The PIN Magazine July 2018

JULY 2018 Vol. 05 | Issue 5

Independence Day: A Day to Celebrate?

Real Estate Focus: Huntington Beach HUD Sued for Delays in the Anti-Segregation Rule

COME TO OUR

OPEN HOUSE THE POWER IS NOW REAL ESTATE SERVICES Real Estate Services Residential and Commercial Business Opportunities Land and Specialty Escrow Services Mortgage Services

SATURDAY, JULY 21, 2018 10:00 AM TO 1:00 PM

The Power Is Now Branch Office: 15330 Olympic Drive, Clearlake (707)461-4271

MEET OUR AGENTS & BROKER

April Harris CalDRE # 0198809 (800) 401-8994 X 717

Alexandra Trefry CalDRE # 01987453 (800) 401-8994 X 753

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Eric Frazier CalDRE # 01143484 (800) 401-8994 X 703

www.thepowerisnow.com

HOME SECURE DOWN PAYMENT ASSISTANCE PROGRAM

Thousands of people each year dream of becoming homeowners. The Home Secure Down Payment Assistance Program may help that dream become reality.

• This homebuyer assistance program currently provides low to- moderate income families and individuals with a 3.5% Grant* that does not have to be repaid. The grant can be used towards down payment or closing costs. If their income exceeds 115% of the HUD Area Median Income then a silent second loan will be made instead of a grant that can be forgiven if payments on the 1st mortgage are made on time for 3 years. *Grant approval is determine by many factors including your FICO Score. Minimum FICO score is 620. Silent second loan forgiveness subject to 3 years of on time payments and other program guidelines/ limitations.

• Many times this allows homebuyers to purchase a home much sooner than they thought possible. The Home Secure DPA Program is available for the purchase of an owner-occupied single, duplex, triplex or fourplex family residence, approved condominium, or planned unit development located in the state of California.

• The program is available for purchases of both new and existing homes and is NOT limited to first-time homebuyers.

Contact me for more information: ERIC LAWRENCE FRAZIER MBA CA BRE: 01143484 | NMLS 461807 The Power Is Now Inc. CalDRE: 1980407 | NMLS 1435243 Website: www.thepowerisnow.com Email: eric.frazier@thepowerisnow.com Mobile: (714) 361-2105 | Office: (800) 401-8994 ext. 703 The Power Is Now Mortgage Services is a Mortgage Brokerage licensed by the State of California Department of Real Estate (license #1980407) and the National Mortgage License System and Registry (license #1435243), and is a division of The Power Is Now Inc. (license # 01980407). The Power Is Now Inc. is not affiliated with any state or federal agency. The Power Is Now Real Estate Services is also licensed by the State of California Department of Real Estate (licensed #01980407), and is a division of The Power Is Now Inc. The Power Is Now Inc., is an equal housing lender.Our corporate office is located at 3739 6th Street Riverside, CA 92501. Our Telephone and Fax number is 800-401-8994. Eric Lawrence Frazier MBA, is a California licensed Loan Originator (NMLS license # 461807), and a licensed Real Estate Broker (CA Department of Real Estate license #01143484). Restrictions may apply to all loan programs. The Information and/or data is subject to change without notice. All loans are subject to credit approval. The information presented is not a commitment to lend or extend credit. Not all loans or products are available in all states. The Power Is Now Mortgage Services and Real Estate Services are A Division of The Power Is Now Inc., and are only licensed to conduct business in the State of California.

HAVE YOU READ OUR PAST ISSUES YET?

the power is now

magazine THE POWER IS NOW INC. Vol. 05 | Issue 4

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 Daniel Mungai Managing Editor (800) 401-8994 ext. 707 daniel.george@thepowerisnow.com Goldy Ponce Arratia Graphic Artist and Design Manager (800) 401-8994 ext. 711 goldy.ponce@thepowerisnow.com

CONTRIBUTORS The Power Is Now Research Team

The Power Is Now Magazine

July 2018

4

the power is now

magazine 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: Daniel Mungai ONLINE Web Designer: Design Box DESIGN Art Director & Design Manager: Goldy Ponce ADMINISTRATIVE Administrative Assistant: Bella Ballon

HEADQUARTERS 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.thepinmagazine.com PUBLICATION AND SERVICES 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 PIN Magazine™ is owned and published electronically by The Power Is Now, Inc. Copyright 2013-2018 The Power Is Now Inc. All rights reserved.

“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 www.thepinmagazine.com

5

the power is now

magazine

table of contents 24.

On the cover: London Nicole

Breed. Mayor elect for San Francisco

28.

Pasadena 2018: Real

estate focus

32.

Independence day: A

hypocrital day to celebrate American true racism

12.

Welcome to Ballywood -

The San Francisco Bay Area motion picture industry

16.

Los Angeles 2018 real

estate trends

20.

Real estate focus:

Huntington beach

The Power Is Now Magazine

36.

Real Estate Condition in

San Clemente

40.

San Francisco 2018: Real

Estate Trends

44.

the anti-segregation rule

52.

How to style up your

outdoors

56.

The importance of

working with a real estate agent

60.

Tips to keeping your

marketing campaigns legal

Discrimination against the

communities of color

48.

HUD sued for delays in

July 2018

6

Cash Rich but

Monthly Income Challenged Try Asset Depletion or ATR in Full Qualify with enough Liquid Assets to cover the loan balance!

NO MONTHLY INCOME REQUIREMENT! OR Use 100% of Liquid Assets to cover 7yrs or 84 Months of PITI & Liabilities!

• ATR/hability to repay in full • Borrower Does NOT have to be currently Employed • Purchase or C/O Refinance • Owner Occupied or Investment

ATR in Full | Asset Depletion • You Only Need to Show Two Months of Qualifying Account for ATR in Full • 75% max LTV • 600 min Fico

Call me for details: ERIC LAWRENCE FRAZIER MBA CalDRE: 01143484 | NMLS 461807 The Power Is Now Inc. CalBRE: 1980407 | NMLS 1435243 Website: www.thepowerisnow.com

Email: eric.frazier@thepowerisnow.com Video Chat: https://zoom.us/j/5443077305 Mobile: (714) 475-8629 Office: (800) 401-8994 ext. 703 Fax: (800) 401-8994

The Power Is Now Mortgage Services is a Mortgage Brokerage licensed by the State of California Department of Real Estate (license #1980407) and the National Mortgage License System and Registry (license #1435243), and is a division of The Power Is Now Inc. (license # 01980407). The Power Is Now Inc. is not affiliated with any state or federal agency. The Power Is Now Real Estate Services is also licensed by the State of California Department of Real Estate (licensed #01980407), and is a division of The Power Is Now Inc. The Power Is Now Inc., is an equal housing lender.Our corporate office is located at 3739 6th Street Riverside, CA 92501. Our Telephone and Fax number is 800-4018994. Eric Lawrence Frazier MBA, is a California licensed Loan Originator (NMLS license # 461807), and a licensed Real Estate Broker (CA Department of Real Estate license #01143484). Restrictions may apply to all loan programs. The Information and/or data is subject to change without notice. All loans are subject to credit approval. The information presented is not a commitment to lend or extend credit. Not all loans or products are available in all states. The Power Is Now Mortgage Services and Real Estate Services are A Division of The Power Is Now Inc., and are only licensed to conduct business in the State of California.

Editor’s Letter

T

o our esteemed readers July is finally here, and the heat is coming with it. We are full swing in the Summer season. Where does the time go? July remind us that

time waits for no one. We have six months and counting before we bring in a new year, again! We are literally counting down the year as of July 1. June was the month that African American’s commemorated our dark history as slaves during Juneteenth. I still can’t believe that there were African American’s in the South that didn’t know that the Emancipation proclamation made them free 2 years after the proclamation. June also reminds us to celebrate and mourn our fallen heroes of the past.

Heroes who fought many battles for this country’s freedom only to be recompensed by being hung on trees like strange fruit or beaten down and abused because they wanted to experience the freedom that America promised to all men. These African American heroes sacrificed all they had for their future generations to live a better life. Unfortunately, that future generation was betrayed and had to fight in the courts for every freedom that African American’s enjoy today.

July is the month we celebrate Independence Day but whose celebration is it really? We all know the history of freedom and independence for African American’s is the dark and ugly background to American Independence.

So, do we celebrate, or do we mourn for the lives and freedom lost from 1619 to 1865 and from 1865 to 1965.

1776 falls right in the middle of it all. If those dates are not familiar to you then it further solidifies my point.

Independence Day is not a day of celebration for African Americans. It is day of celebration for those who enslaved African American’s, but we will take the day off anyway and enjoy our family and friends.

We all hope for a glorious future when African American’s and other minorities can fully participate in the freedoms and opportunities that America represents. We have made progress, but we have a long way to go.

I am happy to see for the first time in history, we have an African American Major in San Francisco. Yes, San Francisco put in office a Black Mayor. I am amazed. We should be very proud of Mayor London Nicole Breed.

In this issue you will learn more about this brave woman who has not only won the hearts of San Franciscan, but the whole country. To me, this is a sign of a better future where people are more tolerant of other races in leadership. Minorities can lead governments and make a difference for everyone even when they are the minority. There are more African American political leaders on the way to the highest levels of government.

