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Our latest map for homes that sold in Bakersfield from Aug. 11 to 18 is ready for a peek. We regularly publish single-family home sale transactions that occurred between individuals, as well as foreclosures. Check out what homes are going for, color-coded by price, with information from First...
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Our latest map for homes that sold in Bakersfield from Aug. 4 to 10 is ready for a peek. There’s no need to grab a map to figure out where to find Autumn Street and Equinox Avenue. We’ve done the work for you. We regularly publish single-family home sale transactions that occurred...
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The Californian would like to hear from readers dealing with foreclosure. How are you coping? We’d also like to talk to regular folks selling non-distressed homes — how it is going for you out there? Is it hard or easy to sell an existing home in good shape when the market is swamped...
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Our latest maps of homes that sold in Bakersfield from July 28 to Aug. 3 are ready to see. Because the sales for that week include days from two months, you’ll find updates to both the July map and the August map. We regularly publish single-family home sale transactions that occurred...
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Our latest map for homes that sold in Bakersfield from July 20 to 27 is ready for a peek. There’s no need to grab a map to figure out where to find Dolores and Claire streets. We’ve done the work for you. We regularly publish single-family home sale transactions that occurred...
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Our latest map for homes that sold in Bakersfield from July 14 to 20 is ready for a peek. There’s no need to grab a map to figure out where to find Cypress or Flower streets. We’ve done the work for you. We regularly publish single-family home sale transactions that occurred...
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Mostly this is an entertainment post...as entertaining as legal documents can be. It's also a bit sad. I've attached an 18-page PDF (click the blue box to the left) of the state's accusation against a now-shuttered mortgage lender. I came across this while researching who loaned a local...
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Our latest map for homes that sold in Bakersfield from July 7 to 13 is ready for you to see. There’s no need to grab a map to figure out where to find Duck Pond Lane or Twelve Oak Court. We’ve done the work for you.  We regularly publish single-family home sale transactions...
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We just published a new REO list for August 29, 2008. There are currently 1,189 REO properties for sale in the Bakersfield Association of Realtors MLS. This includes some properties in Tehachapi, California City, Wasco, Delano, Earlimart, Shafter, Taft, and various other areas. If you'd like a...
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Our latest map for homes that sold in Bakersfield from July 1 to 5 is ready for a peek. There’s no need to grab a map to figure out where to find Gardenwood Lane and Flower Street. We’ve done the work for you. We regularly publish single-family home sale transactions that occurred...
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Our latest map for homes that sold in Bakersfield from June 1 to 29 is ready for a peek. There’s no need to grab a map to figure out where to find streets such as Trooper Way and Brave Avenue. We’ve done the work for you. We regularly publish single-family home sale transactions...
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  An apparent decline in California's pre-foreclosure activity ... something seen even in Kern ... could be an illusion, one foreclosure firm reports. Bank of America's takeover of Countrywide could have created July's drop in default notices, ForeclosureRadar says. That's because...
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Our latest map for homes that sold in Bakersfield from June 1 to 22 is ready for a peek. There’s no need to grab a map to figure out where to find streets such as View Street and Scenic Way. We’ve done the work for you. We regularly publish single-family home sale transactions...
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State's closing is detailed timeline focused on David Crisp/Jennifer Crisp's multiple purchase offers/loan applications to simultaneous lenders without required disclosure... "He lied to the lenders," Rich tells the judge. The applications and use of straw buyer "scams" shows...
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Crisp called one witness, a housepainter, who says he painted room for the Grimshaw house and saw Crisp's family living there before they moved to New Quay. No questions from Cole's or state's attorney for housepainter. DRE calls Crisp...Crisp appeals to judge for help. Doesn't know if he has...
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Crisp to Cole: Has the media been hard on you?  Cole: Yes.   (They go into the job he got in Camarillo...media made multiple calls...they promised my broker they would be there with cameras and recorders [etc] the next day...] By then the brokers had Googled Cole, Cole says, and he...
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Crisp is now cross examining Cole...He has improved questioning tecnnique but it is still not always clear where line of questions is going. I think: he is trying to show how charitable and thoughtful Crisp & Cole was. He had Cole list off the things they sponsored: Lung Association and...
