LOW-INTEREST DISASTER LOANS AVAILABLE TO AREA RESIDENTS
Federal loans range from $200,000 to $2 million; application deadline is February 17 The U.S. Small Business Administration (SBA) announced today that low-interest federal disaster loans are available to those affected by the recent wind storms.Homeowners, renters, businesses and non-profits are eligible. A loan outreach center has been established at: Pasadena Fire Headquarters199 S. Los [...]
Experts say Now is the Time To Buy
Experts say Now is the Time To Buy With LOW Interest Rates Interest rates are at historic lows and will determine what you actually pay for the home.Buyers should really be looking at interest rates instead of just the price of the home. For example, if a buyer is obtaining a $250,000. loan at [...]
Experts say Now is the Time To Buy
Experts say Now is the Time To Buy With LOW Interest Rates Interest rates are at historic lows and will determine what you actually pay for the home.Buyers should really be looking at interest rates instead of just the price of the home. For example, if a buyer is obtaining a $250,000. loan at [...]
Michael Jackson’s Vegas Estate Listed with Arcadia Realtors
Just recently offered for sale at$12.8 million through Arcadia’s Century 21 Ludecke is a palatial estate known as the “Palomino Hacienda” that was Michael Jackson’s last Las Vegas home prior to his death. The sprawling Spanish Hacienda is a spectacular property, featuring a 3,982 square foot guest house, which was the main residence of [...]
Deadly Mistake #4: Make the Interest Rate on the Note Nice and Low
It’s tempting to offer a low interest rate to entice a buyer to give you a fat, juicy price for your property. It’s OK if that gets the job done and you’re happy with it, but you just have to know that you’re writing in the discount you will ultimately take on your note. Don’t [...]
Avoid the 7 Deadly Mistakes Sellers Make When They Carry Paper (Part I of VII)
Deadly Mistake #1: Take a small down payment, or none at all Gosh, isn’t it amazing the price you can get for your property if you don’t ask for a down payment? You can make owning a home cheaper than renting if you want to! It’s OK with me if you take a small down [...]
We Need to Dump Our Owner Financed Note!
If you see tornado clouds forming on the horizon, chances are you’re going to grab a flashlight and a box of crackers, (and some wine and cheese to go with) and head for the cellar. That is, unless you’re like Dorothy in the Wizard of Oz, who peddles along absolutely clueless, but with a nice [...]
Indecent Exposure
“Get your clothes on, Ethel!” I’m wanting to say that line came from a song inspired by the streaking culture in the ’70s. I’m sure many people were offended by the 500 nude participants at the University of Maryland in 1973 that started the whole phenomenon, and the rash of streaking incidents that followed. In [...]
Collecting Shells before a Tsunami
I’ve never witnessed a tsunami first hand, but I’ve been told that before the devastating wall of water devours everything in its path, like a hungry sea beast charging in for a glorious feast, there are a few moments in time that seem quite magical to the innocent and unsuspecting. The water line temporarily recedes, [...]
Wrapping a Construction Loan
Even though it makes a ton of common sense, I was surprised to hear that the bank was going to work with this investor, who got stuck in the eye of the lending crisis. Here’s what she sent me: “I’m trying to find out how I can owner finance my property and still give my [...]