Luke Pettersen

Helping people make smart real estate decisions💡
Daily Real Estate Info📚
$85 Million+ in Sales💰
FREE Homebuyer’s Webinar👇🏻

[ESPN @espn]

AMAYA BATTLE WITH THE GAME-WINNER FOR THE GOPHERS ♨️

Minnesota advances to its first Sweet 16 since 2005! 😱

[Bleacher Report @BleacherReport]

These LeBron stats are WILD 🤯

👑 Played against 35% of NBA players EVER
👑 Played in 12.8% of NBA Finals Series in HISTORY
👑 Scored 40+ against EVERY NBA team
👑 More playoff wins than 21 NBA franchises
👑 Scored 10+ PTS every game for almost 19 YEARS
👑 Top 2 in MVP voting in 3 DIFFERENT DECADES
👑 Started at ALL FIVE positions
👑 Inducted into HOF BEFORE retiring
👑 Only player to score 40 PTS as a TEEN and a 40-YEAR-OLD
👑 3 HOF CAREERS with 3 different teams

Happy Birthday, Bron ���

[Luke Pettersen @LPett47]

We lost the bidding war...

Clients fell in love with a home. We lost out in a multiple-offer situation.

Instead of walking away, I solidified my relationship with the listing agent. I made sure they knew we were ready if anything changed.

5 days later? The winning buyer got cold feet.

We got the call and my buyers WON the house.

Your agent's reputation can be the difference. Who you work with matters!

[Luke Pettersen @LPett47]

What you need to buy a $500k home:

All banks and lenders will use a simple calculation when determining if you qualify:

Yearly pre tax income / 12 months = Monthly pre tax income

Monthly pre tax income * 40% - debts (some lenders will go higher than 40% of your monthly income but that is a good start)

Monthly payment on a $500k house:

5% Down Payment = $25,000
3% Closing Costs = $15,000
6.25% Interest Rate
$350/Month Property Taxes
$250/Month Homeowners Insurance
$150/Month Private Mortgage Insurance

All in = ~$3,675

So if you made $130,000 you would qualify for roughly $4,300/month which gives you some room for student loans, car payments, or other debts.

If you have any questions or need advice, feel free to sign up for the webinar in my bio or DM me, and follow for more real estate tips and info!🏡

[Luke Pettersen @LPett47]

@NoahEpstein_ Gap thank you!

[Luke Pettersen @LPett47]

Think you need to gut your kitchen to sell your house? 🛑 STOP.

Full remodels rarely offer a 1:1 ROI. You are likely losing money.

Instead, aim for the "Wow Factor" on a budget:

🎨 Paint the cabinets
✨ Install new countertops
🔩 Update the hardware
💡 Swap out old lighting
🖌️ Fresh coat of paint on walls

Save yourself thousands. Get buyers interested.

Unsure what your home needs? DM me, let's chat. 📲

[Luke Pettersen @LPett47]

Crazy advice: You might save money by breaking your lease. 🤯
If you wait until your lease ends in May/June, you’re buying at peak competition (and price).
Buying in Dec often saves you more on the house price than the cost of the lease break fee. 🏠💰
#RealEstateTips

[Luke Pettersen @LPett47]

@ATurnblad That is a smart general rule of thumb!

[Luke Pettersen @LPett47]

Stop asking: "How much should I put down?"

Start asking: "How much cash do I need left over?"

Here is the strategy:

Ignore the 20% myth.

Look at 3% down (Conventional, Owner-Occupied).

Audit the house: What will break in 3-5 years?

Keep cash reserves for those repairs.

[Luke Pettersen @LPett47]

@FynCas Pro

[Luke Pettersen @LPett47]

@NoahEpstein_ Gemini

[Justin Wolfers @JustinWolfers]

A 30-year mortgage currently has an interest rate of 6.3%. A reasonable guess it that a 50-year mortgage rate would be about 7.0%.

⇒ The monthly payment on a $500k mortgage:
- 30 years: $3,050 per month
- 50 years: Only $100 less at $2,950 (but 240 months longer).

[Pop Base @PopBase]

🚨 The first teaser for ‘TOY STORY 5’ has been released. In theaters June 2026.

[Luke Pettersen @LPett47]

@WhitMerrifield I’ve seen teams have runners start running straight through second to avoid double plays. Do you think teams will start suggesting running straight through home here too? Seems that could have made the difference.

[Danny Vietti @DannyVietti]

Blue Jays manager John Schneider is intentionally walking Shohei Ohtani so he can get to 8x All-Star, MVP, future HOF Mookie Betts…followed by 9x All-Star, MVP, future HOF Freddie Freeman.

And we’re all just like “yeah, that’s probably the right move.”

[Ryan Whitney @ryanwhitney6]

Dont know if I can think of a time an athlete at the top of his sport has been this open and honest about their craft

[Sandi Bachom 📹 @sandibachom]

After Epstein died, there was a hearing to close the case where 30 of his victims read their impact statements. The rape, trafficking and abuse was stomach turning. One young woman was a virgin. Ghislaine "a monster" told her she had to tell Epstein how wonderful it was was after he raped her.

She was lying on the floor, she looked up as the photographs on the walls at all the famous people. After he took her virginity she had to tell him what a great lover he was. HE NEEDED THREE FRESH WOMEN A DAY.

[Luke Pettersen @LPett47]

@RussFcb Because there is supposed to be a competitive advantage to finishing a series early. Since OKC went 7 games and the Knicks and Pacers didn’t, they have to play the first game of their next series earlier than them.

[adidas Basketball @adidasHoops]

Believe That.

[Timberwolves Clips @WolvesClips]

“That’s what its about, man. Wanting to see your teammates succeed… not even my teammates, my brothers.

I can’t wait to come in here and praise them every time… They the MVP every night.

They play their balls off”

- Anthony Edwards on celebrating his teammates