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A little History on St. Patrick's Day

by Southern Californias Top Producing Mother & Son Te

Here are a few interesting notes about St. Patrick's Day!

The person who was to become St. Patrick, the patron saint of Ireland, was born in Wales about AD 385. His given name was Maewyn, and he almost didn't get the job of bishop of Ireland because he lacked the required scholarship.

Far from being a saint, until he was 16, he considered himself a pagan. At that age, he was sold into slavery by a group of Irish marauders that raided his village. During his captivity, he became closer to God.

He escaped from slavery after six years and went to Gaul where he studied in the monastery under St. Germain, bishop of Auxerre for a period of twelve years. During his training he became aware that his calling was to convert the pagans to Christianity.

His wishes were to return to Ireland, to convert the native pagans to Christianity. But his superiors instead appointed St. Palladius. But two years later, Palladius transferred to Scotland. Patrick, having adopted that Christian name earlier, was then appointed as second bishop to Ireland.

Patrick was quite successful at winning converts. And this fact upset the Celtic Druids. Patrick was arrested several times, but escaped each time. He traveled throughout Ireland, establishing monasteries across the country. He also set up schools and churches which would aid him in his conversion of the Irish country to Christianity.

His mission in Ireland lasted for thirty years. After that time, Patrick retired to County Down. He died on March 17 in AD 461. That day has been commemorated as St. Patrick's Day ever since.

Much Irish folklore surrounds St. Patrick's Day. Not much of it is actually substantiated.

Some of this lore includes the belief that Patrick raised people from the dead. He also is said to have given a sermon from a hilltop that drove all the snakes from Ireland. Of course, no snakes were ever native to Ireland, and some people think this is a metaphor for the conversion of the pagans. Though originally a Catholic holy day, St. Patrick's Day has evolved into more of a secular holiday.

One traditional icon of the day is the shamrock. And this stems from a more bona fide Irish tale that tells how Patrick used the three-leafed shamrock to explain the Trinity. He used it in his sermons to represent how the Father, the Son, and the Holy Spirit could all exist as separate elements of the same entity. His followers adopted the custom of wearing a shamrock on his feast day.

The St. Patrick's Day custom came to America in 1737. That was the first year St. Patrick's Day was publicly celebrated in this country, in Boston.

Today, people celebrate the day with parades, wearing of the green, and drinking beer. One reason St. Patrick's Day might have become so popular is that it takes place just a few days before the first day of spring. One might say it has become the first green of spring.

Buyer's need to be prepared for the unexpected in this market

by Southern Californias Top Producing Mother & Son Te

Buyers need money to buy in this market

The days are long gone for the short, smooth real estate transaction that we used to so often have 5 years ago.  We are in a much different market today.  We thought that we'd talk a little about some of the challenges we are facing being that there are so many changes currently taking place with lending institutions. 

As you have probably heard all over the media, it is much more difficult to qualify to buy a home than it was a few years back.  Banks have made their guidelines much tighter not only when it comes to the financials of a potential buyer, but also when it comes to property condition.  In the past whenever there were issues with property condition, the obvious party to take care of it was the seller.  Why you ask?  Well, the seller had an abundance of equity.  Sellers would take home anywhere from $50,000 to $200,000 when they sold their homes.  Handling repairs on their home to satisfy the buyer was no problem and made every one’s life a lot easier.   The times have changed…

You may ask, ‘who is paying for all the repairs that are required by the borrower’s lender now that the seller has no equity and is having to short sale their home?’  For all you buyers out there reading this, I hate to tell you but unfortunately it is you that will need to be prepared to make repairs on the property should your lending bank require it, and should you want to move forward with the purchase. 

In our market area which includes the cities of Downey, Norwalk, Pico Rivera, Lakewood, Bellflower, and surrounding areas, most homes are at least 40 years old.  There is no question that certain things on the property need to be repaired or replaced.  We are finding that issues can always come up, and lending banks are not willing to move forward in lending money unless certain repairs are made.   For the most part the typical repairs needed in order for banks to lend money are cosmetic things such as exterior paint.  But everything in the home, especially the 50 year old floor heater that hasn’t been used in at least 20 years need to be in working condition before a bank will release money. 

