Regal Coronado Home

Stately Victorian 3br/2.5ba home is listed on Coronado's historic registry. Home boastfully exhibits the architectural designs of the period. Brilliantly colored roses welcome all guests to this wondrous period home. The large living room with its oak flooring and brick fireplace is just the beginning to what this astounding home offers.

Tim Brodowski,

MBA, CNE, GRI, BPOR, CIEA, MilRes Spec

Call/Text 858-354-2354

Email TimBro97@aol.com

www.TimBroHomes.us

BRE #01224576

7 Ways to Hold Title

Title to real property in California may be held by individuals, either by Sole Ownership or in Co-Ownership. There are several variations as to how title may be held in each type of ownership.

 SOLE OWNERSHIP

1.       A Single Man/Woman: A man or woman is not legally married.

-Ex: John Doe, a single man

2.       An Unmarried Man/Woman: A man or woman who has been married, and is legally divorced.

-Ex: John Doe, an unmarried man

3.       A Married Man/Woman, as His/Her and Separate Property: When a married man or woman wishes to acquire title in his or her name alone, the spouse must consent, by Quit Claim Deed or otherwise, to transfer, thereby relinquishing all right, title and interest in the property.

-Ex: John Doe, married man, as his sole and separate property

CO-OWNERSHIP

4.       Community Property: Community property is property acquired by a married person during marriage when not acquired as the separate property of either. Real property conveyed to a married man or woman is presumed to be community property unless otherwise stated. Both spouses have the right by will to dispose of ½ of the community property subject to administration in the estate. If a spouse chooses not to dispose of his or her ½ interest by will, all of the community property will go to the surviving spouse.

-Ex: John Doe and Mary Doe, Husband and Wife as community property

5.       Community Property with Right of Survivorship: Community property acquired by a spouse or Domestic partner when expressly declared in the transfer document to be “community property with right of survivorship” shall pass to the surviving spouse without having to first pass through the administration of the estate.

6.       Joint Tenancy: A joint tenancy estate is defined in the Civil Code as follows: A joint interest is on owned by two or more persons in equal shares, by a title created by a single will or transfer, when expressly declared in the will or transfer to be a joint tenancy. A chief characteristic of joint tenancy property is the right of survivorship. Upon the death of a joint tenant, title to the property in its entirety would be conveyed to the surviving tenant.

                -Ex: John Doe and Mary Doe, Husband and Wife as joint tenants

7.       Tenancy in Common: Under tenancy in common, the co-owners own undivided interests, but unlike tenancy, these interests need not be equal in quantity or duration and may arise at different times. There is no right of survivorship.

 

Tim Brodowski, MBA, CNE, GRI, BPOR, CIEA, MilRes Spec

Call/Text 858-354-2354
Email TimBro97@aol.com
www.TimBroHomes.us
BRE #01224576

Home in North Park

Cozy remodeled 2br home in North Park. Open living/dining room, ceiling fans in living/bedrooms. Tiled bathroom floors and shower. Kitchen boasts of granite counters, stainless appliances, recessed lighting and window view to yard. Extra storage in laundry room. Yard with crosscut patio, gas firepit, sunshade sail adorned with rope lights. Full fencing, double gate entry to yard. Off street parking in garage and side yard.

 

Tim Brodowski

MBA, CNE, GRI, BPOR, CIEA, MilRes Spec

Call/Text 858-354-2354

Email TimBro97@aol.com

www.TimBroHomes.us

BRE #01224576

Home Ownership Part 2

“SAVINGS”

When an individual first purchases a home the mortgage payment includes both interest and principle payments. In the beginning the borrower is paying mostly interest but as time passes the majority of the payment goes on the principle. This is where the saving part comes in at because by this time your payment will be mostly principle and that payment will be less than a rent payment, since market rent continue to increase.

 “LEVERAGE”

A home owner has a leverage position when buying a home. It is purchased with a small percentage down but appreciates based upon the total purchase price. Plus, when an individual owns a home, there is additional buying power because they can, although not recommended, go out and get a home equity loan.

 “FREEDOM”

A person that rents a home needs to ask the landlord or permission every time they want to paint or plant a garden or put up a swimming pool. Whereas, a homeowner does not need to ask for permission, unless they live in a hoa. They can paint their walls any color they desire and have their entire yard as garden if they wish. A homeowner has the freedom that a renter does not have when they own their home.

