Smart Home Buyer Workshop – Carl Spiteri

Unraveling the Struggle: How Soaring Homeowners Insurance Costs Impact California’s Retirees

California, the land of opportunity and dreams, has been an idyllic destination for many retirees seeking a vibrant and comfortable lifestyle. However, the state’s retirees are now facing a formidable challenge as they witness an alarming rise in homeowners’ insurance costs. As the costs of living continue to soar, retirees are finding it increasingly difficult to protect their most significant asset – their homes. In this blog post, we will delve into the factors driving up homeowners’ insurance premiums and explore the profound impact on California’s retirees. One of the primary drivers behind the surge in homeowners’ insurance costs in

How Reverse Mortgages for Purchase Can Benefit Seniors and Realtors with SRES Designation

As a lending expert in mortgage lending, I have seen how Reverse Mortgages for Purchase can be a game-changer for both Boomers and Realtors with SRES designation. In today’s tough market, Boomers are finding it difficult to purchase a home, and Realtors are struggling to get more sales and listings from buyers. Reverse Mortgages for Purchase can provide a solution for both parties. A Reverse Mortgage is a type of home loan that allows seniors, who are over 62 years old, to convert a portion of their home equity into cash. Unlike a traditional mortgage, the borrower does not have

No one gets out alive

Ok so a subject most folks do not want to dwell on death and what can happen financially after a spouse passes away, dealing with the grief, the loneliness and the financial. Usually, we get involved at this point after a spouse passes. We try to address the issues at that time but what if the financial backstop was handled in advance. Even if you do not have a mortgage today, or feel there is plenty of funds available. Getting a reverse mortgage in advance of a spouse’s death can be a strategic financial decision in certain circumstances. Here are

Have you ever considered getting a reverse mortgage to ensure your surviving spouse has the means to stay in their home after you are gone?

A reverse mortgage is a type of loan that allows homeowners who are aged 62 or older to access a portion of their home’s equity without having to sell or move out of their home. The loan is called a reverse mortgage because the homeowner receives payments from the lender instead of making monthly mortgage payments. This type of loan can be an excellent option for seniors who need extra income to support their retirement or prefer to have liquid reserves as opposed to equity reserves. One of the benefits of a reverse mortgage is that it can help protect

Navigating Your Way to Homeownership: A Guide for Aspiring Homebuyers

Welcome, Embarking on the journey of buying your first home is an exciting milestone in your life. As you step into the world of homeownership, there are essential steps to understand and consider. In this guide, we will explore the path to purchasing your dream home, providing you with valuable insights and tips along the way. Let’s dive in and navigate the process of homeownership together! Assessing Your Financial Readiness: Before diving into the world of homeownership, it’s crucial to evaluate your financial situation. Take a close look at your income, expenses, and savings. Consider factors such as job stability,

Mastering Liabilities: The Key To Financial Security

Managing your liabilities is an essential part of financial planning, and it can have a significant impact on your overall financial well-being. Liabilities are debts or obligations that you owe to someone else, such as loans, credit card balances, mortgages, or any other financial obligation. Assets, on the other hand, are resources or things that you own that have value and can be used to generate income. Examples of assets include real estate, stocks, bonds, cash, and other investments. To increase your assets, you must first manage your liabilities. Here’s how managing your liabilities can help you increase your assets:

Four keys to a Happy Retirement

Retirement can be a fulfilling and satisfying phase of life if you plan it well. Here are four keys to a happy retirement: Financial stability is essential for a happy retirement because it allows you to maintain your desired lifestyle without the stress of financial worries. You saved and invested wisely during your working years and paid down or paid off your home. It’s important to have a realistic budget that considers your retirement income and expenses. You may need to adjust your spending habits to ensure that you can afford to live the lifestyle you desire. Be sure to

Retirement Budgeting: The Start of Creating a Financial Plan

Retirement budgeting is the process of creating a financial plan that takes into account your expenses and sources of income during retirement. It is important to have a realistic retirement budget to ensure that you have enough money to cover your expenses and maintain your standard of living throughout your retirement years. Here are some steps you can take to create a retirement budget: Determine your retirement expenses: Start by identifying your expected expenses during retirement, including basic living expenses like housing, food, healthcare, transportation, and leisure activities. Use current expenses as a baseline and adjust for changes that might

Why Real Estate is a great investment

Home ownership versus renting is a common topic of discussion among people who are looking to settle down. Both options have their own set of advantages and disadvantages, and it ultimately comes down to personal preference. San Diego has a rapidly growing population. According to the United States Census Bureau, the city’s population increased by 6.1% between 2010 and 2020. This growth is expected to continue in the coming years due to a strong job market and a high quality of life. As the population grows, so does the demand for housing. This means that real estate investors can expect

Smart Home Buyer Workshop Webinar

Seize the opportunity to secure financial stability - taking your first steps toward owning a home will provide lasting value to you and those close to you.

Carl Spiteri and his team developed this home buyer workshop course with the first time home buyer in mind.

The home buying process is a very dynamic transaction with many moving parts. It’s important for the home buyer to understand what goes into their offer moving forward to land their dream home or investment property.

In this webinar you will;

Feel reassured that it’s still possible to buy or sell a home.

Know that you’re making a smart decision, no matter what the headlines say.

Equip yourself with the right knowledge to make sound decisions.

Feel confident in your investment choices.

You will be able to rest easy knowing that your home is a good investment.

Carl Spiteri

Read some articles Carl has written.