We’ll post more. Stay tuned!
COVID-19: Adapting With Our Clients and Staying Focused
We want clients - sellers and buyers - to feel safe and be well throughout the process. These are some of the precautions and processes we take to adapt in this new world.
Client always consulted on what is safe - vacant vs. occupied options
Safe social distancing and safety precautions always observed with fully vetted serious buyer or sellers for physical showings
Virtual showings and open houses using 3-D walkthroughs, live video
Virtual staging when needed
Virtual events to showcase your home
Digital listing brochures and websites
All digital media and social media trackable to gain data and insights
Escrow and inspections - all safety precautions practiced
Team stays up-to-date on any COVID-19 changes locally, state-wide, nationally
Questions and concerns? Ask us.
Gregory Dragon Stays In - Children's Book Explaining the Quarantine and COVID-19
Here we see a little dragon, being very brave. He's keeping all his loved ones safe by staying in his cave.
Countless kids and parents are dealing with this quarantine. PLEASE SHARE THIS IN YOUR SOCIAL MEDIA AND OTHER NETWORKS.
Our client Greg Sullivan just released this on Amazon https://amzn.to/2xaKgEV
Learn more at http://GregoryDragon.com
Profits will be donated to the Boys and Girls Club of the Foothills.
#quarantine #kids #parents #coronavirus #covid19 #gregorydragon
Sightings and Observations On Our New Normal
Click image to play song
Bill Withers - Lovely Day (Audio) - Click image to play song
#BillWithers #LovelyDay #OfficialAudio
R.I.P. Bill Withers - Thank you for the music.
Ideas on other subjects to talk about with people other than
COVID-19 pandemic
Have you had a "Zappy Hour" yet?
Connect with friends and family
We've had a couple family meetups and drinking sessions with friends on Zoom.
Most of us have probably started doing this to stay connected.
If not, then get started with your favorite conference app(Google Hangouts, Skype) to break the monotony and connect!
For additional fun, may we suggest you download the Snap Camera Lens
Tutorials here
We also highly recommend https://houseparty.com/
Be safe. Be well.
Small Business Assistance Updates from CD13 - Mitch O'Farrell, Councilmember
Small Business Assistance Updates
This content below is from the office of Mitchell O'Farrell, Councilmember, 13th District, Los Angeles:
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Hello, I hope this finds you well,
As many of you know we had a marathon City Council meeting last Friday, that lasted 11 hours. Many of you contacted our office regarding impacts on small businesses, in particular 1.) the paid leave, and 2.) the right to recall, as well as prohibitions on evictions of commercial and residential tenants impacted by the COVID-19 pandemic.
The "paid leave" item was amended to be for businesses with 500 employees or more, and the "right to recall" was continued to allow City Attorney and analysts to report back on the impacts this policy would have. Stay tuned for next steps.
Below is what may be helpful information regarding financial aid available locally, and at the State & Federal levels. This is just an overview, and more will become available on a day to day basis.
City of Los Angeles "Micro-Loan" program
These $5,000 to $20,000. loans can be interest free depending on the length of the loan, info below:
https://ewddlacity.com/index.php/microloan-program
Federal Stimulus Package:
The financial stability of the nonprofit sector and small businesses remains an ongoing concern due to the growing impact of the COVID-19 pandemic. But there are new streams of funding that can help under loan opportunities that provide access to capital to meet the most urgent needs. Nonprofits and businesses with 500 employees or fewer that need help with payroll, rent, or mortgage expenses due to the COVID-19 crisis are eligible to apply for loans under the $349 billion Paycheck Protection Program (PPP) authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress last week. The U.S. Department of the Treasury and the U.S. Small Business Administration (SBA) have issued guidelines. Find a fact sheet on PPP here.
SBA notes that SBA, “funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll).”
Applications will be accepted beginning Friday, April 3. Members are encouraged to apply as soon as possible, because funding is limited.
As SBA lenders expect a high volume of applications, members are encouraged to work with a lender if there is an existing relationship.
Find a list of the top 10 SBA lenders by volume here.
Find helpful nonprofit guides to the CARES Act here and here.
>Stay connected to CD13 by subscribing and/or join their social media - https://cd13.lacity.org/about
Do You Have 45 seconds and Remember Top Gun? A Friendly Mask Reminder
From our friend and sometime Jedi Drone Pilot Jonathan Bareng in Silver Lake …
It’s a dangerzone out there, folks. Wear a mask! That’s an order! #StayAtHome #EssentialMissionsOnly
Thanks Jonathan!
Mortgage and Rental Payment Relief Updates - COVID-19 - Los Angeles
In conjunction with the “Safer at Home” emergency order there needed to be some protection for property owners and renters. In the present environment many are unable to generate an income. The first city action was to protect tenants from being evicted based on the emergency order. The city is allowing tenants to defer payments for up to 6 months after the end of the emergency period.
Below are form links to help define and facilitate these changes.
NOTICE RE: NON-PAYMENT DUE TO COVID-19 (Notice to Renter of Rights Regarding Non-Payment Due to COVID-10)
NOTICE RE: NON-PAYMENT DUE TO COVID-19 (Tenant Provided Prior Notification to Landlord of Non-Payment Due to COVID-19)
Receipt for Partial Rent Payment (COVID-19 Eviction Moratorium)
In addition, here is a link to the housing department guidelines:
HCIDLA (Housing and Community Investment Department of Los Angeles) - COVID-19 EVICTION MORATORIUM
The next step still being worked on is to see if landlords and homeowners will be granted a deferment of their payments with the knowledge they would be taking in less income based on the above emergency action. The director of FHFA (Federal Housing Finance Agency) recently explained the new Mortgage Assistance Program. This program affects all mortgages guaranteed by Fannie Mae, Freddie Mac, FHA and most of all conforming loans. Some of the large banks have followed suit with their non-conforming portfolio loans as well. To look up your loan go to the links below. In each case you will need to contact your servicer (who may or may not be your lien holder) and navigate their process.
Fannie Mae loan look up: https://www.knowyouroptions.com/loanlookup
Freddie Mac loan look up: https://ww3.freddiemac.com/loanlookup/
We will continue to reach out with useful resources to help you navigate these tough times.
Be safe.