Pink Flamingo Mortgage

Suggestions for Fall Maintenance

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 15 Nov 2007 10:31:00 -0800

Your Home – Fall Maintenance

Now that we’re preparing for fall and winter, it’s a great time to make sure that you are performing the routine maintenance on your home before the winter weather sets in. By regularly performing these simple maintenance tips on your home, you can avoid costly repairs down the road. If you own a second home or vacation home, don’t forget that it can be even more important to perform this maintenance to avoid any water or heating damage from happening when you’re not there.

Be sure to clean your windows and check your window seals to ensure they are free of dirt and debris. Dirty seals can cause drafts in your home and lead to higher energy bills.

Make sure you inspect your furnace before the colder weather sets in. Make sure the filters are clean and replace them if necessary. If you have not had your heating unit inspected this year, you may want to hire a professional to come inspect your unit before you use it.

If you are concerned with frost and colder weather, be sure to insulate your pipes.

Inspect your rain gutters to ensure that they are free of debris (you should clean your gutters every spring and fall to avoid costly water damage).

Check your smoke detector batteries while you’re at it to ensure they are working properly.

By performing these regular maintenance activities you can avoid costly water damage to your home and make the holiday season free of unanticipated stress.

Bob

Veteran's Day in San Diego

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Mon, 12 Nov 2007 11:57:00 -0800

Another beautiful day. A day to honor those who have served our country, including my Father who served in the Air Force during the Korean War; and my Father-in-Law who served in the Navy during WWII.

My dad served stateside in California. He was in the Air Force and served as an accountant. And oh-boy did he have stories!

My father, Bill, served at Camp Stoneman in Northern California. They were responsible for processing service men and women overseas, and returning from, the conflict. They felt as if they were in the vortex of everything happening.

When he passed away, we found out he was entitled to a niche at the Fort Rosecrans National Cemetery in Pt. Loma (San Diego). We were proud that his country remembered and honored him with this benefit. His view is looking out to the Pacific Ocean, very near the picture shown.

My wife's father, Armand, served in the Navy during WWII. He was a hard hat diver and served in the South Pacific. He was stationed on a small island after the war, name Eniwetok, which became famous as an atomic test site. They would line up some worn out ships off shore to test the bombs on, and then line up the sailors on shore to watch the bombs go off!! Wow, what a sight. Few have seen so many bombs go off, so close.

Then the next day the Navy would have Armand dive on the bomb site and go down to asses the damage to the ships that had been sunk. Once he brought up a giant clam shell from the sea bed and shipped it home. My wife has 1/2 in our backyard, and her sister has the other 1/2 in her backyard. We swear it glows in the dark.

Needless to say Armand had a little glow going himself, and cancer eventually caught up with him. There is some bitterness that he was put in that position, but they really didn't know what they were doing. No, I am not a "believer" that government wouldn't try something funny, but in this case a little research showed that they were dragging U.S. Senators, Congressmen and other high ranking officials out to the islands, so they too could enjoy "the bomb!" They lined them up on shore, on ships, and in planes to watch the might and power of the US. So in this case I don't believe they knew what they were doing.

Armand too was remembered by his country and the Navy with honors. He too has a marker at Fort Rosecrans National Cemetery.

So on Veteran's Day, we say "Thanks!" Thanks to you, and the rest of the Greatest Generation! You built a wonderful country to live in, raise a family in, and enjoy the highest standard of living in history. We owe it all to you. So, again, Thank You!!!

Bob

San Diego County Emergency Notification Tip: Register Your Cell Phone to Your Home Address

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Mon, 29 Oct 2007 17:30:00 -0700

The County of San Diego, in partnership with Twenty First Century Communications, Inc., has instituted a regional notification system that will be able to send telephone notifications to residents and businesses within San Diego County impacted by, or in danger of being impacted by, an emergency or disaster.

This system, called AlertSanDiego, will be used by emergency response personnel to notify those homes and businesses at risk with information on the event and/or actions (such as evacuation) they are asking you to take. The system utilizes the regions 9-1-1 database, provided by the local telephone company(ies), and thus is able to contact land-line telephones whether listed or unlisted. It is TTY/TDD capable. If the call is picked up by an answering machine, the system will leave a voice message. If the telephone called is busy or does not answer, the system will redial that number up to three times in an attempt to deliver the message.

