Do you Want a Nice Home for Less? Try Manufactured!

September 6th, 2010 by admin
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Do you Want a Nice Home for Less? Try Manufactured!

The process of building a manufactured home is an interesting one, as it starts in the factory and arrives completed on your land. Because a manufactured home is constructed indoors, weather conditions will not affect the building process.

Manufactured homes have a quality advantage over the standard ones; all parts are shielded from the elements during construction. Because manufactured homes are built in the controlled environment of a factory, it’s almost guaranteed that your home is built with materials that were never subjected to any damaging moisture.

The fact that your home is built in a controlled environment is very advantageous, as building with wet materials can severely compromise the structural integrity of your home, lead to expensive repairs, and lower the resale value of the home.

Manufactured Homes – The Positives

One of the best reasons for choosing a manufactured home is that they provide greater design flexibility than is possible with a traditional home. Because of the limitless choices, you will have maximum control over the design, appearance, and functionality of your new home. Things that are commonly added are: sliding glass doors, fireplaces, and various appliances.

It’s as easy as selecting the optional design attributes that you want to include, estimating the price, and then placing your order for your manufactured home. This is in stark contrast to choosing additions and custom designs not included in the original plans for a traditional home. Making these changes can end up being rather costly. For traditional homes, modifications to the blueprints usually require an architect’s design, new floor plans, and new permits (depending on the magnitude or type of modification). All of those things increase the final cost.

A manufactured home can be built three times faster than a traditional home. If you want to save time and money, you should purchase a manufactured home. It meets both of those needs.

Finally, today’s manufactured homes are produced to meet exceedingly high standards. The manufactured home industry faces restrictions and regulations at state, regional, and national levels. Site-built homes usually only have to meet local standards, which can be considerably sub-par to those which are upheld by manufactured home industry.

Buying a manufactured home is oftentimes cheaper and quicker, while still meeting complete regulations and specifications. To explore the possibilities, visit a manufactured home company near you.

The author concentrates more on writes articles about Sacramento modular homes, El Dorado County manufactured home. Bo Von Brockdorff is a retired contractor who has installed many Sacramento manufactured home.

Posted in Southern California Real Estate

Want to Increase the Value of your Home ? Here?s How

September 5th, 2010 by admin
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Want to Increase the Value of your Home ? Here?s How

At the time of this writing (October 2007) the housing market is in a slump nationwide due for the most part to two factors: 1- Overbuilding and 2- people not thinking the prices through and recognizing that the bubble had to burst sometime. It’s like taking an elevator to the top floor and expecting it to keep going.

My family came to Arizona in 2002 from Southern California where the housing market had gone up to a ridiculous level. Homes that sold in 1994 for 0,000 are now priced at 0,000 – and the same is true in many cities all over the country.
If you are planning on selling your home in the near future here are some things you can do that will increase the value of the home. Are there others? Probably. Should you consider all your options? You bet, but carefully because there are some things that can hurt the sale. Here are eight things you can do to increase the value of your home:
A Modern Kitchen
Kitchens are critical. When my wife and I selected our home we recognized the kitchen as the hub that entertaining revolves around. The home we selected has a large open country kitchen. The kitchen is not enclosed by walls. The walls were cut down and counters installed creating a nice L shape and lots of counter space. When we have visitors they can converse with the cook without getting in the way. It’s very homey and lovely.

· What’s important

Solid surface counters and high quality flooring. There are some excellent laminate on the market that are easy to clean and look great.

· Countertops that are good quality and serviceable. There are some new materials that have the appearance of granite without all the weight.

· If your kitchen is enclosed it helps to have a window over the sink. My mom’s home is like that. There is just something wonderful, standing there washing dishes while watching the rabbits and Quail chase one another around. If your kitchen is enclosed like most that’s OK just do something unique that says it’s your place and you are proud of it.
Modern Bathrooms

Today’s buyers are looking for bathrooms that give a little room to move around especially in a new home. This is especially true of the master bathroom. You don’t have to spend a fortune on it after all a bathroom is one of those “functional” rooms. One thing that is important is cleanliness so if you are redoing it use tile that will clean easily and good materials on the counter tops. Good ventilation is most important. With proper ventilation you will have less mildew problems to contend with.

Natural Materials

When I was a young man hardwood floors were the norm. Then came wall-to-wall carpeting that can be hard to keep clean. And now the trend is back to the natural. People love natural materials but there are some excellent synthetics that you can’t tell the difference unless you are an expert. And they are easy to maintain. This type of floor in a living room won’t cost any more than a high quality carpet and pad.
First Appearance

We have all heard it before, you only get one chance to make a good first impression. That is never truer than when a prospective buyer comes to look at your home. That buyer’s first impression will either sell your home or they will walk away. Here are some things to watch:

· Smoking – if you are a smoker then know that no amount of deodorizers get rid of the smell, a smell that you have become used to and don’t notice. When we started looking at homes in Phoenix in 2001 we looked at several who had been owned by smokers. We spent approximately 5 minutes in such a home then left without even making an offer.

