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Everything Sellers Need to Know About Listing This Fall


Is selling this fall a good idea? Actually yes, and today I’ll explain why.

If you’ve thought about listing this fall but aren’t sure whether it’s a good time to do so, then I’ve got some good news.

Not only is buyer demand strong right now, but inventory is low, as well. This translates to lower competition (and the potential for a higher sales price) for those who do choose to list.
 
If these reasons weren’t enough, many buyers are also eager to find their next home before the holidays arrive. This sense of urgency only serves to further your leverage as a seller.

Today’s low inventory translates to lower competition (and the potential for a higher sales price) for those who do choose to list.

Those looking to upgrade their living situation by moving into a larger property (or one in a higher price point) are also at a particular advantage right now, as appreciation rates have jumped up by 5.2% this past year.

Of course, financial factors aren’t the only reasons you might want to make a move. Personal developments can be an equally strong incentive to sell. Whether it’s a marriage, a new job, the birth of a child, or anything else, selling your current home so that you can transition into another often comes along with these major life changes.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
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Location: Mission Viejo, CA, USA

Reverse Mortgages Can Be Used in More Ways Than You Think


What can reverse mortgages be used for? Finance expert and reverse mortgage specialist Kevin Kaltenbach joined us recently to explain.

Today I’ve brought on finance expert Kevin Kaltenbach to discuss an important topic: reverse mortgages. As it happens, Kevin is a reverse mortgage specialist, so you’ll definitely want to hear his thoughts.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:05 - Introducing today’s topic: reverse mortgage options

0:52 - Kevin shares his advice for a client of mine who is considering a reverse mortgage

1:56 - How to refinance a home using a reverse mortgage

2:24 - Kevin dispels a few common misconceptions about reverse mortgages

4:19 - How to purchase a home using a reverse mortgage

6:44 - A few closing words

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
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Location: Mission Viejo, CA, USA

Key Advice for Future Real Estate Investors


Many of my clients are looking for investment properties, so today I’ll provide you all some tips about how to be a successful investor.

Since many of my clients are looking to become real estate investors, today I thought I’d share a few tips regarding what it takes to be successful if you make the decision to invest.

1. Know what it means to get a good deal. It’s not just about getting the right price; some people see a property with a low price and think of it as a great way to make money. Besides negotiating a good deal on price, you should also look at whether that property is located in an appreciating area. A good investment property is one located where there are jobs available, there’s a good rental market, and where the economy, in general, is on an incline.

2. Have an exit strategy. Just like with stock, when you’re going into a real estate investment, you want to buy low and sell high. If you intend to hold onto the property for one year, your plan should be different from one in which you plan to hold the property for, say, 20 years. Having a plan before you make the investment will help you think about important things such as whether the property will provide you with monthly cash flow or whether it will appreciate over longer periods of time. Your exit strategy will make sure that you’re buying the correct property per your goals.

A good investment property is one located where there are jobs available, there’s a good rental market, and where the economy, in general, is on an incline.

3. Have cash in reserves. If you’re doing a long-term investment, consider whether your property is a cash flow property and whether you will have enough cash to allow you to make improvements to it. Be sure to have a reserve of cash on hand so that you can handle any unexpected costs or make any necessary repairs or improvements to keep your tenants happy and your investment stable.

If you have any questions or comments about investing in real estate, please feel free to reach out to us. We look forward to hearing from you!
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Location: Mission Viejo, CA, USA
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