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| Thursday, June 28th, 2012 - Posted by Rich Iacovetta |
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Tech companies analyzing your online habits have come up with an online-influence score for you that will let them know how popular you are and how valuable you can be to help them spread the word about their products, and their predicting that someday your might one day get you low interest rates in San Jose and other California cities depending on the number of Facebook friends and Twitter followers you have. Consider this, people with high influence scores got invited to test drive the new Audi A8, and Reebok offered free shoes to high scoring fitness influencers. So, let me just get this straight, Banks might start offering the lowest rates not because you have a high credit score, great income, a boatload of assets, or a ton of equity, but because your minions retweet everything you say? Sounds like a bank at work to me.
Here’s your California interest rates this week. If you’re looking for ways to save money on your mortgage, a 5 minute phone call to me could lower your interest rate without paying any closing costs. Leave me a comment below, and please forward this to all your friends. Thanks for watching, I’ll see you next time!
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| Friday, June 15th, 2012 - Posted by Rich Iacovetta |
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If you’ve ever tried to buy a condo in San Jose or anywhere in California with an FHA loan, you know that it’s been harder than getting Lindsay Lohan to pass a driving test. Well, the department of HUD is making some changes to their policies and one of those revisions could allow individual units to be bought with FHA financing even if the whole complex hasn’t been certified for FHA loans. Right now only 25% of all condo projects are on the FHA approved list. So this could really open up a lot more opportunities for California real estate agents to help homebuyers get into their first home. I’ll be sure to let you know more about this story as details become available.
Songwriter Jerry Goldstein who wrote such hits at “My boyfriend’s back” and Sly and The Family Stone’s hit “War”, (huuuuh, good god yall, what is it good for?) Absolutely nothin! He even wrote this song, and now he’s asking the buyers of his California mansion, “why can’t we be friends?” See Jerry’s home went through foreclosure and sold at a public auction for 7.5 million, but getting him to move out so the new owners can move in is proving to be harder than getting Lindsay Lohan to pass a drug test. So they’ve taken him to court, and are asking for $666 per day that he refuses to leave the property. Hey Jerry, if I were you I’d take a permanent vacation hey la, hey la before the judge comes back.
It’s been a crazy week for interest rates in San Jose. They went up, they went down, and here’s where they are at the time of this video. Many homeowners are taking advantage of locking in rates as low as 2.99% on 15 year fixed mortgages, and with home sales rising 3% in the month of April, this beautiful weather is the perfect time to be looking for a home in San Jose. Remember I always have time to help you, your friends and family who need a San Jose mortgage broker and California real estate advice, so give me a call, and be sure to share this video with them. Thanks for watching, I’ll see you next week.
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