Paying a premium to purchase a house with that inner glow

admin — Sun, 20 May 2012 22:16:23 +0000

The house in Fitzroy North that sold for $4.2 million on the weekend. Photo: Craig Abraham

PROFESSIONALS are paying top dollar to stay in the inner suburbs, with recent prices in North Fitzroy and Richmond approaching the hefty sums commanded in the private school belt of the leafy eastern suburbs.

A couple paid $4.2 million at auction on Saturday to buy into North Fitzroy’s dress circle, Alfred Crescent, opposite the Edinburgh Gardens.

It is the latest in a string of $3 million-plus prices achieved in the suburb since December last year – 112 McKean Street fetched $3.03 million in March; 259 Scotchmer Street sold for $3.18 million last December and others have sold off-market, also at those prices.

Nelson Alexander director Arch Staver, who auctioned those properties and 39 Alfred Crescent over the weekend, believes scarcity is driving performance at the top end.

”The money’s always been there, but the houses themselves have not. All of these houses have been held for quite some time,” Mr Staver said. ”People who might look at Hawthorn, Canterbury or Kew are not there just for the schools but for the bigger houses on bigger blocks.”

Nearly 300 people turned out for the Alfred Crescent auction.

Mr Staver started it off with a vendor bid of $3 million, but four genuine bidders quickly entered the fray and more than 150 bids were made for the free-standing Victorian house.

It sits on a large, 720-square-metre block and last sold in 1993 for $725,000.

Jellis Craig director Craig Shearn, who also sells at the top end in North Fitzroy and Clifton Hill, said there were as many professionals in the inner suburbs as there were in the east and they no longer wanted to move when their children get older.

”There’s so much happening here as well – the access to art and culture and restaurants – that people don’t want to move away,” Mr Shearn said.

He sold an unrenovated property at 17 North Terrace last weekend for $2.52 million. On a 720-square-metre block, the house had been in the same family since it was built in 1923.

”There’s got to be some sort of opportunity factor at work too in the sales on Alfred Crescent and North Terrace. It doesn’t just come down to what people can afford to pay but what they are prepared to pay for the opportunity,” he said.

Advantage buyer’s advocate Frank Valentic has acted for several clients at these auctions who are looking for family-sized properties and blocks and do not want to move.

”People don’t want to move to the eastern suburbs. They want to stay close to the good schools here and the shops,” Mr Valentic said.

While Richmond Hill has always been a favourite, the recent sale of 41 Erin Street reached new heights.

The double-fronted, double-storey property is believed to have sold for more than $3.55 million and was marketed by Toorak and Malvern stalwarts Kay Burton and Abercromby’s, who have moved deeper into the inner suburbs along with RT Edgar and Bennison Mackinnon.

Kay Burton agent Gowan Stubbings, who refused to confirm the price, said buyers were not as ”suburb specific” any more.

”It’s more about the house. We’re getting houses that are special rather than the run-of-the-mill Richmond properties because we can bring in a different audience or list of buyers,” Mr Stubbings said.

The auction clearance rate was steady at 62 per cent from 529 reported results.

Far East buyers beware in London property rush

admin — Sun, 20 May 2012 22:16:20 +0000

By Brenda Goh

LONDON |
Sun May 20, 2012 5:43am EDT

LONDON (Reuters) – When Hong Kong businessman Mr. He paid a 35,000 pound ($56,000) deposit on a four-bedroom apartment in Britain, he believed it was a 40-minute walk from central London, his lawyer says. In fact it was a 40-minute journey by high-speed train.

The 350,000 pound home was in Lincolnshire, eastern England. He sued the developer for misrepresentation last year, getting his money back before the case got to court in what his lawyer told Reuters was an attempt by the developer to avoid its marketing material being splashed around a courtroom.

His experience shows the potential pitfalls facing a growing number of Far Eastern people buying British homes unseen as developers target places such as Hong Kong, Shanghai and Singapore because British buyers are struggling to get mortgages.

“It is a matter of developers saying: ‘Here are some people who are likely to be interested. They probably do not know too much about the market, so why don’t we advertise there’,” said David Eldon, former chairman of HSBC’s Asia unit who has witnessed the practice during two decades in Hong Kong.