· Dirty floors – if your home is on the market act like it and have the floors professionally cleaned.

· Get rid of the clutter. “Pre-pack” as many things as you can (especially knick-knacks and your kids toys that they aren’t currently playing with). Also, take as many family photos off the wall and leave nice clean spaces for people to imagine their own things in. People may say they understand clutter but in the back of their mind it’s a negative.

When my daughter was looking for a place, one home was exceptionally charming on the outside, but so dirty and cluttered on the inside it was a complete turn off. Needless to say this home had been on the market for well over 6 months.

A house that appears well cared for will sell more quickly and for more money. A realtor friend of mine tells me that a good first appearance can add 10% to the value.
A Light, Airy, Spacious Feel

People like space and light and that’s what they will buy. No one ever goes into a dark house and says ‘I love this’. They just don’t.
Good Windows

One major feature are the exposures. Good windows are a must have. And if your home is lucky enough to have them don’t hide them with dark curtains. Hang nice clean white ones and draw them back to let in the natural light!
Landscaping

Good landscaping is a must to entice today’s buyers. Mature trees are worth big bucks to the value of your home. You don’t have to spend a fortune on plants just keep it typical with the neighborhood. The neighborhood where I live has the western yards (you know – rocks). They all have this type of outdoor décor which I believe is great here in the desert, but a few of the homes have absolutely no trees or outdoor plants. How boring! Just a few dollars will add a couple of thousand to the selling price and help it sell quicker.

If your home has grass, keep the yard mowed and free of clutter (tell your kids to park their bikes in the garage). Remember – you want the person to picture themselves “living” there. So keep the clutter down to help them envision their own things in the home instead of yours!
Lots Of Storage

That was one of the major selling points on the home my wife and I bought. Cabinets in the garage, lots of inside storage. Our homes in California had never had enough storage which was typical of older homes, but storage is a definite plus in reselling a home. You can purchase additional shelves for your garage, they are modestly priced and I guarantee they will make your home sell faster. If you don’t have these and your home doesn’t sell quickly consider adding these – they will make a difference.

A realtor friend told me that showing off storage is really just a matter of keeping the home “clutter free.” If you have too many things on counters or above the cupboards, or no doors on the cupboards – this just makes the home seem like it doesn’t have enough space.

References: Dana Dratch article; greenbuilder.com/general/articles/AAS.windows.html

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It’s a Real Estate Boom for First Time Home Buyers

September 5th, 2010 by admin
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It’s a Real Estate Boom for First Time Home Buyers

The subprime mortgage real estate fiasco has created a glut of residential real estate in the real estate market. Foreclosures are on the rise and it doesn’t look like the end is in sight for at least another year. Thousands of home owners are losing their homes because adjustable mortgage rates have adjusted upward and caused increases of monthly mortgage payments so high that the affected home owners just can’t make the payments. It is inevitable, under these circumstances that many homes go into foreclosure and banks have to take them back.

While it is unfortunate that many home owners are losing their homes, the opposite and upside effect is that the real estate market is now a boom for the first time home buyer.

Mortgage interest rates are still low and banks and real estate lending institutions have 30-40 year fixed loans for home buyers. With home values in many areas around the country, such as California, plummeting anywhere from 30-50 percent of what they were a year ago, the market is wide open for buyers who have never owed a home and would like to do so now.

Lending institutions and sellers are very motivated now and are readily lending their ears to home buyers saying “lets make a deal” and deal they will. Here are some of the innovative and sensible ways home buyers can now acquire a home of their own when they are armed with some real estate homebuyer education.

1. Use government grants and loans for down payment assistance.

The federal government in 2003 established the American Dream Down Payment Act. This federal law has allocated 0 Million a year since 2003 to assist with arranging down payments for first time home buyers. This is a good indication of just how serious the government is about helping Americans make the American dream of home ownership come true.

Fannie Mae, one of the many federally supported programs for home buyers has programs such as the MyCommunity Fixed Rate Mortgage. This unique program is ideally suited for the first time home buyer. It provides for low down payment, high loan to value with broad flexibility, including nontraditional credit considerations allowing for the buyer to qualify for the loan. It also has special financial options to serve public servant professions such as teachers, police officers, firefighters and health care workers, and people with disabilities.100% financing is available with 30-40 year fixed rates. Check out the details at http://www.efannie.com.

These funds, in addition to other government funding sources, are made available through federal, state and local government agencies that provide down payment assistance to their citizens on a case by case basis.