Because the system uses the 9-1-1 database, only land-line numbers are in the system. If you have a Voice over IP (VoIP) or cellular telephone and would like to be notified over that device, or if you would like an email notification, you must register those telephone numbers and/or email address for use by the system. To register your VoIP, cellular telephone or email address, please fill out the registration form at: http://www.sdcounty.ca.gov/oes/ready/signup.html .

Each number and/or email provided will be added to the regional database. It is important to note that each number and/or email registered can only be associated with one address in the system. The telephone number you register will be called only when the address it is associated with is impacted by a disaster or emergency.

There is no better way to protect yourself than be ON THIS NOTIFICATION SYSTEM!!

It worked for my family. It worked for my relatives and it worked for my friends. If you are one of the thousands that are going to cell only for phone service, you must get that cell registered with the County system. Do it today! Again the link is:

http://www.sdcounty.ca.gov/oes/ready/signup.html

Bob

A Halloween to Remember - Witch Creek Fires Continue

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Fri, 26 Oct 2007 15:32:00 -0700

While most of the fires have been put down, the Witch Creek fire continues to burn in the east on Palomar MT. and nearby areas. It is anticipated that all fires will be in the mop up stage on Halloween, one cannot ignore the irony of Halloween and the Witch Creek fire colliding in San Diego this week.

Thousands have lost their homes. More have been injured, or displaced by one of the many fires in San Diego County. And then there are the victims of Riverside, San Bernardino, Orange, Los Angeles and Ventura. Truly a ghoulish coincidence.

Between now and Thanksgiving, let's focus on coming together and healing. No we can't rebuild the homes that fast, but we can start rebuilding our lives. We can reconnect with family and friends and strengthen those bonds with love. We can put this behind us and focus on a time of Thanksgiving, followed by a season of joy and a Happy & Prosperous New Year.

I have heard some compare San Diego's Disaster Response to the response in New Orleans. While some comparisons are valid (most notably the difference in Federal Response) most are not fair to compare. Why? We, San Diego, did NOT have EVERY major road destroyed; ALL WATER gone; ALL SEWER gone; ALL ELECTRICAL gone; ALL GAS gone; ALMOST ALL INFRASTRUCTURE gone. Yes we had a major disaster, "A" major disaster. But we still had all the other resources to respond to the disaster.

I am so proud of how the emergency was handled. How the citizens of San Diego responded. How the inter agency efforts worked. How musicians and entertainers just showed up at shelters and entertained. That's the San Diego spirit!!!

Now if we can only get CalFire to get off their high horse and work with the Military, everyone in California would be safer.

Bob

Evacuations and Emergency Information

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Wed, 24 Oct 2007 14:01:00 -0700

OK ... So you have been evacuated. When can you go back???

Here is the best link to see the most recent OFFICIAL information.

San Diego Emergency Services

Once at their site, click on the most recent "Countywide Fire Map ..." This changes every 4 to 6 hours when they update.

When you open this map (save a copy to your desktop) you can see all the key information about the fires.

Read the "Map Key" to understand the color coding and symbols. This map is the OFFICIAL map of all fire information. You will see copies of this map on TV and in the newspapers.

When an "Evacuation Area" is declared safe to repopulate, the map will note it in Green. This just happened to my area in Rancho Penasquitos. So Hurray!! We are going home. And from my constant monitoring ... I know my home is safe.

These instructions will give you the best source of information, and a source you can update frequently.

Be Safe

Bob

If You Need to Evacuate ... What to Bring.

