Sunil Sethi
Realtor, Mortgage Broker, Owner, MBA, CPA
Buy, Sell and Finance Homes in Fremont, Newark & Union City
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Sunil Sethi - Newsletter - August 2007

Sunil Sethi's Newsletter
August 1, 2007
 
IN THIS ISSUE:

 Real Estate Statistics 
 
QUICK LINKS:
 
 Recognition Contest
If you recognize this woman, 1st two to Call me will win a $5 Gift Certificate at Starbucks extra points if you can tell me what she's doing now.
 Do You Recognize This Person?
 * Recent winners ineligible to play for 3 months.
 
 Last Month's Answer and Winner

 
Only one person recognized these two beautiful ladies, aka the "San Francisco Twins, aka the Wrigley Doublemint twins whose real names are Vivian and Marion Brown.  
 
Last month's winner:
Samatha Cohen, Sunnyvale, CA
 
 
Sunil Sethi
Realtor, Mortgage Broker, MBA, CPA 
(510) 793-8600 Main
 
Taking You Forward

 

100% of my business is from referrals. So if you like my service and know of others that would appreciate receiving this newsletter, please forward it to them as an introduction to me. I look forward to helping you on your next Real Estate or Mortgage transaction.
 
Best Regards,
 
Sunil Sethi 
 
 

  
 Real Estate Statistics
 The Peninsula, SF and Marin are still seller's market, with Marin being the strongest. Alameda County is neutral with pockets of weakness, Solano and East Contra Costa are buyer's markets. Check out this heat map.
 
If you ar a buyer you should be actively scouting deals. If you are an investor, you should be looking in Riverside County, because there's a glut of property and they're easy to rent out. Call me if you're interested.
 
Check out the latest real estate stats at Apple Appraisal.  top
 
 JUMBO 5/1 ARM Interest Only 6.25% 
Just locked a client for a purchase into a 5/1 ARM IO at 6.25%. It's the best rate I've seen in a while. top
 
 Fremont's Festival of the Arts
Did you know Fremont's Festival of Arts is one of the biggest summer festivals in California. It takes place Aug 4-5. Get more detail here. top
 
 Meet Fellow MBAs interested in Networking on August 2
BayAreaMBA.com organizes socials to help you network with fellow MBAs. These functions normally get attendance of about 300-450. I've found these events a great way to meet old friends and make new connections. The next social will be on August 2 (Register Here). Hope to see you there. top
 
 Power Tools for the Real Estate Investor
TRexGlobal is building a series of tiny simple apps to empower the real estate investor. The 1st app Defer'm simplifies the completion of Form 8824 which reports to the IRS your deferred gain on your 1031 exchange. Even CPAs love this app!
 
The 2nd app is Depreciate'm which simplifies the segratation of the assets purchased and values them to allow for accelerated depreciation and then completes the Form 4562. If you are investing in real estate, you'll want to use both these tiny apps.  top
 
 Help Save Vinay's Life
Vinay is 28 years old and has Acute Myeloid Leukemia (AML). He is married, and we have known the family for more than 25 years. Vinay was diagnosed in November of 2006 and was informed a few weeks ago that he is in need of a bone marrow transplant.
 
Every year many South Asian patients are diagnosed with blood-related diseases.  In order to survive, Vinay and many other patients need a bone marrow transplant from a matching donor. Nearly 30% of patients will find a matching donor within their families. The remaining 70% must search for an unrelated donor. Unfortunately, a very small percentage of South Asians (Indians, Pakistanis, Sri Lankans and Bangladeshis) are registered to be marrow donors. South Asians comprise approximately only 1% of the National Marrow Donor Registry. 
 
Vinay grew up in Fremont, California and attended Ardenwood Elementary, Walters Junior High, Kennedy High School, and UC Berkeley before going on to getting a Masters and MD at Boston University. Vinay and Rashmi have lived in Boston since the wedding. Vinay is known amongst his family and friends as being a kind, honest and loving human being.  
To find the location of where you can register as a bone marrow donor to help Vinay go here: www.helpvinay.org.    top
 

Quick Access to Sunil's Previous Newsletters:
2007: Sept Aug Jul Jun May Apr Mar     2006: Dec Nov Oct Sept Jul May Apr Mar
2005: Dec Nov Sept Aug Apr Mar Jan    2004: Dec Nov Oct Sept Aug Apr


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