Resah Marquand - San Diego Real Estate Specialist

”He is not here; he has risen, just as he said. Come and see the place where he lay.“
‭‭Matthew‬ ‭28‬:‭6‬ ‭💕💕💕

Amortization is like the financial superhero of gradual repayment! 🦸‍♂️

✨ When you take out a mortgage loan, instead of paying back a huge chunk all at once, amortization lets you spread it out over time.

Here’s the great part….your repayment includes both the principal (the original amount you borrowed) and interest (the cost of borrowing).

→ With each payment, a bit goes towards the principal, and another bit fights off the interest.

It’s like turning a financial mountain into a series of manageable hills! 🏔️

💸 So, every month, as you conquer those payments, you’re steadily chipping away at the total amount owed.

That’s amortization – making your money moves a little less daunting and a lot more doable! 🏠💰

Sunday Scripture💕

“The crowds that went ahead of him and those that followed shouted, ‘Hosanna to the Son of David!’ ‘Blessed is he who comes in the name of the Lord!’ ‘Hosanna in the highest heaven!’”🌿
-Matthew 21:9

What’s your favorite season of the year?
Let me know using emoji’s only ❄️🌷☀️🍂

Here are 3️⃣ valuable insights I gained from my first home buying experience in San Diego…

01 – Avoid Becoming “House Poor”:

– Allocate funds wisely for the down payment, earnest money, inspections, appraisal, and potential home maintenance issues. Striking a balance ensures financial stability beyond just the initial home purchase.

02 – Homeownership Might Be Closer Than You Think:

– You don’t necessarily need a 20% down payment to make your first home purchase. Understanding the details and being well-prepared are crucial steps if you’re contemplating this significant milestone.

03 – It’s Likely Not Your Forever Home:

– Acknowledge that your first home may not be your forever residence. As life evolves, so do your housing needs.

It’s acceptable to make compromises initially and forgo the dream home for something more practical.

Keep realistic expectations and, when the time comes for a second home, leverage the equity from your first to upgrade! 🏡

If you’re considering purchasing your first home but don’t know where to start – 💬comment “GUIDE” and I’ll send you a step by step process to the home buying journey.

Also – if you found this helpful, please share with a friend!📲

What is mortgage insurance? 🤔

→ It’s a type of insurance policy that protects the lender in case the borrower defaults on their mortgage payments.

There are ✌️ main types of mortgage insurance:

01 – Private Mortgage Insurance (PMI) for conventional loans and

02 – Mortgage Insurance Premium (MIP) for Federal Housing Administration (FHA) loans and some other government-backed loans.

📆 When is it required?

→ PMI is typically required when a homebuyer makes a down payment of less than 20% on a conventional mortgage.

🏠 Do you need mortgage insurance?

For conventional loans – if your down payment is less than 20%, your lender may require you to have PMI.

Once your loan-to-value ratio reaches 80%, you may be able to request the removal of PMI.

For FHA loans – MIP is typically required regardless of the down payment amount.

👉 When considering a mortgage, talk with your lender to understand the specific requirements and costs associated with mortgage insurance.

If you need lender recommendations, please reach out and I’ll send you some!

First day of Spring means new beginnings! 🌼
The San Diego real estate market is in full bloom, and I’m here to help you find your perfect home! 🏡
Whether you’re looking for a fresh start, upgrading, or downsizing, let’s make this season of renewal the beginning of your real estate journey.
If you’re considering buying a home, let’s set up a time to talk about your goals – text, call, or email me today!

Hashtags

Dream big and dream bold!
Your perfect home is out there waiting for you. 🏠
What features are non-negotiable for your dream home? 👇

Happy St. Patrick’s Day!🍀
You and your referrals are better than any treasure found at the end of a rainbow.
👉 If you or someone you know are thinking about buying or selling 🏡, please message me!

Sunday Scripture 💕

“I am the vine, you are the branches. The one who abides in me while I abide in him produces much fruit, because apart from me you can do nothing!”

