Paul Law Realty

http://paullawrealty.com/

The Paul law reality family is always eager to support their community and their needs!

http://paullawpropertymanagement.com

Have a great Valentine’s Day with your loved ones! http://paullawpropertymanagement.com

627 East Main Street, Grass Valley CA Just a stones throw to downtown grass valley we have an 8000 sqft. space available with negotiable terms. A great location, roll up doors, and ample parking.... One of the many commercial and residential properties we manage, feel free to contact us if you have different needs. 530-277-4539

That’s because when you own a home, you’re responsible for all the maintenance and upkeep costs. And those can add up fast! So, when thinking about buying your first home, it is good to think about any possible debt and to have an emergency fund of three to six months of expenses in place.

BUYING IN TODAY'S MARKET. UNPRECEDENTED, how often do we hear this? This is especially true when it comes to buying Real Estate in today's market. Here are 3 things to consider when making an offer today.... 1) Get qualified, for your purchase loan by a local lender. Ask your lender how long before they can fund the loan. The seller will want to know the time frame. 2) Understand the market, houses are selling at a record pace, and over the asking price. Are you willing to compete? Look at the comps and be prepared to offer accordingly! 3) There is more to the offer than price. Inspections, contingencies, time to close (escrow time). Be willing to accommodate the seller and help make their transition seamless. These tips will have you living in your forever home before you know it, Contact us today for more information about the current market.

Meet the team: Dick Law The management team is led by Dick Law, who has been with Paul Law Realty since 1975. A licensed Realtor and Broker, Dick’s many years of experience are a valuable asset in Real Estate and Property Management. With 45+ years in the community, he has an edge on locating your ideal home and helping you use the market to your advantage when selling. ... If you are interested in finding out the value of your home in today's market, call Dick today at 530-277-4538

The Federal Reserve voted last week to keep its benchmark interest rate at near zero. This will keep the cost of loans down until the economy starts to recover from the COVID 19 pandemic. The Fed also announced Wednesday it would be extending its lending and credit initiatives until the end of the year to help make it easier for Americans to get a loan. The Fed’s key benchmark rate is not directly tied to mortgage rates, however, it often indirectly influences them. Real ...Estate has seen a benefit with interest rates and lending because of this decision. https://www.cnbc.com//fed-meeting-decision-interest-rates.

In cased you missed the video walk through we posted for 13708 Sun Forest Dr, Penn Valley CA... Here are some pictures to get you interested. Alternatively you can view the house using a virtual walk through from the safety of your own home. https://my.matterport.com/show/?m=8N3xaJGoEH1... This home is listed at $359,000 with 3 bedrooms, 2 bathrooms and 1704 square feet of space. Contact us today for a private showing! 530-277-4538

OFFICE SUITES AVAILABLE BRUNSWICK EAST, Your choice 1700 Sq Ft or 1300 sq ft both are well appointed, Nevada County’s premier office location. Flexible lease terms contact us for details.... 530-277-4538

Take a tour of this beautiful property in Lake Wildwood 13708 Sun Forest Drive, Penn Valley CA! Listed at $359,000 Our newest property on the market, this 3 bedroom 2 bath home has a quiet location with privacy. You can also take a personal tour of the property using our 3D Virtual tour at: https://my.matterport.com/show/?m=8N3xaJGoEH1... Contact us today for a private showing or for more information! 530-277-4538

Meet the Team! We want you to be familiar with us, here at Paul Law Reatly. Meet Matt Law, A third-generation Realtor, Matt Law specializes in sales, leasing and property management with Omega Commercial Management, a division of Paul Law Property Management. Matt oversees the management of 280,000+ square feet of retail and office space, plus residential apartments and houses.

Over 70 years in Real Estate, it was time to put our expertise to use and help solve the housing crisis, for those un housed. https://www.theunion.com//tiny-home-projects-proposed-for/

Urban Dwellers are exiting cities and heading for the country, and places like Nevada County are enticing them. During the past two months, Nevada County Realtors have been busy working with buyers from urban areas in California. "We are simply just looking for a better life. I am able to work remotely, I'm sure I would be more productive in a place like Nevada County" one buyer said.... If you're thinking of selling, now is definitely the time to do so as it is a sellers market. Interested in selling? Or maybe you're trying to buy a home in Nevada County... We can help, give us a call - 530-277-4538

Serving Nevada County and surrounding areas. Our business is helping you find the perfect home ~ we work with sellers, buyers, and renters to match you with the property you can proudly call HOME.

We have a commercial spot available in Nevada City, on Searls Ave. Retail and office space available in the Seven Hills district. Great location with ample parking! Call about available terms as they are flexible. 530-277-4538... You can also message us on here!

