Leucadia, CA Real Estate News

By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Content Inside: Be Red Cross Ready An earthquake is a sudden, rapid shaking of the earth caused by the breaking and shifting of rock beneath the earth's surface. Earthquakes strike suddenly, without warning, and they can occur at any time of the year, day or night. Forty-five states and territories in the United States are at moderate to very high risk of earthquakes, and they are located in every region of the country. Earthquake Safety Checklist � Contact your local emergency management office, local American Red Cross chapter, state geological survey or department of natural resources. � Mobile homes and homes not attached to their foundations are at particular risk during an earthquake. � Buildings with foundations resting on landfill and other unstable soils are at increased risk o...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
  John Arendsen's Blog By John Arendsen | Builder/Developer in Encinitas, CA View RSS feed close [x] Wow! I'd sure like to get a piece of this. It almost wants to make a good borrower go bad. This is almost as bad as Palosi buying all the jets for her family to travel around the world in. Things are rally starting to P___s me Off!!.......What Are Your Thoughts?Daily Real Estate News  |   February 9, 2010  |   Share Will paying underwater borrowers to keep meeting their mortgage obligations prevent them from walking away?Loan Value Group LLC says it is working with a major mortgage lender to test this theory.Here’s the plan. The mortgage investor offers a cash reward to borrowers to keep paying. The amount varies by borrower based on income, negative equity, geography, and other risk fac...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Just wanted to pass this along to AR Daily Real Estate News  |   February 9, 2010  |   Share Home Builders Are Rebuilding Everything from tax credits to longer tax-loss carry-backs to the ability to take big write-downs for the declining values of land and inventory has created a foundation that has allowed builders to rebuild themselves. Beazer Homes USA Inc. announced last week that first-quarter new-home orders rose 37 percent, and its cancellation rate fell to 27 percent from 46 percent the previous year. D.R. Horton also announced last week that it had posted a $192 million profit in the first quarter after losing $62.2 million in the same quarter last year. Executives for both the companies are pleased with this quarter’s results, but both express concern that the overall economy ...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
In an interview with the San Diego Union-Tribune, Michael Lea, director of the Corky McMillin Center for Real Estate at San Diego State University, says he is encouraging students to study real estate because we are at the bottom of a cycle. By the time these students have graduated, he believes the industry will have recovered. “I don’t think we’ll ever again see the 2005-2007 heyday in real estate. That was an anomaly, and actually, I hope we don’t go back to that. But within real estate, there are a lot of opportunities, such as property management and lending,” he says. Lea sees apartments as a particularly bright spot. “I think as more people realize that homeownership is not quite what it was cracked up to be, we’re not going to have marginal people buying homes any more," he says...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
This question was posted on another RE blog and so far has received over 600 comments, debates and discussions from the RE, Mortgage and Homeowner perspective. I've been tracking much of the dialog exchange and it's really been a pretty revealing and entertaining blogging experience. I don't know what the record is for comments from a single post but I'm amazed at the life and mix of opinions, attitudes, philosophies and controversy it has stirred up with so many individuals from all walks of life. It would be interesting to see what the AR community thinks of this? What's Your Opinion?
