Monthly News Letter
Hello,
It’s April and spring is in full swing! Some of the best weather of the year is ahead and the housing market sure is warming up – my kind of paradise. Pull up a chair, grab your beverage of choice and join me for the full spring low-down in Monahans.
- This month I’m looking forward to spring in full swing! The curb appeal of your home can make a big difference. With the weather changing and starting to get nice do some landscaping and plant some colorful flowers to brighten up the area!
- On a professional front, with entering the Spring market I am excited to start helping clients find their dream homes! To make sure each client gets the best out of my real estate services keeping up with what is hitting the market and making sure that each client gets the best opportunity at finding their homes.
- What’s happening around town? Monahans will be celebrating April with a handful of local events and happenings. Keep reading for more information below!
📆 What’s happening in Monahans this month?
Monahans Spring Street Jam: On Saturday, April 6th, 2024 the Spring Street Jam is a FREE fun family event! Gates will open at 1:00 pm, and the music will starts at 1:45pm. Make sure you take your lawn chairs!
Spring Fling Shopping Spree: Need an evening out with some girl friends? Don’t miss out on the Spring Fling Shopping Spree on April 11th from 4:00pm-7:00pm.
Monahans Loboes Sports: Don’t forget to go out and support the Loboes and Lady Loboes in their spring sports. You can find all the dates and times on the Monahans High School website!
💰 How can you save money by asking a simple question?
Asking your lender this ONE question could save you big.
Does my loan have a pre-payment penalty?
Making just ONE extra payment each year can shave years off your mortgage term and save you thousands in interest.
Let’s look at a client with a 30-year mortgage of $400,000 at a 6% interest rate. Without extra payments, the total interest paid over the loan term is approximately $463,353
With ONE extra payment of $2,400 each year ($200/mo) the interest drops to $368,734, and the loan would be paid off 5 years earlier than the original term.
And the savings hitting their pocket? $94,619 over the life of the loan
BUT Make sure to ask your lender about pre-payment penalties (penalties can be steep – often 2% of the loan balance).
Check with your lender so you can save on your timeline. And if you need a lender recommendation, send me a message!
I’d love to chat with you about all things real estate, anytime! Whether you’re planning a move soon or years down the line, I’m here to provide insights, guidance, or just a friendly conversation about the market. And hey, I’m all ears for your feedback on this newsletter too – let me know what you think and how I can add more value to your real estate journey. Just hit reply, and let’s talk!
Mariela Moore