All posts by jd

Real estate broker, civil engineer and general contractor.

Priest Arrested In $2.4 Million Real Estate Scheme

According to the Chicago Tribune “A Michigan man who defrauded real estate developers and churches of more than $2.7 million while presenting himself as a priest associated with the University of Notre Dame has been sentenced to 11 years in prison.

Byron “Father Barney” Canada, 62, of Berrien Springs, Mich., was sentenced Thursday in federal court in South Bend, the South Bend Tribune reported. Canada pleaded guilty in March to 24 counts including wire fraud, money laundering and criminal conspiracy.

Canada ran two lending corporations based in South Bend and through them bilked borrowers between 2004 and 2009, according to court documents.

Canada collected upfront fees from borrowers including real estate developers, commercial developers and other businesses as well as churches seeking to pay for building projects, court documents said.

He kept the fees, which ranged from $5,000 to $250,000, as advance payments for loans that his companies were incapable of financing, court documents said.”

Amazing how someone representing themselves as a part of a church can swindle money.  I had a client several years ago who told me he was going to come into a large sum of money soon. I was building his home at the time and he kept telling me that he would soon have me building commercial buildings for him because he was soon going to come into a huge amount of money.  Later, he asked me if I was interested in making a lot of money?  I asked him how. He said all I had to do was give the “church member” $7,500 and get two other people to each invest $7,500 also.

I said wait a minute, this a Ponzi scheme.  He did not believe me until I did an Excel chart for him, showing him that if everyone invested in his “church member’s” scheme, we would soon run out of people on earth to keep this “investment” going. After I showed him what was happening, I never heard about how much money he was going to make again! I’d always wondered how much money he lost.

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When a Pet Dies, How to Help Your Kids (And Yourself) Heal

by Lisa J. Lehr

Nevada County is a very pet-friendly place. Most of us here have one or more pets. And pets, over the generations, have enjoyed a status upgrade from outdoor animal to family member, albeit one who lies under the table at mealtime rather than sitting in a chair like the other family members. Many people—including me—believe that a family without pets is incomplete, and a childhood without the experience of raising pets is a disadvantaged childhood.

That experience, though, almost invariably includes the death of a pet. It’s a fact that most people outlive most types of pets; almost all children who have a pet will, at some point, lose one. As difficult as it is for the kids—not to mention for the parents who must explain death—it’s an important life experience.

Sadly, some parents try to spare their kids the pain of losing a pet with some type of coverup—by offering another explanation for the pet’s disappearance, or by concealing the death entirely. The first scenario, mostly used with dogs and cats, usually involves saying it “ran away.” The “ran away” story is offered either when the pet is known to be dead, and the parents have discreetly disposed of the body; or when a pet has disappeared, its fate unknown. Bad things sometimes happen when pets go outdoors, and sometimes old or ill pets will go away to die alone.

The second coverup method is most often used with small pets—fish, turtles, reptiles, perhaps rodents. In these cases, the parent removes the deceased pet while the kids are at school or asleep, replacing it with a similar one and hoping the kids won’t notice.

While beliefs about the afterlife and where pets “go” when they die may differ, and parents are entitled to some leeway when it comes to this subject, saying that the pet “ran away” does more harm than good. Death, as difficult as it is, is final. It offers closure. It’s part of the denial, anger, acceptance cycle that the experts agree we go through in loss. “The pet ran away” leaves kids vulnerable to false hopes and endless, unresolved speculation about what might have happened to the pet.

Why doesn’t he come home? Doesn’t she love us anymore? Is he hurt? Cold? Hungry? Is someone holding her prisoner? Did he find someone else he likes better? Why? Is my doggy or kitty ever coming home? Shouldn’t we be trying to find him? Why aren’t Mom and Dad as anxious to find her as I am?

Eventually, the child will be old enough to figure it out. Or enough years will have gone by that the pet couldn’t possibly be still alive, and the child gives up hope. But there’s no real closure. And that spoils the memory of the relationship they had.

That’s cruel.

If you know what has happened to the pet, and it’s something upsetting—e.g., it was hit by a car or attacked by another animal, and you have found the remains—the truth can be somewhat softened for younger kids. You don’t have to tell the whole truth. If your pet has simply disappeared, however, make every effort to find it! It’s amazing how often a lost pet will turn up just a few doors down, simply because the owner never bothered to put up “lost pet” signs. And if your pet has been taken in by some kind person, her or she will happily stay in the new home and forget about you. Your child, however, doesn’t forget.