“I think they are being a little economical with the truth,” he told Reuters, saying properties could be sold for higher prices in the Far East.

Major developers including Barratt, Taylor Wimpey and Berkeley have stepped up efforts to court cash-rich Far Eastern buyers since 2009 after the global financial crisis sapped demand at home. Developers do not all use exactly the same marketing methods.

Berkeley said it had had many repeat purchases from Asian buyers over 20 years, although it acknowledged a mistake in one of its press releases. Taylor Wimpey said it offered a high level of service to all customers. Barratt declined to comment.

The number of Chinese and Pacific Asian buyers of the best quality newly built London homes jumped to 37 percent in 2010 from four percent in 2009, data from property consultancy Savills showed. The majority purchase for investment and are used to buying off-plan – before the home is built.

Mr. He was told his flat was 40 minutes from central London at a face-to-face meeting with the developer, said David Linklater, head of litigation at law firm Alan Broadhurst, who represented He. Broadhurst declined to give his client’s full name or the developer’s identity.

“Lots of people go to the fairs in Hong Kong and get a sheet of paper with a picture of Big Ben. You think you are going to be the Queen’s neighbor when actually the Queen has a great big garden with a big wall around it,” said Linklater, who deals with 20-30 unhappy overseas buyers a year.

PICTURES OF HARRODS

Sold at exhibitions in plush hotels, many properties are not in the most desirable London neighborhoods despite the prominent pictures of Harrods or Buckingham Palace. Details of exact locations tend to be omitted rather than inaccurate.

“There is a lot of embellishment going on working off the naivety of the Chinese buyer,” said James Moss, managing director of property consultancy Curzon Investment Property.

A brochure advertising 375 Kensington High Street, a luxury London scheme marketed in the Far East and developed by a Berkeley joint venture alludes to the proximity of the High Street Kensington underground station in a brochure entitled “London’s most sought after new address”.

The station, which is at the heart of one of London’s most popular shopping districts, is a 15-20 minute walk away while the flats are at the scruffier end of the same long street and closer to two other tube stations.

In a press release issued in Hong Kong on Friday, the development was described as “a short walk from the luxury shopping available at Harrods”. The world-famous store is a 50-minute walk according to the Transport for London website.

“To an unsuspecting buyer, you think wow, it is amazing, but actually it is the wrong end of Kensington High Street, right next to Kensington Olympia,” said Camilla Dell, managing partner at Black Brick Property Solutions, which helps overseas buyers find London homes.

A Berkeley spokesman said the “short walk” description was “an error”.

“We have had a lot of customers from Asia over the last 20 years, many of whom are repeat purchasers,” he said.

“It (the development) has excellent transport links and easy access to well-known shops; the distances to which are clearly marked in our brochure. In addition, by far the majority of buyers have or will visit our developments before buying.”

Ingrid Skinner, managing director of Taylor Wimpey Central London, said: “Buyers need to be able to trust the company they are buying from. At Taylor Wimpey we offer the same high level of service to all of our customers.”

HIGH PRESSURE

The ballrooms of Hong Kong’s luxury hotels hold property shows nearly every weekend. The city’s two Mandarin Oriental hotels are particularly popular.

At one event attended by Reuters on Friday, prospective buyers were offered San Pellegrino bottled water, chocolate cupcakes and a choice of finger sandwiches. An HSBC banker was on hand to help with financing and a lawyer in case a purchaser was ready to sign.

Buyers can feel the pressure.

Judith, a native of Zhejiang in China who lives in London and declined to give her full name, said her father paid the deposit on six off-plan flats in Colindale, north London, at a Shanghai exhibition a year ago despite the fact she warned him about its remote location.

“The moment my father sat down, the agent wanted him to pay a reservation fee. Once he showed that he liked them, they said he had to pay the fee or someone else would snap them up,” she said.

They are in a legal dispute with the agent in an attempt to recover 24,000 pounds, claiming they were sold the properties on the basis they could be converted into nine units, which they subsequently discovered was not possible.

“The developer and agent are not obliged to educate the buyers, it is down to the buyers to educate themselves,” said Ken Xiao, president of Chinese Property Professionals Society in London. “Of course the agents will try to show the shiny side because they are trying to sell the property.”

