Is Now the Right Time To Buy an Investment Property? How Low Rates Can Help Investors Increase Their Buying Power

Is Now the Right Time To Buy an Investment Property? How Low Rates Can Help Investors Increase Their Buying Power

With all the upheaval caused by the coronavirus pandemic, now might not seem like the best time to buy any type of real estate, much less an investment property or second home. But don’t rule out the idea completely.

“With historic low rates, it is a good time to consider investing in real estate,” says Victoria Shtainer, a real estate agent and expert at Compass in New York. “Low rates give you more buying power, and we have been negotiating amazing deals for our buyers.”

Mortgage rates are expected to drop again after the Federal Reserve’s recent rate slash, which was intended to protect against the economic impact of the pandemic. That means that it may be time for buyers to consider an investment property. Here are some reasons to go for it.

Why people are considering buying

The lowest interest rates in nearly 50 years, and the potential for a recession, which could lower home prices, have attracted the attention of buyers.

“Given the current volatility in the stock market, investors are reassessing asset allocations in their portfolio, and considering how real estate may fit into this from an asset allocation standpoint,” says Shtainer.

She says the current environment, with low rates and a good selection of inventory, has given investors the upper hand in negotiations.

“More people are looking to real estate as their next investment, because of the potential for both appreciation and cash flow,” says Jennifer Anderson, of Anderson Coastal Group in San Diego. “It’s also a real, tangible item that can provide more control than other forms of investment.”

Benefits of buying an investment property

An investment property can be a valuable asset and a good way to generate passive income, and it might also provide tax write-offs and incentives that you wouldn’t get on other instruments, experts say.

“We always recommend speaking to your qualified tax adviser on your particular situation,” says Shtainer. “However, generally speaking, there can be tax benefits to owning an investment property. This can be via the tax benefits that mortgages provide, as well as the IRS’ treatment of your investment/vacation home, depending on how you rent it out.”

Anderson says that holding a property with the potential for appreciation and cash flow is a huge advantage of buying an investment property. It also diversifies your investment portfolio and protects your net worth while the market goes up and down.

Precautions to take before buying

Buyers should prepare, however, for the possibility of a prolonged economic shutdown. If you’re buying a property that doesn’t currently have tenants, it might be a while before you can find any.

That’s why the most important thing to have on hand before you buy an investment property is cash, says Nick Clements, general manager of Mortgages at LendingTree.

He says that because investment property owners will be responsible for repairs and maintenance, for tenants not paying rent on time, or for the time that might elapse between tenants, they need cash to cushion any bumps in the road.

He also advises buyers to research the appropriate legal vehicle, typically an LLC, with sufficient insurance in place.

“I strongly encourage an umbrella insurance policy. If a tenant gets hurt in your property and decides to sue, you will want to ensure you have the right structure and insurance in place,” says Clements.

To get a better sense of how much rent you might be able to collect, Anderson recommends reaching out to commercial real estate brokerages in the area and asking for historical rental rates for the last 10 years.

“That can give you a good snapshot on how market recessions or booms could impact your earnings or property value,” she says.

How to determine affordability

You don’t have to be a millionaire to invest in property or a second home. To determine whether you are ready to buy, Clements recommends asking yourself two questions.

“Are you cash-flow positive, and could you handle six months without receiving rent? If you can’t answer yes to both of those questions, now is probably not the right time to buy an investment property,” he says.

Shtainer says that buyers should be prudent, just as they would be with their primary residence. She advises that if you’re not buying the property in cash and will need financing, you should make sure you get pre-approved.

Pre-approval will tell you how much the lender is willing to give you for the purchase of your second home.

“Understanding your budget and sticking to it is very important, especially when making an investment,” says Shtainer.

She says that buyers should do their due diligence to ascertain what they can afford, and she suggests they partner with a broker in their market to make sure they are purchasing a property at a favorable market value.

By Ana Durrani | Mar 19, 2020

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Keep Calm and Carry On With Your Real Estate Needs… Only Later

 

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Some Highlights

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.

Some Thoughts

  • Prepare for delays
  • Write in contingencies to protect yourself
  • Be Patient – all services are effected, title and escrow, lenders, appraisals, inspectors

This economic response is very different from our 2009 experience.  Our last economic melt down, there was a glutton of homes for sale and due to loan defaults, very strict lending that cut out many purchasers from moving forward.  It slowed down our recovery.

