real estate investing

Fun Fall Events coming up in Lake Forest

The new Fall Leisure Times is out!  If you are one of my Lake Forest homeowners, please check your mailboxes for this handy program guide. The new brochure includes info on new classes, fun fall events and all City recreation programs. After seeing all that Lake Forest has to offer, you may want to give me a call (if you don’t already live here) and I will help you buy a home in Lake Forest.

To view the new Leisure Times online, please click here.

Fall registration will begin on Tuesday, August 14 for all Lake Forest residents. (Non-residents can register beginning Tuesday, August 21.) Be sure to sign up for all of your favorites before they fill up

Haunt at Heritage Hill

Friday, October 19 – Dare to be scared! – Join us for our 5th Annual “Friday Night Fright”, this year from 6 to 10:30 pm. Teens 12 years and older, as well as adults, will enjoy a truly haunted adventure featuring Sleepy Hollow Scare Zone, Fright Maze, Haunted School House, and a viewing of the classic movie “Frankenstein.” Sara Karloff, daughter of Boris Karloff, will be at the event to meet her dad’s fans and give them inside info on this legendary actor. Admission is $5 per person. For the most current info on the Haunt, check out facebook.com/LFhaunt.

Autumn Harvest Festival

Saturday, October 20 – We invite you to our annual Autumn Harvest Festival, to be held again this year from 4 to 9 pm at Heritage Hill Historical Park (25151 Serrano Rd). Kids love this opportunity to show off their costumes and trick-or-treat in a safe, fun environment. We will have a glow party, Princess Pumpkin Patch, Pirate Adventure Maze, costume parade, and so much more. Admission is $4/adults, $3/children 12 and under. Certain attractions and games are an additional fee. For more info, call Community Services at (949) 461-3450.

20th Anniversary Celebration Party

Saturday, September 15 – Come and celebrate our 20th year of Cityhood as we dine and dance under the stars! This special event will be held at Oakley Headquarters (1 Icon in Lake Forest). The celebration will begin with cocktails at 6:30 pm, followed by dinner at 8 pm. Attendees must be 21 and older. Fee for this event is $50 per person and pre-registration is mandatory. (Limit of 4 tickets per person.) To register for this event, please visit our online registration site beginning Tuesday, August 14 at 8 am. Walk-in and mail-in registration is also acceptable. For all the details, see page 4 in the new Fall Leisure Times brochure. For more info, call Community Services at (949) 461-3450.

Hallow’s Eve Bowl Jam at Etnies Skatepark of Lake Forest

Friday, October 26 – This awesome Bowl event returns for its 9th year and is sure to be the best yet! It is consistently a favorite for crowds and skaters alike. Participation is open to all ages. The $20 registration fee includes a contest t-shirt. Registration takes place the day of the event beginning at 3 pm. The event begins at 4 and ends at 10 pm. For more info call the Skatepark at (949) 916-5870 or visit EtniesSkatepark.com.

NEW Teen Music Festival

Saturday, November 3 – This brand new event, to be held from 6 to 10 pm, will allow aspiring teen musicians to showcase their talents at Etnies Skatepark of Lake Forest (20028 Lake Forest Dr). Opportunity prizes will be given, food will be available, and art will be on display during the entire evening. Entry fee is $5 per person (band entries are free). For more info, please call (949) 461-3446 or email charris@lakeforestca.gov.

Weekly Mortgage Watch

Significant amounts of very important economic data are due this week, along with a meeting of the Federal Reserve. Mortgage rates have the potential to fluctuate, in either direction, during the course of this week. Few are expecting the Federal Reserve to make any announcement regarding any new policy direction. Most analysts are expecting the Fed to take a wait-and-see position following the recent extension of Operation Twist. If the Fed does announce a new policy, mortgage rates could be driven downward. Economic data will also influence rates this week. A few experts are expecting a bit of an economic bounce. If the data shows a measurable improvement, then rates could climb…  To read the full story and see today’s interest rates, click the link below: http://ftemerson.wordpress.com/2012/07/16/weekly-mortgage-watch-85/wmw-7-15-12/

Tips to Keep in Mind If You’re Thinking about becoming a Real Estate Investor

With homeownership dropping and rental vacancy rates rising, it is clear many Americans are looking to make a change to renting instead of owning their home. Currently, homeownership levels are at 66.5%, the lowest they’ve been since 1998, reported recently by the Department of Commerce, and the rental vacancy rate at 9.3%, the highest its been since 2003. Many prospective investors could take this information and apply it to a very lucrative decision for future investment property purchases.

Nancy Braun, owner and broker-in-charge of Showcase Realty has been a real estate broker for over 14 years. Her expertise lies in REOs, short sales, distressed properties and she recently became a Neighborhood HUD Listing Broker. A large amount of her listings are being sold to real estate investors and she is sharing a few questions and tips to keep in mind if you are thinking about becoming a real estate investor.

What is real estate investing?
Real estate can be a great long-term investment. It is a tangible, cash-generating asset and appreciates in value. Real estate investment has proven to be a powerful method of accumulating wealth over time and investors are getting a return on their investment (ROI) in three ways: cash flow, return on taxes and appreciation.  Read the rest of the story:

http://rismedia.com/2011-02-06/tips-to-keep-in-mind-if-you%E2%80%99re-thinking-about-becoming-a-real-estate-investor/