-> Do you have clients who are selling, purchasing or refinancing a home in need of minor or major renovations or repairs? 

-> Did you know that if buyers pay cash they have to wait 6 MONTHS before they can pull their cash back out to make those needed repairs. 

-> Did you know that instead of deferring much-needed repairs, our renovation loan allows owners and buyers to purchase and renovate a home with one loan!

THIS LOAN IS PERFECT FOR:

• Sellers (or potential sellers) who’s homes are “dated” or in need of repair – This is a great listing tool!
• First-time Homebuyers, Owner Occupants Only
• Move-Up or Down Buyers, Owner Occupants Only
• Homeowners looking to upgrade an existing owner occupied property
• Buyers purchasing Bank-owned Foreclosure Purchases, Owner Occupants Only

ELIGIBLE REPAIRS:

• Repair roofing, gutters and downspouts
• Build a garage or add a room
• Remodel kitchens and baths
• Replace flooring, tiling and carpeting
• Update plumbing, heating/cooling,
• electrical systems and appliances
• Landscape yard, build deck or fence
• Install or repair well or septic system
• Add energy efficient windows, doors or siding
• Even structural work….

Helping You Succeed!  Jana and Marc

Some timely and important information! Click the images for details.

This is a great tool for home buyers who would like to search the MLS in a private, password-protected site of their own -- rather than a public MLS search engine. 

Realtors and prospective buyers - check it out!

Only watch this if you want to feel better! Courtesy of Think Big Work Small. 

(Click on video to watch)

A short sale is when a home is sold for less than the amount owed on the mortgage for the home. This occurs when the bank agrees to take less than the full amount due on the mortgage.

A seller does not have to be behind on a home loan to seek a short sale. If sellers wish to pursue a short sale, they must owe more than what the home is worth, demonstrate the house cannot be sold for the amount owed, and suffer from a legitimate financial hardship that makes the mortgage unaffordable.

The next step in the short sale process is to assemble a short sale package. This package will include such things as a financial statement showing monthly expenses, income documentation, bank statements, tax returns, a listing agreement, purchase agreement, an estimated HUD statement and a financial hardship letter.

If the home is sold as part of a short sale, there will be a difference between the amount owed and what the bank collects. This is called the shortage or the deficiency. Sometimes this deficiency may be negotiable. Some banks will seek a promissory note for the deficiency, meaning that the seller may be responsible to pay the difference between what the home sold for and what is owed to the lender. Some lenders might choose to file a collection or a judgment for the amount owed. The seller should be certain that any amount of debt, or release from debt, is received in writing. If the deficiency is forgiven, the lender can write off the shortage with the IRS, which means the seller may be responsible for paying taxes on the amount of the deficiency. However, the Mortgage Debt Relief Act of 2007 generally allows taxpayers the potential for relief from tax on mortgage debt forgiveness.

A short sale will affect the seller’s credit score. To minimize the effect on a credit score, sellers should avoid making late payments on their mortgage and work with the bank to report the sale in the best possible manner.

Courtesy of Prospect Mortgage.

(Click image for enlarged view)

Good News – Rates ended the day better after breaking through the 30 day moving average (shown above – yes, up is good in this case). Here’s a peek into one of the daily updates that I receive as a Mortgage Coach member – it’s a quick read and eliminates a lot of the fluff that is out there.  I’m happy to answer any questions. -Jana

Via RateWatch.com: Mortgage and long-term Treasury rates are falling suddenly today, as the SEC’s fraud charge against Goldman Sachs is tanking the stock market.
     
Couldn’t happen to a nicer bunch of people. The 10-year T-note has broken below recent 3.80% resistance to 3.77%, mortgages headed toward 5.00%.
     
Interpreting new economic data is trickier than ever, even for professionals, as an odd confluence has tipped public sources into uniform economic cheerleading. The whole country would like not to hear another word about recession, and is hungry for news of recovery. Media tend to supply whatever it takes to sell soap.

CNBC years ago dispensed with real news. Bloomberg television was a reliable replacement, but this winter cloned CNBC’s grinning kids in happy talk (its web-based news is still as straight as anything available). The WSJ under Murdock is dumbing-down to the USAToday of business. It does have the old, reliable hostility to real estate and government, but its stock-boosting leads to a parade of “strong-recovery” stories. The New York Times has been the counterweight, but now it has a President that it likes, and pushes administration success and recovery.
     
