Starting or Selling a Business - 12/29/10 02:06 PM
STARTING OR SELLING A BUSINESS
Business owners have unique cash flow needs. Here are some tips and strategies for business owners, entrepreneurs and those who wish to sell their business or otherwise enhance their cash flow situation.
Understand and Calculate the Risks Associated with Your Financial Decisions. Everything in life carries risk. The key is determining how to calculate and minimize the risks associated with your decisions.
CMPS professionals help you evaluate the cash flow and home equity protection implications of various financial or business planning decisions.
Understand that Liquidity is the Most Important Issue.
Liquidity is the ability to … (0 comments)

Liquidating Assets to Fund Your Home Purchase? You have other options. - 12/29/10 12:52 PM
Liquidating Assets? You Have Other Options!
If you are considering liquidating assets from a traditional retirement account for your housing needs, read this document first! Low mortgage rates can save you tens of thousands of dollars in taxes and lost opportunity cost.
Consider this example:
$100,000 net funds needed for down payment or cash purchase
$133,333 gross withdrawal required if you are in a 25% income tax bracket
Withdraw $133,333, pay taxes and walk away with $100,000
$138,889 gross withdrawal required you are in a 28% income tax bracket
$149,254 gross withdrawal required you are in a 33% income tax bracket
… (0 comments)

Thinking of Selling Your House the First of The Year? Don’t wait until then to start preparing! - 12/22/10 03:18 PM
This is a fantastic read for those you looking forward to selling your home next year. Pay special attention to the preparation! Preparing is the key to a succesful sale today.
Via Jessica Pirone (Just Perfect! Home Staging & More):
[This blog was tagging off of my last blog and was November's exerpt for www.Century21Sweyer.com/blog.  Again, it's a little late, but could still benefit sellers with Christmas gifts and packing up after Christmas! :) ]
 
So, last month, I talked about some things to consider when decorating your home for the holidays while it’s for sale.  I hope that helped some of … (1 comments)

20 Terms You Must Know! Mortgage and Real Estate - 12/21/10 11:54 AM

… (1 comments)

FHA 90 Day Flip Rule/Waiver Set to Expire February, Some Lenders Expiring Monday - 12/17/10 03:21 PM
What say you? Please leave comments, we are all interested in knowing the potential impact.
Let us first gain an understanding of 'flips' and 'flipping' and why these transactions have a bad name.
Throughout the early part to the last part of the 2000's flipping was a practice in which speculators would drive up a specific market place by buying and immediately selling at inflated prices. Most of these transactions went down within a very short time period from one closing to the next. Investors negotiated blocks of new homes or condominiums that they immediately turned around and sold for a … (2 comments)

The importance of a CERTIFIED loan officer, CMPS Code of Ethics, a brotherhood/sisterhood of students of the industry - 12/17/10 02:28 PM
… (0 comments)

Buying a vacation home? - 12/16/10 01:46 PM
There are ways to comfortably afford the vacation home of your dreams while making smart financial choices. A vacation home can be a very wise investment when the proper financing methods are utilized.

Here are a few tips and strategies:
If you have multiple location choices, Certified Mortgage Planning Specialist professionals help you evaluate the potential purchase:
From an investment perspective:
Which area is likely to appreciate more in value over the next several years?
Which area is more likely to enable you to rent out the home when you are not using it (if you desire to do so)?
… (0 comments)

What is the value of my house? - 12/16/10 01:11 PM
Over the past few months many clients have struggled with the question of "What is the value of my home?"
WHO KNOWS??!!!

