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Home Buyers Grow Frustrated by Low Inventories

Low inventories of homes for-sale are becoming troubling to home buyers, Inman News reports. Almost every major market in the U.S. has posted double-digit decreases in for-sale listings. “The buyers tend to become a little frustrated as they are seeing homes that they want to ‘think about’ and before they can even get home to [...]

As Home Rents Head Higher, Owning Regains its Appeal

Rising rents, coupled with slumping home prices and interest rates near record-lows, are boosting demand for homes at entry-level prices. Making sense of the story Increased buying activity from investors and second-home purchases may be factors behind the recent pickup in home sales, but real estate agents say they are fielding more calls from anxious [...]

January’s Funniest Video 2012

When I run out of things to write, I search the internet for something that is funny and fun to watch. This video has had about 4,200,000 views. I’m always looking for contributors to this website.  If you have something to share that’s not controversial, just drop me a line.   Thanks John J. O’Dell [...]

State Responsibility Area “Fire Prevention Fee” Now Law

The State of California will collect an annual “fire prevention fee” from property owners in wildland areas where the state has responsibility for providing fire protection. A fee of one hundred fifty dollars ($150) will be charged on each structure intended for human habitation in this State Responsibility Area (“SRA”), commencing with the 2011-2012 fiscal [...]

Theo Jansen’s Sandbeest

This is just a great work of art! Incredible. Thinking of buying or selling? For all your real estate needs, call or email: John J. O’Dell Realtor® GRI Real Estate Broker O’Dell Realty (530) 263-1091 jodell@nevadacounty.com DRE# 00669941

A Patchwork to Celebrate the150th Anniversary of Italy

By Judy J. Pinegar In north eastern Italy, on the flat landscape of the Venito region, with the spectacular Dolomite mountains in the distance, sits the city on Vicenza. It is home to one of the premier art showcases around the world, called Abilmente, with a spring showing on March 3-6, 2011, and a fall [...]

Kenny Roger’s Estate For Sale For $20 Million

The Grand Athens, Georgia Resort that Kenny Rogers called home until 2003 is on the market. The home is a reflection of the country star as he had a hand in just about every facet this 973-acre property’s design. ”The Gambler” designed every inch of his domain, from the 18-hole championship golf course modeled after [...]

Bank of America Gets Foreclosed

How screwed up are the banks? They foreclose on a home that has no mortgage! So the attorney for the couple forecloses on the bank (really a sheriffs sale). Great! Between “robosigning” where banks make up false mortgage notes, to not doing mortgage modifications, the banks continue the drive this country into the ground. Of [...]

Old Mortgage Scam Aims to Hijack a Payment or Two

A mortgage scam in which con artists send letters telling borrowers they should begin sending their mortgage payments to a fictitious company that has begun servicing their loan, is making the rounds again.  Unfortunately, by the time borrowers figure out their loan has not changed servicer’s, they’ve already sent one or two mortgage payments to [...]

You Own My Mortgage? Prove It

Delinquent home owners are finding a wild-card in saving their home from foreclosure. In court, more home owners are successfully arguing that their mortgage companies can’t prove they own the loan and don’t have the right to foreclose on them. The Wall Street Journal reports: “In some cases, borrowers are showing courts that banks failed [...]