Every major city and county has one of these programs. One need only exercise a little initiative and these funds can be acquired. Contact your local housing authority, city managers office or county administration department to find out about them and how to apply.

2. Use non-profit agency down payment assistance

Another little known, but long existing opportunity for first time home buyers to acquire help with down payment assistance is the numerous numbers of non-profit agencies around the country that provide free down payment assistance to home buyers. The Community Reinvestment Act of 1977, enacted by Congress in 1977 and revised in 1995, requires banks located within identified communities to make loans and reinvest the depositors’ deposits within that community.

For decades now and continuing into the future banks have been making huge amounts of funds available to invest in targeted communities. However, the availability of the funds was not publicized in a significant way and many people did not and still do not know about these funds. Many non-profit agencies became aware that they could help in the community revitalization effort by creating a means whereby the banks could channel the funds through various home assistance programs that non-profits created. The non-profits that specialize in this type of program have grown over the years. Some are very large and are nation wide such as the Nehemiah Corporation – www.nehemiahcorp.org.

They get funding from the banks via the Community Reinvestment Act and other funding sources and then provide for down payment assistance and other housing assistance to persons desiring to own a home.

One of the high points of these programs is that the funding is often times not limited to first time home buyers and certainly is not limited to only low income home buyers. This creates yet another source of down payment assistance for the prospective home buyer. Given the numerous avenues of funding to assist in buying a home and the present market swing in favor of home buyers, buyers are now firmly in the driver’s seat.

Roy Landers is a California attorney and real estate broker with over twenty years of real investing experience. He is also a licensed real estate broker in the country of Mexico. He teaches real estate investment strategies through seminars and some conducts free home buyer education courses for first time home buyers. For information visit the website at http://www.housingamericans.com or contact roylanders@housingamericans.com

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Posted in Southern California Real Estate

Why You May Want Healthier Air at Home

September 5th, 2010 by admin
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Why You May Want Healthier Air at Home

Why You May Want Healthier Air at Home

- and How to Get It

 While we worry about smog, worse pollution is closer to home.  In fact it is in our homes.

 As reporter Chandra Shikhar discovered, “more than three decades after the Clean Air Act, the air outdoors is much cleaner, even with many more people, cars and industries … but indoor air is another matter.” 

“It is an insidious kind of poisoning of our lives,” said former California state legislator, Fred Keeley who successfully fought for indoor air regulation.

“Pollutants inside buildings vastly outnumber those outside”, said Jed Waldman, who heads the Indoor Air Quality program at the California Department of Health Services.

Yet there’s good news. You can take a few, powerfully simple steps to make the air inside your home – the one place you can control – better than the air outside. Here’s to living healthier and longer with clean air at home.

 Five Alarming Facts to Motivate You to Act

 1.  50 percent of all illnesses are either caused or aggravated by poor indoor air quality.

 2. Asthma is now the most common chronic disorder in childhood, affecting an estimated 6.2 million children in the U.S., according to the American Lung Association.

 3. The EPA ranks poor indoor air quality as one of top five public health risks. (Asthma, allergies, and other breathing difficulties, lung and heart disease, headaches and dizziness.)

4.  Americans spend nearly 90% of their time indoors.

5. Indoor air pollution can be two to fives times to sometimes 100 times higher than outdoor air pollution.

 

Who is Most Vulnerable to Dirty Air?

 Those most at risk to polluted air at home:

•  Infants and young children.

•  People with asthma, allergies or other respiratory illnesses or who have heart or lung problems – especially those who also lead stressful lives. 

•  Elderly, most of whom have reduced lung capacity.

•  Smokers and those who live with them.

•  People who work at home.

•  Those in colder climates who tend to stay inside even longer.

•  People in urban areas.

•  Those living in energy-efficient or other well-built homes that seal air inside.

Even Tidy, Conscientious People Get Sick From Their Home

Even if you use non-toxic products, clean regularly, have a HEPA vacuum cleaner and do not smoke, nor have asbestos or damp surfaces or use a fireplace or a wood stove, you are still vulnerable to the tiniest dust particles in your home – the respiratory suspended particulates (RSPs).

They become airborne from even slight actions such as walking on the carpet, sitting on a sofa or lifting a blanket. The particles are microbial air contaminants, ranging from bacteria and viruses to fungi and spores. They include pollens, spores, asbestos fibers, insect debris, food remnants, and pet dander.

What Makes RSPs So Dangerous to Your Healht?

Size does matter. RSPs are so small that you can breathe them deep into your lungs. Multiple studies show they cause acute or chronic health effects.

They enter the blood or lymph tissue and cause a host of respiratory problems. Those who are allergic to respirable particles succumb to a range of health problems, from allergic rhinitis to bronchial asthma.

Radon and benzo-a-pyrene (suspected carcinogenic agents) are transported by RSPs into the lungs.