Meanwhile, the economy is in a cycle never seen before, parts in actual recovery, parts not, and which one is predominant and trend-setting should preface every story.
     
The legitimate good news this week: March retail sales jumped 1.6%. If only by means of stimulus doesn’t matter -- the deficit spending and big tax refunds are supposed to work. Industrial production crept upward .1%, but capacity in use has been in a steady climb to 73.2%, as has every measure of manufacturing. Some of that is just pipeline-filling, but some is honest exporting, as the emerging world and Asia continue to rocket and consume. China’s GDP shot up 11.7% in Q1.
    
That’s it for the good news. Careful readers saw mini-stories about another jump in unemployment claims, up 45,000 in two weeks. Harder to find: a sudden sharp drop in purchase mortgage applications, just when the expiring tax credit (and that recovery thing) was supposed to boost them. The major dailies dutifully reported the chasm between administration housing policy and result, but with far too much deference.
    
I could not find the following news in any outlet listed above. The National Federation of Independent Business has been the definitive small-business trade group and surveyed its members since 1973. It issued two reports this month: its regular survey opened, “The persistence of Index readings below 90 is unprecedented... 18 consecutive months.” Every sub-index chart shows a recession-level “L” tipping to weaker. The top small-business problem is basic: sales volume is awful.
     
The second report at www.nfib.com is a special study on small-business credit, and Perfesser Bernanke’s testimony revealed the Fed had assisted its preparation (no leading outlet gave priority either to the study or the Fed’s involvement). The title  revealed most of the 45-page content: “Small Business Credit In A Deep Recession.” The report detailed a crucial linkage -- and surprise to the NFIB itself -- small business is terribly reliant on real estate credit, and that is in the shortest supply of all.
     
Perfesser Bernanke gets it, now. Fed commentary has been stuck on the banker line, that credit is short because applicants are lousy, but the Chairman’s testimony changed: “Banks have been... imposing tough lending standards and terms; this caution reflects bankers’ concerns about the economic outlook and uncertainty about their own future losses and capital positions.” Thank you, sir. Better late than never.
     
Jamie Dimon preened at Chase’s 55% pop in Q1 earnings, and noted the splendid health of big business. He doesn’t know any small business people. Probably wouldn’t want his daughter to marry one. The fine print in his quarterly result: three-quarters of the $3.3 billion net income was from trading profits, not from lending, and new bad-debt chargeoffs continued their $7 billion-per-quarter pace.”

by: Lou Barnes, Mortgage Coach

-> Read the whole story here.

-> Watch the Fed minutes reaction here.

Where will Interest Rates be headed tomorrow? Today the Fed’s Exits the Mortgage Market and you need to understand the various factors that will be moving mortgage rates over the next few days, weeks, and months.

-> Read the full story here.

-> Also, this is worth watching:

Foreclosure Filings Dropped… That depends on where you live! Did you know that in California 68,562 properties received foreclosure notices in February…  Read More.

Heartened by the recent rise in home prices?  Don't get too comfortable.  Standard & Poor's, the credit-rating agency that tells investors what mortgage-backed securities are worth, reports that the increase was just an illusion. It predicts the nation is about to see a deluge of new foreclosures that will drive real estate values back down. There are some REALLY interesting charts/graphs included.  Good Read!

See the rest here.

Loan Mods didn’t work and now the banks want you to GIVE your house back nicely! REALLY? 

I just came across this article and while it all sounds wonderful (so did the loan mods) it will be interesting to see if these “give your house back nicely pilots” actually work...

It’s not just for first time home buyers anymore. Experienced home buyers now qualify too.

General Rules:

• A “first time home buyer” is defined as someone who has not owned a primary home in the last three years. If you are a “first-time home buyer”, your tax credit will amount to 10% of the purchase price of your new home not to exceed $8,000.
• A “long-time resident” is defined as someone who has lived in the same primary home for 5 out of the past 8 years. If you are a “long-time resident”, your tax credit will amount to 10% of the purchase price of your new home not to exceed $6,500.
• The tax credit does not need to be paid back if you continue living in the home as your primary residence for three years without selling it
• The home must be purchased for less than $800,000 before May 1, 2010. If you sign a binding contract to purchase a home before May 1st, you would need to close on the transaction before July 1, 2010.
• Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit
• You cannot purchase the home from a related party like a spouse, direct ancestor, or direct lineal descendent (child or grandchild); however, you can still qualify for the credit if you purchase a property from siblings, nephews, nieces, and others
• If you are married, both spouses must qualify for the credit
• If more than one unmarried individual is buying the property, the credit can be split up among all the individuals who qualify. However, the total credit taken cannot exceed $8,000 (or $6,500 for “long-time residents”). Alternatively, if only one of the unmarried buyers qualifies for the credit based on their income or past home ownership status, the individual who qualifies for the credit can claim the full credit.
• The credit applies even if you have co-signers on your mortgage loan
• The credit applies to 1-4 unit homes as long as you live in one of the units as your primary residence – you could live in one unit and rent out the others

