All posts by jd

Real estate broker, civil engineer and general contractor.

Nevada County Fair Community Partnerships a Success

Food-Bank-photo-(2009)

Beautiful weather, a successful canned food drive, more than $400,000 raised for Nevada County youth, several charity benefits, and an increase in overall attendance made the 2009 Nevada County Fair – “A Hare’s Magical A-Fair” – a huge success. Below are some fun Fair facts.

At Sunday’s canned food drive, 1,240 pounds of food were collected for the Food Bank   of   Nevada County. This is enough to feed 550 – 600 families. 
  Continue reading Nevada County Fair Community Partnerships a Success

New rules for Refinancing That You Just do not Hear About

refinancing

Let me try to help you make sense of the Government Home Affordable Refinance program. Believe me it can be very confusing.

Under the federal government’s Home Affordable Refinance program the plan is confusing and confounding. For example, under the program, lenders are supposed to refinance loans with mortgage insurance. But they are evasive about whether they will.

Another example: Last month, Fannie Mae and Freddie Mac announced that they would refinance mortgages at up to 125 percent of current market value. Sounds great — but borrowers will have to wait.
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Is Your Deck Safe? Deck Safety for Nevada County Residents

deck-failure

Picture From The Home Doctor

 Nevada County is beautiful, scenic and in many areas serene.  Most homes in Nevada County have decks—so folks can enjoy the views, sun and solitude.  Nevada County also enjoys autumn and winter-rains and a few days of snow.  Due to the four seasons, decks and structural members are exposed to elements year-round, and lack of maintenance can make decks unsafe. 

Decks built without permits that are constructed incorrectly, or have inadequate structural members, make these decks unreliable and often dangerous.  Failure in building construction may not be immediate.  Sometimes deterioration can take place many years after construction. 
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Michael Vick, Back in the NFL, Why?

Michael Vick playing with the Falcon's 2006 Photo Courtesy Wikipedia
Michael Vick playing with the Falcon's 2006 Photo Courtesy Wikipedia

This article is not about Nevada County real estate or Nevada County. I just felt I had to write about Michael Vick going back into football and the NFL. Michael Vick, former quarterback for the Atlanta Falcons and once the highest paid player in football, was convicted in August 2007 of conspiracy and running a dog fighting operation.

He did not just bank roll the operation; he was part of it, hanging dogs, electrocuting and drowning them. He served 23 months in prison and house arrest. He was banned indefinitely from the NFL, well, that is until he got off house arrest in June of this year. On June 20th, NFL commissioner Roger Goodell conditionally lifted Vick’s suspension, allowing him to sign with a team.

Continue reading Michael Vick, Back in the NFL, Why?

Investing in Foreclosed Homes in Nevada County

money-tree

Smart investors are continuing to take advantage of the present foreclosure market. I don’t have an exact figure of how many foreclosures there are in Nevada County, but I just had one of my investors open escrow on two foreclosed homes in Nevada County. With some existing home prices under $200,000 in the county, there are some buying opportunities that are hard to pass up if you have the money to invest and willing to ride out the present downturn in real estate.

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More on Zillow.com & Home Values

I recently wrote an article about National Community Reinvestment Coalition filing a complaint with the Federal Trade commission about the accuracy of Zillow.com. In their complaint, a NCRC, a group for advancing appraisers, stated that Zillow.com gave false and mis-leading values of homes.

Zillow.com has prepared a video to address this issue and I found it very informative.

httpv://www.youtube.com/watch?v=uaeAgfay01o

If you can’t see this video, you need to download flash from Adobe Flash

What is My House Worth?

Ready to sell your home, than how do you value it? I’ve worked with many sellers over the years and here’s what I hear from some of them. But first, a funny video from Youtube that illustrates our perception of values: .

httpv://www.youtube.com/watch?v=7RJOGzFuVBE

Some comments I’ve heard from sellers:

1. I built this home and I know how well it’s built and I want to sell my home for —— (It’s too bad we can’t value a home this way)

2. I need to get this much for my house. (It’s too bad buyers will only pay market value for a home and not what a seller needs to get)

3. I don’t care what the market is, I know what my house is worth. (It’s too bad buyers will only pay market value for a home)

4. If I can’t sell it for what I want, I will not sell it. (Than why put it on the market?)

5. The house up the street just sold for —————— and my house is better, so I should get a higher price for my home. (Maybe, you don’t know if the seller of that house gave concessions to the buyer, which reduced the actual price paid or what other variables might be involved.)

The only way to set a value of the sales price of your home is to have a Realtor® do a comparative market analysis (I do them for you for free) or get an appraiser of your home.

So if you are ready to sell or want a free comparative market analysis, send me your e-mail me at

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Please fill in your home address and any other information that you think would be helpful.

Want to Buy a Foreclosure? Be Ready For Multiple Offers

house-sold

It seems like the real estate market is coming back with some what of a roar. Want to buy a foreclosure? Be ready for a shock. Agents are getting multiple offers on foreclosure homes. The number of foreclosures and distressed properties are drying up.

Cesar Dias, became some what famous for his “foreclosure tour” in Stockton, CA, in which he packed potential buyers on a bus and ferried them around to some of the thousands of distressed properties. The tour is now history. For every listing that comes out, there are ten buyers, said Dias, an agent for Approved Real Estate Group. According to Dias, “We had a lot of inventory last summer. Now we are down to 1,500 listings, down from 5,000.”
Continue reading Want to Buy a Foreclosure? Be Ready For Multiple Offers

Woodturning at the Nevada County Fair

Woodturning-photo

Join the Gold Country Woodturners each day at the Nevada County Fair for hands-on demonstrations on woodturning and using a lathe.

Each day, from noon – 8 pm, under the tent outside the Northern Mines Building, skilled woodturners will provide hands-on woodturning demonstrations to adults and children. Using a lathe and a grinder, these experts will be making tops, tool handles, magic wands, and small wooden boxes for the audience. The group will begin at 9 am on Friday, the Day for People with Disabilities.
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Cap City BMX Stunt Team to Perform at Nevada County Fair

BMX-Backflip

The Cap City BMX Stunt Team and two of its world-renowned riders, Mike Saavedra and Pete Brandt, will be performing at this year’s Nevada County Fair. Both riders are known world-wide for their high-energy biking skills and their ability to perform amazing feats and tricks on a bicycle.
Continue reading Cap City BMX Stunt Team to Perform at Nevada County Fair