Gases or other substances may also be carried by RSPs into the lungs.

Respiratory illness, especially chronic illnesses like bronchitis, emphysema, and asthma may be linked to, or aggravated by, exposure to RSPs.

Lung damage may be small yet it is cumulative. That is especially devastating for young children as the effect of the damage increasingly reduces lung capacity as they age.

Recent research shows that respiratory problems from RSPs and other air pollutants can also lead to heart problems. 

It Gets Worse

These pollutants affect you more if you are sensitive to them or the longer you are exposed to them – for example, the amount of time you spend at home.  Health dangers range from itchy eyes to allergic reactions to more dangerous effects such as a damaged immune systems, reduced lung capacity, heart difficulties and cancer.

Slightly larger particles, such as pollen, dander and house-dust allergens, don’t penetrate your lungs as deeply, but they can cause debilitating allergic responses.

Consider Testing the Air Quality in Your Home

Consider getting a whole home air test, conducted by a certified indoor air consultant. Also consider testing how efficiently your HVAC system is working.  Most are at about 58% efficiency.

Some people simply buy a continuously high-performing, whole home air cleaning system for peace of mind. They want to feel secure that they are making the air healthy in the one place they can control – their home. 

Now, here’s to helping you make the smartest choice in a home air cleaner.

Choose the Most Efficient Air Cleaner for Your Home

You can get a whole home air cleaner if you have a forced air system, meaning you have a furnace or furnace and air conditioner. Then you already have a basic mechanical filter. That’s your first, crude level of defense against air pollution.

These mechanical filters are typically made of a coarsely woven metal. They can only remove large particles of dirt and hair.  Even that capacity is greatly reduced when the filters are not replaced regularly. Worse yet, these mechanical filters can’t capture the tiny RSPs.

If you do not have a forced-air system or want to consider a portable, room-only device, here’s the basics you need to know.

Get a Portable Room-only Device or a Whole Home System?

The next step is to choose between a portable room-only cleaner and a whole home cleaner. Unfortunately, some don’t have that choice. You can’t get a whole home system if you do not have a forced-air home furnace or air conditioning system. 

In considering portable devices you have two kinds: ones with mechanical filters or ionizers.

Mechanical Filter-Based Portable Air Devices

The best kind of portable systems meet the HEPA (high efficiency particulate air filters) standard.  That means they can capture 99.97 percent of the airborne particles 0.3 microns and larger that pass through the filter. These include tobacco smoke, household dust and pollen. Mechanical filters draw air through a flat, pleated or high efficiency particulate air (HEPA) surface to trap particles.

That design means HEPA filters can be efficient in the beginning yet tend to clog easily. Clogging reduces airflow and thus their ability, over time, to remove pollutants. Filters must be changed with some frequency to maintain HEPA-level efficiency. Not all if us remain that diligent, even if we intend to be.

“Gary McEldowney, the marketing director for AllergyBuyersClub.com, said the cost of a purifier could range from 0 to 0, depending on size and features. Replacement HEPA filters cost to 0.” Other models are much more expensive.

Another obvious disadvantage is that a single room cleaner can’t keep the rest of the air in your home clean.  It can’t even maintain the high HEPA standard in the room in which it is used, unless it runs continuously and the door and windows to the room are kept closed – an unlikely possibility.

This room-only approach is akin putting a bandaid on a wound.

Portable Room Ionizers

Ionizers emit a small charge to the air stream that causes particles to adhere to the filter or other surfaces by a magnetic-like attraction.  But this is not efficient as particles can become re-suspended.

Worse yet, ionizing emits ozone, a lung irritant that is also linked to other health problems. It can have damaging health effects, especially for those with asthma and other lung diseases, children and the elderly.

According to Consumer Reports and the EPA, “While some indoor air pollutant concentrations decline in the presence of ozone, other pollutants increase. In fact, upon reaction with ozone, some previously undetected, toxic chemicals emerge in indoor air, including formaldehyde and other aldehydes.” See the EPA’s article, “Ozone Generators Sold as Air Cleaners.”

To add insult to injury, the units make a zapping and other noise as they emit ozone. Also it requires time-consuming cleaning and frequent filter changes to maintain even a lower level of performance.

Your best option, if you cannot get a whole home air cleaner, is to get a portable, room-only device with a mechanical, HEPA-grade filter.

If your home has a forced-air system you can get a whole home system. Now you’ll see your options. The good news is that there are clear choices. You do not have to spend a lot of time nor money to get healthy air throughout your home.

How to Choose the Most Efficient Whole Home Air Cleaner

Whole home air cleaners can be placed in the ductwork of forced-air systems heating or air-conditioning (also known as in-duct air cleaners). 