Swapping dead pets for new ones is an insult to the child’s intelligence. Parents may get away with it for a while, but doing so simply postpones the inevitable and difficult “death” question. If a child experiences the death of a pet before that of an important person (a grandparent, for example), he or she is better prepared for this bigger loss. Interfering with this natural life lesson will only make the harder lessons…harder.

Here are some ideas for helping kids cope with the death of a pet:

  • Hold a funeral. If it’s a small pet, bury it in your yard. If it’s a large pet (or if it’s deep winter and the ground is frozen), you may need to have him or her “cared for” by your veterinarian. If the pet has gone missing and there is no body, have a service anyway. Place a memorial marker in your yard. Let each child say something about the pet. Pray if it’s appropriate to your belief system.
  • Make a memory book. Include pictures of the pet, her tags and other mementos. Let the children contribute drawings, poems, or stories about the pet’s life.
  • Display pictures of the pet around the house to assure the kids that the pet hasn’t been forgotten.
  • Encourage children to talk about the deceased pet. Never suggest that they “get over it” or forget about it.
  • Wait a while before getting a new pet. The child may not be ready to transfer his or her affections, and may even resent the new pet for not “being” the old pet.
  • Strenuously resist any temptation to “fool” the kids by rushing out and getting a new lookalike turtle, fish, mouse, etc.

So when your family experiences the loss of a pet, take the opportunity to teach your children or grandchildren how to deal with death. Deep-six the “ran away” story. Fido or Fluffy or Buddy or Tinkerbell died. Went to doggy or kitty Heaven, crossed the Rainbow Bridge, returned to Mother Earth—whatever fits with your beliefs. But never say it ran away, unless you know for certain that it did. And never pull the pet-switch trick.

Lisa J. Lehr is a writer and copywriter as well as animal lover living in Grass Valley. She can help you promote your business with a full range of online and offline marketing pieces. A member of Empire Toastmasters, she’s available to speak to your business or professional group. Visit her website www.justrightcopy.com for more information, opt in for a message series, and receive a free Marketing Guide.


Lisa J. Lehr
I write words that make you money–just ask me how.
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Bernard Madoff’s Estate Sues Three Major Banks

Bermard L Madoff after his arrest

The court-appointed trustee for Bernard L. Madoff’s estate has sued three major global financial institutions for a combined $17.4 billion, alleging that the banks aided Madoff in his Ponzi scheme.

Madoff, former investment advisor and chairman of the Nasdaq Stock Exchange, in March 2009 pleaded guilty to a massive fraud involving his investment management business, bilking investors out of more than $50 billion dollars.

He is currently in prison serving a sentence of 150 years, after his Ponzi scheme involving Bernard L. Madoff Investment Securities LLC was publicized in December 2008.

The three banks been sued are HSBC, JPMorgan, and UBS. They are accused of aiding and abetting Madoff’s Ponzi scheme.

But analysts say that proving knowledge of fraud is difficult—there’s a difference of condoning fraudulent acts and actively finding it. Even the Securities and Exchange Commission failed to act on reining in Madoff, despite alerts of fraud from multiple sources.

Source: The Epoch Times

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Nevada County Country Christmas Faire Results

Gingerbread House Competition Results and Canned Food Drive Results

A successful canned food drive, more than 125 vendors, and sixty seven gingerbread houses built made the 26th Annual Country Christmas Faire at the Nevada County Fairgrounds a success.

The 8th Annual Gingerbread House Competition was once again a crowd favorite, with more than 67 entries received. Of those entries, the Best of Show winner was Kathryn Hammond of Penn Valley, and the People’s Choice Award also went to Kathryn Hammond.  The Best of Show is chosen by the judges, and the People’s Choice is selected through ballots cast by individuals who attend the Craft Faire.

First place winners in the individual categories include Jillian Beaver (child 5 & under); Ellie Andrews (child – ages 6-8); Ellie Robinson (child – ages 9-12); Evelyn Grandfield (kits – ages 8 & under); Toria Kinney (teen – ages 13-17); Kathryn Hammond (adult – 18 -64); Mary Abbott (adult – 65 & over); Ian Woodgrift (Special Needs); Hennessy Tiger Cubs After School Program (group – children 12 & under); Nick & Christina Walden (group – teen 13-17); Nora Devlin (group – family); The Perilman Family and Crew (group – adult 18 & over); and Bonnie Anderson (professional/business).