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OK, wow, the DRE's Michael B. Rich began the cross exam of Cole about 45 minutes ago...l can't scribble fast enough. In brief, he has knocked down (on paper) the theory Jack Doremus was in charge of Crisp & Cole Real Estate as designated broker with submitted documents: Cole was designated...
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Mid morning update: Kottcamp is now taking Cole through various files that have been entered as evidence. In some, but not all, cases Cole has said: That is definitely not my signature. Sometimes he isn't sure, but has said some appear to be his and he's not sure of others. Another file, the...
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Good morning- it's Tuesday, must be basement in the Masonic Temple. Carl Cole is on the stand testifying under direct from his attorney, Glenn Kottcamp. So far he is going over employment history...nothing new (I"ll fill in details later). If this is going anywhere, it might be to put...
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Luke Martin of the Department of Real Estate is testifying again. We heard from him before lunch, and he shared how when he interviewed David Crisp in 2005, Crisp brought several magazine articles that detailed Crisp and Cole's success — the airplanes, the designer clothes, the fancy cars....
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Our latest map for homes that sold in Bakersfield from June 9 to 15 is ready for a peek. There’s no need to grab a map to find Leaf Valley and Pine Canyon drives because we’ve done the work for you. We regularly publish single-family home sale transactions that occurred between...
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During questioning by David Crisp, Joe Carrillo, a senior deputy commissioner with the state's Department of Real Estate, said appraiser Gary Crabtree asked the department to investigate Crisp & Cole's dealings. Carrillo interviewed the principals in this case, all except David Crisp. They...
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Good morning. Ron Guzman of Metro Cities Mortgage in Sherman Oaks is testifying about a property Carl Cole purchased in 2005 at 9619 Marseilles Avenue. Cole indicated on loan paperwork that this was going to be his primary residence. He bought it for $1,528,000 from Alan and Marisa Cornejo. ...
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Witness: Laura Calmes, Fremont Investment & Loan She appears under subpoena. The state attorney directs questions. We’re now on a loan made to Robinson Nguyen (a no-show today, by the way), one of C&C’s former top staffers. The loan for 3507 Rancho Santa Fe Street was...
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Our latest map for homes that sold in Bakersfield from June 1 to 8 is ready for a peek. We regularly publish single-family home sale transactions that occurred between individuals as well as foreclosures. Check out what homes are going for, color-coded by price, with information from First...
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There are probably more, but so far we've found three significant land sales by developers fetching them roughly 21 to 30 cents on the dollar compared to what they shelled out during the boom. The most recent are two southwest tracts sold last month by Ennis Homes and a northeast parcel sold by...
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Our latest home sales map is ready for a peek. Check it out here. The map is updated with homes that sold in Bakersfield May 26 to 31, color-coded by sales price. We regularly publish single-family home sale transactions that occurred between individuals. Since foreclosures, or bank-owned...
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Our latest home sales map is ready for a peek. The map is updated with homes that sold in Bakersfield May 19 to 25, color-coded by sales price. We regularly publish single-family home sale transactions that occurred between individuals. Since foreclosures, or bank-owned properties, now account...
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Gov. Schwarzenegger's "90 Days of Hope" campaign has rolled out a series of ads and public service announcements encouraging homeowners to fight to save their homes, according to a Tuesday press release. “It wasn't easy, but we worked with our lender and we got to keep our...
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Our latest home sales map is ready for a peek. Check it out here. The map is updated with homes that sold in Bakersfield May 12 to 18, color-coded by sales price. We regularly publish single-family home sale transactions that occurred between individuals. Since foreclosures, or bank-owned...
Comments [0] - Views [41]
 

Most of you probably already heard about California's Attorney General suing Countrywide Financial, saying the company used deceptive practices to push homeowners into risky loans. Why? Because in recent years, lenders like Countrywide stopped holding loans in their own portfolios, seeking...
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Our latest home sales map is ready for a peek. Check it out here. The map is updated with homes that sold in Bakersfield May 4 to 11, color-coded by sales price. We regularly publish single-family home sale transactions that occurred between individuals. Since foreclosures, or bank-owned...
