Orange County Realtist Magazine Agust / September 2015 by The Power Is Now Media Inc.

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CONTENTS: Mission and Vision of the Orange County Realtist Magazine................(page 7)

EDITORIAL Security and Future of Our Payment Systems......................................(page 14)

THE POWER IS NOW INC. Vol. 01 | Issue 3 Eric Lawrence Frazier, MBA President and CEO Office: (800) 401-8994 Ext. 703 Direct: (714) 361-2105 Eric.Frazier@ThePowerIsNow.com www.thepowerisnow.com www.blogtalkradio.com/thepowerisnow

EDITORIAL TEAM Eric Lawrence Frazier MBA Editor in Chief (800) 401-8994 Ext. 703 Alexandra Attinger Managing Editor (800) 401-8994 ext. 708 alexandra.attinger@thepowerisnow.com

Goldy Ponce Arratia Graphic Artist and Design Manager (800) 401-8994 ext. 711 goldy.ponce@thepowerisnow.com

CONTRIBUTORS Orange County Realtist Research Team

CEO CORNER Sabrina Jackson........................................................................................(page 16)

BUSINESS The Art of Customer Service in Real Estate..........................................(page 20)

GREEN Green Will Always Be In..........................................................................(page 24)

OUR COVER Ron Cooper...............................................................................................(page 28)

ECONOMICS What the Current Rise in Payroll to Population Rate Means..............(page 32)

FINANCIAL Implementation of TILA - RESPA Integratd Disclosure......................(page 34)

REAL ESTATE Pricing and Bidding Wars........................................................................(page 36) Anaheim Real Estate: Good for Investors or Just for Disney Royalty......................................(page 38) Newport Beach: Perfect for an Investorâ&#x20AC;&#x2122;s Summer Investments.........(page 42) Real Estate Focus: Santa Ana..................................................................(page 50)

CEO CENTERFOLD Christophe Choo.......................................................................................(page 46)

RENTING Are Propery Managers Indispensible? ..................................................(page 52) Who are Lifestyle Renters?.....................................................................(page 54)

CONTENTS: YOU Be a Better Human in Todayâ&#x20AC;&#x2122;s App Centered World............................(page 58)

MORTGAGE

THE POWER IS NOW INC.

Mortgage Fast Track: SINDEO..............................................................(page 60)

Vol. 01 | Issue 3

Reverse Mortgage Issues..........................................................................(page 62)

Eric Lawrence Frazier, MBA President and CEO Office: (800) 401-8994 Ext. 703 Direct: (714) 361-2105 Eric.Frazier@ThePowerIsNow.com www.thepowerisnow.com www.blogtalkradio.com/thepowerisnow

EDITORIAL TEAM Eric Lawrence Frazier MBA Editor in Chief (800) 401-8994 Ext. 703 Alexandra Attinger Managing Editor (800) 401-8994 ext. 708 alexandra.attinger@thepowerisnow.com

Goldy Ponce Arratia Graphic Artist and Design Manager (800) 401-8994 ext. 711 goldy.ponce@thepowerisnow.com

CONTRIBUTORS Orange County Realtist Research Team

LEADERSHIP SPOTLIGHT Tom Tait: The Mayor of Anaheim, California.......................................(page 64)

LEGAL Are There Any Regulations to Protect the Rights of Widowed Homeowners? .....................................................................(page 68)

DESIGN Trending Design and Building Ideas.......................................................(page 72) Garden Designs.........................................................................................(page 74)

TECHNOLOGY Tech Savvy Real Estate Agent.................................................................(page 78) How Technology Advancement Equates to More Sales........................(page 80)

LIVING Tired of Your Timeshare Obligations? ..................................................(page 82)

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Name: Eric Lawrence Frazier MBA Website: www.ericfrazier.com E-mail: eric.frazier@ericfrazier.com Skype: frazier.eric Mobile: 714-475-8629 O: 800-261-1634 x 703 F: 800-261-1634

Frazier, Eric, Lawrence is a CA Mortgage Brokerage Licensed by the State of CA BRE 01143484 and is not affiliated with any state or federal agency. Frazier, Eric Lawrence is also licensed by NMLS# 1273606 - www.nmlsconsumeraccess.org. Frazier, Eric, Lawrence is an equal housing lender. Our corporate office is located at: 379 6th Street Riverside, CA 92501. Telephone and Fax: 800-261-1634 Eric Lawrence Frazier, MBA is a Licensed Loan Originator NMLS# 1461708. This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states.

The Orange County Realtist Magazine is an online and eZine publication of the Orange County Realtist a Chapter of The National Association of Real Estate Brokers® (NAREB). The magazine is published and distributed by the publishing division of The Power Is Now, Inc., and has ten sections focused on the real estate market, economics in Orange County and the Realtist members who serve the community. The mission of the OC Realtist Magazine is to educate consumers and real estate professionals about the opportunities to buy or sell real estate in Orange County and to spotlight professional real estate agents who are Realtists.

profit organizations, and community organization that support the welfare of the citizens of Orange County and are affiliates of the OC Realtist. The Digital Online subscription launched April and continually provides the best of the Orange County Realtist Magazine in an all-digital format. With the Orange County Realtist Magazine, readers can have access to archived issues as well as current content online. Videos, online radio, webinars and other events provided by the OC Realtist will be available to empower its readers with information to achieve the American Dream.

The OC REALTIST MAGAZINE - The The magazine is free and is distributed by email American Dream and online to members of our local chapter and NAREB chapters nationwide. Over 30 The Orange County Realtist Magazine features thousands real estate professionals in Orange articles about real estate in Orange County and County, our state, federal and local city political informational interviews with local and national representatives in each of the 34 cities in Orange community leaders, real estate agents, banking County, non-profit housing organizations, church and investment professionals, and community. leaders in Orange County, and many affiliates of The Orange County Realtist Magazine also our chapter -- OC NAACP, OC Black Chamber, provides consumer focus content about buying OC 100 BMOC-- and others will receive the and/or investing in real estate, financing real estate magazine. and maintaining and protecting real estate as an asset for years to come. The magazine’s focus is In addition, our own email list of consumers on all aspects of buying and/or selling real estate is growing daily through our community from a consumer’s perspective because it is still outreach. The list will continue to grow due to the American Dream. the importance of homeownership and the strong support we have in the community to help others achieve it. We want the magazine to be of great value to our members, an excellent resource for our community, and a tremendous value to our advertisers as an affordable marketing strategy to a target consumers interested in real estate as a home or investment. The Orange County Realtist magazine will also provide free advertising to non-

august / september 2015 issue

The ORANGE COUNTY Realtist Magazine

Mission The mission of the Orange County Realtist is to provide support and education for its members to grow and expand their businesses while assisting the community to achieve the American dream of homeownership.

Vision The vision of the OC Realtist is to become the largest Chapter of NAREB in the United States, comprised of successful Realtists® whose businesses are thriving from the support they receive through the chapter and the networking opportunities that exist by their affiliation with National Association of Real Estate Brokers.

Departments 1. OC Real Estate Market 2. OC Real Estate Resources 3. OC Real Estate Investing 4. OC Realtist Spotlight 5. OC Real Estate Financing 6. National Association of Real Estate Brokers News 7. California Association of Real Estate Brokers News 8. OC Realtist President’s message 9. OC Real Estate Business and Economic 10. OC Real estate laws and legislation

Cover and Feature story profiles: The OC Realtist Cover will never be sold as it will be our way of recognizing Realtists in Orange County and all over the United States who exemplify the Realtist spirit. The online magazine and eZine will have 10 sections for various articles under the OC Realtist theme: OC Real Estate Market, OC Real Estate Resources, OC Real Estate Investing, OC Realtist Spotlight, OC Real Estate Financing, National Association of Real Estate Brokers News, California Association of Real Estate Brokers News, OC Realtist President’s Message, OC Business and Economics, OC Real estate Laws and Legislation. The writers for each department will be industry professionals who are practitioners in their field of expertise. They are industry professionals who can provide advice, and information to make decisions that will enable consumers achieve the American Dream.

The ORANGE COUNTY Realtist Magazine

www.OCREALTIST.org

CEO & Publisher Eric Lawrence Frazier, MBA 3739 6th Street, Riverside, CA 921506 Ph: (800) 401-8994 ext. 703 EDITORIAL Editor in Chief: Eric Lawrence Frazier MBA Managing Editor: Alexandra Attinger ONLINE Web Designer: Nicholas Clarkson DESIGN Art Director & Design Manager: Goldy Ponce Graphic Artist: Mario Lujan ADMINISTRATIVE Administrative Assistant: Rachel Bacol

SALES National Sales Manager: Christina Kimble National Relationship Manager: Success Money HEADQUATERS The Power Is Now Inc. 3739 6th Street Riverside, CA 92506 Ph: (800) 401-8994 Fax: (800) 401-8994 Email: info@thepowerisnow.com www.thepowerisnow.com www.thepowerisnow.com/onlinemagazine www.thepowerisnow.com/ezine PUBLICATION AND SERVICES The Orange County Realtist Magazine The PIN Magazine The Power Is Now Radio The Power Is Now Publications The Power Is Now Radio Guide The Power Is Now VIP Agent Program The Power IS Now Power Consulting/Coaching The Power Is Now Association Management The Power Is Now Event Management

STATEMENT OF COPYRIGHT: The OC Realtist Magazine TM is owned and published electronically by The Power Is Now Inc. The Power Is Now Inc. has entered into joint venture with the OC Realtist for the design, publication and distribution of the Magazine. Copyright 2013-2015 The Power Is Now Inc. All rights reserved. The name Orange County Realtist is a trademark of the Orange County Realtist Inc. A chapter of the National Association of Real Estate Brokers. “The PIN Magazine and distinctive logo are trademarks owned by The Power Is Now Inc. “ThePINMagazine.com” is a trademark of The Power Is Now Inc. “Magazine.thepowerisnow.com “ is a trademark of The Power Is Now Inc. “Thepowerisnow.com” is a trademark of The Power Is Now Inc. “The Power Is Now Event Management” is a trademark of The Power Is Now Inc. “The Power Is Now Radio” is a trademark of The Power Is Now Inc. “The Power Is Now Publications” is a trademark of The Power Is Now Inc. “The Power Is Now Radio Guide” is a trademark of The Power Is Now Inc. “The Power Is Now VIP Agent Program” is a trademark of The Power Is Now Inc. “The Power IS Now Power Consulting/Coaching” is a trademark of The Power Is Now Inc. “The Power Is Now Association Management” is a trademark of The Power Is Now Inc. No part of this electronic magazine or website may be reproduced without the written consent of The Power Is Now Inc. Requests for permission should be directed to: info@thepowerisnow.com

Message From the President

elcome to the blistering heat of the summer and the even hotter real estate market with its ever changing trends. The buying and selling season is finally upon us, or at least it will be soon. All are abuzz with decisions from Greece’s economic dive into despair, the Federal Reserve, crooked unemployment numbers, and the CFBC. The mortgage industry is frantic, nearing frenzy as reverse mortgage loans as well as other mortgage loans such as SBAs wreak havoc across the nation. Meanwhile, the wounded real estate market is just trying to get back to its feet and run. Unfortunately, fall will be upon us before the real estate market is running marathons. If the Federal Reserve has its way; interest rates will be running faster than the average American’s budget can keep up with. As the ever loved conference season descends upon the real estate industry, the anticipation only increases. The National Association of Real Estate Brokers (NAREB) has proudly announced their conference from August 17th to the 21st. This conference theme is “Homeownership… Priority #1” as the NAREB focuses their attention to communicating the lack of homeownership in the African American community. The National Association of Hispanic Real Estate Professionals (NAHREP) will have their convention in September from the 20th to 22nd to feature the idea of the Hispanic real estate community taking on Chicago. There will be a Latin music festival alongside this fantastic conference to bring the Hispanic real estate community into the public eye. The National Association of Realtors (NAR) will be featuring their conference in Ruidoso, New Mexico August

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The ORANGE COUNTY Realtist Magazine

EDITORIAL

26th-28th. The theme of this conference will be “Strength Through Unity” to bring the realtors across the nation together. The Asian Real Estate Association of America is having their conference in San Francisco from October 22nd-24th with the theme “Gateway to Our Future” to reflect on how far the organization has come. These prestigious associations are ready to bring their expertise, efficiency, and knowhow to encourage real estate professionals and investors to aggressively pursue the unlimited opportunities in the real estate market. Attending as many conferences as possible will not only make an impression with your clients, but you will also gain important knowledge about the industry that will help you grow your business. Knowledge is the power you need to change direction if necessary to achieve your goals. The ability to adapt to change and to be a change agent within your business model is where your real power lies. Change lives in the present. It never sees the future, which is why the power to change is now! So go and be a change agent. The OC Realtist and The Power Is Now is here to support you. Within this issue of OC Realtist you will find pages bubbling with information such as the negative, tiring aspects of timeshares and the moving in of lifestyle renters. Renting

is indeed a lifestyle for those who choose not to buy, but it is not a good strategy for building wealth. I would rather pay my own mortgage than my landlord’s mortgage. The cover highlights Ron Cooper, the President Elect of the NAREB and the CEO of R.S. Cooper & Associates Real Estate Firm. Mr. Cooper will be inaugurated as President of NAREB at the NAREB national convention on August 21st. We wish Mr. Cooper great success during his term. Christophe Choo, the high profile real estate broker in the Platinum Triangle and HGTV special guest, is also spotlighted as the VIP Real Estate agent. Mr. Choo is Power Agent who has truly earned his way to the top of his field. Both of these accomplished brokers were interviewed in the exclusive radio show on The Power Is Now Radio. Please feel free to listen to their respective shows and get an insight of what it takes to be on top and stay at the top in the real estate business. The OC Realtist and The Power Is Now Team would like to thank all of our readers and listeners for their continued support and companionship on the journey towards knowledge, and success in business and life. Remember, you have the power to change your life, because The Power Is Now.

Eric Lawrence Frazier M.B.A President & CEO

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THE FLEXIBILITY THAT HOMEOWNERS DESERVE Product Highlights: • Great for all buyers, including first time home buyers • Refinances up to 97%, regardless of current mortgage program • No income limits for Underserved Areas • No reserves required for 1-unit properties • Gift funds eligible for entire down payment Name: Eric Lawrence Frazier MBA Website: www.ericfrazier.com E-mail: eric.frazier@ericfrazier.com Skype: frazier.eric Mobile: 714-475-8629 O: 800-261-1634 x 703 F: 800-261-1634 Frazier, Eric, Lawrence is a CA Mortgage Brokerage Licensed by the State of CA BRE 01143484 and is not affiliated with any state or federal agency. Frazier, Eric Lawrence is also licensed by NMLS# 1273606 - www.nmlsconsumeraccess.org. Frazier, Eric, Lawrence is an equal housing lender. Our corporate office is located at: 379 6th Street Riverside, CA 92501. Telephone and Fax: 800-261-1634 Eric Lawrence Frazier, MBA is a Licensed Loan Originator NMLS# 1461708. This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states.

