What to do around town:
Aug. 31
Melissa Etheridge
Orpheum Theatre
Sep. 03
Led Zepagain - A Tribute to Led Zeppelin
House of Blues - Anaheim
Sep. 03
Tyrone Wells
Coach House
Sep. 03
Jim Jeffries
Club Nokia
Sep. 04
Smtown Live 2010 World Tour
Staples Center
Sep. 04
Secondhand Serenade
House of Blues - Anaheim
Sep. 08
Justin Nozuka
House of Blues - Anaheim
Sep. 09
Walking with Dinosaurs
Staples Center
Sep. 09
Walking with Dinosaurs
Staples Center
Sep. 10
Doobie Brothers
Pechanga Resort & Casino
Sep. 10
Chivas USA vs New England Revolution
Home Depot Center
Sep. 10
Trey Songz with Monica and special guest Dondria
Club Nokia
Sep. 10
The Doobie Brothers
Pechanga Resort & Casino
Sep. 11
Trey Songz with Monica, Monica
Club Nokia
Sep. 11
LA Galaxy, Columbus Crew
Home Depot Center
Monday, August 30, 2010
Sunday, August 29, 2010
Advice from Warren Buffet
Following the advice of Warren Buffet
Buffet has said that the worst of the country's housing problems should be over by the end of the year, and that builders should stop putting up new houses until the existing inventory clears. He's also encouraged young couples to speed up the number of household formations, with tongue only partially in cheek. Clearly he sees an eventual turnaround in real estate prices and activity.
His long-standing practice of buying into sectors that most people aren't touching was exemplified this week as he purchased numerous real estate companies. We probably won't be buying up companies but on a smaller scale we can be taking advantage of some local bargains.
Once you find a bargain property look at the financing terms with 3.5% down payment or more, interest rates are at a 40 year low! As an example a $400,000 property with 20% down would have a loan of $320,000 fixed rate for 30 years. At 4.25% the monthly mortgage payment would be approximately $1575 a month, not calculating any tax benefit to you. Would you like to know what the monthly cost of ownership would be on a purchase? Pick up the phone, right now, and call us at 949-661-4663 or email Lee@LeeandRuss.com. Warren Buffet wasn't waiting, why should you?
Come visit http://www.LeeandRuss.com for more information.
Your friends in the business,
Lee and Russ
Buffet has said that the worst of the country's housing problems should be over by the end of the year, and that builders should stop putting up new houses until the existing inventory clears. He's also encouraged young couples to speed up the number of household formations, with tongue only partially in cheek. Clearly he sees an eventual turnaround in real estate prices and activity.
His long-standing practice of buying into sectors that most people aren't touching was exemplified this week as he purchased numerous real estate companies. We probably won't be buying up companies but on a smaller scale we can be taking advantage of some local bargains.
Once you find a bargain property look at the financing terms with 3.5% down payment or more, interest rates are at a 40 year low! As an example a $400,000 property with 20% down would have a loan of $320,000 fixed rate for 30 years. At 4.25% the monthly mortgage payment would be approximately $1575 a month, not calculating any tax benefit to you. Would you like to know what the monthly cost of ownership would be on a purchase? Pick up the phone, right now, and call us at 949-661-4663 or email Lee@LeeandRuss.com. Warren Buffet wasn't waiting, why should you?
Come visit http://www.LeeandRuss.com for more information.
Your friends in the business,
Lee and Russ
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