Articles Tagged With ‘Real Estate’




Rottman Group’s Annex property on the auction block

Atascadero’s plan to have a retail center, dubbed the Annex, across the street from an approved Wal-Mart appears to have ended, at least for now. On April 24, as part of a bank foreclosure, five Rottman Group properties which are... (Continue reading)

Nipomo construction manager’s truck firebombed

The construction manager of a housing project in Nipomo awoke early Wednesday morning to find his truck engulfed in flames, the result of a firebombing. [KSBY] Caught on video, San Luis Obispo County Sheriff deputies are looking for an arsonist... (Continue reading)

California a leader in mortgage fraud

California continues to lead the nation in questionable home loans, with Santa Clara, Orange and San Bernardino counties among the areas with the highest number of suspected mortgage fraud cases, federal financial officials reported this week. [CaliforniaWatch] San Luis Obispo... (Continue reading)

Gearhart appraiser loses license over land fraud

An Atascadero-based appraiser whose inflated appraisals helped North County Developer Kelly Gearhart defraud investors out of more than $100 million has lost his license. The California Attorney General’s office ordered Terry Pippin to surrender his license in December. Pippin made false... (Continue reading)

Countrywide Financial’s $335 million racial discrimination settlement

Countrywide Financial agreed to pay a $335 million settlement for allegedly engaging in a widespread practice of discrimination against qualified Hispanic and African-American  borrowers from 2004 through 2008. The Department of Justice Wednesday filed its largest residential fair lending settlement... (Continue reading)

Dual state probe into foreclosures

A joint investigation into mortgage abuses by the nation’s largest banks will team the attorneys general of California and Nevada, two states hit hardest by foreclosures. [SacrementoBee] The collaborative effort of California Attorney General Kamala Harris and Nevada Attorney General... (Continue reading)

Guth’s Pasolivo olive ranch sale squashed

A secretive process to sell Karen Guth’s Pasolivo Olive Ranch in Paso Robles has been stopped and the purchase of the ranch is now open to the public. Currently, the 131 acre ranch including three stand alone homes, a studio apartment... (Continue reading)

Supervisor Gibson’s failures to disclose

By KAREN VELIE Bruce Gibson, a San Luis Obispo county supervisor who boasted on his campaign website that he advocates transparency, is under fire for failing to disclose some of his assets as required by law. State law requires that... (Continue reading)

‘Boomerang’ youth returning home

Parents: Don’t see enough of your adult children? Be patient; a national trend suggests they soon may be asking to move back home. [SanFranciscoChronicle] During a three-year period ending in 2010, the numbers of American adult children living with their... (Continue reading)

DA’s office in secret deal to sell Pasolivo

The San Luis Obispo County District Attorney’s office is close to finalizing a deal to sell the Pasolivo Ranch property, which is to be used to reimburse victims of the Estate Financial investment fraud. But Deputy District Attorney Steve von Dohlen... (Continue reading)