EDITORIAL

SECURITY AND FUTURE OF OUR PAYMENT SYSTEMS

n this ever growing digital age, it seems like everything around us is evolving. Phones are becoming smarter, and online banking has become the latest luxury. Not having to worry when the bank closes, if you have a deposit slip, or simply speaking to another individual is relaxing; however, one must wonder: what is the security and future to our current payment systems?

will allow NFCs to send your digital money from your bank account to the cashier with the push of a button. This completely eliminates the need for cash (Rommann, “Cash Is Trash”). Unfortunately like most new and developing technology, there are drawbacks. Some issues, like how some people cannot afford a smartphone or gadget or the dependence of the homeless on spare change, not e-cash, are troubling to say the least. However, the largest of those drawbacks are the security concerns. With digitization and moving away from cash, there will be more and more bank robbers intent on stealing cash that will be trading in their ski masks for a keyboard and binary code (Rommann, “Cash Is Trash”).

As of now there are three payment systems that the American people use, which are cash, credit cards, and digital. Cash is the money that we are the most familiar with. It is easy to understand, because there is an object in your hand or in your bank account that signifies your wealth. Credit has gained popularity over the past decades with a simple plastic card with a magnetic strip. The convenience of a debit or One recent example was the Starbucks app hack credit card surpassed cash easily. in May 2015. This app allowed customers to pay directly with their cell phones for their morning The digital method of payment is the future. cup of coffee. Hackers typed their way into the Inklings of the explosion into e-cash have bank accounts attached to the payment systems already begun as consumers pay with their in the Starbucks Mobile App through plain text phones at the register instead of a plastic card. stored passwords. One inside of the customers’ By combining one’s smart phone with his or accounts, the criminals took anywhere from her money source, convenience is once again one dollar to one hundred dollars, which caused increased, but this is only the beginning. The customers to be forced to disable their bank Near-Field Communication (NFC) chip in one’s accounts and change all of their information. phone could be used in any device of wearable This incident was just one example of security technology such as a watch or Google Glass. breaches in the digital age of currency (Pagliery, This opens up a new concept of accessories that “Hackers are draining…”). will both enhance your look and your consumer spending. Forbes projects that the future of To combat these issues of security it was payment systems is online. Utilizing Bluetooth suggested to simply install biometric locks or

august / september 2015 issue

The ORANGE COUNTY Realtist Magazine

EDITORIAL

retinal scanners on the accounts, so that only the owner could use the money. This, however, would be useless as online criminals could simply change that information to their own, as if they were stealing a social security number. One only needs to ask one grandparent stuffing cash into a mattress to realize that trusting where your money is being stored is vital. It only takes one crash of the system to ruin your entire livelihood. This is not to say that you should not trust banks. No, save your money in your bank account and grow it with interest. We must be cautious using app related payment systems. Use them sparingly and for small purchases, and be sure to monitor your

bank account closely (Pagliery, “Hackers are draining…”). The future of the digital payment systems is bright in regards to solving the problems of the inconvenience of cash, printing money, regulating money, and studying money. After all, the U.S. Mint spends $660 billion dollars to create new currency every year (Rommann, “Cash Is Trash”). That cost could be completely eliminated through the future of the payment system; however, until the security bugs are worked out, I would suggest that you be extra careful with spending money or banking online. TPIN

References: • Payment Systems. (2015). Retrieved July 28, 2015, from http://www.newyorkfed.org/banking/ payment_sys.html • Pagliery, J. (2015, May 13). Hackers are draining bank accounts via the Starbucks app. Retrieved July 28, 2015. • Rommann, R. Cash Is Trash. Retrieved July 28, 2015.

CEO CORNER

Sabrina Jackson D

r. Sabrina Jackson is a name that you may be familiar with because of her second book that is now out for purchase or her advocacy for single mothers. Her accomplishments are numerous, and the amazing spirit she possesses has led Dr. Jackson through turmoil and pushed her on to becoming a leading professional speaker of the country. Her commendable oratory skills are worthy of high praise; however, she does not stop there. Dr. Jackson is a trainer, a business consultant, and an internationally recognized people expert who has taken thousands of leaders, professionals, couples, and groups under her wing to train them all for excellence. Most importantly, Dr. Jackson is the proud mom of an incredible young man whom she raised single-handedly post-divorce. His success – both academic, as well as athletic – is a testimony of the wonderful and strong woman and the amazing mother that Sabrina Jackson is.

In an interview with The Power is Now about her latest book, entitled People 911: Handling Conflict, Crisis and Communication, Dr. Jackson voiced her thoughts about conflict and crisis for commonplace problems in life. On asking her what the phrase “the power is now” means to her, Dr. Jackson, being the lover of optimism and life that she is, proceeded to tell us that that phrase reminds her of life itself. It is an individual’s power to get up after having fallen or to simply just to wake up, filled and driven by a renewed life force and life power. This is something that the individual needs to utilize right away in order to reap benefits. Her vivacity is contagious. No matter where you are at the moment or whatever it is that you might be going through, you cannot help but be affected by her exuberance. Dr. Jackson carries her unfailing

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S J

CEO CORNER

optimism with her wherever she goes, gracing any occasion and any place with her tremendous energy, something she brought to the show as well. Driven by her passion to help people with problems they might be facing, Dr. Jackson, following a degree in Organizational Psychology and a Bachelor’s and Master’s in Clinical Therapy, went on to do just that, to help people. This was something she accomplished by being a motivational speaker, an impressive trainer, and most recently renowned author of two remarkable books. People 911 is the second of two works. her first book was called “He is Not a Statistic: Twelve Laws for Single Mothers Raising Black Males” and dealt primarily with the problems a single mother – more specifically, the single mother of a black male – faces, and the ways problems could be tackled. Falling under the same category of a single mother raising a black male, Dr. Jackson has plenty of hands on experience! When asked, Dr. Jackson said that what led her to write the book was her own experiences and people’s opinions post-divorce. One of the comments which affected her most profoundly – and which inspired the title of the book – was people continually telling her that her son, being black and being raised by a single mother would only end up being a “statistic”. A statistic is a rather sharp euphemism, indicating that he would be going to be a part of the penal system and getting involved in

august / september 2015 issue

violence or crime, because that is what the statistics pinpointed to! With Dr. Jackson’s son, however, they could not have been further from the truth. A stellar athlete and student, his accomplishments received so much praise that Dr. Jackson found herself being approached by several people, curious to know how she did it. The result was this remarkable book. In People 911, Dr. Jackson deals with a more ubiquitous topic: conflicts, and the consequent crises they give rise to. The solution, she believes, lies in effective communication, a point which she repeatedly stresses. The book was inspired by the people she met every day, the people she talked to, and the people who confided in her. All of whom made her realize of a critical, universal state of emergency which most people seemed to be in at the moment, and it was her desire to do whatever little she could to improve this situation that led to the writing of this remarkable book. In her interview Dr. Jackson spoke about individual crisis-management styles and techniques, which an individual can work to his or her advantage when faced with a crisis, along with the possible ways with which one could deal with the problem. However, one of the most impactful elements that she talked about on the show was her belief in the power of laughter and the way it affects people emotionally, physically, and spiritually. In fact, Dr. Jackson is a sort of spokesperson for the power and benefits of laughter.

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CEO CORNER

Towards the end of the show, while we were discussing dealing with conflict and calming oneself on facing it, Dr. Jackson confessed that her go-to formula when faced with a tough situation is to close her eyes and think of the last time something made her giggle or laugh. It is a quick way, she says, to calm oneâ&#x20AC;&#x2122;s nerves instantly. That is only one of the ways that she suggested for effectively dealing with conflicts. Anger management is but a small section of conflict. Equally important in handling conflict is having the ability to never take anything personally, empathy, refraining from making assumptions or jumping to conclusions, and developing problem-solving strategies. All of these elements topped with a generous helping of effective communication will allow conflict to be resolved peacefully and efficiently. To that end, Dr. Jackson provided valuable strategies to ensure that communication is effective and is not unnecessarily hindered or brought to

a premature end. She understands the need to know that communication is two-way; therefore, to listen to what the other person may be saying is vital. She also stressed upon the importance that one is required to pay absolute, undivided attention to the conversation, of giving and receiving feedback, which is about the only sure-shot way you have to know how you are being perceived by the other person. Dr. Sabrina Jackson: trainer, speaker, business consultant, author, and, most remarkably, a wonderful human being, is driven by her passion and joy in helping others improve their lives. She is an inspiration and a role model of the best kind! TPIN

This article also appears on our sister magazine:

The ORANGE COUNTY Realtist Magazine

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BUSINESS

The Art of Customer Service in Real Estate

n real estate as in any other customeroriented industry, customer satisfaction comes above anything else. When you’re able to gain a customer’s loyalty it indicates that not only were you doing your job right, but also that you’re job with that particular customer will continue into the long-term. In order to ensure customer satisfaction in the real estate industry, you must be open to learning the art of customer service. At the end of the day, how many deals you close depend on your customer service capabilities. Knowing how to cater to your clients’ needs and wants will skyrocket your real estate career’s success. Here are some critical skills that you need in the real estate business to ensure your success.

Know Real Estate like the Back of Your Hand Although this may seem obvious to you, it is truly the most critical component of being able to provide excellent customer service and so it is worth mentioning. When you’re able to show that you’re an expert in your field you will be able to build respect and trust with your clients. Having a reputation as an expert in your community will gain you more clients than you know what to do with. Fix Any Errors You Make You’re only human, and so making mistakes is only natural, especially if you are new to the real estate business. Know that customers don’t expect you to always be perfect; however if you do slip up then they will expect you to be able to fix what went wrong.

BUSINESS

Be Patient With Your Clients

Be Compassionate

There are many buyers who are indecisive about what they want, and can even be a little needy. You must learn how to handle them with patience. You must be understanding of your buyers, even if they act as if they know more than you. Keep in mind that purchasing a house is a huge investment, and may even be the biggest investment that they’ll ever make, and so try and bear with them.

Whenever you are unsure of how to handle a particular situation try putting yourself in their shoes. Think about how you would want to be treated in their particular situation and proceed to treat them in that way. Resolve all issues with courtesy and compassion.

Always Be Honest If your client is being unreasonable with their aspirations of purchasing a dream home with an inadequate amount of funds than it’s critical that you be honest in telling them so. If you are unfamiliar with a certain community then be upfront about it. Being honest about your capabilities, as well as their purchasing power will help you gain their trust. Communication is Key Learn how to be a good listener, and ask the right questions. Make your clients feel as though you care about their hopes and goals when looking for the right home. It is also critical that you’re able to convey your own goals for them. Ensure that they understand you’re on their team. Clients will expect you to communicate with them by various means, not just in person or over the phone. Try texting them a new prospect or follow up with them on a social media platform.

Recognize Your Client’s Body Language Your clients are likely not going to be comfortable with telling you absolutely everything. However, it is your job to be able to read their body language and gage their reactions to certain situations so that you can guide them along the right path. It’s also very important that you mind your own body language. Make sure that you’re never crossing your arms or leaning back as this will indicate that you’re not interested in your client. Be Persuasive Your goal is to always close, and for some clients it’s going to be harder to do that than others. You must learn the art of persuasion so that you can convince your clients to make the right decisions. However, you must also be willing to compromise so that in the end everyone leaves a winner. Always Close The Deal Closing the deal is the most critical component of customer service. If you’re never able to close, you aren’t doing your job right. Closing the deal is not only the most significant part of the process, but it is also the part that you get paid for.

The ORANGE COUNTY Realtist Magazine

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LET IT WAVE!

NO DOWNPAYMENT, NO MINIMUM CREDIT SCORE REQUIRED

VA LOAN!

VA Program Highlights • • • • •

No Minimum Credit Score No Downpayment Required! 100% Financing with Full Entitlement Ability to Use Parting Residence Rental Income for Loan Qualification

Details:

Call today for details:

• 30 year and 15 year fixed-rate mortgages. • Loan amounts up to $417,000. Jumbo availability (Please call for details) • Available for purchase and cash-out refinance.

Name: Eric Lawrence Frazier MBA Website: www.ericfrazier.com E-mail: eric.frazier@ericfrazier.com Skype: frazier.eric Mobile: 714-475-8629 O: 800-261-1634 x 703 F: 800-261-1634

GREEN

Green Will Always Be In G

reen, the shading of life, replenishment, nature, and vitality, is connected with implications of development, amicability, freshness, wellbeing, ripeness, and environment. Green is likewise customarily connected with cash, funds, saving money, enthusiasm and Wall Street. Green has recuperating power and is comprehended to be the most serene and unwinding shading for the human eye to view. It can help upgrade vision, soundness and continuance; consumes up more room in the range unmistakable to the human eye and is a characteristic decision in inside outline as a perfect foundation or background in light of the fact that we as people are so used to seeing it all over the place. With the colorâ&#x20AC;&#x2122;s relationship with recharging, development, and trust, green additionally remains for new development and resurrection, normal in the spring season when the

august / september 2015 issue

The ORANGE COUNTY Realtist Magazine

GREEN

greater part of the plants are returning to existence with new development and life after the chilly winter months. Green influences us physically and rationally in a few distinct ways. It is calming, unwinding, and young; aides ease uneasiness, depression and apprehension. Green additionally carries with it a feeling of trust, wellbeing, enterprise, and reestablishment, and in addition poise, sympathy, and concordance. Green is an adaptable shading. Warm and welcoming, it gives clients a satisfying feeling, indicates wellbeing, environment and goodwill. At last, green is the color of cash, so it makes contemplations of riches. Finishing with this color, whether it’s the gentlest hue of celery or the most profound, and most sensational shade of emerald— immediately changes a room into a rich, lavish and unique masterpiece. Begin with the floor. In the event that you need one major burst of green, pick statement carpeting. It is normally less extravagant than other sizable furniture and can be effortlessly

moved from space to room when you’re hoping to shake things up. Pick a style with different shades of green so it will better organize with whatever remains of your stuff. Bring on the embellishments. Only a couple well-picked pieces will give you a green fix. Also, you can include and subtract things depending the amount of green you need. Genuine Simple set a green runner on the comfort, set the table with olive-shaded dishes, and surrounded scraps of greendesigned wallpaper. Emerald is telling yet sufficiently downplayed that it won’t overwhelm the room. Typically, emerald brings a feeling of clarity, replenishment and restoration, which is so imperative in today’s unpredictable world. It is recommended to make the verdant shading a point of convergence of the lounge room, blending it with other roused by-nature components like a stone mantle and woodframed dividers. Present day touches—a round reflect, a riddle like end table stand out from the provincial material.

