Have A wonderful Holiday Season

It’s hard to believe the Winter Holidays are here, which means the New Year “2009” is right around the corner.  The year 2008 will long be remembered in History Books as a year of challenges!

 

If you have the cash and the strong credit rating – this is the real estate market for you.  Loans up to $625,000 are definitely more accessible than the Jumbo’s, however, Jumbo loans are out there. It just takes a professional with the expertise in arranging and placing loans to guide you through the process.  Please seek advice from a professional loan/mortgage broker.  Contact me for recommendations of long time trusted individuals who do just that!

 

There is no shortage in the number of homes & condos for sale…so you now have an opportunity to make a pretty good deal on an investment for the future.  Some areas have many foreclosures and/or short sales, and yet there are other areas with very few…time will tell.  We just have to watch the real estate market as it continues its adjustment.

 

And that’s exactly what I do and have done for over 25 years, actively selling properties for my clients for their personal use and investments, and helping them to buy the home or investment of their dreams. 

 

My Office is in Brentwood/West Los Angeles and I live in the Sherman Oaks area of the San Fernando Valley… I am prepared to offer you the highest quality in professionalism, commitment and the full service real estate that you deserve. 

 

Every morning I take a few moments to be grateful for the good things in my life, for the love of family & friends and I ask you to please join me in giving thanks to the brave men & women who are defending us 24 hours a day, at “home” and in places foreign to them, so we can enjoy a sense of peace, security and freedom here in the USA.

 

It gives me great pleasure to extend my very best wishes to you and those who are dearest to you an especially warm, healthy and happy Holiday Season and a very Happy New Year.

 

 

 

Help for Homeowners Facing Pre-Foreclosure

In California the Department of Real Estate put out an article that homeowners facing pre foreclosure/Notice of Default need to be made aware that they are easy targets by third party companies who ask for advanced payment to help the homeowner workout loan modification with their lender.  California Civil Code Section 2945, regulates “foreclosure consultants”, which would be anyone who considers themselves to be defined as a “foreclosure consultant”, including a real estate licensee.  The code forbids them from collecting any fees in advance for services they may offer Homeowners if a Notice of Default has been recorded against their property. With a Notice of Default issued by a lender, Homeowner should be warned to not pay advance fees for help offered by third party companies.

Homeowners should be advised to seek out the non-profit agencies that can assist these homeowners without charging a fee and real estate brokers who can represent the homeowner for a fee paid after they have completed their work.  There are programs that will go in effect the  middle of October - There is Hope!