One of the burning questions facing all Californians today is: with Californians self-distancing and “hunkering down” for the immediate future, what will the impact be on our real estate market and investments?  While this pandemic is causing an economic downturn, it hasn’t yet affected home values and most economist are still optimistic with regards to the real estate market in general.

Real estate sales, rentals and leasing are a $445 billion industry in California and has been a major driver in personal wealth for property owners over the past decade.

Seeing the effect of the pandemic on the world economy naturally raises questions regarding other markets, like real estate.  Experts have made clear that an economic slowdown does not equal a housing crisis, nor does it mean a repeat of the 2008 debacle.  There were other economic issues at work during that recession that have been resolved by laws that were enacted since.

What we may be seeing is a longer wait for homes to sell once they hit the market and there may be some lowering of prices, but no major crash is predicted by the experts.  California housing demand remains strong and technology makes it easier to perform real estate shopping and buying online. Some adjustments we might be seeing are that viewing houses and inspections may be done more by appointment and with hyper vigilance for sanitizing, but it will not be impossible.

While we home-bound, this time would be good time for potential buyers to get their paperwork together for pre-approval, and for sellers to get their disclosures completed and begin the decluttering process.  Sellers can also line up the pre-sale inspections and necessary photographs so this time at home is not wasted.

Here at Sun Pacific Mortgage, we are a family-owned and operated business, providing alternative financing needs for over 3 decades.  During these unprecedented times we still continue to provide our services to you! Our loan programs could be the answer to solving your real estate funding problems when other lending institutions are short- handed.  We specialize in fast, short-term mortgages.

Give us a call at 707-5323-2099.  We can handle all the necessary paperwork via phone call and email.  Stay well!

The advice surrounding the volatility of the stock market has included everything from “Sell everything and buy gold, canned goods, and toilet paper” to “This is a tremendous buying opportunity”.

These extreme recommendations do not apply to real estate investing, however.  The best thing for you to do as an investor is calmly follow the disciplined approach you have always used to be successful in the market.

Historically, real estate has proven to have the most risk-adjusted return.

Even if a recession should occur, the real estate market will likely be spared.

With the regulations that were put in place after the last fiasco, loans are more secure and less likely to fall prey to unscrupulous lenders.

Sun Pacific Mortgage allows investors to buy trust deeds that have been thoroughly vetted for their reliability so that risk is mitigated, and investors can feel more secure.  We have been in the Hard Money lending business for over 3 decades and have proven ourselves trustworthy partners to thousands of investors and borrowers alike.

If you would like to pursue a new way to increase your wealth in these uncertain times, give us a call at 707-523-2099.  We would be happy to explain our California only real estate investment strategies and programs to you.