Why should you get a CMA?
You know the genuine value of "Home Sweet Home", but do you know the dollar value of your house-or how much of that value belongs to you?
Is your home adequtely insured? If disaster would strike would your isurance be enough to cover the loses? In California, a state known for wild real estate escelations and wild fires, many devestated homeowners have learned the hard way that their homes were underinsured.
Is your estate plan on a realistic estimate of your home's worth? Assuming you have provided a means for your assets to be distributed upon your death, will your plan minimize the tax burden that your heirs will face? Underestimating your home equity could force your loved ones to sell the family homestead to cover inheritance taxes.
Could your home mean more to your family than safety and warmth? Could home equity be used in funding your child's education? Start a family business? A more active retirement plan? Home improvements?
Do you know how to measure the value of your home? A Compatitive Market Analisys (CMA) is the only tool that provides current pricing of homes of your style in your area. With a recent CMA and knowledge of your home's comdition relative to others that have tested the market, you can know an accurate dollar amount for your home.
If you are interested in finding the value of your home in today's market, call me today for a CMA.
Paul St. Andrew | Realtor
612.876.3945
