MARK YOUR CALENDAR

ART IN THE PARK
This is a FREE program sponsored by the City of Anaheim to teach your children about the arts. Participants will learn about visual arts through hands on projects such as painting, drawing, sculpture, architecture, and photography as well as learn valuable information about artists, cultures and much more! The program is conducted on Tuesdays and Thursdays from 3-5pm and is FREE!. No registration is needed.

FREE ART IN THE PARK LOCATIONS!
Canyon Rim Park (Canyon Rim Road/Serrano)
1st & 3rd Thursday of the month
Ronald Reagan (Toyon) Park (Weir Canyon/Serrano) 2nd & 4th Monday of the month
NOTE: All programs are closed on days of inclement weather. Call the Youth Programs Hotline at 765-4090 for up to date inclement weather information. Children are encouraged by the staff to remain at the park, but are free to come and go at any time. The staff is not responsible for children who choose to leave the park.
Please call Anaheim’s Youth Programs, 714-765-5219
TINY TOTS AGES 3-5
A program for pre-school children to develop social skills for kindergarten & beyond, stories, games, crafts, motor skill development, music & art. 4 locations in Anaheim Hills. Oak Canyon Nature Center, East Anaheim Community Center (Santa Ana Canyon & Roosevelt), Peralta Rec Center & just added Canyon Hills Library. Register on line at http://www.anaheim.net.

ANAHEIM HILLS LIBRARY STORYTIMES
Canyon Hills Branch 400 Scout Trail, 714-974-7630
Family Storytime, Mondays at 7pm, all ages
Toddlertime, Tuesdays at 10:30am, ages 1-3
Preschool Storytime, Fridays at 10:30am, Ages 3-5
East Anaheim Branch, 8201 E. Santa Ana Canyon Rd., 714-765-3887
Toddlertime, Mondays at 11am, Ages 1-3
Preschool Storytime, Wednesdays at 11 am, Ages 3-5
Family Storytime, Saturdays at 11 am, All ages

DID YOU KNOW THAT ANAHEIM OFFERS DAY CAMPS TO ANAHEIM RESIDENTS AT NOMINAL COST? INCLUDING CAMPS W/ EXCURSIONS, NATURE, ACADEMIC, CREATIVE ARTS, FILM & TV CAMPS, ENGINEERING, PERFORMING ARTS & SPORTS. For more information on any of the available camps, please view the entire lineup at http://www.anaheim.net/ezrecconnect or call 714-765-5191

SUMMER CAMPS- REGISTER NOW!!!!
1 WEEK & 3 WEEK EDUCATIONAL DAY CAMPS AGES 3-15
Lots of new additions, for more details view online at www. Anaheim.net/ezreconnect.
CAMP VENTURE- AGES 6-13
10 different sessions starting June 17
CAMELOT ACADEMY
7 different sessions, ages vary from 3-16, starting 6/24.
EDUTAINMENT ARTS – AGES 6-12 – Starting 8/5
INCREDIFLIX – AGES 7-13 – Starting 8/5
TRIFYTT SPORTS – AGES 5-13
Basketball, flag football, soccer, baseball

YOUTH EXCURSIONS
$30 Send your child on a Thursday summer Youth Excursion with Anaheim Youth Program Staff. Participants must be at least 7 years old or accompanied by an adult. Fee includes transportation, admission and supervision. Pre-registration is required. Pick-up & drop off will be At Peralta Park, 115 N. Pinney. All trips are 9:30 am–3:30 pm. June 20, LA Zoo, June 27 Discovery Science Center, July 3 Movie: Monster University, July 11 Anaheim Ice, July 18 Kidspace Museum, July 25 Bowling, August 1 Irvine Regional Park, August 8 Soak City, August 15 Boomers, August 22 Knott’s Berry Farm.