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GREEN

Surrounded photographs not by any stretch of the imagination your style? Attempt vinyl divider workmanship as a completing touch— in the event that you don’t care for it, you can simply peel it off later.

Dividers that look emerald or greenish blue contingent upon the light—make a gem box impact that makes the little space feel like a tucked-away fortune. While there may be numerous things in this niche, a feeling of association is refined by gathering them together. Brilliant greens can be a moment disposition lifter, however they can likewise be a bit dedicated to Kermit the Frog. In case you’re anxious the shading will be excessively extreme for your room, take a stab at painting just the base third of the divider. For a fun prosper, plot an entryway or simply the top third of it, similar to this passage too. Light green can change a clean white restroom. The trap to combining shading is to keep the emphasis fresh, not extravagant. Workmanship deco touches, similar to the designed shower drape and jewel tile trim, or a warm, nonpartisan palette (think white, tan or silver emphasizes) strike only the right adjust.

Think design on-example isn’t possible? The delicate, matured feel of the green-andcream fabric is sufficiently manageable to cover the dividers, couch and shades of the guesthouse in a manner that is sensational, not bewildering. The way to getting a cleaned look that isn’t excessively occupied lies in utilizing correlative points of interest, similar to furniture in a certain style — all excellent, for instance or utilizing shades of a specific shading. The faintest shade of green can very nearly act as an unbiased, especially when combined with its inverse on the shading wheel: red. In the library, scarcely there pistachio dividers play up the strong pink and red rug. It’s enticing however quieted like a library ought to be. The simplest approach to breathe life into your room? Change the couch color by easily using a well-fitting slipcover. Turquoise conveys fervor to an unbiased. It’s a jar of vitality. A couple of striking extras can punch up the show in a room, especially when you play with new surfaces. An emerald velvet pad and coordinating cornice are a rich, enhancing counterpoint to the smooth wooden floors and models. TPIN

Delicate sage and celery greens make an unwinding setting for the room. The hues are sufficiently quieted that you can get additional lively with your bedding.

august / september 2015 issue

The ORANGE COUNTY Realtist Magazine

GOOD NEWS!

FHA Back to Work Program! Our company is proud to participate in the FHA’s Back to Work Program. This program is designed to help buyers who have lost their homes as the result of an economic event. Using this program, you can reduce the bankruptcy, foreclosure, short sale and deed in lieu of foreclosure seasoning requirements to as little as 1 year!

PROGRAM BASICS • Buyer must have experienced an economic even, defined as: - Loss of employment - Drop in household income of 20% or more lasting 6 months or longer. • Purchase Loans only • Demonstrate full recovery from the event, including re-established credit for the most recent 12 months. • Completion of housing counseling through a HUD-approved counseling agency

Call me for details: Name: Eric Lawrence Frazier MBA Website: www.ericfrazier.com E-mail: eric.frazier@ericfrazier.com Skype: frazier.eric Mobile: 714-475-8629 O: 800-261-1634 x 703 F: 800-261-1634 Frazier, Eric, Lawrence is a CA Mortgage Brokerage Licensed by the State of CA BRE 01143484 and is not affiliated with any state or federal agency. Frazier, Eric Lawrence is also licensed by NMLS# 1273606 - www.nmlsconsumeraccess.org. Frazier, Eric, Lawrence is an equal housing lender. Our corporate office is located at: 379 6th Street Riverside, CA 92501. Telephone and Fax: 800-261-1634 Eric Lawrence Frazier, MBA is a Licensed Loan Originator NMLS# 1461708. This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states.

OUR COVER

Ron Cooper Ron Cooper I had the privilege to interview Ron Cooper for the The PIN magazine, and I became a bigger fan of Mr. Cooper during the interview. I have known Ron for over twenty years and have been a witness to his success in the real estate business. I used to visit his real estate office for loans as a Branch Manager for American Saving Bank and Washington Mutual years ago. I am very proud to know Ron, and I appreciate the time he provided for this interview. He is an inspiration to me and a great leader in our community. Ron Cooper is an African American Real Estate Broker, investor, and entrepreneur. He has become a multimillionaire as a broker and investor, and has built an incredible portfolio of real estate that will financially impact his family for generations to come. He has built a very successful REO business and has commercial accounts with all the major banks, government agencies, and private companies. He has a team of over thirty full time agents and is a recognized name in Los Angeles as a broker, leader, and real estate firm. R.S. Cooper and Associates is a brand and player in the real estate market of Los Angeles, California. Ron Cooper is also a success story not just for the African American Community but for all Americans who seek the promise of America for the opportunity to pursue your dreams, provide for your family, and to achieve wealth that may change the life of your family for generations. Ron Cooperâ&#x20AC;&#x2122;s story is not unique. There are many Ron Coopers in African American communities across the country who have chosen real estate as a profession and have built tremendous wealth. For most of these individuals it started with buying their first home; however, you will not read about African American men like Ron Cooper, especially in the press lately. In addition, men like Ron Cooper do not seek the limelight or fame.

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OUR COVER

Ron Cooper especially loves working behind the scenes building a successful company, mentoring real estate agents, working with community organizations, investing in young people, leading real estate trade organizations, and being a role model for other African American men who have chosen the profession of real estate.

significant fall from the still low norm of 48%. To make matters worse, there is a 59% loan denial rate to African Americans applying for a mortgage loan. For most Americans 90% of their wealth is in homeownership. There is already a significant wealth gap between African American and whites, but the Great Financial Crisis exacerbated the situation and has caused a larger wealth gap for the African American community. Government policies in housing and banking, credit overlays in lending, FICO SCORE requirements, and many other barriers are making it difficult, if not impossible, for African Americans to get back in the housing market. In the interview Mr. Cooper shared his own story about how investing in real estate enabled him to send his children to a top university because of the money he earned from owning and renting out real estate.

Mr. Cooper has achieved many accomplishments in his real estate career and will soon achieve perhaps his most important role yet as President of the NAREB, The National Association of Real Estate Brokers. After years of serving the organization and being in the real estate business for more than thirty-three years, he now has earned an opportunity to make a difference as leader in the NAREB. As President of NAREB, Mr. Cooper hopes to have the greatest impact on the organization and in the African American community by making advocacy his number one priority. He believes that there are many reasons why advocacy must be a priority Ron Cooper expressed his excitement about for his administration. being inaugurated on August 20th, 2015 as the 29th President of NAREB . Since the One reason Mr. Cooper believes that advocacy Presidency of NAREB is a two year term, Mr. should be priority is because of the Great Cooper has simplified his mission into three Financial Crisis. Everyone was impacted by components in order to get as much done as the Great Financial Crisis, but the African possible. American community was devastated by the crash of the real estate market and the lost The First Component Is Returning the thousands of jobs. Now that the country is NAREB to Its Roots in Advocacy. recovering from the crash and the real estate market is coming back, only 2.2% of all loans Cooper believes that the NAREB has moved are going to African Americans from the most away from enacting social change in real estate recent data of Freddie Mac. Only 41% of in favor of becoming a trade organization. The African Americans currently own a home, a issues facing African Americans as relates to

august / september 2015 issue

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OUR COVER

homeownership is serious and must be a priority of his administration. The slogan of NAREB, “Democracy in Housing”, is a call to action for equality and opportunity for homeownership in the African American community. Ron Cooper will be using his position as the President of the NAREB to begin rebuilding the African American community’s re-entry into homeownership. The Second Component of Ron Cooper’s Plan is to Reestablish the NAREB’s Relationships With Community Organizations Such As Fair Housing or the NAACP. Getting on the same page and creating partnership with leading advocacy organizations who serve minorities and the African American community is a high priority to Mr. Cooper. He intends to work with these organizations to improve homeownership of African Americans and form strong collaborations and partnerships that will unite and strengthen our collective efforts as advocacy organizations striving the meet the needs of our communities.

as exposing the issues regarding the state of housing for African Americans. Ron Cooper’s mission statement for his term as President of the NAREB is “reimagining the dream of homeownership through advocacy, action, and activism.” He notes that to truly reimagine anything, one must better the original action or thought. By reimagining homeownership in the African American community he hopes to reveal that renting will only get one so far. Owning a home will allow African Americans to build wealth for generations to come. Ron Cooper has the full support of The Power Is Now Team as he moves forward into the presidency of the NAREB. His clear mission statement clearly communicates that the time for change in the African American community and in the organization is now. We look forward to interviewing Ron Cooper again during his term and after he has completed his term to speak about his accomplishments. I am confident that he is prepared for the job, and I agree with him that the Presidency of NAREB was his divine destiny. Eric Lawrence Frazier, MBA

The Third Component of Mr. Cooper’s Mission Is To Reestablish Relations With the Public. He believes that the NAREB has retreated into a private organization and needs to advance back into the public to tackle the social issues with home ownership. Mr. Cooper vows that there will be a community day every year at the National Convention to bring news of the NAREB’s activities to the public as well

This article also appears on our sister magazine:

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ECONOMICS

What the Current Rise in Payroll to Population Rate Means

he payroll to population rate of the U.S. was up to 45.5% in June 2015. This percentage is up one full percentage point from the previous month, showing improvements in the workforce participation and slight falling of the unemployment rate. While these numbers are not drastic, they are deceptively positive and bring bad news to the American people even though this is the highest the payroll to population rate has been since October of 2012

august / september 2015 issue

(Newport, “U.S. Payroll to Population…”).. So the first question you should ask is what does this mean to me? The payroll to population rate is a mathematical relationship between the unemployment percentage, meaning those without work, and the percentage of people participating in the workforce, meaning the percentage of adults aged eighteen and older that work, [or who are not working, but actively look

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for work and are available for employment]. This allows those watching the employment issues in the U.S. analyze trends and realize why the numbers are what they are. In this case of a higher payroll to population rate, we look at why this number is rising and what we can do to keep it rising. One of the reasons for the rise in the payroll to population rate is the fall of seasonal employment. People are

ECONOMICS

(Newport, “U.S. Payroll to Population…”). Many will not be able to find a new job come the fall.

beginning to get back to full time work for the fall, which allows the percentage to rise. Unfortunately, this also means that seasonal work is coming to a close, causing many to simply lose their jobs and some will give up working or even looking for a job until that season rolls around again

Once someone gives up looking for a job, they fall off of the statistical radar. Unemployment does not take into account those that are not actively looking for a job and neither does the workforce participation. Also, people that are self-employed and those that are underemployed through part-time work are not taken into consideration. Because of this, many people that once toiled tirelessly to find an occupation and have given up are not represented in the percentage. The American payroll to population rate has not bettered itself; it has simply the lost weaker players in its statistic (Newport, “U.S. Payroll to Population…”). So what does the payroll to population rate mean? It means that some people may be finding jobs and reentering the workforce; however, it

also means that people are giving up the job search. The true unemployment rate if one takes into account those underemployed and those no longer looking for work is at 10.5% (Amadeo, “What Is the Real…”), a staggering number to say the least. Unfortunately for the general public, many politicians or Federal Reserve board members will attempt to take advantage of these rising payroll to population numbers, claiming that the percentage point rise has nothing to do with people simply giving up. Therefore, one should be wary of interest rates rising to combat how well the U.S. appears to be recovering. Analyzing these statistics is vital to understanding the American economy; however, skewing the conclusion to fit political moves is not the goal here. The goal is to get people back to work. TPIN

References:

• Amadeo, K. What Is the Real Unemployment Rate? Formula, Examples. Retrieved July 20, 2015. • Newport, F. (2015, July 1). U.S. Payroll to Population Rate Rises to 45.5% in June. Retrieved July 28, 2015.

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FINANCIAL

Implementation of TILA - RESPA Integrated Disclosure In November 2013, the Consumer Financial Protection Bureau (CFPB) coordinated the Real Estate Settlement Procedures Act (RESPA) and Truth in Lending Act (TILA) divulgences and regulations. Any exchange including a home loan will utilize the most recent CFPB divulgence shapes. The new TRID structures were to be actualized on August 1, 2015. Be that as it may, the Consumer Financial Protection Bureau (CFPB) has proposed an alteration to defer the powerful date of the implementation until October 1, 2015. The proposition will be accessible for open remarks, and CFPB is relied upon to discharge a definite choice in the blink of an eye from that point.

Street Reform and Consumer Protection Act coordinated the Consumer Financial Protection Bureau (CFPB) to coordinate the home loan credit exposures under TILA and RESPA. The new exposures are intended to enhance revelations to buyers furthermore contain resilience restrictions that may bring about banks to discount charges to shoppers when certain expenses shift between the introductory and last divulgence.

On June 17, 2015 the CFPB reported a proposition to move the Implementation date for TRID from August 1, 2015 to October 1, 2015. The National Association of Realtors, “The Voice for Real Estate,” is America’s Foundation biggest exchange affiliation, speaking to 1 million individuals included in all parts of the For the most recent 30 years, banks have private and business land commercial ventures. been needed by Federal Law to give 4 diverse exposure structures to shoppers requisitioning On June 17, 2015, the Consumer Financial a home loan. The structures were produced Protection Bureau (CFPB) reported that it independently by two Federal organizations would propose to postpone the RESPA/TILA under the Truth in Lending Act (TILA) and Integration or TRID until October 1 because of the Real Estate Settlement Procedures Act of issues with the Administrative Procedures Act 1974 (RESPA) and contained covering and furthermore to push usage further into the fall conflicting dialect. The 2010 Dodd–Frank Wall after school begins. NAR has been driving the

august / september 2015 issue

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FINANCIAL

push to guarantee a successful execution of the TRID regulation. The activity reported by the CFPB was an appreciated step. NAR has since a long time ago pushed the need to abstain from actualizing the new regulation amid the top summer offering season. NAR respects the CFPB’s proposed expansion to October 1, 2015, and in addition the prior “affectability” they offered to organizations making a decent confidence push to follow the new TRID regulation. According to them, they will keep on living up to expectations with CFPB to minimize any conceivable business sector disturbances or vulnerability that could create taking after the usage. REALTORS admire that the CFPB has exhibited a comprehension of the requirement for extra time to oblige the hobbies of the numerous customers and suppliers.

DIAGRAM OF THE TILA-RESPA The TILA-RESPA Control

Exchanges the Standard Spreads

The TILA-RESPA tenet merges four current revelations needed under TILA and RESPA for shut end credit exchanges secured by genuine property into two structures: a Loan Estimate that must be conveyed or put via the post office no later than the third business day in the wake of accepting the customer’s application, and a Closing Disclosure that must be given to the buyer no less than three business days preceding fulfillment.

