Friday, March 26, 2010
Date: Fri, 26 Mar 2010 16:37:25 -0700
To: Sam Parwiz You have new Picture Mail! Click Go/View to see now.
Thursday, March 25, 2010
On our way to LA on I-5 and 58 junction we found this place.---------- Forwarded message ----------
Date: Fri, 26 Mar 2010 05:54:45 +0000
Subject: Planneta Rojo the steak burrito on...
To: Sam Parwiz I-5 and 58 Junction Go for Carne Assada its the bomb.
Sent on the Sprint® Now Network from my BlackBerry®
Wednesday, March 24, 2010
Thursday, March 18, 2010
---------- Forwarded message ----------
Date: Thu, 18 Mar 2010 20:55:31 +0000
Subject: I'm at this open house today 1-4...
To: Sam Parwiz
Date: Thu, 18 Mar 2010 20:44:07
To: Mary Nawabi
Subject: I'm at this open house... 164 Brodia Way Walnut Creek. -It's perfect for a doctor. Very close
to John Muir Hospital.
Sent on the Sprint® Now Network from my BlackBerry®
Tuesday, March 16, 2010
San Ramon, CA - Undisclosed payments in short sale transactions, especially those paid outside of escrow, may violate the law, including RESPA (Real Estate Settlement Procedures Act), laws against loan fraud, and licensing laws. Short sale agents have increasingly reported to C.A.R. (Calirforina Association of Relators) about requests for agents and their clients to pay junior lienholders and others, oftentimes outside of escrow.
One common scenario is when a short sale seller's senior lender authorizes a payment of $3,000, for example, to extinguish a junior lien, but the junior lender demands that the buyer pays an additional $9,000 outside of escrow. Not only would it be risky for a buyer to pay outside of escrow, but concealing this additional payment from a federally-insured senior lender may constitute loan fraud, which is a crime punishable by 30 years imprisonment plus a $1 million fine (18 U.S.C. section 1014). Furthermore, omitting from the HUD-1 Statement any charges paid at settlement by either a buyer or seller may violate the Real Estate Settlement Procedures Act (RESPA) (Appendix A to 24 C.F.R. Part 3500). Depending on the specific circumstances, carrying out these payment requests may also violate other laws and regulations, and an agent's participation in the scheme may be subject to license revocation by the Department of Real Estate or other disciplinary action.
Agents and their clients are encouraged to file any complaints regarding fraudulent activities to the proper authorities, including the following agencies:
- Attorney General's Office
California Department of Justice
- Department of Housing and Urban Development (HUD)
HUD Office of Inspector General Hotline (GFI)
- Federal Bureau of Investigation (FBI)
Via: (Realegal® is published by the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association representing more than 175,000 REALTORS® statewide. )
If you have questions regarding a Short Sale please contact Sam Parwiz 925-219-5144 or email@example.com.
Saturday, March 13, 2010
Friday, March 12, 2010
Many investors have become disenchanted with recent stock market volatility, stories of corporate scandal and corruption. In addition to impacting retirement account values, these events have also strained investor confidence. It is no wonder then that more and more investors are pushing their advisers to offer Self-Directed IRAs (SDIRAs) that allow them to invest in alternative assets which they believe will provide greater diversification and control over their retirement nest eggs.
While the list of alternative investments includes a wide-ranging group of assets including private equities, hedge funds and mortgages, one area that has captured the greatest level of interest is real estate.
I believe, that falling prices, combined with increasing inventory, is creating new investment opportunities in real estate. As prices have fallen, the pendulum has swung past center to create oversold conditions, providing opportunities to buy real estate at low prices. Some areas in the U.S. have been experience this phenomenon for almost three years now.
Another factor to consider is that many real estate investors are being squeezed out of the market due to the current credit crisis. This has created a unique opportunity for cash-rich retirement plan investors. These investors are either purchasing the real estate outright, using a partnership or LLC. It is estimated that the first of more than 78 million baby boomers will begin to retire this year. This group controls more than $14 trillion dollars in retirement plan assets. These assets are being “rolled-over” from employer-based plans to individual retirement accounts. Many baby boomers have already begun to shift away from traditional equity investments to those that generate income, such as, income producing property. Add these factors with the possibility of equity appreciation, and it is clear why real estate is growing in popularity.
Just like doing all your research to select the perfect property to purchase includes knowing the market, good real estate comps, and knowing an exit strategy; finding the right SDIRA takes a little expertise. After the proper SDIRA custodian has been selected, the investor should request and complete the appropriate forms for their Traditional, Roth, SEP, Simple, Individual 401(k) or other qualified plan(s). The good SDIRA adviser will guide you through this process and make the process seamless for investors.
Ongoing market volatility, combined with the need of baby boomers to generate income, and retire securely, is causing investors of all shapes and sizes to take a hard look at their investment allocations to ensure there is a proper mix of opportunity and risk. As investors needs change, alternative assets and self-directed retirement accounts will become important tools to diversify and grow retirement wealth.
If you need to help with finding awesome investmetnts in real estate contact me @ 925-219-5144 or firstname.lastname@example.org.
Tuesday, March 9, 2010
Monday, March 8, 2010
After its historic decline brought the global economy to its knees, the U.S. housing market is gearing up for a long-awaited recovery. Real estate experts expect home prices to hit bottom in late 2010 or early 2011 before—finally!—heading north again. But what shape will the rebound take? Are we in for another boom? Or will we have to settle for sluggish growth? Here's the outlook for home price appreciation through 2020.
