Shasta County Category
REP GMAC On The Move
March 25th, 2009
By Brad Garbutt
Apparently the word is not out yet about our move to a new West Redding location. Over the next few days, agents and staff will pack up and move either to our Hilltop office or new location at the corner of Court and Placer. The building has undergone extensive remodeling and promises to bring state-of-the-art [...]
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Redding Chamber Manager Briefs Realtors, Compliments Missy
March 23rd, 2009
By Brad Garbutt
Frank Stazzarino,Jr., President of the Redding Chamber of Commerce, brought Realtors up to date on the business climate here in Redding. The Chamber represents 1200 members and 14,000 individuals that work at these businesses. Unlike other Chambers, Redding Chamber of Commerce does not accept donations from any public agencies.
The Chamber’s mission is to promote and [...]
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Pulse Detected in Local Real Estate Market
March 23rd, 2009
By Brad Garbutt
Word of mouth indicates sales activity is picking up in urban areas across the state. What about Redding? Are homes selling? Are buyers buying? Well, it depends!
I have several buyers actively looking to buy. Like most buyers these days, they are either first-time buyers or investors looking to take advantage of today’s low housing prices. [...]
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Be Wary of Owner Financing for Real Estate Purchases
March 21st, 2009
By Brad Garbutt
The strained real estate market sales environment today has seen a resurgence of seller financing terms offered as an incentive to lure buyers to bite. Unlike decades ago when creative financing was common during tough economic times, today very few sellers are truly in a position to offer owner financing.
In the case where a property [...]
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CalHFA Halts Lending
March 19th, 2009
By Brad Garbutt
Starting last fall, investors stopped buying mortgage bonds, a vital source of capital for state agencies that funded loans with below market interest rates for first-time buyers . The California Housing Finance Agency (CalHFA) used bond sales to, in turn, offer mortgages with interest rates about 1% lower than similar loans in the market place. [...]
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Ruggles Robbery Revisited
March 16th, 2009
By Brad Garbutt
A reader of my blog emailed me recently regarding my post that retold the story of the Ruggles brothers stage robbery in Shasta. She was writing a play loosely based on this local historic event and wanted to visit the site of the robbery for inspiration. I provided some brief directions and I hope she [...]
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NAR Warns of Property Rental Scam
March 13th, 2009
By Brad Garbutt
Today, the National Association of Realtors issued an alert concerning an Internet scam. The perpetrators are using NAR’s name claiming if prospective tenants wire funds to NAR via Western Union, they will hand over keys to a rental property. The advertisements claim NAR will work as an intermediary to receive deposits on rental property.
NAR is [...]
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Baby Eaglet Has Landed?
March 12th, 2009
By Brad Garbutt
This morning I checked Turtle Bay’s Eagle Cam and saw a tiny yellow beak in a ball of fuzz that might be the first egg to hatch. The local paper predicted the hatch and it happened almost on schedule. I could be wrong since the eagle has hunkered down making any confirmation impossible.
Be patient, perhaps [...]
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