The TILA-RESPA standard applies to most shut end buyer credit exchanges secured by genuine property. Credit reached out to specific trusts for expense or domain arranging reasons for existing is not absolved from the TILA-RESPA standard. Notwithstanding, some particular classifications of advances are prohibited from the principle. In particular, the TILARESPA tenet does not make a difference to HELOCs, opposite home loans or home loans secured by a trailer or by a residence that is not connected to genuine property (i.e., land).

The Record Maintenance Prerequisites for the TILA-RESPA Standard The loan boss must hold duplicates of the Closing Disclosure (and all records identified with the Closing Disclosure) for a long time after culmination. The bank, or servicer if appropriate, must hold the Post-Consummation Escrow Cancelation Notice (Escrow Closing Notice) and the Post-Consummation Partial Payment Policy exposure for a long time. For extra data, see segment 15 beneath. For all other proof of agreeability with the Integrated Disclosure procurements of Regulation Z (counting the Loan Estimate) banks must keep up records for a long time after culmination of the exchange. On the off chance that a leaser offers, exchanges, or generally discards its enthusiasm for a home loan and does not benefit the home loan, the lender should give a duplicate of the Closing Disclosure to the new proprietor or servicer of the home loan as a piece of the exchange of the credit document. Both the loan boss and such proprietor or servicer should hold the Closing Disclosure for the rest of the five-year period. The new Integrated Disclosures must be given by a loan boss or home loan handle that gets an application from a customer for a shut end credit exchange secured by genuine property on or after August 1, 2015. TPIN

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REAL ESTATE

PRICING BIDDING WARS The home buying season is in its full colors. Be that as it may, there is only one issue: The dominant part of America is reporting a tight supply of private land in most value purposes of the business sector. Bidding wars are extraordinary in case you’re attempting to offer your home, yet they’re not all that good in case you’re the one offering. The land business is unquestionably grabbing, yet we might soon end up in a circumstance where there are a greater number of purchasers than dealers, and that is the point at which you’ll end up in an offering war. Here are some incredible tips to help you win any pricing and bidding war you may wind up in. FOUR PROPERTY STRATEGIES FOR THE WIN Do Your Homework Don’t utilize a purchasing operator given you can drive yourself around town and quest for properties on the web. How about we say the commonplace land specialists offering commission is 6%. The offering specialists must offer 3% to the purchasing operators for presenting to them the purchaser. As opposed to utilizing land operators to purchase a property, essentially request that the offering specialists speak to you and additionally the dealer. Obviously, having him/her go about as double specialist may make prompt irreconcilable situations, yet in the event that the operator is a veteran and respectable, there is no harm. As a purchaser, you instantly have no less than an imbedded 3% value advantage over your entire rival. Moreover, the double specialists have to do their guardian obligation and let you know everything that is going on specifically.

appears a bit of overwhelming. Yet, such as doing your own expenses, or making sense of how to purchase your first plane ticket and travel alone the nation over, you’ll make sense of it on the off chance that you attempt. Invest energy perusing all the divulgence reports. Go on Zillow to make sense of the property assesses, the assessed estimation of the home, and when the property last sold. Get your own particular examiner to the property to check whether there are any issues that need tending to. Survey the title report and call the title organization to verify the proprietors do for sure own the property. Toward the day’s end, everything is a conviction-based action. Highlight

There’s nothing that gets a land specialists more energized than accepting a selective posting, particularly in a hot business. Getting a leaning to offer a property ensures them a 3% commission, as well as assembles their offering resume, which is greatly essential in getting more For first time homebuyers, not utilizing postings. an operators to purchase a property august / september 2015 issue

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REAL ESTATE

In case you do have another bit of property, then highlight the property to the offering specialists as something you are considering offloading IF there is an effective exchange in the middle of you and the property he/she is presently offering. Like any insightful representative, land specialists need to gauge a client’s lifetime esteem. The best operators purchase and offer homes for the same people numerous times for the duration of their lives, and keep on purchasing and offer homes for their kids too. In the event that you can present to the specialists that you could be a remarkable long haul customer, then you will have a gigantic favorable position in winning their posting, particularly if one of your properties is worth considerably more. In any case, there’s no damage in letting them know you will emphatically consider giving them one of your properties to offer if there’s a fruitful exchange. Go with a no-financing possibility offer No-possibility financing is an approach to make you look tantamount to an all-money offer. Your bank has officially sanction financing for the home when presenting an offer in light of the fact that they know you’re a decent client. The most obvious concern a merchant

and offering specialists has is a financing possibility. Having a 14-day financing possibility implies that the purchaser can leave with his/her 3% sincere cash store, and the whole arrangement for reasons unknown they pick. In case this happens, the home gets no less than a transitory flaw as different purchasers wonder why the triumphant bidder dropped out furthermore begin to scrutinize what’s off with the property and the evaluating. Just run with no-possibility financing on the off chance that you are completely sure you can manage the cost of the property and genuinely need to purchase the property. Else, it’s generally great to have an out recently on the off chance that anything happens, e.g., lose your employment, experience some sudden nerves, medicinal crisis, and so forth. Look for postings by town operators These operators are the odd-balls in the crew. As a purchaser, you don’t generally think about land operators governmental issues. What you think about is getting the best arrangement conceivable. This is the place you dial up your endeavors to take a look at all the online postings, go to all the Saturday and Wednesday open houses, and hunt particularly down postings with no photos and firms that aren’t neighborhood. TPIN

REAL ESTATE

Anaheim Real Estate: Good for Investors or Just for Disney Royalty?

The city of Anaheim provides a less expensive location than other portions of Southern California, while still maintaining a short distance to many important locations around California. Because this urban area is under an hour drive away from Los Angeles, Santa Ana, and Long Beach, Anaheim stays close to many important attractions, while still staying away from the larger cities. This city boasts of being a part of the Los Angeles metropolitan while still being a separate city in California. Being located on Interstate 5, Anaheim is also connected to one of the largest highways on the West Coast. This city is also the location of the Disneyland Resort. A great location is difficult to beat, but what is the market of this city like?

1.2% within the next year (“Anaheim CA Home Prices & Home Values”).

This projection comes from the fact that for the past five years the average price of houses has appreciated by 31% (“Anaheim Hills Real Estate ~ Market Update - O.C. Real Estate Consultant”). These increasing values have also come along with there being a lower inventory in the market of Anaheim. This is creating a seller’s market within the city of Anaheim; therefore, there is a lower inventory of homes to be sold. Not only is it a seller’s market, the house values are also increasing, creating a market that is great for property owners in Anaheim. Trends indicate that this will continue to be the case, because Anaheim’s Crash Recovery the property values are projected to continue increasing based on their previous appreciation Ever since the real estate crash of 2008, many (“Anaheim CA Home Prices & Home Values”). real estate markets have been trying to recover from the crippling effects of the housing bubble To Buy or To Sell burst. There have been varying amounts of success from multiple markets, but the real Comparing the median value of houses over estate market of Anaheim, California has been the national, state and local level, Anaheim is showing promising potential. This market has revealed to be a more valuable than the median been managing to slowly and steadily work its national and state value for houses. Overall, way back up towards what the value of houses the median house value of houses in Anaheim were before the real estate crash. The median is $481,500 (“Anaheim CA Home Prices & sale price of homes in Anaheim have not Home Values”) while the median house value of returned to their peak at $608,000, but they have houses in California is $441,800 (“California been slowly increasing over time. Home values Home Prices & Home Values”) and the median have moved the median sale price back up to house value at the national level is $275,500 $497,900. This market has shown impressive as of February 2015 (“Median and Average growth, with the home values rising 3.8% Sales Prices of New Homes Sold in United over the past year. Not only that, it has been States”). This means that Anaheim houses are projected that the home values will increase by more valuable than the median house value at august / september 2015 issue

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REAL ESTATE

the state and national level. This trend reveals that the Anaheim market is managing to do better than the national market overall, and it is doing slightly better than the state level. This trend may be due to the fact that the market in Anaheim is supported by its location on the I-5, its proximity to Los Angeles (and being part of the LA Metro), and the fact that Disneyland, a major tourist destination, is located in Anaheim. Is The Rent Right? As for renting prices in Anaheim, the prices in Anaheim are comparable to the surrounding cities except for Los Angeles. Anaheim has a Zillow Rent Index of $2,451 (“Anaheim CA Home Prices & Home Values”), while the city of Santa Ana has a Zillow Rent Index of $2,294 (“Santa Ana CA Home Prices & Home Values,”). Anaheim does not, however, have a higher Zillow Rent Index value than the city of Los Angeles, which has a Zillow Rent Index value at $4,252 (“San Francisco CA Home Prices & Home Values”). Not only are the Zillow Rent Index values high in California, but at $4,000 the rent price of Los Angeles is significantly higher than Anaheim’s rent price of $1,800. Despite that, Anaheim’s average rent list price of $1,800 is still more expensive than the average rent price for houses in the U.S., which is at most $1,523 for a three bedroom apartment (“Apartment

Rental Data”). One may ask: why is Anaheim so far above the U.S. average? The answer is simple. The location cannot be beat. With Disneyland in your backyard, Anaheim’s apartments and homes for rent cater to the employees of the Disney attractions as well as eager families looking to rent near the Disney magic. Anaheim: A Valuable Market Overall, Anaheim is a growing and important market for the U.S. Predictions for the city of Anaheim have shown that home values will increase slowly over time. The steady growth and property value increase that this city is showing is proof of how a market can recover over time from a terrible crash. The support that Anaheim receives from its location helped in the recovery of this city. For the people living in this city, they will be seeing an increase in their home value and a decrease in the amount of houses that are for sale. Since the home values will be higher, properties will be worth more and will sell for more should owners choose to do so. This will create a more competitive market within the city of Anaheim. Ultimately, Anaheim is projected to increase its property value and to become a great market for anyone looking to sell their property. TPIN

References: 1. Anaheim CA Home Prices & Home Values | Zillow. (2015). Retrieved July 24, 2015. 2. Median and Average Sales Prices of New Homes Sold in United States. Retrieved July 24, 2015. 3. Real Estate Data for Anaheim. Retrieved July 24, 2015. 4. California Home Prices & Home Values | Zillow. Retrieved July 24, 2015. 5. Anaheim Hills Real Estate ~ Market Update - O.C. Real Estate Consultant. Retrieved July 24, 2015. 6. Santa Ana CA Home Prices & Home Values | Zillow. Retrieved July 24, 2015. 7. Apartment Rental Data. Retrieved July 24, 2015. 8. San Francisco CA Home Prices & Home Values | Zillow. Retrieved July 24, 2015.

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Join NAREB at their 68th Annual Convention. The 2015 convention will be a motivating experience with professional development, training, networking and excitement. Come join us to Refresh, Recharge and Renew your knowledge and educational skills! We will kick off the convention on Monday, August 17th with the Presidentâ&#x20AC;&#x2122;s Welcome Reception at a popular downtown Houston venue and ending on Thursday, August 20th with a black tie event featuring the Installation/Awards Gala and Inaugural Party.

OMNI HOTEL - GALLERIA Four Riverway, Houston, TX 77056 (713) 871-8181

REAL ESTATE

Newport Beach: Perfect for an Investor’s Summer Investments

he city of Newport Beach, California is located fifteen minutes from Anaheim, the home of Disneyland, and Santa Ana. Newport Beach is also located an hour away from Los Angeles and is near I-405 and I-5. This city is located near all of these great attractions while still maintaining its own unique personality as a thriving metropolis. It is located right on the pacific coast, making this upscale neighborhood a beach city. Newport Beach hosts plenty of attractions and sights to see and tourists to see them. This city is a highly ranked area, but is this city a good investment?

august / september 2015 issue

Newport Beach’s Attempted Recovery After the real estate market crash of 2008 the city of Newport Beach was hurt just like the rest of the U.S. Naturally, the inhabitants of Newport Beach attempted to recover from the crash and tried to regain value in their property; Newport Beach was no exception. The city succeeded for some time in recovering from the tragic crash, but unfortunately the city’s median sale price has dropped recently. The value of properties in Newport Beach have risen after the crash, with the median

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REAL ESTATE

sale price rising as high as $1.48 million. Unfortunately, the median sale price dropped to $1.36 million, which was only slightly higher than the median sale price right after the crash, $1.5 million. The value of the homes in Newport Beach has been falling recently, but this decline has been gradual. In the last year the median sale values of the houses in Newport Beach have dropped by -0.2% over the past year, and it is projected to remain stagnant over the next year. This drop in price has created a surplus in the supply of houses within Newport Beach,

creating a buyer’s market within the city. With a large inventory, Newport Beach has a large amount of houses that range in quality and price. Additionally, with little demand for the houses in Newport Beach, the buyer’s market within the city is strengthened (“Newport Beach CA Home Prices & Home Values”). The inventory of homes has only been decreasing slightly over the past year, with the inventory decreasing by 4% since June of 2015 (“Newport Beach Real Estate Trends and Statistics”).

An Expensive Place to Invest Now comparing the median sale price to the state and the national level, Newport Beach is revealed to be an expensive place to purchase property. The median sale price of Newport Beach is $1,401,650 (“Newport Beach CA Home Prices & Home Values”), while the median sale price for the state of California is $441,800 (“California Home Prices & Home Values”). At the national level the median sale price is $281,800 as of June 2015 (“Median and Average Sales Prices of New Homes Sold in United States”).

