Volunteering at “Family House” Where Families Stay Together While Their Kid Undergoes Treatment

Recently The New York Times reported that San Francisco has the lowest percentage of kids of any major U.S. city. There are many reasons as the high living costs. Yet, if a kid suddenly has a life threatening illness and has to undergo treatment in San Francisco, who is going to accommodate them, if their parents cannot afford it? Luckily there is Family House, a place where families can stay together and support one another while their sick child goes through treatment.

My Angel_small
Tsentol and Maureen

Maureen Couture, AMSI Realtor specializing in sales, furnished corporate interim housing, and Chris Todd AMSI Unfurnished Rental Specialist, volunteered at the “Give Back” day at Family House, which was hosted by the San Francisco Association of Realtors.

Family House is a not-for-profit organization and serves as a home away from home for families of children with cancer and other life-threatening illnesses receiving treatment at the University of California San Francisco Benioff Children’s Hospital.

Maureen and Chris assisted with a buffet style morning breakfast, played with the children and talked with the parents and staff. Maureen says: “It felt wonderful, a total feeling of love and giving. I couldn’t have been happier to be there!”. What she enjoyed the most was spending time with the children, especially with a young girl named Tsentol who just turned 3 this week. She has brain cancer and lives along with her mother and father at Family House.

More than 3,000 families that Family House serves at their location over the course of a year, are not just being provided with temporary 100 cost-free housing, but comfort and emotional support, free from financial concerns. Qualifying families live more than 50 miles from UCSF, and many live at or below the low-income status as determined by UCSF.

While children undergoing bone marrow transplants, chemotherapy, and radiation are their most common guests, they also accommodate those facing other life-threatening childhood illness such as fetal surgery, transplants, and cardiac patients when space is available.

Besides getting supported by volunteers and organizations from the Bay Area, they are offered specialty rooms such as a workout, meditation and teen room at Family House. Moreover a private courtyard with BBQ, play areas with books for kids and adults and much more.

Maureen has been so touched by her first visit to Family House and being involved with the kids and their families that she most definitely will volunteer there more often from now on. Along with several AMSI staff members she already has plans for her next visit at Family House. They will sponsor a lunch or dinner for the kids to brighten up their day a bit, and give them the feeling of not being alone while going through these tough times.

Family House is more than just free, temporary housing – it’s a home away from home, and a supportive community of people who are dedicated to providing a caring environment for the entire family while their child is undergoing treatment.

If you want to get involved with Family House too, you can volunteer or donate. Please visit their website for more information at www.familyhouseinc.org

You can also contact Maureen or Chris directly, if you have any questions about their volunteering experience:

Maureen Couture Email
Chris Todd Email

“Prices Down Again in San Francisco”, “Fed, Mortgage Rates Hold Steady Amid Busy Week” and more – Local Market Trends San Francisco February/March

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.

Robb Fleischer, AMSI CEO, CFO and Broker

Award-Winning AMSI Real Estate Agent Jenine Atencio Caucutt Shares Her Success Story

AMSI Real Estate Agent Jenine Atencio Caucutt has been awarded Leasing Agent of the Year 2016 by the San Francisco Apartment Association.

Jenine Atencio Caucutt has been awarded Leasing Agent of the Year 2016 by the San Francisco Apartment Association. Now we’ve asked her to share her success story with us.

“I’m one of those people who believe all things are connected. If I stay true to myself, show heart, try not to judge, stay focused on my goals and share my gifts then things always work out for the best!”

jenine
Jenine Atencio Caucutt

Tell us a bit about yourself. When did you join AMSI and what do you specialise in?

I grew up in Denver, Colorado and have lived in San Francisco since 2004. I’ve worked with AMSI since then with the exception of a 2-year period from 2013-2015 to move to Nashville. I focus on leasing and corporate housing sales.

What do you enjoy the most about your job and working with AMSI?

AMSI is such a great place to be and the broker Robb Fleischer is the best! There are so many great people here. It’s easy to get inspired by each of my team member’s gifts. The company model enables each agent to excel in a variety of capacities. If you like to work with property owners, real estate sales and leasing are good for you. If you excel in a more structured sales environment then corporate housing sales is good for you. Throughout the years with AMSI I discovered that my skills and connections align with both worlds so I like to engage in both.

Why do you believe Robb is “the best”? How did Robb contribute to your success journey?

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Jenine Atencio Caucutt and Robb Fleischer at the San Francisco Apartment Association award ceremony journey?