This time a round, we’ve been in a housing shortage and the big differences, this is plenty of affordable loan options available.

When we see a stock market crash, we often see a real estate boom or in this case – perhaps a real estate maintenance – as people divert money and investments from a risky stock market to an investment they can live in – Real Estate – historically real estate always appreciates and you’ll come out head in the long run.

Will there be a price impact – we’d be a fool to think it wouldn’t – but I think that is all relative.  Buyers have always set the price – so as they are cautious prices will reflect that – however we all need a place to live and I think we’ll see a lot of people – who have been waiting for an adjustment ready to take advantage of low rates and possibly slower demand.  I know Warren Buffet buys in a down market – and he knows a thing or two.

The bottom line – don’t freak out.  If you have your home and don’t need to move – don’t fret.  If you are selling or were thinking of selling, hold tight.  RIght now the market is affected by the shelter in place but we were expecting a great Spring Season and now Fall!

We are all in this together –

Let The Caton Team know how we can be of service.

 

I wrote this article and added info from here 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Opportunity is Knocking in San Carlos – Fixer Upper for Sale

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For Sale:  749 Orange Avenue, San Carlos Ca

Features 3 Bedrooms | 2.5 Baths | 1590 SF Home | 5967 SF Lot

The first time on the market since 1970 – this home needs a new family to love and care for it.  Located on the north end of Orange, a block from Cedar and Cherry – close to the San Carlos Library, San Carlos Schools and within walking distance to our wonderful downtown with 5 Star Dining and entertainment. 

Bring your vision and your contractor.  Home is built on a downward slope.  

Listed by Berkshire Hathaway HomeServices – Drysdale Properties Redwood City. 

MLS ML81772963

For more info and photos visit:  749 Orange Ave, San Carlos

For a private showing contact The Caton Team

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

First-Time Home Buyer Workshop – Get to know the HEART – 5% Down Payment Loan Program for San Mateo County

* If you cannot attend the workshop, please do not hesitate to contact The Caton Team. We’d be more than happy to help you.*

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

Are you a First-Time Home Buyer?  

Does saving 20% for the down-payment seem daunting?  

Does paying Private Mortgage Insurance (PMI) frost your cookies?  

Then you need to learn about the HEART LOAN of San Mateo County and this workshop is a must!

Get to know the HEART San Mateo County Loan Program – on Wednesday October 30, 2019 at the San Carlos library. 

If you’re buying your first home in this market, you know how painfully hard it is to save for the 20% down-payment.  Must banks require 20% and anything less requires expensive and pointless Private Mortgage Insurance (PMI).  Well the HEART loan – Housing Endowment and Regional Trust of San Mateo is here to help.  They are offering 5% down with NO PMI.  You carry a 30 year, 80% 1st mortgage and a 15 year ,15% 2nd mortgage.  This loan covers single family homes, condos and townhomes anywhere in San Mateo County for a vaule up to $908,156.

The Caton Team has helped several families get into their first home with the HEART program through Meriwest. 

For more information – HEART and Meriwest are hosting a FREE loan workshop at the San Carlos library at 6pm on Wednesday October 30th.  Register Here

Buying and Selling Real Estate doesn’t have to be scary – contact The Caton Team at any time for more information.  We love what we do and would love to help you!

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

For more information or to Register – click here. 

 

 

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Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Historically Low Interest Rates

I feel like I’ve said this a few times — but history is always in the making.  Right now I’m seeing historically low interest rates!  As low as 3% — 4% — that is some affordable money!

What does this mean?  If interest rates are low — the cost of borrowing money is low — meaning you can borrow more money – IE a larger loan — for the same monthly rate that you did before with a higher rate and a smaller loan.  So your purchase power goes UP because the cost of borrowing went down.  But don’t wait too long.  Interest rates adjust daily and until you’re in contract and have locked your rate — they might as well be birds on a wire.

The market cools each Fall and if the Feds maintain this low interest rate — we’re looking at some great buying opportunities.  Right now the San Francisco Peninsula has excess inventory, homes that didn’t sell in the first two weeks are getting lost in the shuffle and as a result — dropping their price to get new eyes in the door.

Don’t wait for a price reduction to get the home you want — just contact The Caton Team and let us work our magic. 

Oh – and if you already own a home — it’s time to take a look at your loan and see how much you can save with a refi.

If you need a great lender to chat with — contact The Caton Team and we’ll put you in touch with our amazing team of lenders! 

