December 2024 News from Soni's Corner - Reno | Tahoe

Happy Holidays Dear Friends, Clients, and Colleagues!
 
I hope that you are enjoying time with family, friends and loved ones. May your holiday season be filled with laughter, peace, and fun memories.
 
We had the pleasure of attending the Golden Gate Sotheby's Holiday event which is always such a treat to connect with so many other professionals, many turned friends! Looking back at 2024, I feel an overflow of gratitude, awareness, connection, and growth. I appreciate the opportunities to learn from each and every encounter.
 
The holiday season brings a chance to wrap up loose ends and plan for what’s ahead. If you’re curious about property values—whether for tax purposes, future planning, or just peace of mind—myself and our team would be more than happy to assist.
 
Curious for a deeper dive into what the market was like this year? Please feel free to reach out.
 
Thank you for allowing me to be part of your journey. Cheers to a wonderful holiday season and manifesting a bright year ahead!
 
Soni
 
Your Credit Score: The Secret to Lower Mortgage Payments
 
When buying or refinancing a home, one of the most important factors that influence your mortgage rate is your credit score. The difference between a low score (620 or lower) and a high score (780+) can range from 1-2% in interest rates—and in some cases, a lower score might prevent you from qualifying for a loan at all. This can translate into thousands of dollars over the life of your mortgage, so it’s crucial to plan ahead (ideally 2-3 months) to improve your score before applying.
 
It’s also important to know that the credit score you see through free services often differs from the score mortgage lenders use. The mortgage version is usually lower, so don’t be alarmed if your score is higher in other reports.
 
How to Improve Your Credit Score
 
Here are some key strategies to boost your score:
 
  • Pay Your Bills on Time: Payment history is the most significant factor in your credit score. Always pay your bills by the due date to maintain a strong credit standing.
 
  • Reduce Your Credit Card Debt: Your credit utilization ratio, which compares your balances to your total available credit, should be below 30%. If you charge more than this, make an extra payment before your statement cutoff date. In some cases, borrowing from your 401(k) to pay down credit card debt can be a smart move, as long as you’re comfortable with the trade-offs.
 
  • Check Your Credit Report for Errors: Mistakes, like incorrect late payments, can harm your score. You can get a free annual report at annualcreditreport.com. If you spot errors, contact the creditor to correct them.
 
  • Avoid Opening or Closing Credit Accounts: Opening new accounts will temporarily lower your score, so don’t apply for new credit if you’re planning to apply for a mortgage soon. Similarly, closing old accounts can hurt your score by reducing your available credit, so keep your old credit cards open.
The Bottom Line
 
Improving your credit score before applying for a mortgage can significantly reduce your monthly payments and increase your chances of approval. Start early and consider working with a mortgage lender (like me) to receive tailored advice on boosting your score.
 
 
Bryan Wallpe
NMLS 290807
(775) 690-9900
NEXA Mortgage
 
 
 
 
 

 



4095 Gray Fox Ct

Reno

$3,800,000

5
Beds
 4
Baths
 -
Sq. Ft.
ArrowCreek City Views with Massive Showcase Barn Garage
Over the top estate with unmatched views, a 2,400 sq ft showcase garage accommodating up to 25 vehicles (size varying) and a fully heated driveway with automatic snow detection. The entire driveway, stepping stones, and entry patio have commercial-grade pavers installed. The commercial-sized detached garage has a custom aviation-grade hidden door lift, remote blinds, 5-color marbling epoxy floors, cast iron drains, & insulated walls with dual heaters and ceiling fans. The space is RV-ready with 2-220 amp power plugs, a sewer drop, a gas line, and a dedicated plug-in, designed for large toys, boats, & more.
The elegant and elevated single-story Arrowcreek home sits atop a premier lot on Gray Fox Ct with unparalleled views of the city, mountains, and foothills. This functional floor plan has 5 bedrooms yet does not feel uncomfortably large or allow for unused space. The interior of the home has been freshly painted, features Moen fixtures, custom wood cabinetry, and an updated dining room chandelier, and is complemented by remote-controlled lighting and Hunter Douglas blinds. Wet bar, wine fridge, and Sonos surround sound system, 2 gas fireplaces, and an outdoor fireplace on the covered patio. Luxurious hot tub spa illuminates at night by the over 100 landscape ambiance automatic lights accompanying the property making the home look like it floats on the edge of the cul de sac in the dark.
Equipped with a powerful 23 kw whole home standby generator that activates automatically, 2 whole house humidifiers, and a sewage pump system. The attached garage has a 220 electric vehicle charger plug in. Smart technology extends throughout the property, including keyless entry, phone-controlled systems, high-end security system, and smart lights for effortless living.
Don't miss the opportunity to own a rare offering with this level of outdoor living accommodations at its finest, on a premier lot in the coveted gated community of Arrowcreek.
Request A Private Showing
Newly Offered:
Asking $1,600,000
Custom Mediterranean adorned home, blending bespoke arching accent architecture and high-end features, with over $400,000 of upgrades in Caughlin Ranch.
3 Beds, 3 Baths, 3,293 SqFt
Asking $3,150,000
Brand new Somersett home with stunning golf course and mountain views!
5 Beds, 4.5 Baths, 3,896 SqFt, 0.742 Acre
Estimated to be finished building soon.

Tahoe Symphony
Various | Through Dec 22
Holiday favorites and joyous melodies will have you singing through the season.
Festive Fridays
Truckee | Dec 20
Bundle up for an evening of lights, shopping, and good cheer in historic Truckee.
 

 

$3,800,000

4095 Gray Fox CtReno

5
Beds
 4
Baths
 -
Sq. Ft.
Request A Private Showing

$2,500,000

915 Maple Creek CourtReno

4
Beds
 4
Baths
 2,582
Sq. Ft.
Request A Private Showing

$1,600,000

15 Scattergun CircleReno

3
Beds
 3
Baths
 3,293
Sq. Ft.
Request A Private Showing

$199,000

2400 Tripp Drive #7 Reno

2
Beds
 2
Baths
 989
Sq. Ft.
Request A Private Showing

900 Golfers Pass #3
$1,615,000
6850 Prestwick Circle
$899,000
6501 Enchanted Valley Dr
$500,000
9940 Bernborough Ln
$765,000
2573 Sycamore Glen Dr #2
$225,000

2988 Granite Pointe Dr
6166 Chaise Ct
10621 Vista Bella Ln

Soni Jackson
Overall Hamilton Group
S.0177775
13945 S. Virginia St. #606
Reno NV 89511
 

 

 

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As the area’s top-producing agents, you can count on Breck Overall, Jeff Hamilton and their team to be a responsive and reliable partner. They offer creative ideas, ethical standards and connections to the world’s most influential agents.

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