This answer is as good as any in this market considering all of the short sales, foreclosures, and distressed property sales in the market. However; before you settle on a value number for your home, make sure you ask yourself WHY you are asking this question. There are many ways to look at the so called value of your property!
Let me explain!
Are you considering selling your home?
If you are, remember that your home will typically … (1 comments)

Secluded Vista 4 bedroom 3 bath home for sale - 12/15/10 07:48 PM
 
 
 

Secluded Vista 4 bedroom 3 bath home for sale
Vista seclusion at its finest. A tall forest surrounds this home on nearly 2 acres. This is contemporary design to the hilt. Gorgeous archetecture abounds at every angle. Tons of living space with very smart use of porches, balconies and sun decks.
This Secluded Vista 4 bedroom 3 bath home for sale in Vista, CA can easily house the large family, executive country lover, low maintenance forest lover, retired couple or party revelers.
So much to offer from this Secluded Vista 4 bedroom 3 bath home for sale … (0 comments)

Refinancing a Mortgage - 12/15/10 12:03 PM
REFINANCING A MORTGAGE
Here are some tips and strategies that save you money when you are in the market to refinance your home loan.
Don't get caught in the trap of consuming your home equity by getting deeper into debt to go on
vacation, purchase unnecessary items and spread out your car loans and credit card balances over

30 years. CMPS professionals help you implement viable refinancing strategies to conserve your home equity, build greater wealth and achieve your goals in life.
Understand that you may need to pay higher fees or interest rates if you are getting cash out … (1 comments)

Solana Beach Townhome with Ocean Views - 12/14/10 05:11 PM
 Solana Beach Townhome with Ocean Views

Solana Beach Townhome with Ocean Views
Fabulous opportunity to own a Solana Beach Townhome with Ocean Views. This 3 bedroom 2 bath home boasts views of the complex pool, views of the ocean and an abundance of activities and entertainment near by.
Solana Beach in San Diego County yields much to do for the busy family.
There aren't very many of these Solana Beach Townhome with Ocean Views available. What a great way to own a second home, potential vacation rental, wonderful legacy to pass on to your family or even occupy this home … (0 comments)

Changing a Job or Career - 12/13/10 11:54 AM
HA! Made you look! Actually, this is for the consumer, not the real estate profgessional.
CHANGING A JOB OR CAREER
Economic globalization is changing the way that business is done all over the world - especially in America.
Many corporations are unable to respond to the rapid changes in the economy and business environment
and they are going through one bankruptcy or restructuring after another. Are you prepared to face the
financial impact of losing your job or changing careers? Here are some tips on how to weather the storm:
 
worth of your income in a cash reserve account. This … (0 comments)

Why Mortgage Planning is FINRA Compliant - 12/10/10 11:20 AM
Why Mortgage Planning is FINRA Compliant
The Financial Industry Regulatory Authority (FINRA) regulates broker-dealers and their registered
representatives. Most registered representatives today call themselves "financial planners" or
"financial advisors". Some broker-dealers are of the opinion that mortgage planning somehow falls
outside the domain of financial planning or that FINRA prohibits broker-dealers and their registered
representatives from discussing or recommending mortgage options to clients.
Mortgage Planning is Part of Financial Planning>

Let's be clear. Mortgage planning is not telling people to cash out their home equity and dump it
into the latest high-yielding investment opportunity. Mortgage planning is the process of … (0 comments)

How Small Changes Make a B-I-G Difference - 12/09/10 02:41 PM
How Small Changes Make a BIG Difference
It's no secret that mortgage rates are at record lows. But according to many so called "gurus", it
only makes sense to refinance if you can save x or y amount of dollars. Don't let all the guru noise
or internet-babble discourage you from checking things out for your own situation.
For example, consider someone who just purchased a home or refinanced their $200,000
mortgage several months ago. They might have a mortgage rate of 5.5%. Many "experts" would
say it's not worth it to refinance unless they can lower their rate by a … (0 comments)

Oceanside West of I-5 Steps to the Sand Ocean View - 12/07/10 07:30 PM

Oceanside West of I-5 Steps to the Sand Ocean View
Welcome to life West of I-5! 300 steps to the Pacific Ocean. From this Oceanside West of I-5 Steps to the Sand Ocean View home you can enjoy walking the boardwalk, the famous Oceanside Pier and fun nightlife.
This Oceanside West of I-5 Steps to the Sand Ocean View lovely home is situated right next to Buccaneer Park. Look after the kids while they play at the park.
Night life near this Oceanside West of I-5 Steps to the Sand Ocean View home is incredible. Loads of places to eat … (0 comments)

How to get a Senior Citizen Housing Discount - 12/07/10 01:48 PM
How to get a Senior Citizen Housing Discount
How to Get a Senior Citizen Housing Discount
Housing is on Sale!
 