 

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Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Where is this Real Estate Market Headed?

Where is this Real Estate Market Headed?  That is the hottest topic in Real Estate today!  

I just found a great article keepingcurrentmatters.com – that took several surveys to give us something to chew on.  The below image takes those surveys and shows us some different values. 

It is interesting to see the forecast for each model.  Just know Real Estate goes up and down, we’ve reached our 10 years mark since the crash – we’ve seen massive market healing but now – are we at the top?

Real Estate has and always will be a long term investment.  It goes up and down over the years.  Yes, in hot markets it feels like you can buy and flip in two weeks but that market is in the past now.  For most of 2019 and staring in Fall of 2018 – The Caton Team saw a change in the market.  Here on the San Francisco Peninsula – we are in a Buyers Market!  Now – let’s be real – well priced homes, in good areas are going to warranty more actively.  I hosted a well priced duplex this weekend and they have an offer date set after four days on the market.  It’s the first offer date I’ve seen in a while.  But that price and location – makes it a hot market.

However, as hot as new listings are – don’t forget to look at older inventory.  If a home is on the market over the Fall and Holidays it is because it has to sell – giving buyers a great opportunity. 

So where is the market going?  How about we ask you a different question? Where are you going?  Do you want to make Silicon Valley your home?  Do you work here, love what you do and want to earn some equity instead of wasting money on rent?  Do you think prices are so high – you can’t buy – have you considered house hacks or co-investing.  If you see the vaule if Real Estate no matter where we are in the Real Estate High Low cycle – then you know – now is a great time to buy.

With so much conflicting information out there, making the right decision can be daunting.  If you have some questions or just want to bounce around idea – give The Caton Team a call.  We’re not here to sell you a house – but we are here to help you invest in your future. 

Screen Shot 2019-09-23 at 12.50.33 PM

I read this article at: keepingcurrentmatters.com

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

 

Testimonial of the Day – From Jenny

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To The Future Clients of The Caton Team

Buying a house can be a very scary experience especially in the San Francisco Bay Area where very high stakes are involved.  I have purchased home in other states and nothing was quite like it is here.

The Caton Team helped smooth and ease the way whenever there was a ‘pothole-in-the-road’ on the way to owning my home.  It is nice having a “team approach” because I felt like I would receive two opinions that gave me different perspectives to look at.  I was then able to see through their eyes the ‘diamond in the rough’ and, what I could do with it.

I found them to be kind, caring, understanding and sensitive to my needs, informative, diligent and sympathetic to my situation.  Their follow-through was great!  They didn’t leaving me hanging with “I’ll get back to you.”  They found the answers to all my questions and in a timely manner.

I felt they went above and beyond when I asked them to video tape an entire house, including a fuze box and “sniff” the craw space for me.  I happened to be in another state at the time and needed them to act quickly because the property I was looking at was very active.  This really helped because it made up my mind that I was gong to bid on it.

I liked the fact that, if I couldn’t reach Sabrina I could talk to Susan and, the messages got communicated between them. We were all on the same page!

I am so grateful that they were able to move quickly through the process so I could be in the game of the ‘biding war”.

And, as it turned out, with either advice I got the home I was bidding on and wanted!

Thank you Caton Team!

– Jenny B.

Contact us for a consultation if you’re considering buying or selling real estate.

Know of anyone who needs a hard-working, full-time, dedicated Realtor – let us know! We’d be happy to take great care of them!

To read all our testimonials visit The Caton Team Testimonials and Yelp!

 

Got Real Estate Questions?   The Caton Team is here to help.

 

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

 

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

 

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

 

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

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Real Estate Market Update

Data is priceless and Real Estate Data is my bread and butter.  I thought I’d share these links, provided by Aculist which analyzes real estate data for the five MLSListings counties in Silicon Valley and the coastal regions and publishes a set of Market Data Reports.

Below are the links for the July 2019 Market Data Reports:

 

Determining when the best time to buy or sell can be overwhelming – even with all the data at your fingers tips – that is why The Caton Team believes in sitting down and getting to know your needs, your goals, your timeline in order to help you decide what course of action is best for you.  Sometimes getting on the market fast is more important than remodeling, sometimes taking the time to take care of cosmetic issues out weighs the wait.  When buying, sometimes striking while the iron is hot is the best.  Sometimes waiting for the frenzy to wind down would be better.  No matter what direction you need to take – The Caton Team is here to help guide you.  Contact us anytime, we’re happy to be of service.  With 35+ years of combined, local Real Estate experience – you rely on us.

