EAGLESTAR.NET LAND AND PROPERTY REVIEW
http://www.eaglestar.net
Issue #38
October 13, 2008
Happy Columbus Day!

IN THIS ISSUE:
Site News: New Search Engine
Properties of the Week: Hot New Properties
Our Natural World: Harvest Moon and Hunter's Moon
Sponsor's Corner: 13 Lots on Hunting Creek, VA
Buyers List Update
Auction News:
- IA, FL, MI, MO, OK, SD, TX, UT, and Nationwide
LandTerms.com Term of the Week: Fannie Mae

"The moon's an arrant thief,
And her pale fire she snatches from the sun." - from 'Timon of Athens (1607)
- William Shakespeare (English playwright and poet, b. 1564 - d. 1616)


SITE NEWS: New Search Engine
At American Eagle Star, we are always looking for ways to improve our web sites
and make them more user-friendly. To this end, we have added a new search
engine to both EagleStar.net and LandTerms.com. This feature is easier to use,
returns more relevant and better-sorted results, and greatly expands the search
capabilities and options on both sites. On Eaglestar.net, the new search
feature can be accessed using the EagleStar Land Search field that appears at
the top of each page. We have also left the previous search function intact in
order to provide a variety of search options and for those that may prefer it.
The two search engines function in different ways, and the old engine may be
useful for certain types of searches, especially the "Search by keyword within
this category" function that appears on each category page. You can access the
previous search option by clicking on the "Search" link that appears on the red
navigation bar at the top of each page.

On Landterms.com, the new search can be accessed by using the "Power Search"
field at the top of each page. We have also added an "Advanced Power Search"
feature that allows users to fine-tune their search queries. The "Advanced
Power Search", as well as the previous search function (now labeled "Optional
Search Form") can both be found by clicking on the "Search" button on the
yellow navigation bar at the top of each page. We are pleased with the
organized, relevant search results returned by our new engine on both sites and
encourage all our site users to try it out - let us know what you think!


PROPERTIES OF THE WEEK: HOT NEW PROPERTIES
Hunting and Wildlife Paradise
Brainerd, Crow Wing County, Minnesota
Beautiful 4+ bedroom home on 200+/- acres with triple garage, heated shop, and
pole building. Many species of wildlife seen regularly on this mostly timbered
parcel (approximately 80% woodland, 20% lowland). Property has miles of trails
and roads cleared and has been professionally assessed and managed for wildlife
and timber growth. Located about 10 miles southeast of Brainerd, MN and 122
miles from the Minneapolis Airport.
Listing ID: 21103. View photos and additional information at
http://www.eaglestar.net/rand5-.html.

Copenhaver Ranch - Remote Wilderness For Sale
Riggins, Idaho County, Idaho
Remote 9.5+/- acres surrounded by wilderness on the banks of the South Fork of
the Salmon River. Access by plane, jet-boat, or drive to Mackay Bar and use
the cable-car crossing. Very rare opportunity to own a piece of the historic
Copenhaver Ranch. Enjoy trophy hunting and fishing, epic whitewater rafting
and kayaking, hiking, horseback riding, swimming, berry picking, relaxing, and
more. Listing ID: 21231. Photos and additional information are available at
http://www.eaglestar.net/tlb.html.

38.5 Acres with Barn and Ponds
Munfordville, Hart County, Kentucky
38.5+/- acres, approximately half open and half wooded, with large barn, 2
stocked ponds, long blacktop frontage, county water & electric available. This
Highway 357 property would make an excellent farm for horses or other
livestock. Broker owned. Listing ID: 21233. Browse photos and view more
information at http://www.eaglestar.net/fsr.html.