 
It's no secret that there is a clearance sale going on right now in the housing market. The
problem is that many people - especially senior citizens - can't seem to find the cash to buy
a new home. Or, if you can afford to buy a new home, how can you avoid taking a huge
loss on the sale of your old home? Either way, there are special programs available for
senior citizens who are age 62 … (0 comments)

QE2 and YOU! Everything you need to know about QE2 - 12/07/10 01:21 PM
QE2 & YOU
The Wizards of the Fed Unleash QE2, and What it Means for YOU

Once upon a time, in the merry old land of America, the bankers were wealthy, the people were healthy, and the
politicians were stealthy. Then there came to the land a Great Financial Crisis in the year two thousand and seven. The
bankers were hated, the people felt cheated, and the politicians stayed crooked.
The great wizards of the Federal Reserve decided to convene in their laboratory to see what could be done. After
months of laborious tinkering, they created a magical potion known … (0 comments)

Pearl Harbor Day - 12/07/10 12:19 PM
Today is Pearl Harbor Day. If you happen to know a survivor from WW II, please call them and theank them. If you know any veterans from any of our American armed engagements, please call them and theank them. If you know an American service member, please call them and thank them.
Thanks to all our veterans, active service members and those on duty to protect us. Thank you!

… (0 comments)

Rancho San Pasqual Home 3 Bedroom 2 Bath - 12/06/10 04:03 PM
Rancho San Pasqual Home 3 Bedroom 2 Bath
This Rancho San Pasqual Home 3 Bedroom 2 Bath is a in a nice spot backing to open space with miles upon miles of trails. This home will be the delight of many!
In this developement with this Rancho San Pasqual Home 3 Bedroom 2 Bath you will find the Eagle Crest Golf Course, San Pasqual Union Elementry (K-8), miles of cart paths for joging and biking.
The streets are wide and the pace is slow. There is a gorgeous club house with large heated pool and spa. This is a true family neighborhood! Tons … (0 comments)

Help Your Clients Plan Their Mortgage - 12/06/10 03:08 PM
 
Mortgage Planning Process Checklist
Mortgage Planning is about building relationships, not just conducting a transaction. As such, it requires a defined system of accountability in order to work effectively. The Mortgage Planning Process consists of the following five steps and the actions you need to achieve these steps. You should always keep these in mind and reference them when working with your clients!
1. Establish and Define the Client-Planner Relationship
 
Ask the client information about their financial situation and their time frame for results and success 
Gather all the necessary documents before giving you the advice you need. … (0 comments)

Taxation and Real Estate, the Importance of using a real Certified Mortgage Planning Specialist - 12/03/10 01:59 PM
Taxation and Real Estate, the Importance of using a real Certified Mortgage Planning Specialist
Are real estate taxes deductible on properties that aren't qualified residences? How?  Schedule A?  Any limitations number of properties, etc.? If someone mortgages one property to purchase another, how is the interest on that loan treated? Investment interest or qualified residence interest? Acquisition interest or home equity interest? For an acquisition mortgage, does the loan need to be a lien on the property that was acquired? If someone buys a home for cash and then puts a mortgage on the property to cash out the equity, is … (0 comments)

 
20 Years Experience with FHA, VA 10 Years Experience with USDA Thousands of Mortgage Loans Closed


Listings

Links

Archives

RSS 2.0 Feed for this blog