They may be a great way for non-profits to raise money, but do these raffles actually work? It didn’t in Napa Valley’s Dream Home Raffle. They didn’t sell enough tickets and the Grand Prize winner, who was suppose to get a new Mercedes in lieu of the home had to settle for $1,000 and 50 […]
Using auctions to justify the price of a short sale, what do you think about doing so?
The fact that the California Association of Realtors (C.A.R.) was questioning whether using auctions as a legitimate model to sale real estate properties made for very interesting reading in the most recent newsletter I get called C. A. R. Newsline. Auctions almost always have the allure that you are getting a deal but in my experience, this is not true. […]
Can you get a good deal buying a Napa Valley property at an auction?
If you have ever gone to a well advertised real estate auction, you will understand that these are rarely the place to get a good deal, and never a great deal. I have written about Napa Valley real estate auctions in the past and you might find these posts interesting to read. Robert Mondavi […]
Robert Mondavi former Napa Valley Home, Wappo Hill, sold at auction
On October 16 th, I wrote a post Auctions, and do they really work in which I said I would get back to on whether the Robert Mondavi former residence know as Wappo Hill did sell. Well a couple of days ago Pacific Union, the listing company, reported it did but the price was not disclosed. […]
Auctions, do they really work and 3 Napa Valley examples including the Robert Mondavi’s residence
As I read yesterday Napa Register, an article by Jennifer Huffman , Mondavi estate up for auction: Minimum bid is $13.9 million, immediately caught my. The property known as Wapoo Hill was first listed for sale June 1, 2010 for $25,000,000 and this property has remained unsold for 477 days as of today. Even with a $5,100,000 […]
Napa Valley Commerical Landmarks Go to Foreclosure, Auction
Two well known Napa Valley Commercial Landmarks will be sold at Napa County courthouse steps. The former Pometta’s Deli at the intersection og Highway 29 and Oakville Grade plus the former Red Hen on Highway 29 half way between Napa and Yountville will be sold at auction on October 6 th and this Wednesday respectively. Here is […]
One West Bank’s Sweet Heart Deal in Their Purchase of Indymac Bank
While reading posts on the approximately 20 blogs I subscribe to, I came across a post By Jeff Brown on Bloodhoundblog.com that made my blood boil and I am certain yours will do so also after viewing this. The video is the work of ThinkBigWorkSmall who I will subscribe to when I am done with this post. […]