How does the tax credit work?

A tax credit is kind of like a gift certificate that you can use to pay your taxes – it reduces your income tax bill on a dollar for dollar basis. Imagine paying your bill at IRS Restaurant, and then later getting an IRS Restaurant gift certificate. Normally, you would need to go back to IRS Restaurant and buy more food in order to use your new gift certificate. But what if IRS Restaurant allowed you to just turn in your gift certificate for cash? That’s how the home buyer tax credit works! All you need to do is file a form with the IRS after you buy your new home and they will send you a refund check for $8,000 (or $6,500) – just like the example of IRS Restaurant that allows you to exchange your gift certificate for cash! Remember though, you’ll receive the $8,000 (or $6,500) from the IRS AFTER you purchase your new home, so you cannot use the funds to help with your down payment.

For more information about the home buyer tax credit or other recent updates to the mortgage and real estate markets, just give me a call. I would be happy to assist you with your mortgage in the purchase of your new home!

* Home Buyer Tax Credit PDF

* First Time Home Buyer Tax Credit PDF

To ensure compliance with requirements imposed by the Internal Revenue Service, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) was not intended or written to be used, and cannot be used, by any person for the purpose of (i) avoiding tax-related penalties or (ii) promoting, marketing or recommending to another person any transaction or matter addressed in this communication. I recommend that you consult with properly licensed legal, tax and investment advisors for specific advice pertaining to your individual situation.

When: Thursday, November 19th

Time: 9:30 – 10:30am (optional networking after)

Location:  Fort Mason, Gatehouse (MAP)

RSVP for FREE on Facebook Linked In or Twitter
OR at events@ownrealestateright.com or 415-425-0857

Seating is limited so RSVP today!

Bonus: Receive a $25.00 discount on NARs ePro Course and receive information on the all-new NAR Social Media course!

------------------------------------------------------------------------------------------------------------

Hosted by:  Jana Lane, Certified Mortgage Advisor, Own Real Estate Right in affiliation with O’Donnell Financial Group.  www.OwnRealEstateRight.com

Featuring:  Jerry Kidd, GRI, CRS, CRB, etc…

Jerry is a 23-year veteran of the real estate industry and author of the popular blog http://www.RealtyTechBytes.com which focuses on technology tools for real estate agents and how to use them.  Jerry is the owner of Jerry Kidd Training and Consulting Company specializing in training real estate agents and lenders how to use today’s technology tools to grow and sustain their businesses. 

Is your ARM (Adjustable Rate Mortgage) about to adjust? My friend's just did, and her payment dropped $745/month.

An adjustable loan may not be such a bad thing after all! As a Mortgage Advisor, I get calls from people all the time who are terrified that their current home mortgage is about to adjust, and when I say, "That may not be such a bad thing" - I often hear silence… Followed by, “What do you mean?” Or, “I don't want to take that chance.” Fear of the unknown, combined with the media storm of bad news about evil adjustable loans, etc, and I can certainly understand why…

Now, this isn't for everyone - but I say have your Mortgage Advisor look at the terms of your existing Note, when your loan is scheduled to adjust, and carefully analyze the parameters around how it adjusts and what index it's tied to… Letting your loan adjust may possibly be the best option for the short term.

Here is a great example: A close friend of mine came to me earlier in the year asking about refinancing, and based on the current value of their home, the loan to value was too high. Long story short, they tried submitting a Loan Modification, but it appears to have been denied… I suggested contacting their current lender to see if they are participating in the "Making Home Affordable" program, also know as HARP, and they were told initially told that they did qualify, however; they were subsequently notified that they in fact did not qualify - and have since been given different reasons as to why not every time they speak to them. The last piece of information they provided was that jumbo loans (loans over $417K) are not owned by Freddie/Fannie and therefore do not qualify. They have toiled over getting out of this adjustable loan for fear that the payments were going to skyrocket.