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
What Will the Market's New Normal Be? In a new study, "Housing in America: The Next Decade," Urban Land Institute senior resident fellow John McIlwain says the housing market will not return to what it was prior to the downturn but rather that a "new normal" will take its place. He expects another 10 percent decrease in residential prices this year, a jump in the number of borrowers abandoning "underwater" mortgages, and a change in consumer perceptions of homeownership. "The emotional impact on the children and parents and disillusion about the 'joys' of homeownership will be intense; new attitudes to homeownership and the American dream will emerge," McIlwain writes. He expects home price appreciation to hover around 1 percent or 2 percent per year after the market recovers and the na...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
The following article was written by a very good friend and business associate of mine who specializes in Manufactured Home Reverse Mortgages. If anyone in the Trulia community knows any appraisers that specialize in MH's in California please let us know. This is a very important development for our industry and could really impact the whole market negatively.   Thanks in advance for your help.   John DL Arendsen To the Friends of Reverse Mortgage West     As you are aware, beginning February 15, new HVCC regulations will require that appraisals for all FHA insured loans be ordered through an Appraisal Management Company (AMC).   It will no longer be possible to ask an appraiser for a valuation opinion prior to the appraisal.  This affords no protection for the home owner from incurring...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
We want to share this with AR and the "AR Disaster Preparedness For Lunch Bunch". These are the kinds of messages that need to be shared with your sphere's of influence. It's valuable information and you will be doing your family, friends and neighborhood a big favor by sharing it with them. The more information and knowledge you acquire and share the more credibility and momentum you gain in your community on the subject of Disaster Preparedness.Thus, more folks will seek you out as an authority on the subject. As this begins to happen (and being the marketer, promoter and entrepreneur that your are you've already let them know what you do and given them your contact information) folks will seek you out for more information. Who do you think they will turn to when it's time to list the...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Know Your Loan Ingredients!    Part I of a Three Part Serie When the FDA required food manufacturers to reveal the ingredients, nutritional value, calorie count and net weight on their product labeling, the big winner was the consumer.  The consumer wins again now that Department of Housing and Urban Development (HUD) has set a standard for loan transparency.  As of January 2010, all loan originators are required to give borrowers a loan"ingredient" list called a Good Faith Estimate (GFE).   This five page "label" structured as part of the Real Estate Settlement Procedures Act (RESPA) clearly discloses key loan terms and closing costs to the borrower.   Actually the Good Faith Estimate is more than a vague estimate because once presented to the borrower,  it is a binding estimate with f...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
I know a lot of folks don't like cutting and pasting or re-blogging but I only do it when it's about information or knowledge I don't have and I think it important enough to share. You really ned to read this and pass it along to everyone you care about. RED ALERT! THIS IS NOT A JOKE! IF YOU DON'T HAVE TIME TO READ IT NOW, PRINT IT OUT AND TAKE HOME AND TEACH THIS TO YOUR FAMILY AND SEND THIS TO YOUR ENTIRE DATABASE, IT JUST MAY SAVE LIVES, PERHAPS...YOUR OWN. Find out from your children’s school what they teach the kids and get it corrected. And forward this to everyone you care about. EXTRACT FROM DOUG COPP'S ARTICLE ON THE: 'TRIANGLE OF LIFE' My name is Doug Copp. I am the Rescue Chief and Disaster Manager of theAmerican Rescue Team International (ARTI), the world's most experiencedr...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
I had some really great responses and comments to a recent post, Are You Prepared?, and thought I'd follow up with a little more friendly advice. I don't want to ponder on the subject but with the advent of what has happened in Haiti and my 25 years of disaster response experience I just wanted to pass a little more information along to my AR friends, associates and members. The following link and graphic is a company that I started doing business with after the 1994 Northridge Earthquake. I have never been anything more than a customer but they have been in business for many years and have a good reputation in the survival industry. http://www.quakekare.com/index.asp?PageAction=VIEWPROD&ProdID=20     I had a 3 day survival kit in all of my vehicles at all times as well as at least 3 ga...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Here we sit in the comforts and confines of our own abodes and protected environs watching this staggering and mind boggling epic event unfold from our flat screen TV and online computer. All the while hundreds of thousands these poor souls are experiencing first hand, this horrific turning point in their lives and  not even having one second to stop and think about how this will alter or regretfully even terminate so many of their lives. There comes a time when we just need to cast all that’s important to us aside and take a moment to appreciate and reflect on just how lucky we are. Most if not all the folks who read this post have never had to experience the trauma, disaster, loss of life and limb, terror, chaos and misery to the likes of what we are currently witnessing happen to so...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Something to share with Family, Friends, Neighbors. Please keep this  going....               INFORMATION EVERYONE  SHOULD KNOW.......................Blood  Clots/Stroke - They Now Have a Fourth Indicator, the  TongueI  will continue to forward this every time it comes  around!My  nurse friend sent this and encouraged me to post it and spread  the word.I agree.If everyone can remember  something this simple, we could save some  folks.Seriously..Please read:STROKE  IDENTIFICATION:During a BBQ, a friend stumbled and  took a little fall - she assured everyone that she was fine  (they offered to call paramedics) ..she said she had just  tripped over a brick because of her new shoes.They got  her cleaned up and got her a new plate of food. While she  appeared a bit shaken up, Ingrid went abo...