There may be little legal recourse. Those buying new homes as an investment are not protected under the National House Building Council’s consumer code as opposed to those looking to occupy them, a spokeswoman for the watchdog told Reuters.

Estate agents said overseas buyers of property as an investment were at risk of getting lower-than-expected returns as the mass marketing of the homes at events meant many landlords would likely have to vie for tenants all at once, pushing rents down, Dell said.

“I have yet to see a development where the rents have exceeded the advertised rent,” said Ashley Jones, managing director at London-based estate agent Barclay Residential. “I cannot see all of this having a happy ending.”

($1 = 0.6282 pound)

(Additional reporting by Alex Frew McMillan; Editing by Tom Bill and Matthew Tostevin)

David Jones Seen Luring LBO on Lowest Value Since ’04: Real M&A

admin — Sun, 20 May 2012 22:16:18 +0000

Enlarge image

David Jones Seen Luring LBO on Lowest Value Since ‘04

Sergio Dionisio/Bloomberg

Revenue at David Jones, which sells everything from ties and fragrances to suitcases and cameras, peaked at A$2.1 billion in the year ending July 2008, according to data compiled by Bloomberg. It will fall about 10 percent from that high to A$1.9 billion this fiscal year, analysts’ estimates compiled by Bloomberg show.

With David Jones Ltd. (DJS) trading at the
lowest price to its net assets in eight years, the Australian
department store’s real estate is making it a buyout candidate.

Competition on the Internet from American retailers,
including Saks Inc. and Nordstrom Inc. (JWN), and Australian savings
rates that are more than double those in the U.S. have sent
shares of Sydney-based David Jones down 51 percent in the past
year. After Australia’s second-largest department store operator
also projected its smallest annual profit in six years, the
company is trading at 1.4 times the value of its assets minus
liabilities, a level not seen since May 2004, according to data
compiled by Bloomberg.

While the slump has pushed David Jones’ market value down
to A$1.2 billion ($1.2 billion), its real-estate holdings alone
would be worth as much as A$1 billion if sold and leased back,
Bank of America Corp. said. With Australia’s central bank now
cutting interest rates, and David Jones in need of a turnaround,
now is the time for potential buyers to look, according to
Commonwealth Bank of Australia.

David Jones’ real-estate portfolio is “something tangible
that investors can hold onto when there’s capitulation in the
market,” said Robert Penaloza, Sydney-based head of equities at
Aberdeen Asset Management Ltd., which oversees about A$18
billion in Australia. “The company still has a decent brand
name and its positioning in the market is still valid.”

Four Properties

Helen Karlis, a Sydney-based spokeswoman for David Jones,
said she had no comment on takeover speculation.

Australia’s oldest department store, David Jones was
founded in 1838, half a century after Britain started sending
convicts to the country. The company is named after the Welsh-
born immigrant that opened a central Sydney store to sell “the
best and most exclusive goods,” according to its website.

The four sites that David Jones owns, one each on Elizabeth
Street and Market Street in Sydney and two on Bourke Street in
Melbourne, account for a quarter of the retailer’s sales, Karlis
said. They are adjacent to some of the priciest retail strips in
the world, according to Kevin Stanley, research director of
property consultants CBRE Group Inc. (CBG), the world’s largest
commercial real estate services company.

“The pedestrian flows in these areas are very high,” he
said. Sydney is the world’s third-most expensive city for retail
rents after New York and Hong Kong, and Melbourne the eighth-
most expensive, ahead of Milan, Frankfurt and Chicago, CBRE said
in a report last November.

Falling Sales

Revenue at David Jones, which sells everything from ties
and fragrances to suitcases and cameras, peaked at A$2.1 billion
in the year ending July 2008, according to data compiled by
Bloomberg. It will fall about 10 percent from that high to A$1.9
billion this fiscal year, analysts’ estimates compiled by
Bloomberg show.

David Jones, which didn’t include an online strategy in its
three-year plan released in 2008, trails rivals in tapping the
web. Comparing itself to 10 retailers including New York-based
Saks (SKS) and Nordstrom, David Jones said in March it generated the
smallest proportion of total sales — less than 1 percent –
from the Internet. U.K. department store operator John Lewis Plc
ranked first with 17 percent, while Saks and Seattle-based
Nordstrom each derived about 9 percent of revenue online.