Call | Text | Sabrina 650.799.4333 | Email   Info@TheCatonTeam.com

 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

There are a Hundred Different Reasons Why You Don’t Need a Realtor, but there is Only One Reason Why You Do.

The internet revolutionized many different business while the iPhone was a total game changer in Real Estate.  Mobile Real Estate apps changed how buyers and seller behaved.  Tech opened the door to more information and made it readably available with the greatest of ease. 

There are a hundred different reasons why you don’t need a Realtor, but there is only one reason why you do – Realtors know how to negotiate Real Estate.

The Caton Team Realtors prides ourselves on how we negotiate Real Estate.  We do so with the highest level of care and consideration.  We believe, buying and selling Real Estate is a meeting of the minds, not a twisting of the arm. 

If you’re a looking to buy your own home or invest – you need a Realtor to help you craft the best offer, to walk you through – not only the disclosures – but through the property with the inspectors.  It is important to The Caton Team that our clients understand what they are undertaking. 

If you are selling your home, you need a Realtor who will take that same level of care in preparing the disclosures for your home while meeting with the inspectors, tradesmen and stagers in order to present your home in the best light for optimum results.  We make it easy to work with us – so it’s easy on you.

Whether buying or selling you need a Realtor who will negotiate on your behalf, with your goals and budget inline.  Instead of telling you all what we can do – we’d rather sit down with you face to face and discuss your goals, wants and needs. 

Each client has a unique situation and budget – The Caton Team believes with an open line of communication – we can handle anything. Wouldn’t you want to work with a Realtor team, with over 35 years of combined, local Real Estate Experience?  Because we would love to earn your trust and your business.

The Caton Team believes in order to be successful in the Bay Area Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you? 

The next time you’re standing outside of a house you want or sitting at your dining room decided if you should sell now or not – reach out to The Caton Team – a trusted Real Estate team who has lived and worked through various different markets and are able to help you make the best decision for yourself and your family.  

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

UNADJUSTEDNONRAW_thumb_2d1c6


 

Helping Kids Prepare to Move

Happy June!  School is out.  Escrows are closing.  People are moving.  This morning I heard on the news that people would rather go to jail than move.  I burst out laughing – I know what they mean.  I see it every day in my career – no one likes packing and moving.  I remeber my last move, which I packed by myself (next time I’m hiring someone). By the time I got to packing my kitchen – I was at my wits end.  I think I broke down in tears over a mound of pots and pans – right after I banged them together in dispair.  I laugh now – but looking back – I can relate to the sentiment.  So today – I thought I would share these articles about moving.  One is dedicated to the kids – the young and young at heart and the other a great moving to-do list.

 

Mindful Moving – Helping Kids Prepare to Move

Moving can be an overwhelming process. When you move with children, regardless of their age, it can be a challenge to stay mindful of the impact on you and your kids. Leaving their old home for a new one, saying goodbye to friends, and disrupting their regular routine is stressful and difficult to handle.

You may not be able to completely eliminate the challenges of moving with kids, but there are ways to minimize the stress that can help ease the process for them. In this first part of our Mindful Moving guide, you’ll find tips about involving your children, visiting the new neighborhood, and packing a moving-day bag.

1. Involve Children in Decisions When You Can

  • Have them help you narrow down the homes you’re considering by house hunting together. If it’s practical, take your children to see prospective houses with you. If you’re searching online, bookmark your favorites so your kids can have a look-see.
  • When you’ve found a house, ask them to map out their new bedroom. If old enough they can draw a floorplan with cut-outs of their bedroom furniture that they can move around, and let them choose a new paint color. Create a mood board with colors and favorite pics of bedrooms on a sheet of construction paper.
  • Ask for their input on, for example, their top three choices for new wall color or new carpet in the family room.
  • Let the kids pack a few of their own moving boxes with their special items to be unpacked first, like their favorite stuffed animal or Nintendo game. Explain that it may take a week or two for all of the moving boxes to be unpacked, so they should keep everything that they want close by in their “special” box. They can even customize the moving box labels with their names, and for younger kids, let them decorate their boxes with stickers—they’ll love it!

2. Visit the New Neighborhood Together

Sometimes, circumstances or distance makes it difficult to visit the new neighborhood with your kids before moving day. But if you can, plan a visit that includes taking a walking tour of your new neighborhood, the downtown area, and their new school.