Here is an interesting article about the potential exodus of people from large cities. With all of the recent circumstances during the pandemic, workplaces have shifted to working from home as much as possible. What does that means for us in Nevada County? Our internet infrastructure is not up to par with the needs of today's work place. We need to push forward with our capability to provide high speed, reliable internet to houses outside of downtown. What do you think?... https://www.washingtonpost.com//06/01/city-relocate-pande/

THE BILL ON CALIFORNIA'S BALLOT TO REPEAL PROPOSITION 13 IS LABELED "EDUCATION AND LOCAL GOVERNMENT FUNDING" DON'T BE FOOLEDTHE BILL ON CALIFORNIA'S BALLOT TO REPEAL PROPOSITION 13 IS LABELED "EDUCATION AND LOCAL GOVERNMENT FUNDING" DON'T BE FOOLED

Wishing you all a very Happy Lunar New Year!

REALTOR lives matter, be safe.

The homeless situation nobody wants to acknowledge!! This is the mess left for the property owner to clean up. Grass Valley and Nevada County each want the other to take responsibility, maybe when the State see this dump site we will see some action.

**** OPEN HOUSE **** Saturday 8/24/19 11:00am - 2:00pm. 15513 GreenWay Place Grass Valley, CA. $597,000 - MLS#19035868. Inspiring views from this fabulous contemporary home on private cul-de-sac and yet minutes to downtown Grass Valley. Beautiful double doors open into the fabulous great room with soaring 22' ceilings, artistic windows, sky lights and open air concept. Big glass doors open out to a massive private deck. Outstanding cook's kitchen, bamboo floors and beautiful... views out each window! Huge master suite, guest suite and den with French doors. Lower level has a wonderful family room and guest quarters for your enjoyment! Generous 2 car garage with extra storage, plus manicured 5.7, low maintenance acres! https://nevadacounty3d.com/3d/15513-green-way-pl/skinned/

Worked with my Father for almost 20 years, these Red Coats were one of the many highlights. Business was important, however, Family was always first!!

Looking for a rental in Nevada County? We have homes available in Grass Valley and Nevada City. Visit our website to see our inventory of available home rentals. http://www.paullawpropertymanagement.com/rentals.html

Gave away this home to a fellow Veteran! What an amazing day! #VAREP #Realestatelife

Here's our summer survival guide, 10 ways to relax with Trump in the White House.

Hey Jim Moule, I Will be at the Duck Race on Sunday, It is just not the same with out you.

It is really time for Nevada County, to review this. El Dorado County, Real Estate values, have increased, and the tax savings, benefit, many relocating buyers.

Hi Facebook friends. This will be the 18th year doing this great ride for a great cause! Please either join us for the ride this year or take a moment to make a donation.

TAX TIME, TAX TIME, TAX TIME You at least get more time this year. April 15th is normal as you know, but Washington DC observes its Emancipation Day on that dat...e so it goes to Monday, April 18th. If you are from Maine or Mass., you know that is Patriot's day so you get until the 19th. Do not have the money: go ahead and file your return or extension anyway because the late filing levy is 5% a month (this is called the Don Cordelone rule). To avoid other penalties when you file the extension, send them some money. You can do it by check, IRS Direct Pay, or use your credit or debit card. Or there is an online payment agreement, and you can set up an installment plan and add more to our national deficit. There is even a penalty abatement program for first time offenders. Do not call. I say do not call that number you hear in radio and TV ads. There are many alerts going out about scams at this time of the year. I got my first call a few days ago. "IRS is filing a law suit against you for this year so please call this number at once." Do not call to complain about the call, you get put on another call more often list. Note for Real Estaters: Guarino, TC Summ. Op. 2016-12: Mr. Guarino, a taxpayer in the business of brokering mortgages received a commission in connection with his purchase of a resident. That is income, pay tax. However, the Court ruled no self-employment tax because it was a personal transaction. For all you future Mr. Guarinos, when you are buying a property as a broker, negotiate a price with the normal commission and when feasible, renegotiate the price down with no commission for you. One step further: When I did syndication investments on apartment houses, I normally took my commission as a 3rd on the property. This was to allow better leverage for the investors, a buffer on payments, and if the property was not successful, I got no money. One time IRS said, "You got a note for this much money." Pay tax. I illustrated to them that just after the close; I went to a FDIC bank and asked them to buy the note. They said that the note was worthless to them at that time as a 3rd on a rental. I showed this to IRS and passed that audit item. I paid tax on the note when I got paid as the property was sold or traded, as the Lord intended.

