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Well, I look at this new twist on keeping people in their homes and the non realtor/regular person thinks maybe it could be a humane way of dealing with the nastiness that we've experienced here in California.
However, the realtor/business person in me wonders what will really change in 90 days? Will the borrower be in a better financial position to be able to afford a home that shouldn't have been purchased in the first place? Will the lenders really try to "cut their income" and work with the borrowers on loan modification?
What do you think? Good idea or bad idea?
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Usually i'm a fan of cold weather -- but for some reason it really got to me this year. This week we'll have balmy weather for this time of year -- upper 50's to low 60's. Much of the ice and snow has melted in places where we least like it -- the roads and walkways. So, it's a nice day for a walk. It's also a great day to look at property in Modoc County.
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Well, I happen to like cold weather, but this year I am Freezing ! BRRRRRRRR.
I couldn't believe it when I looked outside yesterday morning and saw that it read 13 below zero. We're in California -- how can it be 13 below zero?
We had some snow fall -- about 6 inches or so and because of the freezing temperatures it isn't melting off.
Looks like we're going to have another difficult winter in Modoc County this year.
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Anyone who calls me about inexpensive property in our county usually needs a geography lesson before going into details.
I find it interesting that people see California as a location and then get really excited about being able to buy 1-2 acres of land for under $10,000.
Bottom line, we are in a very remote area of California. Prices, although they have gone up in the triple digits percentage wise, have not gone up much in actual dollar value compared to other areas of California.
So, why buy in Modoc County.
1. You are tired of the overpopulated rat race and want a quite lifestyle. Be sure you have a trade/profession that can support you if you need to work. If you're retired, well, you should find it easy to relocate here once you find the right property.
2. You want a vacation home.
3. You want to own land but can't afford to buy it in other markets.
4. Just because.
As with any investment, do your research beforehand. If you'd like to know more about buying or selling property in Modoc County, please give me a call.
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Driving into my office this morning I thought that maybe I was dreaming.
It couldn't possibly be true. But there it was. In great BIG signage.
The price of gas in Modoc County has dropped to $2.84 a gallon for regular. YIPPEE !
I can finally fill up my Trailblazer for less than $40 !
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