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Entries Tagged as 'California'

The Foreclosure Fallout

May 2nd, 2008 · No Comments

California bill requires lenders to maintain foreclosed homes.
A bill that passed the state Senate here on Monday April 28, 2008 would require lenders to maintain foreclosed properties or face fines of $1,000 a day.
California has one of the highest foreclosure rates in the nation. Many communities, particularly in the Central Valley, are riddled with homes […]

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Tags: California

Los Angeles First LEED Designated Home

January 1st, 2008 · 1 Comment

Tom Schey had the idea - he and and his partner, environmentalist Kelly Meyer, made it a reality. Project 710 has achieved the distinction of becoming the first standard-framed home in the State of California to receive LEED platinum designation*. LEED stands for Leadership in Energy and Environmental Design and is a hallmark of high building […]

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Tags: California

When the rich feel the housing pinch - Nicolas Cage

December 30th, 2007 · No Comments

When the rich feel the pinch - Nicolas Cage. The Oscar winning actor had his home on the market recently actually last year…he listed his Bel-Air mansion for a cool $35 Million in the Fall of 2006.  Seems he bought the home in 1998 for $7 Million.  In early December he took the house off the […]

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Tags: California

Home Equity Sales Contract

December 17th, 2007 · No Comments

Court Strikes Down Bond Requirement For Home Equity Sales Contract The case of Schweitzer v. Westminster Investments involved a homeowner, Schweitzer who sued to reclaim real property he voluntarily sold to an investor the day before a scheduled foreclosure sale. The plaintiff in this case tried to reclaim the property by arguing that his […]

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Tags: California

UCLA Anderson Forecast=Dim 2008

December 12th, 2007 · No Comments

UCLA Anderson Forecast=Dim 2008 With Job growth slowing, due primarily to the soft housing market, California’s economy is projected to take a turn to the worse for 2008.
The quarterly UCLA Anderson Forecast calls for unemployment rates to hit 6.1 percent, largely due to the loss of jobs within the mortgage lending sector.  Meanwhile, the […]

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Tags: California

C.A.R.’s Disaster Relief Fund

December 12th, 2007 · No Comments

C.A.R. has received $872,638 in member donations to its Disaster Relief Fund to assist those who lost their homes and or businesses in the series of wildfires that have consumed more than 1,700 homes across Southern California since October 21.  Of that amount, $322,000 in grants has been awarded to those in need.
"Your donations to […]

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Tags: California

Hot Doggie Hot Property

November 25th, 2007 · No Comments

Hot Doggie Hot Property Just Listed: Actress Kaley Cuoco has listed her home in Sherman Oaks out of concern for a four-legged friend.Zeus, the actresses German Shepard needs new digs so the actress known for her role as Bridget Hennessy on the former ABC sitcom "8 Simple Rules," has set out to find Zeus a […]

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Tags: California

Foreclosure Fallout for Neighbors

November 11th, 2007 · 1 Comment

What gets left behind when home owners facing foreclosure choose to walk away from their homes? Green pools, broken windows and overgrown landscape. In recent months increasing numbers of homeowners have been forced into foreclosure, some owners trash their homes before they are repossessed. Reports are circulating that owners are stripping anything and everything […]

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Tags: California

Proposed TOD deed

November 4th, 2007 · No Comments

Go Granny Go! Mary Pat Toups, 79, a pro bono attorney and a grandmother has been on a crusade for a one page document to bequeath property without the need for courts and lawyers.
The proposed "revocable transfer on death deed," or TOD deed, is aimed at giving homeowners a simple, inexpensive and secure method […]

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Tags: California

Moving up in Malibu

November 4th, 2007 · 1 Comment

Matthew McConaughey likes his $65,000 Airstream so much that he lives in it and has ordered two more this past spring. Now that he has three of the Luxury Coaches he apparently needed someplace to park them.
The actor was reported to have been searching for a home to buy when he saw a house, […]

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Tags: California