Next Question - How Much Can You Afford?

Real Estate Matters with Tim Bro

Next Question – How Much Can You Afford?

You've started your home buying search and are dreaming big – so now you need to take the next steps to make sure you can realize that goal. Now is the time to do your research and find the financing options for a home that will work best for you.

Even if you're in the “just thinking about it” stage, it's a good idea to speak with a few lenders about receiving pre-qualification for a mortgage. When you choose to become pre–qualified, you will provide some basic information about financial situation to a lender over the phone or online.

When you are ready to start looking at homes with me in person, you will want to become pre–approved for a loan and have the lender assess your credit worthiness.

To get started with your home purchase, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate.”

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www.TimBroHomes.com

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Ready to Sell Your Home?

Real Estate Matters with Tim Bro

Ready to Sell Your Home?

You probably have two questions:

How much can I sell for?

How quickly can I sell my house?

Determining the market value of your home is complex and working with a local market expert like Tim Brodowski can help you determine the right price to get you top dollar when you’re ready to sell.  You don’t want to leave money on the table, but you don’t want to overprice your home either.

Some key factors in market value include:

·         Location

·         Lot size

·         Square footage

·         Up-grades and renovations

Are you looking to sell your home in the next year or so or are you just curious about the value of your home?  Either way – Tim would be happy to chat with you in person.  Tim Brodowski, “The Right Choice in Real Estate” – 858-354-2354.

www.youtube.com/c/TimBroHomesUS

www.TimBroHomes.com

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Helpful Tips for the Real Estate Investor Part 2 of 2

Real Estate Matters with Tim Bro

Helpful Tips for the Real Estate Investor Part 2 of 2

9.     Personal property – what’s included:

There are many different types of personal property (appliances, furnishings, etc) involved in an investment sale.  Make sure you know which personal property items convey with sale.

10.  Have adequate insurance:

Consult with an insurance agent to make sure you are covered!  Tenants and their guests bring liabilities!

11.  Selecting qualified tenants from the start:

Check references from previous landlords, employers, bankers, and credit agencies.  A little work up front can save a lot of your potential problems in the future.

12.  Treat your tenants as customers:

Vacancies and turnovers are your largest expense!  Charge fair rents and attend to realistic tenant needs immediately.  Yes, immediately!

13.  Not renting right:

Too low rent costs money, but it can reduce turnover and can decrease vacancies.  High rent increases cash flow and the value of the building, but can increase the vacancy factor and turnover.  Understand if there is rent control or if there is proposed rent control.  This could severely inhibit financial performance.

14.  Spending positive cash flow?

Apply your excess cash flow to the payment and speed up that amortization schedule.   And/or keep a “reserves” account for maintenance and unexpected events.

15.  Monitor & visit your property:

Do this yourself if the property is local. If located out of town and you have a property manager, have them visit, take pictures, and offer a write up. Frequently!!!

16.  Future Plans:

As you develop a strong equity position and positive cash flow in your real estate holdings, it may be time to leverage it and buy another.  Another idea would be to sell it in a 1031 Exchange and purchase a move up property.  Or … well, the option and possibilities are limitless.

17.  Exit Strategy:

When it’s time to liquidate properties, understand what options are available.

To discuss and review your current holdings and future real estate goals, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   

www.youtube.com/c/TimBroHomesUS

www.TimBroHomes.com

DRE# 01224576

Helpful Tips for the Real Estate Investor Part 1 of 2

Real Estate Matters with Tim Bro

Helpful Tips for the Real Estate Investor Part 1 of 2

1.     Know what your goals are:

Talk to your real estate consultant about cash flow, capital appreciation, tax benefits, management methods, equity pay down, and pride of ownership.

2.     Knowing/checking income and expenses:

Check everything: rent income, taxes, expenses, deposits, lease expirations, etc.  Hype is an epidemic in investment real estate.  Also, factor in reserves for maintenance and unplanned events/issues.

3.     You’re buying a business:

Owning an investment property carries with it great responsibility and potential, along with some very difficult decisions – evicting tenants, who to rent to, whether or not to make certain improvements, etc.  Remember it’s a “hands-on” investment.

4.     Being emotional:

An emotional purchase is not your best investment strategy.  Pay attention to the numbers, not necessarily your heart.

5.     Negative vs positive cash flow:

Understand the cash flow position of each investment property. Are you looking to have a positive cash flow … understand what that entails.  Is a negative cash flow ok … if so, how much is allowable in your budget.  Reminder, factor the up side … depreciation, tax write offs, and appreciation.  Understand your numbers and goals.

 

6.     Ideal loan for your investment:

Here is a stress inducer – long-term investment goals financed with short-term instruments: a classic investment mistake.  My opinion, you should own real estate for the long term; utilizing long-term financing.

