Giant Home for the Klock Family!

********************

One of our recent bank-owned homes in Lake Elsinore was located directly across the street from the house the Klock family was renting. Their rental house was a very small, cramped two-bedroom and it wasn't an ideal situation at all.

When they discovered the large 4 bedroom home with double the square footage was up for sale, they called us to see if it were possible for them to buy it. They didn't think it was realistic that they could qualify for a loan, but they at least wanted to try.

Long story short: we worked hard to get them qualified for an FHA loan with only 3% down payment and was able to get them qualified using their parents as "non-occupant co-buyers."

They were surprised we were able to make it work and very grateful. Tara's my new best friend and never missed an opportunity to show me her seven Special Olympic Gold Medals.

Congratulations to the Klock family! It's very gratifying for us to have been a part of making it happen for you all.

**********************

DREAM HOME FOR FIRST TIME BUYERS CHARMAINE AND SAMY!

**********************

First time home buyers throughout the Temecula Valley are pinching themselves over the incredible affordability of homes in the area.

Charmaine Tauanuu and Samy Tadrousse are no exception. For the last few years they thought they were locked out of the housing market for good; forever destined to rent as long as they lived in Southern California.

We had the pleasure of helping Charmaine and Samy make their very first home purchase their absolute dream home.

In the beautiful Tuscany Hills area of Lake Elsinore, Charmaine and Samy purchased a like new home on a cul-de-sac with a pool and the most incredible views of the mountains and Canyon Lake.

Congratulations Charmaine and Samy! We really enjoyed getting to know you and working with you.

************************

Horrible Mortgage Vanishes ... Great Mortgage Takes It's Place

****************************

The mortgage and real estate industry is much more difficult than it was a couple years ago. Most of the people I've known for years in the business are now gone.

All of the 'EASY' loan programs are now gone; underwriting guidelines are much more strict; stated income loans are extremely difficult to qualify for.

But one of the gratifying aspects of the industry that remains is when we're able to fix the past abuses of dirt-bag lenders and real estate agents and save innocent homeowners.

Patrick Paster's Mom, Barbara was in a horrible subprime loan with a balloon payment coming due on January 1, 2009. Barbara is disabled and was really taken advantage of by the loan officer for a bank that will remain nameless.

With some difficulty, we were able to get Barbara out of the crummy loan and into an FHA 30-year fixed rate loan with a much lower interest rate.

****************************