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November 2010
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2011 FHA and VA Loan Limits for Los Angeles County

Los Angeles County 2011 VA loan limits dropped to $700,000, as did Orange county,  The 2011 VA loan limits for Ventura County was set at $562.500.  Riverside and San Bernandino counties' limits remain at $417,000. These loan limits are the maximum base mortgage amount for a zero-down VA home loan.

2011 FHA loan limits for Los Anegeles County are $729.750 as is Orange County.  Riverside and San Bernandino Counties have an 2011 FHA loan limit of $500,000.

View the full list of 2011 VA loan limits for California counties.

VA mortgages allow veterans to borrow above the county loan limit if the buyer has a down payment.  You can use this VA mortgage down payment requirement formula to calculate the amount needed.  Los Angeles County homebuyers have found VA loans to be a particularly good option for loan amounts up to $1,000,000, because of the low down payment requirement, in 2009 and 2010.

VA loans do not require private mortgage insurance (PMI) because they are insured by the VA, which collects a funding fee from the buyer.  This makes most VA loans a less expensive option than FHA or conventional loans, where PMI is required.


Arizona is BEAUTIFUL in December: Tenant needed for condo in Green Valley, AZ

I need a tenant for my condo in Green Valley, Arizona.  If you know anyone who would be interested, please send me a message or call!

Green Valley is located in the High Desert,
about 20 miles to the south of Tucson, Arizona.

We are offering for rent a sharp 2 bedroom,
1 3/4 bath condo
in Continental Vistas,
an age restricted
Active Senior Community.
$800.00 per month.

The home offers a covered patio and
private back yard that opens out to a
verdant desert arroyo with
wide sweeping views of the
Santa Rita Mountains.

Easy access to community swimming pool,
many golf courses, restaurants and shopping.

Pets OK. Short term OK.

Cheryl Johnson
323-259-1952 (In Los Angeles, CA)

The property is managed by
Colby Artress
Century 21 1st American
520-331-1795


Sweets Truck Celebrates National Red Velvet Day Today December 11

Tonight, Saturday, December 11, SWEETS TRUCK, a mobile bakeshop and gourmet coffeehouse, will be parked at Cactus Gallery, 4534 Eagle Rock Boulevard from 5:00 to 10:00 PM

Sweets-turck 

THE SWEETS TRUCK HAS DECLARED December 11th NATIONAL RED VELVET DAY and we are going to take a break from "the holidays" and celebrate ...

We are going to dedicate the truck to all things RED VELVET and invite some of our baker friends to join in and bring some sweet red velvet prizes to give away.

The Grilled Cheese Truck will be joining us and we hope to see you there. We want to thank our host Cactus Gallery, NELA and also The Grilled Cheese Truck.

We have also been out on the road for one year (12/1) and wanted to pair our birthday party w/ a great community event and something REALLY sweet! So see you all on 12/11

http://www.facebook.com/#!/event.php?eid=17759848891763

http://www.Twitter.com/TheSweetsTruck
http://www.nelaart.com/
www.eclecticcactus.com/
www.thegrilledcheesetruck.com/


NELAArt Second Saturday Art Walk Gallery Night, December 11, 2010

December 11th is the 5th anniversary of NELAart Gallery Night. There will be 31 spaces open this month!

Saturday, December 11, NELAart presents: SECOND SATURDAY GALLERY NIGHT

WHEN: The Second Saturday of Every Month 7:00-10:00p.m.
WHERE: Highland Park and surrounding neighborhoods.

NELAart Second Saturday Gallery Night is a free self-guided tour of the galleries, non-profits and artist run project spaces located in Northeast Los Angeles (NELA).

NELA has a tradition in the arts that dates back to the early 1900s.

The tradition continues with new spaces opening regularly. NELA is now one of L.A.’s most exciting destinations to view contemporary art.

(Individual gallery hours may vary)

1215 Projects, 1215 Cypress Avenue

An Orange Door, 3188 Verdugo Road

Avenue 50 Studios, 121 North Avenue 50

Antigua Coffee House, 3400 North Figueroa Street

Bike Oven, 3706 North Figueroa Street

Cactus, 4534 Eagle Rock Boulevard

Cafe de Leche, 5000 York Boulevard

Curve Line Space, 1577 Colorado Boulevard

First Defense, 5577 North Figueroa Street

Future Studio, 5558 North Figueroa Street

hi tree, 131 North Avenue 50 (behind Avenue 50 Studio)

Jose Vera Fine Art, 2012 Colorado Boulevard

Kristi Engle Gallery, 5002 York Boulevard,

Land of Odd Gallery, 4690 Eagle Rock Boulevard,

La tierra de la Cuebra, 240 South Avenue 57

Leanna Lin’s Wonderland, 5024 Eagle Rock Boulevard

M2, 4501 Eagle Rock Boulevard

MorYork Gallery, 4959 York Boulevard

New Puppy, Unit 1, 2808 Elm Street

New Stone Age Mosiacs, 4532 1/2 Eagle Rock Boulevard

Outpost for Contemporary Art, 1268 North Avenue 50,

Public Fiction, 749 North Avenue 50

Studio Route 66, 5917 North Figueroa

She Rides the Lion, 133 North Avenue 50

The Glass Studio, 5052 York Boulevard

THIS, 5906 North Figueroa Street

Toros Pottery, 4962 Eagle Rock Boulevard

2 Tracks Art Studio, 135 North Avenue 50 (Next to Avenue 50 Studio)

Verbre Studio and Gallery, 4540 Eagle Rock Boulevard

WORKSPACE, 2601 Pasadena Avenue

York Studios, 5029 York Boulevard


View NELA Art Second Saturday December 11, 2010 in a larger map


Northeast Holiday Parade, Sunday December 5

Holidays on Route 66
66th Northeast Los Angeles Holiday Parade & Winterfest

Sunday, December 5, 2010 at 1 p.m.

The 66th Northeast Los Angeles Holiday Parade will officially bring in the holiday season on Sunday, December 5, 2010 at 1 p.m. The city's second oldest annual holiday parade offers has become a great attraction for entertainers and audience alike!

The list of participants has multiplied in the past two years, offering more marching bands, drill teams, dancers, musicians, floats, equestrian units, celebrities and community representatives.

As in years past, Santa Claus has already confirmed his visit to Northeast L.A. and will be accepting letters from children as part of the Holiday celebration.

This annual volunteer-organized community parade is being presented by the Highland Park Chamber of Commerce with collaboration from Los Angeles City Councilmen Ed Reyes (CD 1) and Jose Huizar (CD 14) as well as the City of Los Angeles Department of Cultural Affairs and numerous local businesses and organizations.

View Northeast Holiday Parade, Sunday, December 5 in a larger map


The parade will proceed from North Figueroa Street and Avenue 60, southbound to Sycamore Grove Park where Winterfest activities continue, offering live music and the announcement of the award-winning Parade entries.

Remember North Figueroa will be closed to vehicle traffic along the parade route from approximately 10:00 AM on.

Accessible by the Metro Rail Gold Line, the parade also introduces visitors to the Northeast area's cultural and historic facilities and unique shopping experience.