FLAG DAY CEREMONY
June 8, 10:30 am – Center Street Promenade, behind Anaheim Ice.
More info? Call 714-956-3586

FREE PATRIOTIC CONCERT & FREE ICE CREAM SOCIAL
June 29, 2013, 7-9 pm Sponsored by LDS church on Fairmont Blvd, Anaheim Hills. Join your fellow neighbors & friends in a rousing celebration of our freedom put on by the Community Choir and Canyon Hills Community Council.

25th ANNUAL 4TH OF JULY CELEBRATION
Thursday July 4th, 2013 Start off your day with the 10k/5k run Register now at http://www.racewire.com/anaheim. Then join us at the community Pancake Breakfast sponsored by the Anaheim Hills Rotary Club from 8 – 10am in the Canyon High cafetorium. Promptly at 10 am is the Yankee Doodle Doggie Show. At 3PM the hometown 4th of July Parade will start from Canyon High north on Imperial Hwy then west on Santa Ana Canyon then loop back at Pinney st and proceed back to Canyon High. At Peralta Park from 1-8:45 will be food & game booths & music. 9pm begins the Spectacular Fireworks Display put on by Pyro Spectaculars. Please volunteer to help with the days events. We desperately need family & business donations to perpetuate this family day. Canyon Hills Community Council is a non-profit organization & your donations are tax deductible. Any questions? Call 714-283-6653.

FREE SUMMER CONCERTS IN RONALD REAGAN PARK
945 S. Weir Canyon Rd. Corner of Weir & Running Springs, AH
July 11 – Bostyx – Boston & Styx Tribute Band
July 18 – DSB – Journey Tribute band
July 25 – The Joshua Tree – U2 Tribute Band
August 1 – Powerhouse – Top 40
6:30 – 8pm. Bring your kids, lawn chairs, sweaters & picnic.

EAST ANAHEIM (AH) COMMUNITY CENTER PROGRAMS
8201 E. SANTA ANA CANYON RD., across from Festival Shopping Center. 714-765-3904.
Bridge, English as a Second Language, Exercise & Painting Classes, Volleyball, Basketball & Special Events.

LOVE TO READ?
Anaheim Library card holders can now download eBooks to computers, tablets, eBook readers, or smartphones. This new service is available to the residents of Anaheim thanks to a generous donation from the Anaheim Public Library Foundation. Not a card holder? It’s easy! To apply for a library card, and to browse the book collection, visit the Library’s website at http://library.anaheim.net. Due to the generosity of the Anaheim Public Library Foundation, Friends of the Anaheim Public Library and the Friends of the Canyon Hills Library, the Anaheim Public Library was able to purchase 12 new children’s early literacy ‘AWE’ workstations. These computers are preloaded with more than 35 educational games for children ages 3 to 8. The ‘AWE’ stations are constantly in use with children waiting. When parents are ready to leave the library and their child has to leave the ‘AWE’ station often the child wants to stay longer to enjoy the experience. Anaheim Libraries could not offer these wonderful services without the support of the Anaheim Public Library Foundation. 714-765-1810 to learn how to join the Friends of the Anaheim Public Library, Anaheim Public Library Foundation or Friends of the Canyon Hills Library.
SUMMER READING PROGRAM – Starts June 17 – July 27. Have fun this summer and keep those reading scores from taking the “summer slide”. Each child will receive a log to keep track of the time they spend reading. Those who reach the goal of 10 hours will receive a FREE book. Each location will have special programs & activities throughout the summer.

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ANAHEIM HILLS NEWS

MARK YOUR CALENDAR
IMPORTANT!!!!
If you are an Anaheim resident and would like the Fall Activity Guide mailed to you call 714-765-5191
ART IN THE PARK
This is a FREE program sponsored by the City of Anaheim to teach your children about the arts. Participants will learn about visual arts through hands on projects such as painting, drawing, sculpture, architecture, and photography as well as learn valuable information about artists, cultures and much more! The program is conducted on Tuesdays and Thursdays from 3-5pm and is FREE!. No registration is needed.

