Real Estate Scams Continue to Roll

I’m still receiving letters at the rate of one to two letters a week from overseas scammers  wanting to give me a portion of millions of dollars or invest in real estate. Bad English in writing the letters, promises of giving you a cut of the millions they are supposedly wanting to feral out of [...]

Hitler Respones to the IPad

This is a very funny parody on Apple’s new IPad as seen on YouTube.  If you are offended by four letter words, than please do not view this video. This video has had over 1,389,000 views. Twitter This Usuario: Password:

Michael Jackson’s Former Rental House Sells For $3.1 Million

A sprawling Las Vegas mansion, once rented by Michael Jackson, was sold for $3.1 million Thursday, the Nevada palace reportedly being the spot where the late King Of Pop met the physician, Dr. Conrad Murray, who has been investigated in the wake of his shocking death. The house, which Jackson lived in from late 2006 [...]

California December Home Sales Increased

· Overall, existing, single-family home sales increased 4 percent in December to a seasonally adjusted rate of 558,320 units on an annualized basis. · The statewide median price of an existing single-family home increased 0.8 percent in December to $306,820, compared with November 2009.  However, portions of Nevada County median prices dropped.   Grass Valley areas [...]

Nicolas Cages $4.95 Million Home Sells in One Day

The upper end market for real estate is picking up.  This reminds me of prior downturns, when people waited for the bottom of the real estate market to turn, and when they finally decided to buy, they paid thousands more by waiting because the bottom had passed them by.  Which brings up  actor Nicolas Cage’s [...]

Existing-Home Sales Down, but Prices Rise

Existing-home sales fell as expected in December after first-time buyers rushed to complete deals during the months leading up to the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved in 2009, according to the National Association of REALTORS®. Existing-home sales—including single-family, townhomes, condominiums and co-ops—fell 16.7 [...]

New Rules for FHA Loans Makes It Harder to Get a Loan

Due to its wreaking financial problems, the Federal Housing Administration is tightening its lending requirements. The FHA is federally mandated to maintain reserve funds at 2 percent or greater.  As of November, the agency reported that its fund had declined to .53 percent.  The funding is used to cover losses on mortgages insured by the [...]

Snow Pictures From My Deck

My house is located in Cascade Shores, outside of Nevada City.  I’ve used a GPS and the elevation of the house is 3,700 feet.  On a clear day, you can see Scotts Flat Lake.  On a very clear day, you can see the Coast Range Mountains, but there aren’t too many days when that happens. [...]

Quickest, Easiest Way to Make More Sales: Re-activate Past Customers

by Lisa J. Lehr   (Lisa is a regular contributor to this site) If you’ve been in business for any length of time, you know that getting new customers is a lot more work—and a lot less profitable—than selling more to your existing customers. Needless to say, people who’ve bought from you in the past already [...]

Your Mortgage Closing Costs Forced to be More Transparent

Big changes have finally arrived in making good faith estimates when getting a home loan. The following  are required on good faith estimates as of January 1st of this year: Consistency. Lenders are now required to use a uniform three-page document when they give prospective borrowers a good faith estimate, says Vicki Bott, deputy assistant [...]