U.S. and foreign retailers that ship to Australia are
capitalizing on an Australian dollar that has climbed 27 percent
against its U.S. counterpart in the past three years. In Hong
Kong, StrawberryNET sells a jar of Clinique Daily Relief
moisturizer for A$55, a price that includes shipping to
Australia. The same product at David Jones’ online site is
offered for A$90, 64 percent more.

Higher Borrowing Costs

After Australia recovered from the global financial crisis
that peaked in 2008, David Jones and the country’s other
retailers have struggled as interest rates climbed to 4.75
percent, the highest in the developed world.

The savings rate among Australian consumers reached 12.6
percent in December 2008, a level last seen in 1986, according
to data compiled by Bloomberg. At the end of 2011, it was 9
percent, still more than double the pace before the financial
crisis and about twice the personal savings rate in the U.S. at
the same point.

The central bank this month made its steepest cut to
borrowing costs in three years, reducing the benchmark rate to
3.75 percent.

A potential buyer of David Jones will need a plan to solve
its problems by lowering prices, investing in technology and
expanding its Internet platform, said Andrew McLennan, an
analyst at Commonwealth Bank in Sydney.

‘Pretty Good Deal’

“When these things are under a fair degree of cyclical
pressure and there are some structural concerns, this is the
time to have a look at them,” he said. “If some of those
structural concerns can be overcome and the cycle recovers,
you’ve ended up with a pretty good deal.”

David Jones forecast its lowest annual profit since 2006
for the year ending in July, spurring an 11 percent drop in its
shares on March 21. In the past year, the stock is the worst
performer among 22 Australian retailers with a market value
greater than $100 million, data compiled by Bloomberg show.

Down 51 percent in that period, compared with an average
drop of 5.4 percent for the group, David Jones is trading at 1.4
times the value of its assets minus liabilities, or book value,
of A$803 million. That’s the lowest multiple since May 10, 2004,
data compiled by Bloomberg show.

Myer Path

The slump has created an opportunity for an acquirer to
capitalize on the value of David Jones’s real estate in Sydney
and Melbourne’s central business districts, according to Silvia Spadea, an analyst for Bank of America. If sold and leased back,
the stores in Australia’s biggest cities may be worth as much as
A$1 billion, Spadea wrote in a note last month. Spadea didn’t
return a request for an interview.

“David Jones is unique” compared with most retailers in
owning its valuable property assets, Spadea wrote. An external
party, such as a financial buyer, “would be in the best
position” to monetize the assets.

Using a “mid-point” valuation of A$800 million, the real
estate is worth A$1.52 a share, according to Bank of America,
which based its estimates on consultations with several property
developers, according to an April 12 note. David Jones shares
closed at A$2.20 last week.

Any buyer taking this route would be following the lead of
Fort Worth, Texas-based TPG Capital, which bought Australia’s
largest department store chain Myer Holdings Ltd. (MYR) for A$1.4
billion in 2006, said Michael Simotas, an analyst at Deutsche
Bank AG. The buyout firm sold the retailer’s flagship property,
next door to David Jones’s Melbourne store, the next year for
A$605 million.

‘Quite Reasonable’

“The property is certainly a factor and there is value
that could be unlocked,” said Sydney-based Simotas. “The
appetite for those assets would be quite reasonable.”

David Jones sold the stores once, only to reacquire them in
September 2006 for A$362 million to regain control of
redevelopment and avoid rising rental payments, according to
data compiled by Bloomberg.

Rents for the best retail locations in central Melbourne
have increased by an average 7 percent a year since 2006 and now
stand at A$8,700 per square meter, while those in central Sydney
have risen by 2 percent a year to A$11,500 per square meter over
the period, CBRE’s Stanley said.

TPG, which refurbished stores and boosted Myer’s profits,
sold the retailer in an October 2009 initial public offering
that valued Myer at A$2.4 billion. A buyer of David Jones would
also have to see an opportunity to turn the fundamentals around,
said Simotas, who has a sell rating on the stock.