FREE ART IN THE PARK LOCATIONS!
Canyon Rim Park (Canyon Rim Road/Serrano)
1st & 3rd Thursday of the month
Ronald Reagan (Toyon) Park (Weir Canyon/Serrano) 2nd & 4th Monday of the month
NOTE: All programs are closed on days of inclement weather. Call the Youth Programs Hotline at 765-4090 for up to date inclement weather information. Children are encouraged by the staff to remain at the park, but are free to come and go at any time. The staff is not responsible for children who choose to leave the park.
Please call Anaheim’s Youth Programs, 714-765-5219
TINY TOTS AGES 3-5
A program for pre-school children to develop social skills for kindergarten & beyond, stories, games, crafts, motor skill development, music & art. 4 locations in Anaheim Hills. Oak Canyon Nature Center, East Anaheim Community Center (Santa Ana Canyon & Roosevelt), Peralta Rec Center & just added Canyon Hills Library. Register on line at http://www.anaheim.net.

ANAHEIM HILLS LIBRARY STORYTIMES
Canyon Hills Branch 400 Scout Trail, 714-974-7630
Family Storytime, Mondays at 7pm, all ages
Toddlertime, Tuesdays at 10:30am, ages 1-3
Preschool Storytime, Fridays at 10:30am, Ages 3-5
East Anaheim Branch, 8201 E. Santa Ana Canyon Rd., 714-765-3887
Toddlertime, Mondays at 11am, Ages 1-3
Preschool Storytime, Wednesdays at 11 am, Ages 3-5
Family Storytime, Saturdays at 11 am, All ages

DID YOU KNOW THAT ANAHEIM OFFERS DAY CAMPS TO ANAHEIM RESIDENTS AT NOMINAL COST? INCLUDING CAMPS W/ EXCURSIONS, NATURE, ACADEMIC, CREATIVE ARTS, FILM & TV CAMPS, ENGINEERING, PERFORMING ARTS & SPORTS. For more information on any of the available camps, please view the entire lineup at http://www.anaheim.net/ezrecconnect or call 714-765-5191

SUMMER CAMPS- REGISTER NOW!!!!
1 WEEK & 3 WEEK EDUCATIONAL DAY CAMPS AGES 3-15
Lots of new additions, for more details view online at www. Anaheim.net/ezreconnect.
CAMP VENTURE- AGES 6-13
10 different sessions starting June 17
CAMELOT ACADEMY
7 different sessions, ages vary from 3-16, starting 6/24.
EDUTAINMENT ARTS – AGES 6-12 – Starting 8/5
INCREDIFLIX – AGES 7-13 – Starting 8/5
TRIFYTT SPORTS – AGES 5-13
Basketball, flag football, soccer, baseball

YOUTH EXCURSIONS
$30 Send your child on a Thursday summer Youth Excursion with Anaheim Youth Program Staff. Participants must be at least 7 years old or accompanied by an adult. Fee includes transportation, admission and supervision. Pre-registration is required. Pick-up & drop off will be At Peralta Park, 115 N. Pinney. All trips are 9:30 am–3:30 pm. June 20, LA Zoo, June 27 Discovery Science Center, July 3 Movie: Monster University, July 11 Anaheim Ice, July 18 Kidspace Museum, July 25 Bowling, August 1 Irvine Regional Park, August 8 Soak City, August 15 Boomers, August 22 Knott’s Berry Farm.

FLAG DAY CEREMONY
June 8, 10:30 am – Center Street Promenade, behind Anaheim Ice.
More info? Call 714-956-3586

FREE PATRIOTIC CONCERT & FREE ICE CREAM SOCIAL
June 29, 2013, 7-9 pm Sponsored by LDS church on Fairmont Blvd, Anaheim Hills. Join your fellow neighbors & friends in a rousing celebration of our freedom put on by the Community Choir and Canyon Hills Community Council.

