By: Kenny Melcombe

Cal State University Northridge is just about to have the grand opening for the student rec center. The past friday I had the opportunity to attend the Pre-Opening Dress Rehearsal. In a few words, it was better then I had anticipated. It was amazing!

This is a state of the art center including a rock wall, basket ball courts,racquetball, indoor track, swimming pool, yoga studio, group exercise room, on top of the typical weight rooms, and fitness cardio rooms with eliptical, spin bikes, treadmills. Though typical is not the word to use… including 3 separate weight rooms and cardio equipment that can monitor your workout. Speaking of Technology–the SRC is striving for a LEED Gold Status and was designed to use the energy created by the bikes, treadmills, elipitical machines to power the entire building.

My friday workout consisted of climbing the rock wall, running the track and the treadmill, biking 12 miles, using the weight room, and ending with a swim in the beautiful pool. I can truly say this was the best time I have had working out and look forward to keeping in shape at the SRC.

The Grand Opening will be Thursday. Come get your memberships and get in shape. Or, by the way, If you join the Alumni Association you can get a significant discount on the membership. To join the Alumni Association click this link: https://www.csunalumni.com/default.aspx?page=Membership

The SRC features state-of–the-art weight and fitness zones, a rock wall, locker rooms, a 3-court gymnasium, a multi-activity court, fitness and group exercise studios, a racquetball court, an indoor track and recreational/lap swimming pool.

The SRC will have 3 different fitness zones that will be equipped with resources to help you achieve your fitness goals.

Inside the SRC will be 3 studios dedicated to Group Exercise and Fitness Training.

A multi-purpose studio where Zumba®, Step 360®, kickboxing, muscle conditioning, belly-dancing, hip-hop, boot-camp and many more group exercise classes will be held. This studio, when not being utilized for classes, will also be available for individual use and private training.

This studio will have specific equipment that will be utilized for classes such as; Spinning®, yoga, and pilates. Group and private mat, reformer and chair Pilates training will be available.

Determination Studio
A specialized studio equipped with TRX® and boxing equipment. This equipment and studio will be available during supervised open recreation times and scheduled classes.

INDOOR JOGGING TRACK

The SRC contains an indoor jogging track that is 1/8 mile long so you can enjoy your run in a climate-controlled environment, protected from the San Fernando Valley sun. The track’s superior biomechanical design allows for consistent traction with a cushioned surface providing greater safety and comfort.

Come test your limits and see if you’ve got what it takes to make it to the top of the 44-foot Ridge — Rock Climbing Wall!

The SRC has two pools available for your aquatic adventures. The Rec Pool is located at the SRC and the Plaza Pool is located adjacent to Subway in the University Student Union Plaza. The Rec Pool is available for both recreational and lap swimming. A large deck with furniture is also available for those that would like to relax and enjoy the beautiful surroundings. The Plaza Pool is programmed for lap swimming and special events but also has deck chairs available for those that would like to kick back in the sun for a bit. Please click the link below for pool hours. https://www.csunalumni.com/default.aspx?page=Membership

Information taken from http://src.csun.edu/

Operation Gratitude Needs Your Help This Week Dec. 12-17

By: Mary Pane

This is it: The countdown to the 750,000th Care Package on December 17th!

To reach that milestone, Operation Gratitude has an enormous amount of work to do at the armory this week and need everyone’s help.

Rich is going to open the armory each day this week from 9 am to 5 pm (note the extra hours each day). Please come in and volunteer for any time you have available to help prepare for this very special event.

Also, in case you missed it, CBS Sunday Morning aired a great piece on Operation Gratitude this morning. You can view the video here: Operation Gratitude: Gifts for Heroes Far From Home.

Please share the video with your friends and family and encourage them to support your work and our mission.

Remember: We need your help all this week from 9-5.

Sherman Oaks is littered with cars

By: Tim McLaughlin

The last two days have been lousy with traffic. I mean, really bad. If I were to theorize why the roads have been so packed I would assume it has something to do with the holiday season. It seems like every year around this time the city starts to grow to an extreme bustle and by Thanksgiving day, the traffic is close to nil. However, my theory could be far from the truth so don’t go off my word.

In the midst of all the activity I stumbled upon a free app called Inrix Traffic which provides real-time traffic maps, traffic forecast, accident and incident reports for every interstate, highway and major arterial and city street. It’s much better than the standard traffic report on the latest iOS so give it a try. It might save you from another headache this season.