Congrats to the Nevada and Placer County agencies that were funded through our Continuum of Care application. Hospitality House and Salvation Army applied this ...year to replace the loss of funds from the Emergency Shelter Grants for Rapid Re-housing, but we are in the tier 2 group so won't know if we will be awarded until spring. Praying, crossing fingers, and believing with all my might for this funding to keep our housing program going See more

FORCED ARBITRATION; GOOD OR BAD FOR YOU AND ME A statement from Richard Cordray, director of the Consumer Financial Protection Bureau, indicates that this agenc...y that is designed to protect you and me in financial matters is looking at this question. It’s about time. He says, "By inserting arbitration clause into their contracts, companies can side-step the legal system, avoid big refunds and continue to pursue profitable practices that may violate the law and harm customers." Come on, Richard tell us what you really think. A couple of other phrases; "Companies should not be able to put themselves above the law and avoid public accountability." "Consumers should be able to join together to assert and vindicate their established legal rights." What does the other side say? "Arbitration offers a simpler, fairer and faster way to resolve disputes than going to court." "This bill is about more lawsuits, more money for lawyers, and less justice for consumers." Public Citizen Advocacy Group studied one year of arbitration proceedings. Score: Credit Card Firms -94%, Consumers -6%. Could it be the arbitrators realize that they are selected and paid by the businesses? BTW, California has a law about this subject, but Federal Law is more restrictive, so it rules. Interesting: Remember on the California Residential Purchase Agreement there is a section about Arbitration. As a buyer or seller, you have to answer yes or no. To have Arbitration both parties must agree. No agreement no arbitration. So be ready to make your decision and get advice. On credit card agreements and doctor office agreements, you are in almost all cases agreeing to arbitrate. Next doctor's agreement, I am going to cross it off and see what happens.

Most of the time, It feels like I spend the bulk of my days floundering, wanting to get good things accomplished at work and in my life and usually feeling as i...f I'm doing a poor job of it. But this week something happened which seemed to transcend my inadequacies as a "housing specialist" and for that I'm feeling extremely thankful... A young man who has been staying at Hospitality House was told that he will be able to move into an apartment of his own and for those of us who know him, it feels like a miracle. Several years ago he had been arrested on a DUI, and because he could not give up drinking, he decided to move to another state, breaking his parole and leaving behind his obligations to the court. But while away, in his own words he "hit bottom" and eventually went through an intensive alcohol rehab program sponsored by the Salvation Army that lasted more than a year. Eventually, because his family was still here in Nevada County, he decided to come home, hoping to work through the estrangement from them as well as face his legal problems. He came to Hospitality House with nothing but the clothes on his back. Soon he had secured a full-time job and had started saving money, with the hope it would help lead to housing. He enrolled in our Rapid Rehousing program. After receiving his application and completing a background check, a local property management company said that they would rent to him, but only if his legal problems were cleared. We spoke to the Deputy Public Defender and she said that if our client turned himself in, he would almost certainly face jail time, which meant that he would lose his job and that he would no longer qualify for housing. The rock and a hard place... We put together a letter to the DA, advocating as strongly as we knew how, the sincerity behind our client's sobriety, the fact that he was working hard, saving his money, asking that somehow, some way, he be spared jail time, so that he could be housed. The Deputy Public Defender gave us a sliver of hope. She said the District Attorney wanted to see documentation that our client had actually completed the out-of-state rehab we had described. Salvation Army faxed the proof and we forwarded to the DA. Last Thursday, I met my client at 6:30 am at Utah's Place. We were both nervous, maybe me more than him. He went to the courthouse to self-surrender at 7:00. By 8:30 he was standing in front of a judge. The Deputy Public Defender made our case. The judge looked at the DA and asked...well? The DA said he could see nothing to be gained by demanding jail time. The original sentence was imposed with no additional reparations added. By 10 am we were standing inside the property management company where they were asking our client which unit he wanted, No. 7 or 15? Come Monday, our client moves into his new place, with a fresh start on life. I'm grateful to Hospitality House, I'm grateful for federal grant money that allows us to house the homeless. I admire the immense bravery of a client who chose to pass though the fires of "making things right." It gives hope to all of us and he will forever inspire me.

It is not just a Nevada County issue.

This wont be good for anyone.

And the Nevada County Market, is Awesome, as well.

GOOD NEWS FOR LANDLORDS AND TRUCK MAKERS; The number of prospective young tenants is up. This will keep vacancy rates low over the next five years. With jobs ...coming the boomerangs will be moving out of the parent's basements. Among hot markets: Atlanta, Dallas-Ft. Worth, Phoenix, Houston, and LA. Vacancies are expected to drop to around 4.8% from 8% in 2009. No crystal ball needed to know that this means rents will be going up. Truck sales are the best since 2005. Cars not so much except for the Tesla's electric sedan that is popular with affluent technophiles. Compact crossover SUV's that are built on a car chasis with optional all-wheel drive and the higher profile of a SUV are popular. Favorites are the Jeep Renegade, Mazda CX3, Chevy Trax and the Honda HR-V. Toyota is bringing out a new Tacoma to compete with the Chevy Colorado and GMC Canyon. Nissan's Titan is doing well even with the diesel version. Love the new concepts where the car finds a parking spot and then parks. I want one that analyzes data available and keeps me away from Sig-Alert. See you at the Dealers.

Willie with Peggy Wright at Treats in Nevada City