<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="/xsl/rss_2.0.xsl"?>
<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><link><![CDATA[http://www.trulia.com/voices/rss/blogs/activity/San_Bruno---33050]]></link><description><![CDATA[Trulia Voices ]]></description><language><![CDATA[en-us]]></language><item><title><![CDATA[Top 10 Reasons to Purchase Bay Area Real Estate in Today’s Market]]></title><link><![CDATA[http://www.trulia.com/blog/lee_ginsburg/2009/02/top_10_reasons_to_purcha]]></link><description><![CDATA[<p class="MsoListParagraphCxSpFirst" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>1.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span></em><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">Interest Rates are</span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'"> <strong style="mso-bidi-font-weight: normal">near 40 year lows</strong>.<span style="mso-spacerun: yes">  </span><em style="mso-bidi-font-style: normal">You can lock in your housing costs for the next 30 years if you buy not if you rent.<span style="mso-spacerun: yes">  </span></em></span></font></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>2.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">Property Values are at 5 year lows</span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'">. <em style="mso-bidi-font-style: normal">Some areas have declined in value as much as 60%. </em></span><font face="Calibri"><em style="mso-bidi-font-style: normal"><span style="COLOR: black">Bay Area Real Estate has a long history of recovering and appreciating.</span></em><span style="FONT-FAMILY: 'Times New Roman','serif'"></span></font></font></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>3.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span></em><span style="FONT-FAMILY: 'Times New Roman','serif'"><font>There is <strong style="mso-bidi-font-weight: normal">a large inventory of homes</strong> to choose from with <strong style="mso-bidi-font-weight: normal">Motivated Sellers</strong>.<span style="mso-spacerun: yes">  </span><em style="mso-bidi-font-style: normal">Individual owners and banks selling today must sell.<span style="mso-spacerun: yes">  </span></em></font></span></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>4.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">Getting a loan today is not difficult</span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'">.<span style="mso-spacerun: yes">  </span>It is easy.<span style="mso-spacerun: yes">  </span><em style="mso-bidi-font-style: normal">Just show you can make the payments</em>. </span></font></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>5.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span></em><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">Conforming Loan Limits have been increased to $729,750</span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'"> <em style="mso-bidi-font-style: normal">allowing for low interest rates on these loans.</em></span></font></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>6.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span></strong><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">FHA </span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'">has loan programs with a minimum of only <strong style="mso-bidi-font-weight: normal">3.5% down</strong>.<span style="mso-spacerun: yes">  </span>Veterans can take advantage of <strong style="mso-bidi-font-weight: normal">VA loans with no money down. </strong></span></font></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>7.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span></em><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">First time Home Owners will receive an $8000 Federal Tax Credit</span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'">.<span style="mso-spacerun: yes">  </span><em style="mso-bidi-font-style: normal">(First time is considered not owning a home in the previous 3 years.) Income restrictions apply. </em></span></font></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>8.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span></strong><span style="FONT-FAMILY: 'Times New Roman','serif'"><font>Any buyer regardless of income or ownership type will <strong style="mso-bidi-font-weight: normal">receive a $10,000 California State Tax Credit when purchasing a new home or condo.</strong> <span style="mso-spacerun: yes"> </span><em style="mso-bidi-font-style: normal">It is suggested to use a Real Estate Agent to assist you in negotiating even more with new home builders.<span style="mso-spacerun: yes">  </span></em><span style="mso-spacerun: yes"> </span>First time New Home Buyers <strong style="mso-bidi-font-weight: normal">can combine both Federal and State credits for a total of $18,000.</strong></font></span></p>
<p class="MsoListParagraphCxSpMiddle" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>9.</font><span style="FONT: 7pt 'Times New Roman'">   </span></span></span><span style="FONT-FAMILY: 'Times New Roman','serif'"><font>Investors can <strong style="mso-bidi-font-weight: normal">obtain a positive cash flow</strong> in some areas with 25% -30% down.</font></span></p>
<p class="MsoListParagraphCxSpLast" style="MARGIN: 0in 0in 10pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1"><strong style="mso-bidi-font-weight: normal"><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'"><span style="mso-list: Ignore"><font>10.</font><span style="FONT: 7pt 'Times New Roman'">  </span></span></span></em></strong><font><strong style="mso-bidi-font-weight: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">You will be respected as a good and smart American doing your part to help our economy</span></strong><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Times New Roman','serif'">. You will receive a personalized Thank You note from Pres. Obama, Gov. <span style="COLOR: black">Schwarzenegger</span>, your Realtor and Lender.<span style="mso-spacerun: yes">  </span>Oh! In 5 years you will take me for dinner thanking me for helping you make so much money.<span style="mso-spacerun: yes">  </span>It is a Window of Opportunity.<span style="mso-spacerun: yes">  </span><strong style="mso-bidi-font-weight: normal">This is the Bay Area Real Estate’s “Perfect Storm”.<span style="mso-spacerun: yes">  </span>It will not last forever!!! Don’t let it pass you by!!!</strong></span></em></font></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 10pt; TEXT-ALIGN: center" align="center"><strong style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 14pt; COLOR: #0000cc; LINE-HEIGHT: 115%; FONT-FAMILY: 'Times New Roman','serif'">“It Is Better To Own Real Estate and Wait, Than Wait to Own Real Estate”<br><br><a href="http://www.leesellsmore.com/">www.leesellsmore.com</a></span></strong></p>]]></description><pubDate><![CDATA[Sat, 28 Feb 2009 15:35:07 PST]]></pubDate><author><![CDATA[Lee Ginsburg]]></author></item></channel></rss>