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REAL ESTATE

This means that the market in Newport Beach is in the upper end of the market at both the state and national level. However, this is not due to the strength of its market, because the values of the properties have been decreasing over time. This could be due to the location of the city. It is located near landmark cities with two large interstates nearby. More importantly, this city is located on the beach, which will increase the value of the properties within the city. For these reasons, the value of the homes will drastically increase, making Newport Beach a premium, but expensive location. Buying or Renting: Which Is Better for You? In regards to the renting prices in Newport Beach, it is also more expensive than the cities surrounding it as well as the U.S. average. The Zillow Rent Index for the city of Newport Beach is $4,154 (“Newport Beach CA Home Prices & Home Values”), while the Zillow Rent Index for Los Angeles is $2,505 (“Los Angeles CA Home Prices & Home Values”) and the average rent for the US is $1,367(“Newport Beach CA Home Prices & Home Values”). Therefore, the city of Newport Beach is much more expensive to rent in than in the surrounding cities. Not only is the Zillow Rent Index higher in Newport Beach, the

average rent is also higher in the city. The rent list price in Newport Beach is $2,800 (“Newport Beach CA Home Prices & Home Values”), while in Los Angeles it is $2,425 (“Los Angeles CA Home Prices & Home Values”) and the average rent for a three bedroom apartment in the US is $1,523 (“Apartment Rental Data”). This means that Newport Beach is highly valuable to anyone who is looking to own property in order to rent the space out and make a profit. A Good Time to Invest Overall, Newport Beach remains an important market within the U.S. While the values of the properties have decreased slightly over time, it is predicted that the value will remain stagnant over the next year with a possibility of the property value increasing over time. However, since this city is currently a buyer’s market, it is important to keep this city in mind when thinking of investing in properties. Also, due to the high cost of rent within this city, owning property to rent right now could prove to be profitable to both locals and investors. With the inventory starting to decrease, now would be a great time to invest into this market. TPIN

References: 1. Median and Average Sales Prices of New Homes Sold in United States. (n.d.). Retrieved July 24, 2015. 2. Newport Beach CA Home Prices & Home Values | Zillow. (n.d.). Retrieved July 24, 2015. 3. Real Estate Data for Newport Beach. (n.d.). Retrieved July 24, 2015. 4. Newport BeachReal Estate Trends & Statistics. (n.d.). Retrieved July 24, 2015. 5. Santa Ana CA Home Prices & Home Values | Zillow. (n.d.). Retrieved July 24, 2015. 6. California Home Prices & Home Values | Zillow. (n.d.). Retrieved July 24, 2015. 7. Apartment Rental Data. (n.d.). Retrieved July 24, 2015. 8. Los Angeles CA Home Prices & Home Values | Zillow. (n.d.). Retrieved July 24, 2015.

august / september 2015 issue

The ORANGE COUNTY Realtist Magazine

CEO CENTERFOLD

CHRISTOPHE CHOO

A Christophe Choo has been aptly dubbed “a real estate social media rock star.”

s the President broker of the Christophe Choo Real Estate Group and one of the top luxury real-estate agents of the country, he has over twentysix years of experience, along with several impressive accolades. He also extends his service and expertise to Coldwell Banker, and has been named amongst the Top 100 at Coldwell Banker’s Previews International in 2010 and every year since. He was also named amongst the Top 24 agents for Coldwell Banker Residential Brokerage in 2014. Christophe Choo has also extended his services to residences in prominent Westside locations, including Beverly Hills and Bel Air, and the premiere Los Angeles neighborhoods. Moreover, he has closed more than five hundred real estate transactions over the course of his impressive real estate career! He is an incredibly talented broker with a passion driving his work and career. Having travelled across the world, Christophe has a prestigious clientele comprising of prominent foreign investors, business executives, and celebrities. He is also a television personality,

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frequently appearing on HGTV’s show “Selling LA”, along with several appearances in a number of other real estate related television programs. In the twenty-six years of his real estate career, Christophe has sold practically everything from estates, to single family residences. He is, undoubtedly, the complete package, bringing experience, knowledge, and negotiation skills to the table. Christophe Choo, before stepping into the world of real estate at the young age of nineteen, was a fashion model. During his modeling days, he was fortunate enough to have travelled often enough to learn to speak French and Spanish fluently. His tri-lingual abilities are a massive advantage when it comes to buying or selling, especially because it helps him communicate with a wider range of clients hailing from different backgrounds. This is perhaps why his clients consist not only of local buyers, but also buyers from across nations. He does have clients that are royalty, but Christophe believes that even those that are not royalty should be treated like they are.

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CEO CENTERFOLD

This shows the dedication to his clients, and the YouTube channel that deal with real estate kind of services he and his team offer. issues and talks. The way he connects with his audience is through the videos he puts up on One of the first things that will strike you when his channel, which allow for a more genuine you meet Christophe Choo for the first time is and more authentic image to be sent across to how impeccably he dresses and the elegance those who might be watching. He is always with which he carries himself. Part of this open to trying new methods, and he realizes that interest in fashion comes from his career as a although some of them might not always end model from when he had not yet entered the up being exceptional, you have to give it a try real estate business; however, once he did, his nevertheless. interest in fashion did not fade away. So much so, in fact, that fashion has become an integral As per our tradition, we asked Christophe Choo part of his business, with every occasion calling the same question we ask all the other guests on for a different and appropriate outfit; you do not our show, “What does the phrase, “the power often see this in real estate agents. He believes is now” mean to you in terms of what you do?” that looking a particular way for a particular Christophe’s answer was perhaps one of the occasion has a very important role in the kind of best thus far. It is, he claims, a very important messages one sends to people, especially when aspect of how he lives his life, always living it comes to businesses like the real estate, which in and paying attention to the present moment are largely client-based. Dressing appropriately – the now – instead of dwelling on the past or and keeping with the occasion affects the the future, as we are oft wont to do. This makes impression that a client may form of you. It is, us lose sight of the present, so that we “don’t he believes, a representation of who you are, and even see the power of the now”, says Choo. The as an agent you will be representing your client, now is all that we have, and how we spend it which is the most important. will have an impact; he says. Christophe Choo further illustrates this with a profound metaphor Christophe realizes the importance of marketing of throwing a rock into a still lake. The ripples and image in the world of real estate. To him, being formed reflect the effect that our actions an agent as a brand is a vital phenomenon in the present moment could, and definitely will, that has become a new trend in the real estate have. The past is gone; the future is not here; and business in the last few years. This is unlike the the only time that is, is the present, and we better earlier days when the only agents who carried make the best of it. brand names were big corporate agencies such as Coldwell Banker. Today, he says, real estate He is one of those people that are extremely agents are finding their footing with brand image passionate about what they do. Choo says, “I and realizing the importance of establishing a have been successful over the last two decades, firm image in the industry. On that same note, because I love what I do. Finding a person’s consistency is an equally important element to dream home is not a job to me; it’s my passion,” factor in. Consistency here means not just in the he says, and this reflects in his work. It is the terms of how you market yourself or your brand same passion that allows him to communicate image, but consistency also in the kind of work with his clients and help them find the home that you do: the quality and the professionalism. that they have always dreamed of possessing – a passion that he has imbibed in his team as well. Christophe Choo has a strong online and social TPIN media presence, with over 1500 videos on his

august / september 2015 issue

The ORANGE COUNTY Realtist Magazine

FHA 99.5%

Join Us On:

FINANCING

This 1/2% * down payment program is CREDIT SCORES designed to help low-to moderate- income borrowers achieve the dream of home 580 minimum credit score rquired. Those with ownership. no credit score may also qualify with alternative credit. Two.unit properties require a minimum * Make home ownership a reality for yor borrowers sooner 640 credit score rather than later. Check out program requirements and contact us with your questions.

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OTHER DETAILS Income limits are 115% of HUD area median income (AMI). Non-occupying co-borrowers and co-signers are not allowed. Home buyer education is required.

Contact me today! Name: Eric Lawrence Frazier MBA Website: www.ericfrazier.com E-mail: eric.frazier@ericfrazier.com Skype: frazier.eric Mobile: 714-475-8629 O: 800-261-1634 x 703 F: 800-261-1634 Frazier, Eric, Lawrence is a CA Mortgage Brokerage Licensed by the State of CA BRE 01143484 and is not affiliated with any state or federal agency. Frazier, Eric Lawrence is also licensed by NMLS# 1273606 - www.nmlsconsumeraccess.org. Frazier, Eric, Lawrence is an equal housing lender. Our corporate office is located at: 379 6th Street Riverside, CA 92501. Telephone and Fax: 800-261-1634 Eric Lawrence Frazier, MBA is a Licensed Loan Originator NMLS# 1461708. This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states.

REAL ESTATE

Real Estate Focus:

Santa Ana

estled comfortably in Orange County, California is Santa Ana. The fourth most densely populated city in the U.S.; however, in 2011 Forbes ranked Santa Ana as the fourth safest city in the U.S. as well. This ranking makes Santa Ana a more desirable place to live than some of the more dangerous cities in California. Home Values and Mortgage Mayhem The home value in Santa Ana is currently $423,500, which is at a 5.5% increase over last year. As the values of homes begin to rise, the seller’s market begins to open up in Santa Ana. This home evaluation will also be affected by the increase in foreclosures in Santa Ana as 10,000 mortgages are defaulted upon this year. That number of defaulted mortgages is expected to rise to 7.1% in the next year in Santa Ana. Zillow predicts that 11% of Santa Ana homeowners are dangerously

august / september 2015 issue

behind on mortgage payments. This is worrisome, because as homes climb in value people are further away from being able to afford them. Many are not able to be approved for a mortgage loan, especially with the climbing interest rates. Because of this, the seller’s market may take a turn at its peak to become a buyer’s market with excessive inventory (Zillow, “Santa Ana CA Home Prices…”).

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Need to Relax? With all of the mortgage problems in Santa Ana, many turn to the hotspots in Santa Ana to let go of some stress. These stellar hotspots are another reason why this is such a great place to live. Hot bars such as the Chapter One gastropub and Lola Gaspar take you away to another world for your happy hour or for your much needed night

REAL ESTATE

out. A restaurant entitled The Playground even offers art in the form of food. The chef takes liberties to play with the food and create a masterpiece with no substitutions and no changes by the customer. It is a great place to expand your palate and have a great time with friends (Garofalow, “Best Spots…”). Historical Landmarks to Keep You Thinking Santa Ana is filled with stunning historical landmarks that cannot be found anywhere else. The historic Orange County Courthouse stands proudly within the city of Santa Ana, allowing the city to bathe in its old world charm. The Bowers Museum offers an educational experience like none other with its world class dedication to culture and art of the surrounding areas. Standing proudly over the I-5 is the Santa Ana Water Tower that holds 800,000 gallons of water for the city and is a proud landmark for the inhabitants of the city (“Santa Ana History…”). Rent or Buy? These exciting elements to the city of Santa Ana only raise the value of the homes within the city borders, because the bustling city offers just about everything. Also, Disneyland is just a short drive away through it neighbor, Anaheim. If buying a home is too much for

you, you can always look into renting in Santa Ana. Currently, the rent in Santa Ana is $1,296 per month, which is much more affordable than the rent prices of its Anaheim, which is at $1,800 and rising. Renting in Santa Ana may be the saving grace of the populace that has defaulted on a mortgage and has nowhere to go (Zillow, “Santa Ana CA Home Prices…”). Especially because Santa Ana is currently a seller’s market, buyers will want to hold off on purchasing that Santa Ana real estate until it flips to a buyer’s market. Renting for now will also allow the buyer to save up for the dream home and eventually purchase it at a more competitive price. While Santa Ana may not be the most valuable place to invest in Orange County, it is a great place for a family to settle down or for a new investor to start up in order to warm up for the more expensive properties. This dense city is ready to be back to the bustling place that it was before the crash in 2008. TPIN

References: 1. Garofalow, S. (2013, October 24). Best Spots For A Night Out In Santa Ana. Retrieved July 28, 2015. 2. Santa Ana CA Home Prices & Home Values | Zillow. (2015, May 31). Retrieved July 28, 2015. 3. Santa Ana History - Landmark Architectural Walking Tour of Santa Ana, CA. Retrieved July 28, 2015.

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RENTING

Are PROPERTY MANAGERS Indispensible?

reat property administration would not cost you cash, instead it would get you cash. In the event that a land financial specialist has bought a venture property, a solitary family home, duplex, a 4-plex or much bigger multi family unit, the genuine objective is essentially income. Contingent on the span of upfront installment and state of the land property, income could conceivably turn into a reality. Land property administration is a vital part of keeping up a property and its esteem in the business sector, also drawing in occupants. Proprietors and landowners who are occupied, own few properties, or who are away can surely profit by enrolling the assistance of a property administration organization, and spare cash over the long haul, to deal with property issues and repair

august / september 2015 issue

harms before they escape from you make as a component of control. that procedure. People, as humans, are repetitive individuals. Seldom does our enthusiasm for something arises and afterwards goes the long way. We likewise encounter a symptom called official weariness, where making troublesome choices and putting in heaps of mental exertion can really abandon us not able to keep using sound judgment. That’s one exceptionally normal reason that land financial specialists wind up with crappy property administrators. Putting resources into a bit of land if you’re doing it appropriately is a debilitating errand. You have several variables to pay consideration on, loads of math to do, and an immense piece of your monetary future riding on the adequacy of each choice

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It takes assorted types to make up this industry calling, so it’s vital to do your exploration before employing a property administration organization. Consider how proficient the individual/organization is. Do they seem legitimate and dependable? By what method will they handle circumstances when occupants don’t pay? Do they genuinely appear to be concerned and willing to deal with the property and care for it? At the point when corresponding with a property administration organization, make sure to note the nature of their client administration. This is a vital viewpoint since the proprietor/ landowner, and in addition the occupants, will be managing the organization routinely.

RENTING

Endeavor to discover an organization that is polite, mindful, responsive, brief, cordial and supportive. Get some information about their experience and ability. Figure out whether they have the right level of advancement for your properties being referred to. It is vital that the director, organization and their general business morals rise certainty and trust in you so youâ&#x20AC;&#x2122;re totally agreeable in appointing the property to them. Oversee Finances: Investors can get great returns gave that they stay inside of their financial plans. A property administration organization ought to have great cash administration and accounting abilities to help spending plan for the different costs that stick keeping up a building, repairs, charges and publicizing. Oversee Property Promotions: property administration organizations can publicize through daily papers, the Internet, and the sky is the limit from there, to discover suitable inhabitants for empty units. This procedure incorporates demonstrating the potential inhabitants around the property, getting and handling applications, screening and running credit checks, and picking the most qualified occupants. Likewise, the property administration organization ought to research the zone to guarantee a proper rate is being looked for rent. Getting a proprietor premium rentals for the minimum costs is one approach to truly boost their profits. Oversee Legal & Taxes: Lease understandings, leasing, building upkeep, and staying inside government and state regulations are all piece of the employment for a property administration organization. He or she will likewise deal with the paying of assessments and bills for the property. The director ought to have great legitimate information about property and occupancy laws for planning arrangement

papers, and the skill to incorporate suitable provisions and make proper lawful move against an occupant if any understandings are disregarded. Deal with Tenants: This includes everything from discovering inhabitants for the properties and confirming their experience to gathering lease and determining any inhabitant issues or objections that emerge now and again. It is the obligation of the property administration organization to guarantee that the units yield steady lease and that they keep up great associations with the occupants, while keeping up reliable and reasonable implementation of the guidelines and regulations. A decent property administration organization will rush to determine issues brought on by issue inhabitants and be firm in expelling them, if need be. Oversee Maintenance: property administration organizations help keep structures kept up and in great condition so it complies with nearby wellbeing regulations and security codes. This incorporates reacting to inhabitant solicitations for repairs and managing any crises. They plan customary support, for example, cleaning common areas and keeping up the grass and finishing, administration warming and cooling frameworks frequently, painting and electrical reviews. Administrators may acquire handymen, specialists and other administration merchants when required. Plan Reports: A great property administration organization will get ready all reports for the proprietor to help venture benefits and misfortunes. These may be done on a month to month or yearly premise or both. Whatâ&#x20AC;&#x2122;s more, a director ought to plan asset reports to record points of interest of pay and costs, and keep up a following arrangement of incidental budgetary records.

