Reverse Mortgages Soon To Be More Expensive?

by Don on August 31, 2010

Are there changes afoot for the HECM for purchase reverse mortgage program?

Yes, it appears so. The new Federal budget, currently working its way through various committees in the Legislature, have reworked the HECM for purchase Reverse mortgage program to decrease the amount of funds that will be available to seniors in the reverse mortgage transaction. While some of the costs of the loan have actually decreased, this potential reduction in benefits could affect seniors who are considering options related to buying a home utilizing a reverse mortgage.

The current bills moving through Congress decrease the potential benefit to the senior by anywhere from 10% to 18%, and it seems likely that a compromise will result in a reduction somewhere in between.

How to Get your HECM for purchase Reverse Mortgage now


Give me a call ASAP. The new laws are purported to lower the benefit amounts as above by October 1, 2010. There is still plenty of time for a senior 62 years or older to take advantage of the more liberal benefits currently available.

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“Crazy for You” at the Moonlight Amphitheatre

by Don on August 19, 2010

Best Moonlight Musical Nears End of Run – Don’t Miss It

Moonlight Amphitheatre Rocks with Crazy for You

Crazy For You, a wonderfully danced and acted musical by the Gershwins is in its last weeks here at the Moonlight Amphitheater in Vista. I saw this fabulous musical last night, and really wanted to shout out loud after having done so.

This is fun, frolicking, and filled with some of the best dancing I’ve seen. Choreographed by John Vaughan, you’ll find that tapping and moving in your seat is involuntary and very, very engaging. I loved the dances and the dancers, and some of the routines simply were as good as you would expect to see anywhere in the country.

Well, the night was wonderful, and all the Moonlight staff were generous and fun as usual. Saw friends from all over North County, and was delighted at how grownup and special this Vista theater venue has become.

Go see it.
“Crazy for You”
When: 8 p.m. Wednesdays through Sundays; through Aug. 28
Where: Moonlight Amphitheatre, 1200 Vale Terrace Drive, Vista
Tickets: $22-$45
Info: (760) 724-2110
Web: Moonlightstage.com

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Veteran’s Housing In Oceanside

August 11, 2010

Help A Veteran with Housing In Oceanside TODAY

North County Interfaith Council, dba Interfaith Community Services, was founded in 1979 by a handful of diverse faith communities to address the needs of low-income, homeless, and underserved populations. These faith centers regularly encountered individuals in crisis, but were incapable of [...]

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Harney Sushi in Oceanside Lunch Offer

August 11, 2010

Oceanside Chamber of Commerce Weekly Business Offer
Harney Sushi
Harney Sushi is San Diego’s premiere sushi bar and restaurant experience. As fresh as it gets, as imaginative as you want. We offer award-winning sushi and gourmet specialty rolls, an extensive list of wine & local or microbrewed beer, 40 of the world’s best sakes, DJ’s, VIP booths, [...]

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California Regulations Out of Control

August 10, 2010

Did you ever wonder why California’s unemployment rate was so high?  Ever wonder why the eighth largest economy IN THE WORLD seems to be down on its knees begging for life support?
Recently Governor Schwarzenegger discovered after seven years in office that that the California bureaucracy seemed to be out of control at the State and [...]

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Oceanside Housing Price Trends

August 10, 2010

Overview of Oceanside CA Home Prices Reveals…….
The trend now is pretty clear.  Home prices for the Oceanside area have trended to a virtual pause.  That is, the housing market here in Oceanside is now very, very stable.  Prices and inventory of homes have not changed much in the past two months, and while buyers still [...]

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Technology So Cheap A Caveman Could Afford It

July 23, 2010

We are surrounded by Miracles.  We are surrounded by ingenuity.  Take a few minutes today to reflect on the world that could be if we could share, learn and grow together.
Of course, to do all of this would require some common sense….but that’s for another post, another day……..

India develops world’s cheapest “laptop” at $35
NEW DELHI [...]

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California Earthquakes and Washington, D.C.

July 16, 2010

Seems all the states, and now the District of Columbia, are trying to stay up with California’s earthquake quota.  Today an earthquake rocked Washington, D.C. with its biggest quake in over 40 years.
The question is, does this earthquake teach us anything about our own California?
It’s Friday, so on a lighthearted note, I’m going to say [...]

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Christmas in July in Oceanside CA

July 6, 2010

Christmas in July will again take place at the Old Mission Montessori School in Oceanside on July 10th and July 11th from 9 a.m. to 5 p.m. 
Over 100 booths with artisans, jewelry, homemade products, art, toys and Christmas novelities will be available.
An auction will take place at 2 p.m. on Sunday, July 11th, and there [...]

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Oceanside Home Price Trends

July 6, 2010

Summer is here. What’s happening to Oceanside home prices?
If you click on the picture above you’ll see that the trend is stable, with some potential for a downward shift in prices.  What makes this clear is that the average price of an Oceanside home has remained stable at $359,900, while at the same time [...]

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