The trajectory of real estate values will vary a great deal from one market to the next. But home prices at the national level should appreciate at "pre-bubble" rates once the market re-establishes its equilibrium, says Kenneth Rosen, chairman of the Fisher Center for Real Estate and Urban Economics at the University of California–Berkeley: "I'd say prices are back to [increasing] 1 or 2 percent more than the inflation rate over the next 10 years." Although that might seem like peanuts to those who watched prices skyrocket during the first half of the past decade, it's actually in line with long-term averages. When adjusted for inflation, American home prices increased by an average of about half a percentage point per year from 1890 through 2008, according to data compiled by Yale University Prof. Robert Shiller.
Modest increases in home prices will be supported by larger paychecks, says Mark Fleming, chief economist of First American CoreLogic. "In the long run, house prices basically go in lock step with wage growth," he says. With the unemployment rate holding near double digits, that might not seem encouraging. But Fleming says that while the labor market is a late arrival in modern-day economic recoveries, jobs always return in some form. This time around, he expects high-tech companies and research-based industries like biotechnology to lead a resurgence that eventually sparks employment and wage growth throughout the economy. Inflation-adjusted personal incomes should increase roughly 2 percent a year from 2010 to 2020, according to Moody's Economy.com.
The "echo boomers." Meanwhile, demographic forces should boost demand for housing over the next decade, according to Harvard University researchers. Members of the "echo boom" generation—children of the baby boomers—are "entering their peak household formation years of 25 to 44 with more than 5 million more members than the baby boomers had in the 1970s," Harvard researchers said in a June 2009 report. "The echo boomers will help keep demand strong for the next 10 years and beyond." While some of this demand is likely to flow into the rental market, the preferred tax treatment of mortgage loans should help keep the American infatuation with homeownership alive. And if tax rates increase, as many expect, the value of the mortgage interest deduction will go up as well.
A more restricted flow of credit should prevent another housing bubble from forming anytime soon, says former Fed governor Lyle Gramley. Banks, hammered by souring loans, have raised their lending standards for even well-qualified borrowers. And federal regulators have taken steps to eliminate some of the reckless lending practices that precipitated the crash, such as banning lenders from making a higher-priced mortgage loan without first scrutinizing a borrower's ability to repay it. Tight mortgage credit "is going to persist for quite some time," Gramley says.
Still, housing bubbles haven't been driven to extinction. That's because the real estate market is cyclical. Regional housing markets have gone from boom to bust for as long as people have had mortgages. And because the booms generate so much wealth for home¬owners, investors, and influential industries—like home builders—it's unlikely that Congress can work up the courage to snuff them out with tough regulation, says Mark Calabria, a former senior Senate staffer who now works at the Cato Institute. "It's not an economic question, it's a political question: How do you build institutions that push against bubbles when you know they are going to be incredibly popular when they happen?" Calabria says. "And we all know Congress does what's popular, not necessarily what's right." Nothing in Capitol Hill's effort to reform financial regulation suggests that things will be different this time, he says. Insufficient regulation is one reason he expects another real estate bubble to surface within 15 years. "I would bet my life on it," he says.
So what's the best way to play an asset that will appreciate 1 or 2 percentage points above inflation during periods of stability but can swing wildly in times of imbalance? Simple: Buy a house because you'd enjoy living in it, not because you expect blowout returns. Then you'll never be disappointed by its quarterly statements.
Great news...2010 is the bottom of the real estate market. So there you have it folks start making your plans accordingly.
Senior Smoke Detector Program Rotarians at Work Day Sponsored by the Alamo, Danville, Danville-Sycamore, San Ramon, San Ramon Valley Rotary Clubs & the San Ramon Valley Fire Protection District On Saturday, April 24, 2010 from 9:00 AM to 12:00 PM, members of your local Rotary Clubs will be visiting homes and town homes within the San Ramon Valley Communities (Alamo, Blackhawk, Danville and San Ramon) of seniors or others who need our assistance. *Rotarians identified by their Rotarian Badge, will change your batteries in your smoke detectors or install new smoke detectors up to a 10’ ceiling height. Each resident’s home they visit will receive a fire safety information packet from the San Ramon Valley Fire Protection District. If you need assistance in having your batteries changed or need a new smoke detector installed, please drop by one of the following locations to complete the sign-up form no later than 9:00 am, Friday, April 2, 2010: You can also sign up by calling the Rotarians at Work Day project at (925) 838-5133 or online sign up forms can be found at www.FireDepartment.org for downloading. *Rotarians will be Identified by their Rotarian Badge
Senior Smoke Detector Program
Rotarians at Work Day
Sponsored by the Alamo, Danville, Danville-Sycamore, San Ramon, San Ramon Valley Rotary Clubs & the San Ramon Valley Fire Protection District
On Saturday, April 24, 2010 from 9:00 AM to 12:00 PM, members of your local Rotary Clubs will be visiting homes and town homes within the San Ramon Valley Communities (Alamo, Blackhawk, Danville and San Ramon) of seniors or others who need our assistance. *Rotarians identified by their Rotarian Badge, will change your batteries in your smoke detectors or install new smoke detectors up to a 10’ ceiling height. Each resident’s home they visit will receive a fire safety information packet from the San Ramon Valley Fire Protection District.
If you need assistance in having your batteries changed or need a new smoke detector installed, please drop by one of the following locations to complete the sign-up form no later than 9:00 am, Friday, April 2, 2010:
You can also sign up by calling the Rotarians at Work Day project at (925) 838-5133 or online sign up forms can be found at www.FireDepartment.org for downloading.
*Rotarians will be Identified by their Rotarian Badge
By Sam Parwiz
Rotary Club of San Ramon