Chic vs. Geek: Trees! Trees! Trees!
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Maybe it’s just the holiday season, but we seem to be having a lot of run-ins with trees recently.
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Chic vs. Geek: Proposition 19
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The votes have all been counted, and Prop 19 has officially passed. So what does that mean for homeowners – and homebuyers?
Read MoreA gentle reminder to be prepared
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Did you feel it? Earlier this week, we were mid-conversation at a listing appointment in Milpitas when we felt a little jolt. Turns out it was a 2.1 magnitude earthquake! But even though it was just a "baby" quake by California standards, it was a good reminder to be prepared:
Make sure tall dressers, cabinets, and furniture are secured to prevent them from tipping over. Water heaters should also be tied or bolted in place. While you're at it, bring all of your appliances and utilities up to code. And don't forget to keep emergency supplies of potable water and non-perishable food in multiple places — especially water!
Need more tips? Let us know in the comments or send us an email.
Chic vs. Geek: Being Prepared
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With wildfires in our backyard and a hurricane on the Gulf Coast, disaster insurance sounds like a good idea.
Read MoreChic vs. Geek: Second Homes
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Typically, a second home is used as a vacation home, though it could also be a property in a place that you visit on a regular basis, like a condo in a city where you frequently travel for business. The rest of the year, it could be leased out to generate additional income.
Chic (Pearl)
Second homes, especially vacation homes generally retain or appreciate in value simply because they are located in popular areas with limited housing supply. They have potential for creating personal enjoyment as well as income. And they can also provide convenience and comfort. Whether your goal in buying a second home is recreation, vacation, investment, development, or retirement planning, it’s important to understand local taxes and laws so you know the financial implications. Here’s a good resource.
Geek (Kevin)
The idea of a head start on retirement and access to a vacation home is very tempting. But the inherent inflexibility of visiting the same property over and over makes me think twice. A second home makes sense if you found a place you love that’s like a second home, where you and your family want to be for long periods of time. Personally, I like to keep my travel options open. As usual though, Pearl’s right: If you’re looking into a second home, you might be able to collect a little rent, but you should double-check the local laws.
