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The Complete Idiot's Guide to Buying Foreclosures, 2nd Edition
One person's loss is another person's gain.87% (13)
This invaluable guide explains everything readers need to know about finding and financing foreclosed and soon-to-be foreclosed residential properties with the highest potential return. Completely updated, this new edition reflects recent changes in the way banks and the government dispose of foreclosed properties, covers new laws, and advises how to steer clear of scams.
• First edition sold more than 30,000 copies in a year and a half
• The national residential foreclosure rate rose to from .75% to 1.16% (of all mortgages) by the end of 2006-the biggest jump in 30 years
• Foreclosures are expected to continue to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans make homes unaffordable
Historic California Governors Mansion
Governor's Mansion State Historic Park is the location of Historic Governor's Mansion of California, the former official home of the Governor of California. The mansion is listed on the National Register of Historic Places. Located at 1526 H Street in Sacramento, the mansion is now used primarily for public and state ceremonies and events. George Pardee was the first governor to live in the house; Ronald Reagan, who lived in it for only four months, was the last. The thirty-room Second Empire-Italianate Victorian mansion was built in 1877 for local hardware merchant Albert Gallatin. The State of California purchased the house in 1903 to serve as a governor's mansion. Many furnishings remain from former governors, including Pardee's 1902 Steinway piano, velvet chairs and sofas belonging to Governor Hiram Johnson, and Persian rugs bought by Mrs. Earl Warren. The structure has been renovated a number of times. The house is open daily to guided public tours, on the hour, from 10:00 a.m. to 4:00 p.m. Currently, the state of California does not have an official residence or mansion for its governor. The state had built a governor's residence in the Sacramento suburb of Carmichael, which was completed just as Reagan left office. Jerry Brown, who succeeded Reagan, refused to live in the house and it was sold by the state in 1982. Brown, who had grown up in the mansion when his father was Governor, lived in a sparsely furnished "bachelor pad" during his first two terms as Governor from 1975 to 1983. When Brown became Governor again in 2011, he opted to live in a 1,450-square-foot (135 m2) downtown loft. George Deukmejian, Pete Wilson, and Gray Davis all lived in different Carmichael residences. Arnold Schwarzenegger stayed in a hotel suite near The Capitol when he was in Sacramento, but ordinarily commuted each day by private plane from his home in the Brentwood area of Los Angeles. The Governor's Mansion State Historic Park is one of the 48 California state parks which was proposed for closure in January 2008 by California's Governor Arnold Schwarzenegger as part of a deficit reduction program.
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