Major Real Estate Auction Mistake Creates Legal Dilemma

People make mistakes.
What do you do when a simple error results in the sale of a condo at auction for $21,897 when it was meant to sell for $219,105? That’s exactly the issue the California Supreme Court is struggling with.
Scott Graham wrote about this story in an article titled, “Pondering a $200K Real Estate Mistake,” posted April 4, 2013 for The Recorder on the Law.com website.

Auction Creates Interesting Legal Problem

Graham writes that some things are just too good to be true. Apparently that was the case when David Biancalana found the deal of a lifetime when he saw the three-bedroom, two-bath condominium in Watsonville that sold for $380,000 in 2004. Graham writes that Biancalana checked with the foreclosure service agent, T.D. Service, twice to confirm the price, before bidding and winning the property.
The lender, Greenpoint Mortgage Funding, Graham explains, instructed its foreclosure service agent, T.D. Service, to list its opening credit bid at $219,105. But T.D. unintentionally set the auction figure at the amount of the mortgage delinquency, which was $21,897.
The court now must decide, Graham, for his part contends.

In Related News…

All in all it is a very strange dichotomy indeed: We hear the economy is still weak, and yet big business and in many areas, real estate, seems to be more or less booming. I am sure the low interest rates have a lot to do with that, according to a friend of mine .
Take the case in point, Boston.
Ira Kantor tells the story in his report posted on the bostonhearald.com website under the BizSm@rt Column: “Report: Hub commercial real estate market roaring back,” April 9, 2013.
Kantor declares Boston as officially in growth mode. He cites local real estate services company Jones Lang LaSalle as saying that it has entirely made up for recession losses, its pace of recovery one of the best in the nation. In places like Big Bear this certainly seems to be true.
The first quarter began with strong leasing activity in several sectors, Kantor notes, from financial to life sciences, technology, biomedical and engineering firms. The vacancy rate in Greater Boston dipped below 15 percent for the second quarter in a row, and surged 27 basis points” because of a number of spaces that were known to be coming to the market, including Monitor’s 196,000 square feet at 2 Canal Park in Cambridge and IBM’s building at 5 Technology Park in Westford.”
Here’s a real surprise: Kantor adds that downtown Boston’s vacancy rate dropped to just 9.6 percent. Rents increased in Downtown Boston 0.4 percent this quarter and 2 percent year-over-year.
Kantor’s note of caution is that even though things are looking up, the effects of sequestration, he warns us, remain to be seen “in this market that relies heavily on NIH funding and federal spending in defense,” according to Jones Lang LaSalle.
Sequestration? We almost forgot about you

People Cannot Take their Eyes off Of The iPhone

It was a rainy and windy day and it crazier than ever. Good day to do business here though. We were walking at the Third Street promenade, trying to balance our umbrellas and cell-phones and stumbling upon other pedestrians. My friend was really frustrated that her new touch-sensitive phone slowed down her prolific texting abilities. It never occured to her to put down the iphone even under the pouring rain. How else would she stay connected to the world? That moment we saw a woman nearly run over by an SUV when she walked into traffic while looking at her cell phone. Then we noticed a bicyclist riding in the middle of traffic and talking on the iPhone the same time. That really takes almost Olympic strength. Boy that Apple is a great corporate technology giant, I bet they have a great corporate attorney there in LA and Bverly Hills. Actually on second thought they are not based in the city of angels or the city of lights but in silicon valley actually. I mean, what a franchise! Their intellectual property and trademark is worth a small fortune.

Everyone has seen a video on YouTube of a woman who walked into a fountain while texting.Then she appeared on TV crying and looking to find a person responsible for spreading a hilarious clip. She said that a lady from the church texted her to ask when was her birthday. I personally find it hard to believe. More likely, she had just found about her boyfriend’s weekend entertainment activities.

There was also an article in a local newspaper about two moms who crashed their baby-strollers into each other while talking on their phones. We really have to sometimes get out of our virtual world back to reality. Why have we become so hypnotized by these shiny gadgets like the internet phone, softphone and the like.? Don’t get me wrong I love the iPhone as well although they are hard to get a repair done on them, especially if you send it off to corporate business section.

