|
1/15/2016
24102 El Mirage Laguna Niguel For Sale
1/13/2016
Nationwide Multiple Listing Service FREE
Phone App
get on the MLS
nationwide
Access
all the big dog
houses
and the
little puppies too.
From your Apple Phone go to the app store and look for the FREE
application
Download with my free secret code (my phone in case you
forget) 9497849699
Start snooping about all the sales in your neighborhood.
Look for a dream home.
Find out where there is an active open house.
Most people can only give you one local access.
This is coast to coast multiple listing service.
Live information
Not the old and wrong Zillow or Trulia errors.
Find a new DOG House?
OR
Follow the link below
http://hbsr.homescouting.com/myapp/7c135d08-ac7b-4da2-b50b-764ae8fde712
1/11/2016
Dates Property Tax Due California
Shedding a little light on when property taxes are due or late.
This chart should help you to balance your mortgage payments
when you do not have impounds included in the monthly payments.
That Christmas Bill is the one I hate. I'm paying extra principle and
then along comes the County increasing my property taxes
Property Tax Schedule Orange County California
Also true for most Counties in California
PROPERTY TAX SCHEDULE
The
following schedule is intended to serve as a general guide to property-owners.
|
July
1
|
Beginning
of the fiscal year.
|
|
August
|
Treasurer-Tax
Collector’s Office mails delinquent prior year secured notices.
|
|
August
31
|
UNSECURED
TAX DELINQUENCY DEADLINE as of 5:00 p.m. A 10% penalty plus a $75.00
collection fee is added as of 5:00 p.m.
|
|
Sept
25 – Oct 5
|
The
Treasurer-Tax Collector’s Office mails out original SECURED PROPERTY TAX
bills.
|
|
October
|
Unsecured
Tax liens filed for unpaid unsecured accounts.
|
|
November
1
|
First
SECURED PROPERTY TAX installment is due; delinquent UNSECURED accounts are
charged additional penalties of 1.5% per month until paid.
|
|
December
10
|
FIRST
INSTALLMENT payment deadline. A 10% penalty is added after the deadline.
|
|
January
|
Treasurer-Tax
Collector’s Office mails delinquent notice for unpaid FIRST INSTALLMENT and
SUPPLEMENTAL SECURED INSTALLMENTS.
|
|
February
1
|
Second
SECURED PROPERTY TAX installment due.
|
|
Feb
– March
|
Treasurer-Tax
Collector mails delinquent prior year secured installment.
|
|
March
– July
|
UNSECURED
PROPERTY TAX statements mailed.
|
|
April
10
|
Second
SECURED PROPERTY TAX installment payment deadline. A 10% penalty plus $23.00
cost is added after the deadline.
|
|
May
|
Treasurer-Tax
Collector mails delinquent notices for any unpaid first and second
installment taxes and SUPPLEMENTAL SECURED INSTALLMENTS
|
|
June
30
|
End
of fiscal year.
|
|
July
1
|
Delinquent
SECURED accounts and SECURED SUPPLEMENTAL accounts are transferred to
delinquent tax roll and additional penalties added at 1.5% per month on any
unpaid tax amounts, plus $15.00 redemption fee.
|
Please note that the list above includes only the more significant dates and may not include all items or activities in the regular tax cycle. If a delinquent date falls on a weekend or holiday, the delinquent date is the next business day. In addition, SUPPLEMENTAL TAX bills are mailed throughout the year.
|
Home Ownership
With Mortgage Rates still low
the benefits of home ownership
are many.
This info graphic reviews some
of the values.
To me the most important
are feeling you belong, being
able to make it your own,
creating an organic garden,
and raising my family.
What are the benefits
you are looking for?
1/08/2016
Mortgage Rates Like The Surf
Two hundred and ninety two thousand jobs are added to the economy in December versus 200k
expected, I think the bond market should have moved at least one basis point. That is not the case.
Here we stand this morning with the entire Treasury stack unchanged for the
day. The 10yr is currently 2.14%, which is right in the middle of the range for
the last 12 months. In fact the average 10yr yield for the past year was
2.135%. Additionally the 10yr is actually down since the Fed meeting when they
raised interest rates and indicated they expect to raise rates around 4 times
in 2016! So why is the Ten Year Bond down 15bps since December 16th? In fact why are
both short term and long term rates down since the Fed announcement?
