Monthly Archives: March 2012

OPEN HOUSE INVITATION

This Sunday, April 1, 2012 I’ll be holding an open house at 2229 De La Vina St., Santa Barbara 93101 from 1 PM to 4PM
It is a charming 3 bedroom 2 bath Craftsman style home zoned commercial for $725,000, close to Trader Joes and Cottage Hospital. Hope to see you there!

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Montecito, Santa Barbara & Santa Ynez Prudential California Realty rated #8 in the WORLD!

Just got word today that our office has been ranked #8 in the world! The market here is “surging” according to First American Title officer Judith Rattray, Santa Barbara CA.

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Warren Buffett says NOW is the time to buy single family homes.

Buffett: I’d Buy Couple Hundred Thousand Homes

Warren Buffett, CEO of Berkshire Hathaway, said on CNBC’s “Squawk Box” that buying single-family homes is such a great investment right now, if it were practical, he’d buy a couple hundred thousand of them.

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Letter From The Attorney General:

Dear Jeanne,
This week, I stood with Assembly Speaker John Pérez and Senate President pro Tem Darrell Steinberg to introduce the California Homeowners Bill of Rights, which will bring fairness and transparency to mortgages in our state.

Today, I’m writing to ask your help with this work. Powerful special interests will oppose closing the mortgage loopholes that hurt homeowners. We need your help to get this bill to the governor’s desk.

Pledge to join me and Courage Campaign as a Co-Sponsor to pass the California Homeowners Bill of Rights. We’ll keep you informed and updated as the legislation advances.

We have all seen the results of a mortgage process that is stacked against the homeowner. From Stockton to Boyle Heights, from San Bernardino to Sacramento, our families and communities are suffering from a foreclosure crisis. We need a mass movement to make calls, write letters, and mobilize Californians on their behalf.

Last month, we extracted an $18 billion commitment from the banks for California. That was a life preserver for underwater homeowners. Now we must fundamentally reform our broken mortgage system.

Join our movement for mortgage reform. Then, ask 5 friends to do so, too.

The Homeowners Bill of Rights restricts the insidious practice of “dual tracking,” under which homeowners are seeking a loan modification from their bank — and get foreclosed upon anyway. It requires lenders to offer homeowners a single point of contact for questions about their mortgage, and imposes fines of up to $10,000 for “robo-signing.”

This work won’t be easy, but it will benefit families across the state. Please raise your voice on their behalf.

Sign on as a Co-Sponsor of the Homeowners Bill of Rights.

Standing with you,

Kamala D. Harris,
32nd Attorney General of California

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Warren Buffet advice 2/29/12

Warren Buffet, has told the people closest to him that buying a home right now “will be the best opportunity in their lifetime.” Seen by many as the greatest investor of our time, when Warren speaks, people listen.

“Housing will come back — you can be sure of that. … The devastating supply/demand equation [that existed prior to 2008] is now reversed.  Every day we are creating more households than housing units. People may postpone hitching up during uncertain times, but eventually hormones take over. And while “doubling-up” may be the initial reaction of some during a recession, living with in-laws can quickly lose its allure.”

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