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Cornerstone Commercial eBrief
Information and News You Can Use August 2005

 

Don't settle for Less When you Can have More

Home Price Increase Biggest in 25 Years

Get a return call every time

About Cornerstone


 
See Funded Loan Transactions Through Cornerstone Commercial Mortgage

Thank you for the opportunity to share general information relating to the commercial real estate finance industry and to let you know what's new at Cornerstone Commercial Mortgage.


  • Don't settle for Less When you Can have More
  • Cornerstone Commercial Mortgage has the resources to maximize your financing opportunity. We have access to a wide range of construction, bridge and permanent lenders throughout Nevada and Southern California. So whatever your financing request, Cornerstone Commercial Mortgage can make it happen and you can rest assured that you are getting the best option available to fit your need.

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  • Home Price Increase Biggest in 25 Years
  • Chicago Tribune (08/16/05) The rise in home prices during the second quarter was the biggest increase in 25 years, according to the National Association of Realtors. The median price of an existing single-family property rose 13.6 percent year-over-year to $208,500, which was the fastest increase since a 15.3 percent jump during the third quarter of 1979. Phoenix and Mesa, AZ led the nation with a 47-percent increase in home price to $243,400, followed by a 45- percent jump in Ft. Myers, FL, to $266,800 and a 40- percent rise in Palm Bay, FL, to $204,000. "The continuing shortages of housing inventory are driving the price gains," asserted NAR chief economist David Lereah in the group's report. "There is no evidence of bubbles popping." Falling interest rates also contributed to the run-up in home prices by driving sales.

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  • Get a return call every time
  • Keep your voice-mail messages under a minute. That forces you to plan what you'll say. Not only does a rambling message waste everyone's time, it's less likely to get returned.

    Here's how to leave a succinct message that prompts a return call:

    Give a time frame. "I need to get your marketing figures before our presentation next Tuesday."

    Include a "what's in it for them." "Please contact me so I can tell you how to save time processing orders."

    Add a teaser. Hint at another benefit. "I may have found the solution to your personnel problem."

    Test whether your message is too long. Call your office and leave the same message on your voice mail to see if you like listening to it.

    Ask yourself these questions about your message: "Do I unnecessarily repeat my point?" "Is it clear what I'm trying to convey, or is the heart of my message lost in irrelevant stuff that surrounds it?" "If I only had two minutes to run and catch a plane, would I mind picking up the message on my own voice mail?"

    -Adapted from 39 Communications Bloopers... & How to Avoid Them, Briefings Publishing Group.

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  • About Cornerstone
  • Cornerstone Commercial Mortgage specializes in commercial real estate finance. We act as mortgage consultants, focusing on providing the appropriate financing solutions for each client. We work with investors and developers on all product types from land loans to permanent loans providing the best financing option available.

    John P. Lloyd, President
    Phone: (702) 385-2658
    Cell: (702) 379-3468
    Email: john.lloyd@cmlv.net

    See our Web Site for more information http://www.cmlv.net