While we celebrate the Independence of our country, let’s not forget about the communities of color and minority neighborhoods that have so many battles to fight, that they can’t really enjoy the true meaning of independence. African Americans and other minorities are embattled on every side especially in housing. Once The Power Is Now Magazine

July 2018

8

again, Ben Carson’s Agency (HUD), finds itself on a tight leash over allegations of delaying the anti-segregation rule. Surprisingly, HUD isn’t alone to be investigated on these discriminatory allegations. Apparently, the National Fair Housing Alliance along with 19 other fair housing groups filed a lawsuit against Deutsche Bank, Ocwen Financial and Altisource for allegedly neglecting the foreclosed and bank owned properties in Minority Neighborhoods. In fact, just about all the major banks have been sued for discrimination or redlining. With all this happening in the country, you must wonder about the American dream for minorities. The statistics for African American’s reads more like African American challenge.

Let me add one more thing that is in the news. There is a special investigation by the government and litigation by the National Fair Housing Alliance with some of its affiliate groups against Facebook. National Fair Housing Alliance filed a federal lawsuit with the contention that Facebook allows housing discrimination. Many agents violate the law in their marketing campaigns in one way or another, and what’s even more ridiculous is that they are not even aware that they are doing it. This month, we take a closer look at the marketing campaigns and how agents can keep their marketing campaigns legal.

It is time to get into your OWN home, unless you like depositing thousands of dollars in your landlords’ already full pockets. Real estate in California continues to rise. This month we are featuring four real estate market that you should consider in your search to find your first home. Do not forget about my 4 Unit Strategy.

Email me to learn more.

Thank you for your continued support and readership. Our team is always here for you and dedicated to serving you. Please take time and read and read again and spread the news. Knowledge is power and The Power Is Now. Have a prosperous month. I believe this issue will change your perspective about a lot thing and help make July a month to remember.

The Power is Now being dedicated to helping everyone achieve the American Dream of Homeownership. If you haven’t signed up for our homebuyers’ workshops, you are missing a lot. Each workshop is tailor made for the first-time home buyer, so be sure to watch online or sign up for an event coming near you soon.

Eric Lawrence Frazier, MBA CEO The Power Is Now Inc.

Access The Power Is Now, Inc, Anytime, Any Place

Facebook @thepowerisnow www.thepinmagazine.com

Twitter @thepowerisnow

Linkedin @thepowerisnow

Instagram @thepowerisnow 9

NEW MARKETING SESSIONS

Your voice is your brand!

Increase lead generation, and give you the POWER to close more deals!

Every Thursday 12:30 PM - 1:30 PM

Promote Your Listings Online

• Streamed live on Facebook, and are rebroadcast on BlogTalkRadio which is syndicated to iTunes, TuneIn and many other online radio platforms. During the show each agent and their listings are featured for approximately five minutes to discuss why buyers should consider buying their listing(s). In addition, each agent will be given a post-show opportunity to launch a customized marketing campaign to get additional exposure.

• These sessions provide real estate agents and brokers a powerful marketing opportunity to access The Power Is Now Network of Agents nationwide and our audience of prospective buyers and sellers that is 1 million strong and growing.

ERIC LAWRENCE FRAZIER MBA CalDRE: 01143484 | NMLS 461807 The Power Is Now Inc. CalDRE: 1980407 | NMLS 1435243

Mobile: (714) 361-2105 Office: (800) 401-8994 ext. 703 Email: eric.frazier@thepowerisnow.com Website: www.thepowerisnow.com

IN REAL ESTATE

WELCOME to BAYLLYWOOD \ˈbā-lē-wud\ The San Francisco Bay Area motion picture industry

T

he San Francisco Bay Area, is home to a thriving mecca for aspiring filmmakers and actors. Emeryville is home to Pixar Animation Studios, SAE Expression College for Digital Arts and Film Acting Bay Area (FABA).

Aspiring actors & filmmakers receive invaluable training that prepares them for a career in the entertainment industry at Emeryville’s Film Acting Bay Area (FABA).

Founded in 2011 by Director, Producer and Actor, Celik Kayalor, PhD, FABA is a Film Acting and Directing School that offers on-camera film

acting and directing classes and workshops of all levels. All classes are taught by Industry Professionals. Training at FABA affords students extraordinary casting opportunities in films, tv, commercials & webisodes. Unique networking opportunities with directors, producers, casting professionals, talent agents and workshops with Los Angeles casting directors, have enabled some FABA student-actors to be signed by prestigious Los Angeles Agencies, that allow them to continue to live in the Bay Area, while being represented in Hollywood/Los Angeles for movies, TV and commercials by these agencies.

FABA is located at: 5515 Doyle Street, Studio-15, Emeryville.

Phone: (877) ONFILM1; (877)663-4561.

Website: http://www.filmactingbayarea.com Email: info@filmactingbayarea.com The Power Is Now Magazine

July 2018

12

Just 5½ hours north of Hollywood, Emeryville is a small, 1½ square mile city with a population of approximately 10,000, located in a corridor between Berkeley and Oakland, on the shore of San Francisco Bay. Emeryville had a sordid past as the 19th century “Entertainment Capital of the East Bay.” During Prohibition, within a block of the police station, there were 12 brothels and 20 bootlegging joints. There were numerous saloons, card clubs and racetracks, buttressed by further illegal gambling and a lucrative business in speakeasies.

21st century Emeryville has reinvented itself as home to several biotechnology companies, upscale shopping centers, and a ma jor film studio.

Emeryville has 6,650 units of housing. The ma jority of which is in the form of studio, 1 & 2 bedroom condominiums ranging in price between approximately $400,000.00 $900,000.00. There are a few single family homes, mostly 2 or 3 bedroom, 1 bath bungalows that range in price from the high $700,000’s to over $1 million.

Public transportation is easily accessible. The city bus system, Alameda-Contra Costa (AC) Transit, has a ma jor transfer hub that allows passengers to make connections to stops in www.thepinmagazine.com

Oakland, Berkeley, San Francisco & beyond.

Emeryville is between two Bay Area Rapid Transit (BART) stations, and there is a free bus system, Emery-Go-Round, that circles the city picking up and dropping off passengers for work, shopping, appointments & recreation.

Emeryville’s walk score is in the mid 80’s.

Emeryville’s proximity to San Francisco, coupled with being on the “sunny” side of the Bay, makes it a coveted place to live. 20 days on the market is the average time for properties offered For Sale.

Emeryville has several housing programs designed to foster greater availability of affordable housing for homeowners and renters of all income levels, including FirstTime Homebuyer Down Payment Assistance, Below Market Rate (BMR) Ownership Program, Mortgage Credit Certificate (MCC) Program and Housing Rehabilitation Revolving Loan Program.

The Emeryville Center for Community Life (ECCL), is a joint project of the City of Emeryville and the Emery Unified School District. It is a 3 story multi-use campus, incorporating the city’s public elementary school & secondary school, (K - 12.) It also has a community center, space for social service providers, a pre-school, day care facilities, multi-use sports fields and

13

Film Acting Bay Area

community theater. charter schools.

Emeryville also has a few

Emeryville’s Senior Center, for adults aged 50 and older, is housed in the gorgeous 1930’s Art Deco Veterans Memorial building. The Senior Center offers a variety of services to help Seniors live independently, manage finances, health care, transportation & Meals-on-Wheels.

There are also enrichment classes, domestic & international trips, local excursions and special events. The Senior Center conducts an annual fundraising flea market every April.

Emeryville hosts a variety of special community events throughout the year such as, the month long Celebration of the Arts’ annual art exhibition.

Showcasing an impressive and varied lineup of

work by artists who live or work in Emeryville by displaying their engagement with a host of aesthetic, political and social concerns. The first annual Art of Beer & Wine Event will be held at Bay Street Emeryville, a large mixed-use development that currently has 65 stores, ten restaurants, a sixteen-screen movie theater, 230 room hotel, and 400 residential units with 1,000 residents, on Saturday September 15, 2018, from 11am-5pm. The event will feature live bands, kids activities, and local craft brews & vineyards. In the spring, there’s a carnival & Easter Egg Hunt, Movies in the Park on summer nights, City Hall Holiday Tree Lighting & Parade during the holiday season, and a host of other events throughout the year. You can find a list of events here: https://www.ci.emeryvill e.ca.us/155/SpecialEvents.

SYLVIA YOUNG BROKER-ASSOCIATE/CITY MANAGER CALDRE # 01039092 Phone: (800) 401-8994 X 734 Direct: (510) 821-2599 | 510-853-5764 sylvia.young@thepowerisnow.com www.thepowerisnow.com

The Power Is Now Magazine

July 2018

“If you RENT, but want to OWN, - in Emeryville, It’s SYL Y, that you should phone!”

14

IN REAL ESTATE

Los Angeles 2018 Real Estate Trends

T

he California housing crisis continues to take hold all across different cities, from the San Francisco Bay area, all the way to the south. Greater Los Angeles is no different and follows the uptrend of high prices and low home availability across the state as the city experienced an increase of two digits in listings prices compared to last year.

One of the biggest forces behind the increase is gentrification taking place in Downtown Los Angeles, an area previously considered dangerous and unattractive.

In fact, Forbes recently placed it first in a list of real estate market that will be trending in 2018 .

As Nikhil Choudhary, from Zenith Engineers Inc. puts it, “the gentrification of DTLA is inevitable.� The city has stated to taken measures in preparation for the 2028 summer Olympics such as patrolling the streets with bikes. Moreover, high tech companies looking to escape form the asphyxiating prices in Silicon Valley are also making investments in the area contributing with high demand.

As a result, these changes in Downtown LA, along with low home availability and high demand has driven prices to new records. According to Pacific Union, sales of affordable homes spiked up from 20% to 28% since March 2017, leaving fewer options in the market .

