Yesterday's Seminar

It was great. moving on....to the next phase of promotion. "WOM" and "F2F".

you ask what is F2F, (face to face), WOM (word of mouth) in your face, hand shaking, smile greeting, short gab,long talk, walk into the room, find some to relate to smoosing...networking. At it's finest,it is the best. Prepare your self..I will find you. and I will love to chat...Not just Real Estate!..The best dont talk buisness but get buisness done...thank you Angelica. we're moving to this next phase of buisness 101.

Good bye 4% loans

Ok we said it was coming...and now the banks are closing in on your pocketbook or wallet, doesn't matter theyr'e coming to take your money because well you can say theyr'e good samaritains?....ok they want to help the community?, no I just remember they got paid (350bil),,,,oh and they paid it all back...nah...They want to keep the powder dry and go in for the kill....am I bitter..no can I say I told you so...no,,,we all knew it was coming...what can we do about it.....really become a better consumer...know what your getting into..dont procrastinate when it is obvisously a good deal and READ...the fine print on all contracts.....be good to your neighbors..smile and say thank you...that doesn't hurt and makes a day go better!


30 Year FRM *
5.42
Jun
15 Year FRM *
4.91
Jun
1 Year ARM *
4.93
Jun

per http://mortgage-x.com/general/mortgage_indexes.asp

Hey Potential cali home owners..

Despite the budget crisis..the state of california has thrown us a bigger, juicer real estate bone...

CalHFA offering 30-year, fixed rate first-time home buyer loans
The California Housing Finance Agency (CalHFA) recently announced it is offering Cal30, a fixed rate, 30-year loan with up to 95 percent
financing. This new loan program is available for eligible first-time home buyers.
In addition to the Cal30 program, CalHFA also offers the California Homebuyer’s Downpayment Assistance Program, which can provide loans of up to 3 percent of a home’s value to assist with down payments and closing costs; the School Facility Fee Down Payment Assistance Program, which provides conditional grants to buyers of newly constructed homes for down payments, closing costs, upgrades, or other costs associated with the first mortgage loan; and the Affordable Housing Partnership Program, a joint effort between CalHFA and more than 300 cities, counties, redevelopment agencies, housing authorities and nonprofit housing organizations to assist with down payments and closing costs.
http://CalHFA offering 30-year, fixed rate first-time home buyer loansThe California Housing Finance Agency (CalHFA) recently announced it is offering Cal30, a fixed rate, 30-year loan with up to 95 percentfinancing. This new loan program is available for eligible first-time home buyers.In addition to the Cal30 program, CalHFA also offers the California Homebuyer’s Downpayment Assistance Program, which can provide loans of up to 3 percent of a home’s value to assist with down payments and closing costs; the School Facility Fee Down Payment Assistance Program, which provides conditional grants to buyers of newly constructed homes for down payments, closing costs, upgrades, or other costs associated with the first mortgage loan; and the Affordable Housing Partnership Program, a joint effort between CalHFA and more than 300 cities, counties, redevelopment agencies, housing authorities and nonprofit housing organizations to assist with down payments and closing costs.
More info
http://www.calhfa.ca.gov/about/publications/press-releases/2009/pr2009-10.pdf

my latest craiglist ad is serious....

$250000 / 2br - PreApproved, first time home buyer (Los Angeles)

Skin in the game...Heard the expression before..you know what it means????..# 1 question you ask your self is Am I ready to purchase a home???, DO I have a down payment?("skin in the game") # 2 question you ask yourself...Am I pre approved?..# 3 question how important is it for me to accomplish this goal ?...I asked how important is getting the deal done, finished, door open, key in hand. Laugh but it's the essence of this advert. I'm so so serious...So many aren't. Why waste your time if you're not all the above. I'm the Facilitator, you need me I need you on my team...are you ready, Pre Approved first time home buyer? I have homes in all income ranges to show you anyday sunday through saturday...You wanna deal,you wanna finish this goal?...I know it's fustration dealing with going out looking, waiting, emotions up and down. I know, I know. but like a great team, you need a captain. Hire me. I will be there to answer your questions, show you the properties that meet your expectations and help you decide which one you want, that's worth the wait, the time, your and mine effort to make this as simple as possible. to make buying your home a good experience.

I'm adding this to the blog...

Oh by the way...the current intrest rates are low but are creeping higher...just a little every day, which means the banks are slowly reducing the amount of house (loan amount) you may qualify for.

From http://mortgage-x.com/general/mortgage_indexes.asp
CMT: Weekly Average Yields
Averages of Business Days
Week
Ending
May 29 June 5 Jun 12
1 Month 0.148 0.086 0.090
3 Months 0.160 0.150 0.188
6 Months 0.300 0.290 0.314
1 Year 0.485 0.496 0.556
2 Years 0.953 1.024 1.356
3 Years 1.472 1.586 1.962
5 Years 2.382 2.582 2.884
7 Years 3.137 3.308 3.530
10 Years 3.588 3.696 3.888
20 Years 4.465 4.546 4.672
30 Years 4.480 4.542 4.678
Year
Week 2009
# 22 2009
# 23 2009
# 24

tax incentives are hard to get?????

I heard that the tax incentives..the $8000 tax credit is real...whether you can use it as part of your down payment....drum roll.........no. no. no. deny by most lenders because it is way too much hassle and paperwork and for what the goverment wil pay lenders to do it, I think it's 200 bucks.. its just not worth it for them to process it as part of your downpayment...and maybe even the closing cost...lenders c'mon your in the buisness of lending money to make money..a little forthworthness and faith in the goverment for which you have taken the tarp money from should atleast help the people help them get homes. It's our community and it does take a village including the butcher, the baker, the banker!

I need your help...

Ok, ok this is the real deal…how many people are really looking to take advantage of the $8000 tax credit $10,000 new construction credit ? You know if your ready to move I can help you find that home where more memories will begin to change your life.

I have taken the time to locate several homes in the first time home buyer category if your house hold is in the 50-100k income range… start with me, because the home you buy today won't be your last, when your ready to move to a nicer home,I will be there.

I have also located homes in the second home or additional home category up to about 500- 1 million range..I can help you buy that home too….yes it’s a great time to buy with home prices down in some areas almost 40% from 2006 levels but you need someone out there looking and I'm here to help you.

I’m a Real Estate life coach, I can cheer you and be there to answer your questions anytime….