Are you sitting on a Pot of Gold?
- Dondino Dirige - Realtor
- Mar 17, 2019
- 1 min read
This Sunday is St. Patrick's Day! In the Irish myth, there is a pot of gold at the end of a rainbow guarded by a leprechaun. With the rain of the past few weeks, we have seen more rainbows that usual in California. What is the modern day pot of gold? Home equity.
Housing Wire ran an article with the title "Average Homeowner Gained $9,700 in Equity in 1 Year" referring to the country as a whole. In California, there was an average increase of $19,600 in home equity. The California average was more than double the national average!
How much has your home gone up in value? Even though you can Google the question and come up with Zillow's Zestimate, that number might not be accurate. Your home might be worth more or less than what the Zestimate is suggesting.
I would love to provide you with an accurate, free, and localized analysis of what your home is worth. The algorithm, data based analysis can't take into account your latest remodels, the trees in the backyard, your curb appeal, and the "It factor".
Call, text, email me and let's set up a time. Also, if you are currently renting and considering purchasing, please call me! With interest rates dipping and inventory going up, it is a perfect time to start the home buying search. There is a misconception that you have to have a 20% or more down payment saved up, but with down payment assistance programs, you can purchase with much less down!
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