one-time fee of around 2.4% of your home's sale price. It's important to note that bridge loan terms and conditions can vary between lenders. Qualifying for a Bridge Loan: The minimum FICO score required for our bridge loan program is 620. Ready to Learn More? If you have any questions about bridge loans or our other lending services, contact Intention Financial Group today! We specialize in helping homebuyers, from first-timers to experienced investors, achieve their real estate goals. Contact Information: Connect with Mauricio Martinez: https://www.instagram.com/mumansky18/?hl=en Learn more about mortgage options: https://linktr.ee/mortgagebytony Looking for a professional realtor? https://kasie.realtor/ Don't wait! Whether you're thinking about buying a house in the next year or five, getting pre-approved with a lender is a smart first step. It allows you to determine your budget and create a plan to achieve your homeownership dreams. I'm here to help! Feel free to reach out if you have any questions or want more information about the bridge loan program. Thanks for reading! MORE VIDEOS RELATED! Check out more helpful videos on our Youtube channel: https://www.youtube.com/user/YouTube/playlists  

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Unlocking the Secrets to Understanding Your Home's Value: A Comprehensive Guide

  Have you ever wondered what the various factors are that influence your home's value? Well, I'm about to tell you, so stay tuned. Hi, my name is Kasie Gray. I'm a realtor, and a broker associate, and I love helping people love where they live. One of my favorite things to do is to help first-time home sellers find their dream home because we all know that the first one is not always the last. But if you're wondering what your house is worth and why it's worth that, I'm about to dive into eight different things that affect your home's value, and some things you can change, and some you can't. Number one is the proximity to amenities, schools, and transportation. So if you are close to the freeway, if you are close to certain schools, and if you are close to certain amenities or recreational options, it can affect your home positively and negatively. Next up is the square footage and the number of bedrooms and bathrooms. It is very important to people to have dedicated bedrooms and/or office spaces. Square footage is huge, and we can go into a price per square foot to help us understand what the market value is. And then bathrooms are a big one. I refuse to live in a house with fewer than two bathrooms. So if you have one bathroom or six bathrooms, it could largely affect the value of your home. Number three is age and condition. If your home is older but has been well-maintained, and/or if your home is brand new but was not built well, that plays a big factor in marketability. Number four is the recent home sales in your area, and for the Ukiah area, it is very unique. We can have a two-bedroom house next to a million-dollar house, and having an agent who understands the market the area and the recent sales is very helpful to be able to price your home properly so that you can get it sold. Number five, the current state of the local property market. Are homes selling in your area? Is there an industry moving in? Are there people moving north? What is happening in your specific area, and how does that affect your home's value? Number six is special features, home upgrades, the construction quality, as I mentioned earlier. Condition is a huge part that goes into it, so what type of condition are those special features in, and how well were they constructed? That will play a large part in what your house is worth. Number seven is local factors such as employment and overall economic health. It is super important to keep in mind. You know if the rest of the town isn't doing so well, your home value is probably not going to do so well. So that's why it's super important to pay attention to what's going on in local politics especially if you're a homeowner because that will directly affect what your house is worth. Number eight is the number of homes available versus the number of buyers that are out there. Right now, we have really low inventory, so if a new home comes on the market and it is priced well in good condition, and ready to sell, chances are it's going to go pretty quick. So it's important to, like I said earlier, have an agent that keeps a pulse on those stats and can market your home properly to get it sold. And if you think a good realtor is expensive, you should find out how much a bad one will cost you because they won't know any of that. So if you want to know what your home is worth in today's market, I will leave a link down below. All you have to do is pop your address in and boom, in your inbox, will be your home's value. I'll call you up to get some more details, and then I'll send you a comprehensive market analysis, and we can go over your specific home and property and what it's worth in today's market and also when you're ready to sell and what to do to get there. If you have any questions at all, I am always here for your real estate needs! LINKS YOU SHOULD VISIT: 1. Unlock the secrets to your home's value! Click here for a personalized assessment. 2. Stay ahead in the market with real-time insights: https://kasie.realtor/snapshot 3. Ready to find your dream home? Register for our free home buyer guide at https://kasie.realtor/buying-a-home

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