Hello and welcome from Santa Barbara Brett !

Im coming at ya from Santa Barbara Ca

You could have turned that $1400.00 into a Billion, like Barbara Corcoran;-)

When you live in a supposed Paradise (Santa Barbara), you pay big bucks for housing, make a lot of sacrifices and call it simplicity.

Low income units are mandatory in virtually every new multi unit build here in Santa Barbara (median price $800K).

There was a lady by the name of Barbara Klaput who moved from MD who was basically a SB761 expert and she ran workshops on this.

Fees for the investor and the foreclosure consultant are paid from equity in the property, and at the end of the year the property is sold back to the original owner if that person can obtain a new mortgage.The arrangement sounded like the perfect solution to Barbara Pringle, a 38-year-old mother of three, who in January 2006 was four months behind on her mortgage.

The disaster area consists of the following counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego, Santa Barbara and Ventura.You can read the entire IRS press release at http://www.exeterco.com/news_irs_issues_tax_relief_2007_california_fire_victims.aspx for complete details.

Our home in Santa Barbara has built up some equity, to borrow against for purchases.

Here in Santa Barbara, plenty of MHs in the nicer parks are totally finance-able and sell in the $250-350K range, less in the over-55 parks.There are plenty of super cheap houses in many parts of CA, so it wasn't hard to apply Lonnie's strategy to SFHs.