By Living Room Realty, January 2, 2024
Hello, Readers!
Whoa. It’s 2024. It seems like yesterday we were bracing for Y2K. That was a fun(ny) New Year’s Eve, huh? And as with any fresh start – many of us set goals, resolutions, intentions, whatever you wanna call it – for the year ahead. This is the time of year where we take a look at our ledgers, both physically and financially, and decide where we need to focus. And, for many, real estate is part of that. If this applies to you – Yay, You! That’s exciting! Here’s the thing — don’t treat real estate like your fitness plan. It’s not something you will immediately feel and see results from. It’s a careful, thoughtful, and can be fun process that could take you a few months before you’re ready to dive in.
Here’s your must-have intention for buyers and sellers in 2024:
Buyers: Know your purchase power, and this starts with your credit score. You’ll need 720+ to reap the best rates. If you don’t know your credit score, there are subscriptions (e.g., Experian) or free services (e.g., Credit Karma) and if you can, pay down balances on credit cards — but not ALL the way down. Leave a running 10% balance of your credit max, and if you can, get a cash-back or points based reward on that credit card. If your credit is in the toilet, contact a credit repair company like Blue Water Credit Repair to get you back on track. Depending on the health of your credit, this could take a few months. So, best to get started now.
Sellers: If it’s broken or bugs you, it’s gotta get tackled. Never got around to putting baseboards down in the bonus room? Have a broken or outdated light fixture? Did you run out of steam before you could paint that last bedroom? Know there are hardwoods? Have warped floors or counters? Cracked windows? Leaky roof? Saggy front porch? It can quickly add up to feel like a daunting to-do list, but it’s gotta get done or you’re going to literally lose money if you plan to sell. Don’t know where to start? They don’t call us Working Magic for nothin’. You can count on us, and our contractors and Magicians, to get you pointed in the right direction OR we can get to work for you. Just reach out and we’ll share more information with you right away. Call Gab: 503 388 2788 or gabrielle@livingroomre.com
Here’s to 2024 serving up Magic,
