San Quentin Real Estate News
Apr 11, 2015 | via Marin Independent Journal
Nancy Applegarth and her dog Maverick enjoy her gas fireplace in Marinwood. Air officials want to require property owners to install federally certified wood-burning stoves or fireplace inserts that filter out pollutants upon selling or transferring their properties. Comment?
Apr 3, 2015 | via Inman Real Estate News
A Marin County, California, mortgage broker pleaded guilty last month to 14 federal counts related to a $2.4-million scheme to defraud investors. Paul Sloane Davis, 75, who operated financial services company D.M. Financial, diverted investor funds for personal use or to make interest payments to prior investors to keep them from discovering the scheme, according to U.S. Attorney Melinda Haag. Comment?
Mar 19, 2015 | via Courthouse News Service
A federal judge denied a nationwide loan administrator's request to stop two California district attorneys from enforcing fraud laws against it. Loan Payment Administration and its corporate parent Nationwide Biweekly Administration sued district attorneys in Monterey and Marin counties in October 2014 after a Monterey deputy district attorney said their solicitation letters violated state law. Comment?
Mar 18, 2015 | via Marin Independent Journal
Marin home prices dropped just a tad in February, the first decline in two and a half years, though experts shrugged off the reported 1 percent decrease as an anomaly. The median price of a Marin home was $970,000, compared with $977,500 in February 2014, and 134 homes sold in the county compared with 138 in the same month the year before, according to Irvine-based CoreLogic. Comment?
Feb 23, 2015 | via Sonoma Index Tribune
Tina Shone, a broker associate with Sotheby's International Realty-Wine Country brokerage in Sonoma, earned the top spot among all agents in Sonoma Valley for highest dollar volume in sales for 2014. One of her achievements was representing the sellers of a $12 million-plus Kentfield estate, the highest residential sale in Marin County for the year. Comment?
Friday May 22 | via Daily Herald
There's plenty you can do to affect how much money you make on a home sale or spend on a purchase, according to Consumer Reports' recent survey of real estate pros. In a typical transaction, the money you stand to gain from making smart moves -- or lose from making poor ones--can be substantial, from 11 percent to 20 percent of a home's value, according to the survey. Comment?
Friday May 22 | via Banker & Tradesman
A new report from real estate data collector RealtyTrac shows U.S. foreclosure filings were up 3 percent in April compared with March and up 9 percent from the same time last year, reaching their highest levels in over a year. The U.S. foreclosure rate in April was one in every 1,049 housing units with a foreclosure filing, according to RealtyTrac. Comment?
Thursday May 21 | via Monterey County Herald
The University Village Apartments, an affordable housing development off Second Avenue in Marina, are under contruction in March 2014. Monterey >> Rising home prices so far this year have kept Monterey County home affordability at near-record lows, contributing to an increase in rents. Comment?
Wednesday May 20 | via Palo Alto Weekly
Home sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Comment?
Wednesday May 20 | via JD Supra
Policyholders seeking insurance funds to settle a case often face an insurer's demand that some amount should be allocated to uncovered claims or parties. The issue arises often under directors and officers liability policies, when settlements resolve the liability of covered directors and the uncovered company. Comment?
4 min ago | via NewsLI.com
Attorney General Eric T. Schneiderman today announced the arrest of Fedlaire Aristide, 47, of Freeport, N.Y., for allegedly attempting to defraud Wells Fargo in a short sale scam that would have cost the bank hundreds of thousands of dollars. Aristide, who is not a licensed real estate broker or agent, is also charged with stealing thousands of dollars from a Brooklyn couple who he conned into giving him money towards the purchase of the same home, located in Brooklyn, which Aristide did not own and never acquired. Comment?
10 min ago | via KIII
U.S. stocks rose modestly in late-day trading Wednesday, recovering most of a steep loss from the day before. Investors remain focused on Greece's debt problems. Comment?
8 min ago | via Barron's
Bulls always have long shopping lists. But when a bear has enough confidence to become a buyer, it's worth paying attention. Comment?
8 min ago | via OregonLive.com
Thanks to record-low interest rates, now has never been a better time to build a new home. Bankrate.com said fixed rate mortgages have slowly fallen over the last year, from 4.5 percent to 3.68 percent - where they are expected to hold steady for the remainder of this month. Comment?
22 min ago | via USA Today
Just seven years after his brokerage firm collapsed under a mountain of troubled mortgages, former Lehman Bros. Chairman and CEO Dick Fuld is back in the real estate business. Comment?
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