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July, 2008

  1. Officials offer earthquake tips

    July 31, 2008 by Lynnell Woodward

    I was scanning the Glendale Newpress earlier today  and thought that these were some werthy tips to pass along.

    Magnitude 5.4 temblor caused little damage, but it reminded locals to be prepared.

    By Veronica Rocha

    Published: Last Updated Wednesday, July 30, 2008 10:34 PM PDT

    GLENDALE — Tuesday’s magnitude 5.4 earthquake that rattled Southern California has reminded some Glendale residents of the need to prepare themselves for potential disasters.

    Since the quake, at least 50 aftershocks have been recorded, with the largest being magnitude 3.8, according to the U.S. Geological Survey.

    Residents should keep a three- to five-day supply of food and water inside their homes, said Public Education Coordinator Tanya Gregorian of the Glendale Fire Department.

    Homeowners should be able to identify a gas leak, she said, but they shouldn’t shut off their gas because of an earthquake, Gregorian said.

    “Shut it off when you start to smell gas,” she said.

    People shouldn’t panic during an earthquake and run out of their homes or other structures because there are other dangers outside, such as faulty power lines, Gregorian said.

    During an earthquake, people should drop to the floor, take cover under a table and hold on, according to the Los Angeles County’s Emergency Survival Program earthquake guide. When driving during an earthquake, motorists should pull over.

    Pet owners are advised to store an additional supply of pet food and water, along with pet medicine, according to the Society for the Prevention of Cruelty to Animals Los Angeles.

    Homeowners must create and coordinate a disaster plan for earthquakes, Gregorian said.

    “It’s really important everybody in the household is on the same page,” she said.

    The Fire Department received an irregular number of calls on Tuesday from Glendale residents, asking to join its Community Emergency Response Team, Gregorian said.

    http://http://www.glendalenewspress.com/articles/2008/07/31/news/gnp-earthquake31.txt


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  2. Foreclosure relief Bill becomes Law…

    July 11, 2008 by Lynnell Woodward

    I saw this in a legal bulletin and wanted to share this with all of you looking… “This week, the State Legislature enacted foreclosure reform law to address the adverse effects of high foreclosure rates in California. The new law requires lenders to contact homeowners to explore options for avoiding foreclosure at least 30 days before filing a notice of default. It also requires owners acquiring property through foreclosure to maintain the exterior of vacant residential properties. The new law also extends from 30 to 60 days the time for residential tenants to move out of properties that have been foreclosed upon, unless other laws apply. These requirements will remain in effect until January 1, 2013. The full text of Senate Bill 1137 (Perata) is available at www.leginfo.ca.gov.” 

    Take a look it is good inforamtion for anyone who is finding themselves in a difficult situation. If you need any assistance please don’t hesitate to give me a call!

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  3. HELOC’s and Credit Lines

    July 8, 2008 by Lynnell Woodward

    In my business we say “buyer beware” but in this case it is consumer beware.  For the past 5 months or so I have heard talk of banks closing or capping credit lines.  My initial reaction was how can they do that especially here in the Foothills.  Well ladies and gentlemen it is happening, it happened to me.  Now the weird thing is that the banks use online sources for there property value and they aren’t too far off but  if it falls even $1000 short it will affect your entire loan.  The other thing I found out is there is a 5 day grace period with some of the banks should you have any checks pending.  However you usually will not have recieved your letter withen that time it seems to be taking a week from when they cap them until you are notified.  Now logically I can understand their point of view but for one who’s value is still there and they have not abused it and make their payments this just not fair.  There are some ways to get them reinstated; if you or someone you know needs assistance give me a call or better yet comment on it.

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