Strock Real Estate

Fire insurance is a requirement for anyone who has a mortgage. So, in short, if you have a loan, you must have fire insurance. Additionally, the California FAIR Plan requires that fire insurance be available to all homeowners - even if you live in a high-risk area. On average, fire insurance costs $1,000 - $2,000 a year, based on the cost to replace the structure.

You’re probably expecting us to quote a bunch of flashy statistics, conduct a deep dive into historical Real Estate trends over the past 100 years, and factor in major events like COVID-19. The real, honest answer is much simpler than that: can you afford the monthly payment? If you’ve found your dream home, you love the lifestyle it provides, and you can afford the monthly payment, it’s the right time to buy my friend.

Great question! The short answer is that there is no way to predict how the market will move - you should only make decisions based on what the market is doing now. Buying real estate should be viewed as a long-term investment, especially when the cost of acquisition of a home is 7%; this makes it difficult to come out on top when selling within a year of purchase. The Real Estate market isn’t like the Stock Market, where you may hold shares for a few months, weeks, or hours. As a long-term investment, you should be focused on making your choice based on your ideal lifestyle or establishing additional cashflows via an investment property. If you are comfortable making the monthly payment, see solid returns on your investment, and enjoy the lifestyle it gives you, you should make the purchase.

Great question Emily! Actually, we are able to take that entirely off of your plate with a process we like to call Strockifying your house. After working with home owners and coordinating with contractors over the years, we have a trusted roster of prefered vendors who we have great relationships with. Our project managers oversee all renovations from start to finish, then our stagers come in and put the finishing touches on the home. You really don't have to worry about a thing! Give us a call anytime to learn more at 831-688-9800.