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RENTING

Who Are Lifestyle Renters?

For the most part in urban regions and occupied metro areas, another and strange demographic is moving in. They’re grabbing up extravagance facilities, and they’re picking upscale rentals with condominium like comforts. This new leaseholder is known as a way of lifestyle renter, they realize what they need, and they’re not hesitant

august / september 2015 issue

to pay for it. They’re in charge of an extraordinary change in the rental business, which is seeing soaring interest for halfway found lofts, and are without any assistance rethinking the idea of leasing.

Who Are They?

Most way of lifestyle renters are entrenched experts. Sixty-nine percent are either single or wedded couples with no youngsters under

age 19 percent are 25 or more seasoned; the average age is 40. One of the things that makes this demographic so momentous, is that these leaseholders appreciate leasing. The way of life and freedom that leasing empowers them to have is the persuading component behind their choice to lease. These tenants have enough cash to purchase a house, and may have even possessed

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RENTING

one however to them; you can’t put a cost on accommodation, and the advance of having a loft that’s upkeep free. They admire the adaptability, comfort, and way of life that leasing manages, and think of it as a perfect bother free distinct option for homeownership.

What Are They Opting For? More or less, lifestyle renters need accommodation and administration. They buckle down, and need to make the most of their downtime. They don’t need to be spending their uncommon three-day weekend cutting yards and doing upkeep. Leasing permits them to have the kind of way of life they appreciate, and they’re searching for lofts and units that offer the experience of resort style living. A large portion of these leaseholders lead amazingly occupied lives. They’re crunched for time, and it’s one of their most profitable items. If you need to cater to this group, don’t waste their time, and rather offer them efficient luxuries that will make life less demanding. Give attendant services that can deal with everything from cleaning, to orchestrating vehicle upkeep. In-room cleaning administrations and valet stopping are likewise refreshing administrations. Lifestyle renters appreciate life. They may travel much of the time, and frequently should have the capacity to pack up and leave without much notice. The exact opposite thing they need is a house to stress over while they’re away. Leasing is likewise perfect for experts with occupations that

may exchange them much of the time. This gathering of tenants is searching for very much outfitted condo with an upscale treatment. Granite or marble ledges, hardwood flooring all throughout, and stainless steel appliances are very appealing elements that engages this demographic. They’re searching for a feeling of immortal style and quality. Utilitarian and helpful contraptions like high-end coffee makers or juicers are extraordinary increases. So are ample space in storerooms, whirlpool Jacuzzis, and private balconies with city scenes. Extra luxuries that these leaseholders acknowledge incorporate resort-style spas and wellness clubs complete with fitness coaches. Once more, since these comforts are situated on location, it spares a lot of time and keeps the need to navigate crosswise over town for a workout. Fullbenefit eateries and a completely prepared business focus would likewise be alluring pleasantries. Direct room access to elevators is another reward. Lifestyle renters have had colossal impact on the rental market, and are in charge of the surging interest for extravagance lodging and their impact just keeps on growing. For a long time unit leaseholders were seen as peons with no budgetary capacity to purchase. Today that situation is changing, and evolving quickly. So as to comprehend why, how about we inspect drifts in America all in all.

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RENTING

These individuals have more superfluous salary than different gatherings, which permits them more opportunity; more flexibility which permits more travel and recreation time; more enthusiasm for seeking after progressing instruction and enhancing their psyches; need and hope to be pandered to; have possessed a house and are sick of the upkeep; had preferably skied on snow than shoveled it; had preferably outing on the grass than cut it; need to put astutely in arrangement for the “brilliant years.”; need to utilize their remaining years extending their points of view; are worried about security for themselves and their belonging; will incline toward “casings.” Unless a fun or an essential reason comes up to be out, they will stay at home additionally, requesting necessities, endowments and administrations through technology. This leaseholder expects an upscale unit with subtle elements like appended carports, restricted access fencing and doors, caution frameworks and profoundly expert administration. The unit itself will need to rival a house in outline and extravagance. Redesigned floor covering and gadgets, crown molding, wood blazing chimneys with mantles and eat in kitchens will be the standard as opposed to the typical. So where that leave does today’s condo engineer? Meeting every one of these goals will be costly to assemble as well as to keep up. There is some uplifting news. The fragment of the business sector willing to pay a premium for this way of life is developing and encountering a recharged interest and thankfulness for leasing their home. TPIN

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JUMBO LOANS WITH 10% DOWN

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Loan Amounts up to $3 Million! * No monthly PMI Fixed-rate and ARM options are available Eligible for primary, secondary and investment properties Name: Eric Lawrence Frazier MBA Website: www.ericfrazier.com E-mail: eric.frazier@ericfrazier.com Skype: frazier.eric Mobile: 714-475-8629 O: 800-261-1634 x 703 F: 800-261-1634

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YOU

Be a

Better Human

in Todayâ&#x20AC;&#x2122;s App Centered World

In the digital age off applications, or apps, people are continually sucked into the power of technology. Some would say that people are losing their abilities to communicate, be productive, and think for themselves. In short, being a better human can be tough in this day and age. Here we have assembled ways that an individual can retain those humanistic qualities and still utilize technology. Be Technologically Savvy

around in the cloud and the programs in your computer, then you will prove that you can You need to be able to use the technology survive and retain your humanity in the app that is at your disposal. This seems simple; centered world. however, there are some that continually need assistance from others to complete Use Technology to Your Advantage the simplest of tasks on a computer or smartphone. If you are having trouble with Technology is simply a tool to make life an app or a device, then research. Search easier. While sometimes it may seem that all engines are at your disposal, or if you insist, of your apps are creating mayhem instead as are print sources. of helping, you simply need to think of how Reading up on how to use Microsoft Word you could be more productive with the tools or Powerpoint will allow you to be less of of apps. a nuisance to others in your workspace or even at home that continually help you. For example, there are apps available If you learn how to use the apps floating for desktops as well as smartphones for

august / september 2015 issue

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YOU

budgeting. If you own a small business or simply want a rigid household budget, then this will be the tool for you. Once you decide which app you like the best, then you can customize your budget and allow the built in software to do the math. You save time, allowing you to spend more time doing what you and to do and being the person that you want to be. Instead of spending all day writing out a budget, now you are spending it throwing a ball with the dog. Being productive with technology will allow more work to get done on time. You will be able to increase your output, impressing the boss at work. Get Off of the Phone Apps today range from productive and helpful to fun and addictive. Being able to put your smartphone down and have a conversation with someone or take notes on a piece of paper is vital to giving off the impression of being both technologically savvy and hardworking. Even if you are utilizing your phone for work purposes, staring at a smartphone still has the connotation of procrastination and laziness in the work place unless you are making business calls. So, if you want to be a better human, then put down the phone for an hour. Get your work done; spend time with your family; and know when it is appropriate to have your phone out and when it needs to be put away.

Make a Phone Call In this world where people are constantly texting or emailing, sometimes a phone call can make all the difference. Hearing someoneâ&#x20AC;&#x2122;s voice is a more personal method of communication, and it is much faster than emails. Information can be transmitted more quickly and more efficiently than ever through a simple call. Apps and other technologies have made this idea of a phone call even better with Skype or Zoom. A video call can add even more humanity through this app. You can see the other personâ&#x20AC;&#x2122;s facial expressions, mannerisms, and body language, which is the key to truly see what the person is talking about. An email or a text does not convey the same tone, and certain points can be missed or misinterpreted. Therefore, through apps like Skype you can be a better human in the app centered world. Moderation is King The key to utilizing apps and other technologies is to use them in moderation. There must be a balance in your life, and because of this, there must be time that you spend off of the smartphone. While it may be tempting to become enraptured by technology or to simply swat it away, striking the middle ground will gain the user the most benefits or utilizing technology and being a better human. TPIN

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MORTGAGE

Mortgage Fast Track: SINDEO Sindeo is an advanced home loan commercial center that helps individuals plan and shop for the comfortable in an all the more opportune, aggressive and straightforward way According to Nick Stamos, CEO and Founder of Sindeo, almost all aspects of the land procedure have been changed by innovation with the exception of home financing. Getting a home loan is still manual, baffling and befuddling. Sindeo gives open access to data so individuals can research, shop, qualify and close their credit, all in one spot. Sindeo utilizes innovation to streamline the home loan procedure, associate individuals with the right banks and enhance the level of administration for shoppers and their operators. Not at all like banks or handles, Sindeo’s full-benefit, are neighborhood contract counselors paid on

august / september 2015 issue

consumer loyalty as opposed to a variable commission, guaranteeing customers get stunning administration and master counsel without included expense. The mortgage procedure doesn’t need to be troublesome; Sindeo helps individuals at each phase of their home inquiry so they can settle on shrewd choices with their present and future monetary objectives as a primary concern. With this accomplished authority group, we’re constructing the cutting edge contract commercial center to better serve purchasers, land stars and home loan experts. Sindeo’s advanced mortgage commercial center gives borrowers mastered, unprejudiced guidance and helps them locate the right loan at the right time. Graphing another way for the home loan industry, Sindeo utilizes

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innovation to streamline the home loan procedure, unite individuals with the right banks and give unparalleled direction from its full-benefit, neighborhood contract consultants. Sindeo is attempting to bring the home loan financier business into the future, making another online administration that spotlights on helping shoppers explore the frequently confounding home loan process from beginning to end. A long-standing grievance about home loan agents is that they are regularly just worried about the present exchange as opposed to taking a gander at a customer’s aggregate money related picture. In any case, Sindeo is embarking to change that. The objective is to convey more prominent straightforwardness to the home loan shopping procedure.

MORTGAGE

“On approaching Sindeo, they’re going to have the greater part of the data they need, they’re going to have entry to all the diverse items and energizing their further venture into the US advertises. projects, they’re going to have an awesome administration involvement in choosing and Sindeo is a standout amongst the most shutting on the credit”, Stamos said. Stamos said he was encouraged to make Sindeo, which signifies “interface” in Greek, in the wake of petitioning a home advance in 2010. He contended that home loan keeping money still falls behind other monetary administrations parts regarding the matter of utilizing innovation. The online application procedure functions admirably for simple home loans, where [mortgage] dealers have constantly included quality. One noteworthy change Sindeo has made is paying the home loan deals staff — called “home loan consultants,” not “advance officers” — on a compensation premise, with a reward for consumer loyalty, instead of getting a cut of the credit. Such a structure uproots any motivating force for directing a buyer to a specific moneylender or item. Sindeo is by all account not the only innovation centered merchant it is working with, however Sindeo has constructed its stage in a speedy way and its business is developing. Nowadays, innovation is the key. It makes things simpler, speedier, makes things less demanding for the purchaser without a doubt. This present episode of financing isn’t a long way behind a past nearly $1.6 million seed round, bringing the aggregate sum raised by Sindeo to $6.6 million. Essentially, the financing is utilized to furnish clients with the best possible direction, data, and apparatuses to locate the right home loan bank while

encouraging players in the budgetary innovation space in light of the fact that it has amassed an exceptionally gifted group to impel the development and advancement of its bleeding edge contract commercial center. Since 2013 Sindeo has effectively developed their San Francisco operations to more than 40 workers. To the team, this financing is an urgent going stone on their voyage to give diverse approaches to arrange, shop, and secure home loans on a bigger scale. Sindeo, a current home loan commercial center, is making its next enormous stride in the lodging business since its establishing in 2013. It gives open access to data so individuals can research, shop, qualify and close their credit, all in one spot. Sindeo is the first cutting edge home loan commercial center that really helps individuals settle on educated choices around getting a home loan, and at last helps them shop, qualify and close their credit. Despite the fact that Sindeo has an online stage, Stamos said he would stretch that there is an individual component and a relationship component.

“I wouldn’t position us an online mortgage organization,” he said. “While we give online instruments, we will connect with customers in the way they need to draw in with us. We will be nearby and in business on the off chance that they need somebody to sit with them through the procedure.”

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MORTGAGE

Reverse Mortgage

Issues

everse mortgages sound like a dream when you see an advertisement on television. The cheerful senior citizens and debtfree smiles tempt you into thinking that a reverse mortgage is a brilliant idea. The idea seems simple: if you are over the age of sixty-two, then you qualify for a special home loan. This loan allows the senior to receive payments from the lender every month as opposed to paying mortgage payments to the lender. By going through the reverse mortgage process, the elderly in need of money can cash in on their home equity (Blatt, “What Is a Reverse Mortgage”).

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Unfortunately, the reverse mortgage comes with a host of issues. For one, the reverse mortgage only applies if there are no tenants in the home. The problem here is that the word “tenant” covers all people in the household that are not qualified for the reverse mortgage. Therefore, any children, grandchildren, or other people living in the home must be evicted immediately or risk having to pay back the mortgage (Blatt, “What Is a Reverse Mortgage”). Another issue with reverse mortgages is the idea that the elder must live in his or her home with the reverse mortgage. This tends to work out well until the senior needs to be moved to an assisted living center or to nursing home care. When that time comes, the reverse mortgage would expire. The mortgage would be due for the elderly homeowner along with any current assisted living or expensive nursing care bills. These coupled together leaves seniors in

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MORTGAGE

America homeless or with their families that are not equipped well enough to care for the senior (Rosenblatt, “The Hidden Truths…”). The families of seniors are in financial danger as well. When an elder takes out a reverse mortgage, then the family is unknowingly signed on as well. If the senior dies while still on the reverse mortgage, then the family is expected to pay the rest of the mortgage. When the family cannot make the payments, then the home is foreclosed by the lender and flipped for a nice profit. By doing this the family is out of a home that they might have used as inheritance or kept simply for sentimental reasons (Huffman, “Reverse Mortgage Risks…”). Defaulting on the loan is a very real issue with reverse mortgages. If at any time the elderly man or woman does not pay his or her property taxes, then the reverse mortgage will instantly default, leaving the senior with not many options. The problem here is that many of the elderly become forgetful in their old age, which causes a missed payment or two. There are no second chances with a reverse mortgage, because if you miss one payment on property taxes, then the reverse mortgage fails, and you have to pay back all of the money (Huffman, “Reverse Mortgage Risks…”). The money that a senior gets from the lender is also very limited. One will not truly know if the money given for the reverse mortgage will be enough to sustain the elder through his or her life. After all, simply the cost of living increase in America will cause problems for sustaining

an elder on such a fixed budget (Rosenblatt, “The Hidden Truths…”). If a senior borrows $100,000, for example, the money may not be enough to get him or her through life. To make matters worse, many of the elderly have fallen into confusion by time they need of reverse mortgage cash assistance. The early stages of dementia or simply confusion do not allow seniors to properly think through the positive and negatives of a reverse mortgage. They simply see the happy, glorified commercials from lenders about reverse mortgages, and in one phone call the senior is held mercilessly in the reverse mortgage. This program that was originally intended to be of great help has turned into a scam that plagues seniors as well as their immediate family members. It raises the question of how far lenders are willing to go for the money of the American elderly (Rosenblatt, “The Hidden Truths…”). There were almost 49,194 reverse mortgages in the U.S. in 2014 alone (“Reverse mortgage information…”), meaning that in the next ten to fifteen years the country will be seeing a higher rate of struggling or homeless elders. Even if there is only a small percentage of the 49,194 elderly that default on their reverse mortgage, there will be little to no relief for them besides what their families can muster. Keep the senior citizens away from reverse mortgages so that we can keep more of the elderly in their homes and financially stable. TPIN

References: 1. Huffman, M. (2015, June 16). Reverse Mortgage Risks & Reform. Retrieved July 26, 2015. 2. Reverse Mortgage information and resources. (2014). Retrieved July 26, 2015. 3. Rosenblatt, C. (2015, July 23). The Hidden Truths About Reverse Mortgages. Retrieved July 26, 2015. 4. What is a Reverse Mortgage. (2015). Retrieved July 26, 2015.

