Foreclosure City in Temecula, Murrieta and Menifee

This Week's New Real Estate Term: "Grow House"
You've heard of row homes or row houses. Now there are "grow houses". Police in the city of Arcata, in Humboldt County, California, estimate that a mind-blowing 13% of homes in the city are vacant and used strictly as indoor marijuana farms, apparently legally. So the typical suburban block with 20 houses has 3 that are vacant marijuana greenhouses (pun intended). Wow. Read more.

Join Our Preferred Client Group For The Best Values
I find great real estate deals every week. But too often we cant match a client in time and someone else scoops it up. (My bank-clients wont let me buy their properties, or Id be my best client!)

So I developed my Private Client Group, a select group of people serious, qualified, and ready to grab a great deal on a home or investment when -- or before -- it hits the market.

If youd like to be in the Preferred Client Group, you need to:
1. Pre-approve with our approved lender
2. Come in for a short sit-down counseling session
3. Commit to work with us


Serious Buyers only: Email me @ dynamicagent@msn.com or call (951) 677-1800 ext. 143
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20 NEW HOT Foreclosures!!!

Fannie Mae Eliminates "Declining Market" Designation:
Good News Or No Change For Buyers & Sellers??
Remember the lax "fog the mirror" loan qualifying (if you can fog a mirror, you're approved) that helped bring on all the foreclosures? Lenders then over-reacted and required giving up your first born to get a loan, especially with little down. And Fannie Mae, which buys mortgages, slapped a "declining market" designation on California, making borrowers put an additional 5% down on all Fannie loans. Well, last week Fannie ditched the policy. So low down-payment loans should be easy, right? Not so fast. Mortgage insurance companies, which insure lenders against loss on many loans with under 20% down, aren't playing ball. At least not yet.

On the bright side: various non-Fannie loans are still available to owner-occupants w/ -0- down (VA or "Nehemiah"), 3% down (FHA), 5% down (rare conventional), and plenty with 10% down. Call me and I'll put you in touch with our trusted lender.

Proposition 98 Wouldn't Help The Chinese
The California Association of Realtors supports Prop 98 to keep the government from seizing private property for non-public use and to strengthen private property rights. Pass or fail, at least we can put it to a vote. The Chinese, with no such voting rights, could use protections much stronger than Prop 98. Land in China is state-owned and only leased to citizens. Private property rights are so minimal that in 2002, when China wanted to expand the Yangshan deep-water port near Shanghai, they just demolished people's homes and sent protesters off to labor camps. …One more reason we should be thankful we live in the greatest country on earth!

Top 10 Up And Coming World Real Estate Markets
Forbes.com, using Morgan Stanley Capital International's list of emerging markets, forming this top 10. They looked at economic expansion, inflation, individual property rights, access to lending, etc., in world capital cities and business centers. These ten markets are expected to explode in value in the next five years. (For the full story, click here.)

1. Israel
2. Malaysia
3. Peru
4. Chile
5. Thailand
6. Jordan
7. South Africa
8. Morocco
9. Czech Republic
10. Colombia

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