25th ANNUAL 4TH OF JULY CELEBRATION
Thursday July 4th, 2013 Start off your day with the 10k/5k run Register now at http://www.racewire.com/anaheim. Then join us at the community Pancake Breakfast sponsored by the Anaheim Hills Rotary Club from 8 – 10am in the Canyon High cafetorium. Promptly at 10 am is the Yankee Doodle Doggie Show. At 3PM the hometown 4th of July Parade will start from Canyon High north on Imperial Hwy then west on Santa Ana Canyon then loop back at Pinney st and proceed back to Canyon High. At Peralta Park from 1-8:45 will be food & game booths & music. 9pm begins the Spectacular Fireworks Display put on by Pyro Spectaculars. Please volunteer to help with the days events. We desperately need family & business donations to perpetuate this family day. Canyon Hills Community Council is a non-profit organization & your donations are tax deductible. Any questions? Call 714-283-6653.

FREE SUMMER CONCERTS IN RONALD REAGAN PARK
945 S. Weir Canyon Rd. Corner of Weir & Running Springs, AH
July 11 – Bostyx – Boston & Styx Tribute Band
July 18 – DSB – Journey Tribute band
July 25 – The Joshua Tree – U2 Tribute Band
August 1 – Powerhouse – Top 40
6:30 – 8pm. Bring your kids, lawn chairs, sweaters & picnic.

EAST ANAHEIM (AH) COMMUNITY CENTER PROGRAMS
8201 E. SANTA ANA CANYON RD., across from Festival Shopping Center. 714-765-3904.
Bridge, English as a Second Language, Exercise & Painting Classes, Volleyball, Basketball & Special Events.

LOVE TO READ?
Anaheim Library card holders can now download eBooks to computers, tablets, eBook readers, or smartphones. This new service is available to the residents of Anaheim thanks to a generous donation from the Anaheim Public Library Foundation. Not a card holder? It’s easy! To apply for a library card, and to browse the book collection, visit the Library’s website at http://library.anaheim.net. Due to the generosity of the Anaheim Public Library Foundation, Friends of the Anaheim Public Library and the Friends of the Canyon Hills Library, the Anaheim Public Library was able to purchase 12 new children’s early literacy ‘AWE’ workstations. These computers are preloaded with more than 35 educational games for children ages 3 to 8. The ‘AWE’ stations are constantly in use with children waiting. When parents are ready to leave the library and their child has to leave the ‘AWE’ station often the child wants to stay longer to enjoy the experience. Anaheim Libraries could not offer these wonderful services without the support of the Anaheim Public Library Foundation. 714-765-1810 to learn how to join the Friends of the Anaheim Public Library, Anaheim Public Library Foundation or Friends of the Canyon Hills Library.
SUMMER READING PROGRAM – Starts June 17 – July 27. Have fun this summer and keep those reading scores from taking the “summer slide”. Each child will receive a log to keep track of the time they spend reading. Those who reach the goal of 10 hours will receive a FREE book. Each location will have special programs & activities throughout the summer.

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TOP 10 TAX DEDUCTIONS HOMEOWNERS MISS