John 15:5

Can you believe it!?
The first day of Spring is only a few days away! 💐
I want to know – what’s your FAVORITE thing about Springtime? ↓

Research has shown…
That a staged home sells 3 times faster than a non-staged home!
– and 70% of real estate agents stated that home staging increased the offer value on a house by up to 10%.📈
First impressions are everything and staging can significantly enhance your home’s appeal and make it more attractive to potential buyers.
Here are my 🖐 staging tips…
01 – Depersonalize and declutter
02 – Clean, clean, and then clean again. 🧽
03 – Use a light neutral color palette + add pops of color
04 – Use real plants and flowers throughout the home 🪴
05 – Don’t forget about the front yard! That’s the first thing they’ll see when they pull up.
Remember, the goal of staging is to create a welcoming and neutral environment that allows potential buyers to envision themselves living in the space.
If you want to learn more about my listing plan – comment “GUIDE” and I’ll send you my 2024 Seller’s Guide Packet 👇

𝐓𝐡𝐢𝐬 𝐨𝐫 𝐓𝐡𝐚𝐭🤔

If you had your preference, would you rather live at the beach 🌊 or in the mountains? 🏔
Let me know 👇

Spruce up your home in San Diego with these tips ↓

🧹 Spring Cleaning – Dust all surfaces, clean windows, and tackle those often-neglected areas like baseboards and vents.

📦 Declutter – Donate or sell gently used items to create a more organized and spacious living environment.

🌳 Lawn Care – Rake leaves, remove debris, and consider applying fertilizer.

🌷 Garden Prep – If you have a garden, start planning and preparing the soil. Clean up flower beds, trim bushes, and consider planting early spring flowers.

For a complete list of items to do around the home, 💬 comment “MARCH” and I’ll send you my homeowner’s checklist!

The age-old question is back: should I stay or should I go?

If you find yourself at the crossroads of this decision, I’m here to help guide you through the process! 🗺️

Moving can be a big decision, and I understand the mix of emotions that come with it.

Whether you’re craving a change of scenery or debating the comfort of your current space, let’s weigh the options together.

If you are considering a move now or in the future, comment 💬“MOVE” I’ll send you my 2024 Ultimate Moving Guide 👇

ashtags

FALSE!!

It’s important to price the home just right… It’s absolutely critical for a successful sale.

→ You want the home to be priced low enough that it will attract a large pool of potential buyers, but high enough that you aren’t leaving money on the table.

📉When it’s priced just right… the home will attract more buyers, lead to a quicker sale, better negotiation leverage, and can avoid appraisal issues.

📈If it’s priced too high… the home tends to sit on the market much longer, you attract less buyers, and it could lead to a “stale listing” which typically results in a price reduction.

It’s important to work with your real estate agent to determine the best pricing for home.

💬If you or someone you know is considering selling, comment “GUIDE” and I’ll send you my 2024 Seller’s Guide that explains the steps to a successful sale.

Sunday Scripture💕

“Therefore, if anyone is in Christ, the new creation has come: The old has gone, the new is here!”

-2 Corinthians 5:17

Let’s talk about cleaning supplies!
Spring cleaning is in the air – I want to know… what is your FAVORITE cleaning supply that you couldn’t live without?
Magic Erasers? Swiffers? A great carpet stain remover? Let me know 👇

Wondering if you should relocate to a different city or state?

Take the quiz 👇

01 – Could you relocate to a different location without it impacting your job? Or is there work at the new location?

02 – Are you financially prepared for the potential costs of relocating?

03 – Will the new location enhance your quality of life?
04 – Are you adaptable to change and new environments?

05 – Would the new location align with your long-term personal and professional goals?

If you’ve answered “YES” to the majority of questions, maybe it’s time to consider relocating? 🤔

→ Deciding whether or not to relocate is a huge decision and should be considered wisely.

📝 It can be helpful to create a list of pros and cons, and perhaps join Facebook groups within that new community to get a feel for what it’s like before moving there.

📍 If you’ve decided to relocate but don’t have an agent in that new location – feel free to reach out!

🤝 I’ll connect you with a highly successful agent that will help find you the perfect home in your new location.

𝐓𝐡𝐢𝐬 𝐨𝐫 𝐓𝐡𝐚𝐭🤔
Which season do you enjoy more? Spring 🌷 or Summer ☀️?

It’s that time of the year again! 💰

If you’re a homeowner in San Diego, here are some key points to keep in mind during tax season:

→ Mortgage Interest Deduction:

🏠 Homeowners can often deduct the interest paid on their mortgage. Be sure to gather your mortgage interest statements and consult with a tax professional to maximize your deduction.

→ Property Taxes:

💵 Property taxes are generally deductible. Make sure you have documentation of the property taxes paid during the year for your primary residence or any investment properties.

📈 Capital Gains:

– If you’ve sold a property during the year, understanding capital gains is crucial. The holding period and the profit made on the sale can impact your tax liability. Consult with your tax advisor to navigate these complexities.

