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The majority of home insurance companies contribute claims history information to a database called the Comprehensive Loss Underwriting Exchange, or CLUE.
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“It is the place that helps shape who we are. Your generation may well be thankful that you do not have to bear the burdens of owning one – the mortgage, the maintenance, the pain of pulling up roots that run for decades deep. But the reality may be to be thankful for the blessings.”
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Hendry’s Beach aka Arroyo Burro Beach in Santa Barbara enjoys a rich history. Located between Hope Ranch and the Douglas Family Preserve, this section of coastline belonged to William N. Hendry who farmed this area with his family in the late 1800s through the early 1900s. In 1884 William N. Hendry leased 360 acres at Arroyo Burro, which included a sizable portion of Hope Ranch, and grew hay, oats, and barley selling much of his yield to stables in Santa Barbara. The Hendrys had 12 children and often invited friends to swim off the beach. Over time the locals came to know the beach as Hendrys. Hendry retired in 1914 and in 1918 sold the farm for $80,000.
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An increasing number of the world’s wealthiest people are buying non traditional homes outside of where that usually live and the vast majority own two or more homes, new research shows. Ultra-high net worth individuals (UHNW) are classed as those with assets above $30 million and are discerning about what they buy, says the research report from Wealth-X and Sotheby’s International Realty. UHNW buyers look for residences that are environmentally sustainable, technologically sophisticated, or that fit better with their personal and family needs. The average buyer in this sector is 63 years old, married and has a net worth of US$165 million. The top place to buy a second home is the United States followed by the UK and then Switzerland.
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For homes bought and sold in the same county sellers over 55 can transfer their current low tax base to a newly purchased home.
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This is the land of the Gaviota Coast and it is special beyond compare. Join the docents of the Gaviota Coast Conservancy on this vintage rail car excursion.
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Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers.
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Thursday, October 22, 2015, an opening reception will begin at 5:30 pm at the Santa Barbara Historical Museum at 136 E. De La Guerra Street that runs through January 17, 2016. For more information, or to make reservations, call 805.966.1601 or visit Santa Barbara Historical Museum Exhibits
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1709 Overlook Lane in Santa Barbara, California is a spectacular ocean-view estate. Listed with Sotheby’s International Realty. This 5 bedroom 5 bath home is approximately 5,710 square feet on 0.95 acres. Famed Santa Barbara architect George Washington Smith completed this residence in 1928. The style and grace of this French Normandy masterpiece will delight your senses. The new south-facing gardens and patios look out past the Andre Clark Bird Refuge to the Pacific Ocean and Channel Islands. Offered at $5,250,000
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3112 State Street, Santa Barbara, California 93105
Mark Lomas BRE 00898298
Kirsten Wolfe BRE 01309570