The current median price for homes in The Greater Los Angeles currently sits at $910,000, a jump of 14% since last year.

Due to lack of affordability, homes in greater LA are starting to be considered as overvalued, that is that sales prices are 10% higher than what long-term trends predicted. In other words, prices are

The Power Is Now Magazine

July 2018

16

higher than what most people can afford.

In fact, the California Association of Realtors calculated the median home price in the city as $545,540 during the first three months of 2018. Taking into consideration that the average monthly payment would cost $2,820, plus 20% down payment and the traditional rule that housing should not exceed more than 30% of the household income; only those earning above $112,930 a year or 28% of the population would be able to afford a home.

On the bright side, this could be seen as evidence that prices are slowing down compared to last year. In fact, a report by Aspired predicted that prices will flat line by the end of year. Factors such as caps on mortgage interest and property tax deductions included in the new tax reform will influence dramatically in home prices. Some experts even predict that mortgage rates might reach 5% by the middle of year.

While the market is still not buyers’ friendly, the fact that prices might become more stable

www.thepinmagazine.com

by the end of the year is good news for future homeowners. Nonetheless, those with the means to buy homes at the moment should not hesitate because as long as there is low availability of homes and markets are overvalue, there are no guarantees of being able to afford a new home in the future.

References: https://www.forbes.com/sites/forbesrealestatecounc il/2018/04/03/15-booming-real-estate-markets-that-aretrending-in-2018/ https://pacificunionla.com/blog/2018/04/march-homeprices-rise-by-double-digit-percent-rates-in-most-losangeles-neighborhoods http://aspirelosangeles.com/how-three-major-2018-realestate-trends-will-impact-the-los-angeles-housing-market/

17

?

STILL

LOOKING LET ME HELP YOU

BUY OR SELL!

SYLVIA YOUNG BROKER DRE # 01039092 O: (800) 401-8994 X 734 | D: (510) 821-2599 SYLVIA.YOUNG@THEPOWERISNOW.COM WWW.THEPOWERISNOW.COM

WANT TO BUY OR SELL?

IF YOU WANT A REALTOR WHO WILL GO ABOVE AND BEYOND FOR YOU WHETHER YOU’RE A BUYER OR SELLER LOOK NO FURTHER. I WORK HARD SO YOU DON’T HAVE TO!

Alexandra Trefry

REALTOR BRE # 01987453 (800) 401-8994 x 753 (707) 494-2028 alexandra.trefry@thepowerisnow.com

w w w . t h e p o w e r i s no w . c o m

IN REAL ESTATE

Real Estate Focus HUNTINGTON BEACH

H

untington Beach shows the Southern California culture – complete with an authentic surf lifestyle and 16 kilometers of uninterrupted coastline. Located along the Southern California coast in Orange County, 56 kilometers south of Los Angeles and 152 kilometers north of San Diego, Huntington Beach makes the perfect, beachy base camp for ma jor amusement parks like Disneyland or Knott’s Berry Farm.

Real Estate Market Conditions Huntington Beach has a population of 201,899 and is less family-centric with 30.73% of the households containing married families with children. The asking price of homes for sale in Huntington Beach has increased 6.8% since April last year, while the number of homes for sale has decreased 4.6%.

The median list price in Huntington Beach is $949,000. The price went down 3% from April to May. The home resale inventories are 289, an increase of 4 percent since April 2018. The median list price per square foot is $536 and the median household income for the surrounding county is $75,998 compared to the national median of $53,482. The median age of people living in Huntington Beach is 40.9 years. Approximately 47.37% of Huntington Beach homes are owned, compared to 36.99% rented, while 15.64% are vacant. Huntington Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available.

Huntington Beach in 2017, saw the average Sales Price exceeding the peak set 2007,

The Power Is Now Magazine

July 2018

20

the year that the average price of homes hit a record high of $808,000. This average price fell after the real estate bust and recession that followed. The Average Price fell to $570,000 in 2011. In the past few years, prices have made a ma jor come-back and have moved up to $800,000.

Local Insight about Huntington Beach The U.S. Open of Surfing is a week-long surfing competition held annually during the summer in Huntington Beach, CA. Held on the south side of the Huntington Beach Pier; the U.S. Open is part of the qualification process for the World Surf League and is the largest surfing competition in the world. The nine-day event adds $16.4 million to the Huntington Beach economy and is attended by nearly 500,000 people. The 2018 dates are July 29th - August 6th. Huntington Beach has the resort area (Pier, Main Street, Pacific City, Five Star Hotels, and miles of beaches), it also has a private boat harbor with waterfront homes, and the Seacliff Area is known for the SEACLIFF Country Club (golf & tennis). There is a large Central Park, wetland areas to walk, and much more.

If you are considering buying a home in Huntington Beach take advantage of those low mortgage rates that are offered today. You have no idea how much even a slight increase in your rate can affect your payments. For more information contact to the professional The Power Is Now real estate agents in the area.

THE POWER IS NOW LIVE EVENTS

HOMEBUYER SEMINARS Are you on the path to homeownership? Learn all about our Homebuyer programs at our monthly seminars!

• Learn about the Housing Crisis in California • Learn about the Wealth Gap for Minorities • Learn about State of California Housing Finance Agency Programs • Learn about Zero Down Payment Programs • Learn about buying land & building a home with zero to low down payment Government financing • Learn how to buy a 4 unit apartment building as a first time home buyer • Learn about partnership strategies to buy your first home with friends and family • Learn about special financing programs for teachers and HUD Home for Sale

References: https://www.redfin.com/city/9164/CA/Huntington-Beach https://realtytimes.com/ https://www.movoto.com/

www.thepinmagazine.com

21

LEADERS WANTED!

“

We make the American Dream of Homeownership a Reality

1. We pay the Highest Compensation and Marketing � Teams are Welcome and Can Maximize Their Support Package for real estate agents than any Income with Competitive Commission Splits. other real estate firm in California. Our buyers’ agents can make up to 100% of the commission on 3. Free Marketing Support: their transactions. Here are additional benefits: � Social Media Management & Support � Promotional Interviews on BlogTalkRadio � Live Online Homebuyer Seminars & Homebuyer Events � Financial Support for Marketing � Free Listing Sign Post & Business Cards � Online TV & Video Productions 2. Territory Management - Exclusivity: � Live Homebuyer Seminars & Online Resources � Website IDX & CRM Management � Exclusive Areas/Territories for All Agents. � Professional Coaching & Business Planning � Exclusive Broker Management Opportunities & � Lead Management & Follow Up Support compensation. � Unmatched Compensation Model for Managers � Marketing & Branding Graphic Design Support and Directors.

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Call us for details: ERIC LAWRENCE FRAZIER, MBA President & CEO Direct: (714) 475-8629 Office: (800) 401-8994 ext. 701 eric.frazier@thepowerisnow.com www.thepowerisnow.com The Power Is Now Mortgage Services is a Mortgage Brokerage licensed by the State of California Bureau of Real Estate (license #1980407) and the National Mortgage License System and Registry (license #1435243), and is a division of The Power Is Now Inc. (license # 01980407). The Power Is Now Inc. is not affiliated with any state or federal agency. The Power Is Now Real Estate Services is also licensed by the State of California Bureau of Real Estate (licensed #01980407), and is a division of The Power Is Now Inc. The Power Is Now Inc., is an equal housing lender. Our corporate office is located at 3739 6th Street Riverside, CA 92501. Our Telephone and Fax number is 800-401-8994. Eric Lawrence Frazier MBA, is a California licensed Loan Originator (NMLS license # 461807), and a licensed Real Estate Broker (CA Bureau of Real Estate license #01143484). Restrictions may apply to all loan programs. The Information and/or data is subject to change without notice. All loans are subject to credit approval. The information presented is not a commitment to lend or extend credit. Not all loans or products are available in all states. The Power Is Now Mortgage Services and Real Estate Services are A Division of The Power Is Now Inc., and are only licensed to conduct business in the State of California.

ON THE COVER: LONDON NICOLE BREED Mayor Elect for San Francisco

London Nicole Breed Mayor Elect for San Francisco

U

pon the death of Ed Lee, a special election was held on June 5 2018, for the mayor of the city and county of San Francisco. The winner of the election would serve until 2020. For the first time in history, an AfricanAmerican has been elected mayor of the San Francisco.

Background London Nicole Breed was born in August 11, 1974 and was raised in San Francisco, CA by her grandmother in public housing in the Western Addition.

Breed served as the president of the San Francisco Board of Supervisors and District 5 Supervisor, representing the Fillmore addition, Hayes Valley, Lower Haight, Haight-Ashbury, Japantown, Alamo Square, North of Panhandle, Cole Valley, and Inner Sunset Neighborhoods.

Experience London Breed is American politician currently serving on the San Francisco Board of Supervisors. She first won the election to the Board in November 2012.

In 2015, her colleagues elected her to serve as the President of the Board. In November 2016, she was re-elected to serve as the supervisor for the District 5.

Two months later, she was unanimously elected as the president of the Board.

London Nicole Breed was elected as the mayor for the city of San Francisco reaching a milestone when her opponent conceded a tight mayoral race. Breed will serve as the city mayor until 2020 finishing the unexpired term for the late mayor Ed Lee, who died in December 2017 at the age of 65.

Prior to her election as the president of the Board of Supervisors, London has served as the Executive Director of the African American Art & Culture Complex in the Western Addition furthering and transforming the struggling center into a vital, vibrant and financially stable community resource for art and cultural programs for youths and seniors.

