TESTIMONIAL FROM JASON WERNER & KRISTINA DRESHER

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On May 20th I posted about an FHA 203K REHAB loan we did for Jason Werner and Kristina Dresher.

Kristina had maintained a blog for the many months leading up to the time she discovered us. She just emailed us her latest post and it's very gratifying.

I'll paste it here below, along with the link so you can check out the entire ordeal they experienced before finding us.

Thanks, Kristina! You've made our day!

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So CAl funding

More than just a shout out...

For those of you who have followed along, been a part of or just got curious how this whole deal was gonna go, thanks. Your thoughts, interest, love and generosity have been such a huge comfort to the Dresher/Werner Project.

We have just passed the one year mark on our project and for the past 7 months the house has sat looking _almost_ done. We, like so many others, were faced with the reality of a cruddy economy, banks so tight it was hard to get a phone call much less money and Bay Area job layoffs. (layoffs we managed to duck) For that whole period of time we were in desperate need of someone, anyone, to go to bat for us and get those last few dollars needed to complete the house.

If you have followed the blog, you would have seen our plea for help back in November. We were at our wits end. No hope I sight. So many poured out with offers of help but the one key piece was the loan. We were so sure we were going to be living in tents in the yard when an email came though. Dallas, my former boss’s wife, says, “Hey, I think I know someone who can help…” Boy did she.

One call, just one, to Jon Sheehan at Southern California Funding was all it took. He called me back after reading our story and said, “I know I can help you out.” Not “let me try” or “we will see”. Jon knew.

We, on the other hand, we just were not sure. We had been burned a few times by now. So, a trip to Temecula and we were on our way. Jon and his team went so far beyond every other lender we had talked to, finance companies we contacted and even our own bank. They knew from day one how to make it work. Never once did they let the state of the economy get them down. Our situation was not an easy one. House half done and no CO made finding a product that would work for us a real tough thing. But, Jon did it. Well, Jon and a whole lot of others over there.

So, Jon, Nicole, Kelly, & everyone, thank you. You stuck by us not matter how crappy the lender got. You never bailed on us when docs needed to be sent in over and over. You kept me calm and informed. You made sure the lender did not forget about our file when it really seemed like they wanted to. And in the end, those last hurdles seemed a little less ominous thanks to you. I can say, confidently, that the fourth times a charm. Cause that is how many times it took us to find a company and people that could make things happen for us. And you did.

Construction started a few weeks ago. Finally.

If anyone out there is in need of some help, I am confident Jon and his team can help you out, point you in the right direction or make sense of all the crap out there. Give him a call: 951.676.9640; Jon’s cell 949-584-5644; Ken’s cell 951-760-3833.

http://www.2124republic.org/RepublicRemodel/SoCalFunding.html

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What A Great Deal For Michele Ambriz & Ophelia Wells!

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Michele Ambriz and her Mom Ophelia Wells scored big with their home purchase in Sun City. This is Ophelia with her granddaughters.

We just closed on May 26th. They purchased a bank-owned property that had water damage. The bank paid for the rehab and we got them a great deal for only $124,000.

Congratulations to Michele and Ophelia!

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IT PAYS TO HAVE A REPUTATION FOR GETTING THE JOB DONE

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Here's Jon and I with the Final HUD 1 Closing Statement for our clients Jason Werner and Kristina Dresher. They used a mobile notary to sign their loan documents in Costa Mesa so we never met them face to face.

Jason and Kristina own a home in Costa Mesa that needed major rehab. They completed about half of the rehab with their own savings. They thought it would be no problem getting a new "rehab loan" to complete the rehab because they had plenty of equity, great credit scores and income.

They tried getting the FHA 203K REHAB LOAN Through both Countrywide and Wells Fargo. Due to lack of experience, incompetence or both on the part of their respective loan officers, their applications were denied by both Countrywide and Wells Fargo.

There they were, stuck with a house they could not live in!

The path that led them to us is still a bit fuzzy but basically, it was through a friend of a friend of a friend of a friend who eventually led them to us.

We are experts at doing FHA 203K REHAB loans and were able to secure their loan approval and walk them through the process.

Lesson: Having a reputation for getting the job done - and especially the difficult ones - pays off.

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WHAT'S GOING ON?! THE THIRD HALL BROTHER ALSO WINS FIRST PLACE!!!!

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My youngest, Logan, will turn 7 years old in a couple weeks.

Not to be outdone by his two big brothers, Logan also just won first place in the first grade speech competition at Rancho Community Christian School.

Way to go Logan! Very proud of you!!

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AUSTIN'S 9TH BIRTHDAY AND ANOTHER 1ST PLACE WINNER!!

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My middle son Austin's 9th birthday was March 31st. Bowling and Pizza Factory was the order of the day.

Of my three sons, Austin is the Ham:) If there's an audience, camera or microphone in the vicinity, he's at his best.

I remember when that became abundantly clear at his kindergarten graduation program. All the other kids who walked up to the microphone had the "deer in the headlights" look.

Not Austin! He walked up to the microphone like a conquering hero with the biggest smile on his face and just hammed it up:)

So it comes as no surprise that he just won first place in the third grade speech competition at Rancho Community Christian School.

He now gets to compete in the finals with other winners from other schools.

Way to go Austin! I'm very proud of you.

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INCREDIBLE DEAL FOR CARMINE & THERESA OLIVERI!!

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In this market, there are only two types of home sales: bank-owned properties and short sales. Traditional seller/buyer sales are few and far between.

We're 99% involved in bank-owned properties but from time to time I'll take a short sale listing. The challenge with short sales is they take a long time to get approved, however, the lenders are getting better and faster.

The Oliveri's purchased my short-sale listing on Corte San Luis in Temecula for an incredible price - $236,000! That's about $50,000 below the current comparables.

So I'll pat myself on the back a little bit for doing a good job negotiating the price with the lender:)

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DILLON'S 11TH BIRTHDAY PARTY

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My eldest, Dillon, just celebrated his 11th Birthday with a paint-ball war with his friends. Wow, kids sure do grow-up fast. Can't believe he's 11 years old. Dillon is wearing the white shirt.

They all had a great time. The other Dad's and I joined in, too, at the end. Of course, the kids were NOT allowed to shoot back at us:)! It was a lot of fun.

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