By: Tim McLaughlin

Dracula Drool: This vile vial gets bonus gross-out points for its graphic name. It’s not just blood, it’s hemoglobin-stained saliva that dripped off the Count’s slobbering fangs.

Vampire Hair: Candy hair would have made this list on its own; so would candy vampires. The combination in a flossy candy that explodes on your tongue puts it at No. 2. Also noteworthy is the revelation that Marge Simpson is indeed a vampire.

Toxic Waste: There’s a classic trope of hazardous waste turning people into heinous mutants. This version turns kids into people who enjoy sucking on unpleasant, intensely sour candy. According to the barrel’s chart, keeping one of these in your mouth for a minute makes you a full toxie head. If you last only 45 seconds you’re just a toxie wannabe.

Blood Energy Potion: This sugary maroon liquid claims to have “similar nutritional content to natural blood.” A serving does provide 55% of recommended daily iron value and 880mg of amino acids. It even tastes like blood, but only Franken Berry’s blood. An impressive Web tie-in poses it as a synthetic blood substitute for vampires, an alternative to feasting on humans. With its microwave instructions to heat to 98.6°F and transfusion bag packaging, we give this an A(Rh)+ for commitment.

Body Parts Sushi: There’s something about eyeballs, fingers, and ears topping seaweed-wrapped rice that gives us an extra kick of queasiness. Associating hacked body parts with customary fare legitimizes cannibalism in a way that puts us ill at ease. Also, the list of ingredients includes the word “pork.” Wretch. Comes with chopsticks.

By: Cynthia Sparagna

The New York Times

Triggers for rejection
Last year, more than two million people were turned down for homes, according to federal data, often because the applicants didn’t meet certain lender requirements or because their applications were incomplete or otherwise problematic.  With lenders’ underwriting criteria becoming more rigorous in recent years, it’s important buyers know the most common triggers for mortgage-loan rejection.

Making sense of the story:

• Insufficient income: Lenders want to be sure borrowers can afford to make the mortgage payments.  Lenders typically look for at least a two-year track record of income, which could hurt those who have changed jobs recently.
• Cloudy financial picture: Generally, total debt payments, including the mortgage, cannot exceed 45 to 50 percent of a borrower’s adjusted gross monthly income.  Overtime and bonuses are included only if the borrower has worked for the same employer at least two years, and has a history of receiving them.
• Poor credit: Lenders typically reject applicants with FICO scores below 620.
• Low appraisal: One of the predominant reasons buyers are turned down for home loans is because the appraisal on the property is too low.  A buyer may think he or she is purchasing a house worth $800,000, but if the appraisal comes in less than that, the lender will not loan the borrower the money.
• Property problems: Sometimes issues turn up within a house, like a major repair or safety issue that needs to be addressed, before an application can be approved.
• Information mix-ups: Approximately 12 percent of new mortgage applications were denied because of unverifiable information or incomplete credit applications, according to the Federal Financial Institutions Examination Council.

Sunday, October 16, 2011; 10 to 6

By: Cynthia Sparagna

Sponsored by the Sherman Oaks Chamber of Commerce, the 21st Annual Street Fair will include live performances, food vendors, artisans and local student performances on the community stage. For those looking to revive their German Heritage, the Beer Garden is coming back and will be set up near the main stage. Winos, fear not. They will be pouring to suit your needs as well.

The main stage will have a variety of music and perhaps, most enticing of all, I will be the Emcee. Come on out with your friends and family and enjoy the biggest annual block party in Los Angeles!

Please note: Ventura Boulevard will be closed from Van Nuys Boulevard going West to Kester Avenue.

4 changes to upcoming FHA loans

By: Charise Mitchell

Tips taken from CAR

As you may know, unless Congress extends the expiration deadline, Federal Housing Administration (FHA) loan limits set in 2008 will drop significantly beginning October 1. Congress raised the loan limit amount in response to the housing crisis to help spur the homebuying market. FHA loans offer borrowers very competitive rates and terms, and they only require a 3.5% down payment. Allowable debt ratios are higher than the typical debt-ratio limits imposed for conventional loans, and there are no income limit qualifications, so more people can qualify for them.