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Mon, 22 Oct 2007 12:28:00 -0700

If you need to evacuate from a Fire Zone in San Diego County ... the following are the key items to pack and bring according to the Burn Institute. You can link to them using this link: Burn Institute

Here is the list:

Burn Institute News
October 22, 2007
Contact:
Diane Sparacino858.541.2277

WILDFIRE EVACUATION INFORMATION

WHAT The San Diego County Fire Chiefs’ Association and the Burn Institute recommend the following Wildfire Evacuation Tips for residents of San Diego County:

EVACUATION PLANNING TIPS

(#1) MAKE A LIST OF IMPORTANT ITEMS Always keep sturdy boxes handy and make a list of important items you need to take with you during an evacuation:

• Prescriptions, medications

• Eyeglasses

• Important financial docs, tax records, photos, etc.

• Homeowner’s/Renter’s insurance policies

• Jewelry

• Pet, pet food, leash (and carrier, if possible)• Child’s favorite toy

(#2) PREPARE AN EMERGENCY SUPPLY KIT If you have time, assemble an Emergency Supply Kit that includes items you’ll need in the case of an evacuation:

• Three-day water supply (1-gallon per person per day)

• Three-day food supply

• Change of clothing and shoes

• Blanket and sleeping bag

• First aid kit

• Battery-powered flashlight, radio, batteries

(#3) ESCAPE TIPS

• Close all windows and doors in the house.

• Leave exterior lights on to help firefighters find your house through the smoke.

• Do not leave garden sprinklers on – it wastes critical water pressure.

• Park your vehicle facing out so you have the best visibility when you have to leave and drive with your headlights on.

• Designate one emergency meeting place outside the home and one outside the neighborhood where family members can all meet.

• If fire overtakes you, you are much safer inside the car than out.

**The keys to surviving a Wildfire are:

Defensible Space, Defensible Homes and Evacuation Planning.

SPECIAL NOTE: James Floros, Burn Institute Executive Director is available for interviews to discuss wildfire evacuation protocol and related wildfire information. To schedule a phone or on-camera interview, contact Diane Sparacino at the number above.

Breakfast on the Pier - You Go!!! It's Great

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Fri, 19 Oct 2007 11:38:00 -0700

You have GOT to go to this event!! You get all you can eat pancakes while dining on the Ocean Beach Pier.

What a great way to start the day. Come for the cakes, stay for the beach. You can get ticket in advance, but not to worry if you don't have the time. You can pay at the door!!!

Your donation helps support the Ocean Beach Christmas Food and Toy Drive. What could be better. You get the warm fuzzy of donating to a great cause ... PLUS the warm fuzzy of some of the best pancakes anywhere.

There might even be an adult beverage floating around!!

Bring your friends, bring your kids, bring your friends kids and be a real hero!

See you Sunday morning on the Pier!!!

Bob

Bernanke Sends Mixed Signals

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Wed, 17 Oct 2007 10:22:00 -0700

Well ... the pundits disagree. Leaving the rest of us wondering, "will the Fed drop the rate again???" Some say yes, some say no. Bernanke was speaking in New York yesterday and noted that there is still turmoil in the Mortgage Markets and Credit Markets. To see his comments click here: Bernanke. So we will need to wait and see if there are any further discounts to the Fed rate.

But remember, this rate will not DIRECTLY set the Mortgage Rate for lenders. The mortgage rate is more a function of the lenders ability to borrow money at a rate lower than you or me, and the mark it up to lend to us. So ... generally speaking as money gets cheaper for the bigger banks and lending institutions, they lower rates to be competitive and bring in new business.

Finally it is important to remember NONE of this effects qualifying (which is still based on your FICO and credit history) which determines IF you can get the loan at whatever rate they are offering. Also, you will still need to meet the Loan to Value / Closed Loan to Value (LTV / CLTV) ratios of the institution. Depending on your FICO, this can be anywhere from 70% CLTV to 95% CLTV. This is particularly critical when looking to REFI out of a bad Adjustable.

Go to Pink Flamingo Mortgage for more info on rates and terms.

Bob

Check Out Our Website Updates!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Tue, 9 Oct 2007 15:09:00 -0700

We have updated the Pink Flamingo Mortgage website with new and improved content, including new articles on mortgages in San Diego County. We still have the Free Sign Up for Homefinders Club the most powerful tool on the web; and we still have our monthly Newsletters; but now we have more hotlinks and better page interactivity.

