Sneak Preview – Pocket Listing!
October 29, 2011 by Mark Roknich
Picture a Spanish Villa with beautiful ocean views and a totally private yard!
Add to this relaxing image the luxury of 3 bedrooms, each with its own private bath, 3000 sqft of living space, and a 3-car garage, all in a gated enclave.
The master bedroom suite is located on the main floor in this completely remodeled and extensively upgraded home.
But this home is not in Spain! It’s right here in our own Dana Point, California! Be the first to view this gorgeous home.
Available to purchase for only $1,600,000, or for lease at $6200/mo.
Call me at (949) 240-5892!
Revised Mortgage Plan Designed to Help Struggling Borrowers
October 29, 2011 by Mark Roknich
By email this week, I received an overview of the recent changes to the Home Affordable Refinance Program (HARP). I have blended in with it some bullet points of my own:
- The changes are effective December 1, 2011
- The new rules targets homeowners who owe more than their homes are currently worth
- Mortgage must be guaranteed by Government lenders, Fannie Mae or Freddie Mac
- Mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009
- Payments must be current during the prior six months; no more than one late payment in the prior year
- Homeowners can now refinance no matter how much they owe (eliminates the 125% rule that existed)
- The changes eliminate appraisals and many underwriting requirements (in many cases)
- The new rules include/mandate waivers of many expensive upfront fees
As you can tell, there is some fine print in this program. As a great starting point, call us at (949) 240-5892 to help you determine the market value of your Dana Point home.
Then call our friend, Mike Harper, at Alpine Mortgage, 949-769-7588, who has generously offered to help, to find out how these changes to the HARP program may help your ability to refinance your particular home and take full advantage of lower interest rates.
This is a PDF document on the Federal website that outlines the new rules in greater detail.
33681 Granada Drive, Dana Point – For Lease
October 28, 2011 by Mark Roknich
Official Website for this Listing in Dana Point!
Hard to beat this view! Coastline, whitewater, and sunsets…live the life! Short distance to the beach…walk to dining and shopping! Quaint street with lovely neighbors! HOA pool and jacuzzi! Possible to lease as furnished. Giant master with fireplace and retreat and view deck, enormous master closet, lovely bath with his/hers sinks, tub and shower! New stone flooring throughout and carpeting. Gourmet kitchen, dining area and great room with fplce and large entertainers deck! Inside laundry…oversized two car garage! Ready now! Located in between Laguna Beach and San Clemente! Easy access to the 5 freeway. Walk to dining and shopping!
More info here this weekend! Only $2795 per month, available now!