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June 2022 | Platinum Living Realty Blog

Wednesday, June 29, 2022   /   by Bob Cowan

What Can You Do With the Equity in Your Home?

Your Home Sold Guaranteed Realty Bob Cowan

You likely have a great deal of equity in your home right now if you're like a lot long-time homeowners. Even if interest rates are beginning to rise, it is still a good time to obtain a second mortgage or a HELOC if you have been considering doing so.
A large amount of equity in your house can allow you to do some urgently needed renovations, either to help you age in place or to meet other lifestyle requirements. Although it's a chance to make significant improvements or changes, there are undoubtedly some methods to use the equity in your house that are preferable to others. To get you going, here are some suggestions.

Freshen Up the Whole Place

A general sprucing up is the best thing you can do for the worth of a house that hasn't had much regular maintenance in a while. To determine which objects are worn out and require repair or replacement, walk room by room and take a close look at your outdoor area. You'd be asto ...

  your home sold guaranteed, bob cowan, june 2022

Wednesday, June 22, 2022   /   by Bob Cowan

The Home Buying Process

Your Home Sold Guaranteed Realty Bob Cowan

Depending on factors impacting inventory, the buyer's level of pickiness, their budget, and other considerations, the process of buying a property can take anything from a few weeks to several months. In some cases, chance plays a role as well. For starter, future homeowners should kick off the process of buying a house months in advance with the research phase:
1. Do your research right away:
It's a good idea to start your research as early as possible if you're considering buying a house. You may create financial goals by reading articles on the home-buying process, and you can get an idea of the kind of property you can afford by looking through real estate listings.

2. Determine your financial capacity:
The next stage is determining how much house you can afford once you have a general idea of the type of property you'd like to purchase. To obtain a better idea of what the purchase price, down payment, and mortgage pay ...

  your home sold guaranteed, bob cowan, san clemente, june 2022

Monday, June 13, 2022   /   by Bob Cowan

How To Get Tax Breaks On Rent By Your Home Sold Guaranteed Realty

Your Home Sold Guaranteed Realty Bob Cowan

SAN CLEMENTE, CALIFORNIA, UNITED STATES - When it comes to rental properties, landlords have it relatively easier as opposed to tenants. Why so? Other than the passive income rolling into their accounts, they also get tons of opportunities to get tax reductions and breaks on their income.
However, this concept isn’t very famous for tenants. With already enough chores and responsibilities on their plates, tenants, too, at times require tax breaks. So, how does one go about it without causing any trouble in the meanwhile? This brief guide elaborates all the legal and safe ways renters can get tax breaks on their rents to give their bank accounts some breathing space.
Understanding tax breaks for tenants
With renting a house, landlords often achieve tax breaks quickly; but it is not the case with the tenants. Often people believe that they cannot attain any tax break on rent payments that go out monthly. But here&rsqu ...

  your home sold guaranteed, bob cowan, san clemente, june 2022

Thursday, June 2, 2022   /   by Bob Cowan

Learn The Difference Between A Cash Out Home Equity Loan Vs. HELOC

Your Home Sold Guaranteed Realty Bob Cowan

Learn The Difference Between A Cash Out Home Equity Loan Vs. HELOC

HELOCs and home equity loans are loans where you use your home as collateral. Both are good options for borrowing money if you’ve paid a significant portion of your mortgage. Some homeowners think that these two are similar, but in reality, they are not the same.
Let’s look at how these loans work and the significant differences between the two.

What is a home equity loan?

A home equity loan allows you to borrow against your home equity with a fixed interest rate and term. The rate would be based on your credit score, loan amount, payment history, and income.
You can use the cash from the loan however you want like for home renovations or paying off credit card debts.

What is a HELOC?
A HELOC, on the other hand, is a line of credit similar to a credit card. This allows you to borrow up to a specified amount from your home equity and slowl ...

  your home sold guaranteed, bob cowan, san clemente, june 2022

Wednesday, June 1, 2022   /   by Bob Cowan

Homeward Bound Newsletter - June 2022 | Bob Cowan

You guessed it right. June is Donald Trump’s Birthday Month. BUT why would I mention this to YOU?
Well, since you have been kind enough to be a part of our business, I wanted to take the opportunity to give YOU a gift on Donald Trump’s birthday.  I am sure Mr. Trump doesn’t mind. He seems to have plenty of stuff, so I’d like to celebrate his birthday by giving you (and those you know), TWO very special gifts! Yes, TWO gifts.
Gift #1 is my lifetime home sale guarantee.
Your Home Sold, Guaranteed, at Your Price or I’ll Buy It*
Yes, this is the guarantee I am most famous for. And you will know that whether it’s a super awesome real estate market or a housing recession, I have not wavered from this guarantee.  The peace of mind from a guarantee like this is a fantastic gift. I can think of none better. 
My team and I are committed to results.  In factd ...

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Platinum Living Realty
Bob Cowan
120 Newport Center Drive
Newport Beach, CA 92661
DRE# 01970237

Based on information from California Regional Multiple Listing Service, Inc. as of May 30, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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