RE/MAX Lakeside sells Lake Arrowhead Real Estate

Archive for January, 2010

The Mountains around the Lake Arrowhead area in the late 1800’s and early 1900’s were primarily used for logging operations, lumber mills and a limited amount of gold and silver mining. Around 1893, construction began on the dams that created Lake Arrowhead and Grass Valley Lake in an effort to capture water to be sold to the San Bernardino area.

In 1920, a Los Angeles syndicate formed the Lake Arrowhead Company to buy the lake and surrounding property in order to turn the entire area into a unique year-round resort. They constructed the village, three hotels and a nine-hole course on what was originally a cow pasture. Much of the lakeside land was sold for private homes and secluded estates. Many Hollywood stars stayed at the hotels during that era and many of the movie studios used the location for filming movies. But the golf course eventually fell into disuse and returned to the cows.

In the early 1960’s the Lake Arrowhead Development Company, to promote Lake Arrowhead, began updating the original course. The first phase of the project was entrusted to Billy Bell, designer of Canyon Country Club in Palm Springs.

In 1963 a back nine was carved out of the surrounding mountain. At the same time construction on a new clubhouse in the architecturally dramatic A-frame design was begun. Honored guests at the grand opening of the Club House included Bob Hope, Bing Crosby, Dean Martin and Tony Bennett.

In September of 1978, the members of the Lake Arrowhead Country Club purchased the course, clubhouse and tennis facilities from the then owners, California Golf, and turned it into the private, member-owned, equity Country Club that it remains to this day.

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS

Measure to help bring stability to home values and accelerate sale of vacant properties

According to Property-Partners.com, HUD made a surprising announcement This week:

In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high (which is essentially everywhere). A positive change of policy will expand access to FHA mortgage insurance allowing for the quick resale of foreclosed properties by investors.

This change allows home-buyers to buy and resell immediately without having to wait the 90-days for title seasoning… good news for home-buyers who purchase, improve and re-sell properties at an affordable price to homeowners.

Read HUD’S Announcement by clicking here.

Happy New Year 2010 from RE/MAX Lakeside!

It’s only been four short months since the grand opening of RE/MAX Lakeside in Lake Arrowhead, and we are so pleased to say that in such a short amount of time our office is shaping up to be one of the most exciting and gratifying ventures we have experienced in our careers thus far.
We attribute this early satisfaction to several factors such as our strategically positioned office, it is the first real estate agency as you enter Blue Jay Village. This premier location has proven to be a successful “walk in” generator.
RE/MAX is a great company to be a part of. It’s being in business for yourself not by yourself. The support and tools RE/MAX International offers is truly remarkable! Online lead generation, world class education and training, and a stellar marketing approach supply our agents with a substantial advantage over our competitors.

The RE/MAX Lakeside team is now blogging, which has been a great way to network with fellow agents and make connections with prospective buyers. Follow the Links Below to view RE/MAX Lakeside Agent Blogs.

Kathy Delong Stan Phelps Barry Lieberman Charlie & JoAnn Dickinson David Nicholson

RE/MAX Lakeside has had the pleasure of progressively adding agents to the office. Barry Lieberman our most recent addition is just the beginning of a fresh group of seasoned agents that will be joining our team. Keep a close eye on RE/MAX Lakeside in 2010 because we expect to announce many more exciting new developments for our office in the future!

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