Now the question is, where is the money going to come from to pay for that?  The seller, the majority of the time obviously cannot pay for it because they are financially unstable; hence they are “short selling” the property.  The real estate agent cannot afford to pay it because the commission they will be earning isn’t anywhere near what it once was.  Real estate agents are earning approximately 50% less in commissions then they were over 4 years ago and they still have to deal with the same expenses they had 4 years ago.  In addition, banks are not willing to pay the standard 6% commission that a real estate agent is used to earning.  That leaves only the buyer to pay for the repairs required.

Regardless of the fact that a buyer will be spending money to repair certain things the lender is requiring, homes are selling for 50% less (in some areas) than they were 3 years ago.  So all in all, it is still a HUGE benefit to buy in this market. 

Inventory is still low in the South East Los Angeles area.  Ninety percent of the homes that you see on real estate search engines available to the public have multiple offers on them already.  We will talk more about this is a future blog post but for now, if you know of anyone that needs help selling their home, or is interested in buying a home  please don’t wait to contact us. 

Wondering why it's so difficult to get a Loan Modification?

by Southern Californias Top Producing Mother & Son Te

We come across many home owners that come to us for advice regarding what to do to begin the loan modification process.  Many home owners inform us that they are either experiencing financial hardship, they've experienced a death in the family, or some home owners just plainly don't want to pay a high payment for a house that no longer has the value it once had. 

Our expertise is in selling homes.  Since the market has taken a major change in all aspects of real estate, we have educated ourselves on the short sale process.   Banks are becoming a lot more lenient in approving short sales, and it seems that the loan modification process has taken a back seet for many banks.  We can simpathize with home owners because we understand that they want to do everything they can to stay in their homes and sometimes it is possible for them to do so through a Loan Modification. 

If you are attempting a loan modification and you are wondering why the bank is not allowing you to do a loan modification, we have found an online explanation to why it many times benefits a bank to do a short sale rather than a loan modification.  It is our prediction that there are going to be many short sales this year because of this process. 

Click on the link below and it will take you to the video.  If you ever have any questions regarding either a loan modification or a short sale, please call us any time.

Watch Video    

This Months Local Real Estate Home Value Report

by Southern Californias Top Producing Mother & Son Te

February Real Estate Report

We know that you can get real estate news from so many different avenues this day and age, but as real estate professionals we are able to give you a more concentrated look at sales prices because we can give you local real estate news as opposed to national news. 

This month we wanted to provide you with a visual perspective of home values over the past 2 years according to SoCAL MLS figures. 

Property values are at there highest since December of 2008.  The average sales price in December of 2008 was $333,540.  The average sales price for January 2010 (just last month!) was $328,405.  That is only a difference of $5,135, or 1.5% from the sales prices that we were seeing over a year ago!  When looking a the graph you can clearly tell that this might be the beginning of a steady incline in home values.  We won't know for certain until the numbers for February are out so make sure to visit our newsletter next month.  If you are considering buying a home, don't wait any longer.  This is the best time to buy.  You don't want to get stuck buying a home when homes are selling for more than they are now. 

 

 

Recent FHA Loan Program Update!

by Southern Californias Top Producing Mother & Son Te

For those of you wanting to be kept in the loop of all the "low down payment" loan programs that are out there, we thought we'd give you an update on a program that seems to be popular.  As is the case with all other programs there are certain income restrictions, and location restrictions so you need to call us so we can find out if you qualify...

This FHA program is called the "FHA Access Program." 

  • 99.5% Financing (almost 100%)
  • NO "first time home buyer" requirement
  • SFR, PUD's, and condos all qualify for this program
  • No cash reserves required
  • Multiple properties are ok
  • 6% seller concessions are ok
  • Gift funds for the 1/2 down payment are ok

This is a great program.  Give us a call or send us a message through our website to see if you qualfy for this program...

Looking for someting to do for New Years?!?

by Southern Californias Top Producing Mother & Son Te

Here are some events we found on About.com that will be taking place on New Years in Los Angeles & Orange County Areas 

Los Angeles, with all its diversity has a New Year's Eve celebration for every taste and every budget. Here are some of the big ones. For more New Year's events, visit www.newyears.com.