Check on Today's Rates or check what is available for sale at Pink Flamingo Real Estate, either way you will get the most up to date information available on the web.

Bob

New Network Contact

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 4 Oct 2007 17:16:00 -0700

Tools You Can Use!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 4 Oct 2007 13:03:00 -0700

Homefinders Club is the most useful tool a buyer can sign-up for in their quest to find a new home and obtain the lowest cost mortgage. And best of all ... it is ABSOLUTELY FREE!! Go to Pink Flamingo Mortgage and click on the Homefinders Club logo to sign up, or just click on this hot link: Homefinders Club Sign Up and you will land on the sign up page.

Why are these tools SO useful?? Well that's pretty simple: Homefinders Club will help you shop the San Diego MLS and find the home of your dreams. You shop when YOU want to, not when the agents call. You can enter and change the number of bedrooms, square feet, and other factors as often as you want. You can set your "favorites" so that they system will keep working for you AFTER you log off. When a new home posts, matching your criteria, Homefinders Club will email YOU! You will know before 90% of the agents in San Diego.

Then when you find that dream home, one click will put your agent to work negotiation the price and another click will put your mortgage broker to work pre-qualifying your loan for the exact house you want.

Shop at lunch at work; shop at night in your PJ's (or nothing at all!!); any time you want to look at Real Estate, or shop Mortgages for a Refinance, HFC is always there waiting for you!! And remember ... IT'S FREEEEE !!!

Tell your friends to sign up; tell your neighbors to sign up; tell all your relatives to sign up!!!

Bob

Surfing a Turbulent Economy ... the Markets Up and Mortgage Rates are Down!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Tue, 2 Oct 2007 13:15:00 -0700

Have we hit bottom yet??? This is the question I am most often asked. Well it depends on your point of view. If you live in the more exclusive communities, I believe the answer is yes. If you live in the moderate to lower income communities ... maybe not yet.

But the market has rallied, the Fed did lower the rate and mortgages have followed suit and are down. For current mortgage rates go to Pink Flamingo Mortgage and see today's low rates.

In San Diego, the higher end communities have held steady. Some have even seen values rise a little. But other pockets in San Diego are down. Particularly the Downtown condo market. (Who told them to bring thousands of condo online all at the same time???) So where you live will influence how you see today's economy.

The Stock Market finished above 14,000 again, and looks like it will hold this time. But the Fed should look at another 1/4 to 1/2 point reduction in the Fed Rate to shore up this infant rally. Foreign markets have continued to drop rates and this has caused a weakening of the dollar. Good if you are an exporter, not good for the rest of us.

If the Fed helps us out a little more, this rally could start to turn the corner. Cheaper money will allow the banks to fund new housing starts with better mortgage rates. As sales pick up, value will begin to solidify and eventually start to rise. We have been through it before, but it never feels good while your in the middle of an economic stall.

The Presidential election should be good for the economy and rates. Incumbents like to see the economy growing, or else they might get tossed! So we will see what the future brings.

Bob

Fed's Move Creates Domino Effect

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 20 Sep 2007 09:33:00 -0700

The Fed's 1/2 point rate reduction earlier this week has started a domino effect rolling through mortgage rates. While the Fed rate really only affects the rate at which banks barrow money, it is cause for the inspiration of cheaper money. The more comfortable banks feel about the availability of money the more aggressive they can be on using this cheaper money. This "feel good" effect can pass through to many businesses, including the mortgage industry.

Already there has been movement in rates. For a full listing of current rates visit our website at Pink Flamingo Mortgage . And if you want weekly rates sent your email box to keep you up to date on the cost of money, sign up for Homefinders Club on our site. Homefinders Club is FREE and once you are a member you will receive weekly rate updates, and monthly mortgage news so you are always on top of the trends. AND, you can shop homes in San Diego Country any time day or night. You will get complete information, all current, and pulled from the local MLS. There is no easier way to stay informed on the local housing market.

