Cut Bait or Fish… this is a home buyer story  

Well that’s an old saying, but has some truth to it. For those who don’t know it means, it means do something or don’t talk about it. I’m thinking that is what you the buyers should be doing.

You know you have been thinking “I should buy a house, the prices are down.” Depending on where you want to buy in Santa Cruz county , they are down 10-30%. Without the benefit of a crystal ball, I’d guess there might be another 5-10%, of downtrend depending on the area, with most of that being in the north and south regions of the county. That does not mean that you can’t go and get that right discount right now. Banks and sellers are willing to sell, so it is time to “go fish.” It is not often we see price declines in this ocean side paradise of Santa Cruz.

Speaking on that topic, one of my favorite fish, salmon is not likely to be fished this year. It is an unfortunate situation that is not well understood as to why there is such a very limited number of salmon in the runs this year. The DFG is likely to cancel the whole salmon fishing season .So from an economic stand point, Santa Cruz fishermen are likely to have the year off. Not something they wanted. Slip rent still is costly as is the rising cost of fuel. It is a very difficult time to be a fisherman no doubt, also because the rock fish have been over fished. Maybe it is global warming that is affecting the sea life as the arctic ice shelf is melting at an unprecedented rate? Recently even Orca killer whales have made it into Monterey Bay because the salmon are scarce in the waters they normally inhabit, in the Washington area.
 
No doubt fisherman love what they do, but some will fall by the wayside, and take other jobs. Others who enjoy what they do, like me, will find a way to keep on fishing, even though things are tough. I have been helping people "fish" the right house in a sea of choices for 20 years. These are times that I see rare opportunity, when others see peril.

Now back to “fishing” for that great deal in real estate. Here are the things that you need to start thinking about as you decide to move from “cutting bait” to “fishing.” Both things are necessary, so if you don’t have enough “bait- down payment”, lets talk and devise a plan and a timeframe. So here is what you need to do:

1. Make sure you have enough bait- save up for a down payment of at least 10%.
2. Check to boat to make sure it is seaworthy- talk with a lender, some one experienced like Woodward-O’Connor Mortgage so there is smooth sailing in the rough seas of lenders.
3. Check you gear- do you have time to go out and troll for the right home now? 
4. Is your skipper and crew ready-Gregg Camp- to help you fish? Yes!
5. Is your navigation and fish finder top notch and in sound order- search easily for the home you want. Yes! 
6. Is the weather right for fishing for that great deal on a home or investment vacation rental? Yes
7. Then it is time to "go fish" for a great deal on a home or condominium or investment vacation house.

Well then call for an appointment and lets get started before the other fisherman catch your fish and the one you wanted gets away.  Call Gregg at 831-818-7524.