“If you are using forced air for, the best way to clean the air in your house is to add a filtration module to your system,” said Alex Wilson, president of BuildingGreen in Brattleboro, Vermont.  As you’ll read further down, however, you may not have to mess with the ducts, with a hybrid system. It can be retrofitted, that is bolted right onto your existing unit.

Here are the kinds of whole home air cleaners from which you can choose:

 Electrostatic Precipitators (ESPS)

 All electrostatic precipitators use electricity to charge particles passing through them and then attract them electrically (make them “stick”) to either plates or a filter.

 As you compare systems consider these five key factors:

1.  Performance over time: Efficiency goes down over time in some systems.

 2.  Maintenance: It is key to continuously high performance. Some systems are considerably more complex, messy and time-consuming – as are some filters. Even a diligent person can get tired of the upkeep and avoid doing it. Some systems require more frequent filter changes than others. 

3. Ease and cost of installation.

4. Sound: Some systems create noise while others are quiet.

5. Ozone emission: Some cleaners emit ozone, the pollutant in smog. Ozone can cause lung damage and other health problems. It also creates noise as it arcs, sparks and pops.

Following are the categories of air cleaner systems, described in the order of increasing levels of air cleaning performance, maintenance needs and convenience. 

Electrostatic Filters

This is the least expensive kind of filtering system, removing 90% of particles that are 0.3 microns or less. It requires frequent filter change and, more importantly, performance goes down over time.  One example is the Filtrete. Electrostatic units filter the air using static electricity. They have a static charge on the filter to allow airborne particles to “stick” to the filter, just like static-charged clothing sticks together.

The drawbacks to these units are that they capture fewer RSP’s and the filter needs to be replaced frequently

2. Conventional Electronic Air Cleaners

 EACs charge particles and cause them to stick to plates inside the unit or to a filter. In this way they trap and filter up to 98% of pollutants from the air passing through your heating and cooling system. This kind of air cleaner can capture microscopic impurities like dust, smoke and smog particles in addition to larger particles like mold spores and cat dander.

Collected pollutants are removed by cleaning the plates in the sink or dishwasher.  Some EAC’s use grounded filters instead of plates but these require expensive replacements.

 

3. Hybrid Electronic Air Cleaner

A hybrid electronic air cleaner eliminates the need for wires (or pins) and plates.  Instead it uses a non-metallic material to conduct the electricity and charge the RSP’s. Thus you can avoid the messy and time-consuming cleaning that comes with metal-based EAC technology. 

Then, it uses an inexpensive, recyclable but highly-efficient, loosely woven filter to capture the particles.  This loose weave enables the unit to operate with low static pressure. Filters replacements are easier than with conventional EACs.

Once to twice a year, depending on amount of air pollution filters are changed. 

As a consequence of these innovations, consumers get the upside of a conventional EAC (high efficiency) without the downsides (higher maintenance, costlier and more invasive installation, ozone emission in some, etc.).

Plus, since this hybrid operates in a way that reduces system wear and tear and is easier to maintain, the initial high-performance is continuous. It does now go down over time.

One final thought. Winter is coming. Days are getting colder and shorter. You may be spending more time inside. Consider installing an air cleaner soon. Healthier air is the priceless gift for yourself and those who share the holidays with you at home.

 

Emmy-winning former Wall Street Journal and NBC reporter, Kare Anderson is a speaker and author of SmartPartnering, Resolving Conflict Sooner, Getting What You Want, Walk Your Talk, Beauty Inside Out and LikeAbility and publisher of the blog+podcast, Moving From Me to We and the blog+newsletter, Say it Better, collectively serving over 42,000 subscribers in 26 countries.

She speaks on communicating to connect and collaborate to become high-performing and happier with others. Her clients are as diverse as Pfizer, google, Human Rights Watch, Venrock, National League of Cities and Nordstrom. As David Rockefeller said after hearing her speak, “Kare forever changes how you see yourself and your world.”

Posted in Southern California Real Estate

The Advantages of Selecting a Modular Home

September 5th, 2010 by admin
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The Advantages of Selecting a Modular Home

Are there advantages to purchasing a modular home over a site-built home? Yes! There are many advantages.

Your dream home can be both affordable and yet customized to your very specific needs and desires by choosing a modular home. It is much easier to get exactly the floor plan that your household needs when you select a custom designed modular home rather than buy from a typical residential home builder with predetermined house plans. For example, let’s say that you need two master suites and a small guest room, plus a den. You could search a mulititude of subdivisions and never find just what you need. With a modular home, you can customize the floor plan to meet your specifications.

Modular homes are built in a factory under a controlled environment. The homes are transported to the home site in sections on flatbed trucks and are permanently attached to the foundation. Modular homes are built to the local building codes of the home site and can have the same designs and amenities that appeal to homeowners in your area.

