When Escrow is Falling Apart
This week I got a call from a woman and her husband out in Palm Springs. Her 60 day escrow was turning into a 90 day escrow, and there were still no assurances that the deal was going to close. And she needed it to close. They were running out of money to make the [...]
Arcadia Association Celebrates 85 Years of Service
In 1924, a handful of forward thinking real estate professional made the decision to form the Arcadia Realty Board. The “Board” was chartered by the National Association of Realtors the same year hence the authority to use the registered trademark and be called the Arcadia Association of Realtors. On July 1, the Arcadia Association of [...]
The Perfect Outdoor Room
Summer is here and you can almost smell the barbeques and grills all over town working on overdrive. The ritual of summer entertaining brings together friends and family to share a meal, enjoy some cool drinks, and swap stories and laughter on a warm afternoon or evening. If you’re hosting an outdoor meal, it’s fun [...]
Arcadia’s Par-3 Golf Course Readies for Grand Re-Opening
This Saturday, July 25th, from 10am-3pm, the City of Arcadia and American Golf invite you to celebrate the Par-3 Golf Course Grand Re-Opening. This is a free family fun event “fore” you to discover Arcadia’s newly renovated golf course located at 620 E. Live Oak Avenue in Arcadia. Events that will take place include: Demo [...]
9 Year Old Dies after Drowning in Backyard Pool in Arcadia
On Monday, July 20, 2009 at approximately 2:17 p.m., Arcadia Police officers responded to the 911 report of a drowning victim in the backyard of a home in the 1300 Blk. Michillinda Ave., Arcadia. Responding officers discovered homeowners administering CPR to a nine-year old female. Officers took over life saving efforts until Arcadia Fire Paramedics [...]
Owner will Carry
I just got back from Seattle. A client of mine decided to pay for a ‘platinum’ consultation, my plane ticket, and excellent wine. Why? Because, despite the fact that the real estate market in is stronger than most, values have fallen for the upper end properties. It’s hard to move a property that’s listed above [...]
Arcadia Police Blotter
For the period of Sunday, July 5, through Saturday, July 11, the Police Department responded to 923 calls for service of which 129 required formal investigations. The following is a summary report of the major incidents handled by the Department during this period.
Arcadia Weekly – July 23rd, 2009
When All Else Fails Do a Rain Dance
As a note broker, I’ve had my share of notes that I simply couldn’t do anything with. Here’s one I was presented with recently: A delinquent seller carry back note secured by commercial property in West Palm Beach, Florida. The original deal looked like this: Purchase price:$510,000 Down payment:$76,500 1st TD:$433,500 Interest rate: 7.5% I/O [...]
Cal Phil Eclectic Program Brings Crowds
Fab Four as The Beatles; Roger Ward premiere are highlights.