Breed has also served as a San Francisco Redevelopment Agency Commissioner for five years and in 2010, she was appointed to be a San Francisco Fire Commissioner where she served until her election to the Board of Supervisors.

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including building and protecting of affordable housing, increasing public safety, improving environmental health and modernizing public transport.

Achievements As the President of the Board of Supervisors, London is the 2nd highest ranking official in San Francisco. She leads the legislative body of the city and is responsible for overseeing a $10 billion budget with over 30,000 employees. Breed has devoted herself to improving the City’s housing infrastructure, environmental sustainability, public safety, transportation and improving the quality of life of ordinary San Franciscan.

Education London Nicole Breed is a Native San Franciscan raised in poverty by her grandmother. She graduated with honors from the Galileo High School. She later attended the University of California, Davis, where she earned a Bachelor’s of Art in Political Science-Public Service with a minor in the African American Studies. Later, London went on ahead to earn a Master’s Degree in Public Administration from the University of San Francisco.

Career Highlights Breed has worked as intern in the office of Housing and Neighborhood Services under the leadership of Mayor Willie Brown. She became the Executive Director of the African American Art & Culture Complex where she raised over $2.5 Million that was streamlined to renovate the complex’s 34,000 square foot space. In 2004, she was named to the San Francisco Redevelopment Agency Commission.

In 2010, she joined the Board of Supervisors to represent District 5 by defeating incumbent Christina Olague, who had been appointed by Mayor Ed Lee. On January 8, 2015, Breed was elected the president of the board, she won by a vote of 8 to 3 and then unanimously.

In February 2016, Breed announced her bid to run for a re-election for District 5. In her bid, she pointed out some key concerns in the district The Power Is Now Magazine

July 2018

London has passed legislation that seeks to increase the housing production along the transit corridors and also prioritize on the neighborhood residents for affordable homes in their respective communities. In addition, Breed has helped to rehabilitate 193 units of unused public housing for homeless families and is leading the effort to renovate thousands more.

Breed is also responsible for the passing of the strongest Styrofoam ban in the country. The drug take-back legislation. A legislation that has kept over 40 tons of medical waste out of bay and landfills. She has also spearheaded the campaign for San Francisco’s clean electrical energy program.

Lastly, Breed has passed a complete overhaul of the city’s graffiti policies and the first-in-thecountry legislation which protects music and nightlife venues.

Legislative record London Breed has authored legislation in 2014 which allows the San Francisco city attorney to pursue civil damages against the Graffiti taggers.

Previously, attorneys solely relied upon criminal prosecution to punish the taggers. In addition to that, after the shooting of Mario Woods by a San Franciscan police officer, Breed together with Supervisor Malia Cohen called for a federal investigation at a Board’s meeting.

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IN REAL ESTATE

Pasadena 2018

Real Estate Focus

W

ith every spring comes a new boost in the real estate market. The city of Pasadena California is no different.

Yet as it is the case with most cities in the state, lack of affordability, low number of homes in the market and pressure form near Downtown LA continue to push up the prices.

As to the first quarter of 2018 Zillow categorizes the city as a hot sellers’ market. Prices have seen an increase over 8.7% since last year and currently the median price in the city of a three-bedroom unit is $810,145. Furthermore, the average square foot is $585, which is higher than the $422 square foot found in Los AngelesLong Beach-Anaheim Metro area.

There is no sign that the current trend will end soon. Zillow predicts that prices will go up by 4.7% for next year. This is due to several factors such as families looking to escape from the incredible high prices in Northern California as well as the gentrification of Downtown LA. Zillow also predicts a great impact in home value from foreclosures.

While the 0.5 (per 100,000) homes foreclosed is the city is lower than Los Angeles-Long Beach-Anaheim Metro it is still a figure to be taken into consideration. Moreover, there is also considerable The Power Is Now Magazine

July 2018

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number of homeowners underwater that might fall into mortgage delinquency with 4.6%.

“

We’re battling right now an extremely tight rental market, which makes it extremely difficult to assist folks to be housed in private apartments.

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Rents continue to be an issue across the state; currently the average in Pasadena sits around $3000. An indicator of how high prices have gotten is the increase of the homeless population, just in the last two years their numbers increase by 28%, a situation which the city has taken direct measures to relief.

As Bill Huang, Pasadena’s director of housing and career services stated, “We’re battling right now an extremely tight rental market, which makes it extremely difficult to assist folks to be housed in private apartments.”

This why there is an initiative in the city enter a law to limit property owners to increase rent over 4.5% per year. While rents will continue to be tied to the Consumer Price Index, the measures seeks to protect vulnerable tenants and limit property owners from raising

the rent unexpectedly.

Detractors of the initiative argue that will hurt tenants more that help them. Experts say that the law would detract property owners form renting or they will raise the maximum every time they can. In fact, lack of options and demand will only increase the prices.

Nonetheless, despite the high prices, Pasadena continues being a desirable city to move in and invest. Compared to cities in Northern California prices are accessible and taking into consideration that prices will continue to increase, there is no better time to buy than now.

References: https://www.zillow.com/pasadena-ca/ https://www.pasadenastarnews. com/2018/05/01/pasadenashomeless-count-shows-the-tight-rentalmarket-is-pushing-more-people-intothe-streets/ https://www.kqed.org/news/11666426/ what-you-need-to-know-about-rentcontrol

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BUYING OR SELLING? MEET YOUR NEW REAL ESTATE NEIGHBOR! Lanise’s knowledge of the ever-changing real estate market and its technology will provide you with an enjoyable and hassle-free real estate process. She is committed to continuing to build her record of quality service and establish an honest, long-term relationship with each one of her clients.

LANISE SPANN Realtor DRE # 01800507 Office: (800) 401-8994 x 713 Direct: (707) 297-0398 Email: lanise.spann@thepowerisnow.com

NATIONAL UPCOMING EVENTS

IN FEATURED STORY

Independence Day: A hypocritical day to

celebrate American true racism

T

he fourth of July marks 242 years since the United States of America was declared Independent, a day that marks the colonists’ independence from the barbaric rule of Great Britain. But 75 years later, Black Americans were not yet ready to celebrate. As usual, most of Americans will set up grills to celebrate the so-called Independence Day, put on a firework displays across the city and so on, well, I am not against the day, as a matter of fact, I will celebrate the day, I will set up my grill and all that but to me and to most of other African Americans, it will not be a celebration of independence, but a historical fallacy that has been passed down from generation to generation. The Fourth of July to most Black Americans is nothing, but a day that represents centuries of lies that have perpetrated the society and masked as the truth by the so called founding fathers.

The declaration of Independence Day states that;

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July 2018

“…We hold these truths to be sacred & undeniable; that all men are created equal & independant, that from that equal creation they derive right inherent & inalienable, among which are the preservation of life, & liberty, & the pursuit of happiness; that to secure these ends, governments are instituted among men, deriving their just powers from the consent of the governed; that whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying it’s foundation on such principles & organising it’s powers in such form, as to them shall seem most likely to effect their safety & happiness…”

This declaration states that all men are created equal when in fact, slavery was legal in all the 13 colonies of the United States. This means that 20% of the populace at the time of the Declaration was held up in brutality and arrogance of the white man, without “preservation of life, & liberty, & the

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pursuit of happiness.” The facts surrounding the Independence Day celebration point out clearly that this is just a celebration of Eurocentric and a hypocritical mythology.

Interestingly, of the 56 people who signed the Declaration that day, 27 of them were slave holders, slave shippers and in one way or another involved in slave investment. In 1776, Thomas Jefferson, whose contribution to the signing of the Declaration is well known, had at the time enslaved 175 black women, men and children, by 1862, he had a total of 267 slaves. He was also a racist and a sexual degenerate who began abusing Sally Hemings, at 14, he got her impregnated seven times. Independence Day is a celebration that has hypnotized the country to accept and embrace generational lies rather than the truth.

It is no secret that the Black Americans have played a significant role in the making of this country’s foundations, but their efforts have been blown away without any recognition. The war for freedom started on June 1812 and ended in February 18152. From 1776 to 1812, Blacks had played quite a significant role yet they were excluded from their true rights to freedom and its benefits. It would be justifiable to say that Independence Day is a day that does not represent American Independence, but the pretense that the country has indirectly seduced people to follow blindly without questioning its integrity.

Black People, despite their contribution to the liberation of the country, were considered animals not humans, in 1779 the Governor of Virginia signed a bill that encouraged enlistment in the American Revolutionary War by compensating white men with a “healthy Sound Negro.” in addition to that, Article 1, section II paragraph 3 of the United states constitution3 considered Black Americans “three-fifths” of a human being.

More prove disregarding the nature of black Americans can be traced back in 1785 on the book entitled Notes on State of Virginia4 where Jefferson writes; “It will probably be asked, Why not retain and incorporate the blacks into the state, and thus

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save the expense of supplying, by importation of white settlers, the vacancies they will leave? Deep rooted prejudices entertained by the whites; ten thousand recollections, by the blacks, of the injuries they have sustained; new provocations; the real distinctions which nature has made; and many other circumstances, will divide us into parties, and produce convulsions which will probably never end but in the extermination of the one or the other race.”

Jefferson is trying to put into perspective the thought of emancipation and the argument to make Black Americans citizens afterwards.