Pore's Knob - Forested Ridge Top Home Site
Moravian Falls, Wilkes County, North Carolina
Pristine 63+/- acres with stream, ridge-top views, and meadow already
subdivided into 10-acre tracts in upscale mountain community. Excellent
building sites. Paved road to property and gravel road to tracts. Very
secluded; lots of deer and wild turkey. Some property restrictions in effect.
Located in Wilkes County, 8 miles south of Wilkesboro, one hour from
Winston-Salem and 1.5 hours from Charlotte. Listing ID: 15412. Find photos
and other information at http://www.eaglestar.net/tbwst1-.html.

Scenic Hunting, Mountain, and Timber Land
Bland, Bland County, Virginia
212+/- acres of magnificent panoramic views, wildlife, creeks, and mature
timber, with Jefferson National Forest on two sides. Located on the north side
of Brushy Mountain, this property has approximately 1.2 million board feet of
white pine, oak and poplar. The Kimberling Wilderness Area is across road.
Five miles east of I-77. Listing ID: 19950. Photos and details at
http://www.eaglestar.net/ofd.html.

Browse all Hot New Properties on EagleStar.net, including listings with recent
price or acreage updates, at http://www.eaglestar.net/pages/latest.html.


OUR NATURAL WORLD: HARVEST MOON AND HUNTER'S MOON
The moon exerts profound influences on the Earth. Some of these are proven
physical processes, while others exist as anciently held beliefs. Worship of
the moon as a powerful and guiding force in the everyday occurrences in one's
life was fairly common in the not-too-distant past. Even as recently as the
late 1800's, planting and harvesting according to lunar phases was a widespread
practice. Since that time, modern developed societies have largely lost their
former lunar connections, due in part to the fact that the moon is no longer
depended upon as a source of light for the completion of certain tasks.

Full moons have held significance for humans since the dawn of man. In North
America, Native Americans used moon phases as a calendar, giving each full moon
a name that generally describes the time of year it occurs. The full moon
names used by the Algonquin tribes of northern and eastern America were adopted
and modified by European settlers, resulting in the traditional North American
list of full moon names. The Harvest Moon and Hunter's Moon, the full moons of
late summer and early autumn, were especially important to people who made
their living from the land.

September's Full Moon: The Harvest Moon
The Harvest Moon is the full moon nearest to the autumnal equinox. The
autumnal equinox, which usually occurs September 23, marks the time when
periods of day and night are equal in length. Following the autumnal equinox,
days grow shorter and nights longer as autumn transitions into winter. The
Harvest Moon usually occurs in September in the Northern Hemisphere, but can
also take place in early October. In 2008, the full Harvest Moon happened on
September 15.

As the moon orbits the earth and passes through its phases, it rises and sets
about 50 minutes later each day, until it reaches the New Moon phase and the
cycle begins anew. Due to the fact that the angle of the moon's orbit relative
to the Earth's evening horizon is at its narrowest, the moon rises only a few
minutes later for several consecutive evenings surrounding the full Harvest
Moon. In the U.S., the moon rises about 30 minutes later on these evenings.
In Canada and Europe, the difference is only about 15 minutes each night.
Orbital angles and positions are also responsible for the fact that a Harvest
Moon also rises much faster than a normal full moon.

The Harvest Moon is historically significant because it coincides with the
harvest time for many crops. Traditionally, it allowed farmers to gather crops
long after sunset because there is little lag time between sunset and moonrise,
and the moon is bright and full. A Harvest Moon may appear reddish when near
the horizon, because it is being seen through more layers of atmospheric
particles than when it is higher in the sky. Harvest Moons may also appear
abnormally large near the horizon, but this is an optical illusion, a trick of
the eye known as a "moon illusion".

October's Full Moon: The Hunter's Moon
The Hunter's Moon is the next full moon following the Harvest Moon. Like the
Harvest Moon, the Hunter's Moon rises full, bright, and fast soon after sunset
for several consecutive days. This moon is traditionally associated with
feasting. The grains, fruits, and vegetables grown all summer had by now been
harvested, and game animals had fed from the land and were now encased in
winter fat. The Hunter's Moon provided the light for nocturnal hunts across
the recently harvested fields which now lay empty and barren, offering little
cover or protection for fox, deer, or other game. After the hunters procured
the winter's meat, a great feast was held to commemorate the season's bounty, a
traditional event for both Native Americans and North American settlers.

