The Good Neighbor Next Door program

Last week I attended a HUD seminar, which I learned about "The Good Neighbor Next Door program." If you are a law enforcement officers, firefighters, emergency medical technicians and pre-kindergarten through 12th-grade teachers, this program is for you. It is a sweet deal, and you will love it. 

Through this program, you can receive a discount of 50 percent on a home’s listed price in regions known as “revitalization areas.” Using the program’s website, you can search for properties available in your state. You must commit to living in the home for at least 36 months. Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for seven days.

Check the listings for your state. Follow the instructions to submit your interest in purchasing a specific home. If more than one person sends an offer on a single home, a selection will be made by random lottery. You must meet the requirements for a law enforcement officer, teacher, firefighter or emergency medical technician and comply with HUD's regulations for the program.

HUD requires that you sign a second mortgage and note for the discount amount. No interest or payments are required on this "silent second" provided that you fulfill the three-year occupancy requirement.

The number of properties available is limited, and the list of available properties changes weekly.

To learn more, please see the Good Neighbor Sales Frequently Asked Questions!

I will be glad to help you and answer any questions you may have. Please check the website and see if your area has designated revitalization areas.

What's My Home Worth?

No doubt, selling a home can feel like you’re playing the lottery at times – you might think of yourself as a winner, but you don’t even know how much money you might have left on the table. This is a grave fear these days. On your own, it’s complicated to get an accurate value for your home.
The most significant evolution in real estate market over the last decade is, surprise surprise, the Internet. More than 90 percent of buyers begin their search on different sites all over the internet. So, if you’re done contemplating, and you want to sell your house fast, without the having it sit on the market for months on end, then we can work together. We offer local expertise in a home market tailored to meet your needs. As a local professional, we know the neighborhoods, schools, market conditions, zoning regulations and local economy. We will do the leg work, keeping you up-to-date with new listings and requirements as they impact the market. We will make the process as pleasurable and stress-free an experience for you as I can.

Where is Downtown Long Beach?

Downtown Long Beach Neighborhoods 

Situated on the LA/OC County line, DTLB is directly connected to a robust matrix of freeways and accessible to airports, including Los Angeles International Airport (LAX), John Wayne Airport (SNA), and our own Long Beach Airport (LGB), which serves more than 3 million passengers annually and operates 41 commercial and 25 commuter daily flights. Certainly not limited by cars, DTLB is serviced by the Metro Blue Line, the nation’s most used light rail line with over 80,000 boardings per day. This line provides a direct connection between DTLB and Downtown Los Angeles, allowing users to quickly jump between the attractions and amenities of both cities and all points in between. 

Question is: can you call this place home? For more detail information about DWTB contact me. 

If you are an adventurer looking to explore read this!

With sunny skies and miles of diverse terrain, Long Beach is an ideal place to bicycle. Safe and convenient facilities across the City make cycling fun for families, professional cyclists, and weekend cruisers alike.

LONG BEACH CYCLING TRAILS

90803 , 90802 VS Entire MLS

Please do not let this chart fool you. Even, the 90803 median prices appreciate over entire MLS average, the downtown 90802 area become investors paradise. Potential for grow is tremendous, as all new commercial and residential new project is being built. 

Why Long Beach School District?

Above chart shows median sale prices entire MLS vs. homes located at Long Beach Unified School area. Clearly, due to excellent work of LB unified, more parents are coming to Long Beach for better and more affordable education. The school district was named a national winner of the Broad Prize for Urban Education, recognizing America's best urban school system for increasing student achievement. LBUSD is a five-time finalist for the prize.

LBUSD also earned the District of the Year award from the national business news publisher Industry Dive and its publication, Education Dive.  The honor is part of the Dive Awards recognizing education’s “top disruptors and innovators.” here is fact sheet for LB school district:

LBUSD Facts at a Glance

OPENED 1885

STUDENT ENROLLMENT

• 74,000 Pre-K to High School

STUDENT DIVERSITY

• 56.1% Hispanic
• 13.5% African American
• 13.4% White
• 7.2% Asian
• 3.2% Filipino
• 1.5% Pacific Islander
• 0.2% American Indian/Alaskan Native
   
• 19% English Language Learners
• 69% Socioeconomically Disadvantaged

FACILITIES

• 85 schools in Long Beach, Lakewood, Signal Hill and Avalon (Catalina Island)

BUDGET

• $893 million operating budget for 2017-18

Visit LBUSD for more information. 

10 Answers to 10 Questions regarding Title Insurance & Living Trust

In today’s world of busy probate courts and a desire for privacy, the living trust has become a common manner of holding title to real property. The following may help you understand a few of the requirements of the title insurance industry if title to property is conveyed to the trustee of a living trust.