Kelly Turbeville - Real Estate Possibilities in the Saddleback Valley

Received this great information on the how the current Economy is impacting Single Women and the numbers are surprising. For more detailed information, check out one of my favorite web-sites www.WVWV.org

Make sure the person and or people you are voting for in your community are taking these figures into account. Personally, I think little has been spoken about Singles and if there has been any discussion it is not normally with Single Women. Yet is is a huge demographic that should not be overlooked.

• Income:
  Unmarried women earn only 56 cents for every dollar that married men make. [Center for American Progress, 4/25/08]
  
• According to analysis of data from the Panel Study of Income Dynamics for individuals 25 to 61 years old, female-headed households have twice the likelihood – 13.5% - of seeing a 50% greater drop in their income than male-headed households’ probability – 6.6% - of such a drop. The probability of a major income drop for female-headed households has risen in the last two recessions. [“Taking a Toll: The Effects of Recession on Women,” Prepared by the Majority Staff of the Committee on Health, Education, Labor and Pensions, 4/18/08]Jobs:
  
• Single mothers’ unemployment rate rose from 6.7% in March 2007 to 7.1% in March 2008 – eclipsing the national average. [“Taking a Toll: The Effects of Recession on Women,” Prepared by the Majority Staff of the Committee on Health, Education, Labor and Pensions, 4/18/08]
• Retirement Security:
  Single women estimate needing a median amount of $500,000 by the time they reach retirement. However, more than one-third report that they have saved less than $25,000 for retirement, while only one in 10 report having saved more than $100,000. Only 69% of single women who work full-time report that their current employer offers them a 401(k) plan. Sixty-four percent of single women who work part-time have no retirement benefits offered to them by their employer. [Ninth Annual Transamerica Retirement Survey, 9/17/08]Savings:
  
• Female-headed households are at a distinct disadvantage in recessions because they have fewer savings to draw upon. In an analysis by Harvard Professor Mariko Chang of the net worth of all unmarried women, he found that their median net worth was $12,900 – less than half the $26,850 for unmarried men. He found that the wage gap is the primary cause of this inequality of wealth – accounting for 39% of the disparity for never-married households and 18% of the disparity for divorced households. [“Taking a Toll: The Effects of Recession on Women,” Prepared by the Majority Staff of the Committee on Health, Education, Labor and Pensions, 4/18/08]

• Bankruptcy:
  Single women are the most likely demographic group to file for bankruptcy and comprise 40% of all bankruptcy filings. Single women with children are even more likely to file for bankruptcy, at an estimated rate of 21 out of every 1000 families. [Dunleavey, M.P. , “Seven Ways to Fight Off Bankruptcy,” MSN Money]Poverty:
  
• More than half of all poor adult women - 54 percent - are single with no dependent children.
• Twenty-six percent of poor adult women are single women with dependent children [“The Straight Facts on Women in Poverty,” Center for American Progress, 10/08]Housing:
  
• About 43 percent of single women were using more than 30 percent of their income each month on housing payments, compared to the 30% of unmarried men and 25% of married couples who were spending more than 30 percent. [Joint Center on Housing at Harvard University]
  
• Single women have been among the fastest-growing groups of homeowners in recent years. In Baltimore, single women accounted for 40% of home sales in 2006, twice the national average. Nearly half of these mortgages were subprime, according to the National Community Reinvestment. [New York Times, 1/15/08]

Remember, if you have a Single Friend in need of help, we want to help here.

One area we can make an impact in is in the Foreclosure rate, if you currently own a home and want advice on how to keep it, contact Kelly today. A Loan Modification may just be the thing to help you save your home and Kelly has added this to her business services with Singles in mind.

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!

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

I found this fascinating article today:

The number crunchers at Real Estate Economics in Irvine have their third-quarter local housing market rankings out. The results parallel what we’ve been reporting: Strength has moved inland!Lake Forest called O.C.’s hottest housing market - Lansner on Real Estate - OCRegister.com, Oct 2008

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 10/6

What is Loss Mitigation? It allows for Negotiations on your behalf with your lender. This is not a new loan and won’t change your home title. It’s the process of engineering a solution for both the Homeowner and Lender.

But it is not as simple as a phone call to your lender, if you have tried to go to them for help then you understand. The process is made possible by a deep understanding of Lending guidelines, Lender protocol and procedures, knowledge of State and Federal laws and regulations; focusing on the goal to secure more affordable terms for the homeowner while managing the risk and losses of the Lender.

Kelly is pleased to announce she is an affiliate of TVC Financial. TVC is a financial services company out of San Diego who has helped hundreds of homeowners each month solve their mortgage problems through restructuring and debt resolution.

Should you have concerns with your current mortgage make sure to call Kelly to review your possibilities! Homes are saved everyday!

Buyer Needs: I have several buyers looking for homes and have seen everything fitting their needs currently on the market but to no avail. They are not interested in buying a short sale property (which is the primary number of properties on the market), so if you are considering selling your home, please contact Kelly ASAP.

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.

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The answers lie within the fact that your home, yes is an aspect of financial security, but more importantly represents a life! So as with any loss, comes profound sadness and high anxiety.

Many are living in quiet desperation, realizing that something has to give, but loosing your home, represents more then moving, so we try to hold on. Trying to deal with increased Interest Rates or Monthly Payments, Negative Equity, Lower Property Values, looming Mortgage Resets, living on Credit to make ends meet and it all becomes a vicious cycle.

So where do you turn, many decide just to walk away. Others search for answers, realizing loosing their home is more then just finding a new place to live rather the need to take a positive step towards rebuilding security.

There is a light at the end of the tunnel. Help is out there and you might be a perfect candidate for a Loan Modification through Loss Mitigation.

What is Loss Mitigation? It allows for Negotiations on your behalf with your lender. This is not a new loan and won’t change your home title. It’s the process of engineering a solution for both the Homeowner and Lender.

But it is not as simple as a phone call to your lender, if you have tried to go to them for help then you understand. The process is made possible by a deep understanding of Lending guidelines, Lender protocol and procedures, knowledge of State and Federal laws and regulations; focusing on the goal to secure more affordable terms for the homeowner while managing the risk and losses of the Lender.

Trust there are possibilities, HOMES are saved everyday!

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.

Did you ever see the movie the Wedding Planner where Jennifer Lopez daydreams in the park while a movie is playing in the backdrop and eating M&M. I always liked that scene, as it is such a nice dream of community, relaxation and hope.

Gather round, the city HOA in Rancho Santa Margarita, SAMLARC, will be presenting movies throughout the summer. The first movie showing is this Friday the 20^th and it is Willy Wonka and the Chocolate Factory at Solano Park.

So grab a picnic lunch, a blanket and a couple of pillows and enjoy a fun movie under the stars. Psssst - It’s Free!

Enjoy!

Kelly Turbeville is one of South Orange County premier Realtors® focusing in the Saddleback Valley and the communities of Rancho Santa Margarita, Lake Forest, Portola Hills, Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on how to use their equity to move or use it to buy an investment property or finding exclusive properties for the high end consumer. Kelly is committed to making it happen. So if you’re considering selling or buying a home in Saddleback Valley, call Kelly to schedule a free consultation. Whatever your dream, with Kelly at your side, Its Possible!

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