Really, do it.
Tuesday, November 4, 2008
Don't Forget to Vote
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Bobbie C. Giarratana
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10:15 AM
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Labels: "Berkeley Real Estate"
Friday, October 17, 2008
Food!
Our little festival in the heart of Berkeley's gourmet ghetto is six this year, and she's getting bigger every year! Come drink wine legally in the streets! Listen to Berkeley High School's amazing jazz & funk combo! Taste the best street food on the west coast and shop at the craft vendors' booths; we have arranged for perfect weather and expect you to show up and have fun.
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Bobbie C. Giarratana
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4:20 AM
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Labels: "gourmet ghetto" gourmet food jazz festival "street festival" berkeley "berkeley real estate"
Saturday, October 11, 2008
Couple saw house in half in divorce
Article Launched: 10/10/2008 04:08:15 AM PDT
"Very strange, but this is what my husband wanted," she said by phone from a village about 62 miles east of Cambodia's capital, Phnom Penh. She said they ended their marriage last month.
"He brought his relatives and used saws to cut the house in half," she said, adding that she now owns the other half that is still standing. The house is made from wood with a tile roof and propped up on wooden pillars, a typical style for a Cambodian country home.
She said her estranged husband and his relatives, after ripping apart half of the house, carried all the debris to his parents' house nearby.
She said the divorce was prompted by her husband's jealousy about her alleged relationship with a policeman in the village. She denied having an extramarital affair.
"He wanted a divorce, and I said, 'Let's divorce,'" she said.
The husband could not be reached for comment.
Bou Bout, a village chief, said local officials and police were present as witnesses the day the couple split their 20-by-24 1/2 foot house into half.
"Local officials tried three times to get them to mend their differences, but the husband would not budge", Bou Bout said by phone.
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Bobbie C. Giarratana
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4:40 PM
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Friday, July 11, 2008
Kenny Leather, Loan Consultant Extraordinaire
Now that the dust has settled a bit regarding what kinds of real estate purchase loans are available these days, I thought I'd check back in with Kenny Leather of Princeton Capital and find out what the buzz is all about regarding new FHA loans...
Bobbie: Can you give us the lowdown on the new FHA loans? Why would someone want to use this product?
Kenny: Well, it's one of the few games in town for a 3% down payment and less than perfect credit.
Bobbie: So, does that mean there are still other 3% down products for people with better credit?
Kenny: No... well, there are Cal HFA loans that do mostly the same thing...
Bobbie: But for people with less than perfect credit, FHA is the way to go?
Kenny: Yes. This is really taking the place of the subprime market products (that are no longer available).
Bobbie: I've heard compliance requirements for sellers are less strict than the old guidelines, in terms of the property including certain features like screens on windows and special floor furnace vents?
Kenny: Yes, that is true compared to the old FHA guidelines, but compared to non FHA loans, the properties have to be in slightly better shape. For example, when an appraiser appraises a house with a non-FHA loan, they are just making sure the house is there and the value holds up; when they visit an FHA house, they additionally have to make sure the furnace is working, the water is running, etc.
Bobbie: How else is it different?
Kenny: For starters, until the end of December, we can go up to a loan amount of
$729,750. Other advantages include no income limitations, and we can go a little bit higher on the debt to income ratios.
Bobbie: Can you explain debt to income ratios, for our readers?
Kenny: It's when you take your debt divided by your income and you get a ratio. The lower the ratio the better.
Bobbie: Ok, we've reached information overload.
Kenny: I know and I agree!
So readers, let this sink in, and I'll continue the interview in a part two later! There's always more to learn...
Oh by the way, Kenny works in the San Francisco East Bay Area and would be happy to talk with you if you need his financial expertise. Call him at (510)409-7232 and interview him yourself!
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Bobbie C. Giarratana
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1:07 PM
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Labels: "real estate" berkeley albany oakland "el cerrito" "homes for sale" loan FHA HFA