New Strategy

“Normally when a sponsor looks at a business like this, it
wouldn’t rely on getting an acceptable return using financial
engineering alone,” he said. “It would like to think it could
improve the business by making management or structural
changes.”

David Jones Chief Executive Officer Paul Zahra, mapping out
a strategy in March under what he called the toughest conditions
in his 30 years of retailing, said he’ll increase the number of
products available through the website to 90,000 from 9,000. The
company will lift online sales to about 10 percent of total
revenue from less than 1 percent, it said.

Potential buyers of David Jones may be deterred by the
prospects for Australian retail, said Martin Duncan, a fund
manager at Arnhem Investment Management in Sydney.

‘Dour Outlook’

“It would be highly unlikely because of the generally dour
outlook for retailing,” said Duncan. “The outlook continues to
be bleak because consumer confidence continues to be weak.”

Australian consumer confidence in May stagnated near the
lowest level this year as concern about the global economy and
the Greek debt crisis offset the central bank’s rate cut. From a
year earlier, confidence was down 8.3 percent, according to a
Westpac Banking Corp. and Melbourne Institute survey.

The slump in confidence hasn’t stopped buyout funds from
pursuing local consumer companies. KKR Co. approached Pacific
Brands Ltd. (PBG), Australia’s biggest underwear maker, in January.
TPG Capital offered to buy surfwear maker Billabong
International Ltd. (BBG) in February.

“We know private equity are having a sniff around these
assets, generally,” said Commonwealth Bank’s McLennan. “There
have been a lot of headwinds in the Australian household sector
which will not stay around forever, so let’s not get too
depressed about the retail sector.”

With David Jones trading so near the value of its assets,
there’s the chance to make money through a takeover, said
Penaloza at Aberdeen Asset Management.

“Interest rates are low, you can probably borrow enough to
buy the assets, sweat the assets and perhaps sell it on when
times are better,” he said. “Online is another way of shopping
but it’s not going to kill the bricks and mortar.”

To contact the reporters on this story:
Angus Whitley in Sydney at
awhitley1@bloomberg.net;
David Fickling in Sydney at
dfickling@bloomberg.net.

To contact the editor responsible for this story:
Daniel Hauck at
dhauck1@bloomberg.net;
Katherine Snyder at
ksnyder@bloomberg.net;
Philip Lagerkranser at
lagerkranser@bloomberg.net.

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Misc for Sale

admin — Sun, 20 May 2012 16:14:33 +0000

520 Misc. For Sale

100% GUARANTEED OMAHA Steaks – save 65% on the Family Value Collection. Now only $49.99 plus 3 free gifts right-to-the-door delivery in a reusable cooler. Order today at 1-888-525-4620 or www.OmahaSteaks.com/family16, use code 45069TVH. (Cal-SCAN)

THE 1997 NEW YEARS flood in Plumas County Video is now available on DVD. See a short one minute YouTube trailer of the video at YouTube97Flood.tk showing the damage beyond the roadblocks where the public wasn’t allowed to go. Get all 78 minutes featuring: The Feather River Canyon flooding including Maggie’s Maple Leaf and Belden, Two Rivers washout, Sloat Bridge and Rich Bar Bridge washout, Dog Rock washout, Indian Valley flooding, Quincy and American Valley flooding. Price includes tax and shipping. To order your copy, send a check or money order for $20 to Kevin Mallory, PO Box 1785, Quincy, CA 95971, include name, phone and return address information. (530) 283-0150. Copies may also be purchased at the Plumas County Museum, Epilog Books and Belden Town.

4 MATCHING BAR STOOLS: Captain’s swivel type chairs, dark wood. Seat height from floor 29”. Excellent condition. $25 each or all four for $80. Also “L” shaped matching bar with tile top, make offer. (530)283-0985 Quincy.

ATTENTION JOINT Muscle pain sufferers: clinically proven all-natural supplement helps reduce pain and enhance mobility. Call 877-217-7698 to try Hydraflexin risk-free for 90 days. (Cal-SCAN)

Bundles of newspapers usable for fire starters, fish wrappers, family projects, parcel packing, paper mache, polishing windows, pet paper, bird cages, the possibilities are limitless. $1 per bundle. Available at Feather Publishing Co., 287 Lawrence Street, Quincy. Monday through Friday 8am-5pm.

