Inflation or Deflation?

September 30, 2010 · Dean Rizzi · 3 Comments

Whether a Federal Reserve action is inflationary or deflationary is difficult to gauge, for the simple fact that there isn’t a definitive definition of inflation and deflation. Some economists argue that rising prices are a measure of inflation while falling prices are a measure of deflation. That’s too simple, though, because there are many variables that influence prices – supply and demand, technology and money supply to name the obvious. It’s impossible to gauge which variable has the greatest impact. Read more

Prices Are All Over the Map…Where Are You?

September 22, 2010 · PruCalVoices · 3 Comments

The way you answer that question will depend largely on whether you are the buyer or the seller. A seller may look at the highest comparable and start spending the cash. While the buyer will zoom in on the lowest comparable, add a couple bucks and consider the seller lucky to get that. Trouble arises when the spread between the two is a substantial one. Multiple factors that can influence the price of a home, some having to do with the home itself and others with the market. Figuring out where the subject house sits in the spectrum can go a long way selling a home or getting the one you want. Read more

Is Your Home Under Water? New FHA Refi might help!!!

September 15, 2010 · Lee Ginsburg · 2 Comments

So many home owners in San Bruno, South San Francisco, Daly City, San Mateo and all over the country owe more than their home is worth (under water). Some have tried to modify their loan, short sale, refinance and have run into a frustrating brick wall.

Well here is a new alternative. FHA has a new loan that will allow refinancing for homes under water. They do have very specific requirement but it is worth a shot. Please read the following article from the Sunday September 5, 2010 S.F. Chronicle written by Kathleen Pender in her Net worth column. Please do not hesitate to contact me for FHA approved lenders. lee@leesellsmore.com or 877-Lee-Sells

California Insurance Commissioner Supporting the Victims of San Bruno Fire

September 14, 2010 · Annie Chang · 3 Comments

After the devastating explosion which destroyed or damaged hundreds of homes in San Bruno on September 9, 2010, California Insurance Commissioner Steve Poizner issued a press release to support the victims. He reminds them that insurance may cover living expenses and also provides important insurance tips to survivors who have suffered losses.

Here is the full version of the press release issued on September 10, 2010:

After dozens of homes were destroyed and lives were tragically lost as a result of last night’s deadly explosion in San Bruno, Insurance Commissioner Steve Poizner offered his support to victims and reminded residents who have lost their homes or were evacuated due to the explosion that they may be eligible for reimbursement for additional living expenses due to mandatory evacuations. Read more

A Letter from a San Bruno Fire Victim

September 13, 2010 · Lee Ginsburg · 2 Comments

A letter from a friend…

Dear Everyone,
One or two of you may not even know about the big gas main explosion and fire, but I didn’t want to miss anybody. Got my home back Sunday as did all of the lucky ones in our small San Bruno neighborhood after a few days of uncertainty. My place got no more than a small touch of smoke damage although the refrigerator was a powerful reminder that the power had been off for four days. I have decided to continue to pay my taxes (an attempt at humor) because I was very impressed with not only local and state response but also the national response. Local stores like the Gap (Thanks, Denise!) and Lunardi’s gave out very generous gift cards and of course PG&E wrote out $1000 checks on the spot. On the sad side the 37 homes that were TOTALLY destroyed was a very hard sight to see.
Many thanks to all of you for your concerns and support.
Emile Hons

Bless San Bruno

September 12, 2010 · Lee Ginsburg · 4 Comments

You know we have seen other natural disasters similar to the San Bruno Explosion.

When we watch it on TV and it happens hundreds or thousands of miles away it a tragedy, it is terrible.

When it happens around the corner from you and it is heartbreaking.

When it happens to you, I doubt there are words to explain those your thoughts.

When you see the outpouring of volunteers, donations, and support it is heartwarming.
It makes me proud to say that I have lived and worked in San Bruno for 35 years ever since I moved from the East Coast.

Next time someone asks me where I work, I am going to say Loud and Clear;
Prudential California Realty in SAN BRUNO, “The City of Care and Compassion”!

Want to read more on the Care and Compassion of San Bruno http://www.contracostatimes.com/bay-area-news/ci_16045332?nclick_check=1

http://www.sfexaminer.com/local/Donations-rolling-in-to-San-Bruno-102643424.html

Lets give credit where credit is due. The Police Department, The Fire Department, Mayor Jim Ruane, City Manager Connie Jackson, City Council People, neighboring Cities, Millbrae, Burlingame, South San Francisco, Daly City and others worked so hard and professionally. Within hours an evacuation center was set up and within 12 hours many state and federal agencies, Red Cross, along with insurance companies had tables set up to help with the recovery.

Want to know where to Donate -http://http://www.contracostatimes.com/bay-area-news/ci_16045332?nclick_check=1

http://abclocal.go.com/kgo/story?section=news/local/peninsula&id=7660232

Lee Ginsburg
www.leesellsmore.com

San Bruno Fire Incident California State Automotive Association (CSAA) Claim

September 10, 2010 · Adam Chinn · 2 Comments

For anyone who is insured by California State Automotive Association (CSAA), there is a claim office open at the Lucky Store at Towne Center in San Bruno and also at the CSAA office on Hickey Blvd in Daly City.

Claim Number is (800) 922-8228

For CSAA’s website click here

San Bruno Fire/Explosion Devastates an Entire Neighborhood

September 10, 2010 · Karin Cunningham · 2 Comments

Photo taken from The San Mateo Daily Journal

Prudential California Realty- San Bruno is deeply concerned for the families who are affected by this awful incident.

“The City suffered a devastating explosion and fire last night at approximately 6:15 PM. A major gas line explosion occurred in the Glenview area. The incident immediately erupted into a major fire that has impacted many homes. Safety Assessment teams convened this morning at 6 AM to begin formal damage assessment. …Fire units from nine San Mateo County cities and over 200 law enforcement personnel assisted the units and over 200 law enforcement personnel assisted the San Bruno police and fire departments personnel with fire and traffic control. Fire and police activities continued through the night and early morning hours.For emergency updates, please turn to Cable Channel 1 or the local news stations. To locate family or friends, please go to www.safeandwell.org. An emergency shelter has been established at the Recreation Center in San Bruno City Park. To volunteer, please go to www.volunteercenter.net. Donations to the victims can be earmarked by contacting the American Red Cross at 1-800-RED-CROSS and specifying “San Bruno Fire”.”

-Author unknown

For up to date info on what’s going on or how and where you can help please visit: www.Facebook.com/SanBrunoLife and also http://www.facebook.com/pages/Help-San-Bruno-Fire-Victims/153711041314771?ref=ts