As the time to file income taxes approaches, we need to take a new look at the changing tax landscape for homeowners. The dynamic atmosphere in Washington, D.C. has a different effect each year on which tax breaks are proposed, rescinded, changed, and extended for taxpayers who own a home.
Thanks to the efforts of many real estate industry groups including the National Association of Realtors, many of the tax benefits that homeowners enjoy–which were on the chopping block over the past few months–have been protected and extended through the 2013 tax season.
Disclaimer – This is only an informational summary of current tax issues in the news. If you need tax advice, please contact a tax attorney or CPA
1. Mortgage Interest Deduction
The mortgage interest deduction has always been the most-beloved tax benefit of home buyers in the U.S. New homeowners’ monthly mortgage payments are made up almost entirely by interest for the first few years. Their ability to deduct that interest can result in a healthy reduction in tax liability. Affordability for first-time home buyers is directly linked to their ability to deduct the interest on their mortgage.
Homeowners who itemize their deductions can deduct the interest paid on a mortgage with a balance of up to $1 million. While there is some movement to limit the total itemized deductions for taxpayers with higher incomes (over $400,000), the current deductions holds for all tax brackets. Americans save around $100 million every year by deducting mortgage interest on their tax returns.
2. Home Improvement Loan Interest Deduction
The interest on home equity loans used for “capital improvements” to a home can also be a tax deduction. On loans with balances of up to $100,000, the interest is tax-deductible for a homeowner who uses the loan to make improvements to the home such as adding square footage, upgrading the components of the home, or repairing damage from a natural disaster. Maintenance items like changing the carpet and painting a home are usually not included as capital improvement projects.
3. Private Mortgage Insurance (PMI) Deduction
Homeowners who make a down payment of less than 20% are usually paying some sort of Private Mortgage Insurance. PMI (sometimes abbreviated MIP or just MI), can be a few dollars to hundreds of dollars per month, and it is a large portion of many homeowners’ mortgage payments.
If your mortgage was originated after Jan 1, 2007, and you have PMI, it can be a tax deduction. The deduction is phased out, 10% per $1,000, for taxpayers who have an adjusted gross income between $100,000-$109,000 and those above that level do not qualify. The extension of this tax deduction in 2013 was one of many last-second saves by real estate industry advocates.
4. Mortgage Points/Origination Deduction
Homeowners who paid points on their home purchase or refinance can often deduct those points on their tax returns. Points, often called origination fees, are usually percentage-based fees which a lender charges to originate a loan. A one percent fee on a $100,000 loan would be one point, or $1,000.
On a home purchase loan, taxpayers can deduct the entirety of the points that they paid in the same year. On a refinance loan, the points must be deducted as an amortization over the life of the loan. Many taxpayers forget about this amortized benefit over time, so it’s important to keep good records on the deduction of points on a refinance.
5. Energy Efficiency Upgrades/Repairs Deduction
Homeowners can deduct the cost of the building materials used for energy efficiency upgrades to their home. This is actually a tax credit, one which is applied as a direct reduction of how much tax you owe, not just a reduction in your taxable income.
10 percent of the total bill for energy-efficient materials can be used as a tax credit, up to a maximum $500 credit. Insulation, doors, new roofs, and many other items qualify for the energy efficiency credit. There are also individual limits for certain items, such as $150 for furnaces, $200 for windows, and $300 for air conditioners and heat pumps.
6. Profit on Sale of Real Estate Deduction
If you’ve sold a home in the past year, you’re likely aware that individuals can claim up to $250,000 of profit from the sale tax-free, and married couples can claim up to $500,000 tax-free. Of course, there are some requirements to escaping the capital gains tax on this profit.
The home must be a primary residence. This means that you must have lived in the home, as your primary residence, for two of the past five years. You could rent it out for years one, three, and five, while living in it for years two and four. In this way, a homeowner could potentially claim this tax break on multiple homes within a fairly short time frame, but each tax-free sale must occur at least two years apart from the previous tax-free transaction.
7. Real Estate Selling Cost Deduction
For those lucky folks whose profits on the sale of their home might exceed the $250k/$500k limits, there are still some ways to reduce the tax burden. The costs of selling the home can be significant, and those in themselves can be claimed as tax deductions.
By adding up all of the fees paid at closing, capital improvements made to the home while you owned it, money spent to make repairs to damaged property, and marketing costs necessary to sell the home, you can add a significant figure to the cost basis of your home. This basically raises the original price you paid for the home. Your cost basis begins with the original price of the home, and then adds in the improvement and selling costs. When the new cost basis price is compared to your selling price, it reduces your potentially-taxable profit on the home significantly.
8. Home Office Deduction
The home office tax deduction is often cited as a deduction that increases your likelihood of being audited. While the raw numbers might add some credibility to that perception, it’s really the way a home office is deducted that gets some taxpayers into audit purgatory.
This deduction, when used correctly, is just as safe as any other. Homeowners deduct a percentage of their mortgage, utilities, and repair bills in direct proportion to the amount of their home that is dedicated office space.
There are a few hard and fast rules to live by when deducting the costs of your home office. The home office must be your principal place of business (the primary office location where you get the majority of your work done). It needs to be exclusively used for business (it can’t be your kitchen by day and office by night). You need to be realistic with its size and use (unless you enjoy audits).
9. Property Tax Deduction
New homeowners often don’t know that their property taxes are deductible. While it may sound strange to have a tax-deductible tax, the overall effect is that you don’t pay income tax on money that was spent on property taxes.
Homeowners should be careful to only deduct the amount of property tax actually paid to their local municipality for the year. This is not necessarily the amount you paid to your escrow account, and should not include any other city/county fees that might potentially be on the same bill as your property taxes.
10. Loan Forgiveness Deduction
The Mortgage Debt Forgiveness Relief Act of 2007 was created when short sales were becoming a new and growing part of the real estate market. An underwater homeowner might convince their lender to agree to a short sale of their home at $100,000, even though they owe $150,000 on their mortgage. While the lender forgives the extra $50,000 owed after the short sale, the government views it as $50,000 in taxable income (a gift from the lender to the borrower).
The Debt Forgiveness Act temporarily relieved the taxpayer of that burden, but was set to expire this year. Through much effort, it was extended along with many other homeowner tax relief measures this year and homeowners can continue to claim this tax relief in 2013.
IRS-suggested disclaimer: To the extent that this message or any attachment concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. This message was written to support the promotion or marketing of the transactions or matters addressed herein, and the taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.