Take a moment to step outside and enjoy 2008's Harvest Moon. It rises tomorrow,
October 14, at 4:02 PM (Eastern Daylight Time).

A list of full moons in 2008, their names, dates, and times is on Space.com.
http://www.space.com/spacewatch/080118-ns-moon-names.html


SPONSOR'S CORNER
The Land and Property Review would like to thank this week's sponsor:

13-Lot Waterfront Subdivision on Hunting Creek with Chesapeake Bay Access
Motivated Seller, Price Reduced, First Reasonable Offer Gets It!
Greenbush, Accomack County, Virginia
28.5+/- acre, 13-lot subdivision on navigable Hunting Creek, completed and
ready for building. 7 waterfront lots and 6 interior lots. Located with access
to Chesapeake Bay, docks can be built on private waterfront lots. Whole
subdivision would be perfect for a family compound. Paved roads and all
approvals are in and ready to start your building projects. Lot owners have
deeded access to community dock. Located in the Eastern Shore of Virginia.
Onancock, VA is just 5 miles away with shops and restaurants; 3 hours from
Washington, D.C., Baltimore, MD, and Philadelphia, PA. Listing ID: 18269.
Photos, plat map, and other information at http://www.eaglestar.net/dvs.html.


BUYERS LIST UPDATE
Find the properties you are looking for by placing unlimited free buyer's ads
on Eaglestar.net. This service is intended for serious inquiries only. It's
fast, easy, and best of all, free. Navigate to
http://www.eaglestar.net/pages/buyers.html to begin.

Brokers, Agents, and Salespersons:
Eaglestar.net buyer's listings offer an additional way to find the properties
your clients are seeking. It takes only minutes, and it's free. Place unlimited
free buyer's listings at http://www.eaglestar.net/pages/buyers.html, or email
them to info@eaglestar.net and we'll put them on the site for you.

Wanted: Natural wilderness to build off-grid home. 20+ acres forested /
mountain land with water. Prefer adjacent to large wilderness areas such as
national parks or other government-owned land. Please refer to buyer #21261.

Looking in: Kansas. 40 - 320 wooded acres. Farm house and outbuildings
preferred. Fenced areas / corrals also preferred. Good hunting habitat. Please
refer to buyer #21259.

Looking in: Upper NY state. 300 acres more or less, land for ski resort 2.5 - 3
hours from NY Metro area. Will consider existing ski resort, operating or
non-operating. Please refer to buyer #21218.

Looking in: Ohio. Small three bedroom home on one acre of land. Please refer
to buyer #21143.

Looking in: Kansas. Wanted: Large acreage in/near Riley or Pottawatomie
counties in Kansas with or without house. All mineral/water rights
transferable. Send details with price to e-mail listed. Please refer to buyer
#21133.

Looking in: Iowa, Minnesota, Wisconsin. 15-200 acres, water, land for crops /
grazing.
Please refer to buyer #19571.

Looking in: Idaho. Bare land for farm or with older home. Property must have
adequate water rights. Please refer to buyer #19796.

Wanted: Bare land or land with home within 30 minutes of South Union, Logan
County, Kentucky. Any size OK, prefer creek or stream nearby. Please refer to
buyer #21055.

Looking in: North Carolina, Pennsylvania, Virginia, and Florida, will consider
anywhere. Large tracts desired (200 acres to 20,000 acres) anywhere in US.
Special interest in unique developable properties with amenities such as lakes,
waterfront, or other special features. Please refer to buyer #16068.


AUCTION NEWS
Browse thumbnail photos and short property descriptions at
http://www.eaglestar.net/Land_Auction_Calendar/index.html.

