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Commercial Real Estate Agent |
RAINER 3,918 |
| Shawn Luong | ||
| Your Real Estate and Mortgage Consultant for Life | ||
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location_on
West Covina, CA
— Century 21 Masters
Century 21 Real Estate |
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| insert_link http://www.shawnluong.com | ||
| web Shawn Luong's (shluong) Blog | ||
Shawn and Jessica are passionate in helping their clients to achieve the American dream. As a first generation immigrant and refugee, Shawn purchased his first home 9 months after graduating from college. Shawn had arrived in the U.S. with his parents 4 years earlier with only $300 in their possession. From there, Shawn, then Jessica, started their career in real estate, consulting, advising, and assisting over 400 families purchasing their first home.
With their past clients, Shawn and Jessica have devised a plan whereas their clients can retire without relying on Social Security or company pension. One of their clients has taken their advice to heart and has parlayed the purchase of one $280,000 fourplex into a portfolio of apartments and commercial holdings worth more than $9M, averaging a 250% Return On Investment (ROI).
Shawn and Jessica have created a lifecycle relationship with their clients by providing a clear roadmap in savings, managing their assets, refinancing their mortgage, acquiring investment property with cash flow, increasing the value of the income stream, optimizing the Return Of Investment (ROI) to the point where the Return Of Equity (ROE) is diminishing, then exchanging for a larger property with greater ROI. The cycle repeats again for the next property providing a clear path to a lifetime of wealth accumulation.
Shawn and Jessica are positioning their clients to take advantage in the current market adjustment - refinancing at rates below 4%-a historical low since the mortgage rates have been tracked and buying investment properties with a good cash flow - a key factor unavailable a few years ago.
Shawn and Jessica are positioning their clients to take advantage in the current market adjustment - refinancing at rates below 6%- still a 30-year low and buying investment properties with a good cash flow - a key factor unavailable 2 years ago.
Shawn and Jessica specializes in helping families to settle estate without the help of an attorney. It is particularly true for estates where all the heirs and beneficiaries are in agreement. Shawn and Jessica have great references from heirs who have benefited from their expertise, lowering the cost of probate and speeding up the estate settlement. Shawn and Jessica also have access to a network of attorneys specializing in probate and estate planning law for more complex cases.
In his 20+ real estate and mortgage practice, Shawn has helped numerous clients using the wealth created in their home equity to achieve financial independence by accessing the US SBA loan program where a business with real estate can be acquired with 10% down and an repayment period of 20 years instead of the usual 5-year commercial terms. He has helped untold other entrepreneurs whose income cannot be fully accounted for in acquiring commercial properties with stated income programs with up to 70% Loan-To-Value (LTV).
Last, but not least, Shawn and Jessica continue in their quest in helping young couples and young families to reach the American dream of homeownership by educating their clients about the Mortgage Credit Certificate program where up to 20% of the annual mortgage interest is credited toward reducing the amount of federal income tax that one must pay. Shawn and Jessica still have access to 100% financing programs - government sponsored Neighborhood Stabilization Program and Down Payment Assistance. Once a homeowner, Shawn and Jessica start to show their clients the roadmap to financial independence through their lifecycle relationship.
| Eliseo Ramirez |
| 01/15/2015 |
| Shawn is the best!!! He was very clear and thorough with the whole process of selling our home. Always a phone call away. Always ready to answer all our questions. Very fun, honest and trustworthy. It was a blessing to have him and his crew as part of our home selling. |
| Linda Ruggiero |
| 06/15/2010 |
| "....Through Shawn's many resources an otherwise harrowing sale process, due to an uncooperative junior lien holder, comes to a close at a sale price much more than I expected to receive....Shawn is extremely knowledgeable in working a property in probate and is very caring, professional, dependable and thorough in carrying out his fiduciary duties. I would highly recommend the services of Shawn Luong for anyone who is the personal representative of an estate." |
| Stephen A. Sokol |
| 03/02/2007 |
| "In my prior role as Assistant General Counsel of the California Association of Realtors and Manager of its Member Legal Services Program..., I have had occasion to deal with many brokers. Shawn is first class and I am pleased to recommend his services without reservation." |
| Camille Wong |
| 11/03/2006 |
| "...I was especially impressed with the wealth and breadth of his knowledge of all things financial...Shawn was like a breath of fresh air....he has the social skills to handle any kind of client or situation...I plan to list my personal residence with him and would like him involved in my future real estate investments...." |
RE broker with 20+ years experience in residential & commercial properties: REO, probate, 1031 exchange, & deferred sales trust. Great sources for 90% SBA & reverse mortgage.