News on Escrow and Real Estate
Bronze statue stolen from SoCal real estate firm (The Fresno Bee)
A bronze statue worth about $35,000 was stolen from a real estate firm here that had another statue taken in June. Read comments
Escrows delayed under Victorville Water Department, agents say (Victorville Daily Press)
VICTORVILLE • Three-day weekends and late bills from the Victorville Water Department have stopped a multitude of homes from closing escrow on time, according to local real estate agents.
Eagle Trace developers accused of misusing $474K; one says Ira Hatch advised him (Vero Press Journal)
Eagle Trace developers Richard F. Rendina and Stephen Siegel took $474,410 in home deposits from their company's escrow account and used it to pay subcontractors and bills, according to a Sheriff's Office complaint affidavit.
Lucia Mar finalizes purchase of Oceano center (Arroyo Grande Times Press Recorder)
The Lucia Mar Unified School District is the official owner of the Oceano Community Center. The district closed escrow on the $1.7 million property this week, essentially assuring the embattled center’s future for years to come.
