BR's RE BLOGATERIA!

Late last week Los Angeles County was added to Lenders declining values list. While in the short term this appears to be a negative, if your a buyer with good credit and any kind of down-payment this means opportunity! The deals are still happening, not at the breakneck pace of a few years ago, but good people are finding good homes at good values.

If you have equity and want to take advantage of an opportunity to grow it exponentially, Linda has a new program with her partner Mcquaire Mortgage that isn't for everyone but can make a huge difference in you future. Check out the video and give Linda a call.

http://www.macquarie.com/us/acrobat/mmusa_video.swf

There are opportunities all over Los Angeles at the moment. Give us a ring (310) 200-2691 Bob, (310) 480-6155 Linda,  if you have any questions on anything your seeing out there or email,  info@yoursbl.com. We work late so you don't have to.

Your always going to have a few in every category that just don't get it. They watch info-mercials about quick foreclosure deals and no money down, etc.

While this is technically possible, anyone that is successful doing it will tell you its a full time job and the information isn't always easy to come by. Ultimately Good credit and a Down-payment of any kind usually wins. We always hope the information we provide you helps you get the best deal possible. By the way since it's rain here like cats & dogs, this is a really good time to get out there and check out that house your thinking of buying. It's always a good idea to see where all the water's going before it's too late.

It's still a buyers market for a few weeks more but there are an increasing number of multiple offers finding there way back into the system all over california, so the is a short surge at the present time. The fence sitters may have waited to long for some of the great opportunities here in the Southbay but around Los Angeles there are pockets of amazing deals, still available.

The Good News is the next generation of refi's should stimulate this market in a very good small business way, so GET ON THE PHONE AND GET SOME SAVINGS as soon as the conforming rates change. Save yourself money, build your equity faster, build your future.

Too many of Seller's still just don't get it and the reality is, they fail to understand the concept of Opportunity Cost .  Click on the link for the book definition, but simply put, everyday you don't sell that house because of unrealistic expectations is another day you don't have an opportunity to invest YOUR MONEY in to something that produces a profit.

Take a look at what kind of remodeling brings the best returns:

2007 Cost vs.Value Report

http://www.costvsvalue.com/index.html

Stay dry and warm this weekend......

Our friends at the Fed and Congress finally found common ground and now it appears the financial markets see this as a good thing. With the stimulus package proposal conforming loan limits would increase from $417,000 to $625,00 OR $725,000 IN certain high income areas (the Southbay fitting that category).  Stimulus May be a Boon for High-Priced Housing

What that mean to you as a buyer, a seller, or a home owner with high priced mortgages is that there will soon be additional options in maximizing your value. If you looking to grow that equity exponentially this is the best economic news you can get.

Get ready for some big action in the markets. A nice way to start the new year. All the more reason to speak to Linda about this really cool program.

http://www.macquarie.com/us/acrobat/mmusa_video.swf

There are opportunities all over Los Angeles at the moment. Give us a ring (310) 200-2691 Bob, (310) 480-6155 Linda,  if you have any questions on anything your seeing out there or email,  info@yoursbl.com. We work late so you don't have to.

Our Washington DC contacts are letting it be known there is strong impedus for the Fed to raise conforming rates from 417,000 to 650,000 which would stimulate both the stock market and the housing sector dramatically.

The opportunities abound when this comes to fruition. Stay tuned as this year gets more interesting by the minute.....  01:13:22 PM

Our friends at CNBC are reporting the same thing I heard earlier in the day so this could have a very interesting effect on the entire economy. Stayed tuned.  05:19:32 PM

Don’t tell me that realtor’s don’t go the extra mile. (really only 250 yards I haven’t been to the gym in a while) I’m on my way out to show smart buyers some great homes and a cute grey bunny runs out in front of the car. I had to go get him so by time I sort of corralled the Wascally Wabbit, 6 more people had joined the chase…. Lynda (the local rabbit rescue expert) tells me that one actually herds rabbits and they have an exploding population on the island at Alondra Park… Go figure…. Good news is, after a lot of lateral herding, (a good workout before playoff weekend) our friend the floppy eared bunny was back with his crew and knoshing on some lettuce later in the day.

Whew....

It appears our friends from the Continent & Asia are here on a shopping spree and looking for bargains with a weak dollar and a stressed housing market. They are definitely keeping me busy and the referral network continues to grow. Our friends in private equity are somewhat over the previous year's hangover and are starting to motivate again. It’s just a matter of time before were all driving on the left, and NY becomes East Dubai. Who's gonna drive the cabs though. (Trump would never let that happen) and what was he thinking firing Tiffany Fallon, that girl is one Class Act!

With all the Fear & Loathing about the presidential primaries along with Citibank, Countywide, and Wachovia laying off their profit generating employees, it appear that word recession is popping up more and more in conversation. It’s not slowing us down any!!  Smart folks are still making sound deals, building wealth, and finding a warm place to rest their heads at night. It’s a great time to get into the market.

It’s never too late to get started and there are NO stupid questions.

Give us a ring 1 (310) 200-2691 or drop us a line @ info@yoursbl.com. We’ll be adding a new mortgage information page, along with some very compelling information on a program that will allow you to exponentially grow your equity. It’s really an exciting program.

IT’S GOING TO BE A GREAT YEAR!!! LET’S GET BUSY…..