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LEADERSHIP SPOTLIGHT

Tom Tait

The Mayor of Anaheim, California Tom Tait currently holds the Mayorâ&#x20AC;&#x2122;s position in Anaheim, California. In November 2010, he was officially elected to the post and assumed office from the 8th of December, 2010. Alma Mater: Education Life Mayor Tom Tait earned his Bachelor of Science (B. Sc) degree from the University of Wyoming in Laramie, Wyoming and then went forward to receive his Masters in Business Administration (M. B. A.) degree from the Vanderbilt University, Nashville, Tennessee with a considerate concentration and density in the Finance sector, post to which he went on to earn a degree of Juris Doctorate in the year 1985 from the Vanderbilt University itself. Career Tait brings with him vast knowledge and experience to the city. He has worked on a wide variety of committees and organizations including the Anaheim Budget Advisory Commission and the Anaheim Planning Commission and has also held membership of the Anaheim Community Block Grant Foundation and representation on behalf of Anaheim on board of the Metropolitan

Water District of Southern California. He has displayed constant enthusiasm and activity in the community and has served as a member of the Salvation Army - Adult Rehabilitation Centre, an organization that aims at providing men and women spiritual, emotional and social assistance and care who have lost the ability to provide for themselves and support for living; and the Anaheim Family YMCA, an organization dedicated solely to improvement of youth development, good and healthy living and social responsibility. In addition to this, Mayor Tom Tait has also served on the Board of Disney Goals and the Directors of the Anaheim Boys and Girls Club. In the year 1995, he was selected on the Anaheim City Council for a vacant position and for the completion of term which was yet to be expired. As reported, this appointment was a unanimously favored vote of 4 - 0. In the year 1996, he once again won the election courtesy the voters. This term for a complete time frame of four years and in 2000, he was subsequently re - elected. This time however, he had to face no challenge.

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LEADERSHIP SPOTLIGHT

2002 to 2003 witnessed Tom’s election to the post of the Mayor Pro Tem; and later in 2010, he was elected as the Mayor of the city. Tom Tait’s experience and understanding in the sectors of the community and the local government are even more rewarding due to his knowledge of the business world. Bringing this factor into common welfare and use, Mayor Tom Tait also serves as the President of Tait & Associates, Inc. Established in the year 1964; the organization is a family owned group offering civil engineering, architectural as well as environmental consulting options to their clients. Spread throughout the western portion of the United States, TAIT provides various significant solutions in land development, improvement and engineering. The consultancy firm’s mission is to work towards a better future by offering innovative services and solutions for generations to come. In regards to their thorough excellence, outstanding dedication and committed attention to detail, the firm has gained recognition in the Top 500 Design Firms in the Engineering News Record (ENR) and in the Top 200 Environmental Firms. Under the presidency of Mayor Tom Tait, the firm TAIT has served and provided assistance to thousands of clients in designing and building a diverse variety of residential communities, retail shopping complexes and centers, medical clinics, hospitals and other such vital facilities. The firm that has successfully advanced its entirety in the west part of the United States houses a professional staff of more than 120 employees who are all overseen by Mayor Tom Tait. Mayor Tom Tait is responsible for presiding over a wide variety of departments in the city of Anaheim, California including safety and

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security; educational opportunities for all; equal housing options irrespective of caste, color or race and convenient modes of transportations for the citizens. In addition to all these aspects, Mayor Tom Tait holds considerate power as the head of the Anaheim community, influencing and overseeing different operational activities, holding meetings with different dignitaries and the visiting associates as well as making appearances at numerous city based events, functions and ceremonies. He is in charge of maintaining peace and promising safety to the inhabitants of Anaheim and along with it ensure fast reduction and ultimate elimination of all types of crimes within the city. He is responsible for overseeing the day to day activities of different goals of operations and long - term planning task forces. As the Mayor, he recommends the best practices and actions to the City Council and addresses Anaheim on the city’s future modernization and outlook. Presently, he also serves as an active member at the California State Bar. Mayor Tom Tait and his spouse, Julie, have four children. Anaheim, California has been their residence for more than 25 years now. TPIN

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Are there Any Regulations to Protect the Rights of Widowed Homeowners?

ne may think that the passing away of oneâ&#x20AC;&#x2122;s spouse is the worst that could happen to the left behind surviving widow and the family. But that is not true. It is just the beginning of the trauma that the family has to go through in order to continue living in their own house. There are not many regulations that protect the rights of the widowed homeowners. Some states

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might be more active than others in terms of fighting for the cause and might have some state particular laws but not all the states have the same regulations. But there are people like Susan Talamantes Eggman, who know the hardships that people have to go through during the probate process and as humanitarian as they may be, introduce new regulations in order to ease the hardships

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on the surviving family. Susan Talamantes Eggman, an assembly member, introduced a legislation that would grant the widowed homeowners same legal protections as the ones granted to homeowners. There are some regulations in place for the surviving spouses regarding the management of the deceased spouseâ&#x20AC;&#x2122;s real estate. A widow is usually considered a representative

REAL ESTATE LEGAL

of the deceased spouse unless someone else’s name is mentioned in the will to be the executor. The testator’s last wishes are honored and thus a will is an important document for the court and it takes priority over all relations. But if there is no will, the widow will automatically be named the representative of the deceased. If the surviving spouse wants to take care of the estate, they have all the right to, given there is no will. The law also recognizes that the surviving spouse has greater authority over the estate’s distribution. It is often named as the personal representative priority policy. Widowed homeowners also have the homestead exemption in their favor. The homestead exemption’s main purpose is to prevent the forced sale of the home where the surviving spouse lives, to meet the cash requirements of the creditors. In other words, homestead exemption provides a safe shelter to the widow and the family. But, homestead can be claimed on only one residence, i.e., the primary residence where the surviving widow lives. The surviving spouse also has greater right in the interim distributions. The widow is entitled to interim distributions so as they do not have to suffer the financial difficulties after the death of their spouse. They do not always have to wait till the end of the legal process or the probate process. But others in line, like children and relatives will have to wait till the end of the probate period to receive any inheritance. The surviving widow also has immediate inheritance of the community property. All community property assets are the assets of both the spouses together. Thus, the widow is automatically entitled to all community assets unless the deceased spouse mentioned for his 50% share to go to someone other than the surviving spouse.

Assembly member Eggman introduced a bill, AB 244, wherein the surviving spouse and other family members who have a legal right to the property, have all the protections originally afforded to the homeowners. Eggman brought in this change because of the fact that more often than not, the surviving spouse has caught themselves in a Catch 22 situation if they seek modification of loan. It is common that only one household person is listed on a particular mortgage and if the surviving spouse wants to modify or extend a loan, the creditors hold that they are unable to modify the loan until they take the mortgage on their own name but at the same time, they would also not let the surviving spouse assume the mortgage until they have proof that they can afford it. This results in default on the part of the widow since they cannot afford the mortgage without modifying the loan and ends up in foreclosures. Eggman believes that the widow and the immediate family have already gone through a mental trauma by losing one of their own people and that they should not be made to go through such legal matters. This is when Susan Talamantes Eggman, an assembly member, introduced a legislation that would grant the widowed homeowners same legal protections as the ones granted to homeowners. These regulations are not the end and should not be limited to what there is, they need to be continuously evolved depending on the society norms. Society needs more people like Eggman and we need more regulations in place for the widow. They have already lost their person; there should be no need for them to lose their home as well. These regulations should suffice for now and hopefully they will ease the hardships of the widow a little at least.

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& E DESIGN

Trending Design Building Ideas verybody likes to be savvy, and the most recent patterns in outline can help recognize one home from another. Also, it’s not all glimmer; numerous new home trends are equipped to pare upkeep and vitality utilize and convey data quicker. Here’s a glance at what’s trending.

Open Spaces An open floor arrangement may feel like old news, however it’s turning into a wish past the youthful fashionable person demographic. After the kitchen turned into the home’s center point, the following step was to evacuate all dividers for more noteworthy fellowship. It suggests going above and beyond and adding windows to better merge inside and outside is a great idea.

Off-the-Rack Arrangement Buyers who would prefer not to invest energy or cash for a custom house have another alternative. House arrangement organizations offer heap outlines to adjust for site, code, spending plan, and atmosphere conditions. There are bunches of organizations to consider, yet the best wagers are ones that are upgrading formats throughout today’s lists of things to get open-arrangement living, numerous expert suites, more noteworthy vitality proficiency, and littler foot shaped impressions for downsizers. Numerous manufacturers will acknowledge these outcasts’ arrangements; however they may charge to adjust them.

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DESIGN

Detached Tubs

Charging Stations

They may invoke pictures of Victorian-period extravagance; however the most current emphasis demonstrates a cool sculptural hand. One admonition: some may think that it difficult to move in and out. These tubs supplement other bathroom patterns: open divider specialties and single wash bowls, since two individuals infrequently utilize the room at the same time.

With the span of electronic gadgets contracting and the multiplication of Wi-Fi, interest for vast work areas and separate home office is melting away. Notwithstanding, property holders still need a committed space for charging gadgets, and the most mainstream areas are an edge of a kitchen, passage from the garage, and the den or family room.

Chimneys and Fire Pits Seeing a fire, genuine or fake, evokes a sign of warmth, sentiment, and harmony. New forms available make this luxury more open with smaller configuration and less venting concerns. This year the most recent emphasis is on this excellent: chic, which currently tackles the modest wood stove.

Health Framework

Ceramic Floors In case youâ&#x20AC;&#x2122;re going to run with laminate wood, opt for ceramic. Itâ&#x20AC;&#x2122;s less extravagant and wears better than the genuine article. Ceramic can be found in customary little tiles or long, direct boards. Itâ&#x20AC;&#x2122;s likewise accessible in various hues and surfaces, including prominent one-shading combos with slight varieties for a clue of separation. Great spots to utilize this material are high-movement rooms, corridors, and areas presented to dampness.

Developers are presently tending to ecological and wellbeing concerns with all encompassing arrangements, for example, heat recuperation ventilation frameworks that channel air ceaselessly and utilize little vitality. Other better approaches to enhance restorative effect incorporate lighting frameworks that use daylight, swimming pools that shun chlorine and salt by including a second nearby pool with plants and rock that purge water, and palatable patio nurseries featuring fixings, for instance, wavy blue kale.

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DESIGN

Shades of White Kitchens Keyless Entry No major ordeal as developers begin to change to biometric unique mark entryway locks with numerical calculations entered in a database. A few frameworks allow property holders to track who entered and when.

Water Protection The concerns of dry season attacked California is spreading across the country. Mortgage holders can now buy water gathering tanks and storages, gray water frameworks; climate controlled watering stations, penetrable pavers, dry season tolerant plants, and no- or low-cut grasses.

Salon-Style Dividers As opposed to showing a couple of unmistakable pieces on a divider, the salonstyle pattern components meets expectations from floor to roof and one end to the other. Think Parisian salon when the new century rolled over.

In spite of the considerable number of varieties in hues and compositions for kitchen counters, backsplashes, cupboards, and ground surface, the all-white kitchen still gets the metal ring. What’s distinctive now is that every single white does not mean the same white, since varieties include profundity and visual claim. White can go from stark white to smooth and past to light blue-dark. Also, when cupboards are white, property holders can pick greater, bolder equipment.

Outdoor Living Enthusiasm for investing energy outside continues mushrooming, including open air showers adjoining pools and hot tubs alongside betterprepared rooftop decks for urban occupants. Likewise hope to see enhancements in advantages for pets, for example, private canine runs and wash stations.

Copper The 2015 “it” metal is copper, which can ooze modern warmth in huge swaths or prudently in a couple backsplash tiles, hanging apparatus, or pots dangling from a rack. The claim originates from the ubiquity of modern chic.

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While it’s great to be up to date with the most recent patterns, it’s likewise astute to put what’s freshest in context for your customers. Advise them that a definitive choice to upgrade ought to depend on their needs and spending plans, not stargazers’ enticing forecasts.

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DESIGN

GARDEN DESIGNS

ith the increasing urban population in the metropolitan cities, there is an ever decreasing space in the city for nature. All houses seem to be surrounded by more concrete than greenery. But once in a while, you start disliking your surroundings for the reason that you can feel no peace while looking out your window or balcony. Because all there is to look at are buildings. So, why not create a small garden where ever you live? The larger the better though. You will feel more relaxed just looking at your beautiful garden. It is a great way to do your part in reducing the carbon footprint. Having a backyard garden can reduce the carbon emissions. Below you will find some beautiful ideas to help you create your beautiful garden.

on the fence, creating a dramatic backdrop. You can just paint it yourself or buy softwood black stained fence.

RAISED BEDS A large planting box serves as a problem solver for raised green beds. Turning your backyard garden into a farm is a great way to use up the space, and save some money on your groceries. Feel free to put up bird netting to keep your crops safe from the birds. Also, an addition of hardware cloth just before adding the planation soil, keep the pests away. You can also paint the raised bed frame to your color choice to bring a little more charm to your little farm.