Bob

Sunset of Sub-Prime in San Diego

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 6 Sep 2007 11:51:00 -0700

Here at Pink Flamingo Mortgage we track hundreds of funding sources so that we can find the right fit for every client's mortgage needs. But the industry is having a shakeout of funding sources. This is all the more reason to use Pink Flamingo so that we can find a reputable source that will still be in business when we go to fund your mortgage at the close of escrow. We have heard stories of underwriters closing their doors just as a customer was trying to close escrow.

Here are some of the lenders to avoid:

LENDERS WHO APPEAR TO HAVE CEASED DOING BUSINESS

We have received information that the following lenders are not accepting new loan applications or closed their lending operations in whole or part.

Accredited Home Lenders
Acoustic Home Loans
Alliance Home Funding
American Brokers Conduit
Ameriquest Mortgage
Ameritrust Mortgage
BNC Mortgage/Aurora
Bay Capital
CIT Group
C-Bass LLC
Central Pacific Mortgage
Columbia Home Loans
DeepGreen Financial Eagle First Mortgage
EquiBanc Mortgage
Entrust Mortgage
FMF Capital LLC
Fieldstone Mortgage Company
First Horizon National
First Magnus Financial—Chapter 11 Case 4-07-bk-01578 (Arizona)
Freedom Mortgage Wholesale Division
Funding America LLCGreenPoint Mortgage
H&R Block Mortgage
HomeBanc Corp. d/b/a HomeBanc Mortgage Corporation (Atlanta Georgia)
Harbourton Mortgage
Heartwell Mortgage
Impac Mortgage Holdings
Ivanhoe Financial, Inc. (Orlando Florida)
Investaid Corp.
Landcaster Mortgage
Lenders Direct Capital
Loan City
MLSG Home Loans (May be related to American home Mortgage Corp.)
Master Financial
Meritage Mortgage
Millennium Bankshares
Millennium Funding Grp
National City Home Equity (Cleveland Ohio)
NovaStar Mortgage Wholesale
Opteum Fin’l Wholesale
Peoples Mortgage
Popular Financial
Sebring Capital
SouthStar Funding
Starpointe Mortgage
Summit Mortgage
Texas Capital Bank
Trump Mortgage
Warehouse USA

This list is not intended to be inclusive of all lenders who have indicated they will be pulling back from their loan programs. Please verify, information to be deemed reliable, but not guarenteed.

So where DO YOU GO?? It changes every day ... but we can find you a lender!! Give us a call at Pink Flamingo Mortgage, and we will work with you to make your dream of home-ownership come ture!

Bob

Conceptions Children's Resale Business Opportunity!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Wed, 29 Aug 2007 15:47:00 -0700

So you want to own your own business!!! Well you are in luck ... Conceptions Children's Resale is FOR SALE!! And you know the Realtor / Attorney / Broker who has it listed for sale. That's right ME! Pink Flamingo Real Estate has just listed Conceptions Children's Resale as their second Business Opportunity for sale. This business is very unique, and is perfect for a hands on owner who wants to run the shop.

Conceptions has been around for over 16 years, and has had the same owner for the last 3. Sales have continued to grow as this business is well suited for a slow economy. The concept is simple, "Why pay for NEW if you can't tell the difference?"

Conceptions searches the swap meets and garage sales to find wonderful like new clothes, toys, games, everything a kid would want!! Then they "prepare" the item for sale and price it at a great discount. Items are therefore recycled, the customers get a "like" new item for a lot less, and the owner makes a profit. Win, win, win and WIN!

Last year Conceptions gross a little more than $250,000 with this business plan. They have a great lease in place with another 3 year option; a large inventory; new paint inside and out; and new signage to be installed in the very near future.

Conceptions has also just posted a brand new web site: http://conceptionsresale.com/ and is looking forward to building a strong web presence. This could grow into another retail outlet, but for now it is just marketing and customer retention.

Speaking of customers, Conceptions has followed a marketing plan of "customers for life" and has large email / mail lists of customers who want to receive store information and sales updates. This is another facet of the marketing programs.

If you would like a tour, or more information, contact: Bob Glaser at Pink Flamingo Real Estate 858-496-8899.

The seller's are asking 1 times Gross for the business, which is $250,000. All documentation is available with an offer to purchase.

