Saturday, July 26, 2008

Need the Stroke of A Pen

LATEST SHARED ITEM: Getting Back On The Housing Track- With Conviction.










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Friday, July 18, 2008

Showing A House Is NO Joke
















I am showing properties for the past week.. My clients want a good deal and I want to make them happy. We look... and look.. and look. There are some very good prospects-- and on paper they seem like A REAL GOOD VALUE FOR THE MONEY. I should have emphasized on the word Seem as showing these houses sound more like the Bachelor Game--what's inside that door so play with me, will you?

Door #1-- 5 Br 2.5 Ba ;swimming pool; lots of upgrades like open kitchen; huge master bedroom;great room; low maintenance backyard with swimming pool.

Reality Check: Lilac/Purplish Carpeted stairs to upstairs; peach-colored master bedroom with purple curtains; all toilet bowls are gone(eeewww); swimming pool controls-missing; A/C -Heater taken by owners; swimming pool- green algae water; backyard cement all around.

Door#2-5 Br 3 Ba; Bedroom and Bath downstairs; kitchen needs to be finished; color-coordinated rooms; swimming pool with spa;ready to move in.

Real Story: Nice travertine entrance; the door has a big hole( someone took the peep-hole, not a good sign); kitchen needs to be finished? yeah,right! they took the whole kitchen-appliances and countertops(they left the sink,yey!); and the color--super bright yellow orange(feels hotter inside than the 90 degree weather outside)in the living room and one bedroom is painted maroon-color blind; took all the lighting fixtures; and the master bath?- they even took the $15.00 medicine cabinet! Holy Batman!

Door # 3- Wonderful home with 4 Br and a Bonus Room; Swimming pool; granite countertop; deck with a pano view. All it needs is you!

The Truth ??? Gothic Design Borders; Fake Brick design in the kitchen; DIY antique painting(it looked awful); Turquoise Blue bedroom (Jack) Deep Green Room(Jill); the star spangled bathroom--gold and black... now is your imagination runing wild yet? Oh they took the backyard barbecue!

After the showing, I had a BIG headache...I bet my buyers have one too.. And no we did not choose any of the 3 doors. We'll find THE HOUSE- Soon!!!












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Monday, July 14, 2008

A Noble Rescue Mission:Fannie/Freddie

Shared Item # 5: The Die Is Cast... Let this be the beginning of the end.







Laarni G. Om…, Real Estate Professional in Orange County

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Saturday, July 12, 2008

Continuing and Developing

Shared Item # 4 : Fannie , Freddie-- where are you going to, do you know?



Laarni G. Om…, Real Estate Professional in Orange County



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Another One Bites the Dust/ Thanks Sen. Schumer

INDYMAC SEIZED BY U.S. REGULATORS; SCHUMER BLAMED FOR FAILURE: IndyMac Bancorp Inc. became the second- biggest federally insured financial company to be seized by U.S. regulators after a run by depositors left the California mortgage lender short on cash. The Federal Deposit Insurance Corp. will run a successor institution, IndyMac Federal Bank FSB, starting next week, the Office of Thrift Supervision said in an e-mail yesterday. The regulator blamed U.S. Senator Charles Schumer for creating a "liquidity crisis" after a letter on June 26, in which he expressed concern that the bank may fail.





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Tuesday, July 8, 2008

The Many Faces of Short Sales and Foreclosures








It's beginning to be a phenomenon. Although I will be the first to admit that I am into less government intervention, but when the Feds put it upon themselves to help homeowners, I was very optimistic... all for naught. Everywhere I turn, out of 50 homeowners I talked to, I only found one who was successful in their loan modification process. And most already surrendered.. defeated. It is not a very good feeling... I am still optimistic, I am still seeing the glint of light, I can still feel the ray of sunshine.. tomorrow will be today!

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Fame or integrity: which is more important?
Money or happiness: which is more valuable?
Success or failure: which is more destructive?
If you look to others for fulfillment,
you will never truly be fulfilled.
If your happiness depends on money,
you will never be happy with yourself.
Be content with what you have;
rejoice in the way things are.
When you realize that nothing is lacking,
the whole world belongs to you!

-Lao Tzu




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Thursday, July 3, 2008

A Little History Lesson


Independence Day is the birthday of the United
States of America. It is celebrated on July 4th
each year in the United States. It is the
anniversary of the day on which the Declaration
0f Independence was adopted by the Continental
Congress - July 4, 1776...announcing to the world
that the 13 colonies no longer belonged to Great
Britain. Independence Day was first observed in
Philadelphia on July 8, 1776.

Let's pause and
Thank God for FREEDOM!



Laarni G. Om…, Real Estate Professional in Orange County
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