Kelly Turbeville - Real Estate Possibilities in the Saddleback Valley

Did you hear the news today, first-time home buyers, the California Association of Realtors, yes that is us Realtors, understands one of the major hurdles you have towards purchasing your first home is security with your job. With that hurdle in mind, a new program was been introduced.

The program is called the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP) and provides first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month for up to six months to help make their mortgage payments. A qualified co-buyer also can participate in the program, for a reduced monthly benefit of $750 per month for up to six months in the event of a job loss. Program benefits also include coverage for accidental disability and a $10,000 death benefit. C.A.R.'s Housing Affordability Fund is dedicating $1 million to the program this year, and estimates that as many as 3,000 families will benefit from the program throughout 2009.

To qualify for the Mortgage Protection Program, applicants must:
. Be a first-time home buyer - someone who has not owned a home in the last three years
. Open escrow April 2, 2009, or later, and close on or before Dec. 31, 2009
. Use a California REALTOR® in the transaction
. Purchase the property in California
. Be a W-2 employee (cannot be self-employed or military personnel)

OK, are you paying attention, that is unheard of security, for the one thing that is probably holding you back the most. What else could be, home pricing is down to 2003 levels, interest rates are down to historic levels, you have the opportunity to receive a $8000.00 tax credit plus and banks are opening up their credit lines. Now is the time buy!

The next step is to find a Realtor who works with First-time buyers and understands your hesitations but more importantly understands your ultimate goal to buy your first home. A Realtor who's business plan includes first-time buyers, is willing to pound the pavement with you, hold your hand and ensure you have a clear understanding of what is required to make your dream become a reality.

Kelly Turbevilleis a leading real estate professional in the Saddleback Valley, who's passion is working with First-Time Buyers. There is nothing better then handing a first time home buyer the key's to their first home. Should you be considering taking the steps towards home-ownership, then give Kelly a call, she is a trusted source to turn to.

The above information is deemed reliable but not guaranteed

When you come through Portola Hills, you probably don't think of business. That is part of what makes Portola Hills such a special place to live, there really isn't any commerce. But is there.....

Ask yourself?

• What do your neighbors do for a living?
• How does their success add to the success of your neighborhood?
• Do you have a need that a struggling neighor could help you with?
• Did you know your neighbor has a home based business that may actually help you and your business.
• Need an Attorney, Landscaper, Hair Stylist, Let's not forget Realtor! - bet there are few of those here in Portola Hills that would love your call.

Have you noticed in today's world everyone comes home and drives straight into their garage, no hello's, no hand shakes, no hugs, the goal being in and out of the home with as little interaction as possible. No ill-will intended just gotta get dinner going!

But in today's economy this is the exact opposite of what we all need to do. We need to understand what our community needs and how we can assist in keeping it such a great place to live. This ecomomy is touching eveyone, not just the local store on the corner. It has touched, the Avon Lady, Landscaper, Consultant probably more then most as they are self employed and have little help to turn to.

So next time you think of a need, maybe consider looking out the door or asking a neighbor if they know someone who could help. Better yet, check out our local blog or LocalAdLink.com. Have a business you want to advertise, let us know and we will include a link right here Portola Hills Living and do a write on your business.

Since your are reading this article, by now you know, my passion is Real Estate. The reason I went into real estate is I love the idea of communities and helping homeowners become part of one. Recently, I decided to take that involvement another step and help local business expand their business on line. Should you have a home based business, store front or service business and are a resident of Portola Hills, contact us to see how we can help you expand your business and ultimatly keep local dollars in Portola Hills.

Wondering how the Portola Hills Real Estate Market closed out in 2008. This is your look. There was good and bad but I am sure you are like most, looking forward to a new year. But when it comes to real estate we can't move forward without understanding where the past has left us so this report was designed with that in mind. Enjoy!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills eNews

Portola Hills Mello Roos - Wonder what the maturity dates of the mello roos bonds in the area are:

• S2 Mello Roos – Current bond is schedule to mature 2016
• R3 Mello Roos – Current bond is schedule to mature 2015
• Q1 Mello Roos – Current bond is schedule to mature 2011

One thing to keep in mind w/Mello Roos bonds they have individual terms and though the maturity dates could continue further. Example – The S2 Mello-Roos has no specified end date, however the bonds that have been issued thus far are scheduled to mature in 2016. The district has not yet issued up to the maximum authorized amount of bonds which means they could issue more bonds if they see a need and Mello-Roos could continue until all authorized bonds have been issued and are paid off.

When attending the Community update of the Portola Hills Center it was mentioned that the new development may help in reducing these bonds for current residents as they would spread over the new development.

Portola Center Update: Wondering what is the next phase of the development is? I had a quick conversation with the developer to see what the status was and he noted the following:

“We are in the process of preparing the next round of plans for Portola Center, which include an Area Plan and subdivisions maps. We hope to submit these plans to the City in about a month. Based on these plans the City will have to prepare an Subsequent EIR evaluating the environmental impact of the proposed plans. That process should take about 9 months”

Have Loan Modification Questions? We are hosting a webinar 11/12 to help you learn more about the possibilities. Check it out from the comfort of your own home! Contact Kelly to reserve your reservation link.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills Elementary is holding it's annual Holiday Craft Boutique and it is a community event that should not be missed.

When Oct: 28th - 11 am - 6pm.

Location: Portola Hills Elementary in the Multi-Purpose Room

Stop in, meet up with friends, get some early christmas shopping done all while supporting the school.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.