We all know that real estate is one of our biggest investments, but we often forget to put any focus or planning on our goals. Here are a few simple guidelines to help you get the most out of your investment in 2012.
Review your goals. What are your real estate goals? To live mortgage free? To own multiple properties? To reduce your maintenance? To move to a better neighborhood? Once you’ve taken the time to outline your goals, sit down with your realtor and do an annual real estate review to make sure you are on the right track.
Save money on your mortgage. Mortgage rates are at all time lows and you may qualify for a better mortgage rate. Credit terms are still tight, so take the steps you need to take to make sure you qualify for the best mortgage rates on any property you do own.
Get involved in your community. There are so many ways to make your neighborhood great. Make a little effort to invest in your community this year and watch how it pays off in ways you can’t even put a price on.
There are lots of ‘real estate predictions’ floating around at this time of year, but these three simple strategies will keep you focused and moving in the right direction no matter what happens in the year ahead.
If you’d like some input about our local market here in North County – whether San Elijo Hills, Carlsbad, Encinitas, La Costa, San Marcos – we’re happy to provide a complimentary market update. Or to learn how much your home is worth, contact us here.