It would mean that the country would have to deploy more white people to fill in the gaps left by the Black People. Jefferson argues that this is not a viable option as upon emancipation, the country would go into a race war, one that would end IF and ONLY IF one race is completely wiped out. Of course there are other texts in the book which quotes Jefferson talking ill about the Black Americans, calling them “Oran-Outan” meaning ape like creature. From the beginning of liberation of the American States, it is evidently clear that it was never the intention of Black community to be included as they were too busy laboring in the fields without reparation.

Given the racial divide that is still deep rooted in the country, how can African-Americans celebrate a holiday that is meant to glorify their perceived inferiority by the people who held them captives for more than 200 years? History books in all dimension fail to mention that African American heroes the likes of Crispus Attucks and

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the 5000 brave men who were instrumental in the war against Britain by 1783. If history was to be corrected, we all know that, never was there a time when equality existed for all people. This means that the founding fathers only wanted independence for only one race.

In 1852, Frederick Douglas gave a speech, perhaps one of the most popular speeches, about Independence Day and he asked “What have I, or those I represent, to do with your national independence?” A nation founded on the principles of freedom for all, with certainty has never lived up to its promises. Remember, it was the slaves who drove the economy of the country forward but our nation has never accepted the responsibility it has of providing an equal playing field for all.

Think of the discrimination that still runs deep and wide in the housing, education, justice and corporate America. Civil rights activists in 1968 hoped that the Fair Housing Act would end the residential desegregation of the American Society, so far, nothing impactful has been done except the usual sugarcoating of the malicious acts that still exist in today’s institutions. Moreover, the justice system continues to be the cradle of inequality. Think about the Black Americans that have been murdered in cold blood but the justice system still lets the perpetrators walk free.

How can we then celebrate a day that we are supposed to mourn? This day represent the greatest fallacy to penetrate in today’s society and yet, people glorify the day with utmost as if nothing ever happened. Moreover, there is a strong argument that 1776, the year perceived to be the year when America got independence, is not correct at all! It makes no sense since the Revolutionary war began on April 19, 17756.

What

keeps

this

hypocrisy

alive

is

the

institutions especially the education system that teaches nothing but the white man’s fabrication of the real truth. Nothing about the forefathers of the African community is taught in the schools. The proper way to set things right is by helping the younger generation understand the circumstances around African American existence in the country. More to that, they also need to be taught about the accolades and the true achievements of Black Americans in ancient civilization. This would help align American history in its proper context. This can only happen if the education system is rewritten following the correct suit.

Sources https://jeffersonpapers.princeton.edu/selected-documents/ jefferson%E2%80%99s-%E2%80%9Coriginal-roughdraught%E2%80%9D-declaration-independence http://www.pbs.org/wned/war-of-1812/essays/black-soldierand-sailors-war/ https://www.shmoop.com/constitution/article-1-section-2. html https://en.wikipedia.org/wiki/Notes_on_the_State_of_ Virginia http://www.pbs.org/wgbh/aia/part4/4h2927t.html https://en.wikipedia.org/wiki/American_Revolutionary_War

The Power Is Now Magazine

July 2018

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IN REAL ESTATE

Real Estate Condition

IN SAN CLEMENTE A

picturesque city by the ocean, San Clemente still maintains the Spanish village it was designed to be back in the 1920s. Its founder, Ole Hanson, had a dream of a Spanish villa, one complete with red tile roofs and whitewashed wallswhich came true when he managed to sell undeveloped land with those exact stipulations.

Real Estate Trends and Demographics People who live in San Clemente make an average of $97,000 a year in income, and the national average income stands at $53,000. The population in San Clemente is 65,082 and the average household has 2.7 people in this suburban neighborhood. Most households own 2 cars and commute around The Power Is Now Magazine

July 2018

30 minutes to work, as San Clemente only contains 31,000 employees.

About a third of the residents are single, while more than half can be said to have a college education. 94% of San Clemente are citizens of the United States. However about 17.2% do not list English as their first language according to the 2016 census.

Despite the median house going for over a million dollars, seventy percent of the settlers in this old Spanish villa own their homes. Home price ranges from $700,000 to upwards of three to four million dollars depending on proximity to the ocean, age of the home, and renovations.

If one is looking to rent, rather than buy a house, the average rent goes for about four 36

grand a month, leaving the price per square foot at around $450. In the past four years San Clemente has reported no foreclosures in their listings and maintains a relatively stable amount of 380+ homes available for purchase or rent.

Reasons People are Attracted to Settle in San Clemente People are attracted to the quiet home town feel of San Clemente. The city prides itself of the many great community projects, as well as a generally good place to live. It seems most people who live there are in the middle ages of their lives, or early retirees.

• Highest average temperature is 90 degrees in July • Lowest average temperature is 40 degrees in January • Family community with 40% households containing children

San Clemente market trends indicate an increase of $36,750 (4%) in median home sales over the past year. The average price per square foot for this same period rose to $452, up from $434. San Clemente real estate prices over the last several years has increased which is making it harder to find properties for sale under the $500,000 price point. The days are gone where you could find a single family home in this price range leaving only residential condos.

There are just a few selected places to look in order to find the best deals in San Clemente for under $500,000. San Clemente is referred to as the Spanish Village by the Sea. Known for it’s white sandy beaches, perfect weather, coastal views, vibrant downtown, rich history, and the stunning Spanish style architecture. If you are looking for a home in this area, working with a qualified real estate professional can make the process of buying a home smooth and enjoyable.

• Averages 7% poverty rate • Most common jobs are in Management, Law Enforcement, Sales and Service Industries www.thepinmagazine.com

References: http://www.lauraginn.com https://www.berkshirehathawayhs.com/

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ERIC LAWRENCE FRAZIER MBA CalDRE: 01143484 | NMLS 461807 The Power Is Now Inc. CalDRE: 1980407 | NMLS 1435243 Phone: (800) 401-8994 ext. 703 Website: Direct: (714) 475-8629 eric.frazier@thepowerisnow.com www.thepowerisnow.com The Power Is Now Mortgage Services is a Mortgage Brokerage licensed by the State of California Department of Real Estate (license #1980407) and the National Mortgage License System and Registry (license #1435243), and is a division of The Power Is Now Inc. (license # 01980407). The Power Is Now Inc. is not affiliated with any state or federal agency. The Power Is Now Real Estate Services is also licensed by the State of California Bureau of Real Estate (licensed #01980407), and is a division of The Power Is Now Inc. The Power Is Now Inc., is an equal housing lender.Our corporate office is located at 3739 6th Street Riverside, CA 92501. Our Telephone and Fax number is 800-401-8994. Eric Lawrence Frazier MBA, is a California licensed Loan Originator (NMLS license # 461807), and a licensed Real Estate Broker (CA Department of Real Estate license #01143484). Restrictions may apply to all loan programs. The Information and/or data is subject to change without notice. All loans are subject to credit approval. The information presented is not a commitment to lend or extend credit. Not all loans or products are available in all states. The Power Is Now Mortgage Services and Real Estate Services are A Division of The Power Is Now Inc., and are only licensed to conduct business in the State of California.

Helping Families Make the Right Move!

Danon Burnside Cal DRE # 01835853

Real estate Agent

Realtor | San Bernardino O: (800) 401-8994 x 724 D: (951) 205-5796 danon.burnside@thepowerisnow.com www.thepowerisnow.com www.applytobuynow.com

IN REAL ESTATE

San Francisco 2018

Real Estate Trends

W

hile living in San Francisco it might seem like a dream come true, the fact is that owning a home is becoming increasing difficult due to the lack of affordable homes.

A recent report published by Paragon Real Estate Group news showed an increase of 23% in home listings compared with March 2017. The median price of houses in the city reached an all-time high when they hit$1.6 million mark this April, $55,000 than three months ago.

Prices have specially soared in San Francisco most affable areas. Bayview, for example, has The Power Is Now Magazine

July 2018

had an amazing 18.3% annual price increase since 2011 or a 174% accumulated in six years.

Likewise, gentrification in Inner Mission has turned the neighborhood into “the hottest, hippest district in the city, especially among younger high-tech workers.� Yet this has brought as consequence a 14.7% annual prince increase.

This push for affordable homes has left the high-end market with slow sales and units well over the $2 million.

Lack of affordability also means that workers need to earn well into the six figure range. To buy a home.

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chief market analyst for Paragon Real Estate Group puts it, “Being a real estate agent in San Francisco is sometimes like stapling five or six careers together that don’t really have much coherence.”

The California Association of Realtors [CAR] released on Tuesday May 15th, 2018 its Quarterly Housing Affordability report which concluded that it would be necessary to earn an incredible $333,000 yearly salary in order to purchase a home without risking financial security .

This astonishing figure was calculated taking into account a 20% percent down payment, current interest rates and by assuming that one is able to keep housing payments below 30% of the house income. The same calculation showed that in 2017, it was already necessary to earn $267,130 a year.

The crisis in affordability becomes even more evident when according to the 2016 US census just 18.4% of household in San Francisco make over $300k yearly. Meanwhile in April 2018, The San Francisco Mayor’s Office of Housing estimated that the median

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income in the city is $82,900 a year without taxes.

Contrary to common believe, lack of affordability has not made much real impact in the market.

The San Francisco real estate market is very dynamic and fast paced. As prices increase exponentially and homes become scarcer, properties are selling very quickly. With no signs that the situation will get much better for homebuyers, those who have the means to purchase a home now, must do so immediately before it is too late.

WalletHub, for example, named San Francisco the best place to be a Real Estate Agent in 2018 . The website compared more than 170 U.S cities using statistics ranging from sales per agent, building permits activities and turnover rate.

