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This is why!!

Congratulations Israel, Irma, and girls!!!🎉Seeing the kids and dogs 🐕enjoy this home reassured me real estate is about the people. All of us at RE/MAX Realty Plus are grateful 👏🏻 for the opportunity to work with and for you! It’s been so fun getting to know you and we look forward to staying in close touch. Thank you for choosing us!

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Grateful and Excited!!

I stay up late and work, not because I have to, but because I want to.  Every day I go into the classroom, and I teach and preach.  I encourage my students to work for a CAREER where they’re excited to go to work.  Currently, I’m working to model that both in education and beyond.

Tomorrow we get to put in our final game plans for round 2 of the playoffs.  I also get to put a sign in the yard of a property that will be a life- changer for some family.  To top that off, we get to finalize the date to close on a property for a family who has overcame numerous hurdles and had the grit to push through.  Nobody has made it easy, yet the work put in has made it possible!

When I chose real estate as another career, the rationale was for service.  Already, I’m grateful I’ve been able to serve amazing families.  No matter what happens in my careers, God has put me here to serve.  For these opportunities, I will always be grateful.

Watch this week’s postings for this great property while being sure to cheer for Redwood Valley Volleyball on Tuesday night.  Please share both to support all of those we love!!

Thanks so much to all that follow and support us.  Never, EVER hesitate to let Mandy, Reese, Reagan, Rhett, or me know how we can support you and a great cause.  WE ARE ALL IN!!.

Selling your home?!?, Uncategorized

Preparing to Sell Your Home

ReMax Sellers Action Plan

Preparation is the name of the game!  Whether you’re planning on selling in the next couple months, year, or years away, preparation is the key to bringing in buyers and getting top dollar for your home!!

Follow this link to the Re/Max Seller’s Action Plan steps you can take when you’re preparing.  Utilize the notes page on the back to list the dates of any updates or new items you’ve put in your home, such as roofing, siding, flooring, water softeners, furnaces, etc.  

Tracking all of this will really help me highlight the positives of your home.  Call or text me at 320-444-6670, email me at regnier.remaxrealtyplus@gmail.com, or Facebook me for a free consultation.  

Whether your moving for location, to fit a growing family, or to downsize and capitalize on this market, it’s never too early to start preparing!

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Is Now the Right Time to Sell?

 

Image credited to dallashomesblog

I hear this question more frequently than one might think.  “If it’s a seller’s market, I should be able to get this much for my home right?”  “I can just list it and sit and wait for my price can’t I?”  

The reality is, if you are looking to get a great price on your home, now is a great time to sell.  Why?  

  1. The demand is strong!
  2. Low inventory means less competition for sellers.
  3. Process is quicker!
    1. Buyers are coming in prepared with pre-approved loans and ready to act
  4. Best time ever to move up!
    1. Still a buyers market in the premium and luxury home range  as inventory on these homes remains high.
  5. Time for that next phase in your life?!?

Buyers are ready to buy now!  Interest rates are on their way up after the Federal Reserve cited the economy as shifting from “moderate” to “solid” and buyers want to lock in before this happens.

All if this leads to what seems to be a simple answer, “YES!”…but the reality is that nothing in life is that simple.  There are many variables that go into a decision as big as selling your home.  The bottom line is whether or not it is the right time for you and or your family.

If making a few extra thousand dollars is your primary motivation, absolutely it’s time to sell.  

If you’re looking to build or move-up from your current home, then heck yes.

I’m also asked, “what do I need a realtor for if the market is so hot?”  Simple truth is, you don’t, but you’re likely not going to get as much for your home as you could or you deserve if you don’t (outside of the headache of doing all the work yourself that is).

98% of all homes that are sold are sold with the support of real estate professionals.  Knowing how to price your home, market your home, bring in buyers and work to get you bids and top dollars is precisely what I do.   

I look forward to hearing from you if the time is right and can’t wait to help you move into that next phase of your life, whether it be downsizing and taking the hassle of chores and maintenance off your shoulders, or moving up and finding more space and equity for your family…I’m here to work for you!

Check out below for some current market trends in MN (info via Re/Max 🙂

 

Why buy?

So why buy in a “sellers” market?

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Even shingling isn’t so bad when you own 🙂

Since I’ve entered real estate, I’ve heard a lot of people make comments like, “It’s a seller’s market, so I’m just gonna wait it out instead of overpaying.” Or, “None of the homes in town are worth what they are asking for.”  Well friends, I’m sorry to tell you, but waiting is the worst financial decision you can make.

Let those who aren’t paying attention be the ones to pay extra, while you still get in while the getting in is hot.  Yes, we do have a dramatic shortage of homes on the market right now.  It’s exhausting, and that’s why many are giving up and stuck in the long-term trap of renting.  Renting is a a necessary temporary solution, but there are so many reasons you need to own!

Here are a few reasons buying sooner than later is the right move:

1. According to CoreLogic, home prices have appreciated by 7.0% in the last 12 months.  This trend isn’t going to change any in the next year or two!

**The $120,000 home you buy this year could be worth $137,388 in only 24 months.  $17,388/24 = $724/month.  How’s that sound for returns on your investment?

**Taxes on imported lumber and steel have unfortunately slowed the new housing market, meaning people aren’t building at a reasonable price like they’ve been able to.  Less building = less homes coming for sale in our market = home prices up, rental prices up as demand stays high until people can find homes to buy 😦

2. Mortgage and interest rates are going to continue increasing, at a rate faster than the feds originally anticipated (as reported by FreddieMac’s Primary Mortgage Market Survey).

**Same $120,000 home @ 4.00% with a 30-year fixed rate.  Say you take out a conventional loan with 5% down ($6,000).  Loan of $114,000 over 30 years = $544.25/month w/ a total payoff of $195,930 (Principle and Interest).  Bump that interest rate up 1/2 a percent and you’re looking at $577.62/month w/ a total payoff of $207,943.20.  Half a percent just cost you over another $12,000…add that to the cost of your home going up?

3. Who’s mortgage do you want to pay, yours or your landlords?  Building equity in your home is a forced savings plan; in a volatile market like ours, you can count on growing 6-8% for years to come!

4. It’s cheaper to own than rent!

**Check out the Trulia report showing that nationwide it’s 37.4% cheaper to own than rent!  In MN it’s considered “a lot cheaper to own”, the biggest of all gap categories!

5. Being gone is great, but coming HOME to a place you take pride in is better!

Here’s the reality folks, waiting is going to cost you money.  If you’re exhausted and frustrated, overwhelmed or just uncertain.  Give me a call.  Let’s set up an appointment and make it manageable, and together find that home for you.  We have amazing lenders that will help you find a solution if you’re concerned over your down payment.

Don’t settle, but believe you deserve a home that can change how you live your life!

Read some more on your own in this article, Home Prices are on an Epic Run.

I know the next question is going to be, “Well, what incentive do I have to sell in this market?”

Stay tuned for some guidance on when and how to sell in a market like this!