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Stanislaus County Short Sales - Will There Be a new California Gold Rush?

By
Real Estate Agent with Aspire Home Real Estate 209-404-0816 DRE #01423125

Stanislaus County Short Sales - Will There Be a new California Gold Rush?

Will there be a new gold rush in California?  A Nevada County man found a 100 ounce gold nugget on his property last year.  It could be the largest known California gold nugget in existence.  Yesterday , March 15,2011 the nugget went up for auction in Sacramento Ca.

The anonymous (why are they always anonymous?) buyer won the auction with a final bid of $400,000.  With the auction premium of 15% the total Search for your new homewas $460,000.  The actual value of the gold by weight is only (only?) about $125,000 so it is believed the anonymous buyer is most likely a collector or possibly a museum.

I'm sure the seller of that nugget is going to be hearing from long lost friends and relatives now. Let's hope the seller of the nugget spends that money wisely.  Maybe he could buy a Stanislaus County Short Sale or maybe even two Stanislaus County Short Sales. 

Let's face it, most of use don't have giant gold nuggets laying in our yards.  If you are thinking about buying a Stanislaus County Short Sale or even a Merced County Short Sale or San Joaquin County Short Sale I can help.  If you haven't recently auctioned off a jumbo gold nugget and need to finance that purchase let me know because I work with some great lenders.  I can help you get pre approved and then find the perfect house for you.  Whether this is your first home or your fifth let me know how I can help. 

Posted by

 

Jim Patton - Realtor
Aspire Home Real Estate
DRE# 01423125


Serving Stanislaus, Merced and San Joaquin Counties in California's Central Valley.


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Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jim - Must have been a good nugget for almost a half of million.

Mar 17, 2011 02:47 PM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Wow.  How incredible is that?  I don't think I would know a gold nugget if I found one.  I would probably just think it was another rock.

Mar 18, 2011 01:56 AM
Don Barrett
Integrity Real Estate Services - Idabel, OK

That is pretty amazing.. a gold nugget found that is worth that!  I would have walked right on by and not known what I was looking at...

Mar 18, 2011 03:59 PM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Michelle - It was an almost 7lb nugget of gold.  If it was my property I think after I found it I would have most of the property dug up by now looking for more.

Belinda - I sure would be checking every rock that I found on my property if I was him.

Don & Judi - It sure beats anything that I have ever found at my house.  Thanks for stopping by.

Mar 18, 2011 05:20 PM