Realtors Must Attend- Free Workshop

How to Talk About Green Homes | FREE Workshop - Oct 24, 2012: Green Building Professionals article

Free lunch and the best information on how energy efficient homes sell for more. Receive FREE tools to set you apart with this growing demand for home buyers. Go Green Lending will be attending to answer how financing these upgrades is made easy.

Turn key homes?

Everyone wants a turn key home to buy. Are you getting beat out with multiple offers? Are you an FHA buyer? The solution is a 203k rehab loan. Purchase a home and receive extra funds to fix up the way you want it. Go Green Lending specialized in turning as is houses into turn key homes with our Hybrid Loan Program. You get a loan to purchase, make your cosmetic improvements and energy efficient upgrades. Visit our website to learn more.
Gogreenlending.com

NAHB: Remodeling Market Index Climbs Five Points, Returns to 2005 Levels

Read this article about home remodeling demand increasing.  Most home owners and home buyers will need a 203k rehab loan due to limited equity.  Go Green Lending specializes in 203k's and EEM's.

NAHB: Remodeling Market Index Climbs Five Points, Returns to 2005 Levels

Realtor workshop

Come to the free workshop in San Diego.

Time to refi before the election

Are you waiting for the election to refinance? Might want to rethink that. Lock in before the unknown.

Rehab loans- No Points!!!

Rates are at record lows. Now you can take the 203k rehab loan and turn any "As Is" house into an ideal energy efficient home with no closing costs. Try 3.50% zero points and zero escrow fees. Seriously.

Sell Homes with an Energy Audit Score

Using an energy audit score for existing homes is a tool to attract home buyers to homes that are more energy efficient.  This is gaining momentum in the newly built homes as reported in this article.  Go Green Lending is ready to help set you apart from others as a Real Estate Professional.  Contact our office to receive free workshop and sales tools materials.

An increasing number of builders are taking advantage of the RESNET HERS Index. Over the past month, builders from California to North Carolina...

READ MORE

 

According to the CA Assoc. of Realtors, Home Affordability is Slightly Down:

Recent price increases has pushed the affordability index lower.  Although this may squeeze out some buyers, inventory remains low and buyer competition is adding some frustration to both buyers and real estate professionals.  One method in creating inventory is using the 203k rehab loan to convert “Passed Up” properties due to condition and upgrade them within the purchase financing.  At Go Green Lending we specialize in turning “As Is” houses into “Ideal Homes”, including energy efficient upgrades.

Read more about the affordability index…

http://www.car.org/newsstand/newsreleases/2012releases/2q2012hai

Learn about Energy Upgrade California at an event near you!

You're invited to attend the following Energy Upgrade California events. Join us to find out how you can get $1,300 to $8,000 back in rebates for energy efficient home improvements, and meet approved Participating Contractors. August is filled with lots of exciting events around LA County. We urge you to take advantage of this special month by attending as many events as you wish including:

For more details: Click Here!

Top Real Estate Brokers are interviewed by C.A.R. CEO

Three minute video sharing the current market conditions of low inventory, technology tips and innovative thinking to set agents apart. Go Green Lending will help set you apart with our free sales tools for turning "As Is" houses into "Ideal Homes" with purchase financing that includes funding for home improvements.

http://on.car.org/creroundtable

GreenPointers: Major Appliances

When shopping for home appliances that use a lot of energy or water, such as refrigerators, dishwashers and clothes washers, always look for the Energy Star label. Energy Star-qualified appliances save more energy and money than standard models that merely meet the government's basic standards for energy efficiency.

As an added benefit, many high efficiency appliances actually work better than their standard counterparts. High efficiency refrigerators maintain more uniform temperature, dishwashers consistently heat water to the appropriate level to get dishes cleaner, and front-loading washing machines are less abrasive to fabric, helping clothes last longer.

Did you know the Go Green Lending Hybrid loan allows you to include appliances with your purchase financing?

Find out how to turn an “As Is’ house into an Ideal Energy Efficient Home.

Do Green Homes Sell for More???