Robb is consistent in teaching his team that all challenges are really an opportunity. He is supportive in our efforts as agents and he also inspires us by helping us to see how we can be creative in each deal. Robb has taught me that real estate is really a creative endeavor. On one occasion, Robb demonstrated to me that sometimes we have elegant transactions and sometimes we have clunky transactions, almost like a dance. That conversation totally re-framed how I look at real estate!

What is your key to success?

Consistency and follow through are important to me. I also try to push myself to learn new strategies, stay current with industry trends and technology as much as I can.

What is your motto in life?

I’m one of those people who believe all things are connected. If I stay true to myself, show heart, try not to judge, stay focused on my goals and share my gifts then things always work out for the best!

How did it feel to take the Leasing Agent of the Year 2016 Trophy home?

It felt great!

Clients love working with you. What do you believe makes you so special and unique?    

I bring heart and integrity to my work. I make it a priority to really hear my client’s objectives and deliver accurate and up-to-date information on current market conditions so we can determine the best strategy to achieve their goal quickly.

You lived in Nashville for a while during your 2-year break with AMSI. What pulled you back to San Francisco?

I love both cities! At the end of the day San Francisco is hard for any city to measure up to. It’s visually stunning, culturally rich and there are so many opportunities here.

Which neighbourhood in San Francisco defines you the most and what do you like about it the most?

That’s tough. One of the things I love most about working in real estate in San Francisco is that I have the opportunity to get to know and enjoy all of the unique neighborhoods in the city. Each of them has something special, which is the beauty of San Francisco.

Visit Jenine’s website
Twitter @JenineCaucutt
www.amsires.com  

Jenine Atencio Caucutt takes Leasing Agent of the Year 2016 Trophy Home

We are proud to announce that our wonderful and very dedicated AMSI staff member Jenine Atencio Caucutt has been awarded Leasing Agent of the Year 2016 by the San Francisco Apartment Association. She is the third staff member in a row to take this trophy home after Dawn Cusulos in 2014 and Danny Liu in 2015. 

Jenine says “I am passionate about maximizing opportunities for all of my clients.” This surely reflects in her professionalism and wonderful personality. We congratulate her for the well-deserved recognition by the San Francisco Apartment Association. 

The company’s industry standing has made AMSI the number one contact for renters seeking furnished and unfurnished rentals in many prime locations across the United States. Additionally, affiliations with property owner’s worldwide have expanded our available accommodations internationally. 

AMSI has earned a respected reputation since the company’s inception in 1970 and has been honored for innovation and business achievements. 

Jenine Atencio Caucutt
AMSI Executive Leasing, Relocation, Real Estate Sales and Property Management Specialist
Phone: 415-447-2022
Jenine’s staff website

Danny Liu is SFAA Leasing Agent of The Year 2015

We are very proud for Danny Liu being awarded San Francisco Apartment Association’s Leasing Agent of The Year 2015.

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Find all the winners the SFAA Trophy Awards 2015 including AMSI’s Danny Liu here 

His AMSI underpinnings, detail oriented training, and real estate background have allowed him to become a valuable asset to his clients.

“I focus on my clients needs and goals to produce a dialogue of a clear plan of action. My client-oriented service combined with open communication and transparency, and AMSI support staff have yielded extremely satisfied clients and long lasting relationships.” ~Danny Liu

If you are searching for a property leasing professional or property manager Danny will to help you to obtain your goals.

Danny’s Page

Prices Reach All-Time Highs – June/July Real Estate Report

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.

Real Estate Reports by Robb Fleischer

Prices Reach All-Time Highs – Real Estate Report May/June

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.

Real Estate Reports by Robb Fleischer

 

 

Home Sales Pop in March – Real Estate Report April/May

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.

Real Estate Reports by Robb Fleischer

Relief in Sight? – Real Estate Report March/April

The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.

Real Estate Reports by Robb Fleischer

FHA Streamline Refinance: No Appraisal or Income Verification

Guest Post by Optimal Loans Oakland, CA optimal loans oaklandAn FHA Streamline is a special loan product for individuals that have an existing FHA mortgage. It is a very easy and pain free process that does not require a Home appraisal and income verification. One of the perks of not having an appraisal is that you can refinance your loan even if your loan amount is higher than the value of the property. Also you don’t have to worry about paying for an appraisal. The FHA encourages folks that are underwater to refinance their property and lower their monthly payment. This is a great time to take advantage of this opportunity because the requirements to qualify are very lenient and simple. And most importantly the interest rates are the lowest they have been in the last 2 years. Also the MIP has been reduced dramatically. The reduction amount is dependent on your loan amount and amortization. Please refer to the MIP Chart towards the bottom of this article to understand this better.