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Hello and Welcome to Leucadia California Free Foreclosure Auction Search, Bank Owned REO, Short Sales, and Homes for Sale. November 10th, 2009 Understanding the foreclosure property auction (also known as Trustee Sale) process takes time, due diligence, and understanding.  Saavy Real Estate investors can find some of the best deals around buying at these auctions, but is it right for everyone?   We would like to help explain further about these auctions and the benefits and downsides of buying Real Estate at them. Understanding the overall process is the key, and here is how the process goes as an overview: Pre-Foreclosure (Also known as Notice of Default).  Pre-Foreclosure is usually when the current homeowner is 90 days past due on their Mortgage.  Under the new California Foreclosure...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
This is a response to: Steve Shatsky - Dallas Real Estate & Short Sale Specialist (469)449-9840 (Prudential Texas Properties) recent post: Are You Creating Conversation, Connecting with Consumers or Simply Creating White Noise with your Blog... and does it really matter? I thought this was a very well written post about a very important subject. Inasmuch as I'm a newbie blogger and haven't a clue what I'm doing I do it all. Cut and paste, write frivolous posts, relevant posts, re-publish others' posts, etc. I'm finally starting to get the hang of it I think. I've written 70+ posts and have had 7 features so I'm seeing and feeling some forward movement; especially given my field of expertise in Manufactured Housing which I know is not considered by most RE professionals to be mainstream...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
I don't know about you folks but when I read this I became livid. Why should innocent investors have to suffer the consequences of careless reckless and even down right crooked lenders. They invested their money in good faith. Why should they have to give up one red cent of their principle investment. This whole "Loan Modification" debacle will break the banks literally and figuratively. If investors have to take a hit you can bet that they won't be putting anymore of their money into the banks anytime soon. I've been opposed to government intervention from the get go but this is one time I would support the government stepping up and taking the hit instead of the private investor. Yes, I know that it's really our tax dollars but at least we'd still have a pool of investors left over a...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
By now every one has probably heard about the recent incident onthe NW/Delta flight #253 fromAmsterdam as it was making theapproach toDetroit . The terrorist on board who was attempting to blow the aircraftout of the sky was trying to ignite a substance similar to the Explosive shown in the following demonstration ... click on the link below. Be sure to read the captions on the video. After seeing the demonstration you'll be saying OMG ! http://www.liveleak.com/view?i=079_1261862556&p=1I'm not an alarmist or a doomsayer but the link above really got my attention and I felt obliged to share it with my family, friends, and business associates. Hope you take it the right way. I've never been a participant in melodrama or hype but things like this are obviously real. Take care and travel sa...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
TOMORROWS HOUSING TODAY: Check Out These Lovely Modular Homes and Then Read Our Post and The Attached Article From Realtor.com. Modular and Manufactured Housing Is The Affordable Choice To Make Today. I wanted to share this post and the attached Realtor.org article below with the AR community. I was just thinking about this on my last trip to Fort Meyers, Fl and the last San Diego Padre Home Game at Petco Park in downtown San Diego. I couldn't help but notice all the partly to almost completely empty hi-rise condo developments in these two very vital urban communities. A very good friend of mine purchased a condo in Little Italy, a Burroughs of the downtown San Diego community, in 2004 at the height of the market. He told me that he could well afford the loss in value because he bought...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Reading AR member's posts everyday gives me the fodder, inspiration and incentive for so many of my posts. I'm very happy I joined the AR community and have really created some great long distance friends and relationships. I read a bunch of posts this morning as I do every morning because it gives me insight into our industry and the psychology and philosophy that drives it. Many of today's posts were about ethics, fiduciary responsibilities, the value of joining NAR and becoming a "Realtor" vs an "Agent", etc and they are all good messages. But isn't this all just plain ole good common sense? I'm a Realtor and have been since shortly after I received my RE license. But I've never felt that I'm a member of any elite organization and more importantly I don't think anyone I've ever worke...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
      What Are You Doing New Years...........New Years Eve.......? Remember that song? You'd be surprised how few people still remember that tune. Well, having reflected and pondered the last 50 out of my 64 wonderful years on this planet I have to say that there's definitely be an appreciable transition for this ole boy. I remember my teens, circa 63-68,  how we would drive my old post office truck I bought at a Post office auction in 1963 for $500. I converted it into a "Surf Van" with fish net, cork floats and old glass balls adorning the walls and hanging from the roof and hung 6 hammocks in it for our "Surf Safaris" to Mexico and San Diego. But the adventure didn't stop there. We would drive 50 miles to Pasadena on New Year's Eve in order to get a good place to watch the Rose parad...
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