If the loan limit drops on October 1, many California homebuyers will face higher down payments, higher mortgage rates and stricter loan qualification requirements. Borrowers seeking larger mortgages will have to apply for conventional loans or jumbo loans, which may be subject to higher interest rates and down payments. Here are four things you should know to help your clients now.

1. LOWER LOAN LIMITS. The conforming loan limit determines the maximum mortgage amount that FHA, Fannie Mae and Freddie Mac can buy or guarantee. If your client wants to stay under the current loan limits, then encourage them to purchase now and close by September 30th.

2. DROPS BY COUNTY. Under the new FHA loan limits, some counties will see significant drops in their loan limits. San Diego County will experience a $151,250 drop, Sonoma County a $141,550 reduction, while Orange and Los Angeles Counties will drop by $104,250. To see a full, county-by-county list of changes, click here.

3. JUMBO LOANS. The current FHA loan limit is $729,750. After October 1, that limit may drop to $625,500. Mortgage loans higher than that amount will be considered non-conforming jumbo loans, which typically have rates that are 0.875% to 1.5% higher than conforming rates, depending on the loan product, and require higher down payments.

4. MORE STRINGENT REQUIREMENTS. FHA loan requirements may allow for lower credit scores. So an applicant with a lower FICO score can still qualify for an FHA loan, even if they can’t for a conventional loan. Your clients may be able to obtain an FHA loan three years after defaulting or having a loan foreclosed.

By: Tina Stern

My listing of 114 Hollister Ranch, Gaviota, California was featured in the Business Section of the Sunday Los Angeles Times on 9.4.2011 as their choice for “Home of the Week” (view here). This 108 acre property with 5 structures is nothing short of magnificent. To view the property, see the YouTube video below or view the property website at www.114hollister.com

The legendary Hollister Ranch. Full parcel Listing. Inaccessible to the public, guard gated 24 hours a day. The 14,400 acre Ranch has 8 ½ miles of private pristine beach frontage for the exclusive use of homeowners. Property includes 2 complete houses, 1 guest house, 1 barn-game room and 1 secluded hilltop hideaway. Located approx. 30 minutes up the coast from Southern California’s most charming city, Santa Barbara. Ranch consists of 136 one hundred acre, or larger parcels. Parcel 114 is nestled in its own private valley. Its approx. 108 acres lie on a private road winding through 100 year old oaks, spring-fed creeks & vistas from rolling hills to pastures & the Pacific Ocean. It offers privacy, security & beauty only minutes to the beach. Whether seeking solitude or staging a grand getaway for family & friends, this is a rare, once-in-a-lifetime opportunity to own a virtually unspoiled piece of the California dream right on the most protected coastline in Southern California

By: Sharon Haims

Join other runners and walkers in the First Annual 5K Run/Walk in honor of Conor Lynch, the Notre Dame cross country runner who lost his life last year crossing Woodman Ave. in Sherman Oaks.

The event will take place Sunday, October 16th at the Van Nuys Sherman Oaks Park, 14230 Magnolia Blvd.  Pre-register by October 1st on active.com.  Entry fees: $30 (pre-registration) $40 (day of event).

Funds will benefit programs that raise awareness and promote the safety of pedestrians, runners, cyclists and young drivers.

Come out and participate in a fun event for a great cause!

By: Cynthia Sparagna

Taken from NAR

To help develop policies that will stabilize the nation’s housing market and support an economic recovery, the National Association of REALTORS® urges the White House to host a summit of policy makers, industry leaders and government stake holders focused on revitalizing the nation’s housing.

“As the leading advocate for housing issues, REALTORS® know that homeownership supports our nation’s economy,” says NAR President Ron Phipps. “Housing and homeownership issues affect all Americans, which is why we need strong policies that will help stabilize the housing market and lead the way out of today’s economic struggles.”

A housing recovery is key to America’s economic strength, and NAR wants to make sure that proposed legislation and regulatory rules or changes to current programs and incentives don’t further exacerbate problems within fragile real estate markets across the country.

A broad discussion among all stakeholders about what needs to be done to put the housing market and economy on a path to recovery could provide valuable recommendations and solutions to promote responsible, sustainable homeownership and stabilize and revitalize the housing industry and economy.

“REALTORS® look forward to coming together and working with President Obama and his administration as well as our industry partners to design a housing recovery plan that will serve our nation, its 75 million homeowners and indeed all Americans today and into the future,” says Phipps.

Information about NAR is available at www.realtor.org.