Thursday, November 19, 2020 / by Soraya Joud
Whether you’re big on Halloween parties, planning the perfect Thanksgiving feast, or focusing on the December holiday season, if you’re also planning to sell your home, you may be contemplating holding off until January. After all, nobody buys houses this time of year, do they? In 2020, the answer may very well be “Yes, they do.”
The COVID-delayed spring market and pent-up buyer demand, along with low inventory in the spring and summer selling season and record-low interest rates, means that for many buyers the search for the perfect home is ongoing. If you were thinking of waiting until 2021 to sell your home, you might want to consider moving your plans up and listing your home during the fall and winter months to take advantage of strong buyer demand.
Advantages of Listing a Home During the Holidays
There are plenty of good reasons to list your home during the holiday season, including the following:
You’re likely to find more motiva ...
Wednesday, November 11, 2020 / by Soraya Joud
It doesn’t matter how perfect your home is—if your listing photos don’t stand out, potential buyers won’t come by to take a look. In our series "Lessons From Listing Photos," we dissect the smart updates sellers have made to their homes, and how their listing pictures highlight the home’s best assets.
This spacious Portland home has an innate cool factor, thanks to its high ceilings and midcentury architecture. When the sellers purchased it for $548,000 in 2012, it was already a unique home—but the dark, outdated interiors were badly in need of a refresh. It's a good thing this place had so much potential!
A total redesign with a Scandinavian minimalist twist turned things around, and in 2019, it sold for $920,000.
So how did embracing less result in a home value that nearly doubled? We went straight to our experts to find out what the best design moves were from the sellers—and how you can make it ...
Friday, March 6, 2020 / by Soraya Joud
In an effort to help my clients gain wealth through investing in real estate, I’m recommending checking out these options of making additional principal payments in advance. Whether it's your own home or an investment vehicle for retirement, you want to be smart about managing your finances
This can shorten the length of your mortgage term and allow you to build equity faster. Your additional principal payment comes directly off the rear end of the loan and your balance is paid down faster. You'll have fewer total payments to make, in-turn leading to more savings.
This can be a dramatic improvement to financial targets, retirement plans, college fund acceleration, by shortening the life time of the mortgage and use of the future funds to save and spend on other important plans.
In the below example, an additional payment of 200 dollars to the principal on monthly basis, can shorten the life span of a 30 years mortgage by over 8 years, not to mention the ...