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You Want to Know - Can I?

By Myrl Jeffcoat

Real Estate Agent

September 01, 2010 02:57 PM

Honestly, I sometimes wish I could let folks in Greater Sacramento know, that I am marinating in the Jacuzzi at California Family Fitness, three days a week around 3:00 pm. I invariably get out of the pool from swimming laps, and into the spa to enjoy 10 minutes of closed eyes while getting into the Zen of things. My eyes pop open with the questions that come with the stampede of oncoming feet into the jacuzzi.

Occasionally, those who know I'm "into real estate" will accompany their gallop on the spa steps with a question or two.

This week, the predominate scenario is that which is visited upon many homeowners, who would like to stay in their homes and are wondering if they can refinance to take advantage of the current low interest rates.

Refinancing has become unattainable, for many who would otherwise benefit from it. Many homeowners have mortgages with higher interest rates than they can handle. If they could take advantage of lower interest rates, they'd be fine.

For some, there is a program that may help. It is a government plan, titled, "Making Home Affordable." The plan was implemented, while hoping to assist many, who wouldn't otherwise qualify to refinance to new lower interest rates.

Many homeowners wonder if their existing mortgages are held by Fannie Mae or Freddie Mac. You can click on the , "Making Home Affordable" website to find out.

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ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779

REAL ESTATE REFERRAL NETWORK - Asheville, NC

CONTACT janeAnne365@gmail.com

Myrl~

OH! Galloping to the zen-spa with mortgage rates on their minds...hmmmm..maybe that should be a song.. (I'm grinning)...

Sep 01, 2010 04:13 PM

Richard Iarossi

Coldwell Banker Residential Brokerage - Crofton, MD

Crofton MD Real Estate, Annapolis MD Real Estate

Myrl,

Great title for your new book, "The Zen of Real Estate." It's no longer location, location, location thats keeping the real estate market up, it's rates, rates, rates.

Rich

Sep 01, 2010 04:15 PM

Marchel Peterson

Results Realty - Spring, TX

Spring TX Real Estate E-Pro

Myrl, It sounds like the spa time is getting out to the general public.

Sep 01, 2010 04:30 PM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

JaneAnne- A song, a poem, an inspriation. . .A little fitness - Body and Financial!

Sep 01, 2010 04:36 PM

Rich - "The Zen of Real Estate". . .I like it. I like it a lot! You're so right about rates, rates, rates. If we could throw ina jobs, jobs, jobs, we might even have a recovery!

Sep 01, 2010 04:37 PM

Marchel - I could see some cute young real estate agent doing a spa show. We could name it the "Real Estate Spa Guy" or "Real Estate Spa Babes". . .But it won't be me doing that show:-)

Sep 01, 2010 04:40 PM

Tammy Lankford,

Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA

Broker GA Lake Sinclair/Eatonton/Milledgeville

Just wear your business suite into the spa.... on the days you video... now that would be great....

Sep 01, 2010 05:18 PM

Tammy - Now that would be a vision. I am loyal to the Speedo brand, since I was a Speedo rep in the early 1980s. But perhaps I could add a neck tie:-)

Sep 01, 2010 05:28 PM

Jim Hale

ACTIONAGENTS.NET - Eugene, OR

Eugene Oregon's Best Home Search Website

Now is a great time to refinance....or hit the spa.

Whichever seems to be your speed--o.

Sep 01, 2010 11:18 PM

Jim - Everyone knows as far as I'm concerned; when the going gets tough, the tough head for the spa:-)

Sep 02, 2010 12:50 AM

Brigita McKelvie, Associate Broker

Cindy Stys Equestrian and Country Properties, Ltd. - Lehigh Valley, PA

The Broker with horse sense and no horsing around

We are always working, even when we are at leisure. You might say that we are on call 24/7. LOL Good to hear that at least you do take the time (at least try to) for yourself.

Brigita

Sep 02, 2010 01:38 AM

Brigita - It is important that we all find an outlet. I imagine it is horses for you. . .But for me it's the pool and spa:-)

Sep 02, 2010 03:15 AM

Steve Merson 512 412 1621

Keller Williams Realty - Austin, TX

CNE, e-PRO

Hi Myrl,

Thank you for that "Making Home Affordable" website. Very useful indeed and maybe one of these days I'll come and join you in that jacuzzi!! Sounds wonderful.

Steve

Sep 02, 2010 06:38 AM

Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional

Charles Rutenberg Realty - Clearwater, FL

Palm Harbor, Dunedin, Clearwater, Safety Harbor

Myrl - you have provided two really great links! I am sure your clients appreciate all your effort!!!

Sep 02, 2010 06:56 AM

Steve - I have sent more folks to that "Making Home Affordable" site, than I care to remember. Another website, I send them to is www.hud.gov - The two websites together make a valuable resource.

Sep 02, 2010 07:41 AM

Barbara-Jo - For all the controversy about the Making Home Affordable program not being the huge success folks had hoped for, it still has managed to save a significant number of people that I am aware of. It is worth exploring.

Sep 02, 2010 07:42 AM

Joan Whitebook

BHG The Masiello Group - Nashua, NH

Consumer Focused Real Estate Services

Myrl ~ This is a program that more people need to check into. Especially if it makes a difference whether they remain in their home or not.

Sep 02, 2010 09:57 AM

Diane Williams

Pell City, AL

You have answered a lot of people questions with this post. Some folks still do not realize that there is help out there.

Sep 02, 2010 01:51 PM

Joan - it really is. There is so much misinformation out there, but this site provides a valuable service.

Sep 02, 2010 02:02 PM

Diane - So true! I hear the frustration, and fear in so many voices. They need to know there may be assistance available for them.

Sep 02, 2010 02:03 PM

You Want to Know - Can I?

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Myrl Jeffcoat

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