Factory built homes create less waste material and can be more cost effective to build. They are often priced substantially less for the buyer than a comparable site-built home. Because construction work is not subject to the whims of the weather, they are completed faster and on schedule.

A big plus for choosing a factory built home is the advantage of living in a home that was not subjected to rain or other harsh elements during the construction phase. This helps prevent those annoying popping and creaking sounds made by wood that was once soaked in rain and has shrunk or twisted as it dried. Of course, those annoying creaks and pops are most noticeable when you lay in bed at night, in the dark, trying to go to sleep.

Because they are built in sections and assembled at the home site, modular homes are available in numerous styles, including two story and multiple family homes. Typically the roof is transported as a separate unit and therefore can be built with desirable architectural styles such as the Cape Cod design, with steep rooflines and roomy dormers. This allows for attic space that can easily be utilized as additional living or storage space.

If you choose the excitement of owning a custom designed modular home, work with a company that can help you with the entire process of ordering the home from the builder to completing the permits and site construction work. A quality company will also be able to add an attached garage and customize the exterior finish of the home to blend in with the neighborhood. Select a company that has a proven record of putting your complete satisfaction as their primary goal.

After looking into manufactured homes in California, Jeremy Rollister decided to build his own. He searched thoroughly for California manufactured homes and found All American Modular. At All American, he was able to choose his own california prefab homes and build his dream home in half the time it would have taken for a site built home.

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Posted in Southern California Real Estate

Does Anyone Have Some Tums? – a Palm Springs, Palm Desert, & Indian Wells California Finance Attorney Take on the Growing Financial Crisis

September 5th, 2010 by admin
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Does Anyone Have Some Tums? – a Palm Springs, Palm Desert, & Indian Wells California Finance Attorney Take on the Growing Financial Crisis

Pass me a couple of airsick bags, will you?

Watching the stock market drop like an airplane hitting an air pocket and then rising only to drop again is enough to give you heartburn, even for a California finance attorney. Business, real estate, corporate and finance lawyers, whether they practice in San Diego, Orange County, Palm Springs or Indian Wells think they have seen it all when it comes to seeing finance fraud in litigation cases. But the testimony we have been hearing about the fraud in the financial markets is enough to turn your hair white, if you have any left. The words I’ve been hearing are making people quake in their boots. Panic, stock crash, depression, bank runs…

Somebody, pass me the Tums, will you?

Yes, there were professors from esteemed institutions of higher learning saying that the bailout proposal Congress passed wouldn’t solve the problem, and yes, they may have been right, but neither them being right nor the passing the bailout bill hasn’t calmed the financial markets in the U.S. or the rest of the world. The Dow has been dropping 300, 500, 600, and nearly 700 points now for, well, I’ve lost track of how many days it has dropped. Many are now routinely calling it a stock crash. Others are now calling the Great Depression of the 1930s the First Great Depression. Has anyone seen my 401K or IRAs? Last I saw they were going down the sewer.

Does anyone have some milk for my stomach?

Yes, there are also people out there saying that the financial bailout was a bad idea all around. That it rewarded the rich, and those foreign investors who got sucked into buying our financial stocks. As it turned out, they may have needed it just as much as we do. Last I heard, Iceland was facing bankruptcy as a country and now that their markets are falling like leaves, it’s throwing more wood onto our own fire sale on Wall Street.

Does anyone know if alcohol and Tums are a bad combination?

Reports are that the Federal Reserve and foreign central banks are making hundreds of billions of dollars and euros and other currencies available for the world’s banking systems to boost the amount of money available for lending so banks will feel confident to start lending to one another and to businesses again. Anyone feel confident yet? Anyone tried to get a loan lately?

Has anyone seen my bottle of scotch?

I think we just learned what it was that scared Hank Paulson, George Bush and all the rest of the usual suspects who testify to Congress that the world was in effect going to come to and end if the bailout plan wasn’t passed. Well, it turned out they were almost right, despite passing the Bailout Plan. No the world isn’t coming to an end, and we don’t have a depression like in the 1930s, but in case there is something more that our leaders know that is still going to cause something else to implode, could they just tell us exactly when it is set to implode? I want to make sure I have my head ducked under something.

Isn’t Tagamet good for an upset stomach, or is that Pepto Bismol?

Yes, I know that all is not good in the world of credit card balances, student loan programs, home mortgages, equity lines of credit, construction loans, corporate debt, auto loans, commercial real estate loans and those swaps that you hear about but don’t really know exactly what they consist of on the financial channels. But, last I checked, hey, I’m still here. They still have groceries on the shelves, they still take my credit card and gas is getting cheaper by the day.

Hey, Houston, Ground Control, we’re still here!