7.     Inspections:

Look at every inch!  Hire a professional inspector and ask the tenants questions about the property.  Don’t get lazy on this one!

8.     Read, approve, and confirm all documents during escrow:

Review zoning laws, rental applications and leases, by-laws, easements, title policy, inspection reports, purchase contract, insurance, rules and regulations, trust deed, mortgage, etc.

To discuss and review your current holdings and future real estate goals, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   

www.youtube.com/c/TimBroHomesUS

www.TimBroHomes.com

DRE# 01224576

Southern California Golf Communities

Real Estate Matters with Tim Bro

Southern California Golf Communities

Wish you could start the day by playing a few holes before breakfast?  Or a late afternoon round with family?  YOU CAN!!!!  A home on the golf course in San Diego County may be what you are dreaming of.  The San Diego area is famous for its world class golf courses and some of the most sought after and revered residential communities in the United States.  Whether it’s a coastal golf community in Carlsbad, an estate property in Rancho Santa Fe, an island property on Coronado, or a retirement home in Rancho Bernardo, Tim can guide you thru the process. 

The local golf course communities enjoy the exquisite California weather year round and are the ultimate golf destination.  The home communities are varied.  Some in warmer climate of East County, others in the rolling hills of north county San Diego, and others graced by gentle coastal breezes.  Homes in golf course communities can be condos, luxury custom homes, or smaller retirement homes.  The point being that there is a perfect golf community in San Diego County for everyone.  Let’s go play a round. 

To find the golf course home in the perfect neighborhood for you, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   

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www.TimBroHomes.com

DRE# 01224576

SRES® - Retirement Thoughts

Real Estate Matters with Tim Bro

SRES^® – Retirement Thoughts

1.    Plan for a happy and healthy retirement. It’s never too late to plan and save. Budget for your housing, living expenses, medical, and fun adventures.

2.    Make new friends and keep the old. The happiest retirees Tim knows are those that are active with their family and friends.

3.    Identify the most trusted people in your life. Make sure your legal affairs are in order, ie trusts, wills, power of attorney, and medical decisions.

4.    Right size your housing. Do you want to stay in your home? If so, perform regular maintenance. If you wish to downsize or find alternate housing start with a call to Tim for a consultation.

5.    ENJOY! Have fun and enjoy all that life offers. Do it now, you don’t have to wait for retirement for this one.

To get started with your home sale or purchase, call Tim Brodowski at 858-354-2354, your “Seniors Real Estate Specialist^®”, where the future takes shape.  

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www.TimBroHomes.com

DRE# 01224576

Mission Valley Delight!

Mission Valley Delight!

2250 Camino de la Reina #6105, San Diego, CA 92108

River Colony Beauty in the heart of Mission Valley. First floor condo with private feel. 2 bedroom 2 bath, fresh coat of paint. Cook up your favorite meals in the kitchen with tile counters, stainless dishwasher, and recessed lighting. Open dining and living room perfect for entertaining family and friends. Community pool, library, and exercise room. Washer/dryer in unit. Close to river walk, restaurants, and shops. Something special for everyone to enjoy!

To schedule an appointment to preview, call Tim Brodowski @ 858-354-2354.

Click here to view 2250 Camino de la Reina #6105 property details.

DRE #01224576

Tips for the Perfect Photo Shoot!

Real Estate Matters with Tim Bro

Tips for the Perfect Photo Shoot!

1.    It is important to make sure that all areas to be photographed are camera ready before the Photographer arrives. Photographers are not responsible for tidying areas that are to be photographed. They are responsible for taking the best photos that the house has to offer.

2.    For indoor living areas that will be photographed, make sure that the rooms are clean and free of extraneous objects. Turn on as many interior lights as possible to brighten and warm up the room; if there is a dark area in a room, try to add temporary lighting. Natural lighting is always a plus!

·         Bedrooms - Beds are made, pillows fluffed. Nightstands, dressers and vanities should have minimum items visible. Walk in closets should appear organized and tidy. For kids rooms, toys and clutter should be put away. If there are mirrored closets or walls, be especially aware of the mirrors and what they are reflecting.

·         Living rooms – Surfaces should be dust free, carpets vacuumed, and pillows arranged. If there are televisions in the room, turn them on.

·         Kitchens – Minimize small kitchen appliances along with cleaners, paper towels and wipe down all counters and all appliances. The shinier the appliance, the better it will appear in the photo.

·         Bathrooms – Clean shower glass, towels neatly folded and simple as possible. Remove toiletries from view.

3.    For outside areas, make sure to clean and straighten-up. When capturing solid exterior shots, take advantage of the hours with the best lighting.