Falling oil prices and the glut of oil should be news to turn the Federal Reserve around, but they say that cheap prices at the pump are temporary
The Fed is monitoring INFLATION but in my eyes inflation has not jumped in the United States. Inflation has been below the Fed’s target of 2% for several years now.
And it’s not just oil. The Bloomberg Commodity Index, which includes gold,
natural gas, corn, copper, oil, soybeans, sugar, etc. is down 25% in the past
year.
Bad news normally makes mortgage rates drop. THE CHINESE market and North Korea are bad news.
I don't think the gurus can ignore real job growth. Not gig second part time jobs, but real jobs.
Watching the stock market take some hits -- its like watching the surf on a day the tsumani sirens are singing. The beach I walk my aged Golden Retriever is Salt Creek Beach in Dana Point California and there are tsunami signs posted on the hill. I think they went up about four years ago. Now that Honey, my Golden is 14 I don't take her down the steps as she will make me carry her home.
We have to watch the signs and listen. It used to be that the ten year bond was the tool to predict mortgage rates, today I'm not certain. Keep watching the surf, when the curve goes up... so will rates
Video of surf I took at my sister's home above in Moss Beach, California
1/07/2016
Mortgage Bankers Storm Troopers
The Mortgage Bankers Association (MBA) loyal to the Empire awakened Monday morning after a two week holiday hiatus.
The results are both for the week ended January 1, 2016 which MBA adjusted for the Christmas and New Years Holidays.
MBA's Market Composite Index, a measure of mortgage volume, was down 27 percent from the week ended December 18 on a seasonally adjusted basis. On an unadjusted basis the Index was 50 percent lower. This is normal for holiday season as Borrowers take off work, head to the malls, movie theaters and share family dinners.
The Refinancing Index declined 37 percent from the week of the previous report and the seasonally adjusted Purchase Index was down 15 percent.
FHA applications increased to 14.6 percent from 13.8 percent the previous week and the VA share was up to 12.9 percent compared to 11.6 percent.
The USDA share of total applications remained unchanged at 0.6 percent.
Average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) increased to 4.20 percent, its highest level since July 2015, from 4.19 percent, with points decreasing to 0.42 from 0.49. The effective rate decreased.
Jumbo 30 year fixed rate mortgage (loan balances greater than $417,000) had an average contract interest rate of 4.09 percent compared to 4.07 percent. Points increased to 0.35 from 0.34 and the effective rate was also higher.
Thirty-year Fixed Rate Mortgage backed by FHA had a slightly lower interest rate, 3.95 percent compared to 3.97 percent the previous period. Points increased to 0.41 from 0.34 leaving the effective rate unchanged.
The largest change in contract rates among fixed rate mortgages was for the 15 year which rose 5 basis points to 3.47 along with a 2 basis point increase in points. The effective rate also increased.
The average contract interest rate for 5/1 ARMs increased to 3.19 percent from 3.13 percent but points dropped to 0.32 from 0.52 lowering the effective rate.
Even with Janet Yellen predicting rising mortgage rates, over all we are only a "smidge" higher.
The Force Awakens now with mortgage bankers and Borrowers back to usual after the holidays.
With the stock market terribly earthquake volatile, I predict Borrowers will get off the fence and
move into the conservative home loan that they have been thinking about but not executing.
The time is now to lock your rate and get it closed.
Will Finn win in his battle with the storm troopers?
Caroline Gerardo
NMLS
324982
cell (949) 784-9699
- MBS Commentary: MBS
RECAP: Unfazed by Strong Data and FOMC, Bonds Rally
- Mortgage Rate Watch: Mortgage
Rates Nicely Lower Despite Strong Jobs Data
- Pipeline Press: Fannie/Freddie
Changes; Positive Millennial Trends for Lenders; Chase Settlement
- MND NewsWire: MBA
Rounds up Holiday Mortgage App Stats
- MBS Commentary: MBS
Day Ahead: Global Risk and Oil Give Bonds a Head Start
1/05/2016
Star Wars Mortgage
Prepare for Income Taxes
A blow up version of Darth with
a cheerful Merry Christmas banner fitting in preparing
a greeting for tax time...
