Napa Wineries Part of $269 million Sale-Lease Deal…We're Doing This for Homeowners
If you’ve been to NAPA…Northern end, you have seen this beautiful villa elevating from the surrounding Oaks… Iconic Napa wineries part of $269 million sale-lease deal THE PRESS DEMOCRAT Sterling Vineyards near Calistoga is part of Diageo alcohol conglomerate’s $269 million sale of Napa Valley properties to a California investment group. Diageo will lease back the wineries and vineyards. By Kevin McCallum THE PRESS DEMOCRAT Published: Thursday, June 24, 2010 at 6:40 p.m. Last Modified: Thursday, June 24, 2010 at 6:40 p.m. One of the largest California wine deals in...
Read MoreCharlize Theron Renting Her Malibu Beach House for $50,000/Month
I’m wondering if the home is a beautiful as she is? For the price of a brand-new car, you can rent a home in Malibu. It’s not just any Malibu home, but the home of actress Charlize Theron. The South Africa native is renting it out for $50,000 per month, according to TMZ. It’s a 2,095 sq ft home right on the beach, and has three bedrooms, four bathrooms, and a private deck overlooking the Pacific. And, if you think Theron’s price is a bit high, let’s put it in perspective: there’s another Malibu home for rent for $110,000/month, another rental for $75,000/month, and several...
Read MoreEnd of Your Emotional Rope! Strategic Short Sale
This is a video from CNN that is beating up this guy about his decision to do a Strategic Short Sale. However, this homeowner “investor” is right! Morally wrong? Is it morally wrong for banks to default on their properties? or is it a business decision? The last 4 listings we have taken were not necessarily broke or in dire financial straights…they simply were tired of trying to work with their banks to find a solution to their bad financial situation. The banks are unwilling to work with them… because they “were not going to work with them as long as...
Read MoreCalifornia Assembly Bill 1639 Requires a Foreclosure Mediation Mortgage Workout Program or "MMW"
You know…the more we read about CA the less I am concerned that we are the litigious state that we have the esteemed label of being. Lot’s of new laws hitting the Halls of Sacramento for consideraton…laws that have already been in place in many other states nationwide…Is CA behind the Legal Eight Ball? Here’s another bill Coming to the CA assembly floor this week. Allows for the homeowner to have a Face to Face with their Mortgage Company with the assistance of a mediator… Process begins when the borrower receives a Notice of Default or NOD. Borrower will...
Read MoreActive Army, Navy, Marines, Air Force, Cost Gaurd & Reserves…Soldiers & Sailors Act Protects against Foreclosure
God Bless America! The Soldiers’ and Sailors’ Civil Relief Act of 1940 (SSCRA) was updated and amended in 2003 by President Bush. This Act was created to protect our Fellows in Arms during their “Active Service”. Many of our soldiers we’re non-active in the National Gaurd or Reserves. When called to duty, they leave jobs behind. T What does the SSCRA accomplish? read Below…We are featured in this article: LASplash.com: Home Military Family Homes Foreclosed? By Brian Standly (Los Angeles, CA) May 4, 2010 Men and women serving in the United States...
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