Visit our website at http://www.californiaattorneyslawyers.com for business, corporate, real estate and finance legal matters. We have the knowledge, and resources to represent you as your Palm Desert Business Lawyer and Indian Wells Business Attorney in San Diego, Orange County, La Jolla, Carlsbad, Newport Beach, Anaheim, Palm Springs, La Quinta, Newport Coast, Irvine, Santa Ana, Westminster, Santa Barbara, Buena Park, Costa Mesa, Ontario, Yorba Linda, Ventura, Oxnard, Fullerton, Rancho Cucamonga, Temecula, Murrieta, Mission Viejo, Santa Monica, Laguna Beach, Corona del Mar and Huntington Beach.

Posted in Southern California Real Estate

Great Songs to Play While Heading to Home Showings

September 5th, 2010 by admin
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Great Songs to Play While Heading to Home Showings

If you’re like a lot of Realtors and home buyers, you’re probably in the car a lot, driving to and from home showings, appointments with various real estate professionals and to and from your place of work. Sometimes, music can make those times in the car a little less onerous, but you also want something to get you and your passengers in the mood for looking at yet another property. Here is a list of songs that you might consider for your playlist:

Coming Home/Going Home:

On My Way Home – Enya
Home For A Rest – Spirit of the West
Within A Mile of Home – Flogging Molly
Who Says You Can’t Go Home – Bon Jovi
500 Miles – The Proclaimers
Homeward Bound – Simon & Garfunkel

Owning a Home:

Our House – Crosby Stills, Nash & Young
A House is Not a Home – Ella Fitzgerald
Our House – Madness
Heaven is a Place on Earth – Belinda Carlisle
Once in a Lifetime – Talking Heads
Home Sweet Home – Motley Crue

When It Just Isn’t Going Well

In Every Dream Home a Heartache – Roxy Music
Little Boxes – Malvina Reynolds
Burning Down the House – Talking Heads (Another torch-the-house song. But, hey, it’s cool.)
Take Me Home – Phil Collins (this is all about a patient in a mental institution, but, hey, it’s got ‘home’ in the chorus…)
Sunny Came Home – Shawn Colvin (of course, Sunny torches her home, but hey, it’s still got a great rhythm)

Location-Oriented:

Sweet Home Alabama – Lynard Skynard
My Tennessee Mountain Home – Dolly Parton
Home on the Range – traditional
Take Me Home, Country Roads – John Denver
California – Joni Mitchell
House in California – Keb Mo

Property Type/Style:

Cadillac Ranch – Nitty Gritty Dirt Band
Love Shack – The B-52′s
Pink Houses – John Cougar Mellencamp
Country House – Blur

These are only a selection of the many songs about houses and real estate. Flip through your mp3 and CD collection to see if you can find more. As a rule, positive and easy listening songs are the best accompaniment when driving to yet another “perfect home”. Location songs can also be good choices, if you have some that have to do with the area.

Unfortunately, the effectiveness of subtle messages has never been proven to actually effect people’s choices. However, it’s great to have some songs that can focus and motivate one in the realm of home selling, even if they don’t compel the client to buy!

Joshua Sloan is your San Diego real estate agent at SanDiegoRealEstateBuzz.com. If you’re looking for Rancho Santa Fe real estate for sale, Joshua can help.

Posted in Southern California Real Estate

The Future of the Real Estate Market for 2008

September 5th, 2010 by admin
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The Future of the Real Estate Market for 2008

Copyright (c) 2008 Troy Foote

Will the current real estate condition get any worse before it gets better?

That is the question that many homeowners are asking. Because the market has not seen conditions like this within the last several years it is no wonder that many homeowners are worried.

There has been a number of factors that have contributed to this worry: prices of homes have fallen sharply in a short period of time, home ownership for first-time buyers have dropped due to being frozen out of the market and to make matters worse, foreclosures and mortgage brokerage bankruptcies are at a all time high.

Experts are telling us that the current market condition is going to get worse before it gets better. A couple of factors that determine this is that interest rates are not improving nor is obtaining credit.

However it is not just the residential market that is being affected, commercial real estate is suffering too.

Many experts believe that commercial real estate will continue to soften throughout 2008 including shopping centers, offices and apartment buildings. Because of the slow economic growth, interest rates will remain high thus triggering the continued softening of the commercial real estate market.

Many feel that the relief from the real estate market will not be achieved soon, at least not in the coming months. The inventory of homes currently on the market has continued to grow in the past months. Just in the first quarter alone over 730,000 homes have received foreclosure notices, which is one out of 171 homes across the US!

According to the U.S. Census Bureau the rate of homes in the United States there were vacant and for sale during the last months of 2007 was higher than it had been since 1965.

Demand for housing will remain low, impacting the prices of homes. . High risk buyers who would have been able to qualify for sub prime loans in the past have now discovered they are locked out of the market, thus unable to provide any immediate relief.

