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4/15/2013
Refinance California
HARP 2.0
FNMA and
FHLMC have announced that loan limits for HARP 2.0 remain unchanged for 2013.
Unlimited LTV (loan to value) for owner, non-owner and
investment properties.
Credit score limit has been reduced to 620.
Second mortgages may be subordinated up to any combined loan
to value.
HARP loans are limited in California to be under $ 625500 for
High Balance Loans sold and delivered before May 31, 2009. This means your loan
should have closed in the beginning of April 2009 or before to have been
delivered to Fannie Mae or Freddie Mac.
Eligible homeowners who are current on their mortgages but
have been unable to take advantage of today's lower interest rates because their
homes have decreased in value, may now have the opportunity to refinance.
Through a refinance under HARP, Fannie Mae and Freddie Mac will allow the
refinancing of mortgage loans that they own or that they guaranteed in mortgage
backed securities. This is great for all California residential property owners who are underwater as mortgage rates are at all time lows and your payment can reduce.
Other requirements
to lower your payment under HARP 2.0 are:
The mortgage MUST be "owned" or guaranteed by Fannie Mae or
Freddie Mac
The mortgage CANNOT have been refinanced under HARP
previously unless it is a Fannie Mae loan that was refinanced under HARP from
March-May, 2009.
The borrower MUST be current on the mortgage at the time of
the refinance, with no late payment in the past six months and no more than one
late payment in the past 12 months.
Homeowners who are currently delinquent or have been more
than 30 days overdue during the past 12 months generally will not qualify.
Contact your servicer to see if a modification under the Home Affordable
Modification Program is an option for you.
Loans with LTVs (loan to value) greater than 125% - the mortgage payment
history must be 0x30 for last 24 months.
Hardest Hit Fund for Arizona home loans eligibility changes
can be viewed at: http://www.azhousing.gov/
Nevada has run out of funds to continue HARP 2.0 program.
HARP
Refinance Program maximum Debt To Income Ratios allowed:
Primary residence: 55%
Second home: 50%
Investment property using subject rental income to qualify:
45%
Investment property not using subject rental income to
qualify: 50%
4/09/2013
Peace With Crows
This is an update to my story about trying to deal with an overpopulation of crows in Laguna Niguel California. The crows are aggressive and tear up lawns, and destroy property. Rather than the typical pest control approach, I have found success dealing with the many black birds as friends who have a right to my hillside and ocean view in Orange County. Old post here: http://cgbarbeau.blogspot.com/2012/11/crow-prevention.html
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| Sunflowers in my garden in Laguna Niguel |
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| Crow on streetlight in Dana Point |
Feeding the crows sparingly while I am outdoors in my garden.
Not acting hostile or shooing them away, sometimes allowing them to eat my sunflowers when they go to seed.
Planting three kinds of clover in the lawn areas, and plenty of wildflowers and seed bearing annuals that offer bright color and food for a variety of song birds, and the crows.
Never buying any chemicals for lawn and garden, finding natural balances.
I have been more than happy with the results. Some solutions lead to surprises.
My clover lawn has prevented the crows from tearing up the roots to be able to eat those large white grubs. Because its roots are deeper and winding the crows don’t bother with my lawn but also I do still randomly befriend them.
I still have the grubs in the lawn and continue to use NO pesticides no herbicides and no chemicals in all of my garden. I allow the clover to go 4 weeks and then mow it. After mowing it is the brightest neon green. I think it is much prettier than any rolled out sod.
The clover mix works and lasts through the summer heat. Because I just threw red white and pink seeds out, they seem to rotate in the seasons as to which variety is the strongest. The white likes full sun and heat while the red flowering prefers cooler and shade. The clover puts nitrogen into the soil and the clippings compost in days into soil that has added natural nitrogen.
I water much less, waiting for the clover to actually look wilted dry. I didn’t have the sprinklers on all winter or so far this spring. In the summer my “grass areas” only need watering once a week in the morning before light. I am conserving water (making my bill with Moulton Niguel Water less) and saving money on an expense.
As to the crows--- There is a large pair and my teenagers have named about five of them that we can recognize by injuries to their wings, personality and calls. The crows never “poop” on our cars, but yes on other people’s cars. We have an elderly Golden Retriever who likes to sunbathe and the crows seem to know her as well. I put out peanuts or the heel of sprouted bread or a piece of fruit in the same spot in the front maybe once a week and they are gracious about the treats.
Miraculously the crows have left alone the mourning doves nesting in my front yard gazebo and the towhees who tap at the brass reflections on my front doors. Fidalgo (a California towhee who has been around a year) is free to obsess about the bird in the reflection of the windows in my living room. I put this fake blue bird to clue him that the mirror reflection is not a towhee but he cannot stop himself. The towhee is another story, but in short they are terrific because they eat spiders, snails and pill bugs.
All things in balance, the crows were here first.
4/07/2013
Dana Hills Lacrosse Games
Dana Hills High School, Dana Point, California
Lacrosse Junior Varsity Remaining Games:
Tuesday April 16th 7:30 PM in Dana Point
Thursday April 18th 7:00 at Laguna Hills High School
Thursday April 25th 7:00 at Capo Valley High School
Saturday April 27th 3:30 at Dana Point
link to photographs of the players in action on Flickr here
http://www.flickr.com/photos/63729822@N08/
Lacrosse Junior Varsity Remaining Games:
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| My son Carson Barbeau # 54 who would suspect this sweet face will knock the ball out of your net every time? |
Tuesday April 16th 7:30 PM in Dana Point
Thursday April 18th 7:00 at Laguna Hills High School
Thursday April 25th 7:00 at Capo Valley High School
Saturday April 27th 3:30 at Dana Point
link to photographs of the players in action on Flickr here
http://www.flickr.com/photos/63729822@N08/
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