Last week she came to my office and said, "You'll never believe what I got in the mail..." I thought that she had been approved for  the HARP program, but no - they were notified that their loan was adjusting from 6.250% DOWN to 4.250%.

How is this possible you ask? Her loan is tied to the LIBOR and this particular index was at 5.271 three years when they purchased. Today that index is at 1.2693. Combine that index with the other terms of their loan and voila... Her rate is now dropping 2.00% and her payment is dropping $745.34/month. Their loan will not adjust for another 12 months, allowing them some time to save the $745/month (just shy of $9000 in one year), and who knows where values will be in October of 2010.

So, pull out that mortgage note and read it! If you don't understand it - you should have a reputable Mortgage Advisor read it for you. Unfortunately, many folks think they have no options at all - but sometimes doing nothing is exactly what you should do!

I’d like to share a recent experience with you, but in general terms, as it applies to all of us in choices we make every day.

Most clients are referred to me on the advice of past clients and Realtors who have learned to trust my advice. Most clients believe that they know exactly what they want even before we have our initial consultation. Some because they were told that one thing is better than another, some did their own research and based on what they know have an idea what they want, etc.

I’m a Mortgage Advisor and just about everyone who I come in contact with thinks they would like a Low or No Point loan. Sounds good, doesn’t it? But is it the best choice for you?

Each client I work with is asked to complete a Mortgage Planning Questionnaire so that as an Advisor I have a “big picture” view of the short and long terms goals and needs of my clients. Based on this information I then prepare a detailed analysis so that my clients can compare several loans, rates and costs to determine which product, rate or cost will be most appropriate for them.

Recently, a client who was purchasing their first home stated that they would be living in their new home for a very long time; no less than 10 years. With that in mind I prepared a Total Cost Analysis where we were able to compare the various rates at No Point, paying 1 Origination Point, or Paying 2 Points for an ever lower interest rate – and I compared each of these loans net cost/savings over a 15 year period.

In this case paying 2 points at closing (over $14,000 on top of the other closing costs) for a lower rate vs. No Points at a slightly higher rate would net him over $40,000 in savings over a 15 year period.  That’s serious savings!  He discussed the options with his wife and called to tell me that they decided it made the most sense to “buy down” their rate and pay the 2 points.

The next email I get from my client is to tell me that another lender, who he had spoken with before he was referred to me, suddenly called with an offer for the No Point loan that he had asked for weeks ago.

The moral of the story is this: This lender was more than happy to give the client a No Point loan because that’s what the client asked for. They did not ask him why he wanted a No Point loan; in fact, they didn’t ask him anything about what his goals were or what his intentions were short or long term.

My client told me that he decided to work with me even though the costs were about $1600 more at closing because he was happy with my service and the advice I had given him.

I absolutely appreciated  this, thanked him and reminded him that working with me actually didn't cost $1600 more.  Instead, I was able to save him $38,400 ($40,000 in savings less the $1600 cost) over the next 15 years.

So, would you rather pay .50 cents for good advice or .25 cents for bad advice?

If you think so... Here are just a few of the statistics in the video below.
It took Radio 38 years to reach 50 million listeners;
TV, 13 years to reach 50 million viewers; Internet, 4 years; IPod 3 Yrs...
Facebook added 100 million new users in less than 9 months.
96% of Generation Y have joined a social network and most of generation Y and Z think email is passé.
24 of the 25 largest newspapers are experiencing record declines.
People no longer search for the news... The news finds us!
In the near future people will no longer search for products or services...They will find us via social media.

The answer is... NO!  Social Media isn't a Fad - it's a fundamental shift in the way people communicate.

Do you know how to social network?
I'd love some feedback on what you are doing to social network. What's working? What isn't?

In November I'll be hosting an event in SF for Real Estate professionals.  Guest speaker, Jerry Kidd, RealtyTechBytes.com, will speak directly to Real Estate professionals about Social Networking as it relates to the industry, and I will share a roadmap for implementing Social Networking into your 2010 Business Plans.

More on that to follow...

Personally, my family is still feeling the recession. I'm not making or spending more money today than I have any other month this this year. Of course, I'm not sure I ever spent less, just switched from cash to credit cards. My friends who are laid off or have had their hours reduced aren't being called back to work. Most people I know actually have been and still are spending less and trying to save more.

