April 5th, 2010
By Brad Garbutt
A reporter for The Wall Street Journal recently outlined the latest mortgage fraud strategies. James Haggerty points out that the rate has declined but hotspots remain. He quotes data published by First American Core Logic, a company which tracks real estate related information. “Liar loans” as they are called in the business, were common during the [...]
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March 27th, 2010
By Bob Sparks
Fish Story – “An exaggerated or boastful story; a tall tale” , you might think this listing must fit that description. After all, who would think it possible that you could own a home on over 160 acres of game filled land with a year around trout stream on the property for under $150,000. Add in [...]
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March 27th, 2010
By Bob Sparks
u·nique-”limited in occurrence to a given class, situation, or area”
Every once in awhile you come across a home that meets the definition of unique. The home in this video fits that classification based on the condition of the home. Though it was built in 1981 it has had only 1 owner in that time and [...]
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March 26th, 2010
By Brad Garbutt
State Attorney General Jerry Brown has published the names of individuals and companies that have been sued by the AG for alledgedly running loan modification scams. Some of these companies have pocketed as much as $3,500 per victim promising loan modification services, but done nothing. Those duped in the schemes can apply for restitution through [...]
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March 11th, 2010
By Bob Sparks
Imagine getting a discount of over $650 a month off your house payment for a full year. Thats over half the house payment on a typical FHA purchase of a $175,000 home!
You’re probably asking “where do I sign up?”. Well, right here. First time buyers who put a home in escrow by April 30, 2010 [...]
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March 10th, 2010
By Bob Sparks
I just added a link labeled Census Search to my online real estate guide. It’s a great tool for determining the census tract of REO homes for sale as is required by the C4HAP (NSP) guidelines. The search also shows school districts, Congressional and State Legislative districts and has a handy mapping feature.
The link is located on [...]
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March 3rd, 2010
By Brad Garbutt
According to a recent AP article, the City of Orange in Southern California is pursuing legal action against a city resident for replacing his lawn with drought-tolerant plants. City code requires 40% of the yard be covered with live plants.
Quan Ha replaced his grass with wood chips in 2008. He and his wife contend they [...]
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February 28th, 2010
By Bob Sparks
Next weekend the NorCal – John Frank Memorial Run is taking place in Redding. Runners from all over the region will be taking part in the 1, 3 and 10 mile races on March 6th starting from the pavillion area of Lake Redding Park at the Diestelhorst Bridge. From the 1 mile Grade School Challenge, 3 [...]
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