With the help of HOPE (Help Other People Eat) in Nevada County, Sunday’s canned food drive collected 1,000 cans of food, as well as cash donations. These donations will be used at the organization’s December food distribution. HOPE in Nevada County is a program established through the Grass Valley Elks, who partner with the Food Bank of Nevada County to feed those in need. HOPE distributes food once a month to anyone in the county in need of food and emergency food every Monday.

The 2011 Country Christmas Faire is planned for Thanksgiving weekend, November 25 – 27, 2011.  For information, visit www.NevadaCountyFair.com or call 273-6217.

By: Wendy Oaks
Publicist, Nevada County Fairgrounds
(530) 273-6217
wsoaks@gmail.com

Mortgage Fraud Continues

Patty and Jody Farmer were hooked when a Rancho Cordova-based company offered to help refinance their adjustable-rate mortgage, which was about to become unaffordable.

But after paying the company nearly $8,000 — and following its advice to stop making mortgage payments — the Farmers didn’t get a new mortgage. Instead, their lender foreclosed on their Fresno home of 11 years, and they were forced to move out.

Now the state is suing the company that authorities say scammed the Farmers.

“I do know that there are people out there that do take advantage of homeowners, but you never think it’s going to happen to you,” said Patty Farmer. “It was terrible. It just made me feel like it was hard to trust anybody again.”

The Farmers are among thousands of California residents who have fallen victim to the mortgage scams that have proliferated during the economic downturn. Some are committed by real companies, and some are the work of criminals.

Warning signs

You may be dealing with a mortgage scam if:

— You’re advised not to contact your lender.
— There’s a fee up front.
— You’re advised to stop paying your mortgage.
— The company guarantees to stop a foreclosure or get a loan modified.
Sources: Aspera Housing Inc., ClearPoint Credit Counseling Solutions, Loan Modification Scam Prevention Network

Mortgage fraud has exploded over the last 10 years amid the housing boom and bust. When the real estate market was rising, unscrupulous loan agents often would falsify mortgage applications so borrowers could qualify — and they could reap big commissions.

When the bubble burst and home values plummeted, the fraud continued, with perpetrators simply changing their tactics to prey on those who needed help keeping their homes.

Soaring fraud reports suggest the bad economy is even more profitable for criminals.

“Mortgage fraud keeps reinventing itself,” said Randall Guerra, director of housing and counseling services at Aspera Housing Inc., a housing counseling agency in Fresno. “The profiteers are jumping on everything.”

Read more: Fresno Bee

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(530) 263-1091
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Empire Mine State Park, Grass Valley

httpv://www.youtube.com/watch?v=J_TjI2qLwBI

The Empire Mine is the site of the oldest, largest, and richest gold mine in California. From 1850 to its closing in 1956, it produced 5.8 million ounces of gold.This 5.8 million ounces of gold would fill a box 7 feet on each side. It is estimated that this represented only 20% of the available gold…80% remains. The Park contains many of the original mine buildings, the owners cottage and the restored gardens and grounds as well as the entrance to 367 miles (the equivalent of a round trip from Grass Valley to San Jose) of abandoned and flooded shafts and tunnels. The park consists of 845 acres of forested back country and 12 miles of trails for hikers, bikers and horseback riders.


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Wells Fargo Sued Because of Mortgage Practices

New York law firm Harwood Feffer filed a class action lawsuit against a Wells Fargo servicer America’s Servicing Company alleging it induced distressed borrowers to default on their mortgage in order to get a modification, meanwhile accruing late fees and penalties.

According to the suit, ASC allegedly told the borrowers now represented by Harwood Feffer that they would not be able to modify the mortgage as long as they were current. The firm said by making a loan default a pre-requisite for modification — even if the borrower qualified because of financial hardship — credit scores were harmed and fees, penalties and additional interest were charged.

The firm is suing ASC for compensation on those fees, totaling more than $5 million for the 12 plaintiff households. The suit was filed in U.S. District Court for the Northern District of California.

According to the Treasury Department‘s Home Affordable Modification Program guidelines, a participating servicer can offer a modification to a borrower facing imminent default. Wells Fargo participates in the voluntary program, but ASC does not.