Due the high prices in the city, top real estate agents do not need to close hundreds of deals a year to make a living.

With just close to 9 or 12 sales a year, some real estate agents can make close to six figures or a million dollars per year.

The competition is fierce; however, and often real estate agents must be knowledgeable in different areas. As Patrick Carlisle, vice president and

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WANT TO BUY OR SELL?

TRUST A PROFESSIONAL ADVICE! Classye James DRE # 01991620

(800) 401-8994 x 743 (650) 804-8326 classye.james@thepowerisnow.com

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IN LEGAL

Ocwen Financial, Altisource and Deutsche Bank’s discrimination against the Communities of color

T

he National Fair Housing Alliance with 19 other Fair Housing organizations filed a lawsuit against Deustche Bank for allegedly neglecting foreclosed and Bank-owned properties in the Minority Neighborhoods.

The allegations claim that Deustche Bank failed to maintain its bank-owned properties in the African American and Asian communities while preserving its bank-owned properties in the white neighborhoods.

The lawsuit accused the company along with Ocwen Financial, Altisource, of racial discrimination. NFHA reported that it had found substantial and incriminating new evidence in support of the allegations that these corporations continues to discriminate against the communities of color in 30 metropolitan areas throughout the United States. The alliance alleges that these corporations failed to provide the required routine maintenance on the bank owned properties in black and Asian neighborhood.

The data presented in the lawsuit show a stark pattern of how deep the discrimination goes, supported by substantial photographic evidence, the poorly maintained homes

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resulted in wildly overgrown grass and weeds, unlocked doors and windows, broken doors, cracked windows, dead and decaying animals, and trash left in the yard.

The lawsuit is a result of a Multi-year investigation that began in 2010, which first began with an administrative complaint hoping that the bank would review the evidence and implement changes in the bank-owned properties in the communities of color as it did in the white neighborhoods, but to no avail. NFHA also met with representatives from Ocwen and Altisource and shred the photographic evidence. No improvements despite there having been routine maintenance and marketing issues identified in the meetings.

The implications the neglected homes have on the community These poorly maintained properties create a detrimental living environment for the locals. Furthermore, they also drive down the property value owned by neighbors which projects a negative outlook for the community. It suggests that the community is economically

July 2018

divested.

These practices increases the economic divide, propagates apartheid and denies the locals the right to fair and safe housing. NHA filed the lawsuit during the Black History Month to clearly emphasize how neglected bank-owned homes hurt African American Communities.

The poor appearance of Deutsche Bank-owned properties in the Latino and Black neighborhoods destroys the homes’ curb allure for anyone wanting to buy and consequently attracts vandalism because these blighted homes appear to be abandoned. This further deepens the wealth gap and inequality in America.

Is this the first time?

This problem for Deutsche Bank is not new. Back in June 2013, the bank settled a lawsuit with the city of Los Angeles for $10 million after being accused of allowing hundreds of its foreclosed properties fall into slum like conditions which ultimately lead into destabilization of a whole community. More so in the past, the bank has taken position that as a trustee of the loans that

44

resulted into foreclosure, it had no obligations whatsoever to maintain the properties once they fall into the possession of the bank. Under the FHA, trustees are liable for any activity deemed discriminatory to the same extent as any other owner of the property. The intentional failure to maintain properties in the Latino and black communities can only be seen as pure systematic racism as it devalues the lives and families living in these communities.

The bank denies the charges Despite the mind-boggling evidence, the bank still denies the charges with one of the company, Altisource claiming that the lawsuit relied on discredited data. The company claim that NHFA research relied on data that was previously discredited in 2016 by the US Department of Housing and Urban Development.

The Power Is Now Online Events Every Tuesday at 12:30 PM and 7:00 PM, along with every Thursday at 12:30 PM, we are live on Youtube!

We educate our friends and followers about all of the latest mortgage programs, interview industry leaders and professionals, and give agents an opportunity to showcase their listings on our platform.

In a response released by Ocwen denying the allegation, the company said that it cares about the communities and has been committed to equal maintenance and marketing of the bankowned homes no matter their location in the US. The company further claims it has in place the necessary quality control standards designed to ensure that all the properties are handled consistently regardless of the location and that NHFA has made same allegations against other institutions.

Altisource has also been quoted saying that these suit is without merit. It further claimed that it is a property preservation vendor which operates on behalf of the institutions that service mortgages and foreclosed homes and that NFHA misrepresents both the Altisource’s conduct and its role as a property preservation vendor.

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See the weekly topics at: thepowerisnow.com/events/

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Ready to buy or sell?

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LEON TOWNSEND III MBA, Green and Notary Public DRE # 01979416 Phone: (800) 401-8994 x 733 Direct: (626) 372-9374 Email: leon.townsend@thepowerisnow.com Website: www.thepowerisnow.com

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IN LEGAL

HUD Sued for Delays in the

Anti-Segregation Rule

A

group of Fair Housing Advocacy are planning to sue the Department of Housing and Urban Development and its secretary Ben Carson for allegedly delaying on an Obama-Era rule meant to ensure that communities confront and put an end to the racial segregation. The lawsuit wants the department to oblige and follow a rule that is meant to help in the preclusion of segregation and to abide by the Fair Housing Act. The lawsuit stems from a decision implicating Carson of illegally suspending the Affirmative Furthering Fair Housing Act in January this year. This is when he announced that cities and counties receiving federal funds won’t be The Power Is Now Magazine

July 2018

required to analyze housing data and submit plans to the HUD for addressing segregation until after 2020. Without this rule, billions of dollars will be dispensed without any scrutiny by the civil rights oversight.

According to the lawsuit, HUD also made amendments without first of all giving a notice or an opportunity to comment. The litigants claim that these actions by the HUD are lawless and that there is a substantiated rule of how agencies can and can’t go about changing its own policies. By sidelining the Assessment Rule, HUD will be letting more than 1,200 grantees receive billions of dollars without addressing the already burning up issue of racial segregation 48

and so many other fair housing problems in the community.

How rule by HUD works Basically, the rule was confirmed in 2015 and for the first time, it required more than 1,200 jurisdictions which are entitled to HUD grants and housing aids to analyze the housing stock and come up with a plan on how to address the patterns of segregation and discrimination. If the plan determined by HUD, called the Fair Housing Assessment, was not sufficient, the city or the county would have to rework it or else, it would lose the funding.

The Fair Housing Assessments were a necessity under the Affirmatively Furthering Fair Housing Rule, published in 2015.

This was after changes were recommended by HUD and the Government Accountability Office. The AFFH rule intended to make sure that communities which receive the grants and housing aids also develop plans that would effectively address the issue of segregation and discrimination.

HUD’s response to the claims In January, HUD said that it would immediately stop reviewing the plans that it had received but not yet accepted www.thepinmagazine.com

and that the jurisdictions won’t have to comply with the rule until after 2020.

This postponement comes in response to the complaints from the communities struggling with the assessment to produce plans that meet HUD requirements. Nonetheless, of the 49 submitted assessments to the HUD in2017 roughly a third were sent back.

According to the lawsuit, HUD “inadequately enforced” the act and calls the Assessment Rule an attempt to fix it. Rather than actually renewing the approval of the AFFH rule this year, HUD delayed it until sometime later in 2020. By doing that, the agency claims that the program participants needed more time and help in adjusting with the new system.

This has happened before Late last year, a federal judge stopped Carson from suspending an Obama-Era directive that was meant to estimate the appropriate dollar amounts for the Housing

Vouchers which was to be based on the ZIP codes rather than the Metropolitan areas.

In this case, the plaintiffs are hoping that the judge will make the same findings.

This Assessment Rule was implemented after a careful thought and so much consideration. An expensive input from the public and time after time, it is being taken for granted and the requirements of the Administrative Procedure Act violated. Basically, it tells that Secretary Ben Carson is abdicating his responsibility in the fulfillment of HUD mission.

Even before the fallout in January, Advocates say that they were already much involved in the long fight to change the HUD’s thoughts about segregation. They claim to have worked with the state and the local governments to seek out and provide understanding that segregation is and will never be an accident. Rather, it is a product of decades of intentional government policy.

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PUTTING OUR CUSTOMERS FIRST: Let Your Search End Here For a Professional Realtor

DRE: 01804551

We specialize Residential and Commercial Real Estate as well as Property Management. Serving the Inland Empire, Orange and Los Angeles counties. We have been in business for over ten years and as seasoned professionals, we are capable of addressing all of your real estate needs.

We are ready to assist you with all of your real estate needs.

Our approach is customized for each of our clients; our solutions are never onesize-fits-all. When you are ready to schedule a free home buying or selling consultation please feel free to contact us

FRAZIER GROUP REALTY “Your Real Estate Navigator�

3739 Sixth Street Riverside, California 92501 (951) 686-5261 info@fraziergrouprealty.com www.fraziergrouprealty.com

IN YOU

How to style up

your outdoors H

ave you ever walked into a compound and found tools strewn all over, garden untended and the compound looking shabby? Even picturing it is not a pleasing thought. Our outdoors say as much as our houses do, they are indeed the first appearance one gets of your home and we all know how much first appearances matter. Landscaping is not easy and not a job for everyone, it is also quite tasking. Hiring an expert to tend to your outdoor may also be quite tasking. So how then are you supposed to make your outdoor presentable in a cost-efficient way? Luckily there some few tips and tricks to this, be it large spaces or small spaces, there is always a way to spruce up your outdoors.