Do you think the economic recession is over?  Take my poll here

Ready to buy real estate now while the prices are low, rates are low, and loan limits are high? Can’t decide if you should buy a home to live in or an investment property? The solution may be… Buy both! If you buy a 2-4 Unit building (25% down, seller second ok) and occupy one of the units yourself, you are buying a primary residence (best rates), you have 1-3 other units that can provide additional income to help you qualify (if currently rented) and your tenants can help you make the mortgage payments on your home/investment property. This is nothing new… but the loan limits are set to end Dec 2009.

This is new, and also set to expire Dec 2009 – Seniors (62+) can actually use this strategy (30 – 35% down payment) and purchase 1-4 Unit properties with a Reverse Mortgage…You will live mortgage free and, with units, additional income to enjoy life and/or build back up your children and grandchildren’s legacy. Nice!

The 2008 Loan Limits (which are higher than the 2009 temporary loan limits) are available with most lenders thru December 1, 2009 (the final date will vary by lender) in High Cost Areas, by County.

Here is the link: https://entp.hud.gov/idapp/html/hicostlook.cfm

In San Francisco County (a high cost area) the 2008 high balance limits are:

With a maximum loan to value of 75% on 2-4 that gives you a max purchase price of $1,245,600 on 2 Units, $1,505,667 on 3 Units and $1,871,200 on 4 units.

My final thoughts today are this…to be truly successful in today’s marketplace; whether you are selling or buying, a financial strategy needs to be in place up front. Buyer/Seller, Realtor, Mortgage Advisor, Financial Advisor, Tax Advisor should mastermind and strategize to take advantage of every opportunity possible and make the best overall financial decision for their client.

New government regulation which may impact the closing date of new home purchases and refinances takes effect TODAY (as of July 30th, 2009).

The Home Ownership and Equity Protection Act (HOEPA) and the Housing and Economic Recovery Act (HERA) were passed by Congress to add further regulations on the Truth in Lending Act.  These new regulations are to provide greater transparency, and to protect consumers from deceptive lending practice.

Here are the four main things you need to be aware of:

#1. Purchases/Sales may be delayed. Normally, the buyer and seller agree on a closing date and your lender would make all attempts to have your loan processed, closed and funded by that date.  This new regulation sets the earliest any purchase loan can close to 7 business days after the homebuyer is issued their initial mortgage disclosures. Business days do not include weekends or holidays.  This part of the regulation is not a major issue as most loans will take longer than 7 business days to complete but it may impact some sales and delay the closing.

#2. Upfront fees can no longer be collected by the lender except for a credit report fee.  For years, some lenders have charged an upfront fee ”application fee”, I personally have never charged an upfront fee and, in general I agree with this rule as it prevents lenders (Big Banks Mainly) from charging a several hundred dollar fee up front to ”obligate” the borrower to do loan application even though they do not know whether the applicant will qualify. Now, ALL fees that are collected can only be collected after the homebuyer or home owner in case of a refinance has received the initial disclosures. PROBLEM… This means that we can no longer order appraisals until the borrower has reviewed the lenders initial disclosures.  Between this rule and HVCC turn times this means longer financing/appraisal contingencies.

#3. A home buyer/home owner must be provided a copy of the home appraisal a minimum of three business days prior to closing (rule is 3 days to mail and 3 days to review…This could, in some cases cause a delay if the comps or appraisal become outdated and an update or addendum is needed.  This means a new three days to review AND could mean a new fee which possibly means a new TIL and that means it’s likely the closing will be delayed due to the new disclosure requirements.

#4. There will be a change in the disclosing of the truth in lending statement. When you initially apply for a loan you receive your initial mortgage disclosures mentioned in my first point.  Included is a copy of the truth in lending statement which lets you know the ”estimated” annual percentage rate of your loan based on your “Good Faith Estimate.”  The annual percentage rate (APR), which typically confuses the consumer, is not the actual interest rate you are paying rather it includes the costs of the loan transaction into the rate.  With the new regulations, if the APR increases by more than .125% from the initial truth in lending (TIL) disclosure (for example if you wanted to pay 1 point but decided to pay 1.5points for a lower rate your APR would increase).  Many things occur throughout the process of finalizing the transaction so this new rule can delay the closing.  I think we will see extra “padding” in the fees that are being quoted.  This allows a new fee that comes up to be included without a new disclosure and if the padding isn’t used the closing costs are reduced and a reduced APR does not trigger a new disclosure. This part of the legislation can have an impact on your closing which might result in lock extensions which increases consumer costs.  When you are considering writing or accepting an offer I’d suggest you allow more time than the customary 30 days.

