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    Real estate professionals establish fund to help their own

    BY JOHN COX Californian staff writer
    Monday, Sep 22 2014 06:01 PM

    Kern County real estate professionals have set up a fund to help colleagues who have fallen on hard economic times because of a medical crisis or death in their immediate family.

    Organizers say the new Real Estate Professionals Family Relief Fund is not intended to replace contributions the local industry already makes to charities, but to expand efforts to look after their own.

    The idea dawned on fund President Tony Ayon and his wife last spring when a real estate professional attending a local fundraiser confided to him she was struggling with high medical costs.

    "I thought, well, shoot, we just raised all this money (at the fundraiser), why can't we just write her a check?" said Ayon, a broker and owner at Miramar International in...

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    Next phase of Seven Oaks breaks ground

    For 12 years, Seven Oaks has remained mostly as it was: a grand but incomplete master-planned community in southwest Bakersfield. That period of relative quiet ended Wednesday, albeit symbolically, as developers broke ground on a 175-acre...

  3. Bakersfield man sentenced in mortgage fraud scheme

    In a mortgage fraud scheme with echoes of Bakersfield's infamous Crisp & Cole Real Estate case, federal defendant Antonio Perez-Marcial was sentenced Monday to three years and 10 months in prison. The 41-year-old Bakersfield resident was...

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    Crisp & Cole agent gets 19 months behind bars

    Jeriel Salinas, a former sales agent at Crisp & Cole Real Estate, was sentenced to 19 months in prison Monday. Salinas had faced up to 30 years in prison and a $1 million fine after agreeing to plead guilty to one count of conspiracy to...

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    Homeowner hopes drone videotaping flies 'under the radar'

    Linda Elias could always say, if the feds ever ask, that she simply wanted to share the magnificence of her 6,000-square-foot, Frank Lloyd Wright-esque home along the Kern River near Hart Park. Or, she could just blame her brother, who...

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    Media line up to oppose drone ban

    You may have heard about real estate agents calling on the Federal Aviation Administration to allow the use of commercial drones in U.S. airspace. But now some of the nation's largest newspaper companies -- The Washington Post, the New...

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    Bakersfield home prices slip despite rising demand

    Bakersfield existing home prices slipped last month on a median and per-square-foot basis, even as the number of sales in the city increased significantly. A sales summary issued Monday by local appraiser Gary Crabtree said April's median...

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    Real estate agent sentenced to two years in prison

    Former Crisp & Cole Real Estate agent Michael Angelo Munoz was sentenced Monday to two years in prison for his role in the infamous mortgage fraud case. Munoz pleaded guilty in November to two counts of mail fraud and agreed to forfeit $1...

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    Questions on Crisp & Cole remain after Farmer verdict

    A climactic chapter in Bakersfield's long-running Crisp & Cole saga may have closed with last week's verdict in the trial of Julie Dianne Farmer, but the larger mortgage fraud case is by no means resolved. Still to come are sentencings...

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    Sole trial in Crisp & Cole case set to start

    The only trial to come out of Bakersfield's $30 million Crisp & Cole Real Estate mortgage fraud case is expected to focus on whether the woman who prosecutors say was the firm's No. 3 person understood what she was doing there was illegal....

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    Was Jennifer Crisp's 'break of a lifetime' just?

    It doesn't happen a lot, but every so often criminal defendants get probation instead of prison time simply because a harsher penalty would leave their children parentless. Does that mean the parents, or at least the mothers, receive a...

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    Crisp & Cole defendant gets 6 1/2 years

    A defendant in the Crisp & Cole federal mortgage fraud case was sentenced Monday to 6 1/2 years in prison for one count of conspiracy to commit mail, wire and bank fraud. Jayson Peter Costa, a 41-year-old Bakersfield resident, had...

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    Report: Slipping home prices won't last

    Despite recent softening, Bakersfield's single-family home market will likely see price increases in the 12 percent to 15 percent range this year as previously foreclosed homeowners look to buy houses again, a leading local observer...

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