Archive for July, 2007
Calling all South Orange County Homeowners!!! I wanted to post about a great event coming up on August 28th at Waters Lakehouse, off of Irvine lake….
YOU are invited to Derek Beisner and William Jordan’s one of a kind FREE DINNER Seminar!! As a personal investor I didn’t think I would learn much by going but I surely did and took lots of good notes Derek and William are totally on key with creative ideas to maximize your money.
You are cordially invited to attend a FREE DINNER SEMINAR.
This event is by invitation only. Please R.S.V.P. to reserve the number of seats you’ll need. Seating is limited, so call Bettie Blauser at (949) 380-8600 xt 221 today.
“How the Affluent Manage Home Equity to Safely
and Conservatively Build Wealth”
This Financial Seminar is designed to help you learn the following:
· Why people fear mortgages and why you shouldn’t!
· Why large equity in your home can be a big disadvantage!
· Why you should separate equity from your home!
· If you were offered an investment that could never go up in value, but might go down, how much of it would you want? How much do you already have?!
· Is equity in your home a prudent investment?
· Should you make extra principle payments on your mortgage?
· Does substantial equity in your home enhance your net worth?
You will also learn the one secret to financial planning that
most professionals don’t even use!
You do not want to miss this workshop if you:
· Have equity in real estate.
· Are planning to retire within the next 1 – 20 years and want to maximize your income in retirement.
· Would like to increase your wealth without taking additional risks.
Your hosts and speakers will be William Jordan and Derek Beisner. Derek Beisner has been a Mortgage Professional for over 11 years and has helped his clients achieve their financial goals with his unique approach to Strategic Equity Management. Derek has helped many of the Weeks Team buyers with mortgage advice and great rates. William is President of Sentinel Capital Management, Inc. For the last decade, William has been educating and assisting Orange County’s investors in planning their financial futures. He does this by designing financial strategies to allow them to accomplish the financial goals that are most important in their lives without undue sacrifices to lifestyle or unnecessary investment risk. Mike & I PERSONALLY use William as our “financial strategizer” and think that he is one of the smartest people we know. If your financial advisor calls you once a year on your birthday you need to talk to William.
This is an educational seminar with no attempt to sell specific investments. There is no cost or obligation. We guarantee it will be time well spent!!
Tuesday, August 28th @ 6:30 pm – 8:30 pm
Waters Lakehouse Restaurant
4615 Barranca Parkway, Irvine, CA
Check in time is 6:15
Seating is limited and reservations are required. Everyone attending learns seldom heard money-saving strategies. Reservation Line: (949) 380-8600 xt 221.
P.S. Call now because seats can fill up quickly.Call (949) 380-8600 xt 221 ask for Bettie.Read Full Post | Make a Comment ( None so far )
Last week we refereed, kept score, and served food at Orange High School for a 3-3 basketball tournament. Today we got up waaay too early (but it was worth it) for a program called “childspree”, sponsored by Orangewoods Jaycees foundation. Basically kids in need got to go on a shopping spree at Mervyns in Foothill Ranch. It was a really nice setup… each child got a book bag stuffed with a ton of supplies, and then they got to go into Mervyns and buy up to $100 worth of school clothes. Each child had a volunteer personal shopper to help them find their sizes and styles. I helped a boy named Andrew he got some really nice clothes and shoes. They have lots of great sales right now!
Foothill Ranch Dennys provided a a hash brown and egg breakfast for everyone, Starbucks donated coffee, FHR Police and Fire Dept stopped in, and there was a bounce house for the kids too. If you would like to get involved next year just get in touch with Sarah Whittenberg-Hawe @ 714-329-7521 or email email@example.com .
Foothill Ranch is the “newer” area of Lake Forest, and it currently has 110 active properties ranging from 285K – 1.3M. It’s a very clean, well planned city, and it reminds me a bit of Aliso Viejo. We highly recommend it to first time buyers because you can get a newer property for a reasonable price. Currently there are 20 properties below 400K available – let us know if you would like to see any of these and we would be happy to schedule an appointment.Read Full Post | Make a Comment ( None so far )
Happy Monday everyone!
Today I wanted to post some good looking investment properties we found in Orange County that are under 1M. See: Orange County CA investments
Usually you can find a 3plex or a duplex below a million, but most 4plexes are 1M+ now-a-days here in the OC. Generally speaking, if you can get your units for less than 250K its a decent investment. Please note this ONLY applies to Orange County, CA investments, NOT the rest of the country.