January 5, 2016
Dear Friends
and Mortgage Borrowers:
I imagine that you are beginning to prepare for what undoubtedly (next
to submitting mortgage paperwork) is one of America’s favorite activities-
filing income taxes.
Each year, the company who owns your loan will send you a mortgage
interest statement that summarizes the amount of mortgage interest that you
paid for the previous year. This statement may or may not include potentially
tax deductible items relating to your mortgage. The mortgage interest statement
is something that you should provide to your tax advisor.
Additionally, since you did close a new mortgage loan in 2015, there
may be items associated with that closing that are tax deductible. At the end
of your mortgage adventure, you were sent a Final Settlement statement by the
escrow company and this statement should be given to your tax advisor. To save
you the time and trouble of looking for this in the mountain of paper that you
have from the mortgage process, I have included a copy of your Final Settlement
statement for you to give to your tax advisor in addition to the mortgage
interest statement.
Please call me if you have not received your 1099 - you can use a Final HUD1 from escrow or
Closing Disclosure after October 3rd with your income taxes.
It was my pleasure to help you with your mortgage last year and please
do not hesitate to contact me for any future needs or with any questions that
you may have.
Sincerely,
C G
Caroline Gerardo Barbeau
NMLS 324982
Eagle Home Mortgage a Lennar Homes Company
NMLS #849059 CA #813I609 Universal
American Mortgage Company of California, dba Eagle Home Mortgage of California.
Licensed by the Department of Business Oversight
under the California Residential
Mortgage Lending Act. RMLA #4130383, NMLS
#252392. Certain restrictions apply. This is not a commitment to lend.
Applicants
must qualify.
C. G. Eagle Home Mortgage California
No matter where you are in California, Eagle Home Mortgage is
here to close your loan quickly and with kindness.
It
was a pleasure to work with you on a transaction in 2015.
I hope you have a
terrific and successful 2016.
I want to pass
along points of interest, things we offer that can be helpful to you and your clients in
2016:
Pre
Approvals done same day
Phone
calls always answered.
Answers for tough questions
completed on the phone or within one hour
In-House
processing, underwriting, docs and funding.
The whole team is in my
office
Loans
underwritten in 24 hours on submitted files
Loan
doc’s same day or within 24 hours. We fund on a Fax.
Appraisals
ordered day one
FHA/VA,
Conventional & Jumbo loan products
Grant
programs, DPA products
Condo
project reviews done in house
80/10/10
piggy back loans
Joint
marketing
Mail
and printing done In-house
Able
to talk with on-site underwriters
Deal
Desk
Close
sales in 30 days or less
We
exceed expectations daily!
I’ve
been closing loans for over 30 years, here at Eagle Home Mortgage funding loans
is much, much easier! Referrals have double over the past year as a result…
As
part of the Lennar Family (A Fortune 500 company) we have great support and are
extremely reliable in mortgage origination.
Have
a great and successful New Year,
C. G.
The Loan Lady
(949) 784-9699
NMLS 324982
Commited to Seeing You Home
1/03/2016
Drive Freshman Back to University California
I drove my youngest back to University of California Saturday morning.
Today I worked in the garden finishing rose Christmas pruning, cleaning the
pool filter and the end of scraping the flowery wallpaper down.
Traffic was awful on the Interstate 5 north.
We started counting the cars with U C Berkeley license plate frames or
any suspicious vehicle piled high with Santa bags, college sweatshirts, bedding
and two to three students also wading through the bumper to bumper wait to
return to their dorms. U C system break is over. The cafeteria is open. Classes
resume Monday.
Fortunately for my son he got into the advanced Physics Class. He emailed
the professor numerous times over the past two weeks- pleading for a seat.
Is our communal experience of driving or flying our Freshman student back to
the away from home destination all shared joy and a bit wistful?
I wish you happiness in 2016.
Write out your goals for everything-
spiritual, financial, education, family, health and joy.
Gum wall above from our College Tour trip to Seattle.
Was the offer of full scholarship there a better placement?
Only heaven knows ~
In the end my son chose for his own plans and dreams.
How did you deal with your empty nest?
I got the wunderlust and decided not to stay overnight.
Seventeen hours driving, this evening my legs are not land worthy.
Stick with your plans my friends
Subscribe to:
Posts (Atom)