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The Market: Is it Ready for My Investment?

by North County San Diego Home Sales 02/10/2020

Photo by Edar via Pixabay

You’ve been considering an investment in real estate but are you really ready? Putting your money into something you haven’t done your homework on could be detrimental. You may even have all the tools, but are still straddling the fence. How will you know it’s time? Here are a few signs that indicate you have some ways to go:

Long-term Investment Strategy

If you don’t have one of these, you aren’t ready. Although flipping homes and other elements of getting into the real estate game may seem attractive, all the income coming in is tied to you doing “work.” When you stop doing it, the money stops to. An actual investment strategy means once you’ve found the home, did the work and found the tenants, the income continues rolling in. That means your assets continue to grow year after year.

Finances Need Work

Are your finances in order? That means you’re living below your means and are saving a good amount of your income. How’s your rainy day fund? If you don’t have at least three, six to a year’s worth of expenses that you can quickly get to, investing in something that may not give you a return on your investment doesn’t really make sense.

Insurance

Do you have insurance? It’s important to have at least a term life insurance policy that’s 10 to 12 times your income.

Credit

Unless you have the cash to pay for your investments outright, you need to have a high enough credit rating that allows you to get the financing you’ll need. While your credit doesn’t have to be perfect, it should be good enough and showing indications of improving over time.

Capital

Capital is the name of the game. You should have access to enough capital that will allow you to secure long-term financing to get those properties when you want. Take a look at your risk profile. Purchasing high quality, low-risk property instead of maxing out the capital you have can make a difference. If you don’t have the capital, you’re not ready.

While you’re giving these areas some thought, it’s also a good thing to look at the market. While there are always ongoing talks about a recession, consider the stock market. Which one is riskier? Market stats are usually based on the entire country, but real estate stats are only based on specific cities, properties and neighborhoods. That means even if a recession hits, each property is impacted in its own way.

It’s time to study how to beat a recession if one hits and know the fundamentals. If you have a property that provides significant cash flow now, chances are it will during a recession as well. If you have quality properties in high-demand areas, you can withstand a market downturn. The goal is to make a recession an opportunity if you can. It's time to get things in order. If you purchase the right property in the right area, you’ll be just fine. 

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North County San Diego Home Sales

EXCELLENCE Which Moves You

We Specialize in North County San Diego Real Estate

From the Beaches to the Rolling Hills -

We understand that buying or selling a home is more than just a transaction: it’s a life-changing experience. That’s why our team of highly-seasoned real estate professionals is dedicated to providing exceptional, personalized service for all of our clients. We take great pride in the relationships we build and always work relentlessly on the client’s behalf to help them achieve their real estate goals..

Feeling good about the community you live in can be just as important as selecting the right home. As local experts, we can help you find a neighborhood that best suits your needs. From local restaurants and activities to school information and market trends, explore the communities we serve.

As agents who are experts in the communities of North County San Diego, we bring a wealth of knowledge and expertise about buying and selling real estate here. It's definitely not the same everywhere, so you need someone you can trust for up-to-date information 

Our Mission Statement:

Our philosophy is simple: clients come first. We pledge to be in constant communication with our clients, keeping them fully informed throughout the entire buying or selling process. We believe that if you’re not left with an amazing experience, we haven’t done our job. We don’t measure success through achievements or awards, but through the satisfaction of our clients.

Here are some of the things we can do for you:

Find Your Next Home

You need someone who knows this area inside and out! We can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter - not to mention the essential criteria you have for your ideal home

Sell Your Home

When it's time to move, you need someone who will advertise your home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. We can take care of everything you need, from start to close.

Consult on Home Selling Tactics

Oftentimes buyers don't visualize living in your home the way you do. We can make your home attractive to its ideal audience - which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that's sold fast.

Get a positive, helpful partner for buying or selling a home:

*Trusted resource for answers about the process 

*Innovative marketing strategies

*Expertise about neighborhood features

*Ability to target home searches

*Strong negotiation skills

*Support through the closing and beyond

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Meet Your Partners to help you accomplish and exceed your Real Estate Goals and Dreams :

Brad & Karen Mattonen of North County Home Pros

Brad Mattonen

After 20 plus years of experience in the Fire, Life Safety and Security industry, Brad retired from the field that he has so enjoyed, working with and for so many industry greats, receiving many local and National top honors. 

Putting together excellent products and services along the way Brad will use this wealth of knowledge as he transition into the next chapter in life as a real estate owner/agent, still striving to meet expectations with products and services that fit customer’s needs.
"Out in front and always behind you every step of the way"

To many of you who are lifelong colleagues and business associates, it would be an honor to continue our relationships as it relates to buying, selling and investing in real estate. Since joining the number one real estate franchise in the world I look forward to extending my resourceful experience in helping you navigate the real estate process to achieve your goals and dreams.

"Out in front and always behind you every step of the way"

Karen Mattonen

  Karen specializes in helping navigate both buyers and sellers through the buying and selling process! She believes in using dedication to her clients to help educate both buyers and sellers through the home buying process, allowing them to make more informed and confident decisions.  

Karen has a passion to exceed expectations, by utilizing her strong negotiation skills, her capacity for empathy, and her strong integrity, energy and dedication to help achieve the most positive outcome for her clients. 

After several very successful personal real estate transactions over the years, Karen transitioned from Headhunting/HR, which also included recruiting and Training of Individual Team Realtors, to building her own Professional Real Estate Career. 

Prior to real estate, Karen had developed a positive reputation as a successful recruiter and Trainer who owned and operated several successful Recruiting/HR and Training business ventures

Karen takes a different approach to real estate, one that is built on personal touches, win-win deals and positive results. 

Karen Mattonen utilizes the latest technologies, market research and business strategies to exceed your expectations. More importantly, she listens and that means she finds solutions that are tailored to you!