College Park (Long Beach, CA)
By James Chai, Real Estate Websites
(agentlabs)
We wrote about this in an article back in August What if Active Rain Incorporated a Property Listings Feature and sure enough it's here.  It made sense then and definitely makes sense now.  Based on what we see it looks like Active Rain took some advice from us. In a 2008 Yahoo Real Estate Report it outlines some key factors consumers look for when visiting Real Estate Websites and/or Networks.  One of the highest rated things is searchable property listings.  So it makes perfect sense for them to add this feature and compete with Zillow and Trulia as well as increase their overall unique visitors. Agents, Brokers & Realtors© upload (add) their listings, consumers visit those listings AR gets more traffic and professionals increase their lead counts ... everyone wins. It is pretty strai...
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By Kirk Mulhearn
(Prudential California Realty/Gem Mortgage)
  What is FHA 203(k) Financing?   Long Beach, CA. This US Governments housing program has been in existence since the 1990’s.  Its purpose allows a home buyer the opportunity to finance into a 30 year fixed mortgage upgrades and repairs they want up to $35000 above and beyond the sales price.  Below outlines how these funds may be utilized.   Finance your kitchen appliances such as refrigerator, stove built in microwave, dishwasher, hot water heater, built in trash compactor as part of your 30 year fixed FHA loan.  Energy efficient appliances may be eligible for additional rebates from the local utility company.  As just signed by rebates from the local utility company.  As just signed by President Obama, buyers may qualify for up to a $1500 tax credit for energy efficient upgrades too!...
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By Kirk Mulhearn
(Prudential California Realty/Gem Mortgage)
Long Beach, Ca.   After an exceptionally inspiring and charismatic speech,  our National Leader gave some of the best sound bites I have ever heard last night in an extremely populist speech.  Indeed, to watch many of the star struck senators and congressmen anxiously line up to have their programs autographed by Obama makes one wonder about the head rush of euphoria going through the law makers of our country as they prepare trillions of more spending bills.   However, the real problem with all of the bail out and stimulus projects with the government pumping trillions of even more money into our economy is that it is going to all have to be paid back with interest for by the next several generations of Americans at  a very heavy economic cost to the economy. Federal Reserve Chairman B...
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By Kirk Mulhearn
(Prudential California Realty/Gem Mortgage)
Long Beach, CA.  Notice to all school teachers:  Take advantage of the 80/17/3 CalSTRS lending program as soon as you can.  This is no doubt the easiest way to purchase a home if you are a school teacher.  The way it works is like this:  The investor will make a first trust deed at 80% of the sales price.  There will also be a silent second trust deed behind the first trust deed at the same interest rate as the first for five years.  Today's rate is 5.5% for both the first and silent second for a 30 year fixed loan.  The only down payment required from the teacher is 3% of the sales price!  Note this is .5% less then what HUD is requiring through an FHA loan and better pricing, too!  If you are a school teacher, contact Kirk Mulhearn at 562-989-4608  ext. 110 and get pre-qualified and y...
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