Before you visit, buy a copy of the local newspaper or its online site to find out what kids-oriented activities are happening during your visit. A visit to the local sports field or recreation center or library may help get them excited about their new town.

3. Pack a Moving-Day Bag

As a surprise, pack a special bag for each child with snacks, games, and toys. Maybe even mementoes like pics of their old home, friends, and school as keepsakes. Bring it in the car (or plane) with you to help them focus on positive memories rather than leaving their old home.

Once you’ve arrived at your new home, let your child unpack their special bag and set out a few personal items in their new room and make sure you have that floorplan ready of their room so the movers know exactly where to put everything.

Especially with young kids, minimizing change is essential. Try to keep things familiar by maintaining the same morning and bedtime routines, and maintaining family traditions like Tuesday taco nights or Saturday family movie nights. You won’t be able to keep everything the same, but the little pieces you preserve in the transition can make a world of difference.

 

MOVING TO DO LIST

Moving To-Do List

Moving to a new home can be exciting as well as stressful with so much to do and remember. Use this checklist to get all your ducks in a row and make your move as smooth as possible.

2 Months Prior:

  • Get organized. Keep all the items related to the move, such as receipts, quotes, and insurance documents in one area such as a drawer or binder.
  • Know the rules. If you are moving because of a work transfer and are receiving a relocation budget, understand your company’s moving policies and rules to limit non-covered costs.
  • Research. Compare at least three moving companies, noting price, availability, and included items vs. extras. Request an on-site estimate when available for a more accurate quote.
  • Document damage. When moving a long distance where you’ll be relying mostly on the movers, document any noticeable furniture damage with photos. Discuss what coverage the movers have in case damage occurs during the move.
  • Inventory. Make a list of your valuable items. Note any items that will require special packing or extra insurance coverage and make arrangements accordingly.
  • Separate. Sort items into four or five piles: keep, donate, recycle and toss. If you have enough items that you’re getting rid of to justify a garage sale, make a fifth pile for selling.
  • Transfer records. If you have kids in school, go to their school and arrange for their records to be transferred to their new school district.

1 Month Prior:

  • Hire. Now that you’ve researched movers, it’s time to hire. Make arrangements for other things that will need to be moved, such as cars if you do not have enough drivers to transport them to your new home.
  • Stock up. Purchase packing supplies such as tape, boxes, labels, and moving paper.
  • Sell. If you’re going to have a garage sale, now would be the time to do it.
  • Inspect. Make sure all inspections are being done on your new home and arrange to fix any problems that arise before moving in. If your new home comes with any systems that may not fall into a standard home inspection, such as a built-in surround-sound or high-tech pool equipment, arrange for a specialist to inspect these items before you take ownership of the home.
  • Take measurements. Measure rooms in your new home, if possible, to start creating your new furniture layout. You’ll also want to measure door openings to ensure furniture will fit through, or start getting creative.
  • Get a head start. Start packing things that you won’t need in the next month, such as seasonal items, spare closets, and basement or attic items.
  • Label. Clearly label each box with the room it should go to for an easier moving day. Keep anything you’ll need right away in a separate box and make sure it is easily identifiable.
  • Make a plan. Create a packing plan, ensuring everyone in the family knows their job. Plan the order in which you will pack up each room and when it needs to be completed by.
  • Make another plan. Create a plan for your family and the movers of what will go where in your new home. Most movers will only place furniture once and will not rearrange if you do not like where you originally told them it should go, so plan carefully.
  • Request time off. Depending on your job, it is a good time to ask for a few days off from work to ensure you have ample time to pack, move, and unpack.

2 Weeks Prior:

  • Confirm. Confirm all the details of your move with the movers, such as date, time, and expectations of what special items you may have, such as a piano or pool table.
  • Change your address. Forward your address through the USPS to start the day of your move.
  • Utilities. Make the arrangements to disconnect or transfer your current services and utilities, such as cable, internet, phone, water, gas, and electric. Arrange for service to be connected at your new home.
  • Make a list. Take a few moments and write down everyone who has your address so that you can notify them of your move. Along with your family and friends, this list should include bank accounts, credit cards, investment accounts, doctors, cell phone provider, tax forms, voter registration, and of course the DMV.
  • Clean. Clean any areas that you’ve already packed. Plan to clean the rest of your old home, or make arrangements to have it professionally cleaned. If the previous tenants of your new home haven’t do so already, you may want to arrange for your new home to be cleaned and painted before your arrival.
  • Financial arrangements. If you are moving to an area that will require you to switch banks, make sure any outstanding checks you’ve written have been cashed. If you have a safety deposit box, remember to clean it out.