Green-certified homes sell for 9% more, study in California finds

By Kenneth R. Harney

July 22, 2012

WASHINGTON — It has been a controversial question in the home real estate market for years: Is there extra green when you buy green? Do houses with lots of energy-saving and sustainability features sell for more than houses without them? If so, by how much? READ More…

Go Green Lending offers financing solutions to turn an “As Is” house into an “Ideal Energy Efficient Home”.

According to the California Association of Realtors: Pending home sales activity declined

Pending home sales in California decline
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported this week that contracts signed for previously owned homes in California took a dip in June. The decline in pending sales can be attributed to a lack of housing inventory.

Making sense of the story

• C.A.R.’s Pending Home Sales Index declined 3.8 percent in June compared with May but posted a 4.7 percent increase compared with a year earlier.
• Pending home sales are an early indicator of where sales are headed. Sales often close six to eight weeks after contracts are signed so a decline in June could mean weakness when July and August sales statistics are reported.
• C.A.R.’s report also showed a decline in the number of foreclosed homes selling. Last month, foreclosed homes accounted for 20.2 percent of all pending sales, a decline of 22.6 percent from May and 29.2 percent in June 2011.
• The share of equity sales – or non-distressed property sales – rose to 58 percent in June, up from a revised 56 percent in May.  Equity sales made up 50.5 percent of all sales in June 2011.
• The share of short sales edged up in June to 21.4 percent, up from 21.1 percent in May and from 20 percent a year ago. 
• The available supply of REOs for sale tightened slightly in June, with the Unsold Inventory Index declining from a 1.5-month supply in May 2012 to 1.4 months in June 2012.  The June Unsold Inventory Index for equity sales stood at 3.7 months and was 5.3 months for short sales.

Regardless of the statistics looking slightly better, close to 50% of all homes sales are a DISTRESSED sale in nature.  Most distressed houses are in need of repair or do not meet the buyers expectations.  When you combine that with a low supply of homes, the house shopping process is challenging.  More consumers are becoming aware of the 203k rehab program today than before.  Consider working with a knowledgeable lender with these programs to help increase business and help get buyers what they want, an ideal home.

Go Green Lending Hybrid Loan Program

Today's rates: 3.50% Zero Points.

Plus lender pays up to $4,000 of buyer closing costs! Get up to $30,000 in bids to turn an "As Is" house into an Ideal turnkey energy efficient home. Call us to show you how you can get a home buyer another $8,000 in utility rebates.

Tip from Go Green Lending:

The best way to KNOW HOW to make a home more energy efficient is to conduct a home energy audit with a certified HERS Rater.  We know of several in your area.  Go Green Lending offers Energy Efficiency Mortgages and combines the 203k rehabilitation loan programs to maximize your upgrade dollars.

Contact our office at 562-429-5757 to qualify for these programs on your next home purchase.

PINPOINT COMFORT & EFFICIENCY PROBLEMS

Identify opportunities for improving comfort, reducing energy bills and creating a healthier home by: Having a home performance contractor run diagnostic tests that search for air leaks and moisture problems and gauge the home's overall energy and water efficiency Finding out about rebates and qualified contractors at http://www.energyupgradeca.org/

Learn about Energy Upgrade California at an event near you!

You're invited to attend the following Energy Upgrade California events. Join us to find out how you can get $1,300 to $8,000 back in rebates for energy efficient home improvements, and meet approved Participating Contractors.

Saturday, June 9 10:00am - 2:00pm		City of Torrance 4th Annual Environmental Fair/City Yard Open House City Services Facility 20500 Madrona Ave. Torrance, CA 90503 [map]
Saturday, June 9 11:00am - 8:00pm		Green Long Beach Festival The Marina Green Park 386 East Shoreline Drive Long Beach, CA 90802 [map]
Saturday, June 16 11:00am - 3:00pm		East Rancho Dominguez Environmental and Sustainable Living Fair East Rancho Dominguez County Park 15116 South Atlantic Dr. Compton, CA 90221 [map]
Saturday, June 23 10:00am - 11:30am		Green Your Home With Energy Upgrade Spring Series Arcadia Library Auditorium 20 West Duarte Road Arcadia, CA 91007 [map]
Thursday, June 28 5:00pm - 8:00pm		Baldwin Park Concert in the Park Morgan Park 4100 Baldwin Park Blvd. Baldwin Park, CA 91706 [map]

Now It's Easy To Turn Any "As Is" House Into Your Ideal Home!