This information is for December 31, 2009.

  • The annual Giant New Year's Eve celebration will be at the Westin Bonaventure Hotel in Downtown Los Angeles. The event will take place in two huge ballrooms and on the poolside terrace. This year's lineup includes Above & Beyond, Christopher Lawrence, Cosmic Gate and more to be announced.
    When: 8 pm to 4 am.
    Where: 404 S Figueroa Street, Los Angeles, CA 90071 (Downtown)
    Tickets: General Admission tickets are $65 advance. VIP tickets: $165 include separate entrance, VIP lounge and open bar,
    Food: Drinks and food are extra for general admission.
    Parking: At the Bonaventure for a fee
    Age Limit: 21 and up
    Info: www.giantclub.com
    Hotel: Bonaventure group hotel rates starting at $169/night at this Giant Hotel Reservations link, otherwise there's a 2-night minimum for New Year's. Compare rates at other Downtown hotels.

  • The New York in LA New Year's Eve bash Gridlock will be held once again at Paramount Pictures Studio Lot. The party takes place on the studio's New York City set with 8 DJs on multiple stages and a live performances. Last year there were Free Ferris wheel rides. Dress for snow!
    When: 9 pm to 3 am
    Where: Paramount Pictures, 5555 Melrose Ave, Hollywood, CA
    Tickets: $150 general admission, $250 VIP, table and cabana packages available
    Food: Food stations throughout venue, open bar for VIP only
    Parking: included in adjacent lots on Gower and Van Ness
    Age Limit: 21 and up
    Info: www.newyears.com
    Hotel: Compare rates at hotels near Paramount Pictures

  • DASK Productions' annual New Year's Eve Ball is at the Crowne Plaza Redondo Beach and Marina Hotel this year, taking their Hollywood style to the Beach. There will be multiple rooms with many DJs, aerialists, performance artists and a midnight countdown show and balloon drop.
    When: 9 pm to 2 am.
    Where: Crowne Plaza Redondo Beach, 300 N. Harbor Drive, Redondo Beach, CA 90277
    Tickets: $40 General Admission advance $50 at the door, $100 VIP. Reserved VIP tables available.
    Food:
    Age Limit: 21 and up
    Info: www.daskproductions.com, Tickets
    Note: Rooms from $180/night at the Crowne Plaza Redondo Beach. Compare rates at other Redondo Beach hotels.

  • Together as One is an all-ages event at the LA Sports Arena. Multiple dance areas with top local and international DJs. This year's talent includes David Guetta, John Digweed, Dubfire, Sander Kleinberg and more.
    When: 7 pm to 4 am.
    Where: The LA Sports Arena, 3939 S. Figueroa, Los Angeles, CA 90037
    Tickets: $60 to $80 for General Admission depending when you buy them. VIP tickets for backstage access, free Vodka and Beer Bars and other refreshments are $125-$150.
    Food: available for purchase
    Parking: There are multiple parking lots around the venue for varying rates.
    Age Limit: All ages
    Info: www.newyearsevela.com
    Discount: with advance purchase
    Hotel: Compare rates at hotels near the LA Sports Arena

  • New Year's Eve Extravaganza at The Kress . This Hollywood hot spot will host 4 floors of fun, but only the VIP ticket will get you into the rooftop patio, which is a bargain, considering that it usually requires $1500 bottle service to gain access to the exclusive venue.
    When: 10 pm to 2 am
    Where: The Kress, 6608 Hollywood Blvd, Hollywood, CA 90028
    Tickets: $20 general admission (3 floors, no drinks), $75 open bar (3 floors), $100 VIP (4 floors including rooftop), bottle service and table packages available
    Food: Only in restaurant
    Parking: $20 Valet
    Age Limit: 21+
    Info: http://www.newyears.com/Events/ShowEvent.aspx?eventId=6761
    Hotel: Compare rates at hotels near The Kress
    Read my Review of The Kress

