EYE ON INTEREST RATES  Reduced concerns about inflation have pushed interest rates DOWN recently. Click on the blue text to visit a leading website with the current interest rates.

Getting The Best Interest Rate: Part II The fact is that our economy has a direct impact on interest rates. If your goal is getting the best rate, then you need to know how economic data can increase or decrease market rates. Part III will focus on closing fees. FULL STORY ->>

Free Seminar – Learn What Affects Your Credit and How You can Maintain and Improve Your Credit (FICO) Score – I recently attended the 7 Steps to 720 Seminar hosted by United Pacific Mortgage in Santa Monica, CA. Lots of helpful info in just 90 minutes. Click HERE TO LEARN MORE

 ***** Investors Corner*****

1. Albuquerque NM 16 units you will not believe these numbers. NOI   $40,890 (12) 1bed (4) 2 bed GRM 5.59 CAP 9%+ with management. Asking $435,000     Price Per Unit = $27,188 Price per Sq Ft = $45 Please call (310)739-8647 if you would like more details.

2. Long Beach – Cerritos Ave. (8) Units asking $1,025,000 Gross, scheduled is $77,816 Please call (310)739-8647 if you would like more details.

3. Santa Monica 90404 Builders, Developers, Investors! Two contiguous flat lots 162.5 x 48 ft. 7800 sq. ft. total. Currently zoned R2Y potential for 5 condo's. Lot has teardown house that will be delivered vacant upon close of escrow. Alleys on one side and back. Asking $1,299,000 Please call (310)739-8647 if you would like more details.

See below for the (3) real estate related "links of the month”

 1. HandyReal Estate Calculators  How much can I borrow? What will my payments be?

  2. Info For Do-It-Yourselfers  link to HomeExpo website

3. What’s New at Playa Vista? link to the Playa Vista community website. If you have any questions regarding Playa Vista, please call (310)739-8647