If you are interested in investing in property throughout the rest of the US, generally if you get the unit for less than 100K its good. There are a ton of other factors to consider when investing besides the price, though. Here are just a few:
1. Location, location, location
2. Age of structure and roof. As the landlord you get to make repairs, so choose an investment with “good bones”
3. Number of units, and number of bedrooms in each unit (more units = LESS risk when it comes to vacancies and paying out of pocket)
If you would like more info on investing here in Orange County or across the country please do contact Mike and I. We would love to meet with you and also go to a Nouveau Riche workshop or class with you.
What’s Nouveau Riche? In French it stands for “new rich,” and its the latest and greatest in real estate investing. Nouveau Riche guides investors on how to make the RIGHT investment decisions with college courses. We highly recommend checking it out. Just because you have some extra cash around doesn’t mean you have any business investing it in Real Estate blindly. Just ask us for some horror stories, we got em.
Our goal is to help make your real estate investing easy from the beginning, and there is an order of operations along with a learning curve in the industry. Let us help – call or email todayRead Full Post | Make a Comment ( None so far )
Hello Orange County bargin hunters!
We’ve got good properties for you Recently we blogged about the market softening a bit, and short sales coming into the picture. We wanted to let you know about another type of property you can get a good deal on…bank owned!
There’s way less bank owned listings than short sales right now, but if you buy from the bank directly you can usually get a good deal because they WANT to get rid of the property. Bank’s can’t lend the max amount of money when they own properties, so they are like dead weight… the bank wants to get rid of them FAST. That =’s a deal for you
Dealing with a bank is a bit different than the traditional transaction, so you’ll want to remember the following:
1. These properties are usually sold ”as – is”.
2. The contract is a different form than the usual CA Residential Purchase Agreement, we would be happy to explain further differences if you’re interested.
3. Although the bank wants to get rid of the property fast; by nature they are slow. Sorry to offend any bankers reading but you are!
Buyers should expect anywhere from 30-90 days when working with bank owned properties. Sometimes these are also called “REO’s” in case you hear the term.
My favorite is the property with the city lights view and pebbletech pool in Mission Viejo for under 900K. Which is yours?Read Full Post | Make a Comment ( None so far )
How do you incorporate “man’s best friend” into your Orange County dream home? Mike and I think we have some answers…and they’re AWESOME!
Orange County has very low crime rates and that’s one of many reasons it’s so great to live here. Keeping your home safe while letting your pet access your yard can be tricky. We just discovered a great company that sells pet doors that can be installed in your patio doors, screens, sliders and even walls of your home. Petdoors.com has everything you need. They have magnetic and electronic doors that keep out unwanted intruders while allowing your dog to access the outdoors. The electronic doors work like this….your pet wears a charm on their collar that unlocks the pet door when they get within a short range. It then re-locks and only opens again when the pet comes back into range. You can set up the system for up to five animals in your home.
Once your pet is outside what do you do about lawn damage? Once again another company we’ve come across can keep that lawn, dog run or patio beautiful. WaterlessTurf.com can put down artificial grass that your animal can urinate on. It’s laid on 2-3 inches of rock & gravel that allows for drainage. All you need to do is rinse it off regularly and your green lawn stays green all year long.
Mike and I are such animal lovers we bought our home for our dogs! As Orange County “Pet Friendly” Realtors, we know and understand your pet needs first hand and can help you search for a home as well as sell your home when pets are involved. Give us a call today and let us help you get started.Read Full Post | Make a Comment ( None so far )
Is buying a home in Orange County a dream, but you don’t think it can be a reality?
Well, it can be…..for EVERYONE! We just had a wine & cheese party for First Time Buyers in Orange County. We held it at our office in Laguna Niguel on Crown Valley Pkwy. It was a great success for everyone who attended as well as us. All attendees were educated in the Homebuying “Process” because let’s face it, buying a home isn’t something that happens overnight.
At the Homebuyer Seminar Mike and I went over a plan we’ve put together that guides you through everything you should know before you even start looking at property. Taking the time to improve your credit, narrow down neighborhoods, and figuring out your “wants vs. needs” in a home can really make a HUGE difference in the overall outcome of homeownership.
Our guest speakers were David Frank from Countrywide Lending and Jim Kelly CPA. David explained how Countrywide has many different programs for buyers that suit each individual situation. David also offered a free credit report to buyers working with Mike and I. Contact him at David_Frank@Countrywide.com or call him at 949-282-2228. Jim went over the many tax advantages of homeownership and gave us examples of how paying rent vs. buying can actually be more expensive. Amazing! Jim’s contact info is Jim@JimKellyCPA.com and his direct line is 949-709-3800.
If you didn’t have an opportunity to come, but want to get the information, we have packets ready for you. We would love to bring you one. We can meet for coffee, lunch and wherever is convenient for you. Feel free to give Mike & I a call at 949-338-7408 or stop by our office anytime. We always look forward to hearing from you.Read Full Post | Make a Comment ( None so far )