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Homeowners can learn about options after falling behind on house payments at a free foreclosure prevention workshop. It will be held from 6 to 7:30 p.m. June 26 at the Kern Schools Federal Credit Union Administration Building, 9500 Ming Ave., just west of the Marketplace. Consumer Credit...
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Our latest home sales maps are ready for a peek. You'll find our April map here, and also a map for the first part of May. These maps are updated with homes that sold in Bakersfield April 28 to May 4, color-coded by sales price. Since there is data for April and May, you’ll find the...
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Oh, how times have changed. This ad caught my eye in this morning's paper: "Bakersfield's Refi Guy" has re-invented himself. Now, in a nod to the retro-hot FHA loan, he's calling himself the "FHA Guy". Probably a good move. But, alas, no catchy rhyme. In April, we wrote...
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On Saturday, we ran a piece about V Heritage Plaza,  an under-construction shopping center on South Union Avenue that slid into foreclosure. Newly recorded docs filed with the Kern County Recorder's office show V Heritage developer William Lee also lost his completed shopping center, Little...
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Our latest home sales map is ready for a peek. See it here. No need to grab a map to find Conservatory Court and Harmony Drive (homes on those streets recently sold.) We’ve done the work for you. The map is updated with homes that sold in Bakersfield April 21 to 27, color-coded by sales...
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 Since our City and County Code Enforcement officers can't be expected to know where all of the foreclosed houses are,  I decided to start this blog to help them find houses that are unoccupied and in a state of disrepair.  You know what I mean:  Two months ago, there were...
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Five out-of-town developers are now in trouble on housing projects in Wasco. The latest, Kemp Land Co. (through subsidiary Wasco 37 LP), defaulted Wednesday on a pair of loans for the Climbing Rose Estates tract off Palm on the north side of 46. I drove around Wasco in December (that's when I...
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Kern County had 749 properties foreclosed on in May, marking the tenth month the tally has increased, Kern County Recorder’s office statistics show. Foreclosures are at their highest point since at least January 1995, the earliest date included in the recorder’s office report. ...
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Bakersfield's May median home price of $210,000 matches the median back in October 2004, according to a preliminary monthly report by residential appraiser Gary Crabtree. The figure represents a 24 percent decline from the same month last year — the highest in Bakersfield history, Crabtree...
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Our latest home sales map is ready for a peek. Check it out here. No need to grab a map to find Floral Meadow Drive and Pine Borough Court (homes on those streets recently sold.) We’ve done the work for you. The map is updated with homes that sold in Bakersfield April 14 to 20,...
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Our latest home sales map is ready for a peek. No need to grab a map to find Twin Falls Drive and Little Falls Court (homes on those streets recently sold.) We’ve done the work for you. The map is updated with homes that sold in Bakersfield April 7 to 13, color-coded by sales price. We...
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Reynen & Bardis (Sacto developer) just racked up its 5th LOCAL default (two in one day yesterday for Wasco sites). These are getting commonplace now. Except this time one of the defaults impacts a tract with people living in it (Hidden Grove). Does anyone know what's going to happen?...
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The Bakersfield metropolitan statistical area, which includes all of Kern County, has one of the nation’s lowest rates of home price appreciation, according to a Thursday report by the Office of Federal Housing Enterprise Oversight. Home prices depreciated 14.89 percent in the first three...
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National real estate auction company Hudson & Marshall will be back in Bakersfield on June 9. The company Web site shows 47 Bakersfield homes listed for sale, along with a handful of listings in Kern communities such as Pine Mountain Club and Delano. (I wrote about a similar auction of...
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Our latest home sales map is ready for a peek. See it here. No need to grab a map to find Harvick Avenue or Roosevelt Street (homes on those streets recently sold.) We’ve done the work for you. The map is updated with homes that sold in Bakersfield April 1 to 6, color-coded by sales...
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The new owners of downtown’s landmark Padre Hotel are hurriedly trying to secure a $16 million construction loan after San Joaquin Bank declined to finance the building’s renovation. “No one’s lending for anything right now,” owner Brett Miller said. The project is...
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California's new-home market doldrums is nearing its nadir, the California Building Industry Assocation announced this morning. The trade group based its statement on the the slowing pace of year-over-year sales declines. Still, the numbers aren't pretty. Sales fell more than 48 percent...
Comments [14] - Views [115]
 

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