1.27.2012 – REAL Estate

If you have money to invest you are certainly feeling cautious as to where to put it. Today’s economy seems to bring a higher level of unpredictability. Regardless of the market however, real estate is still esteemed as a good investment.

Investing in something tangible means security. Real estate provides real collateral. If I had a choice between a stock certificate and a house, I would hands down choose the house. We have all lived through stock market crashes. I found this list compiled on Wikipedia.com to be interesting. It dates back to 1720 and includes last summer’s drop, which is still effecting today’s market.

List of significant stock market crashes from 1720 – 2011

What does a bull have to do with money again? Invest in REAL estate. Leave the bull for someone else.

For more information about Source Capital’s private investment opportunities, contact Sacha or Pat at 858.705.6144. It’s called REAL estate for a reason.

1.26.2012 – Shop Online

We all seem to be overwhelmingly busy these days. Rushing from here to there. Multi-tasking whenever possible. Trying to satisfy all of our commitments, while still fulfilling our personal goals. This fact has motivated us as a society to find ways to save time, however we can. Shopping online is one time saving technological advance that has infiltrated many industries. Even real estate!

Shop for a home while enjoying your morning coffee.

You may not actually be able to pull out your high balance credit card and purchase your new home online, but REALTOR.com gets you started. This comprehensive website allows you to do your initial research on your schedule. Instead of wasting time jumping from website to website to see who has what, just enter your desired location and criteria and view at your leisure.

This site appears to list residential only. Although it may not include every single property, it has enough to keep you busy for some time. It is actually the Official Site of the National Association of REALTORS. So I think they have some connections. They capitalized realtors, so I did too!

Shop for your house online at REALTOR.com!

Once you find the home you want, contact Sacha or Pat at 858.705.6144 if you need help with funding. During your complimentary consultation with Source Capital, you will learn what you need to in order to purchase your property.

1.25.2012 – Thank You

We all need to make a living, but at Source Capital it is about more than that to us. Being in a position to help individuals and families achieve their dreams, especially in our stressed economy is truly fulfilling. All of us on the team love what we do!

We appreciate our clients and are always glad to hear from them. Here’s a letter we received from a family who recently purchased a house. We’re so happy they can enjoy the new year in their new home!

We can help you and your family too!

If you are ready to find out what your options are, contact Sacha or Pat at 858.705.6144. Remember, even if you have imperfect credit, a previous bankruptcy, or even a foreclosure you may be eligible for a loan with Source Capital. You’ll never know till you try. Give us a call and you may be in your dream home in the new year too!

1.24.2012 – The Right Time

In life we often hear people say they are waiting for the “right” time to do something of importance. There are different philosophies associated with this thought. Some believe there is an actual “right” time, while others believe we have more of a hand in our destiny.

Whichever way you tend to lean, I can’t imagine any argument that the time to buy property is now. You may not be in a position to buy your dream home, but choosing to buy something now will allow you to take advantage of the market and invest in your future. What you buy now may be a step to eventually getting to your dream home.

Buy portable chairs or a home with a view? One is cheaper. One is an investment.

Whether you are looking for a stepping stone investment, a fixer-upper, commercial property or the long term home of your dreams, now is the right time. The article at the link below gives a forecast of this year’s real estate market in California confirming the advantage will remain on the side of the buyer.

California Real Estate Market Forecast for 2012

Source Capital is available to help you make your purchase. If you have been unable to get funding from a bank, contact Sacha or Pat at 858.705.6144 to learn what you need to do to take advantage of this very right time.

1.23.2012 – Park It

Some investments are slow to return, while others can be immediate. Purchasing multi-family housing properties can put money back in your pocket the very first month. You can then continue to earn money back every month thereafter.

When considering this genre of real estate, you may envision apartments and condominiums. But what about mobile home parks? They need buyers too! I found the Mobile Home Park Store website that makes shopping for a park easy. They have the available properties listed by state. Below are links to Mobile Home Parks currently available in Arizona and California.

Mobile Home Parks for Sale in ARIZONA

Mobile Home Parks for Sale in CALIFORNIA

Source Capital handles loans in Arizona and California, two of the states listed as having the  largest number of mobile home parks for sale. Does all this talk about buying multiple family housing sound good to you? Maybe it does, but you feel discouraged by previous experiences.

If a bank has turned you down for bad credit, bankruptcy or even a previous foreclosure, please know you have not reached the end of the road. Or maybe you’ve been promised financing that fell through and you have just days to make it happen. Don’t give up! You’re talking Source Capital’s language. Once you find your dream park or other property, contact Sacha or Pat at 858.705.6144. They will work to help you get the funding you need.

1.20.2012 – Arizona Heat

With the uncertain economic period we are experiencing, many are hesitant to do anything with their money except hold on to it. I thought this article was reassuring for those interested in investment opportunities. It sheds light on the improving real estate market in Arizona, highlighting both residential and commercial properties in the Phoenix area. The sun isn’t the only thing that’s hot in The Grand Canyon State! 

Arizona Real Estate Investing News for 2012

The Grand Canyon makes a great vacation destination, and an even better backyard.

Source Capital handles loans in Arizona and California. If you are looking to purchase or become a private investor, contact Sacha or Pat at  858.705.6144. If there is a topic you would like me to blog about, send me a tweet or message via Twitter @sourcecapital. Happy Friday and have a great weekend! – Sindi


1.19.2012 – Got Money Under Your Mattress?

Although some were previously in denial, we all now know the United States is not a financially secure country. This, of course effects all of us living here. We hear stories of a potentially bankrupt Social Security system, which is troubling. Social Security has always seemed like a given. Something we, as Americans could rely on. There are debates on both sides. Some argue that the system is already failing, while others try to reassure us by discrediting skeptics. Even with Social Security, more and more people are realizing it alone is not enough.