Lay grass This is vital especially if the compound is spacious. The green has a way to make the compound look well-tended, cared for and even loved. The grass is inexpensive and buying seedlings and planting them makes the land not as bare as it would be without. Manicured lawns have a common feature of

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high-quality grass that is always welltended and watered. The green color also attracts the eye and makes one appreciate the landscape more than one would be it bare. Lay fresh grass on your compound after tilling it to ensure it grows well and all over the place instead of in patches as it sometimes tends to do making for an unappealing sight.

Patio Setting Your patio setting sets the ambiance you want to elude. One can create a party mood, a relaxed mood, a romantic mood and so forth just by the kind of patio setting you choose to have. The arrangement is not only important but so is the furniture as well. Placing high tables and high stools make for party moods while having dining sets could make for romantic or family moods.

Depending on what furniture you choose to incorporate in your patio and how you arrange it sets the moods you hope to create. Be creative with this and get furniture that is timeless and also strong enough to withstand the elements.

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Lighting The lighting you choose is also key.

Choose lights that are bright and luminescent to create open spaces and warm hues to create a cozy feel. The front porch of homes requires lighting not just for security but also to create a homey ambiance. It would not be a pleasant ordeal to stumble upon a flowerpot or trip on shoes because you can’t see your front porch. Lighting is also quite welcoming and inviting. A simple light at the entrance will suffice for homes with small spaces while homes with plenty of space could light the path to the house or have lights at different positions of the compound. This also makes the outdoor look quite pleasant especially at night with a well-lit tended compound.

For security reasons, motion detector lights are widely available in the market and serve two purposes. Laying out lit lanterns occasionally can also create such a beautiful sight.

Flower Gardens There is nothing quite welcoming than a well-tended blooming flower garden.

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The scents and colors should be put into consideration as not all flowers are particularly pleasant to smell or see.

Pick your favorite flowers and lay them out in your garden and tend to them constantly watering and weeding them.

Small spaces also have the advantage of this as flower pots are quite common and one can lay out their flowers just the same. Be cautious to water them as negligence could mean your guests are welcomed with dead flowers. Get cacti or other succulent plants if the watering seems like a tedious job or forgetfulness burdens your mind. There is no way you can go wrong with flowers as long as they are properly placed, tended and catered for. Flower baskets are also an option, these are great as they can be hanged and present an even better appearance. Brightly colored flowers are recommended as they are more cheery and welcoming. Having garden paths is another option. “If the path is beautiful, let us not ask where it leads,” suggested French author Anatole France. A good path doesn’t just take us from one point to another; it gives coherence and purpose to a garden, while gently persuading us to explore further.

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Vegetable Patches You have got to consider this because it will not only make your outdoors look great but also provide you with fresh kitchen ingredients.

Nothing tastes quite like farm fresh vegetables and you can have your own little vegetable garden to work with within your compound. Products like green onions, kales, tomatoes, vegetables and other products can be grown. The best thing about having a vegetable garden is that when you have partitioned a specific portion of your compound for this it will always look catered for, even when there no plants and it is freshly tilled. Partition it by laying some pebbles along the border in a pleasant manner and you have your very own vegetable garden. This will not require so much work besides watering and can be tended over the weekends. Getting a trough flower pot could also double as a vegetable garden for those with small spaces.

Homes are a reflection of the personalities of the owners, how it is presented portrays the kind of person the homeowner is. It does not take much time to spruce up your outdoor, it may take less than a week or days and you have a beautiful compound to boast about for a long while. Doing DIYs for the outdoors is also great,

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making small stone arrangements and laying them artistically is a great idea as well. Catering for your outdoor is as vital as catering for your indoor and as much as you decorate your indoors when you ignore your outdoor that creates an impression on your guests. Have fun with it, have friends over, do it with family or get the kids to help. You may find it turns out to be a fun activity that you’ll enjoy and definitely be satisfied by the results of your work on your home. Be it a rental or own compound they’re ideas aplenty on how to style and decorate your outdoor. Consider the space, the ambiance you want to create and the features you’d like to stand out. Most of all, style it to represent your personal taste and style.

References: https://stylecurator.com.au/15-ways-to-spruce-up-youroutdoors/ http://www.idealhome.co.uk/garden/garden-ideas/ways-tostyle-your-outdoor-space-1522 https://www.houzz.com.au/ideabooks/31836886/list/ styling-to-sell-upscale-your-outdoor-area-for-a-quick-sale https://loveyourhome.ie/style-your-outdoor-space-forsummer/

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IN YOU

The Importance of Working with

A REAL ESTATE AGENT

W

hether buying, selling or just negotiating for the sake of knowledge, involving a real estate agent in the bottom line could impact your process or else it may cost you later. The prolonged skills and knowledge in the field of real estate is evident in a number of aspects as discussed below; Plenty of Professional Networking/Connections Real estate agent interacts a lot with a vast number of potentialities ranging from professional loan officers, buyers, sellers, attorneys and property inspectors who have expertise in propelling real estate deals into maturity. Suppose a seller wants to strike a deal with a buyer, there should be finance officers and property inspectors to authenticate such transactions. You need not to know any of the above professionals personally but instead link up with an agent who has a personal relationship with. Knowing the legalities path involved, the paperwork, the binding laws and the like, he/she will assist to document and fix every detail needed before the deadline.

Despite the legal liability within their due course, agents cannot recommend a certain party say A to B but they can be give worth statistics of which company has had a good rapport in terms of efficiency, competitive prices and competency.

Price Guidance and Negotiation Edge Unlike the perception with the ma jority that agents fix prices for either party, agents create a room of choice to either the buyer or seller for them to make rational choices. They supply them with constructive data and statistics which guide them to arrive at their desired decision and basing their perception on the market demand and supply, they extend a piece of advice as well as negotiation strategy for the two interested parties.

Often, the real estate agents disclose market condition which may in absentia of the agent guide them to make a ration selling or buying The Power Is Now Magazine

July 2018

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decision. Imagine a client being spoon fed by an agent the daily prices, when to buy or dispose property. Agents can assist willing sellers and buyers with a long list of preferences of those parties which they have worked which make the baseline of making sound decision.

The two both parties have their point of maximization and minimization and hence the two can only come into an agreement if a third party (agent) intervenes with legal framework which makes the interests of each party protected. He finally substantiates the offer and counteroffer for each party.

They have high level of Confidentiality A ma jor description of an agent is they are ‘buffers’ such that none concerned parties are kept away. For instance, for a seller, if he/she happens to incorporate an agent, he/she will filter unworthy phone calls and keep them away only allowing those who are serious. Similarly, top ranked agents employ their skills and professionalism not to incorporate personal emotions in the course of negotiations. To them, it is part of their professionalism; the only option to bring bread on the table. Professional agents are not messengers but negotiators of their client’s case in the best way possible while maintaining a high www.thepinmagazine.com

degree of confidentiality to every detail of the transactions.

Cultivate Relationship for Future Business The desire of every agent is a successful transaction and future referral. Many agents will work closely to see their clients satisfied.

Occasionally, they update every single client they have ever worked with before either by mail so as to keep in touch probably for future business if it presents itself.

Handle clients Questions However smooth a transaction my look, there should arise some questions relating to property tax assessment, mixed invoices amongst others.

Hence nothing to overlook although a single call to your agent can stream line all the mix up.

Reputable agents do not stand at the fence or leave their clients to suffocate in the transaction process but stand to help should in any case a need arise.

Lucky for us agents are there to intervene in case of extremism. In the last three centuries, federal laws governing real estates were so much tougher that a little omission or a minute mistake could land the both parties in court of law something which would cost them thousands of money.

References: http://homeguides.sfgate.com/importance-havingprofessional-real-estate-agent-49440.html https://pocketsense.com/

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JUMBO LOAN PROGRAM

It’s time for a really big deal!

BENEFITS • Loans up to $2,000,000 with 700+ FICO • Very competitively priced jumbo mortgage rates • Significant price improvement for purchase money loans SPECIAL FEATURES • Qualify using primary wage earner’s middle credit score • Non-owner occupied investment properties OK • 100% gift funds for down payment & closing costs OK • Non-permanent resident aliens OK

Call me for details: ERIC LAWRENCE FRAZIER MBA CalDRE: 01143484 | NMLS 461807 The Power Is Now Inc. CA BRE: 1980407 | NMLS 1435243 Website: www.thepowerisnow.com

Email: eric.frazier@thepowerisnow.com Mobile: (714) 475-8629 Office: (800) 401-8994 ext. 703 Fax: (800) 401-8994

The Power Is Now Mortgage Services is a Mortgage Brokerage licensed by the State of California Department of Real Estate (license #1980407) and the National Mortgage License System and Registry (license #1435243), and is a division of The Power Is Now Inc. (license # 01980407). The Power Is Now Inc. is not affiliated with any state or federal agency.

The Power Is Now Real Estate Services is also licensed by the State of California Bureau of Real Estate (licensed #01980407), and is a division of The Power Is Now Inc. The Power Is Now Inc., is an equal housing lender.Our corporate office is located at 3739 6th Street Riverside, CA 92501. Our Telephone and Fax number is 800-401-8994. Eric Lawrence Frazier MBA, is a California licensed Loan Originator (NMLS license # 461807), and a licensed Real Estate Broker (CA Department of Real Estate license #01143484). Restrictions may apply to all loan programs. The Information and/or data is subject to change without notice. All loans are subject to credit approval. The information presented is not a commitment to lend or extend credit. Not all loans or products are available in all states. The Power Is Now Mortgage Services and Real Estate Services are A Division of The Power Is Now Inc., and are only licensed to conduct business in the State of California.

