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How to Get a Financial Statement for Your Property

Monday, December 2, 2019   /   by Kevin Kauffman

How to Get a Financial Statement for Your Property


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What does it mean to have a financial statement for your home? Why should you have one?


Most people will admit that buying or selling a home is the single largest transaction that they’re likely to do in their life. However, the reality is that we don’t always treat it that way. We have bank statements, stock statements, retirement statements, credit card statements, and even a mortgage statement—but there’s no financial statement for our homes in general that allow us to view it as an asset.


On that front, we have good news: We’ve partnered with a great company that will offer you just such a financial statement on your home. This is more than a home valuation, which you can find on your own. Rather, it’s a tool that will help you determine:


1. If you could pay off your property earlier than you planned

2. How much you could save on interest if you paid extra toward your mortgage each month

3. How much you could lease your house for if you wanted to turn it into an investment property

4. How much cash you could pull out of it for repairs or other purposes


If you have any questions about this, feel free to reach out to us. We’d love to talk more about this amazing tool and get you set up with your own financial statement at no cost to you. We hope to hear from you soon!

 
© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Kevin Kauffman & Fred Weaver - denvermetrohomesource.com are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. April 5, 2020