 “STABILITY”

The homeowner has the same payment month after month, year after year, as long as they have a fixed rate mortgage. This gives the homeowner a sense of stability. They know what to expect every month. Whereas a renter, may not know what to expect from month to month. Every year the cost of living continues to go up and that means the cost of rent as well. So, by owning a home the individual has a good feeling knowing their payment is not going to change regardless of how much the cost of living goes up.

 “Finally . . . PRIDE”

There is nothing like the feeling you get when you own your home. It is your home. You worked hard to get it and now you can feel good that you have made a great accomplishment.

 

Tim Brodowski, MBA, CNE, GRI, BPOR, CIEA, MilRes Spec
Call/Text 858-354-2354
Email TimBro97@aol.com
www.TimBroHomes.us
BRE #01224576

Home Ownership Part 1 of 2

Studies on home ownership indicate there are many benefits to home ownership over renting a home. Ownership benefits are not limited to single family homes, but also include condos, townhomes, and single family homes. Some of the benefits are: security, investment, tax advantage, savings, leverage, freedom, stability and pride.

Interesting stuff … So, let’s take a closer look at these advantages.

 “SECURITY – SAFETY NET”

 In the event that inflation runs wild, the homeowner has a safety net to help protect themselves from being left out in the street since the homeowner is the only one who holds the keys to the home.

 “INVESTMENT”

 The individual that buys a home is really buying a long term investment. Each monthly payment increases the amount of equity the home offers the owner. Every time a homeowner makes a home improvement, that improvement may increase the value of the home. If the individual was just making monthly rent payments then there is nothing to show for the money paid out each month.

 “TAX ADVANTAGE”

 Every year tax time rolls around … we can use all the help we can get when it comes to reducing taxes. Home ownership is a way to reduce your tax exposure. The homeowner can deduct the real estate property tax and the interest on the mortgage. Plus, if you operate a home office there may be another way to take some deductions. You can’t do this when you are renting.

 

Tim Brodowski, MBA, CNE, GRI, BPOR, CIEA, MilRes Spec
Call/Text 858-354-2354
Email TimBro97@aol.com
www.TimBroHomes.us
BRE #01224576

4096 34th Street, San Diego CA

Cozy remodeled 2br home in North Park.

 

Tim Brodowski

MBA, CNE, GRI, BPOR, CIEA, MilRes Spec

Call/Text 858-354-2354

TimBro97@aol.com

www.TimBroHomes.us

BRE #01224576

Another Success Story

12247 ZORITA, Tierrasanta

Kristy a homeowner had decided to move out of state to be with family. Upon deciding to sell she interviewed Tim Brodowski and knew he would provide the help and guidance she wanted and that his marketing program would be the impetus to get maximum value on her property. So it began, Tim’s advice on doing the fix-its, painting, staging. The coaching, marketing, and negotiating by Tim yielded the price, terms, and conditions of sale that Kristy was looking for.

Upon recording, Kristy had this to say of Tim – “I highly recommend Tim Brodowski as your next real estate agent to list and sell your home. Tim was on top of all procedures and his performance was awesome. He was extremely helpful and communicated with me on every stage. Tim listed and sold and sold my home in 5 days. Look no further and call Tim.”

We wish you wonderful things in your journey …

Cheers to you Kristy

Tim Brodowski, MBA, CNE, GRI, BPOR, CIEA, MilRes Spec

Call/Text 858-354-2354
Email TimBro97@aol.com
www.TimBroHomes.us
BRE #01224576

Fabulous Home in La Mesa!

La Mesa's hidden gem. This cozy remodeled 2br/2ba is the PERFECT starter home ... or the PERFECT home to downsize to. It has everything-close to shopping and stores a deck that is ideal for entertaining, yard, large 2 car garage with additional off street parking.

Let's not forget the White Picket Fence!!!

Upon entering the living room you will be taken by the open feel. The kitchen offers granite counters, pendant lights illuminating the sit-in space at the counter, gas stove perfect for cooking your delicious delicasies, French doors to the back. The home has vinyl windows, state of the art Mitsubishi heating-cooling wall unit, 6 panel doors, coved baseboard. The bedrooms have overhead lighting and rich, dark wood laminate flooring.

This is it, go see it today!

 

 

TIM BRODOWSKI

Call/Text 858-354-2354

Email TimBro97@aol.com

www.TimBroHomes.us