Home Buyer: Are You Frustrated with Fixer-Uppers?


The GoGreen Lending Hybrid Loan Program is a unique combination of Energy Efficient and Rehab mortgage loans that gives you the purchase money, plus: * Up to $15,000 for Green energy efficient upgrades and kitchen appliances. * Up to $35,000 for cosmetic repairs, home improvements and upgrades. * Substantial energy savings, tax credits and utility rebates


It's the CURE for the Power Hogs and Cosmetic Dogs on the market today!

Home Buyer: Are You Frustrated with Fixer-Uppers?

Now It’s Easy To Turn Any “As Is” House Into Your Ideal Home!

The GoGreen Lending Hybrid Loan Program is a unique combination of Energy Efficient and Rehab mortgage loans that gives you the purchase money, plus:

• Up to $15,000 for Green energy efficient upgrades and kitchen appliances.
• Up to $35,000 for cosmetic repairs, home improvements and upgrades.
• Substantial energy savings, tax credits and utility rebates
• FHA 203k Loans - Energy Efficient Mortgages (EEM Loans) - Solar Panel Loans

It's the CURE for the Power Hogs and Cosmetic Dogs on the market today!

Cardinal Pacific Training: GoGreen Lending Hybrid Loan Program Workshop

Turn any "As Is" property into a Turn-Key SALE!!

1. Convert Inventory that you have passed by in the MLS.
2. Compete with ALL CASH offers.
3. Receive Free Realtor Sales Kit.
4. Turn "As Is" houses into Ideal, Energy Efficient Homes.

Ask Your Realtor!

Whether you’re a Home Buyer or a Home Seller in the New Economy, you’re facing tough challenges. Over 70% of all homes in California are in financial distress, need cosmetic repairs or are not energy efficient. Which means these “As Is” properties are Cosmetic Dogs™ or Power Hogs™!

The Cure for the Cosmetic Dogs™ and Power Hogs™!

Our unique Hybrid Loan Program™ gives home buyers the purchase money, plus up to $50,000 in funding for cosmetic repairs, home improvements and energy upgrades.

If you’re a HOME BUYER, this program can help you:

• Find more homes you like in the neighborhoods you want
• Find the right home for your family faster
• Make the cosmetic repairs, home improvements and energy upgrades you want
• Enjoy up to 30% in energy savings
• Receive many available tax credits and utility rebates*

If you’re a HOME SELLER, this program can help you:

• Address any issues that potential buyers may have with your “As Is” property
• Make it easy for potential buyers to get their wish list of cosmetic repairs, home improvements and energy upgrades
• Pre-qualify buyers for a purchase loan amount INCLUDING the repairs, improvements and upgrades
• Close in as little as 30 to 45 days!

This unique mortgage loan solution provides funding for the home based on the value it will have after the repairs have been made. The cosmetic repairs, home improvements and energy efficient upgrades can be made as soon as you close escrow.

How to Finance “As Is” Properties 203K & Energy Efficient Loans

Cardinal Pacific Training Center

How to Finance “As Is” Properties 203K & Energy Efficient Loans

Convert inventory into ideal homes Show fewer houses saves YOU time The neighborhood, the schools, but not the right house?		Introducing the Go Green Lending Programs to your Home Buyer Qualifies for the purchase, PLUS funds to fix up Website videos Realtor sales kit
Competing with ALL CASH investor offers Retail price offers Buyer paid repairs	Free Realtor Sales Tools Go Green Lending Hybrid Buyer’s Guide Tri-fold Brochures	More Free Realtor Sales Tools C.A.R. Energy Audit Rebates C.A.R. Green Living Tips Resources for Realtors

Whether you’re representing Home Buyers or Home Sellers in the New Economy, you’re facing unique challenges.  Over 70% of all homes in California are in financial distress, need cosmetic repairs or are not energy efficient.  Which means these “As Is” properties are Cosmetic Dogs™ or Power Hogs™!

