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I Need to Fire My Realtor

Knowing about, and being comfortable with, seller financing is increasingly becoming an important skill set for real estate professionals.   Here’s an email I received and responded to recently: Dawn,  I would like to carry up to 90% of the loan on my property and be the banker.  My property is currently listed at $1,547,000, and…

News

TWO YEAR OLD BABY BOY DIES

At 6:00 a.m. Tuesday morning, August 18, 2009, Pasadena Police officers responded to a call of a baby not breathing in the 500 block of Summit Avenue. First responders arrived and were unable to revive the two-year-old boy. He was pronounced dead at the scene. Detectives responded and the incident is under investigation. “The death…

News

Parolee Arrested For Suspected Burglary

On Friday, August 14, 2009, the Pasadena Police Department arrested a suspect responsible for a residential burglary in the 1000 block of South El Molino Avenue that occurred on August 8, 2009. Three handguns were stolen in that burglary along with jewelry and electronic items, none of which have been recovered. Pasadena Police Forensic personnel…

News

State Schools Chief Releases 2009 STAR Program Results

State Superintendent of Public Instruction Jack O’Connell today released the results of the 2009 Standardized Testing and Reporting (STAR) Program that show California students overall continue to make steady academic progress in English-language arts, math, science, and history-social science. “I am pleased and encouraged to see that for the seventh year in a row, California…

News

Defering Capital Gains

Do you remember the old lime-green travel agency at 9661 Las Tunas? You may have known the cute little old couple that ran a travel agency business out of it for 25 years or more.  Now, that building is their pension fund. One day a few years ago, as we passed it to get our…

News

The dog days of summer – time to spruce up your home!

I recently received a call from a friend who was at wit’s end with her adorably small, but dingy apartment.  With the heat of August came a restlessness and the urge to do some serious sprucing up in her apartment.  She wanted to make her environment productive, peaceful and beautiful. With the desperation of Princess…

Crime

Arcadia Police Blotters

For the period of Sunday, July 26 through Saturday, August 1, the Police Department responded to 977 calls for service of which 152 required formal investigations.  The following is a summary report of the major incidents handled by the Department during this period. Sunday, July 26: Units responded to Westfield Mall around 11:22 a.m. in…

News

Campaign Contribution Made Following Senator’s Award to Private School

Huff Vows to Return Cash after Abruptly Shuttered School Leaves Students and Teachers Owed Thousands Shortly after being named Small Business of the Year by State Senator Bob Huff, the Montecito Fine Arts College of Design abruptly closed its doors in July, leaving students and teachers alike dumbfounded without pay, and without answers. However, Montecito…

News

We're going to quit making our mortgage payments . . ."

I’ve heard that from more than one acquaintance in the last few weeks.  It’s not because they’ve lost a job, or had a medical emergency, it’s just that it doesn’t make sound financial sense to keep making the payments anymore. Defaulting on a mortgage or credit card has become a cool and calculated financial decision,…

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