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Paradise, CA Real Estate News

By Lynn Franklin
(Coldwell Banker Ponderosa)
It's a question I'm asked every time I give someone from another area my address. My answer is always the same, "yes, it really is living in Paradise". There is a large sign as you enter Paradise that reads, "May you find Paradise to be all its name implies". Paradise has long been known as the Retirement Capitol of Northern California. Almost everyone in Sacramento and the San Francisco Bay Area and even Southern California knows someone who retired to Paradise. The town is located approximately halfway between Sacramento and the Oregon border, in the foothills of the Sierra Nevada Mountains. The elevation of Paradise and its neighboring community of Magalia are approximately 1600 ft to 3,000 feet. The majority of the population is retired, which makes for a great community, geared for...
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By Tammy Vertrees, Real Estate Consultant
Feather River Hospital receives state recycling award  CalRecycle, the states recycling & waste reduction agency has recognized Feather River Hospital for their recycling efforts for the second time with the Waste Reduction Awards Program (WRAP). Under Director of Environmental Services Robert Crawford, the facilities have increased their recycling program diverting on average 40,000 pounds per month from the landfill. The environmental sustainable culture the hospital has fostered required changes in daily routine and education. NRWS & the Town of Paradise thanks Robert and the entire hospital staff for this achievement. NRWS staff assisted FRH in a tailored program that worked in the heavily regulated hospital environment. NRWS is here to help you and will at no charge help make a sit...
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By Tammy Vertrees, Real Estate Consultant
Real Estate for Today’s Magalia and Paradise California Home Sellers and Home Buyers Are You Making The $64,000 Mistake? We have all heard of the $64,000 question, but what about the $64,000 mistake! Are you making the $64,000 mistake? You certainly are if you have been paying a monthly rent of $1000 for 64 months running! Just imagine how much better off you would have been by making home payments instead of rent payments. What about increased home equity? Homes do increase in value over the long-term. If you purchased a $100,000 home and it went up just 3% per year, in 64 months that $100,000 home would be worth $116,000. When you compare renting, where you lost $64,000, to owning a home, where you saw an increase of at least $16,000, there simply is no comparison. Paying rent just do...
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By Tammy Vertrees, Real Estate Consultant
Real Estate for Today’s Magalia and Paradise California Home Sellers and Home Buyers Paradise Chocolate Fest Goes to Zero Waste! Volunteers Needed This year NRWS has teamed up with the Chocolate Fest to make this years Festival a Zero Waste Event. The goal is to compost and recycle over 93% of the waste. Vendors have been instructed to only use recyclable or compostable material. There will be 5 “Zero Waste Stations” on site with information booths and students from Evergreen 6 to help our community learn more about the importance of recycling. Volunteers are needed to help make this event a success. If you would like to participate please contact Jennifer at 876-3345. Together we can make a difference. _______________________________________________________________________ For more inf...
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By Tammy Vertrees, Real Estate Consultant
Gold Nugget Museum presents Paradise California - Gold Nugget Dogtown Revue 2010 Friday, April 23 / 7:00 PM Saturday, April 24 / 7:00 PM   It all began in April of 1859 when Willard Mining Company was operating on a claim just below Sawmill Peak. Chauncey Wright, a miner with the company, had washed out a nugget larger than any he had ever seen . It was the largest pure solid gold ever found in California. The people of Dogtown celebrated for three days and nights. Now the Gold Nugget Museum continues to celebrate this event with many activities including a parade, a children’s costume contest, a bean feed, pancake breakfast, a spaghetti dinner, a donkey derby, plus many activities at the museum. The Law Dawgs and Pistolers will be performing along with Tent City on the museum grounds. ...
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By Tammy Vertrees, Real Estate Consultant
2010 Event Schedule May 1 ~ Chocolate Thunder Motorcycle Poker Run May 6 ~ Queen's Coronation Celebration May 7 ~ Chocolate & Wine Tasting Evening May 8 ~ Chocolate Fest May 1st – May 8th 2010 Chocolate Fest Organizers Prepare to Indulge in Celebrating Another Year of Sweet Success! Experience a chocolate paradise on the Paradise/Magalia ridge nestled among tall green pines in the foothills of the Sierra Nevada Mountains and overlooking the Sacramento Valley. It’s in this community that strikes the perfect balance between its Gold Country historical past and all the comforts of today’s living that a small group of individuals with big hearts and a love of chocolate are coming together once again to plan the fifth annual international award-winning Paradise Chocolate Fest benefiting non-...
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By Tammy Vertrees, Real Estate Consultant
Real Estate for Today’s Magalia and Paradise California Home Sellers and Home Buyers Finding Your Ideal Magalia or Paradise Home As the old saying goes, real estate is all about location, location, location. But, there is a lot more to it than just plain geography when it comes to finding your perfect home. There are a lot of things to consider during the search because, for most, a home is the most significant purchase they will ever make. Choose A Good Magalia or Paradise Area When searching for your perfect home, the obvious place to start is with the selection of a location. If you have children, you may want to choose a home that is close to good schools and is also located in a family-oriented neighborhood. Many people also look for a home that offers a short commute to and from w...
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By Tammy Vertrees, Real Estate Consultant
Real Estate for Today’s Magalia and Paradise California Home Sellers and Home Buyers $18,000 IN COMBINED HOMEBUYER TAX CREDITS FOR A LIMITED TIME Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits.  To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010, and close escrow between May 1, 2010 and June 30, 2010, inclusive.  Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes as permitted under federal law, and they purchase properties that have never been previously occupied as provided under California law. Un...
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By Tammy Vertrees, Real Estate Consultant
Real Estate for Today’s Paradise California Home Sellers and Buyers Magalia and Paradise, CA Property Foreclosures Property foreclosures are plentiful, presenting significant financial opportunities for real estate investors, first time home buyers, and those looking to move up within the real estate market. A foreclosed property refers to a piece of land or real estate that has been repossessed by the mortgage company or financial lender. During the foreclosure process, the financial institution searches for interested buyers. In the event that an interested buyer does not wish to invest in the property during the initial stages of property foreclosure, the property will go to auction where it will be sold to the highest bidder. So, how can you benefit from the current foreclosure mark...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Paradise CA Real Estate, Town Of Paradise 1st Time Home Buyer Program   The Town of Paradise CA has renewed the opportunity for "lower income" 1st Time Home Buyers to increase the purchase of their home by up to $40,000 through the use of a "Subsidy Mortgage". The Town of Paradise  First Time Homebuyer Program Requirements Include: Buyer's qualification for the program Buyer required to contribute 2% of the purchase through savings or gifted down payment Certified Real Estate Agent Certified Lender Qualified properties PROGRAM HIGHLIGHTS: Financing of up to 100 percent of the appraised value of the home. Loan is a "silent" 2nd mortgage requiring no monthly payments Subsidy mortgage is only due and payable upon sale of property, refinance or relocation 30 year term, 3% simple interest De...
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