June 24, 2006

THE REAL (ESTATE) STORY
By Larry Underhill

I STAND CORRECTED! In last week’s rant, I quoted California Real Estate Commissioner Jeff Davi as saying that one in every 34 adult Californians is a trial lawyer (as opposed to California real estate licensees, who now number over 501,000, or one in 52 adult Californians). This statement prompted Judge David Warner to call me with a friendly correction. Judge Warner checked the State Bar website and found that there are only 148,000 practicing attorneys in our fair state, which does NOT translate to one in 34 Californians. He did agree that it was a whole lot of lawyers, however. If you count members of the California Bar who are not actively practicing law (judges, for example), the number is still only around 200,000.

Thanks, Judge Warner! I’m happy to report that this is the first time in more than three decades that I’ve received correction from a judge. This’ll do me for another thirty years (I hope).

CONGRATULATIONS to my clients, Tim and Michelle Koenig, on the purchase of their new Acampo ranchette! They’re excited to get back “down the hill” and closer to work and church activities. A Thank You to local attorney Douglas Duncan for a job well done in the representation of the Seller in this transaction. Thank you, Mr. Duncan!

The Koenigs moved fast on this purchase. So fast, in fact, that they closed escrow on their new place before their lovely Mountain Ranch home was sold! Now they’re looking for a quick sale on this 1700-square-foot 3-bedroom 2-bath near-new modular home on ten tree-studded acres in scenic Mountain Ranch (or are they in Mokelumne Hill? There’s some debate about that). With a startling $30,000 price reduction, I like their chances. At the new price of $299,950, what’s not to like? The dirt alone is worth that much. Call me for details, or contact their mountain Realtor, JoAnn Stump, at 888-288-8915. (Website: http://www.mountain-realestate.com/). These Sellers are MOTIVATED!

MOUNTAIN RANCH, CONT’D: Some folks have talked of making the existing (very nice) home a base as they build their Dream Home on the property! Tim tells me there are two existing building sites that could work well. If you go to www.zillow.com and enter 17122 Baker Riley Road, Mountain Ranch, CA 95246, you’ll get a satellite view of this hideaway. You’ll also see Zillow’s estimate of value. The LOW end of their estimated value range is $340K.

“THE INDISPENSABLE first step in getting the things you want out of life is this: Decide what you want.” -Ben Stein. (I just liked this quote and thought I’d throw it in).

MORE CONGRATULATIONS! Another home run from Statesman’s own Greg Adams. Another listing SOLD. Another happy Seller. Greg manages to take very good care of his own clients AND manage my listings and escrows. His gift for organization makes it look easy. It ain’t. Several hundred thousand new licensees are just now figuring that out. I wish ‘em well. As Zig Ziglar says, “A Big Shot is just a Little Shot that kept on shootin’!” Have a great week.

Statesman Realty Lodi, CA

(209)333-2380

1-800-407-SOLD(7653)

www.LarrySellsLodi.com

www.larryunderhill.com

Email: Larry@LarryUnderhill.com