  • The Queen Mary in Long Beach hosts its annual New Year's Eve all over the ship. Your ticket includes admission, fireworks and access to entertainment venues including four live music venues and a DJ dance club. This year includes Top 40s, Big Band, Dixieland jazz and dueling pianos.
    Where: The Queen Mary, 1126 Queen's Highway, Long Beach, CA 90802, at the south end of the 710 Freeway, on the water.
    Tickets: $89.99
    Food: Food is available for purchase in all restaurants from $29.95 for the Promenade Buffet to a 7 course prix fix menu at Sir Winston's for $179.50.
    Parking: $15
    Age Limit: 18 and over
    When: 8 pm to 1:30 am. (doors open at 6 pm)
    Info: www.queenmary.com
    Hotel: Hotel specials on the Queen Mary. Compare rates at nearby hotels including the Hotel Maya.
    Queen Mary Visitors Guide

  • Universal City Walk has a huge outdoor New Year's Eve Countdown Bash that's free to the public. The event features live music and DJs beginning at 9 pm, and fireworks from 2 ends of the street at midnight.
    When: 9 pm - 12:30 am
    Where: Universal City Walk, at the top of Universal Studios Blvd. off the 101 Freeway.
    Tickets: Free
    Food: Available at City Walk restaurants
    Parking: $10 general after 5 pm to $22 max for valet.
    Metro: Red Line to Universal City station
    Age Limit: All ages
    Info: www.citywalkhollywood.com
    Hotel: Hilton Universal and Sheraton Universal are walking distance. Compare rates at other nearby hotels.
    Universal CityWalk Visitors Guide

  • New Year's Eve in Downtown Long Beach is a free street party with multiple live music and DJ stages on Pine Avenue and in the East Village Arts District. A highlight will be Red Bull stunt driver Travis Pastrana's attempt to break a world record by jumping his rally car off the Pine Avenue Pier onto a floating barge anchored in Rainbow Harbor at 9 pm. At midnight, you can see fireworks off the Queen Mary from the waterfront.
    Where: Pine Ave from 1st to 3rd, Linden and 1st St
    Tickets: Free
    Food: Restaurants will be open
    Parking: various lots
    Age Limit: all ages
    When: 8 pm to 12 am (tentative)
    Info: www.dlba.org
    Hotel: Compare rates at Long Beach hotels.

Orange County partiers have only one mega-party that I could find going on this year.

  • Orange County New Year's Eve at the Hilton Hotel Costa Mesa calls itself the Official New Year's Eve Party of the OC. It includes four general admission party areas with three additional VIP zones, multiple live music stages, DJs, roaming entertainment, a fashion show and an Orange Ball Drop. After Party is across the street at the Hotel Hanford Costa Mesa.
    When: 8 pm to 2 am.
    Where: Hilton Hotel Costa Mesa, 3050 Bristol St, Costa Mesa, CA 92626
    Tickets: $60 and up advance, $100 at the door, VIP tickets are $150-$250
    Food: not included
    Parking: fee
    Age Limit: 21 and up
    Info: www.ocnye.com, Tickets
    Hotel: Special rate rooms available at the Hilton.

  • The Ambassador New Year's Eve Yacht Party is a comparatively small event for just 150 people, but I'm including it as something quintessentially Southern Californian. The four-hour luxury cruise through Newport Harbor includes premium open bar all night, a champagne greeting, appetizer buffet, multiple dancing and lounge areas.
    When: 8:30 pm to 1 am.
    Where: 2901 W. Coast Hwy, Newport Beach CA 92663
    Tickets: $155-$170
    Food: Appetizers
    Parking: fee
    Age Limit: 21 and up
    Info and Tickets: http://www.newyears.com/Events/ShowEvent.aspx?eventId=6764
    Hotel: Compare rates at Newport Beach hotels.

Survey finds most agents see home prices will either stay the same or increase

by Southern Californias Top Producing Mother & Son Te

One of the best ways to tell how the real estate market is going to perform in the near future is to go directly to those that sell real estate.  Active Real Estate agents are seeing first hand what is going on with home values in their local market area.  

Below is an article we found on HomeGain.com that shows the results of a survey that was given to realtors across the United States.  We thought you would find this interesting and may help you make a decision to buy a home in this buyers market....

