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Joni Gordon

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ARE YOU READY TO RETIRE?

07-01-09
Joni Gordon

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Stressed, But Still A Success

05-11-09
Joni Gordon

STRESSED, BUT STILL A SUCCESS

It's official: Our financial system isn't going to collapse after all. I think we all knew that, but the Federal Reserve went out of its way to prove everything was okay by "stress testing" the banks. The Fed's test measured bank reserves based on what's known as common equity, the value of a company's common stock and profits. The test revealed that some of the banks have sufficient reserves by traditional measures, which include other credit-related assets, but fall short by this narrower standard. The bottom line is the nation's biggest banks are regaining their health, which should translate into a greater willingness to lend.

The stress test was a part of the Obama administration's plan to fortify the financial system. As home prices fell and foreclosures increased, banks took huge hits on mortgages and mortgage-related securities they were holding. The stress test has been criticized as a confidence-building exercise whose rosy outcome was inevitable. But the information, which leaked out all week, was enough to provide a much-needed dose of market confidence.

The stress test result is yet another sign that we are well on our way to an economic recovery. We begin this year saying we expect January 2010 to look a lot better than January 2009. Our prognostication appears to be headed in the right direction. It's also worth remembering that recoveries mean markets start tilting more toward the seller's side, so this unprecedented buyers market in housing we've witnessed over the past 18 months is less likely to last much longer.

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Email to: Patricia.A.Wilson@Floridahomefinancegroup.com
www.mortgagesfrompatti.com

This Newsletter is for informational purposes only. The information contained herein may not be applicable to every situation or jurisdiction and we urge you to consult your professional advisor prior to acting on information contained herein. The content, accuracy and opinions expressed herein are not verified or endorsed by the sponsor hereof.

EQUAL HOUSING OPPORTUNITY
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Stressed, But Still A Success

05-11-09
Joni Gordon

Stressed, But Still A Success

It's official: Our financial system isn't going to collapse after all. I think we all knew that, but the Federal Reserve went out of its way to prove everything was okay by "stress testing" the banks. The Fed's test measured bank reserves based on what's known as common equity, the value of a company's common stock and profits. The test revealed that some of the banks have sufficient reserves by traditional measures, which include other credit-related assets, but fall short by this narrower standard. The bottom line is the nation's biggest banks are regaining their health, which should translate into a greater willingness to lend.

The stress test was a part of the Obama administration's plan to fortify the financial system. As home prices fell and foreclosures increased, banks took huge hits on mortgages and mortgage-related securities they were holding. The stress test has been criticized as a confidence-building exercise whose rosy outcome was inevitable. But the information, which leaked out all week, was enough to provide a much-needed dose of market confidence.

The stress test result is yet another sign that we are well on our way to an economic recovery. We begin this year saying we expect January 2010 to look a lot better than January 2009. Our prognostication appears to be headed in the right direction. It's also worth remembering that recoveries mean markets start tilting more toward the seller's side, so this unprecedented buyers market in housing we've witnessed over the past 18 months is less likely to last much longer.

Email to: Patricia.A.Wilson@Floridahomefinancegroup.com
www.mortgagesfrompatti.com

EQUAL HOUSING OPPORTUNITY
This Newsletter is for informational purposes only. The information contained herein may not be applicable to every situation or jurisdiction and we urge you to consult your professional advisor prior to acting on information contained herein. The content, accuracy and opinions expressed herein are not verified or endorsed by the sponsor hereof.
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PREPARING TO CHOOSE YOUR NEW HOME

10-29-08
Joni Gordon

SEEK HELP: Your home is one of the largest investments you will make in your life. Make sure that your transaction goes smoothly. It is very important that you choose the right agent to represent your interests. The right agent will be someone whose experience and personality makes you feel comfortable. As a member of LaGace & Whitt Partners, I am proud to say that our numbers speak for themselves with over $15,000,000 in sales to date in 2008. We are in the top 1% in the entire Fort Myers, Cape Coral and Lehigh areas for closed transactions.

GET PRE-APPROVED: Do you already know how much home you can afford? There is nothing more frustrating than looking for a home, finding the perfect home, and then discovering that it is out of your price range. I can recommend a lender who can determine the different financing options available to you. When you find the right lender, have them get the paperwork processed so that you are ready to buy when you find the home of your dreams.

AVOID MAKING MAJOR PURCHASES: To determine the cost of the home you can afford, a lender uses your debt-to-income ratio. This ratio is based on the percentage of your gross income that you spend on debt. Your debt ratio will include: monthly housing costs, car payments, credit cards, student loans, and any other installment debt. If you take on more debt right before buying a home it is going to have an impact on the amount of the loan that the lender will finance.

SIGN UP FOR PROPERTY WATCH SERVICE: In order to make an educated decision you need to know what is available and how much it is going for. You can browse all the active listings from our team website at www.capecoralc21.com. Once you have found some homes you like, save those listings and sign up for a Listing Book Account at http://www.jonigordon.listingbook.com . New listings will be e-mailed to you in a daily report. This account gives you access to the same database that we use in the Real Estate industry - and you can access it 24/7 from any computer!! Listingbook will provide you with up-to-the minute data on all of the properties on the market that are of interest to you. The best homes move quickly so you need to make sure that you are aware of the available inventory at all times. DON'T MISS OUT !!

HAVE A HOME INSPECTION: The last thing you want to find out after you have bought a home is that you have purchased a home with problems. By that I mean a home that is full of defects that are going to end up costing you a lot of money. Save yourself a lot of time in possible lawsuits and/or renovation by bringing in a licensed home inspector before you buy. If any problems are found it will keep you from making a bad decision or help you negotiate a better price. •·

REMEMBER, if you have any questions I am always just a phone call or email away. Joni Gordon LaGace & Whitt Partners Century 21 Birchwood Realty, Inc. 239-826-7322 mailto:gordonjoni@yahoo.com http://www.jonigordon.listingbook.com

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OWNER FINANCING IN CAPE CORAL, LEHIGH ACRES

10-29-08
Joni Gordon

OWNER FINANCING IS AVAILABLE ON NUMEROUS PROPERTIES IN

SOUTHWEST FLORIDA

If you are having trouble qualifying for conventional financing, have had a recent foreclosure, have had to short sale your home, and thought you never going to be able to qualify for your own home or you are an investor looking to purchase some of the unbelievable deals that are on the market at this time, please contact me.

Our team has vast knowledge of owner-financing as well as conventional financing. We have recently sold several owner-financed homes and have helped families who have lost their homes to foreclosure get into brand new homes, with little or no money down. It is very easy in most cases to get qualified for owner financing as long as you are employed and are able to afford the new purchase.

Our team is LaGace & Whitt Partners, the #1 Team at Century 21 Birchwood Realty for 2008. LaGace & Whitt Partners are in the Top 1% of Sales for Lee County and #42 in Closed Transactions in the entire USA. No other team comes close to the Customer Service that LaGace & Whitt Partners provides our Buyers and Sellers. In this market you deserve a Team that is will represent you in the best possible way.

DON'T SETTLE FOR SECOND RATE WHEN YOU CAN HAVE THE

ORIGINAL #1 TEAM IN CAPE CORAL REAL ESTATE!

For more information, please contact:

Joni Gordon

Century 21 Birchwood Realty, Inc.

239-826-7322

www.capecorqalc21.com

www.jonigordon.listingbook.com

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