The future will come, whether we are ready for it or not. Taking responsibility for ourselves and our financial health is crucial in these unstable economic times. With less companies paying into 401k plans and employees losing their jobs and potential pensions or taking early pay outs, financial security into our golden years is less certain than ever. Who will take care of us if our money or the government’s Social Security funds run out? There is no guarantee any of us will be taken care of. That is why investing as much and as safely as possible is essential.  

They may be good watchdogs, but there are more secure places to put your money.

When looking for a place to invest, many turn to the stock market. This is terrifying to some. With the recent devastating crashes, the stock market has less supporters. Below is a link to an article on our failing stock market. Although some still invest in it, it is sometimes simply because they are unaware that other, more secure options exist. I imagine that the last paragraph of this Reuters article, mirrors what a lot of investors are feeling. They want to invest, feel the stock market is not a good investment, but don’t know what other alternatives are available. 

Stuffing our cash under the mattress certainly won’t make it grow!

Losing Faith in the Stock Market Article

If not the stock market and not under the mattress, where should we put our money? Private real estate investing is a well respected option, more are delving into. Regardless of the market, Americans continue to buy residential and commercial properties. Contact Source Capital at 858.705.6144 to learn more about this proven long term investment plan. Taking important steps now, will help secure your financial future.

1.18.2012 – A Yard for Fido

I’m an animal lover. My life is blessed with a big dog full of love. Whenever it is time for us to find a new place to live, the challenge begins. Not only will I be looking for a new home, but I am faced with the reality that not everyone wants to rent to those of us with pets. Those of us with large dogs and multiple pets have an even tougher time convincing landlords that our companion animals aren’t like that! I love the apartment ads that read, “pets allowed.” Then in the small print, “must be under 20 pounds!”

Along with size and number limits, if you have certain breeds you may need to consider sleeping in your car. Akitas, Chows, Doberman Pinschers, German Shepherds, Pitbulls, Rottweilers, Siberian Huskies, and other deemed potentially “dangerous breeds” are not allowed in some rental residences. Owning your own home obviously takes away this added stress.

When you own, you get to decide who lives with you, whether two legs, four legs, talons or fins! You also have the power to choose an environment fitting for you and your pets. Whether the important criteria is a large, secure fenced yard or a one story rambler to accommodate senior companion animals.

You’ve probably heard it said that this is the time to buy. It really is. The market being on the upswing is a good sign for buyers and investors. The prices are, however still extraordinary. If the bank has turned you down, a private lender might be the answer, so you can take advantage of the current market status.

Okay. So let’s imagine that you have secured financing and are ready to start planning your housewarming party. What about insurance? Dog liability coverage falls under the umbrella of your home insurance. Did you know that some insurance companies won’t insure you if you if you have what some may consider a “dangerous” breed. There are breeds, which are simply blacklisted by some companies. Anything can happen. Not just dog bites. The friendliest of dogs can cause damage to property. An exuberant dog may knock down a child when saying hello or injure a fellow dog when playing too rough. For safety and peace of mind, dog liability insurance is a necessity.

As someone active in the San Diego County pet community, I am happy to report that one company stands apart. Einhorn Insurance will not refuse coverage based on dog breed. They are active with various rescue groups throughout southern California and oppose breed discrimination. Check them out at the link below.

Einhorn Insurance will insure your home no matter what kind of dog you have!

Contact Source Capital with your investment and funding questions. We want to help you purchase that special home with just the perfect yard for Fido. If you want to say hi to me directly, message me on Twitter @sourcecapital. Thank you! -Sindi

1.17.2012 – Get Returns Like a Rock Star

Imagine walking to your mailbox and pulling out an unexpected check later this month. Then doing the same next month and the month after. What if in order to get that check you didn’t have to do any hard work. No stressful negotiations or other problematic situations. If this sounds good to you, you may want to consider becoming a private real estate investor.

I equate being a private real estate investor to being a much sought after professional actress or singer. Hence, Rock Star Returns!

Get returns like a rock star!

Long after a TV show or movie is released, book is published or CD is recorded, money is collected by actors, authors and musicians. After investing their time and creative thought they receive returns in the form of royalties. Similarly, long after lending financial support, a real estate investor also collects “royalties.” The investment firm does all the work. They absorb client’s stresses, fill out tedious paperwork and keep everything organized. You do, basically whatever you want. Regardless, that monthly check will arrive.

With the questionable economy and changing real estate market, some may hesitate at such an opportunity. However, according to a CNBC article not only is real estate an esteemed investment, but the U.S. is slated to top the international market in 2012.

The U.S. Tops as 2012 Property Investment Pick

For more information and a complimentary consultation, contact us at 858.705.6144.

1.16.2012 – Buying a Home

Hello! My name is Sindi Somers. I am excited to be working with Source Capital to help bring you information about the Arizona and California real estate market and investment trends. Like most Americans, I grew up with the goal of one day owning my own home. The article at the link below confirms that despite what happens to the real estate market, home ownership is highly valued and still considered one of the most sound investments.

Buying a Home Remains the American Dream

I want to comment on the point made in the article regarding rental housing playing an integral part in community development. I understand this and validate it is important for overall economic health. However, in regards to my personal finances, I have nothing to show for the thousands and thousands of dollars I gave to landlords in rent over the years. I will never see any return from that money. Renting is always an option, but if presented with the opportunity to purchase, I believe we should.

When the time comes for me, I am glad to know that if I don’t qualify according to a bank’s rigid standards, I will be given a chance by a private lender. If you have questions or would like to see me blog on a particular topic, send me a message via Twitter @sourcecapital.