|
|
WELCOME TO REN HANAMI'S REAL
ESTATE INFORMATION
License #01835154
(310) 367-3836
November Newsletter: Featured Buyers
|
Ren Hanami | Star Real Estate | 714-594-4166
|
First-Time Home Buyers Doreen
Mercado and Michelle Fino
"When
Doreen and I first thought about buying a home, we both knew that it
was going to be a time consuming and exciting process. What we
didn’t
know is that it can also be an emotional rollercoaster. Doreen
and I
realized pretty quickly that we had to look at homes with an objective
eye instead of falling in love with any particular place. Losing
bids
on homes we really liked was the most difficult part of the
process.
At times we became frustrated with being one of 10 or 15 offers on a
homes we really wanted. During these times Ren’s attitude was
always
positive. I would definitely recommend Ren to anyone I know that
is
looking to purchase or sell a home. Without Ren, we wouldn’t have
been
able to experience the best part of the entire process... Getting the
keys to our new home! Ren worked so hard and never lost hope or
focus
that together, we would find something that was right for us.
Doreen
and I were fortunate to have had Ren as our agent."
Thanks,
Michelle
|
Doreen
and Michelle bought a townhome style condominium in Signal Hill, CA.
They obtained their FHA Loan through Susan Van Wagenen of Terra
Mortgage.
|
Congress passes bill
extending unemployment insurance, home buyer tax credit
By Perry Bacon Jr.
and Dina ElBoghdady
Congress on Thursday
completed final approval of a bill that includes several measures
designed to spur the economy and help people who have lost their jobs,
representing its latest intervention as the country suffers through its
worst recession in decades.
The $24 billion bill, which
the White House said President Obama will sign on Friday, would provide
unemployment benefits of least 14 weeks for people out of work. Those
in the more than two dozen states with unemployment rates above 8.5
percent would receive up to 20 weeks of the benefits. The legislation
would also extend through April 30 a $8,000 first-time home buyer tax
credit that was passed earlier this year.
|
Rates
continue at low levels with
Conforming 30 Year Fixed (Under $417,000) at 4.875%, High Balance
($417,000 to $729,500) at 5.25% and Jumbo (over $729,750) at 6.25%.
For
those borrowers that have shorter term goals, the 5 year fixed product
is priced great with Conforming (Under $417,000) at 3.75%, High Balance
($417,000 to $729,7500 at 4% and Jumbo (over $729,750) at 4.75%.
It
was just announced today that the current loan limits have been
extended through the end of 2010. That is the first bit of good
news
we have been waiting for. Los Angeles and Orange County's High
Balance
Loan Limit for FHA and Fannie and Freddie stays at $729,750.
Remember
that Riverside and San Bernardino cap at $500,000. Anything above
these limits is considered a Jumbo loan.
(Information courtesy
of Susan Van Wagenen of Terra Mortgage)
|
 |
|
|
Contact
info:
|
 |
|
Ren Hanami
|
|
Star Real Estate
|
|
714-594-4166
|
|
|
|
|
|
|
|
|
|
Posted: November 6, 2009, 12:25am PDT
|
|
September
Update
STAR REAL ESTATE HARBOUR HOMES
www.starrealestate.com
|
|
