Shasta County Category
LAKE SHASTA ROAD DISPUTE COULD BE COSTLY
September 5th, 2008
By Brad Garbutt
Today’s Record-Searchlight published a follow-up article regarding an ongoing dispute over a private road leading to a marina on Lake Shasta. One property owner has notified his neighbors he plans to gate the road. A gate key will be provided to those that can prove they have legal deeded access.
This is all too common in [...]
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TITLE REPORTS CONFOUND CLIENTS AND AGENTS ALIKE
September 4th, 2008
By Brad Garbutt
Preliminary Title Reports are prepared and provided to all parties to a real estate transaction after an escrow is opened. All too many buyers, sellers, agents and lenders stuff it in a file and never give it a second look. Some believe the title company will call or alert the parties if a title cloud [...]
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TOUR REDDING LIKE GEORGE JETSON
September 3rd, 2008
By Brad Garbutt
Although not exactly like his aerocar, Shasta Glide ‘n Ride offers Segway tours of the Sacramento River near downtown Redding. All tours start at Turtle Bay Museum and cross the beautiful Sundial Bridge. Depending on the tour chosen, you can see the Arboretum, Turtle Pond, the fish ladder at Caldwell Park and the stress ribbon [...]
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SHASTA COUNTY/REDDING BANK REPO SALES ON FIRE, SHORT SALES A BUST
September 3rd, 2008
By Brad Garbutt
With all the effort being put forth by agents and homeowners upside down in value, I thought it was time to take a look at what’s working and what’s not. Year-to-date (YTD) sales data show 1240 homes have closed escrow in the area served by the Shasta MLS. Of those, 378 or 30% were bank [...]
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HAS THE REAL ESTATE MARKET HIT BOTTOM?
September 2nd, 2008
By Brad Garbutt
I’m asked this question almost daily. Family, friends, fellow Realtors, affiliated real estate business professionals-title company reps, escrow officers, property inspectors, loan officers and, of course, clients are asking what my crystal ball says. The short answer is I don’t know. If you find somebody that says they can predict the future, I would like [...]
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CHOOSE YOUR HOME INSPECTORS WISELY
September 2nd, 2008
By Brad Garbutt
Over time, buyers have more and more relied on others to look out for them. During this same period of time, the pendulum has swung away from sellers warranting the properties they sell and placing that responsibility squarely on the backs of buyers. Buyers should be actively involved in selecting the items that should be [...]
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SEMI-AQUATIC RODENTS PEACEFULLY COEXIST WITH MARY LAKE RESIDENTS
September 1st, 2008
By Brad Garbutt
Late last century, Mary Lake, in a popular West Redding neighborhood, saw rodents take up residence in the 17-acre pond. Beavers, as they are commonly called, immediately went to work building their den (left). This involved a lot of gnawing through oaks, cottonwoods and willows that line the perimeter of the man-made lake. Initially, City of [...]
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INTEREST RATE FOR 30-YEAR FIXED RATE MORTGAGE DECLINES
September 1st, 2008
By Brad Garbutt
One of the safest and most popular loans saw a rate decrease this past week. Nationwide, the rate on a 30-year fixed rate loan is 6.4% with an average 0.6 point fee, down from 6.47% a week ago and 6.67% a year ago, as reported by Freddie Mac in its weekly Primary Mortgage Market Survey.
For those [...]
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