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SUPPORT YOUR LOCAL BUSINESSESSUPPORT YOUR LOCAL BUSINESSES
Mountain View News Saturday, April 6, 2024
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal
may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. DATA SOURCES: 1. corelogic.com/intelligence/homeowner-equity-insights-q3-2022/ 2. corelogic.com/press-releases/corelogic-us-home-equity-increases-again-in-q2-
2022-with-the-total-average-equity-per-homeowner-reaching-a-record-high-of-300000/ 3. cdn.nar.realtor/sites/default/files/documents/2022-home-buyers-and-sellers-generational-trends-03-23-2022.pdfReal Estate Expert
You Can Trust626.695.8650
luther@tsinoglou.comtsinoglou.comDRE #01135433Luther
Tsinoglou
Just Sold813-814 Encino Place, MonroviaFully renovated, 3 sep. houses on the lot. 1,025sf ea. w/
private yards, sep. garages, ample parking on a cul de sac.
9 Beds 6 Baths 3,072 SF1507 Wesley Avenue, PasadenaThree rental units with an entitled ADU, in a highly sought after
residential neighborhood. Ideal owner/user opportunity.
5 Beds 3 Baths 2,067 SFHOMEOWNERSHIP
Your Best Hedge
Against InflationBuying a home is the most expensive and important
financial transaction most people will ever make – and
the strongest tool and best hedge in a portfoloio to
fight inflation. As you build equity in your home, you
increase your overall net worth.
A fixed-rate mortgage
offers a predictable
monthly payment, even
with the changes in tax and
insurance costs.
The interest you pay on
your mortgage, insurance
premiums and property
taxes may be deductible.
Consult your tax advisor.
You can make any changes
and renovations you desire,
without asking for your
landlord’s permission.
Benefits of Owning Your HomeWhen you have a HELOC
(home equity line of credit),
you can tap into it for home
improvements, renovations
or other needs.
Homeowners in 2022:
Gained an average of$34,300 in equity in
the third quarter.
Had an average
of $300,000 in
total equitySold for a median of$85,000 above the
purchase price.
If you are interested in a more in-depth analysis of how much your home has appreciated
since you purchased it, let me know. I will be happy to create a report for you.
Contact Luther
Today!
Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com
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