1 Week Prior:

  • Pack, pack, pack. This is when the bulk of your packing should be done. All of your drawers, cabinets and closets should be mostly cleared, leaving only essentials out. The kitchen usually takes the longest since it is full of delicate dishes and glasses, so you’ll want to get this done early. Remember to clearly label any boxes with breakables with “fragile”. For an easier move, pack all dishware and use paper plates and plastic silverware. Plan to eat out a lot or order takeout during this last week in your home.
  • Dispose of hazards. Don’t move with hazardous or potentially messy materials such as paint, oil, and weed killers. Drain fuel out of mowers, ATVs, dirt bikes, and discard propane tanks from grills.
  • Arrange payment. Most movers will require a credit or debit card to hold the appointment date. If you would prefer to pay by cash, money order or check, ensure the mover is expecting that so that your card doesn’t get accidentally charged. Also, you’ll want to plan for a tip the day of the move. Typically, a good tip is 10-15% of the total cost of the move, which is usually about $20-25 cash tip per mover for an easy move, all the way up to $100 for a particularly long or difficult job.
  • Pack a survival kit. Pack a bag with items you will need during the move and immediately when you arrive at your new home. These items should include toilet paper, a few dishes, glasses and silverware, toiletries, towels, and a change of clothes. If you’re moving long distance, prepare for the scenario that your items may take a few days to arrive.
  • Pack a cooler. One of the last things people think about on moving day is eating and drinking, but you, your family, and the movers will undoubtedly get thirsty and hungry. Plan ahead and pack a cooler with bottled water, snacks and a few sandwiches for moving day.
  • Clean. If you don’t have a professional cleaner coming in, you’ll want to do the bulk of your home cleaning a few days before the move. Thoroughly clean windows, floors and carpets, counters, appliances, bathrooms, cabinets and closets.

Moving Day

  • Double-check. Double-check everything you’ve scheduled to happen on moving day is going to go according to plan. Confirm arrival times with the movers, house cleaners, and utility people such as cable and gas. If you don’t already have the keys to your new home, check when you can pick them up. Ask when your utilities will be shut off at your old home and turned on in your new one.
  • Contact information. Make sure each of your movers have your contact information, exact moving address, and maps if needed. Keep the mover’s direct number with you in case you need to call them during the move.
  • Paperwork. In the hustle and bustle of moving day, it may be tempting to sign something without reading it first. Read all paperwork the movers ask you to sign carefully, including the Bill of Lading, waivers, and any inventory list they provide.
  • Extra packing material. Keep a few boxes and a roll of tape handy for any miscellaneous items you come across.
  • Direct. If you’re too busy during moving day to be present in your new home, designate someone else in your family to be there the whole time the movers are there to tell them where to put boxes and furniture. It may be a good idea to lay out plastic across any carpet to prevent stains.
  • Final walk-through. Do one last walk-through in your old home to make sure you haven’t overlooked anything, opening every drawer, cabinet and closet. Keep a few cleaning supplies with you, like all-purpose cleaner, paper towels, and a vacuum for a last minute touch up.
  • Cash. Be sure to have enough cash on hand for the move for tip, and a little extra for food and last minute items.

After Unpacking

  • Safety first. Make sure you have all necessary safety precautions in place in your new home. Locate and test fire extinguishers and detectors, change the locks, and change the alarm code – if there is one.
  • Check your list. Compare your inventory list of what you packed to what you unpacked to ensure everything made the move. If you notice any damage to your furniture or other items, compare it to the photos you originally took and contact the moving company if necessary.
  • Update. Refer to your list that you created of everyone who needs your change of address and update them.
  • Deposit refund. If you’re moving from a rental, make sure you follow-up with your previous landlord about your security deposit and when you can expect it back. Some moving companies also require a moving deposit to hold an appointment. Make sure you’ve gotten that returned or know when you can expect it.
  • Repairs. Complete quick repairs that need to be done, including changing light bulbs, fixing light switches, touching up paint, etc.
  • Sit back, relax, and enjoy. You’ve earned it. Take a load off and enjoy your new home!

 

I read this article at: FirstAm Home Warranty

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

 

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

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