Furthermore, even buyers who are able to qualify but who do not have a large amount for down payments may also discover it remains difficult to become approved for mortgage loans.

While residential markets throughout the United States have been hit hard, Florida seems to be suffering more than many others. Part of the reason for this is the fact that literally thousands of condominiums that were under construction are anticipated to be completed this year.

In many cases, deposits have already been placed on these units; however, there is some concern that because property values have dropped and the tightening credit situation will give buyers reason to be concerned and perhaps even back out. In the event a large number of buyers back out of those units, this could cause a serious problem with construction loan defaults in this market.

California has also suffered as buyers who struggled to take out risky loans in order to purchase homes with soaring property values in the past few years discover they are no longer able to meet their housing payments. In many cases, selling those homes now is difficult as property values drop and mortgage payments rise.

While the news certainly may appear to be grim, there is some silver lining to those dark clouds. It appears that the housing market could well bottom out in 2008. This is actually good news because the market must bottom out before it can begin the climb back to the top.

Hello my name is Troy. Do you know what to do if ever faced with foreclosure? It is a scary thought. You need to know your rights and how to stop or prevent it. TheStop Foreclosure handbook is a valuable quide that you need NOW.

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Posted in Southern California Real Estate

Modular Home Q & A

September 4th, 2010 by admin
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Modular Home Q & A

Have you always wanted a home, but have held off due to the cost? Many people have the same concerns. Most adults have the goal of owning their own home, but cannot find the time or the money to buy the home that fits their needs. A modular home can be your dream home, without the difficulty of constructing it yourself. A great advantage is that modular homes can be built in far less time than other homes. This article will answer some basic questions about the ever-expanding world of modular homes.

How are they constructed?

Modular homes are factory-made, not constructed on-site. After constructing each section of the home individually, it then receives a comprehensive inspection to make sure that the home is up to building codes. You can be reassured that high quality and durable materials are consistently used. Modular homes are, however, very similar to traditionally constructed homes.

About how much do they cost?

The floor plan you choose will dictate the ultimate cost of your modular home. You can choose a plan that is custom-made to fill your unique desires. Of course, the larger the home, the larger the price tag. In addition to the speed at which modular homes can be built, they are typically less expensive per square foot than homes which are built in the traditional way. A modular home can be constructed in just two months.

Does the cost of the home include the cost of the foundation?

The price of the foundations is not covered by most manufacturers of modular homes. The cost can be included in your loan or it can be paid for from your own funds. In order to reduce upfront costs, the majority of people choose to get financing for the total price. It is important to know all the details of the coverage, including what is and isn’t covered, so make sure you contact the manufacturer.

Can modular homes be built to specification and are they energy efficient?

One wonderful feature of modular homes is that they are all constructed to meet HUD guidelines. Each part of the home is inspected for quality and is required to pass the standards of building specification inspectors. Modular homes are more efficient, in many ways, than are traditional homes.

Retired contractor, Bo Von Brockdorff has assisted many couples in finding the California manufactured homes of their dreams. Bo recommends Village Concepts to anyone looking for Amador County modular home.

Posted in Southern California Real Estate

Home Purchase-it Still Happening?

September 4th, 2010 by admin
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Home Purchase-it Still Happening?

you can make the American Dream come true for your family! The purchase of a home doesn’t have to be a roller coaster experience; you can make it an exciting adventure, a family affair!

When buying a house, many factors apply: good credit, adequate income, down payment, interest rate, closing costs, appraisal value, etc.

Good Credit: There are three bureaus that keep track of credit scores. The three bureaus are Equifax, Experian and Transunion. A credit score is based on a statistical analysis of a person’s credit files. This number known as FICO Score will determine the likelihood that a person will pay his or her debts.

Adequate Income: Most lenders will require the borrower to be able to show at least three months worth of bank statements. This requirement lets the lender know that the borrower has a steady job, therefore a regular income.

Down Payment: Down Payment can be obtained from different sources. Your mortgage lender will be able to help you come up with the different ways that a down payment can be met. For example: loans or gifts from family members or friends can be used as a form of down payment. If you have a 401 K with your employer (a retirement fund), there a plans where you can take a percentage of your money and use it for a down payment.

Interest Rates: Interest Rates really depend on how the market is and how high your credit score is (FICO Score). Your mortgage lender should be able to shop with different banks to get you the best interest rate possible.

Appraisal Value: An appraisal value is an inspection of the property you are interested in buying or refinancing. This is an important step because it determines if you are getting a good deal on your purchase or if your property value has risen in the case of refinancing.

As you can see, buying a house sounds hectic, but it really isn’t. You can make it an exciting experience and the best investment of your life, Raz Lending can Make it for you.

Posted in Southern California Real Estate

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