About San Luis Obispo County, CA

I have an agent / REALTOR, but please show me the home.

I have been working with this agent / REALTOR, but she/he's not available.

I have an agent / REALTOR to represent me, but I don't wish to bother him/her as he/she is from out-of-area, and I like to see the property today.

I WILL ask my agent / REALTOR to write the offer, but I like you to show the property.

I only use my agent / REALTOR, but you can answer all my questions as you are the listing agent.

I am going to go back to my agent / REALTOR, but my agent / REALTOR said to call you and ask you to show the property to me.

These are just some of the many more similar examples that challenge agents/REALTORS every day.

I like to share this with all buyers.

When you are interested in a property, and already have an agent/REALTOR, please call your agent/REALTOR.

1. I repeat, please call your agent / REALTOR to show the property to you.
2. Your agent / REALTOR is going to represent you, and should help you address any questions that you may have.
3. If your agent / REALTOR covers the area where the property is located, he/she will also have access to the local Multiple Listing Service and be able to contact the listing agent to ask any question.
4. Your agent / REALTOR should also be able to furnish you with additional local information.
5. If your agent / REALTOR is unable to service or accommodate you, perhaps you need a new agent / REALTOR.
6. If your agent / REALTOR cannot help you find the answers to your questions, perhaps you should change your agent / REALTOR.
7. There is a lot of money involved in a real estate transaction, so if you do not know or trust your agent / REALTOR, perhaps you should look for another agent / REALTOR.

Buyers, please understand REALTORS have a schedule to keep. A REALTOR's time is important to him or her, like any other professional. If you already have representation, please do not waste the listing agent's time. Time is money in a business. Please be respectful, as you like to be respected, especially when you know that the agent / REALTOR would not charge you a fee to show the property to you. We have a binding agreement through our participation in our local Multiple Listing Service where a buyer's agent / REALTOR will receive his/her commission. Please be truthful, when you are asked if you are represented by another agent / REALTOR.

Agents/REALTORs - please be as respectful to your fellow Agents/REALTORs - please do not ask your clients to contact the listing agent for a showing if you are not available.

A courtesy call to the listing agent will be nice if you are truly unable to accommodate the showing, as most listing agents will be more than willing to help and faciliate the showing, and you know I am not referring to open houses.

I believe we need to 'treat others like how we like to be treated'.

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Info provided as a courtesy by Sherry Sim, Broker/Owner of Sims & Company, offering real estate services in Cayucos, Cambria, Los Osos, Morro Bay, San Luis Obispo & rest of beautiful Central Coast, San Luis Obispo County.

For real estate information, including list of foreclosures and short sales,

please call/text Sherry @ (805) 234-4315 or Email: Sherry@SherrySim.com.

Good morning to all! Here is today's mortgage rate update from our favorite loan agent Bob Franklin at Wells Fargo Home Mortgage located in the beautiful city of Pismo Beach California, "Where you can really feel the Beach Boys' song "Good Vibrations!" So here's Bob-

Looking for treasures and that something special? Each Spring, the city of Morro Bay throw an annual city-wide yard sale where over a hundred of residents register to sell and others as well as visitors partake in raking in great finds.

This year, the annual yard sale will be held from March 31st to April 1st.

Morro Bay residents' addresses are marked on a map for treasyre hunters.

For more information and to obtain a map, contact the

Morro Bay Chamber of Commerce (805) 772-4467.

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Info provided as a courtesy by Sherry Sim, Broker/Owner of Sims & Company, offering real estate services in Cayucos, Cambria, Los Osos, Morro Bay, San Luis Obispo & rest of beautiful Central Coast, San Luis Obispo County.

For real estate information, including list of foreclosures and short sales,

please call/text Sherry @ (805) 234-4315 or Email: Sherry@SherrySim.com.