Mortgage servicers have come under fire from Congress, regulators, state attorneys general and the public for mishandling foreclosure affidavits. Class action attorneys have used the issue to raise questions over the entire mortgage documentation process, from foreclosures and secularization to now modifications.

Wells Fargo and ASC did not immediately reply to requests for comment.

For all your real estate needs:

John J. O’Dell
Real Estate Broker
Call today (530) 263-1091

DRE# 00669941

Nevada County Fair – Win $250 In Artwork Design Contest

2010 Nevada County Fair Theme
2010 Nevada County Fair Theme

The Nevada County Fairgrounds is sponsoring a contest to find the best artwork to illustrate the 2011 Nevada County Fair theme – “Gold! Rush to the Fair.”  If you’re a talented artist, and you’d like $250, then this is the contest to enter!

The contest, which is open to Nevada County residents only, takes place now through Friday, January 14.  If you submit the winning artwork, you will win $250 and a 2011 Nevada County Fair package that includes admission tickets, parking and carnival coupons. Additionally, the winning artwork will be used on various Fair promotional pieces, print ads, buttons, t-shirts, banners, posters, and fliers.

Interested artists may use any medium and can submit up to three entries, which must be on 8-1/2 by 11-inch paper. Entries can be delivered to the Fairgrounds Office at 11228 McCourtney Road or mailed to the Fair Office at PO Box 2687, Grass Valley, CA  95945. A complete set of rules can be found on the Fair’s website at www.NevadaCountyFair.com, or by calling the Fair Office at (530) 273-6217.

Lucy Galbraith of Nevada City submitted the winning slogan, “Gold! Rush to the Fair,” for the five day Fair, August 10 – 14, 2011

Wendy Oaks
Publicist, Nevada County Fairgrounds
(530) 273-6217
wsoaks@gmail.com

Can’t Afford a Big Home, How About a Tiny House?

As Americans downsize in the aftermath of a colossal real estate bust, at least one tiny corner of the housing market appears to be thriving. To save money or simplify their lives, a small but growing number of Americans are buying or building homes that could fit inside many people’s living rooms, according to entrepreneurs in the small house industry.

Some put these wheeled homes in their backyards to use as offices, studios or extra bedrooms. Others use them as mobile vacation homes they can park in the woods. But the most intrepid of the tiny house owners live in them full-time, paring down their possessions and often living off the grid.

“It’s very un-American in the sense that living small means consuming less,” said Jay Shafer, 46, co-founder of the Small House Society, sitting on the porch of his wooden cabin in California wine country. “Living in a small like this really entails knowing what you need to be happy and getting rid of everything else.”

Read more: at the Sacramento Bee

For all your real estate and construction needs
John J. O’Dell
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General Contractor
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The History of the Holbrooke Hotel, Grass Valley – Part 1

The Holbrooke Hotel Eary Years
The Holbrooke Hotel Early Years

Imagine a time when horse draw carriages and covered wagons carried hopeful pioneers to the gold country and dreams of striking gold became a reality for many.  The vision of that Victorian Era was for a life of rustic elegance and ease surrounded by majestic pine trees, raging rivers, wide open spaces and picturesque ponds.

The path to such a life wasn’t always paved with the gold they dreamed of, but rather with the vision and leadership of many hard working pioneers.  Stephen and Clara Smith were among the first to invest in this boom town known today as Grass Valley.  They built the Adams Express Office and the Golden Gate Saloon which sadly, were destroyed by fire in 1855 along with most of Grass Valley.  The Smiths rebuilt the popular saloon as a one story field stone building with a brick facade, making it safer from the threat of another fire.  The Golden Gate Saloon is oldest, continuously operated saloon west of the Mississippi River.  In 1862 a relative, Charles Smith, built the current structure and named it the Exchange Hotel.

It was noted for it’s convenience to the local Gold Exchange.  When the Gold Exchange closed, 18 ounces of pure gold were found in the carpeting.  Like other local buildings that were constructed, the hotel was fortified against fire damage with heavy iron doors and the roof was covered with a 12 inch layer of dirt and brick.

In 1879 the hotel was purchase by Ellen and Daniel Holbrooke and was given its current name.  Daniel Holbrooke passed away 1884, but Ellen Holbrooke continued to manage and operate the hotel until 1908.

More to follow……………..

Location:


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For all your real estate needs:
John J. O’Dell
Real Estate Broker
Call 530-263-1091
DRE # 00669941