The Cure for the Cosmetic Dogs™ and Power Hogs™!

We’re the most experienced “As Is” mortgage lender in California … and our unique Hybrid Loan Program™ gives home buyers up to $50,000 in funding for cosmetic repairs, home improvements and energy upgrades.

Top 5 projects to boost home's value for resale

By Teri Cettina • Bankrate.com

1. Upscale siding (new fiber cement) replacement.

Average payback: 103.6 percent of cost
Estimated job cost: $10,393 for 1,250 square feet
National average resale value: $10,771

"Siding makes a huge difference in a house's resale value, because it's one of the first things you see. It really defines the condition of the home," says Moe Veissi of Veissi & Associates Inc., in Miami. "If other houses around you have old aluminum or vinyl siding and your siding is nicer and newer, buyers will notice you. With this project, you make your house more attractive -- you're not just improving your insulation value."

2. Midrange bathroom remodel. This includes updating an average 5-by-7 foot bathroom that's at least 25 years old with moderately priced fixtures, a double-sink vanity, a ceramic-tile floor and vinyl wallpaper.

Average payback: 102.2 percent of cost
Estimated job cost: $10,499
National average resale value: $10,727

"Improving an existing, but outdated, bathroom is almost always a good investment," says Finley Perry of F.H. Perry Builder in Hopkinton, Mass. "An up-to-date bathroom makes your home look like it's been kept in good repair, and that's what all prospective homeowners are looking for."

However, Perry cautions homeowners not to try to personalize their bathrooms too much or spend megabucks trying to turn them into ultimate home spas. "Your home is a valuable asset, and you want to treat it respectfully whenever you remodel," he says.

In other words, think twice about adding a pricey imported soaking tub or three separate shower stalls for your growing family's convenience. Those renovations might not fit the taste of a buyer 10 years down the road. If that happens, the money you spent on your bathroom renovation is down the toilet, so to speak.

3. Minor kitchen remodel. This consists of giving a functional, but dated, kitchen a makeover. It includes new cabinet doors and drawers (with cabinet boxes left in place), a moderately priced wall oven, cooktop, countertop, sink and faucet and resilient flooring.

Average payback: 98.5 percent of cost
Estimated job cost: $14, 913
National average resale value: $14,691

Along with bathrooms, kitchen updates are almost always among the smartest remodeling projects for resale value, say the pros. "Home buyers seem to gravitate to the kitchen first when they're looking at a house," says Joe Traynor, a real estate appraiser in Indianapolis. "And as appraisers, we do give extra credit to houses with updated kitchens.

"However, I've also seen homeowners go too far -- they might put granite countertops and top-of-the-line stainless-steel appliances in a very modestly priced house," he says. "Those improvements aren't going to help the home's value in the long run, and the owner definitely isn't going to get his money back when he sells."

4. Midrange siding replacement. This more modest variation of the No. 1 ranked project (upscale siding) includes replacing 1,250 square feet of siding with new vinyl siding and trim.

Average payback: 95.5 percent of cost
Estimated job cost: $7,239
National average resale value: $6,914

The value of this project is in its immediate curb appeal: New siding cleans up a house quickly. However, Perry points out that vinyl may not be appropriate and could actually detract from a home's value in historic neighborhoods or upscale areas where traditional wood siding is still the preferred material.

5. Attic bedroom remodel. This entails converting unfinished attic space in a two- or three-bedroom house into a finished bedroom and bathroom with shower. It includes a new shed dormer, new windows and closet space in the eaves.

Average payback: 93.5 percent of cost
Estimated job cost: $39,188
National average resale value: $36,649

Because this is a relatively expensive undertaking, real estate experts suggest you do an attic renovation only if you're going to live in the house for a while (preferably five to 10 years) and enjoy the reclaimed space yourself. Over the long haul, this project adds significant value to your home because it creates brand-new living space and isn't just a cosmetic improvement.