DIABETES / CHOLESTEROL / weight loss. Bergamonte, a natural product for cholesterol, blood sugar and weight. Physician recommended, backed by human clinical studies with amazing results. Call today and save 15% off your first bottle! 888-392-8780. (Cal-SCAN)

FEELING OLDER? MEN lose the ability to produce testosterone as they age. Call 888-904-2372 for a free trial of Progene- all natural testosterone supplement. (Cal-SCAN)

FUTURE STEEL BUILDING 30X44X14 for sale. New, never assembled, $12,500. Call (530)251-3117, ask for Joe.

GARDEN SHED: 8.5×12, wood construction, metal roof; $500 OBO; (530)816-1162.

HUGE GARAGE SALE! Also old Collector Automobile, $3500. Antique Baby Doll. Silverware. Rotisserie, $60. “Con” Organ. 2 Collector Quilts. Rare Antiques. (530)284-6200.

LIEN SALE MAY 19th AT 10 am. Westwood Mini Storage. 406 Ash St.. 256-3945 To confirm.

MANTIS DELUXE TILLER. New! FastStart engine. Ships free. One-year money-back guarantee when you buy direct. Call for the DVD and free good soil book! 888-815-5176. (Cal-SCAN)

Great for children’s projects, table cloths, drawing, gift wrapping etc. Various amounts on each roll. Prices start at $1.00. Pickup at Feather Publishing Co., 287 Lawrence St. in Quincy or Lassen County Times, 100 Grand Avenue, Susanville.
As of January 1992 the California Penal Code requires that all private sales of firearms (excluding antiques) must be completed through a licensed dealer.

ROAD BICYCLE: Kestrel 200 EMS, 56cm (large) ruby red carbon fiber weave frame, full Shimano Durace components w/low mountain climbing gearing, like new cond., less than 1000 miles, cost $4200, sell for $2400/obo, serious only. (530)283-4551 or 283-2241. Quincy.

SNOW TIRES General Altima Max 205/65, two seasons, $100. Tent-Trailor Skamper, some mold, $300. Mash Jeep needs rebuilding, $1000. Norris Travel Trailor, $100. Black designer computer desk, $300. Antique radio, $100. Basketball hoop portable, $25.00 Livingroom furniture available June. (530)927-9778.

TOP SOIL DELIVERED, 10 yards, $275. Call (530)257-4506.

TOP SOIL PROCESSED with compost, 10 yards delivered, $300. Compost, 10 yards delivered, $300. Call (530)257-4506.

WHOLE BODY CLEANSE/Purify with Whole Body Colon Program at www.HerbsCanCleanse.com or 877-437-2741. Nature’s way of helping you live a healthy life! (Cal-SCAN)

521 Furniture

APARTMENT FULL OF furniture for sale, very reasonable. Call (530)252-4229.

NEED NEW FURNITURE, but can’t afford brand new? We have excellent condition, quality, used furniture at affordable prices. Large selection, Portola area, www.itslikenew.com (530)832-1523.

NEW FURNITURE Mattress sets. Factory direct pricing. 30%-70% off retail. Mattresses start at $129. Sofa sets start at $599. Bedroom sets start at $599. Dining room sets starts at $329. Check us out at:
www.silverstatefurniture.com. (775)379-8175.

NO BED BUGS! Factory fresh sealed. Double pillow top queen mattress box springs set, $239. King set, $299. Full set, $199. Twin set, $175. Sam’s TV/Appliance Mattresses. (530)836-0400, 58981 Hwy 70, Cromberg.

522 Appliances

Giant capacity, 10 year limited warranty, $599 with trade. Trade your old matching set in and save. Free local delivery and installation. We beat Lowes and Sears prices everyday. Late model refurbished Whirlpool washer and dryer matched set, one year warranty, $299. Washer and dryer set, $199. Also refrigerators, freezers, ranges, dishwashers, LCD LED TVs. Sam’s TV Appliance. 58981 Hwy 70, Cromberg. (530)836-0400. Since 1960.