The typical contract time may extend to 45 days.

Jana M. Lane, Mortgage Advisor

Check out this article from Mortgage News daily to read a rebuttal, if you will, to HVCC concerns from those who are on the sales/consumer side (those truly affected by HVCC). Read below and click through to see what they had to say about the restrictions on communication with appraisers, low appraisals, the role of the Appraisal Management Company (AMC), increased costs at closing, turn around times and transferability.

—

Original Article, courtesy of Mortgage News Daily:

Rates Roller Coaster Ride & Discussing FHFA’s HVCC Comments

Last week was a roller coaster ride for mortgage rate watchers.  After a nice rally in the mortgage-backed securities market on Tuesday, the par 30 year fixed mortgage rate moved below 5.00% on Wednesday, however by Friday Treasuries and MBS prices had fallen back to Monday ’s levels and mortgage rates consequently moved higher. This has been a consistent pattern lately, each time mortgage rates break the 5.00% barrier, they fail to remain below 5.00%.  This implies, if you are considering a refinance and have yet to submit a loan application…you should do so to ensure that you are able to take advantage of the periods of mortgage rates below 5.00% (assuming you qualify).

The Home Valuation Code of Conduct has been a thorn in the side of many mortgage originators, real estate agents…and borrowers. Last week,the Federal Home Finance Agency published some clarifications regarding our HVCC “misconceptions”

Here’s what they had to say:

“Misinformation has been circulated about the content of the Code and some have tried to cite the Code as the source of unrelated market dislocations. FHFA believes that the Code is serving the intended purpose and will continue its oversight role both as to the implementation of the Code by the Enterprises and its market impact.”

>>> Click here to continue reading this MND Feature

MORTGAGE DISCLOSURES IMPROVEMENT ACT (MDIA)
The Mortgage Disclosures Improvement Act (MDIA) becomes effective on July 30, 2009.
NEW COMPLIANCE REQUIREMENTS
The following compliance requirements regarding how and when the TIL must be disclosed will become effective for all loans with an application taken on or after July 30, 2009:

*TILA disclosures now apply to primary residences and second homes.  At this time, Investment Properties are exempt.

*There must be a seven business day waiting period between the date the initial TIL disclosure is provided to the consumer and signing of the loan.

*There must be a three business day waiting period between the date a final / redisclosed TIL is received by the consumer and the disbursement of the loan.  A increase of more than .125% in APR from the original TIL Disclosure triggers a redisclosure. 

*No fees, other than a bona fide credit report fee can be charged prior to the Initial TIL disclosure being provided.

For More Information Contact Jana Lane at 415-425-0857 or janalane@ownrealestateright.com

Take Control of Your Financial Future”

Attend this educational seminar and learn how you can own Real Estate in your IRA or 401k and save for your retirement. Discover how to experience reliable, long-term financial growth despite of current economic conditions, increase your portfolio and finally put an end to your losses!

WEALTH THROUGH LAND BANKING

· Land Banking is the proven wealth building strategy of acquiring pre-developed land in the growth path of a major metropolitan center; waiting for its value to mature, and then selling it for a significant profit.

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· GreenDeed provides individuals with opportunity for a safe and profitable alternative for building their retirement nest egg, paying for a child’s or grandchild’s education, creating a legacy, or building a family dynasty.

Fort Mason Center 

Landmark Building,  C-235 

San Francisco, CA

Wednesday, May 20, 2009

6:30 to 7:30pm

Please RSVP by May 18th, 2009 

events@ownrealestateright.com

or Call  

Jana  Lane 

    www.OwnRealEstateRight.com

RSVP Mandatory: Events@OwnRealEstateRight.com

• Learn how to apply for a re-assessment
• Complete the 'Application for Change Assessment'
• Receive a free property valuation
• Understand the timeline, the process, and the fees
• What if you don't get approved

For more information about this workshop contact us directly:

Jana Lane: JanaLane@OwnRealEstateRight.com or 415/425.0857
Lydia Yaffe: LYaffe@APR.com or 415/593.8636
Arlene Chew: ArleneChew@sbcglobal.net or 415/673.0905