Canadians Largest Foreign Real Estate Investors in U.S.

The Canadian’s have increased their investment in the United States from 11 percent in 2007 to 23.5 percent in 2008, making Canada the largest foreign real estate investor in the U.S. according to the National Association of Realtors®
The strong attraction for the Canadians is that the Canadian “loonie” is at par with the U.S. [...]

Craigslist Rental Scam II

Home may be a man’s castle, but in Paul Salamone’s case, the entire fiefdom was allegedly fraudulent.
The Medford man is facing a Suffolk County, Long Island, jury this week after being accused of breaking into seven homes in various states of foreclosure and illegally renting some of them out in a scheme to capitalize on [...]

Senior Citizens Kidnap, Torture Their Financial Advisor

So we have financial advisors who steal money in this country and wait for the wheels of justice to turn to punish them. But some senior citizens in Germany had what they thought was a better approach to punish and get their money back at the same time.
The good senior citizens ambushed James Amburn, 56 [...]

Angels Dog House Listings – The Pug & the Peacock

The pug and the peacock, is this a battle to a draw? You decide. Make a comment and let me know if you like this breed or have one.
Anyhow, Angel has no new dog listing this week. Lots of potential clients saying they’re going to send in pictures of their dogs with a [...]

Hard Money Lender Tom Hastert Demands Jury Trial

It’s hard for me to imagine a man like Thomas Hastert a man who worked so hard to get ahead in this world becoming a felon. Hastert worked for the Nevada County Sheriff’s office, studied to become an attorney, then got his real estate broker’s license.
Once he got his broker’s license he proceed to [...]

California State Board of Education Cooks Their Books

It seems that the California Department of Education has taken a leaf from Wall Street and AIG. Let’s keep the bad CEO’s which in this case are superintendents and their staff, layoff school teachers, and then cook the books on the rate of dropouts in the State’s high schools.
By using Wall Street techniques and [...]

Vultures are Coming to the Real Estate Market

I have said many times on this site, now is the time to buy real estate if you have the money and can wait for the market to change. Now REITs (real estate investment trusts) with stronger balance sheets are building billion-dollar war chests to fund acquisitions of troubled properties on the cheap. They’re raising [...]

Federal Home Buyer Tax Credit Update

Lawmakers and businesses are calling for an expansion of the existing tax credit now capped at $8,000 to be raised to $15,000. The existing federal tax credit of $8,000 has been a success in spurring first-time home buyers to get back into the housing market.
A further proposed change would be that the tax credit [...]

Nevada County Fair Partners with Summer Youth Employment Program

The Nevada County Fairgrounds has partnered with One-Stop Business and Career Center’s Summer Youth Program to provide jobs and training to Nevada County youth.
The program provides young adults with employment skills in a planned, structured learning environment. It is designed to provide specific behavioral skills appropriate for the workplace, as well as to promote [...]

Ex NFL Quarterback Bernie Kosar Files Bancruptcy, Ex-wife Sells House

Former gridiron great Bernie Kosar, dogged by financial and legal problems, filed for bankruptcy Friday. In the meantime his former wife Babette sold their home for a cool $2,400,000 according to Zillow.com. Kosar’s wife, Babette, divorced him in 2007. Last year, his Bernie Kosar’s Steakhouse went out of business.
Kosar, 45, the former Miami Hurricane [...]