Requirements of the FHA streamline program:

Employment
We wanted to dig in deeper to help you understand what lenders actually require from you to get this deal done. Income verification is not required in an FHA loan. When applying for a Streamline loan you do not need to provide W2, 1099 or Tax returns. Lot of articles online state that no job verification is required. However most lenders will do a Verification of Employment before the loan funds. This is merely a call to your employer to ensure that you have a job.

Mortgage only Credit Report
In an FHA streamline loan the lenders do not require a credit report but they require a Mortgage Only Tri-merged Credit report. They want to verify if you have had any late payments in the previous year. You are only allowed to have one late payment on your mortgage in the last 12 months. Also most lenders require a minimum credit score of 620 on Conforming FHA loans and 640 on Jumbo FHA loans.

Other Requirements
In order to qualify for this mortgage there must be a 5% reduction in P&I and MI. FHA streamline loans do not allow lender cashback and all credit from the lender will be applied to the reduction of the principal balance. Streamline loans are only for owner occupied properties. The borrower must have made at least 6 payments on the FHA mortgage that is being refinanced to qualify for a Streamline Refinance. At least 210 days must have passed on the FHA mortgage before it can be considered. You may not increase loan balance to cover for loan closing costs. The borrower must pay for closing costs out of pocket or cover them with lender credit. The closing costs consist of lender origination charges and title/escrow charges. This is not something that should worry you given today’s lending market. Most lenders are giving plenty of credit on interest rates that cover for your closing costs. It is very common to find a zero cost streamline loan or a loan that requires very low closing costs.

Upfront Mortgage Insurance Premiums
All loans that were endorsed by the FHA on or after June 1st, 2009 will have an Upfront Charge of 1.75% of the loan amount. This will be added to your loan balance. For example if the loan amount you are applying for is $200,000 then your upfront will be $3500. UFMIP formula = 1.75% X Current Loan amount. If you are refinancing within 3 years of your initial loan, FHA will provide a refund on previously paid upfront MIP. The size of the refund decreases as your 3 year time frame diminishes. Contact your Loan officer to get an exact figure of how much your refund will be.

Now that we have discussed the requirements. Let’s tell you why you should apply for a FHA Streamline Refinance. -First and most importantly the Annual MIP has decreased on January 26th, 2015. Even if you have a great Interest Rate you can save a lot on the MIP itself. Refer to the charts and example below.

Term > 15 years

Base Loan Amount LTV Previous MIP New MIP
< $625,500 < 95.00% 130bps 80bps
< $625,500 > 95.00% 135bps 85bps
>$625,500 <95.00% 150bps 100bps
>$625,500 >95.00% 155bps 105bps
Terms < 15 Years
Base Loan Amount LTV Previous MIP New MIP
<$625,500 78.01%-90.00% 45bps 45bps
<$625,500 >90.00% 70bps 70bps
>$625,500 78.01%-90.00% 70bps 70bps
>$625,500 >90.00% 95bps 95bps

For example: If your FHA loan amount is $525,000 and your MIP is at 130bps. You are paying $568.75 in Monthly MIP. Now, if you were to refinance with the Streamline program you can decrease your MIP from 130bps to 80bps. So your new monthly MIP will be $350. That is a $218.75 saving on your monthly payment. And you can do this without an appraisal!!

  • Very little paperwork required for a streamline. Which means very little time and effort required to get the deal done.
  • You can lock in a great interest rate in today’s Market. Ask your loan officer for a rate quote!
  • It is very common to find a loan that will cost you close to nothing as lenders are offering credit on interest rates. This depends on what rate you chose. Ask your Loan Officer about this.

In general this is a great time to refinance any Home mortgage given the current interest rate market. But if you are on the Streamline path it is the best time. You may be wondering why the FHA is allowing such a great loan program. Well, by allowing borrowers to lower their mortgage payments they reduce the risk of defaults on FHA mortgages. As the FHA insures these mortgages made by lenders it is the FHA’s goal to reduce risk on its overall portfolio. If you have a FHA Mortgage then don’t wait because it is a guaranteed saving and practically very minimal effort from your end. Optimal Loans www.optimalloans.com info@optimalloans.com