Your August Newsletter: How Homeowners Can Benefit from Understanding Their Equity
Dated: September 12 2024
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How Homeowners Can Benefit from Understanding Their Equity
Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.
Here’s a deeper look at what you need to know if you’re ready to cash in on your investment and put your equity toward your next home.
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Featured Listing Of The Month.
Let Us Feature Your Home Here Next Month!
Are you looking a beautiful 4 Bedrooms home in NW Freeport? Look no more! This home is waiting for you to call it your own. The home features an inviting living room with fireplace, dining room, kitchen, 2 bedrooms and a full updated bathroom with Jacuzzi and separate shower on the first floor. Ascend to the second floor to discover 2 additional large bedrooms, with the master bedroom comes with a large walk-in closet. The full finished basement offering ample space for entertaining and recreational activities.
Call me or click below for price, pictures & address.
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You’ll Be Glad You Did These 4 August Tasks When January Comes
Take a few minutes out of your pool time this month to do these four tasks. If you do, you'll have more time to eat popcorn in front of the fire next January.
#1 Call the Snow Plow Now
If you live in snow-prone areas, now's the time to get your name on the snow plow contractor's schedule. By the time your car's buried in the driveway, their rosters will be full.
#2 Schedule Furnace Service
Get ready for sweater weather — and beat the rush — by scheduling the annual fall service for your furnace now. If you don't already have a twice-a-year maintenance plan with your HVAC company, ask about it. Often, you can get discounted rates, not just for the service plan, but for larger repairs, too.
#3 Get a Home Energy Audit
Save money this winter by scheduling a professional energy audit now. Not only will you learn where your home is prone to energy loss, your auditor may recommend inexpensive ways to save money (like caulking around the baseboards). Energy.gov has info about how pro and DIY energy audits work. Click Here to watch DIY video.
#4 Repair Walkways and Driveways
When you’re doing a maintenance check in your yard, don’t forget the non-green areas like walkways and the driveway. The weather ahead can damage your pavement if water freezes in cracks. And that can mean costly repair work and even trips and injuries. Repairing mortar between the pavers. When the rough weather hits, you’ll be glad you did.
We are excited to announce that we have moved! We would love for you to stop by sometimes to see our new location and get
answers to real estate questions and notary service.
 
Get a FREE Professional Equity Assessment Report of your home!
A Professional Equity Assessment Report (PEAR) is a custom evaluation of your home’s cash value. It's not just knowing what your home is currently worth. Essentially, It's what you can walk away with and put toward a new home.
This is a powerful tool to help you make confident decisions in your home selling process.
Request Now
 
Unlocking the Benefits of Your Home's Equity
Bottom Line
Equity is the difference between what your house is worth and what you still owe on your mortgage. The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you can use that equity.
Want to know how much equity you have? Let’s connect so you can get a Professional Equity Assessment Report (PEAR).
 
Local Real Estate Market Report
Click the county below to view more details of the Monthly Market Updates
Nassau
Suffolk
Queens
 
 
Home Inspections For Sellers: How To Prepare
Bottom Line:
If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.
As supply grows and buyers regain negotiation power, you may find you want to do some select repairs with a good return on investment before listing to get ahead of things a buyer may ask you to fix. To decide what's worth tackling, you need expert advice. Let's chat so you know what to prioritize.
 
Weichert Realtors Quality Homes
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Suzette Davis
Lic. Real Estate Salesperson Weichert Realtors®- Quality Homes
2065 Grand Ave, Baldwin, NY 11510
suzette@weichertquality.com
516-670-2513 Cell
516-867-3508 Office
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DON'T FORGET WE LOVE REFERRALS
If you know of anyone planning to move, my team and I will be happy to assist them with their real estate needs.
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