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MARK YOUR CALENDAR!

KSeasterspringfling

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MARK YOUR CALENDAR

MARK YOUR CALENDAR

ART IN THE PARK

This is a FREE program sponsored by the City of Anaheim to teach your children about the arts.

Participants will learn about visual arts through hands on projects such as painting, drawing, sculpture, architecture, and photography as well as learn valuable information about artists, cultures and much more! The program is conducted on Tuesdays and Thursdays from 3-5pm and is FREE!. No registration is needed.

ART IN THE PARK LOCATIONS!

CanyonRimPark (Canyon Rim Road/Serrano)

Jan 30, Feb 13 & 28, Mar 14 & 28

Ronald Reagan (Toyon) Park (Weir Canyon/Serrano) Feb 14 & 22, Mar 4 & 18

NOTE: All programs are closed on days of inclement weather. Call the Youth Programs Hotline at 765-4090 for up to date inclement weather information. Children are encouraged by the staff to remain at the park, but are free to come and go at any time. The staff is not responsible for children who choose to leave the park.

Please call Anaheim’s Youth Programs, 714-765-5219

TINY TOTS AGES 3-5

A program for pre-school children to develop social skills for kindergarten & beyond, stories, games, crafts, motor skill development, music & art.  3 locations in Anaheim Hills. OakCanyonNatureCenter, EastAnaheimCommunity Center (Santa AnaCanyon & Roosevelt), PeraltaRecCenter. Register on line at www.anaheim.net

 

SPRING FLING OAK CANYON NATURE CENTER

Saturday March 30, $10am, $15 ages 3-11.  Activities include “Egg-cellent” egg hunt, crafts, animal nursery, games, insects and pictures with the bunny.  Check-in anytime from 10-11am.  Adult helpers required.

