Holly Ode Real Estate Group - Keller Williams

22/05/2024

Let's talk EQUITY!

I get so many questions about this. What does it mean to have equity in your home?

Home equity is the amount of your home that you actually own. Specifically, equity is the difference between what your home is worth and what you owe your lender. As you make payments on your mortgage, you reduce your principal – the balance of your loan – and you build equity.

So why does this matter?

Because you can use this equity for multiple purposes:

1. Renovations: you can borrow money against your home to pay for home renovations, which likely will increase your home's value.

2. Pay down debt: you can use a home equity loan or home equity line of credit or HELOC to pay off high interest debt.

3. Invest: (my personal favorite) you can borrow money against your home to invest in more real estate. You could use it to purchase a fix and flip property or as a down payment on a rental and start making passive income.

If you have any questions about home equity or want to know the market value of your home, I'd love to talk to you. It costs you nothing!

📲Call/text me 417-569-9417
💌Email: [email protected]

26/03/2024

Market Update

We are back to a market of homes selling quickly! 44 under contract in 24 hours or less.

One of those was a buyer of mine. First in the door and first offer got them their dream home 🙌

Are you thinking about buying or selling a home this year?

📲Give me a call: 417-569-9417

15/02/2024

If you don’t know what you stand for , you’ll fall for anything 🤯

02/02/2024

📱417-569-9417

31/01/2024

Check out this gorgeous custom Hickory Hills home that I had the pleasure of touring last week 😍

📍 4110 E Shafter Cir. Springfield, MO 65809

🛏️ 5 Bed 🛁 6 Bath 💰 $1,450,000

* Hickory Hills Country Club
* Gated Neighborhood
* 4,200+ SQFT
* 4 Car Garage
* Instant Boiling Tap
*Monogram range 😍
* 2-3 Large Living Spaces
* Screened In Porch

Reach out today to schedule your private showing!

📱: (417) 569-9417
📧: [email protected]

Listing Courtesy of Austin Pekarek with Keller Williams of Springfield

31/01/2024

What does it mean to be a professional?

To paraphrase: "A professional is somebody who knows what they know and is confident in it, but who also knows what they don't and is confident enough to tell you they don't know and then go find the answer from someone who does" - Gary Keller

What I can promise you as your real estate agent:

1. Anytime I know it, you'll know it
2. Anytime I don't know it, I'll go find out from the right person and I'll come back and tell you

It would be my honor to assist you or someone you know with any real estate needs!

29/01/2024

Am I right?! 🤣🤣

27/01/2024

Have you had a recent market analysis done on your home? It doesn’t cost you anything to find out what your home is worth. If you’re curious, give me a call and let’s discuss.

📱417-569-9417

26/01/2024

If you could achieve one real estate goal in 2024, what would it be?

25/01/2024

I've just reached 300 followers! Thank you for your support. I could never have made it without each one of you. 🙏🤗🎉

24/01/2024

Check out this amazing listing! My friend, Charity with Refine Studios designed it and it is STUNNING 😍

Listing courtesy of Guy Callaway Keller Williams

📱417-569-9417 call for your private showing

24/01/2024

You never know 🤷‍♀️

22/01/2024

20/01/2024

Buying vs Renting

When it comes to the age-old debate of buying vs. renting a home, the decision extends beyond mere financial calculations; it’s deeply intertwined with your life goals and long-term plans.

-Life Goals: The Starting Point
Before you dive into the numbers, could you reflect on what you want from life? Are you eyeing a short-term stay or putting down roots for the long haul? Your answer significantly sways the rent vs. buy decision.

-How much to spend? Check the 28%/36% Rule.
A common rule of thumb is that you shouldn't spend more than 28% of your gross monthly income on housing costs. This includes principal, interest, taxes, and insurance.
Another rule of thumb is that you shouldn't spend more than 36% of your gross monthly income on all your debt combined, including housing costs. This includes your mortgage, plus other obligations like car or student loans.

-Renting: Flexibility for the Short-Term
If you foresee relocation or changes in your living situation in the near future, renting offers unmatched flexibility. It frees you from homeownership's long-term commitment and maintenance responsibilities, making it ideal for those in transitional life phases.

-Buying: Long-Term Stability and Cost Efficiency
For those planning to stay put, buying a home can be financially beneficial in the long run. Despite the initial costs, homeownership can reduce living expenses over time. It’s an investment that, historically, is appreciated in value.

-The Power of Refinancing
High interest rates shouldn’t be a deal-breaker. A strategic financial plan can include refinancing your mortgage if and when rates drop, potentially saving a significant amount over the life of your loan.

-Family Needs
If you have children, the cost and quality of local schools are paramount. Each neighborhood has different implications for education expenses.

-Commute and Convenience
Factor in commuting costs and time from various locations. A cheaper home farther away might lead to higher transportation costs and time.

-Proactive Planning for Life’s Journey
Remember, effective financial planning is about being proactive, not reactive. By aligning your life goals with your financial decisions, you set the stage for a fulfilling and secure future. Whether you choose to rent or buy, make sure it’s a step toward your envisioned life.

