I was referred to Dawna by a mutual friend when I started looking for my dream retirement beach house in Cayucos. Our journey together took three years with lots of looking and discussions to finally find me the perfect house. I can't thank Dawna and her amazing Executive Assistant Jodi for all of their patience, helpfulness and hard work on my quest to find the perfect home. Both Dawna and Jodi made me feel like they had all of the time in the world for me when I called with questions or concerns. Dawna is always cheerful and such a pleasure to work with. She is very responsive and extremely knowledgeable about the central coast. I highly recommend Davies Company Real Estate for all of your real estate needs. I wouldn't hesitate to use Dawna again and I did.... I used Dawna to sell my Paso Robles home after I purchased my new home. I once again found both Dawna and Jodi to be extremely professional and knowledgeable about the market. Dawna did a wonderful job of marketing my house and went above and beyond until it sold.
- What are your future plans? Do you plan to return to the area and want to move back in to the house? If so, do you expect it will be suitable for your needs at that time?
- What is your property condition? Is it rentable in its current condition or does it need repairs? What repairs will be required if you rent out the property. Get a property inspection to determine condition. The legal required repairs may be less demanding if the property is for sale, instead of for rent.
- How do you feel about being a property manager? Are you up to date on current laws and property requirements as a property manager? Are there professional property management services available? Evaluate the costs of management and how it will affect your cash flow on the property.
- What are your financial consequences? Talk to your tax advisor about the impact to your finances and tax obligation if you are to receive rental income. If you continue to own, find out if you will have negative or positive cash flow. If you sell, how much after-tax proceeds will you get to keep?
- What are local market conditions? What is the local rental market demand for the kind of home that you have, today and in the future? If you sell instead, how quickly will your home sell and what are projections for future value if you were to wait to sell?