·         Remove cars from the driveway for a clear shot of the house.

·         Present pool areas in the best light – straighten deck chairs, remove towels and pool accessories.

·         Open patio umbrellas; remove covers on the BBQ and patio furniture.

·         Clear gardens of leaves and weeds.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   

www.youtube.com/c/TimBroHomesUS

www.TimBroHomes.com

DRE# 01224576

Stunning Belsera Condo in the Heart of Tierrasanta

Stunning Belsera Condo in the Heart of Tierrasanta

11340 Camino Playa Cancun #3, San Diego, CA 92124

Fabulous Belsera condo. Upper floor unit with vaulted ceilings, soft neutral colors that provide a relaxing, spacious feeling. Open living/dining area with fireplace and slider to patio. Kitchen offers granite counters, stainless appliances, white subway backsplash, and designer cabinetry. 2 bedroom and 2 full bath. Raised panel doors throughout. Remodeled master bath with spa-tub, built in vanity, and walk-in closet. Attached 1 car garage and 1 carport space. Community pool/spa. Close to Mission Trail Park.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   

www.TimBroHomes.com

DRE# 01224576

5 Stress Relieving Tips for First-time Homebuyers

Real Estate Matters with Tim Bro

5 Stress Relieving Tips for First-time Homebuyers

Moving into a new place is both exciting and challenging, and that is especially true if it’s you first time as a homeowner. Instead of allowing the process to overwhelm you, keep some tips in mind to help navigate through this exciting journey in your life.

Don’t Proceed Alone

You don’t need to take on the process of searching for and buying a home without assistance. Maintain contact with your realtor Tim Brodowski throughout the process. Tim can assist you in searching for the perfect property.

Open Your Mind

Right now, you may have a list of all the features that you want in a house. You may have decided that you will only live in the community with the lowest crime rate and the best schools. Keep in mind that all of these desires cost money and you probably do not have an unlimited budget. Instead of maintaining such a myopic view of your new home, open your mind to the possibility of making some concessions.

Define Your Financial Ability

Opting for a pre-approval is a good idea so you know how much of a loan you can receive approval for. Once you obtain that amount, you might decide to spend the maximum amount. Doing so will likely prove uncomfortable for your budget. If you or your partner lost your job, you might not have the ability to keep your house at all. Try to start small with your first house purchase and avoid spending money beyond your means.

Take Your Time

Once you decide that you are in the right place to buy a house, you might be so eager that you rush through the process. Weigh the pros and cons of each house you look at. If possible, plan an adequate amount of time around the buying process to ensure that you have considered all you best options.

Prepare for Other Expenses

You need to find out if you are expected to pay closing costs upfront or if you can roll them into your loan. Sometimes, the sellers may agree to pay for some of the closing costs. Not only do you need money for these expenses, but you’ll also need to cover other costs that are associated with moving into a new house.

Buying your first home can be both terrifying and wonderful all at once. Be prepared to invest in a financial investment like this by working with a professional like Tim Brodowski and making smart decisions. If home is where the heart is, allow yourself the time and care in finding the best possible place for you and your family.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   

www.youtube.com/c/TimBroHomesUS

www.TimBroHomes.com

DRE# 01224576

2204 River Run Dr Unit 16 - Listing in Mission Valley!

2204 River Run Dr. #16, San Diego, CA 92108

Listing in the Heart of Mission Valley!

Fabulous 1st floor condo in the heart of Mission Valley. Large patio off living room & bedrooms. 2 full size baths. Designer kitchen cabinets, tile flooring, an eat in counter, stainless appliances. Beautiful natural looking wood laminate floors, recessed lighting, fireplace in living room. Ceiling fan in dining room. Plenty of space for entertaining. Washer/dryer in the condo. Relaxing patio with view of greenbelt and water feature. Community pool, spa, exercise room. Close to shopping and dining.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   

Click here for 2204 River Run Dr #16 - Property Details

DRE# 01224576

Tim Brodowski, 4390 Cartulina Road, San Diego CA

4390 Cartulina Road, San Diego, CA 92124

New Listing in Tierrasanta

Magnificent Tierrasanta single story home located on a cul de sac. Spacious living room-dining area. Kitchen with recessed lighting, granite counters, oak cabinets, and pass thru window to patio. Abundant windows keep the family room open and bright - and offers fireplace, decorative window, vaulted ceiling. Master bedroom features a remodeled bath and has a slider to the pool area. Yard with a wonderful pool, mature landscaped side yard with a prolific citrus tree. Walking distance to Mission Trails.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   

www.youtube.com/c/TimBroHomesUS

www.TimBroHomes.com

DRE #01224576