When I was a very young boy, my parents had a house built. It was a 3,000 sq. ft. ranch style home with a full basement below it. I recall my father complaining to me, "How can I pay the mortgage? It's $289 a month, and that's not even counting the property tax! This was around 1970 as I recall. So my dad and mom decided to build an one bedroom apartment down below in the walk out basement with windows and a doorway that opened up into a patio area. It had one side that was on ground level so he figured it would be fine. I thought to myself what a hassle it would be to have renters down below. We would lose a lot of privacy. So I asked him how much he was going to charge for it. He replied, "$95 a month with utilities." I thought he was crazy at the time. I brought up all my arguments against it like how they could hear us upstairs, and what if they were slobs. He just commented that he could use the money to pay bills and that sky high mortgage of $289 a month!

Well as time went on that one bedroom apartment went from $95 to $200 and it was finally $390 at the end of the 1980's. But their mortgage was still $289! As many of my younger who didn't live through the 1970-1980's period we had high inflation. The cost of living sky rocketed up, but your mortgage remained the same. I remember my father saying that he wished he would have built or bought apartment complexes back then.

Now here is my point! For the past 6 years we have been going through a general housing deflation. We had a housing bubble, and when it popped prices plunged. Now we finally have prices that are affordable again. And in this area the rents have be increasing by 4.7%. Like all cycles soon the deflation will end and prices will start to climb again, and we will even see the return of inflation. As the Fed. continues these record low interest rates, and they continue throwing money into our worldwide economy inflation will take off. Hold on to your wallets! If you aren't prepared for it will rob you of your retirement and severely limit your buying power. One catalyst would be what set off inflation in the 1970's rising oil prices and excess government spending.

An example of hyperinflation was Germany in the 1920's and more recently Argentina. Can't happen here! Yes it can! Could you imagine what an inflationary shock we would experience if we had another middle east war and the price of a gallon of gasoline went to over $10! How many people could go to work, and massive inflation would follow. Remember the average delivery to a grocery store is from hundreds and even a thousand miles away.

So what historically have been good hedges against inflation. Gold, silver, commodities, and yes, real estate. With prices at the most affordable level in years, it is time to buy. Investor are entering the market! They are tired of getting .4% annually on their money. Since the supply vs demand curve is starting to tilt toward buying get your pre-approval and down payment saved. At my web site http://www.myslohomefinder.com I have seen a 50% increase in buyers looking for homes. Don't wait too long or you may not be able to buy a place. Also something to consider is a rental. I'm not asking the question "Dad why do you want a rental" anymore!

Good morning to all! I have today's mortgage rate update from our favorite loan officer Bob Franklin at Wells Fargo Home Mortgage located in the beautiful city of Pismo Beach California, "Where the surf is always up! And the people are always friendly!" So here's Bob-

The Day Ahead: Jobs Report and Hammering Out Greek PSI Details

NFP Slightly Higher Than Expected, Healthy Upward Revisions. Nonfarm Payrolls +227k (est. 210,000), Jan revised to284k from 243k. Trade Gap Widest Since October 2008. Trade Deficit $52.57 Bln (Consensus $49.00 Bln), Dec Deficit revised up to $50.42 Bln (Prev $48.80 Bln), Exports +1.4 Pct Vs Dec +0.4 Pct, Imports +2.1 Pct Vs Dec +1.6 Pct.
Dow is trading at 12,948.21 +40.27 the 10 yr bond is at 2.04% from 1.99% Yesterday, . Currently mortgages are a little worse from Yesterday

Conv.- 3.875%
FHA. - 3.75%

Make it a Great Weekend!!



Bob Franklin

Mortgage Consultant
NMLSR ID 248760

Wells Fargo Home Mortgage | 575 Price St, Suite 105 | Pismo Beach, CA 93449
MAC E2396-011
Tel (805) 550-3395 | Fax (877) 609-0926

Bob.Franklin@wellsfargo.com

www.wfhm.com/Bob-Franklin

See this listing at www.myslohomefinder.com