I think it is better to uses an independent Internet phone or softphone service like that one based I think in Miami so you can make international calls from mobile or for that matter international calls from cell phone because they can repair it in a hurry, and the scratched 3g screen, water damage, dropped iPhone and of course most other repair issues. Their main advantage is in the overall speed of the repair.

Scientists tell us that we are wired since the time of Neanderthals to pay attention to novelty. Everyone is eager to evolve, nobody wants to be left behind. That’s why we buy a new phone before we can learn all the options on our old gadget. Elisabeth Kohen, Harvard university professor, says that the same thing happened with cassette players and radio. History shows us that keeping up with the constantly changing technology has always been our major addiction and it’s safe to assume that it will always be this way.

Woodstock, New York Cottages For Sale Offer a Nostalgic Atmosphere of Long Ago

What makes these different from any other cottage you’ve ever seen? Oahu is really nice too….Plenty. To start, you just cannot beat a charming, cozy cottage tucked away amidst the most breath-taking landscapes anywhere. Considering the Catskill Mountains, lush forests, countless lakes and gently rolling hills in every direction you look, how could anything compare? Quite honestly, they offer not only old-fashioned charm and appeal, they offer respite from a world that has become much too hectic and stressful. I really like oahu and the big island of Hawaii too too, for that matter.
The Rocky Mountain state of Colorado is great too. acclaimedroofing.com has more information for those building or repairing a house in the mile high city of Denver CO.

Whether you are looking to buy a cottage that is already built, in construction or want to use a few ideas of your own, you will find the distressed, modern rustic appeal refreshing. This as well as Oahu Real estate is in the area combine the best of the old with the new. Modern amenities such as whole-house audio and security systems are really “cool”, while salvaged and reclaimed wood throughout take you back to a century ago. The constant grind and pace of city life can wear on anyone’s nerves; it’s sometimes necessary to get away for a while and simply relax. The houses and cottages for sale are perfect for those times when you want to enjoy a long weekend surrounded by nature, or for those vacations any time of year. The construction and roofing service is superb as well. There is certainly no shortage of things to do, whether you want to ski, ride horses or fish or enjoy the theater and waterfront parks. it is not as warm as a place like Oahu or the big island of Hawaii but still very nice.

A few of the other features that will take you back in time are claw-foot tubs, a big wrap around porch, old-school radiators and even walk-out basements that can be converted to living space later on should you decide to expand. Another thing you will love about the Woodstock, New York cottages for sale is that you can enjoy complete quiet, privacy and solitude, since there are no near-by neighbors or traffic. Relax in a hammock and take in the beauty only nature can inspire. I also really enjoy Oahu as well as big island real estate for many reasons.

Can you imagine going backward in time to a century ago, when life moved at a slower pace? Picturesque landscapes, a quiet peace of mind you just cannot find in the city, rustic, distressed “old” new homes that offer all of the charm and character you could ever want. This is exactly what you will find today in the Oahu and Big Island real estate arena.. Why not sit back and enjoy life for a change?

Pedestrian Injured When Woman Drives Into 7-Eleven … Doh!

March 30, 2011-According to reports a pedestrian was injured when a woman drove into a 7-Eleven. Doh! More crazy California news. According to Dan Adams the accident occurred at approximately 5:45 p.m. at a 7-Eleven convenience store at the northwest corner of Main Street and Palmyra Avenue.

The woman was driving a GMC Sierra pickup truck and hit the gas pedal instead of the brake, causing the truck to accelerate into a guardrail and then through the stores window. A female pedestrian was injured, when she was struck by the rail and transported to the hospital with non-life threatening injuries. There were no other injuries reported by store employees, customers or the driver of the GMC pickup truck. Looks like they won’t be needing a personal injury lawyer doesn’t it? It really chaps my hide that people drive like such buffoons in California.

Hundreds of Thousands of Sardines, Mackerel and Anchovies Dead at Redondo Beach

March 8, 2011-According to reports by bloggers, workers from several local agencies are scoping up thousands of dead fish out of the waters in Redondo Beach.

According to Los Angeles County Department of Beaches and Harbors spokesperson Debbie Talbot workers from numerous local agencies are scooping hundreds of thousands of dead sardines, Mackerel and Anchovies out of the waters at King Harbor Marina.

