Category: Get Real

GET REAL – Dream For “All”?

Let’s Get Real about California’s new loan program coined Dream For All. The Blue Waters Group has this shared appreciation 2nd mortgage available to eligible applicants, but is it really a Dream “For All?”

It truly is a great loan program for those who qualify, as it will allow folks to buy with no money down, avoid PMI, and keep their monthly payment at a reasonable level, but

The program is, unfortunately, underfunded. The state legislature recently allocated $300,000,000 in funding for CalHFA’s Dream For All loans, which will likely only reach approximately 2,000 California applicants. To put that in perspective…our state had over 250,000 transactions in January alone. So Dream For All loans will impact less than 1% of transactions.

This program is getting a lot of hype and I am happy to help you apply for it before the application window closes in the middle of March. Keep in mind, however, it will not end up being a Dream For All, but rather For a Very Lucky Few.

With that said, it’s a great program if you qualify and are fortunate to have your name pulled in the lottery system. Reach out to me and I can help you navigate the application process and give you more details about CalHFA’s Dream For All loan program.

GET REAL – Being Rich in Real Estate

My high schooler recently shared a conversation with me she had with a new friend. My job as a real estate & mortgage broker came up somehow and the new friend said, “oh, so you guys are rich!”

Why did her friend assume we were rich? I can’t help but assume that she’s like most teenagers these days and consumes nearly all of her information about the world through social media. And what do you see about real estate on social media? Agents posing as these larger than life personas, masquerading through multi-million dollar listings (insider tip…most of those posts are tricking you into thinking the luxury listing is theirs, but its not), ultimately exuding an image that they are successful and rich all of the time.

My daughter said she kind of chuckled to herself, because she knows all too well the highs and lows of being in a real estate family. And there have been more lows than highs lately, but y’all don’t see that on social media. Most only post the highs, but my daughter knows the struggle is real in this feast or famine industry.

I don’t share this to get your pity. I share this to get real with you! That’s what these reels are all about; to cut through the hype & talk about the real deal in real estate. If that sounds like a refreshing take, keep following me for more content like this.