Archive for October, 2009

Is owner obligated to attend executive session?

Question: I was “mandated” to attend an executive session of my homeowners association because I speak to other owners and voice my opinion on the condition of our complex.


Home valuation code could soon undergo major revamp

A ‘dysfunctional system that’s holding back the housing recovery’ and has resulted in lowball property appraisals and busted home sale transactions, among other things, may be on its way out the door. Could the controversial appraisal system imposed nationwide by mortgage giants Fannie Mae and Freddie Mac in May — and now tied to lowball [...]


The alien in the basement, and other buyer turnoffs

Real estate agents’ horror stories include a home with a skeleton in the closet and another with a snake in the bedroom. But the scariest thing of all may be the seller. Some houses are heart-stopping perfect. But John Boyd’s ticker skipped a beat a few years ago for another reason when he was previewing [...]


English Country by the ocean

In La Jolla’s Barber Tract, the Old World look of this 20-year-old house stands out. Looking back, the challenges San Diego architect David Lorimer faced when designing this English Country home in La Jolla’s renowned Barber Tract 20 years ago were numerous: getting all the roof lines to intersect properly, adding dormer windows on the [...]


Mel B gives the Valley more Spice

Melanie ‘Scary Spice’ Brown purchases a gated home for $3.15 million. Singer Melanie Brown, also known as Scary Spice from her days with the Spice Girls, has purchased a gated home in the San Fernando Valley area for about $3.15 million.


Relationships Matter: Lessons from Across the Date Line – Real Estate News | BiggerPockets.com (blog)

Real Estate News | BiggerPockets.com (blog) Relationships Matter: Lessons from Across the Date LineReal Estate News | BiggerPockets.com (blog)I would suggest the following individual elements: name, segment (buyer, seller, FSBO, sphere of influence, etc.). I've copied below a letter I wrote for a …and more »


Inside The Law: Do You Qualify For HAMP?

Legal analyst Bob Massi explains how the HAMP program can help homeowners who have been unable to get their loans modified.


BALTIMORE: Developer to pay $125M for 1st Mariner Tower

BALTIMORE – A Columbia-based office developer says it is paying $125 million for the 1st Mariner Tower and the surrounding land.


Money Minute: Economy Grows Again

New government figures show the economy growing, but jobs remain a problem, Exxon Mobil’s falling profit and the latest on mortgage rates.


Penn Virginia reports 6 percent rise in 3Q production, raises guidance; sees charge

Penn Virginia Corp. reported a 6 percent rise in its third-quarter oil and gas production Friday, lifted its production forecast for the year and said it expects an $87.9 million charge in the third quarter related to the sale of some properties.