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Margaret Kapranos September 2021 Newsletter

 
 
Marin Market Update
 

AUGUST MARKET SNAP-SHOT

If you would like to receive a customized monthly email market update for your town or community click here and name the town

 
GET READY CAPITAL
 

Get Ready Capital

Get Ready Capital is our unique program that allows you to get your home ready for the market and maximize your return on investment with no upfront costs. Unlike other programs out there, ours also allows you to select the vendors of your choice and provides more flexibility in how the presale funds are utilized. This value-added service provided by your Berkshire Hathaway HomeServices Realtor® is designed to help you sell faster and for more! 

 
SHOULD WE RENT OR BUY?
 

Rent or Buy?

Should we rent or buy?" is a question every would-be 1st Time Homebuyer asks.

Recently Mark Fleming, chief economist at First American Research, wrote: "One of the most amazing stats that I've come across is measuring the benefits of wealth creation of homeownership. A house is a leveraged asset. Say you buy with 5 percent down, that’s effectively a 20-to-1 leverage ratio.

Most Wall Street banks would die to do 20-to-1 leverage ratios. If your home goes up by 5 percent, you've doubled your money, a 100% gain. In the 2019 survey of consumer finances, the median homeowner had 40 times the household wealth of a renter, that's $255,000 for the owner, compared to only $6,000 for the renter. Homeownership is one of the best sources of wealth creation.

 
A NEW USE FOR CREDIT CARD POINTS
 

Credit Card Points

First-time buyers have a new way to spend credit card points. According to Fannie Mae's August 4 seller letter, credit card reward points are now eligible assets for down payments, closing costs, and financial reserves, as long as they are converted to cash.

 
 
DOWN PAYMENT RESOURCE
 

Click the photo to see if your eligible for downpayment money.

 
WHAT'S YOUR HOME WORTH?
 

Every home is unique. Get an estimate of your home's value based on sales price history, local trends and other neighborhood data.  Berkshire Hathaway HomeServices offers home pricing data used by major U.S. lenders. Leverage out tool's extensive database to get an estimate of a home's value. For the most accurate home valuation, contact Margaret Kapranos for a complimentary assessment. 

 
Senior Living at Hamilton
 

NOW OPEN

The iconic Hamilton Hospital, a distinguished national heritage landmark of Spanish revival architecture, has been stylishly reimagined into a relaxed luxury Assisted Living and Memory Support Community serving Marin County families.  

 

STAY INFORMED

Check out this site for information on community care facilities near you.”

 
Margaret Kapranos
Your Financial Realtor, Senior Real Estate Specialist, DRE #01383378
margaret.kapranos@bhhsdrysdale.com
415.608.5070
www.MargaretKapranos.com
 
 
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DRE#: 01383378
1450 Grant Avenue Suite 103 Novato, CA 94945

©2024 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation. Equal Housing Opportunity.