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RESTRUCTURED HARP HELPING MORE UNDERWATER HOMEOWNERS TO REFINANCE

Published Sunday, Oct. 21,

A reworked federal effort called the Home Affordable Refinance Program, or HARP, is helping thousands more refinance, even if they’re deeply underwater on their mortgages.  The HARP restructuring – known as HARP 2.0 – took effect late last year and opened the floodgates for those who had been blocked from refinancing under an earlier, more-restrictive version of the program.  Through July, about 75,000 California homeowners had refinanced under HARP – roughly 25,000 more than the number that refinanced under the program during all of 2011.  “A lot of those folks had already applied for HARP and been declined,” said Tai Mamea, vice president for mortgage lending at Chase bank. “Sometimes they’ve been waiting for years.”  Chase customers have saved an average of $300 a month by refinancing through HARP, often halving their interest rates, he said.  But HARP 2.0, as it’s known, isn’t the cure-all that some predicted. For some homeowners, frustrations and roadblocks remain.  “I’ve helped lots of families refinance with HARP,” said Brent Wilson, a loan strategist with Comstock Mortgage in Sacramento. “But I still see a huge void of folks upside-down on loans who can’t refinance with HARP.”  A major reason, he said, is that their loans aren’t backed by mortgage giants Freddie Mac or Fannie Mae, a requirement for HARP refinancing. Being up-to-date on mortgage payments is another prerequisite.  Others might have low credit scores or high debt-to-income ratios, or they may lack cash reserves. Depending on the rules of individual lenders, such factors can prevent homeowners from successfully refinancing under HARP, Wilson said.  “You still have to be able to qualify,” he said. “It’s not as clear-cut as some people make it sound.”  Still, federal officials cleared away one of the biggest hurdles, he said.  The original version of HARP, introduced in 2009, allowed a loan-to-value ratio up to 125 percent. To be eligible, homeowners could only owe 25 percent more than their homes were worth. In other words, they could only be slightly underwater.  Many in theSacramento region have sunk much deeper. One out of five of the region’s homeowners owe at least twice what their home is worth, according to online real estate tracking firm Zillow.  It’s a situation that’s common in other areas of California and in regions of the country – including Florida, Arizona and parts of the Northeast – that experienced a spike in housing prices followed by a calamitous free fall.  That’s why federal authorities restructured HARP so that it lets homeowners refinance regardless of the difference between loan amounts and home values.  Some lenders, however, have their own criteria that they layer on top of the HARP rules, experts said. They can impose loan-to-value caps of 105 percent or 150 percent.  But HARP 2.0 also gives borrowers more freedom to shop around if their current loan servicer won’t help, and mortgage experts say trying different lenders can be a useful strategy.  Folsom resident Angela Sing found refinancing under HARP 2.0 maddening but ultimately rewarding after going to several different lenders.  Sing and her family owed $440,000 on a first and second mortgage from 2003, but their home is worth only about $290,000. Her primary loan was interest only with a 6.8 percent rate.  “We didn’t want to walk away,” Sing said. “We signed the original papers, and we wanted to take responsibility.”  Sing tried twice to refinance under the old HARP program without success.  When the program was overhauled, she was rejected by her lender. So she tried another lender, with similar results. Finally, she tried a third lender and was successful, though not without more setbacks.  At one point, her credit score fell by a few points, and she had to start the whole process over.  “It was incredibly frustrating,” she said.  Earlier this month, after weeks of repeatedly faxing her financial documents to her lender, she’s refinanced into a 30-year loan with a 4.25 percent interest rate that lowered her payments by about $250 a month.   “You really have got to be persistent,” she said.

© Copyright The Sacramento Bee. All rights reserved.

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Canyon Hills Woman’s Club / AOS EVENT

Join us for   The Art of Soup
To benefit
Giving Children Hope
 
When/Where:  Saturday, November 3rd, 2012   6 pm – 9pm
                              The Madsen Home
                         Anaheim, CA 92807
 
What:  100 community leaders, business executives, philanthropists, and others gather to select artisan-crafted bowls and sample soups, breads, and decadent desserts from some of Orange County’s finest restaurants. Guests will enjoy an auction and judge art by area students and choose the winners of our annual art scholarship contest. Guests will also vote for the Best Soup Award.
 
Proceeds:  Proceeds from The Art of Soup benefit Giving Children Hope (www.gchope.org), which administers various programs supporting the needs of children and serving the poor in our local communities. The domestic programs include We’ve Got Your Back and Mobile Medical Clinic.
 
Contact:           Tickets are $25 each person,
                          Mail your check to:
                          Canyon Hills Woman’s Club / AOS

PO Box 17550, Anaheim, Ca. 92817-7550

 
                          For additional information contact:
                              Diana Frost – (714) 397-7768 or Evelyn Bell – (714) 529-6563
                          Send an e-mail to: Info@canyonhillswomensclub.org 

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