Bob

Open House This Sunday ... August 26th

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Wed, 22 Aug 2007 12:47:00 -0700

This Sunday, August 26th we will be holding an OPEN HOUSE for our listing at 3217 Fairway Drive in Spring Valley! Stop by and see this Newly Constructed Executive Home that sits on 1/2 acre of land. It is BEAUTIFUL!! Take the Virtual Tour on the http://www.fairway4sale.com/ web site, or come by on Sunday between 1 and 4 pm.

The driveways have just been poured and the landscaping is going in as we speak. The home features 4 Bedrooms, 3 Baths, 2700+ square feet of living space. There are NO Mello Roos or HOA fees BUT your children DO get to attend the La Mesa / Spring Valley School District. It is located in the La Mesa Country Club subdivision. For you agents out there, the MLS listing number is: 076063273.

You can find more details on this home below in a prior posting. And if you need a Mortgage for this new dream house, contact us at: http://www.pinkflamingomortgage.com/ . Click on Today's Rates to see our best loan options, or sign up for Homefinders Club in the Power Tools section for access to ALL HOMES listed on the San Diego MLS. Our Power Tools Empower YOU!

See you Sunday!!!

Bob

Don't Believe all the Gloom & Doom!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Mon, 20 Aug 2007 14:38:00 -0700

It's tough to read the Real Estate or Business sections of most newspapers these days without thinking the financial world is imploding. Well the Sub Prime melt down has had an effect, but the echo effect of the media piling on is more damaging.

The Sub Prime default rate is up, no argument. BUT, the rest of the mortgage market is still doing pretty good by all accounts. Why the hysteria? Well, a lot of corporations, pension funds, and other sources of money got into buying Bonds backed by Sub Prime mortgages. This has caused the pain of the increased default rate to be spread around more deeply than just the Sub Prime originators themselves.

To put it bluntly, some people got too greedy! They put a lot of money into risky bonds, and now they are paying the price. If that was the end of it we would not feel such a pinch. So what is happening?

Those with the money have become very conservative very fast. To protect their own rear ends. That means a lack of funding for ANY mortgage. In order to bring money back into the market, all companies will tighten requirements for obtaining a mortgage.

Another player is the FED. They just dropped the overnight rate by a 1/2 point. This caused a quick reaction on Wall Street, as money got a little cheaper. If the FED continues to lower the rate, and allow more supply of money, while Mortgage Originators tighten up lending requirements, the market will return to normalcy soon.

One important point to observe: It is even MORE important to have a personal, honest, Broker to help you find your way through this mine field. At Pink Flamingo Mortgage we hold your interests to the highest level. Not ONE of our past clients has a loan that is in jeopardy. Why? Because the loan we found was the RIGHT loan for them in the first place. Great rates, yes. But the right loan is even more important. We can help you find that loan ... the right loan.

Give us a call at 858-496-8899, or visit our web site at: www.PinkFlamingoMortgage.com to check out the best rates.

Bob

Pink Flamingo Real Estate's First Listing!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Wed, 15 Aug 2007 11:56:00 -0700

Buy This House!!!

Brand New Executive Home with Southern Views

Asking Price: $735,000
3217 Fairway Drive
Spring Valley , CA 91977

Map & Directions, Virtual Tour

New Construction Quiet street Southern views from living room & master bedroom. Custom Kitchen Design. Cable / Internet Ready throughout. Landscaped.
MLS Lisitng: 076063273
Square Ft: 2,742
Bed/Bath: 4 , 3
Year Built: New
Location: La Mesa Country Club
School: La Mesa / Spg Valley
Parking: Yes

• New Construction
• Fire Sprinklers throughout

• La Mesa/Spring Valley Schools
• Dishwasher / Disposal

• Almost 1/2 acre
• Micro Wave / Range Oven

• Cable / Internet throughout
• Garage Door Opener

• Central Forced Air & Heat
• Evening Lights / Mnts / Hills

Bob Glaser, Agent
Pink Flamingo Real Estate
8304 Clairemont Mesa Blvd
Suite 213
San Diego, CA 92111

Phone: 858-496-8899
Fax: 858-496-3980
E-mail: BGlaser@PinkFlamingoMortgage.com

Web Site: http://www.pinkflamingomortgage.com/

Shop Til You Drop ... It's Back to School!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Tue, 14 Aug 2007 10:35:00 -0700

Finances – Back to School

If you have a child that is headed back to school this month, then you are probably already thinking about school supplies. Now that many schools have reduced their spending, it means that you will be faced with having to purchase more school supplies as well as having to pay out of pocket for extracurricular activities.