December 10, 2009

HomeGain Releases Results of Fourth Quarter Realtor® Home Prices Survey

Realtors express their views on the direction of home prices in 2010; First time home buyers tax credit spurs sales; 56% of Realtors disapprove of Obama's performance as President

Emeryville, CA - December 10, 2009 - HomeGain, the first website to provide free instant home values, today announced the results of its fourth quarter Home Prices Survey of Realtors® based on the responses of 928 U.S. real estate agents and brokers across the United States.

The fourth quarter survey shows that 72 percent of Realtors think home prices will either stay the same (48 percent) or increase (24 percent) in the next six months. HomeGain's third quarter survey reported that 69 percent of Realtors thought home prices would stay the same (46 percent) or increase (23 percent) versus 47 percent of Realtors who thought home prices would stay the same (36 percent) or increase (11 percent) in the first quarter survey.

Twenty one percent of Realtors surveyed said more than half of their transactions in the past three months involved a first time home buyer. Only 11 percent of Realtors surveyed said that none of their transactions involved a first time homebuyer.

According to the fourth quarter survey, 41 percent of homeowners believe that their homes should be listed 10 to 20 percent higher than what their Realtors' recommend, up from 38 percent of homeowners who believed so in the third quarter and 36 percent who believed so in the in the second quarter.

Seventy-six percent of home sellers believe that their homes are worth more than their Realtors' recommended listing price, up from 74 percent in the third quarter survey and 71 percent in the second quarter survey.

Conversely, 62 percent of home buyers think that homes are overpriced, down from 64 percent in the third quarter and up from 59 percent of home buyers who thought homes were overpriced in the first quarter.

"The fourth quarter HomeGain Home Prices Survey of Realtors shows that Realtors believe that the first time home buyers tax credit has driven sales and stabilized home prices, for now. Realtors, however, expressed concerns about the cost of the credit to tax payers and whether sales will continue once the credit expires later next year and additional inventory hits the market," stated Louis Cammarosano, General Manager at HomeGain. "The vast majority of Realtors expect prices to remain the same or increase in the first six months of 2010."

Forty-two percent of Realtors surveyed indicated approval of Barack Obama's performance as President, unchanged from the third quarter and down from 57 percent in the second quarter. Thirty eight percent of surveyed respondents 'strongly disapprove' of the President's performance and 18 percent 'somewhat disapprove', earning the President a 58 percent disapproval rating. The President fared slightly better in the nationwide Rasmussen Daily Presidential Approval Index taken during the same period as the HomeGain survey, with his approval rating hovering in the 46-47 percentage range.

Real estate agent survey respondent commentary included:

  • "The homebuyer tax credit has helped, but where are the jobs from that huge tax burden so-called the stimulus bill? We need the jobs more than anything else to help the economy and housing market rebound," noted Joe McAoy of Virginia Commonwealth Realty.
  • "Buyers think prices are still heading down, while sellers think prices are now heading up. It's our job to bring them together."
  • "I commend the President for the work he has done to help America's economy get back on solid ground. I feel that the tax incentives have dramatically helped the housing market." The fourth quarter HomeGain Home Prices Survey of Realtors was conducted from December 1-5, 2009.

Some Thanksgiving History

by Southern Californias Top Producing Mother & Son Te

Food for Thought

THANKSGIVING TIDBITS AND TIPS

 "Thanksgiving Day comes, by statute, once a year; to the honest man it comes as frequently as the heart of gratitude will allow."
                               ~ Edward Sanford Martin


Although some historians claim that the first day of giving thanks in the New World was on December 4, 1619, at Berkeley Hundred in Virginia, it is commonly believed that the first actual celebration of the harvest and blessings from God took place in Plymouth in 1621.

The festivities lasted three days and included feasting, entertainment, and competitions. President George Washington issued the first governmental National Thanksgiving Proclamation in 1789. In 1863, during Abraham Lincoln's presidency, Thanksgiving became a federal holiday, and FDR, in 1939, designated the fourth Thursday in November as the official Day of Thanksgiving.

Food Fact:

The first Thanksgiving feast most likely did not include turkey, mashed potatoes, or pumpkin pie, but the early settlers did enjoy seafood of all kinds, seals, swans, geese, corn, turnips, and spinach.

