Monthly Archives: July 2010

If You’re Rich, Watch Out for Greedy Heirs and Sharp Objects This Year

If You’re Rich, Watch Out for Greedy Heirs and Sharp Objects This Year Continue reading

Posted in faith and values, Tax and estate planning, U.S. estate tax, Watch out for greedy heirs | Tagged , , , , , | Leave a comment

Mortgage Rates Remain Incredibly Low – Excellent News for Home Buyers and Investors

Home Loan and Mortgage rates remain so low and incredibly good this week.  These rates are quoted by a local Southern California mortgage broker.     Conforming Loans up to $417,000 30 Year Fixed –  4.25%  (4.37% APR) 10/1 ARM – 3.75%  … Continue reading

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Homes Listed For Sale Inventory Has Jumped – Irvine, CA, Housing Market

Homes listed for sale number has dramatically increased during the past 3 months at Irvine.   As of July 23, Irvine had 815 homes listed for sale. 145 of those were short sale listings. 33 of those homes were bank owned after … Continue reading

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South Orange County Properties Scheduled for Trustee Auction Sale After Foreclosure

Like other areas at South Orange County, San Clemente has properties in default on loans and scheduled to go to trustee sale auction after foreclosure according to legal notices.   26 Via Divertirse Amount unpaid: $1,067,826.25 Auction date: Aug. 2 Time: 3 p.m. Location: … Continue reading

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Bay Area at San Francisco Leads California in Home Price Jump from Prior Trough

The San Francisco Bay area had a huge home sold price recovery in June 2010 from trough of January 2009.  A FIFTY PERCENT HOME SOLD PRICE JUMP AT THE BAY AREA in 15 months.  WOW! It's amazing that the trough for … Continue reading

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“Replacement Cost” vs. “Market Value” to Consider on your Homeowners Insurance Policy

Friends of ours had their home destroyed by fire at Laguna Beach years ago.  They were thankful to have used "REPLACEMENT VALUE" homeowners insurance coverage, and their new home was completely rebuilt after the fire with funds made available through insurance.   Whether … Continue reading

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Home Loan Mortgage Rates Remain at Record Lows and Excellent News for Homebuyers

Home Loan and Mortgage rates remain at lowest level in decades.   Rate averages at U.S. for this week were:  30 yr fixed mtg 4.59%  15 yr fixed mtg 4.11%  5/1 ARM 3.70%  $30K home equity loan 7.35%  $30K HELOC 5.08%  … Continue reading

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Not Surprising that Newport Beach With Great Weather, Beaches and Homes Ranked 2nd Priciest U.S. City for Buying

Not Surprising that Newport Beach With Great Weather, Beaches and Homes Ranked 2nd Priciest U.S. City for Buying Continue reading

Posted in Beach surf and sand, Explore OC Homes, Newport Beach live, Ocean views, Orange County home values, South Orange County, Walking on Sunshine | Tagged , , , , , , , , | Leave a comment

Orange County Great Park 5th Year Anniversary Celebration – Irvine, CA

The ORANGE COUNTY GREAT PARK celebrated its five year anniversary on Saturday, July 10, 2010, and lots of people were there.    The GREAT PARK occupies the site of former El Toro U.S. Marine Corps Air Station, home of the Black … Continue reading

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Let’s Celebrate our US Independence Day with Fun While Honoring the History of our Nation’s Birth

It's that special time of year for us to celebrate US Independence Day on July 4, 2010, and our national holiday.  I always like the July 4th patriotic parties, picnics, band concerts, sometimes a walk or run on the beach, and some fireworks … Continue reading

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