Keep in mind, though, that attic remodels don't make sense in every neighborhood and part of the country.

"In Florida, most of the attics aren't big enough to stand up in, so remodeling them wouldn't make sense at all. Plus there's the heat issue -- these rooms would be sweltering hot for us and very expensive to cool," says Viessi, a Miami Realtor.

"This is a good example of a remodeling project that would be wise to discuss in advance with a Realtor who's familiar not just with housing in your area, but in your specific neighborhood," says Viessi. He says good Realtors are always happy to spend time talking with you about the wisest renovation projects for your home -- even if you're not planning to sell your home anytime soon.

Other top resale projects from the Cost vs. Value report ranked by percentage of cost recouped at resale, include:

• an upscale bathroom remodel: 93.2 percent.
• a major kitchen remodel: midrange, 91 percent; upscale: 84.8 percent.
• a deck addition: 90.3 percent.
• basement remodeling: 90.1 percent.
• window replacement: 89.6 percent.
• a bathroom addition: midrange: 86.4 per cent, upscale 85.8 percent.
• roofing replacement: 84.7 percent.
• a family room addition: 83 percent.
• a master suite addition: midrange 82.4 per cent; upscale 80.1 percent.
• a home-office remodel: 72.8 percent.

While a good return on your investment is important in every remodeling project, experts say that the most important factor in your decision should still be whether the project improves the way you live in your home now.

"The fact of remodeling is that you never get your money back instantly," says Perry. "If you're undertaking a project because you're going to stay in your home awhile, and it will enhance your lifestyle, then great -- do it. It's tough to put a price on the happiness many young families get from fixing up their house and truly enjoying it for the next 20 years."

Looking to Re-Finance?

Refinance at a Great Rate, Save Money and Receive Thousands of Dollars!

If you’re ready to turn your current house into an Ideal Home, GoGreen Lending™ has a unique Re-Finance Hybrid Loan Program™ that will save you thousands of dollars and provide all of the funding you need for energy efficient upgrades, cosmetic repairs and home improvements.

Our Re-Finance Hybrid Loan Program™ combines a 
Rehab Loan with an Energy Efficient Mortgage, so it:

• Provides you with thousands of dollars in funding for cosmetic repairs, home improvements & energy upgrade
• Makes it easy for you to get your wish list of cosmetic repairs, home improvements & energy upgrades
• Pre-qualifies you for a loan amount INCLUDING the repairs, improvements & upgrades
• Closes in as little as 30 to 45 days to get started on repairs!

This unique mortgage loan solution provides funding for the home based on the value it will have after the repairs have been made.  The cosmetic repairs, home improvements and energy efficient upgrades can be made as soon as you close escrow.  Once you’ve made the energy efficient upgrades, you’ll save money each month on your utility bills.

The Energy Upgrade California Program for Home Owners
As a participating lender, we can help you receive thousands of dollars with rebates and incentives, while you upgrade your current home with money-saving energy efficient improvements.  The U.S. Government is allocating $30 million to homeowners in Los Angeles County alone!

Spotlight on 203k Rehab Loans

The Most Experienced “As Is” Mortgage Lender… Offering the Premier Hybrid Energy Efficient / Rehab Loan Program in California!

GoGreen Lending™ is the Green Division of Lighthouse Capital Group and the most experienced “As Is” mortgage lender in California.  We help home buyers, home sellers and home owners solve energy efficient, home improvement and cosmetic property issues with the funding to fix them.

Lighthouse Capital Group is a full service lender that has offered exceptional quality personal mortgage lending services in the Southern California area for over 25 years. We have established a reputation as an honest, trustworthy and experienced lending choice for individual clients as well as institutional banks. Our expertise in lending guidelines and understanding of the borrower's needs has enabled us to maintain a solid base of repeat and referral business.

This unique Hybrid Loan Program addresses the needs of 70% of homes in the current market and allows us to help improve quality of life, increase home value, deliver cost savings, rebates and incentives, as well as reduce consumption of natural resources.

FIND OUT MORE June 18th 2012 10am-1130am 

Register on Eventbrite today!