The fish die-off was likely caused by severe winds seen on Monday night, causing the fish to seek safe waters, Talbot stated. She went on to say that there were so many in the waters that the oxygen was completely depleted and when the water was tested Tuesday morning it was at zero. Fish, according to Talbot can survive in water that is at an oxygen level of 5 or higher.

According to marine coordinator for King Harbor, Staci Gabrielli, the fish were so thick in some areas of the marina that boats could not get out of the harbor. Authorities state that they in fact will be dumped back into the water, transported to recycling plants or landfills. Resident Walter Waite stated that everything looked normal yesterday and today there were millions of dead fish in the harbor.

In San Ramon Man Suffers Critical Injury Waiting To Cross The Street

The San Ramon Patch posted a story by Patrick Creaven, February 14, 2013, under the headline, “Man Critically Injured by Falling Traffic Light.” This is a really good example of a freak accident, of being in the wrong place at the wrong time. This kind of thing goes on a lot in San Diego and southern California roads as well. You have to be careful on the highways anywhere in the Golden State of CA. I guess all the wrecks keep the car repair firms busy at least.

More On The Tragic Story

It seems man was driving a tractor-trailer about 1:35 p.m. last Monday evening at the Crow Canyon Road and Camino Ramon intersection when he knocked down a traffic light pole. This caused the traffic light to hit a 23-year-old man’s head. According to the Patch story, traffic officer Bill Doherty was quoted as saying the man who was hit by the light is in critical condition at John Muir Medical Center. All in all, someone may need help and parts after the said collision with the traffic light, even if it is a tractor trailer. Speaking of that, I like pacifichighwayautorepair.com if you need your auto repaired in the San Diego area. It would probably not be too much automotive tech to fix the vehicle in question for a car service or body shop firm, but hey no job too small I suppose.

Further Details On The Accident

Patrick Creaven reported in the piece that the driver of the tractor-trailer was turning too sharply right from Crow Canyon onto Camino Ramon when it hit the traffic light pole. The poor pedestrian “was waiting to cross the street on his way back to work when the traffic light came crashing down and hit him in the head,” wrote Creaven. Wow, you talk about your freak accidents. I bet that has never happened in the golden state of CA roads or highways, much less San Ramon or the bay area before.

Sarah Palin Joined The Rolling Thunder Bike Ride

May 30, 2011 (by Horatio Algren) According to reports, to honor military veterans and missing soldiers, airmen, Marines and sailors in Washington D.C. Sarah Palin, the former Alaska governor was a passenger on a Harley Davidson motorcycle riding among the estimated 400,000 riders on their 24th annual Memorial Day ride to honor veterans and missing service members. Palin’s husband and daughters also took part in the ride from the Pentagon to the Vietnam War Memorial.

Palin posed for pictures with service members, motorcycle riders, families and friends during the Rolling Thunder event. She visited the WWII memorials and the Lincoln Memorial and with her party read the words of President Lincoln.

On her website Palin stated that riding with the bikers that joined in the annual ride made it clear that everyone needs to do everything they can to remind Americans we have our freedom because of these veterans, the missing and fallen service members.

When You are Seeking Credit Counseling

One of the hallmarks of a good money manager is someone who automatically saves a little money each month, rather than going a little deeper in debt. Instead of using credit cards when those unexpected, yet inevitable, expenses arise, having money in the bank keeps your financial plan from falling victim to the unforeseen. This is why so many folks have been turning to deferred annuities debt consolidation, credit counseling, debt management and the like. Some people are asking  and what is a 401k annuity as well.

The site www.esureannuity.com  has some answers.
Commonly, debt management experts recommend that you try to keep 6 months worth of expenses in reserve, and that you automate regular monthly deposits into your savings account by direct debit.

Reduce your debt systematically. Here is the key: It’s not what you deserve, it’s not what you want or need, it is what you can afford. Limit unnecessary expenses, pay off existing debts; it sounds simple, but it requires a strong will and a strategy. You may want to consult a credit counseling, annuities expert firm for assistance in this important matter.

Write a plan for your future. My son believes that writing down your goals brings them from the realm of thought into the physical world of actuality. There is power in having a formal, written plan. Put your heart and soul into the writing of it—design the human being you want to be in the world. If you are going to obtain an annuity, first ask “what exactly are annuities?”

