WE OFFER SERVICES TO INCREASE OUR CLIENTS' NET WORTH AND REDUCE OUR CLIENTS' COST OF CASH OUTFLOW

We tell you in advance of our business plan and how we want to serve you! We offer you valuable reasons to want to retain our services. Here is why we are so very different!

We Conduct Business Based on Referrals.

We spend most all of our working hours serving You. At the conclusion of the transaction, we want you to say, "It should have taken longer, required more effort and cost a lot more!". Now the relationship begins! We want to become your Realtor® and Loan Officer for life! We want the relationship to continue beyond the transaction. We want to build our business based upon your trust and an experience exceeding your expectations. We strive for 80% of our business to be based on referrals from our already established clients. It is our task to assist you to increase your net worth, reduce your cash outflow, and to perform the same results for your family, friends, and associates. We ask for your heartfelt referrals. We at California Star Properties, Inc., have employees who are committed to serving your real estate and lending needs. We are very much aware that when you view our web site you are a person with certain needs. We also know that we may not have met you and that you may have been referred to our site by a present or past client. Hence, at this point, without knowing you and your specific needs, we are writing this to provide you with basic and very generalized information. There are some key reasons that many of our clients refer people to us all year long. Some examples are as follows:

• You own a home, it's gone up in value, and you desire to refinance the home to reduce your interest rate (lower payments) and consolidate auto loans (installment loans) and credit card debts, and to take advantage of the mortgage interest rate deductions.
• You own property and want to refinance it, pull equity out, and use it to purchase additional property.
• You have inherited property along with other family members and desire to obtain a loan to buy out other people's interest in order to move in and live in it or to rent it out.
• You desire to purchase your first home and want to be guided through the process and take advantage of all of the special first time buyer programs.
• You have heard about Zero Down home loans and want to see if you can stop renting and own your first home.
• Your family has outgrown your current home and you want to know if you can keep it, rent it, and still buy your move-up home.
• You have arrived financially and want the trophy home on the hill and want to qualify for the financing prior to making your offer so that when you make an offer it is without a finance contingency.
• Whoops, a financial reversal has caused you difficulty and you need money to pay it off: Debts in arrears, IRS, EDD, law suit judgment foreclosure, uninsured medical expenses, or liens and you need money now!
• You want to buy a property, your current one has not yet closed, and you need a bridge loan.

Credit lines are a great way to have ready cash, these loans are a great way to purchase homes as well. We often make 75% loan to value first loans, 15% second credit lines and 10% down payments or 80-15-5's, with certain loan programs. This method avoids the high cost of Private Mortgage Insurance (which is not tax deductible). In each case, we ask loan clients to bring the following documents to an initial consultation appointment:

• Last two years of tax returns complete with all schedules, 1099s and W-2s.
• Three months of consecutive statements on all banks, stock market, money market accounts, 401(k)s, and IRAs.
• One month of statements on all revolving and installments note accounts, spouse and child support.
• Copies of the last two pay stubs and all additional sources of incomes, interest, dividends, commission/bonuses.
• Two checks: one for a credit report, one for an appraisal.

We analyze the information, run the credit report, obtain the scores and then select the loan product that best meets the client's needs. Our clients are offered choices on loans for which they qualify. Therefore, each of our clients has a custom-selected loan. We want you to tell people who are close to you how we assisted you with your goals. In fact, we don't want to advertise but want you to brag about the quality of our services to people like you who enjoy receiving world-class service. Naturally, it is in our best interest to become your Realtor® for life. If you are buying, selling, or financing real estate in California, then we want to serve you. If you desire to conduct business outside of California, we will be happy to refer you to a firm who shares our same beliefs about customer care and who is committed to representing you as if they were us. We at California Star Properties, Inc., recommend that our clients adopt a prudent approach to financially developing their Real Estate Plan. We believe that you should want to share your plan with a real estate professional before you decide to buy, sell, or invest in real estate. A professional can not advise you without knowing you as a person and reviewing your plan. The absence of a prudent real estate financial plan may be the true explanation of why there are millions of Americans who have not purchased more real estate. Mark Twain once wrote, "Buy land me boy, buy land because eventually there will be no more."

Gary has lived in Santa Clara County most of his life and always finds himself retelling a similar story. In 1972, the average cost of a home in San Jose was $27,000. In 1973, homes went to $29,950 and everyone was saying it wouldn't last. In 2001, the average home was $539,000. So when he asks someone "How many $27,000 homes located in San Jose would you like to own today?" The only correct answer is, "All of them". In all cases, property values rise and fall, due in part, to economic conditions. However, real estate is not a "get-rich-quick scheme". Real Estate is the American Dream and it is timeless. It is part of our value system. We think that over the next 20 to 30 years you will see similar growth since the supply of housing will not meet the needs of the employment opportunities to come.

While it is true that we all experience economic down times and that from time to time we do experience a devaluation in property values, it is also true that these times present real buying opportunities. Once again, we believe that you should always buy additional properties and should plan to keep them long term to enjoy "passive" income.

The following information is designed to allow you to more seriously consider where real estate financial planning fits or might fit into your overall personal financial picture. We at California Star Properties, Inc. focus on the following principles:

• Increasing our clients' net worth
• Decreasing our clients' cash outflow
• Enhancing our clients' lifestyles
• Improving our clients' tax situations

Over the years real estate has assisted countless numbers of individuals achieve substantial financial security.

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