For many parents, this can place a strain on the household budget (especially if your child considers that new mp3 player a school supply). Not only can you save money by starting your school shopping early so you can give yourself time to find the best bargains, but you can also involve your child in the shopping process.

By allocating a budget and involving your child in the shopping process, you can teach them a valuable lesson in handling money. Together, you can make a list of everything that’s needed for the new school year and shop together to obtain all of the items without going over budget.

Here are some numbers that will make you think!!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Mon, 13 Aug 2007 15:34:00 -0700

Poodwaddle.com

Welcome Conceptions Children's Resale!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Fri, 3 Aug 2007 16:50:00 -0700

Our newest "preferred referral" link is Conceptions Children's Resale in Santee. This is a hot concept. "Why buy Retail, when there is Resale!" is their mantra. They are a local shop in Santee who will shop the swap meets, garage sales, classified ads and more to find the greatest deals on gently used toys, cribs, clothes, games and everything a child could use!! Then you buy it at huge discounts off new.

They are located at 10438 Mission Gorge Road in Santee, or click on their name above and visit their web site. They are also listed in the Kudzu directory and you can look up their "customer reviews" to see what past customers think of their shopping experience.

All products are guaranteed and the savings are unbelievable! So shop Resale at Conceptions Children's Resale!!

Bob

Life's a Beach!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 2 Aug 2007 18:52:00 -0700

Well the mortgage market continues to melt down. Another Sub-Prime lender went belly up today (as in BK); another just closed their doors rather than take further risk.

So do you think the industry has learned any lessons? Not the one's we would hope they had learned. Are the "Stated Assets / Stated Income" loans gone? Well they are for residential customers and I believe that is a good thing.

But that doesn't mean they learned their lesson and went away ... Nooo!

Just last week I attended a seminar on the "New Frontier in Lending - Commercial Loans" And the lead topic was ... we still do "Stated Asset - Stated Income" loans. No need to prove anything. Same trick pony playing to a new crowd.

Now they are NOT doing 100% financing (and that is a BIG improvement that will protect investors) and they want a "Rent Analysis" to show income to support the loan. But they will do the loan as a SASI loan. Are we 5 years away from a commercial melt down to rival the current sub-prime fiasco??? Only time will tell.

In the meantime, those future clients who want 100% financing need to come to the table with at LEAST closing costs. And you will need a fantastic FICO (see prior articles on how to improve your FICO) to dazzle the lenders. But it can still be done.

Give me a call at 858-496-8899 with any mortgage questions. At Pink Flamingo Mortgage we will empower you with knowledge and then help find the perfect loan.

And please feel free to refer your friends and relatives that need a mortgage. Don't keep us a secret! Everyone knows at least one person that need some mortgage help from an honest professional. That's US!!

Bob Glaser

Life on the Fairway ... Fairway Drive for Sale

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Tue, 31 Jul 2007 15:23:00 -0700

How would you like to be living your life on the Fairway!! Well actually that sounds a little scary to me. I also think of how poorly I control a golf ball when I am out on the Fairway. But that concern aside, Pink Flamingo Real Estate has is first listing ... Fairway Drive in East San Diego County.

This is a BRAND NEW home, just completing construction. It has a beautiful view, modern kitchen, fully wired for media and it is on 1/2 acre of land.

Fairway Drive is on the south facing slop of a slanting foothill surrounded by serenity. Located in the La Mesa School District, this custom built home is waiting for a family to create memories within the near half acre that surrounds the house. Open spaces and panoramic vistas are the hallmark of this home. Combining large rooms and many windows the earth tones of this estate is reflected in the sunlight streaming through each room.