People put off making adequate plans for their future retirement because retirement seems so far away, and the wants and needs of the “now” seem so much more urgent. Your older friends and family can tell you the future rolls around so much sooner than you expect, and small amounts put aside now can make an enormous impact in years to come.

Motorcycle Safety Month Is In May—Learn What the Experts Have to Say

Motorcycle safety month is in May—learn what the experts have to say and for the motorcycle riders in Long Beach the California Highway Patrol has weighed in, the National Safety Council and the National Highway Traffic Safety Association.

The one thing that all of them agree on is that riding a motorcycle can be dangerous due to drivers of automobiles on the roads that might not be as alert as they should when driving on the roads with bikes. Motorcycles represent three percent of the registered vehicles, but they also represent almost fifteen percent of traffic fatalities. These numbers combined with the Hurt Report that was a large scale motorcycle crash study that showed three quarters of the motorcycle crashes that result in injuries or deaths. The crashes were caused by drivers that were negligent in yielding to the right-of-way to the motorcyclist and other traffic errors.

The motorcyclist in Long Beach California is also in this danger, because during 2009 in the state there were 11,488 motorcycle riders injured an 396 killed, of this number 383 were the operator of the motorcycle. This number while it seems high for the total amount of motorcycle riders in California that were killed, 2008 was even worse for motorcycle riders, with 553 people killed on motorcycles and 529 of them were the operator of the bike. These numbers might be shocking to some motorcyclists that do not realize the dangers they face on the road.
The numbers from California were provided by the California Highway Patrol and the Integrated Traffic Records System.

Motorcycle safety month is in May—learn what the experts have to say and it can help the motorcycle rider know they have to ride more defensively and drivers of automobiles should take the total of these injuries and deaths that have occurred in past years and realize they need to be more alert on the roadways.

The more people that realize the dangers the motorcycle rider faces due to drivers not paying attention in traffic and at intersections are causing motorcycle riders severe injuries and hundreds of deaths in the state of California, including Long Beach. When drivers and motorcycle riders are aware of the dangers and the causes it can lower the amount of accidents on the whole. The rider that is injured or the family of a rider that has been killed should have the legal benefits that the motorcycle rider can provide against negligent drivers.

Traffic accident reported sixty-five years ago in The Santa Cruz Sentinel still haunts

Good to be back to Fullerton from Mountain View…Santa Cruz traffic is terrible. That little town just buzzes with hyperactivity. It’s easy to get nostalgic for the days when it, and the whole area, was just a sleepy little hamlet. But the reality is that every time has struggle and tragedy. Mountain View can be quite busy as well. By the way Auto Care Specialists is a top service overall over at milpitasautoservice.com
The Santacruzmah.org blog, under Forum Home; Law & Order; COLLISION COURSE: THE DELUCCA ACCIDENT – INTERSECTION OF SWA carried a poignant story by blogger Ivano Comelli, posted Sun Jan 18, 2009, out of Morgan Hill, Ca. Comelli writes that he and his wife saw the movie, “The Curious Case of Benjamin Button,” and how a series of events lead to an accident. That reminded him of an article that he wrote on another blog about an auto accident reported in the Santa Cruz Sentinel in 1947. I am not sure the auto repair costs on that one though. All in all, Milpitas service overall.
The August 3, 1947, edition of the Santa Cruz Sentinel describes a violent the collision, Comelli writes. The front end of the DeLuccafamily car was “’smashed back into the front seat, completely demolishing the sedan; the fire truck was a total wreck, with its strong, reinforced steel frame bent and the cab knocked right off the frame, smashing wheels and axle.’ Comelli says the year-end edition of the Santa Cruz Sentinel, dated 10/31/47, re-published a photo of the accident. The text with the photo said that it “’was probably the worst traffic accident in the history of Santa Cruz County.’” Comelli says the only identifying item clearly distinguishable was the California licenses plate, number 35 H 170.
A series of events that night led to the DeLucca car passing through an intersection at the very moment when a fire truck was racing to fight a wildfire. There were eight passengers in the car, including children, in the Black, 1941 Buick, recently purchased by the DeLuccas, who had stopped to pick up friends, thus delaying their trip and placing them at the intersection at just the time when the fire truck was also racing through.