HEDGES

BLACK FENCES

Hedges, often called a living fence, are an important part of any day garden ideas. Europeans have Black colored fencing is a great backdrop for the used them for ages and the trend is not moving greenery of your garden and all the beautifully on to America as well. Hedges are a great way colored flowers that spring up there. You can train to define and enclose your estate or block views. flowers like Star Jasmine or Bougainvillea to grow The use of a green fence is a great way to ensure

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REAL ESTATE DESIGN

f privacy, all the while creating the illusion of more space. One can also use ornamental grasses like â&#x20AC;&#x201C; Cordgrass, Maiden grass, Ravenna grass etc. to create a soft and soothing effect while creating a definite divide between public and private.

WINDOW BOXES

Window boxes are miniature gardens in themselves. You can put grow colorful flowers or foliage in your boxes. They provide extra gardening space and look beautiful being hung from the windows. A simple rule to make window boxes beautiful is to add a thriller, filler and a spiller. Thriller should be something tall and something bold, filler is to add fullness to the box, so colored small flowers like caladium is good and a spiller is the one that would trail on the sides of the box like petunias maybe.

PATHWAY

A circular brick path that leads to nowhere is a great addition to the garden. You can line the pathway sides with your favorite flowers or ornamental grass. A curving walkway made out of cobblestone looks straight out of medieval times. It can also be surrounded by hedge.

ARCHES AND PERGOLAS

Every garden needs a vertical element, in the form of mature

trees or an arch or pergola. So if there are no big trees around your garden, an arch or a pergola would look great. Flowers and foliage can be trained to climb on the arch or it can be disguised by growing trail flowers. Arches with plants and flowers make for great garden centerpieces and are very appealing. To add a little more to it, place a swing or a bench beneath the arch and it would feel like a place away from home.

BAMBOO ACCESSORIES

Bamboo is an expensive and a steady accessory to add to your garden frame. Bamboo can be used to create canopies or plant shades. Flowers and plants can be trained to climb these canopies and makes up for a great visual treat. Cloches are a great addition to any garden as they keep away the birds and pets from destroying your beautiful flowers and plants.

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EDIBLES

It is very easy to set up a small kitchen garden on your patio. Growing edible micro plants like basil, coriander, sage, artichokes etc. are a great idea to replace outside farm-to-table to oneâ&#x20AC;&#x2122;s own farm-to-table. You can also plant something fragrant and colorful like purple magic basil to give a little color to your little kitchen farm. Also, you can add edible flowers like lavender or bicolored pansies etc. These are just a few design ideas for your own piece of heaven in your yard. Gardening is all about greenery and colorful florals. Play around with the colors and ornamental grass, depending on the season. You can even color coordinate your garden depending on the color of your house. So, go create your hideaway niche in your backyard along with reducing the carbon footprint.

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TECHNOLOGY

Tech-Savvy Real Estate Agent

ou don’t need to be told that the 21st century is the age of technology: each moment of our lives involves technology in one form or another; every step we take, we are introduced to a new form of technology – a new app, perhaps, or maybe the latest cellphone. Technology has a number of facets, all of which, when used effectively, can help one achieve their full potential.

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Now, this stands true for real estate agents as well. The fact that the popularity of real estate agents is diminishing is something that can’t be ignored: several reasons, including marginal real estate agents causing real estate’s reputation to flounder, have been cited. Whatever the reasons, the fact remains that measures to rectify this have to be adopted. And technology, having the kind of power that it does, is one of the tools that can not only help a real estate agent’s career pick up pace, but also help spread the word about the real estate market and business.

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TECHNOLOGY

Technological tools have, of course, found their way into the real estate business, but they do not seem to have fared well: real estate agents still prefer to work the same way they used to before, with roughly 3 of 10 people surveyed claiming that their businesses were just fine without using these tools, thank you very much. This attitude may have its pros – and definitely does – but let me tell you something: more and more people are involved with technology and making extensive use of it in their everyday lives, and if you think you’re doing just fine now, without all the tools, imagine how much better off you’ll be with them! Moreover, the more technology you use, the more connected you are with your clients, and really, is that such a bad thing, especially for a real estate agent whose career depends on just that one thing – their relationships with their clients? When surveyed upon tools that they were most likely to use, and vice-versa, real estate agents claimed that, of all the technological tools available, they would be least likely to use customer relationship manager (CRM) and lead generation tools. That is slightly funny were you to think about it, because what better way to connect with your clients and generate leads about buyers and sellers in your area than tools that help you do that! Not only does this provide a great platform for you to manage your leads and your clients, it also helps you stay more organized therefore. And while you, as the real estate agent, have a means of keeping tab on prospective clients, they too have a way of knowing where they stand. CRM will also help you grow and manage your business to the extent that one not only attracts clients, but also manages proceedings in a manner that can only be efficient and organized, garnering a reputation in the

process that establishes you as a real estate agent who is not only dead organized, but is also timely and worth the time and money. CRM is a wonderful tool: it helps you stay updated, and that is its simplest, yet most important task. For example, a previously disinterested client might decide to join the bandwagon again in search of a new home after, say, a time period of 6 months. If you happen to be an agent who uses the CRM tool extensively, you will come to know about this prospective client’s renewed interest and activity. It is curious that so many real estate agents seem averse to using technological tools to promote their business. It makes one come to the conclusion that the reason why this seems to be the case is that most do not know how to work the platform in such a manner as to make the best of it. One must be aware of clients’ activities, their updates, and pay attention to even the tiniest detail they might provide. Most importantly, one must use the platform on a regular basis, so as to ensure that none of the important bits slip by. If you’re a firsttime user, you might find the system requiring a little effort to work, but don’t abandon it altogether: once you get a hang of it, CRM and lead generators can be your best pals. Of all the tools that technology provides, and of all those that can benefit real estate professionals, one of the most useful happens to be CRM and lead generating tools. As they say, you need to move with the times, and this is true for anybody who is a professional. A real estate agent being one of this category, it quite plainly applies to him too, and, if you were to ask me, any real estate agent who does not use some kind of an online platform is still far away from achieving his full potential as a real estate professional.

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TECHNOLOGY

HOW TECHNOLOGY ADVANCEMENT EQUATES TO MORE SALES The real estate business has battled in the previous five years, with a dreadful subsidence and housing air pocket undermining the business. In any case, new overviews indicate real estate workers are probably the most fulfilled in the nation and the new innovations preparing for their prosperity implies accomplishment for anybody hoping to lease, purchase, or offer real estate. Innovation makes a chance to carry out being a real estate agent and even simpler lately. There is even more of a chance now than any time in recent memory before in all of history to make your business a major business. There’s an interest for specialists to convey wealthier and wealthier sight and sound encounters regarding the matter of presentation of a property. At the point when a

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specialist goes into a posting presentation with somebody needing to offer a home that agents need to show they can advertise the home intensely on the web. And in case they cannot, it’s a vast gap.

approach to use innovation in their professions. The real estate business is turning into this cutting edge field, and it hasn’t seen that route for some time now.

The Cloud Technology

The Principal? Accessible Tools.

Though holes once existed in industry innovation, the cloud is presently changing the way we lease, purchase, and offer real estate. All the more particularly, two sorts of tech are turning out to be progressively vital. The adjustments in the industry have prompted open doors for an entire new era of real estate specialists. Real estate can be an engaging way in case you’re searching for an actually captivating approach to have a profession. This new breed is taking a view at the business and seeing an

Electronics like cell phones, PDAs, tablets, and other new innovations help agents to get to data at whatever time, anyplace. Since real estate specialists are always out and about, these gadgets help to drive deals quicker. Buyers are likewise utilizing portable devices to hunt down new homes at expanding rates. It is evaluated that three out of four homebuyers make the internet their first stop. Purchasers go online to group message forums, web journals and even Google Earth, which permits PC clients to get a bird’s-eye

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TECHNOLOGY

Expanded Search Adeptness

perspective of an area before reaching real estate agents. Another vital technology changing the diversion are devices for coordinated effort and sharing data rapidly, similar to big business programming. This innovation prompts speedier, cleaner exchanges between real estate agents and purchaser. At whatever point these two viewpoints line up in one item, that is when things get truly effective. Portable is the method for the future, and its helping specialists to track and access critical archives and data out and about, prompting cleaner exchanges with shoppers. Also, they’ve got a great deal to track: a huge number of contacts, evolving calendars, contracts and shutting archives, data on postings. At any given time, a specialists’ plate is obfuscated with a major, confused piece of information. Cloud-based applications are likewise driving the path for expanded productivity.

A couple of years back, the greatest crevice in real estate tech was scanning for postings on the web. Presently, the web postings pursuit is pervasive, and customers have the capacity to get to real estate postings more rapidly and with more focused on hunts than any other time in recent memory. Basically, cell phones have been the impetus for accelerating the whole real estate process. Shoppers have no deficiency of choices in terms of discovering homes nowadays. Applications like Realtor.com, Zillow, and Trulia help buyers begin the procedure considering a few homes, instead of filtering through huge amounts of stock. Applications like in the current style Real Estate: Focus Analytics accelerate choices by giving up-to-thesecond estimating and stock examination. Furthermore, Evernote and Dropbox mean records and data are traded in seconds, whenever, from wherever not at whatever point the specialists discovers an arbitrary spot to set up a tablet and interface with the web. Pinterest is the absolute best informal organization for driving activity to real estate sites. Do you utilize innovation while doing your posting presentations? If not, you’re passing up a major opportunity for an intriguing approach to inspire your

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customers. PowerPoint and Keynote make it simple to transform an iPad into a scaled down presentation screen. These instruments aren’t simply discretionary nowadays. They are a necessity to stay applicable in real estate throughout the following ten years. The Main Aspect? Availability Most specialists and shoppers have admittance to the greater part of this innovation. Indeed, there’s so much innovation accessible in real estate nowadays that it can be overpowering. The genuine test now confronting the business is getting these apparatuses to cooperate in a consistent manner for the customer. Real estate innovation is getting arrangements going all the more easily, making clients’ lives simpler and driving more business as referrals. Be that as it may, real estate is and dependably will be a people game. As the real estate business exploits today’s best innovations, its most noteworthy intention is conveying the data clients need, precisely when they require it—conveying agents closer to their customers and enhancing the real estate process in all.

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Tired of Your Timeshare Obligations?

timeshare contract is a coupling authoritative archive that must be broken if the agreement takes into account crossing out. Luckily for drive timeshare purchasers, most states oblige that timeshare contracts contain a proviso taking into consideration retraction inside of a predefined time bracket. Past that, the main legitimate approaches to end timeshare contracts include exchanging proprietorship, whether by offering, giving or doling it out. Finishing the agreement in a manner not permitted by law or the terms of the agreement is viewed as a break. Break of agreement uncovers the timeshare proprietor to lawful and budgetary implications. Rumor: I can get a splendid arrangement on a timeshare and go for get-away consistently! Besides, I can simply offer it in the event that I become weary of it. Reality: Timeshares are one of the greatest tricks available today. When you are stuck in one, you are stuck in a dark abyss. Think about this for a moment. Why would you pay thousands and a huge number of

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your well deserved dollars for a spot with insignificant square-footage that you may find the opportunity to visit for one week every year? Add to that the way that you have truly no value in the spot. Also, you need to pay additional continuous “upkeep charges.” Why the Excitement? Timeshares are one of the top dealers in the travel and accommodation industry. Thousands are accessible and a huge number of individuals “own” them. Be that as it may, that doesn’t mean timeshares are a smart thought. They are for the most part promoted and sold to individuals who truly can’t bear the cost of them. So on the off chance that you think you can manage the cost of it, you can’t. Regardless of the possibility that you truly think you can, your cash is in an ideal situation in a treat jug. Escaping From a Timeshare Have you discovered yourself stayed with a timeshare that you don’t utilize and would prefer not to continue paying

for? Individuals who are in the matter of offering timeshares are speedy to tell potential purchasers how extraordinary timeshare proprietorship can be and how basic it will be for you to dispose of a timeshare once you no more need it. Then again, the fact of the matter is that it can be truly hard to scratch off timeshare contracts. On the off chance that you need to escape from your timeshare possession, here are four arrangements that you can attempt: Drop amid the Rescission period. Most states have a rescission, or “cooling,” period amid which timeshare purchasers may wipe out their agreement and have their stores and whatever other installments returned. California has a seven-day rescission period - a purchaser can drop the agreement inside of seven days of getting the timeshare open report or marking the business contract, whichever is later. The purchaser needs just to furnish the engineer with composed notice by finishing a Notice of Cancelation Rights as indicated by the directions on the structure.

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The privilege of rescission is nonwaivable in California - that is, you can’t surrender it regardless of the possibility that you need to, regardless of whether you decide to utilize it. Offer the timeshare. It’s hard to offer a timeshare on the resale market; however low-valued interims at appeal resorts and destinations can in the end offer. Take a stab at offering your timeshare yourself by posting it on locales like eBay or Craigslist, or on a timeshareclassifieds site for deals by proprietors. Different alternatives are to show it through the designer, if the engineer handles resale, or through a timeshare resale specialist. Donate the timeshare. There are various associations that acknowledge deededtimeshare gifts. The associations offer the interims and afterward give the returns to one of their accomplice philanthropies or to philanthropy you determine. Since they offer the timeshares at absolute bottom costs, the entire procedure, from gift to shutting, can be as short as six to eight weeks. In examination, the normal resale can take numerous months, and even years, to offer.

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Exchange proprietorship to an outsider. Exchanges are known as “way out arrangements” - they get you out of your agreement rapidly. Be that as it may, the outsider won’t pay you for the timeshare. It’ll only take possession and assume control over the support installments and different charges. Considering that the expense of posting and promoting a resale timeshare can cost a huge number of dollars over the long haul, exchanging isn’t fundamentally a terrible choice in light of the fact that your risk for upkeep, evaluations and different charges closes very quickly. Tips If you financed your timeshare, the advance must be paid off before it will be acknowledged by a gift or exchange program. The contributor of a deeded timeshare may be charged an expense if the deed should be changed before possession is exchanged. A timeshare proprietor is in charge of making upkeep, evaluation and other obliged installments for whatever length of time that he possesses it.

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As you Venture out into the World of Real Estate

We can help you put the pieces together and Navigate you into Home Ownership

Making Clients for Life 3739 6th Street, Riverside, CA 92501 Office: (951) 686-5261 Fax: (951) 686-5264 www.fraziergroup realty.com

Frazier Group Realty is the right place. Our Navigators are available to give you personalized service and answer any questions you may have. You can call, email or visit us and we will be there ready to help you every step of the way. Whether you are a first time home buyer or an experienced real estate investor, here at Frazier Group Realty you gain useful information about how to choose the "right" property, and everything involved in making an informed decision in today's real estate market.

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THIRD VICE PRESIDENT christina.kimble@ocrealtist.org 800-790-0941 ext. 705

SECRETARY ann.annellis@gmail.com 626-864-4127

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Edilma Friesen

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La Toya James

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