Alshaun Rodgers REAL ESTATE AGENT DRE # 01374164

(800) 401-8994 X 742 | (310) 227-2247 ALSHAUN.RODGERS @ THEPOWERIS NOW.COM WWW.THEPOWERIS NOW.COM

IN TECHNOLOGY

Tips to keeping your marketing campaigns legal

R

ecently, there have been allegations that Facebook facilitates housing discriminations by allowing the real estate advertisers to explicitly exclude audiences protected under the Fair Housing Act. Facebook is now dealing with the fallout from the apparent data breaches allegations to questionable ad targeting practices.

These allegations were the primary focus of a federal lawsuit filed late March by the National Fair Housing Alliance and some of its affiliate organizations. According to the complaint “Facebook continues to enable landlords and the Real Estate brokers to bar families with children, women, and others from receiving rental and sales ads for housing.�

Serious revelation about the mindboggling degree of access means that real estate agents have to be aware of how to conduct their marketing campaigns in a manner that does not in any way

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July 2018

discriminate or promote discrimination.

For the simple reason that advertisers are still able to bar people falling under certain categories protected by the federal and the local fair housing laws for example, gender and family status, points out that the problem is far from being solved.

Facebook even before the lawsuit was aware of this problem since the spring of 2016. Knowing that, the tech company has repeatedly expressed their commitment to solving this problem but nothing has been done so far, the company is yet to bring its system into compliance with the acts.

This therefore leave many real estate professionals in a state of confusion, wondering what practice is considered right or wrong, or how to keep their marketing campaigns legal. Here are some tips that will ensure that all agents keep their campaigns legal.

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1. Avoid targeted marketing that exclude protected class on a listing: The Facebook algorithm doesn’t guarantee you that a broad spectrum of the users will see your ad even if it isn’t exclusive therefore, you can’t really rely on Facebook as your only advertising platform. You can try out other platforms such as Realtor.com, or even your local newspaper.

2. Know the state and the local Fair Housing Laws: Some of the laws may include other classes of protected categories other than the Federal Fair Housing Act. Knowing these laws will help you make sure that your marketing is in compliance with these laws.

The user or the advertiser is liable in some but not all circumstance although it will differ depending with the facts and context.

To be on the safer side, it is best that you understand the state and the local laws before doing your campaigns.

3. Hire professionals to market for you: Consider working with a digital marketing firm to market for your company. The advantage of this is that digital marketers are always up to date with the changes Facebook makes. More to that, it will save you time and money and you are guaranteed of higher reachability. Everyone has his own area of specialty and leveraging the expertise of someone else will give you time to focus on what you are best in.

4. Some of your listing in the MLS may not be visible to a segment of the market: You should try and use some other methods if part of your market isn’t reached by the MLS. It may seem obvious or not needed but it is important to make sure that your ad reaches these people.

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5. Avoid activity on posts that are in violation of the fair housing act: Do not engage in any way, for example, commenting, liking it or even clicking on it. Just leave it as it is and get a screen shot of the original post, report to your local association before it is deleted.

It is best that you always keep yourself up to date with the developments happening in your area of expertise, you may never know when these rules changes.

Sources http://realtormag.realtor.org/law-and-ethics/law/ article/2018/05/6-tips-for-keeping-your-marketing-legal http://realtormag.realtor.org/daily-news/2018/03/28/ facebook-accused-allowing-discrimination-in-housing-ads

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MOVING ON TO YOUR IDEAL PROPERTY?

CALL ME I CAN HELP YOU! TIANA OWENS Realtor CalDRE # 01998032 Office: (800) 401-8994 x 704 Direct: (949) 393-8020 Email: tiana.owens@thepowerisnow.com Website: www.thepowerisnow.com

homebuyer’s workshop JOE L. FISHER

BROKER CO-HOST JLFISHER180@YAHOO.COM FISHER REALTORS

ERIC LAWRENCE FRAZIER MBA SPEAKER | PRESIDENT & CEO CALBRE # 01143484 | NMLS # 461807 OFFICE: 800-401-8994 X 703 ERIC.FRAZIER@THEPOWERISNOW.COM

WWW.THEPOWERISNOW.COM

REGISTRATION: WWW.BUYHOMESEMINARS.COM

• Learn about the Housing Crisis in California • Learn about the Wealth Gap for Minorities • Learn about State of California Housing Finance Agency Programs • Learn about Zero Down Payment Programs • Learn about buying land & building a home with zero to low down payment Government financing • Learn how to buy a 4 unit apartment building as a first time home buyer • Learn about partnership strategies to buy your first home with friends and family.

• Learn about special financing programs for teachers and HUD Home for Sale

THURSDAY, JULY 19 7:00 - 9:00 pm fisher realtors nmls 01070856 180 broadway st ste. a richmond ca 94804

The Power Is Now Inc., is a Mortgage Brokerage Licensed by the State of California CALBRE License #1980407 and is not affiliated with any state or federal agency. Go to www2.dre.ca.gov for verification. The Power Is Now Inc., is also licensed by the NMLS License #1435243.

Go to www.nmlsconsumeraccess.org for verification. The Power Is Now Inc., is an equal housing lender. Our corporate office is located at: 379 6th Street Riverside, CA 92501. Telephone and Fax: 800-401-8994. Eric Lawrence Frazier, MBA is a California Licensed Loan Originator NMLS# 461807. 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. © Copyright 2018 The Power Is Now Mortgage Services A Division of The Power Is Now Inc.

homebuyer’s workshop the power is now, clearlake office APRIL HARRIS

HOST / CITY MANAGER CALDRE # 01988009 OFFICE: (800) 401-8994 EXT. 717 DIRECT: (707) 814-5457

APRIL.HARRIS@THEPOWERISNOW.COM

ERIC LAWRENCE FRAZIER MBA SPEAKER | PRESIDENT & CEO CALDRE # 01143484 | NMLS # 461807 OFFICE: (800) 401-8994 X 703 ERIC.FRAZIER@THEPOWERISNOW.COM

WWW.THEPOWERISNOW.COM

REGISTER AT: WWW.BUYHOMESEMINARS.COM

‣‣ Learn about the Housing Crisis in California ‣‣ Learn about the Wealth Gap for Minorities ‣‣ Learn about State of California Housing Finance Agency Programs ‣‣ Learn about Zero Down Payment Programs ‣‣ Learn about buying land & building a home with zero to low down payment Government financing ‣‣ Learn how to buy a 4 unit apartment building as a first time home buyer ‣‣ Learn about partnership strategies to buy your first home with friends and family. ‣‣ Learn about special financing programs for teachers and HUD Home for Sale

SATURDAY, JULY 21 10:00 AM - 1:00 PM The Power Is Now

15330 Olympic Drive, Clearlake

The Power Is Now Inc., is a Mortgage Brokerage Licensed by the State of California CALBRE License #1980407 and is not affiliated with any state or federal agency. Go to www2.dre.ca.gov for verification. The Power Is Now Inc., is also licensed by the NMLS License #1435243.

Go to www.nmlsconsumeraccess.org for verification. The Power Is Now Inc., is an equal housing lender. Our corporate office is located at: 379 6th Street Riverside, CA 92501. Telephone and Fax: 800-401-8994. Eric Lawrence Frazier, MBA is a California Licensed Loan Originator NMLS# 461807. 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. © Copyright 2018 The Power Is Now Mortgage Services A Division of The Power Is Now Inc.

Home Ownership

By Eric Lawrence Frazier MBA

Home ownership brings stability to individuals and families who have never had a dwelling place that they could call their own. There is something special about owning real estate that is unlike anything else on earth you can own.

Real Estate you own is not like cars that decay over time and you have to replace them.

Real Estate you own is not like clothes that go out of style and you have to buy new ones.

Real Estate you own is not like expensive vacations or experiences that only last a moment in time.

Real Estate you own is not like an apartment where the landlord may increase the rent until it’s no longer affordable.

Real Estate you own is not like staying at your parents house where you know can’t stay forever.

Home ownership is the beginning of wealth that increases over time and becomes your estate & legacy Home ownership is the pride of a mother nurturer and the kitchen her domain Home ownership is the pride of a father provider and protector of his territory and family.

Home ownership is the foundation of permanence and the place where life happens, birthdays celebrated, deaths mourned.

Home ownership is the place you build memories that can never be taken from you.

Memories etched in walls and concrete, experienced in rooms and floors, Memories living in trees and shrubs planted by your hand.

Howe ownership is the manifestation of you - your style, your colors, your smell, your stuff, your junk, your memories, your yard and your spaces, your life.

It’s the height markers on your first child’s bedroom wall.

It’s the hearts drawn in the concrete slabs when you pour your patio floor It’s the birthday parties, and anniversaries in the living room and kitchen.

It’s the back yard barbecue with friends, neighbors and family contentions it’s the high school and college graduation, and wedding receptions Its’ the family nights and block parties and the fellowship of family connections Home ownership It’s more than real estate. Land, brick and mortar, wood frame construction and chicken wire.

It’s more than money saved, gifts recieved and grants obtained It’s more than the debt you incur to buy it.

It’s more than the payments you make to own it.

It’s more than the appreciation that comes with keeping it over time.

It’s memories, it’s family, and it’s life that can happen in one place Until you say it’s time to move.

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