EYE ON INTEREST RATES  Rates rose slightly for the first time in 5 weeks and for only the second time in the last 11. Despite the fact that the Federal Reserve has been raising short-term interest rates for a year, long-term rates, including mortgage rates, have been falling for much of this year.  Click on the blue text to visit a leading website with the current interest rates and lots more.

Getting The Best Interest Rate: Part III The most frustrating part about getting the best interest rate is actually getting a rate quote you can trust. Part 3 of this 5 part series will focus on getting the rate quote right every time by considering closing fees.  FULL STORY ->>

How To Calculate Square Footage  For attached and detached single family homes, there are different ways to calculate square footage. Calculating the square footage of a home is more of opinion than exact science. FULL STORY ->>

  ***** Investors Corner*****

1.  Mesa, AZ 6 Units asking $395,000 Long-term tenants in rare 55+ 'Retirement' apartment community. Immaculately maintained and managed building. Built in 1966 6.10% CAP   Please call (310)739-8647 if you would like more details.

2.  Bakersfield, CA 10 units asking $898,000 built in 1966 Great southwest location strong rental neighborhood. Laundry facility, pool, private patios, newer roof, and A/C units. Please call (310)739-8647 if you would like more details.

3. Duplex in Palms (3+1) + (1+1).  3 bedroom currently owner occupied will rent for $2200 rear 1 bedroom rented at $860.  LAR3 lot 50 x 109’ asking $775,000.Please call (310)739-8647 if you would like more details.

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

1. 1031 Tax Deferred Exchange Basics  -- the 1031 exchange is considered one of the most powerful wealth creating tools available to US Taxpayers. Contact Lance Newton of Bayview Financial Exchange Services at (661)775-1549 to learn more.

2. Reverse Mortgages Explained – do you know anyone 62 or older who owns a home?Click on the link to learn how they can leverage the equity in their home, TODAY.Call Bill Evans at Metrocities Mortgage (310)464-2484 x3393 for more details.

3. 7 Steps to 720 Free 90 minute Credit Seminar will teach you what affects your credit score.  I attended and learned a lot and you should too!Click on the above link to register for the 7 Steps to 720 seminar.


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Keller Williams Santa Monica
2701 Ocean Park Blvd. Suite #140 • Santa Monica, CA 90405
Direct: (310)482-2110 • Cell: (310)739-8647
Fax: (310)626-8734
E-mail: dan@danmayrealestate.com


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