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San Fernando Valley residents charged in alleged scam targeting distressed homeowners – ” Daily News
Five San Fernando Valley residents have been charged in an alleged $ 17 million real estate scam that tricked distressed homeowners – many of them elderly – into signing fraudulent deeds on their properties, authorities said Friday. Michael Henschel, 68, of Van Nuys; Camerino Islas, 40, of North Hollywood; Claudia Islas, 42, of Reseda and…
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Developer restores shine to Hotel Don Fernando de Taos
Workers take time to repair windows at the Hotel Don Fernando de Taos in efforts to get it ready for opening. Jay Batra, the new owner, says he is trying to open the hotel by the end of the year. Foreclosure News
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San Fernando Valley Home Sales Slip But Prices Rise
Home sales in the San Fernando Valley dipped slightly in May from a year earlier but prices remained above $ 600,000 for the second consecutive month, a university research center said Tuesday. During May, sales of new and previously owned houses fell 2 percent from a year earlier to 1,427 properties, said the San Fernando…
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San Fernando Valley housing market starts 2016 on solid footing
The San Fernando Valley’s housing market started the year on solid footing in January with sales and prices increasing from their year-ago level while foreclosure activity declined, a research center said Tuesday. Last month’s sales of new and previously owned houses and condominiums rose 5 percent from January 2015 while the median price increased 11…