524 Computers

DR. MAC SPECIALIZES IN Apple Macintosh repair and training, including OSX upgrades and software installation. We do house calls anywhere in Plumas, Lassen and Sierra counties. Call Dr. Mac in Quincy at (530)283-0150 or (530)386-2616. Serving you since 1987.

525 Antiques/Collectibles

Get the 1997 New Years Flood in Plumas County on DVD. This DVD is now available at the Plumas County Museum and their online store. Show your support for the museum
http://plumasmuseum.org/ or call (530)283-6320. Watch a short one minute YouTube clip at YouTube97Flood.tk.

531 Quincy Yard Sale

CLOSET CLEANOUT: Friday, Saturday, May 18th19th, 8am-5pm. Women, children clothing. There will be a tool sale along with a regular yard sale. Come by and check it out! 64 Mill Creek Road.

ESTATE YARD SALE May 19th. 8am to 3pm. English bone china, Hummel, Norman Rockwell, kitchenware, queen bed, fireplace electric heater, books, clothes. No junk. 118 Abbett Lane, Meadow Valley. Not before 8am.

Everyone can participate! A community foundraiser for the Quincy Arbor Bike Trail. Sat. May 19, 2012 at SavMor Parking Lot, E. Quincy. Minimum $25 seller donation. Additional contributions (financial items) welcome and needed. To reserve space call Nanci (530)283-1361 or 394-7100.

HUGE YARD SALE: Sat Sun, 19th 20th, 8am-2pm. 601 W. Main. Clothing $1.00/bag, books, nik-nacs and much more.

PLANT SALE: Perennials, shrubs, annuals, birdbaths, tufa planters. 1949 Quincy Jct. Road. 9am-5pm. Thur., Fri., Sat., May 17th-June 2nd.

STORAGE SALE 8 Bresciani Lane off Bell Lane. Saturday May 19th. 9am-2pm. Too much to list. Everything goes!.

532 Greenville Yard Sale

533 Chester Yard Sale

HUGE YARD SALE MAY 19-20 26-27 9a.m. appliances, household and kitchen items, furniture, books, tools, toys much more. 2906 Terrace Dr. in Prattville.

MOVING SALE! FURNITURE, TV, clothing, houseware, outdoor/lawn care tools and various other misc items. 255 Wagon Road (Martin Ranch subdivision), Chester. Saturday (5/19) only, 8am-1pm.

PAWS AND ANIMALS in need Yard Sale. Sat. May 26th 8-2. 336 Lassen St. for more info. and donations please call (530) 258-3965.

535 Susanville Yard Sale

195 NORTH SACRAMENTO. Saturday, May 19th, 10am-4pm. Video games, movies, kitchen appliances, electronics, misc., and much more.

ESTATE/YARD SALE. 3 Family sale, Fri.-Sat., May 18th-19th, 8am-2pm, 464-555 Jy Lane. Janesville, off Sears Rd.

GARAGE SALE MAY 25th, 26th, 27th. 9am-5pm. Collections, Coke, Record, and 8 Track. 687-895 Hollywood Way, Eagle Lake, Spalding.

SET UP YOUR OWN garage sale for free on June 8th and 9th from 9-2 at Skyline Self Storage 1105 gentry ln and 702-900 Johnstonville Rd. Call for more info 257-3499. Or just come and shop over 30 different garage sales.

YARD/PLANT SALE, 824 Shasta St. Fri-Sun, May 18th-20th, 9am-4pm. Antiques, tools, spa cover, bathroom cabinet complete with marble sink top, glass shower door and sunken garden tub. vegetable plants/herbs, along with spring bedding plants.

537 Graeagle Yard Sale

MOVING AND GARAGE SALE Sat. May 26th and Sun. May 27th, 9am-2pm. 153 Cody Drive in Valley Ranch. Many misc. things. Quality painting items, articulated ladder, shelving unit, tools, antique china hutch, kitchen table, beautiful Queen size bed with mirror and side cabinets (must see).

What do sellers have to disclose about old houses?

admin — Sun, 20 May 2012 16:14:31 +0000

Ilyce Glink Samuel Tamkin

Real Estate Matters, Tribune Media Services

10:55 a.m. CDT, May 20, 2012