🖇 Home Office Deduction:

– If you use part of your home exclusively for business purposes, you may be eligible for a home office deduction.

⚡️ Energy-Efficient Upgrades:

– Did you make any energy-efficient improvements to your property, such as installing solar panels or energy-efficient windows? You might qualify for tax credits. Keep track of receipts and details for potential savings.

🔑 First-Time Homebuyer Credits:

– If you purchased your first home recently, you may be eligible for first-time homebuyer credits.

Remember that tax laws can be complex!

It’s important to consult with a tax professional to ensure you’re taking advantage of all available deductions and credits. 🏡💰

I just love a good spring cleaning! 🧽
It’s a great way to refresh and organize your living space.
Here are 🖐 tips to help you make the most of your spring-cleaning efforts…
01 – Create a priority list. Break it down into smaller, manageable tasks so you don’t get overwhelmed.
02 – Declutter BEFORE deep cleaning. Go through each room and place unwanted items into “donate”, “recycle”, and “dispose” bins.
03 – Work from the top to bottom, this will prevent dust and debris from settling on lower surfaces.
04 – Clean all your windows inside and out. You’ll be surprised by the accumulation of dirt and grime they have on them from the winter months.
05 – Pack away anything you won’t need for the months ahead like boots, winter coats, gloves, hats, etc.
Remember to take breaks and pace yourself to avoid burnout.
Spring cleaning is not just about making your home look tidy but also creating a healthier and more comfortable living environment. 🏡🌷

March is the ideal month to start home shopping.

Here’s why 👇

💐 Spring is coming, which is typically the busiest time in real estate. If you start to look now, you’ll get a head start!

☀️ As the weather improves, typically more people start listing their homes and you’ll have more inventory to choose from.

🌳 Homes tend to look more attractive due to the curb appeal, blooming flowers, and greener landscapes.

💰 Sellers listing their homes in March may be motivated to make a deal, especially if they’ve been waiting through the slower winter months.

📚 School planning and consideration is a big reason why it might be a good idea to start looking now.

Starting the home-buying process in March allows for a closing date that aligns with the end of the school year.

If you’re considering a move, whether it’s in the immediate or distant future, 💬 comment with “GUIDE,” and I’ll send you my complimentary 2024 Home Buyers Guide.

It’s a comprehensive guide that will walk you through the home buying process. 🔑🏡

Sunday Scripture💕

Trust in the Lord with all your heart, and do not lean on your own understanding.
-Proverbs 3:5

Let’s have some fun!
How would you describe your dream home using emojis only? 🏝🌄❄️☀️
Let me know 👇

Happy first day of March! Spring is in the air, and the market is blooming 🌼 Whether you’re buying, selling, or just exploring your options, I’m here to guide you every step of the way. 🏡

Leaping into homeownership is a big jump! 🏡

Consider if you’re financially ready, have a stable job, and are prepared for the responsibilities.

👉 Take the leap if it aligns with your long-term goals and you’re excited about the adventure of owning your own space.

If you’re ready to become a homeowner in San Diego– comment “GUIDE” and I’ll send you my free 2024 buyers guide 📖

FALSE!

There’s so many reasons why it’s important to get a home inspection…

→ What is a home inspection? 🤔

It’s like a check-up for your future house in San Diego! 🏡

🛠 Home inspectors will look at everything – from the roof to the basement. They find any issues, big or small, so you know what you’re getting into.

👉 It’s so important because you’ll be able to identify any issues, use it as a negotiating tool, make informed decisions BEFORE you buy, address any safety concerns and have peace of mind.

If you’re thinking about buying and want to know more, 💬 comment “GUIDE” and I’ll send you my 2024 free home buyers guide! 👇

Sunday Scripture 💕

For whoever wants to save their life will loose it, but whoever looses their life for me will find it.
Matthew 16:25

Are you considering an investment property in San Diego? 🤔

According to Forbes, Real Estate investments are often a great way to earn higher-than-average returns while also diversifying your portfolio. 📈

+ Some suggest real estate investing, when done appropriately, is the highest-earning asset class a portfolio can have.

Here are some key factors to consider when looking for an investment property:
✔️ Future Appreciation
✔️ Cash Flow
✔️ Tax Benefits

🏡 There are several types of investment properties such as single-family homes, multi-family properties, apartment complexes, mobile homes, and many more!

Let’s explore all the options together 🙌

If you’re considering an investment property this year – let’s connect! Message me today 📲619-922-7860