We have pictures, floor plans, and more information at: www.Fairway4Sale.com and of course you can finance this Dream Home at: www.PinkFlamingoMortgage.com

Bob

Intoducing Pink Flamingo Real Estate!!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Sat, 28 Jul 2007 18:04:00 -0700

Introducing Pink Flamingo Real Estate the new partner of Pink Flamingo Mortgage. Why two companies instead of just one? Well our Mortgage side will always focus on the financial details of the BEST mortgage for our client. It can be distracting trying to handle the Mortgage details and the Real Estate transaction.

Enter Pink Flamingo Real Estate. Our Real Estate office will specialize in the Real Estate transaction, buy or sell, and will work with the client from Internet Search (through HomefindersClub.com) to find a target property to Close of Escrow! The Realtors of Pink Flamingo Real Estate will NOT handle your mortgage, just your real estate transaction. The professionals of Pink Flamingo Mortgage WILL search out the BEST mortgage option to help close the deal and close the escrow.

While the two companies will share an office, they handle distinctly different customer needs. Those needs will be coordinated to a new standard in customer service. The synergy between the two entities will guarantee the best of both worlds working hand in glove.

Best of all, since the companies are related, we can reduce your overall cost of buying or selling any piece of real estate. One stop shopping, Team Service.

Bob

FIND YOUR DREAM HOME FAST!!!

BGlaser@PinkFlamingoMortgage.com (Bob Glaser) — Thu, 26 Jul 2007 22:24:00 -0700

IF YOU ARE CONSIDERING BUYING A HOME, I HAVE GOT TO SHARE WITH YOU THE BEST THING SINCE “SLICED BREAD” WHEN IT COMES TO FINDING YOUR HOME -- ITS HOMEFINDERSCLUB.COM.

WE SIMPLY ENTER YOUR CUSTOM SEARCH CRITERIA -- BEDROOMS -- BATHS -- SQUARE FOOTAGE -- PROPERTY TYPE -- AND ZIP CODE -- AND THE REST IS AUTOMATIC.

WITH HOMEFINDERSCLUB YOU ARE ACTUALLY GOING TO FIND OUT ABOUT NEW LISTINGS BEFORE 90% OF ALL REAL ESTATE AGENTS DO.

MOST BUYERS WASTE THEIR WEEKEND AWAY BY AIMLESSLY DRIVING AROUND TRYING TO FIND OPEN HOUSES AND THE NEW PROPERTIES ON THE MARKET. BUYERS SOMETIMES SPEND 3-4 HOURS A DAY DRIVING AROUND AND THEY STILL MISS OUT ON MANY NEW LISTINGS.

WITH HOMEFINDERSCLUB.COM -- YOU WILL ONLY SPEND 3-4 MINUTES A DAY AND NEVER MISS OUT ON ANY PROPERTY -- NOW YOU NOW DON’T HAVE TO BE A PRISONER OF THE "HOME BUYING PROCESS" ANY MORE -- YOU CAN NOW HAVE YOUR WEEKENDS BACK.

........ALSO, WITH HOMEFINDERSCLUB.COM, YOU CAN DO YOUR OWN PROPERTY SEARCHES, YOU CAN CHANGE YOUR SEARCH CRITERIA. YOU CAN SEARCH WHEN YOU WANT ( 24 / 7 ) NEVER WAITING FOR AN AGENT TO CALL YOU BACK. YOU CAN PRE-QUALIFY YOUR SELF, YOU CAN CALCULATE MONTHLY PAYMENTS -- PLUS A WHOLE LOT MORE.

MOST REAL ESTATE AGENTS USING HOMEFINDERSCLUB.COM HAVE ACTUALLY REPLACED THE MLS WITH THIS GREAT TOOL FOR THEIR PROPERTY SEARCH NEEDS -- ITS THAT GOOD!

SIGN UP BY GOING TO WWW.PINKFLAMINGOMORTGAGE.COM AND CLICK ON "POWER TOOLS" THERE YOU WILL FIND THE "SIGN UP" FORM. IT WILL TAKE ABOUT FOUR MINUTES AND THEN YOU WILL BE IN CHARGE!

BOB