If you want to make the most the of your Santa Cruz home as an asset, I have one word for you: patience.
If we’ve learned anything over the last years in the real estate market, it’s that get-rich-quick schemes can just as easily turn out to be get-poor-quick scenarios. We are very much back to the good old days of seeing real estate as a long-term investment. And as a long-term investment, it continues to be a solid one.
Here are a few other tips on how to make the most of your largest asset:
• Go long – It bears repeating: long-term ownership is the key. Build equity, allow the property to appreciate and minimize the costs that come with buying and selling property.
• Buyer beware – Before you even enter into the world of homeownership,…