Here are some great sites for Thanksgiving recipes!! Here you will find food from the past (chestnut stuffing, mince pies), meals for the vegetarian or diabetic, healthy adaptations for old favorites, gourmet dishes, treats for kids (Daddy's Popcorn, cheesy ranch Chex mix). Also visit the websites of Ocean Spray, M and M's, Pepperidge Farm, and McCormicks. And get all your Turkey cooking questions answered at Butterball.com or call  the Turkey Talk Line - 800-288-8372.

"What we're really talking about is a wonderful day set aside on the fourth Thursday of November when no one diets. I mean, why else would they call it Thanksgiving?
                                  ~Erma Bombeck
                                    "No One Diets on Thanksgiving," 26 November 1981

Tasty Tip:
To make basic cornbread stuffing crunchy and delicious, simply add lots of toasted pecans and moisten the mixture with sweet apple cider. You can also add liquid bacon for a smokey flavor. For extra zing, do this while softly singing, "Oh, turkey dear, oh, turkey dear, how lovely are thy feathers..." and drinking spiked hot cider punch!

More tips: To calculate amount of food and drink you'll need, follow this guide.

  • Whole turkey--1 lb. per person
  • Bone-in turkey breast--¾ lb. per person
  • Boneless turkey breast--½ lb. person
  • One bottle of wine = about five glasses

Time required for thawing the bird: for each 4 ½ lbs. of frozen turkey, allow 24 hours of thaw time in the refrigerator. Once fully thawed, the turkey may be refrigerated for 1-2 days. And still another...Suggestions for turkey leftovers include dumplings, patties, chili, tetrazzini, barbeque, turkey/wild rice soup, turkey/ginger/apricot salad, all sorts of casseroles, and a myriad of others found at www.allrecipes.com and many, many others.

Want to share Thanksgiving greetings with friends and family? AmericanGreetings.com, BlueMountain.com, 123Greetings.com, Hallmark.com will send them out for you free of charge. 

And speaking of greetings--and gratitude--Xerox has a web site that lets you send a message of thanks to soldiers currently serving in Iraq. This is a FREE service and only takes a minute to do. What a great way to spread the spirit of the season! Visit LetsSayThanks.com today.

Thanksgiving Myth:

Ever feel sorry for the poor Pilgrims always dressed in drab shades? Not so, say many historians. Those early settlers used vegetable dyes to produce colorful attire, and although the colors weren't as bright as they are today, it was not at all unusual to see clothing made of wool, linen, fur, and leather in hues of blue, green, violet, red, yellow, orange, and purple. Many of the Pilgrims were skilled in clothing related trades, and they produced fashions which mirrored those of England at the time. And no buckles on shoes or hats, either--those didn't come into style until much later.

HOLIDAY DECORATIONS--EXERIOR AND INTERIOR

Create a warm and thankful holiday mood by decorating your doorstep with nature's bountiful harvest.
REQUIREMENTS: Cornucopia or Baskets, Yellow and Orange Christmas Tree Lights,
Ears of Indian Corn, plain Wooden Wreaths, Gourds, Pine Cones, Oak Leaves, Pumpkins, a yard long Velvet Ribbons, glue.

INSTRUCTIONS: Purchase a cornucopia (horn of plenty) basket and arrange pumpkins, corn, gourds, apples and nuts inside so that some of them are spilling out onto the walkway. Create garlands of autumn leaves and orange and gold Christmas lights and wrap them together around any poles or columns.  Place pumpkins, stalks of Indian corn and gourds along the edges of walkways and steps. Buy a plain wooden wreath and decorate it with artificial autumn leaves, nuts, pine cones and berries. Add a fall-colored velvet bow.  Hang the wreath on the door.  Tie around orange and gold lights in any trees or plants near the doorway.  Wrap garlands of artificial autumn leaves in the branches along with colored lights if some of your trees are bare from cold weather, Make sure none of your decorations block the peephole in your door.

CAUTION:  Check to make sure that your outdoor decorations are not in the direct line of your sprinklers. 

AND INTERIOR...A PAPER CHAIN OF BLESSINGS

You'll need:  Construction Paper, Scissors, Markers, Stapler

Directions:  Cut out 2 inch by 6 inch strips from various colored construction paper. Have everyone write one thing they are thankful for on the strips. Form the strip into a circle and staple. Make sure the writing is side out!  Take the second strip and stick it through the center of the first circle you made then staple. Continue doing this until you have used all your strips.