17/01/2024

🏡 Seller Tip

Steps for prepping your home for sale:

1. Hire a listing agent 🙋‍♀️
2. Declutter/depersonalize
3. Deep clean (I know people 👍)
4. Make small repairs- k***s, fixtures, patch holes (I got you) 🙋‍♀️
5. Paint- choose neutral colors (again, I’m your girl 🙋‍♀️)
6. Staging (can be done with your own furniture many times). I can also help with this step. 🙋‍♀️
7. Sell for top dollar 💵

Thinking about selling your home? Let’s talk. I would love to help!

📱417-569-9417 call or text
📧[email protected]

15/01/2024

Are you planning to move in 2024?

Let’s talk about timing…when should you begin your home search?

It typically takes about 3 months from pre-approval to getting the keys 🔑

The first step in the home buying process is getting a pre-approval from your lender. Then the fun begins…shopping for your new home 🏠.

If you have questions, feel free to DM me, text, call, or email.
📱 417-569-9417
📧 [email protected]

02/01/2024

Curious who is waiting on interest rates to drop before buying or selling a home?

18/10/2023

Finish this sentence:

If I could get $_____ for my home, I would sell.

Fill in the blank!

17/10/2023

📣 ATTN Friends📣

Do you know anyone looking to buy or sell their homes? Message me! Your referrals would mean the world 🫶

I’m so thankful to be doing something I love!

13/10/2023

Congratulations to my sweet friends on the selling of their home and upgrading to their new one 🏠. Such a privilege to be their realtor and friend!

Are you thinking about buying or selling a home? I’d love to help!

I will also happily volunteer to hold babies/play with your kids as evidenced in photo below 🩷

📱 417-569-9417

14/09/2023

So excited for my sellers who went under contract on their home 👏👏👏

Who’s next?

Give me a call or text me, I’d love to help!
📱 417-569-9417

06/09/2023

✨Market Update✨

Here are last week’s numbers and what they mean:
Listings are up!
This means more inventory- YES, FINALLY 🙌
If you are a buyer, it’s still a great time to buy and start building equity and wealth 💵

41 homes went under contract in 1 day or less!
If you’re looking to sell, we are still seeing some homes fly off the market!

Average days on market=34

Contact me with any questions or comments, I’d love to chat
📱 417-569-9417

03/09/2023

Come see me today from 2-4pm!

01/09/2023

🌟THE MORE YOU KNOW🌟

Did you know?:

▪️For every $50,000 in cars you finance, you decrease your home purchasing power by 200,000 🤯

▪️Also, the $50,000 investment you make for financing your car will DEPRECIATE and continue to lose value over time, guaranteed. This is considered a liability.

▪️The $200,000 you could have spent on real estate will continue to APPRECIATE and gain value over time. This is considered an asset.

▪️5 years later, the $50,000 you "invested" in a car will be worth less than $25,000 (on average.)

BUT…

▪️5 years later the $200,000 you invested in real estate will be worth $243,000 (on average) with appreciation alone PLUS another $10k in equity accumulated simply by paying your mortgage.

Assets>liabilities is key to building wealth.

Would an extra $200k get you closer to living in your dream home?

Would you rather make $50k or lose $25k?

31/08/2023

🚨New Listing🚨

Somebody buy this beautiful 🏡

3 🛌
2 🛁
2 🚗

$229,900

📱 417-569-9417 call or text

This home has recently undergone key renovations including: Newer LVP flooring Updated bathroom tile Updated light fixtures Tiled fireplace with mantle Refinished cabinets with updated hardware Modern faucets and bath fixtures These updates enhance both the aesthetics and functionality of the proper...

28/08/2023

So excited for my buyers who went under contract today on this beautiful home!

Looking to buy or sell your home? I’d love to help!

📱 417-569-9417 call or text

08/06/2023

Everyone is asking…

“Is now really a good time to buy or sell a home?”
“But interest rates are high.”

My honest response is maybe, maybe not. It’s not a one size fits all answer.

Maybe now is a great time to sell and access your home equity to “buy up” into your dream home.

Maybe you should consider waiting to buy or sell for a bit.

Everyone’s situation is different! And that’s the beauty of it.

Here’s where a good realtor can help you. If you’re thinking about buying or selling right now, let’s chat. Let me buy you coffee and let’s talk about your goals and dreams and make a plan to get you there. It may take 2 months or 5 years, but I’ll be there with you every step 😊

02/06/2023

What would you do with some extra cash $$$$ if you didn't need a down payment?

24/05/2023

🚨 GIVEAWAY TIME 🚨

As a thank you for all the support I have received in jump starting my real estate business, I’m giving away a $50 Amazon gift card.

TO ENTER:

1. Tag 3 friends in comments section

2. Like and share this post

3. Like and follow my page

Winner will be announced next Wednesday May 31st. Gift card will be sent digitally to your email.