Post on 20-Jul-2015
New home community presentation
Presented byLawrence August
Taylor Morrison presents…Wilder Canyon Alhambra Estates
New home community presentation
1:00 pm - Introduction - Orinda and Alhambra Valley communitiesMichael Moore & Pete Sabine – Pacific Union Real Estate
1:15 pm - Wilder Canyon & Alhambra Estates presentationLawrence August – Taylor Morrison
1:45 pm - Q & A
2:00 pm - How to Sell First - Then Buy versus How to Buy First - Then Sell optionsCathy Gromacki & Margaret Caddel – Homestreet Bank
2:30 pm to 3 pm - More Q & A
Living in Orinda
Forbes Magazine Friendliest Cities
#2 Friendliest City
Living in Orinda
Top Rated by Nextdoor.com
• 97% of owner-occupied homes
• 77% of college graduates
• Charitable giving
• Low Crime rate
Living in Orinda
Top Rated Public Schools
Nationally Recognized
• No. 21: Miramonte High School, Orinda
• No. 48: Campolindo High School, Moraga
Living in Orinda
World Class Graduate Programs
• University of California at Berkeley
• Saint Mary's College of California at Moraga
Living in Orinda
• Bear Creek to Briones Crest Loop at Briones Regional Park• Sibley Volcanic Regional Preserve Exploration• Tilden Park • Lafayette Reservoir Picnics, Trails & Fishing
Outdoor Activities Hiking & Biking
Living in Orinda
Arts & Entertainment
• 1.7 mile to Cal Shakes Shakespeare Theater
• Lesher Regional Center for the Arts
• 18 miles to San Francisco
• Close to Major League Sports Franchises
Living in Lamorinda
Living in the Alhambra Valley
Feels like you are 100 milesaway from the hustle and bustle… Yet only just a few miles from town
Living in the Alhambra Valley
Top 10 Cool Things about the Alhambra Valley area
Historians have called John Swett the founder of public education in California. As a state superintendent of public instruction (1863-1867), he laid the groundwork for a statewide system of public schools in California and influenced educators in other states.
He and his wife Mary Louise purchased a house into which they welcomed such visitors as John Muir. Later, at Muir’s suggestion, they purchased property in Alhambra Valley next to the Strentzel ranch.
John Swett and his son Frank developed “Hill Girt Ranch” as a fruit ranch with specialization in grapes and grape juice, and John and Mary retired there in 1895
Living in the Alhambra Valley
Equestrian paradise with access to 6,200 acres of open space and riding trailsat Briones Regional Park
Top 10 Cool Things about the Alhambra Valley area
Living in the Alhambra Valley
Top 10 Cool Things about the Alhambra Valley area
Designated scenic open space area protected by a conservation easement to the Muir Heritage Land Trust
Abundant wildlife including fox, wild turkey, black-tailed deer, Red Tail and Cooper's hawks, White-tailed Kites and even cougar
Living in the Alhambra Valley
Close to Briones Regional Park for hiking, mountain biking, equestrian activities
Top 10 Cool Things about the Alhambra Valley area
Living in the Alhambra Valley
A cyclists’ paradise along one of the famous East Bay routes used by the Tour of California
Top 10 Cool Things about the Alhambra Valley area
Living in the Alhambra Valley
Top 10 Cool Things about the Alhambra Valley area
Wine country ambiance with over a half dozen vineyards throughout the Alhambra Valley area
Living in the Alhambra Valley
Top 10 Cool Things about the Alhambra Valley area
Living in the Alhambra Valley
Top 10 Cool Things about the Alhambra Valley area
The Alhambra Christmas Tree Farm at the “T” intersection of Alhambra Valley Road and Reliez Valley Road
The Tree Farm is located on the site of the former Griffin Ranch dating back to 1868
Living in the Alhambra Valley
Top 10 Cool Things about the Alhambra Valley area
Facebook.com/AlhambraValleyLiving
Facebook.com/AlhambraValleyNeighborhoodWatch
Alhambra Valley Improvement Association
Living in the Alhambra Valley
Its legal for dogs to drive tractors in the Alhambra Valley…OK, not really
Top 11 Cool Things about the Alhambra Valley area
Sell First - Then Buy versus Buy First - Then Sell
Presented byPete Sabine &Michael Moore
Sell your home first – Then buy your next homePros
Certainty• You know exactly how much equity you have
to apply for your next home purchase
• If your home doesn’t sell for a high enough price – Stay put
• Sell now for top dollar in a “Seller’s Market”
• Rent back your from your buyer after closing
ConsUncertainty• Competitive “Seller’s Market” precludes
contingency upon the sale of your current home
• Anxiety from not knowing when and where your next home purchase will happen
• Potential for costly “Double Move” storage and interim housing expenses
• Limited supply of short term rental homes
Sell First - Then Buy versus Buy First - Then Sell
Presented byPete Sabine &Michael Moore
Buy your next home first – then sell your current homePros
• Strengthens your negotiation position in a competitive “Seller’s Market”
• Purchase offer is “non-contingent” upon the sale or closing of your current home
• You know where you are moving and how soon you can take possession
• Timing the sale of your current home with the possession of your next home to avoid a “Double Move”
Cons• Purchase All Cash without financing ties up
your resources in home equity
• Financial resources required to qualify for financing to purchase your next home
• Carrying cost for 2 homes until you can sell your current home
Contra Costa LivingYour Local Community Forum
How to buy your next home first and then sell your current home
Presented byCathy GromackiMargaret Caddel
Challenge #1 - Purchasing All Cash without financing ties up your resources in home equity
Resource Options
• Liquid assets
• Pledge investment assets
• Equity in your current home
• Real estate holdings
• Equity share
Step #1 - Meet to review your goals and life cycle stage
Step #2 - Determine your qualified income sources
Step #3 - Explore the best financing program solutions
Contra Costa LivingYour Local Community Forum
How to buy your next home first and then sell your current home
Presented byCathy GromackiMargaret Caddel
Challenge #2– Financial Resources required to qualify for financing to purchase your next home
Determine your qualified income sourcesSelf employed
oComplex income tax returns
oCorporate income tax returns
Retirement / Pension accounts
Assets under management
RSU - Restricted Stock Units
Rental property income
Foreign income
Explore the best financing programs:
10% down payment up to $1.5M purchase price, w/o Mortgage Insurance
ARM on new purchase to be paid off with a specific financial event
Refinance “Cash-Out”– equity from your current home
HELOC line of credit secured by your current home
Assets under management
Equity Share
Contra Costa LivingYour Local Community Forum
Presented byCathy GromackiMargaret Caddel
Challenge #3 – Qualifying with 2 mortgages until you can sell your current home
How to buy your next home first and then sell your current home
• Convert your current home to a rental
• Principle write down to re-amortize your home loan
• Adjustable Rate Mortgage with a lower interest rate
• List your current home with a Realtor®
• Your business makes your mortgage payment
New home community presentation sponsored by… Thank you for attending!
Contact us for a private consultation
Pete Sabine
Call 925.297.5335
Pete@ContraCostaLiving.com
Michael Moore
Call 925.289.8930
Michael@ContraCostaLiving.com
Cathy Gromacki
Call 925.212.5563
Cathy.Gromacki@homestreet.com
Margaret Caddel
Call 925.683.7030
Margaret.Caddel@homestreet.com