These hints--and hundreds of other craft ideas, songs, turkey jokes and one liners, and games are found here. A GREAT source of ideas!!

And now Kid Stuff...

Turkeys made from paper, pine cones and gourds. Download Thanksgiving screensavers. Make special Indian Corn Napkin Rings. Enjoy Thanksgiving crossword puzzles, jokes, and trivia.

Get kids into the Thanksgiving spirit with a festive turkey hat.  Make a turkey out of yarn and paper. And dress up the fridge with Indian corn magnets.

Read beautiful Thanksgiving stories, sing Thanksgiving songs, and learn about Thanksgiving around the world.

Help children make the most of Thanksgiving by planning activities that become family traditions. During dinner, have everyone tell what they are most thankful for.  If someone is thankful for food, plan to share a meal with someone less fortunate. If the kids are thankful for toys, collect unused or nearly new toys for a toy drive.

GIVING BACK...

Thanksgiving is a perfect time to share our blessings with those less fortunate than we are and to spread the spirit of friendship and community. Opportunities for helping others during the holiday season are many and can involve one individual or the entire family. Some ways to foster goodwill and embrace the idea of sharing include:

Contribute non-perishable foodstuffs for a local food bank. Give money to local agencies who feed the hungry. Volunteer your time to sort supplies, set up and/or clean up, or serve meals on Thanksgiving Day.

Invite a neighbor who lives alone to join you for dinner. Take a warm plate of Thanksgiving food--and a big smile--to a shut-in.  Contribute to holiday food collection bins in grocery stores. Purchase pre-packaged boxes of food (generally around $10.00) to be distributed by local grocers. Check with your local place of worship to see where your help is most needed.

So there you have it--facts, myths, tips, websites, and everything you have ever wanted to know about Thanksgiving. May yours be an enjoyable celebration shared with friends and family and filled with gratitude for all your blessings!

$8,000 Tax Credit has Been EXTENDED

by Southern Californias Top Producing Mother & Son Te

Tax Credit Deadline to buy has been EXTENDED!!!

We are so excited to be able to tell our buyers that they still have the opportunity to earn up to an $8,000 tax credit when buying a property!  The deadline to buy a property and still earn the tax credit has been extended to the end of April!  They are even offering a reduced $6,500 to repeat buyers. 

You can read the full article in the LA Times....Click here  

Dont Pay for Loan Modification - Senate Bill 94

by Southern Californias Top Producing Mother & Son Te

Advance Fees for Loan Modifications

On Oct 11th, 2009, Governor Schwarzenegger signed Senate Bill 94 (Calderon), and the legislation took effect immediately upon his signature.  Thus, California law now prohibits and person , including real estate licensess and attorneys, for demanding or collecting an advance fee from a consumer for a loan modification or mortgage loan forbearance services affecting 1-4 unit resedential dwellings. 

IF YOU ARE A REAL ESTATE BROKER, OR THE DESIGNATED OFFICE OF A LICNESED CORPORATION, WHO HAS BEEN ISSUED A "NO OBJECTION" LETTER BY THE DEPARTMENT OF REAL ESTATE FOR LOAN MODIFICATION OR OTHER MORTGAGE LOAN FORBEARANCE SERVICES, YOU CAN NO LONGER ENTER INTO THESE AGREEMENTS EFFECTIVE AS OF OCTOBER 11TH, 2009 NO CAN YOU COLLECT ANY ADVANCE FEES FOR SUCH SERVICES.

Agreements entered into and advance fees collected prior to October 11, 2009 are not affected.  Advance fees inadvertantely collected after Oct 11, 2009 must be fully refunded. 

All real estate licensees should become familiar with provisions of SB94 as there are substantial administrative and criminal penalties for violations.  For full details on Senate Bill 94, CLICK HERE 

Displaying blog entries 51-60 of 119

Contact Information

Photo of Chris Gonzales & Maria Palacios Real Estate
Chris Gonzales & Maria Palacios
Prudential California Realty
16911 Bellflower Blvd
Bellflower CA 90706
(877) 883-1003
Fax: 562-381-9113