Wednesday, February 22, 2012
BoNhia Lee on the New Home Market in Fresno
http://www.fresnobee.com/2012/02/21/2731427/valley-builders-optimistic-in.html
Thursday, February 16, 2012
Reminder: No Classes on Monday
RESIG Scholarship Spring 2012
♦ Minimum 3.0 cumulative GPA over the last two semesters or more;
♦ Full-time student with at least 12 units;
♦ Enrolled and/or completed at least 2 real estate courses during the 2011-12 AY;
♦ Internship will satisfy 1 of 2 course requirements if real estate oriented;
♦ Minimum junior standing; and, everything else considered,
♦ Awards will be prioritized on the basis of economic need.
If you are interested in obtaining a RESIG award for the Spring, 2012 semester, simply go to https://www.relui.csus.edu/RESIG/login.asp and complete the on-line application form. Diligence is essential; only complete and accurate applications will be considered! The deadline for submitting a RESIG application is Friday, March 30, 2012, but students are encouraged to apply sooner rather than later. Awards will be based on the merits, needs and number of qualified students applying. RESIG recipients will be notified of their selection upon verification of eligibility requirements by the CSU Real Estate & Land Use Institute. For more information on RESIG awards, please contact John P. Mahoney at (559) 278-4990 or jmahoney@csufresno.edu. Thank you.
Thank you, Manco Abbott and Christopher Lee
Monday, February 13, 2012
Scholarship Opportunity - CEO of Tomorrow
| CEO of Tomorrow Scholarship | |
| Who Can Apply: | Undergraduates, MBA Students |
| Application Deadline: | July 1, 2012 |
| Minimum GPA Required: | 3.2 |
| Amount of Award: | $2,500 |
| Description: | As a source for CEO news and inspiration for chief executives, CEO.com is interested in the success of not only the business leaders of today, but also the CEOs of tomorrow. For this reason, we are awarding a $2,500 scholarship to students interested in business leadership and/or entrepreneurship. The following submissions are required to be considered for the scholarship: (1) A short online survey and (2) a 500-1000 word essay on “the CEO of tomorrow”. Possible topics could include (but are not limited to) company structure, company culture or utilization of technology. To apply, complete the survey and essay on their website found at http://www.ceo.com/ceo-of-tomorrow-scholarship/. |
| Enrollment Requirement: | The CEO of Tomorrow Scholarship essay contest is open only to those legal residents of the fifty (50) United States and the District of Columbia who are eighteen (18) years of age or older at the time of submission and who are currently enrolled in an accredited college or university or who will be enrolled by November 1, 2013. Current employees, officers, directors and agents of Sponsor and its related companies and members of their immediate families (defined as spouse, parents, siblings and children) and persons residing at the same address are not eligible to be awarded this scholarship. Void where prohibited. |
| Area of Study: | General, Business or MBA |
Scholarship Opportunity - Lendio
| Who Can Apply: | Undergraduate, MBA students |
| Application Deadline: | July 1, 2012 |
| Minimum GPA Required: | 3.2 |
| Amount of Award: | $2,500 |
| Description: | Brock Blake, The CEO of Lendio, once won a similar scholarship in an entrepreneur contest during college. He used the money to start his own career as an entrepreneur, and now wants to give back and help other aspiring business owners get a similar head start. To apply, submit a 500 – 1,000 word essay along with your contact information to scholarship(at)lendio.com. Click here for Official Rules and Terms. |
Tuesday, February 7, 2012
CAN you help?
Commercial Sites:
Villagio Shopping Center, Blackstone/Nees - Fresno
Former Warner Building, Palm/Herndon - Fresno
Manco Abbott Office, Bullard/Fresno - Fresno
Mary's Vineyard, Ben Maddox/Noble - Visalia
Apartment Host Sites:
Cotswold, Champlain/Perrin - Fresno
Le Provence, Champlain/Shepherd - Fresno
Park Ridge, Audobon/Fwy 41 - Fresno
North Creek, Cedar/Shepherd - Fresno
Birch Commons & Birch Court, Maple/Alluvial - Fresno
Lakeside, Shaw/Brawley - Fresno
Palo Alto Place, Herndon/Polk - Fresno
West Point & Stonegate I & II, Ashlan/Fwy 99 - Fresno
Sierra Ridge, Fowler/Tollhouse - Clovis
Marbella, Herndon/Temperance - Clovis
Four Creeks, Douglas/Lovers Lane - Visalia
Cameron Crossing, Caldwell/S. Court - Visalia
Parks Grove , Lovers Lane/Caldwell - Visalia
Monday, February 6, 2012
Guest Speaker Event
Investors/ Exchange
Fin 183
On Friday, February 3rd I went to the Investors exchange meeting at the Fresno Association of Realtors building. It was my second time going and I saw many familiar faces. Everyone was very kind and some even remembered me from the prior meeting I attended. The meeting started by Tom Hyatt introducing two gentlemen at the opposite end of the table who were going to give a presentation and answer questions from the following week. One of guys was an associate at the law firm Cuttone & Associates, and his partner was a law clerk and student on his way to becoming a lawyer. Both were very nice and very educational on the topics discussed during the meeting.
The first topic was a question from the previous week. It was regarding a situation in which an agent is representing a seller, and as the sale is in escrow the agent discovers the seller has filed bankruptcy. The questions were, what happens to the sellers agents commission? Is the agent legally entitled to the commission or is the commission wiped out along with the bankruptcy? The question was important and many of the attendees claimed they had had similar situations happen to them recently. The lawyer and his clerk were very knowledgeable and informative. They broke the question down to the different types of bankruptcy individuals go through. First is chapter 7, second is chapter 13, and lastly is chapter 20. Most of the time was focused on chapter 7 and 13. The lawyer stated in a nutshell that in most cases if the individual files chapter 7 bankruptcy they will not recover any commission because the individual has wiped out all their debt and commission debt falls under debt that can be wiped with under chapter 7. However, if chapter 13 is filed there is a chance that they may recover some, if not all their commission through a reorganization of their debt. The topic of got in more depth and was very informative regarding commission in general not just in residential real estate transactions.
` The second topic was about tenant rights when their house is bought, primarily focusing on houses bought at auction or through REO. The consensus was the tenants have rights and cant just be kicked out the day the transaction closes. Especially if the house was bought at the foreclosure auctions, the new owner usually has plans of flipping the house or other investment ideas for it. The owner can either respect the lease terms or give them 90 days to vacate. However, if the person living in the house is the previous owner and still has not vacated after the whole foreclosure process, that calls for different circumstances the lawyer stated. In that case, they can pretty much do two things, negotiate a time for them to get out and settle it that way, or if the holdover owners persist, they can serve them with an eviction, which causes a lot of stress and can be very bad for the previous owner. It can affect their credit rating dramatically. Either way, in any circumstances it is best handle the situation reasonably and rationally.
I would like to thank Tom Hyatt for allowing and welcoming me to attend this meeting, and everyone else in attendance.