An Important Note to California Real Estate Agents

[marindependent]

To All California Real Estate Agents: Please inform your clients buying properties to first research and understand the California Property Insurance market. $700 home insurance policies are NO MORE. $7,000 are more the norm.

The current property insurance market in California has been termed the hardest market in a generation.

If you are unsure how to do this best, call up some real estate agents in Florida and ask them how they handle it.

Thank You

 

[Al3x Lee]

Oh you haven't seen all of the real estate influencers posting on social media? Rates have cooled off to 7-8% , it's the perfect time to buy a house. People used to pay 18%, use the difference to cover your insurance premiums. Badabing

Follow me for more money tips

 

[shawnmwalker]

When we moved to Frisco, TX we were going to buy a 5k sqft house. Until the realtor mentioned it would cost about $500 a month to Air condition the home. So we bought a 3,500k sq/ft home instead.

 

[Al3x Lee]

When we moved to Frisco, TX we were going to buy a 5k sqft house. Until the realtor mentioned it would cost about $500 a month to Air condition the home. So we bought a 3,500k sq/ft home instead.

I'm curious how much a 5K sq/ft goes for in Frisco. Out here it would easily be north of a million

 

[shawnmwalker]

Back then....300k- 350k.

 

[Markthebroker]

I'm curious how much a 5K sq/ft goes for in Frisco. Out here it would easily be north of a million

I remember when I bought my 1br condo in the SF Bay Area, a friend of mine bought a 4br palace in a double gated San Antonio suburb for roughly the same price.

 

[shawnmwalker]

I remember when I bought my 1br condo in the SF Bay Area, a friend of mine bought a 4br palace in a double gated San Antonio suburb for roughly the same price.

Truth!!!!!! (TX is So cheap and So nice) The Bad part there is nothing to do but consume. (Food, shoping, etc.)

Come to Denver. 500k does not get you a starter home. Keeps you humble.

 

[Markthebroker]

Truth!!!!!! (TX is So cheap and So nice) The Bad part there is nothing to do but consume. (Food, shoping, etc.) and they all think they are Ballers cause they live in mini mansions that cost 500k.

Come to Denver. 500k does not get you a starter home. Keeps you humble.

I very much enjoyed my visits to Tx. I love the people, the culture and the food. Not the heat. I do not like that heat. Everything else about it is awesome, though.

 

[shawnmwalker]

I very much enjoyed my visits to Tx. I love the people, the culture and the food. Not the heat. I do not like that heat. Everything else about it is awesome, though.

I grew up in San Ramon! We are practically brothers!

 

[Markthebroker]

I grew up in San Ramon! We are practically brothers!

Lolz. Of course.