2,519 Acre Rakestraw Ranch
Thursday, October 16, 2008
Unionville, Putnam County, Missouri
Rakestraw Ranch has been perfectly designed to meet the needs of any
outdoorsman. The rolling hills and timbered draws provide ideal habitat for
wildlife. Game animals such as white tail deer, turkey, and bobwhite quail are
thriving on the ranch. The vast acreage of row crops and food plots are more
than enough to provide the food and cover needed. The addition of a brand new
Morton Lodge makes Rakestraw more than ideal for a successful outfitting
operation. This is a rare piece of land that certainly will not be available
long. 100 miles to Des Moines, Iowa and 140 miles to Kansas City, MO. Listing
ID: 21120. View photos and contact information at
http://www.eaglestar.net/Detailed/21120.html.

Premiere Residential Properties Nationwide Auction
October 16-25, 2008
USA
Multi-property auctions featuring premiere residential real estate in the
following states: Alabama, California, Georgia, Idaho, Minnesota, North
Carolina, Ohio, Utah, Virginia and Wisconsin. Listing ID: 21236. More
information available at http://www.eaglestar.net/ww5.html.

Absolute Auction, 162 Acres Raw Land
Saturday, October 18, 2008
Lake Butler, Union County, Florida
Currently 108+/- acres of this 162+/- acre property is a working sod farm and
Bermuda farm. Property has 1.8 miles of paved road frontage. Water is from a
well. Potential uses for this property include: sod farms, mini or baby farms,
pasture land, cattle ranch, or home sites. Listing ID: 21135. Photos, auction
location, and other information at
http://www.eaglestar.net/Detailed/21135.html.

Mixed-Use Commercial Redevelopment Site
Wednesday, October 22, 2008
Sioux City, Woodbury County, Iowa
Prime mixed-use commercial redevelopment site in a regional shopping
destination. Next to Lakeport Commons featuring new major and high end retail
and dining. Adjacent to Southern Hills Mall, northwest Iowa's only regional
shopping center. Easy access to interstates. 2.4+/- acres. Opportunity for
investment in a thriving commercial district experiencing rapid growth.
Nominal opening bid is $100,000. Listing ID: 21223. Photo and additional
information can be found at http://www.eaglestar.net/ww2.html.

Single-story Strip Shopping Center
New Date: Thursday, October 23, 2008
Flat Rock, Wayne County, Michigan
Single-story strip shopping center with a former K-Mart anchor and additional
retail spaces. Constructed in 1978 with an addition in 1989. The property is
zoned general commercial and has a good location with respect to retail uses
within a fast growing exurban city. Approx 14.5 acre lot. Prime large scale
commercial location in the heart of an established and thriving residential
area. Listing ID: 21224. Photos and additional information at
http://www.eaglestar.net/ww1.html.

1,880 Acre Cheyenne River Ranch
Tuesday, October 28, 2008
Plainview, Meade County, South Dakota
The 1880.8+/- acre Cheyenne River Ranch is located in historic Meade County
just 72 miles from Sturgis, SD. This property has three miles of frontage on
the beautiful Cheyenne River, numerous springs, and amazing vistas and river
views. The spring feeding the house proves an ample supply of fresh water; two
more springs are developed for livestock. Includes a recently renovated 3
bedroom, 1 bath, 1,300+/- square foot home, an insulated 40'x 80' shed, a 28' x
78' metal shed, and corrals. Great hunting for white tail, mule deer, and
turkey; the ranch has been under an intensive feeding and management program
for the past three years to help produce some real trophy-quality animals. 590
acres is usable farmland. Balance of acreage is mostly rolling hills,
grassland, and hardwood-cedar timberland. Listing ID: 21121. Find photos and
contact information at http://www.eaglestar.net/Detailed/21121.html.

5,000 Acre Bandana Ranch
Thursday, October 30, 2008
Fruitland, Duchesne County, Utah
This beautiful 5,000 acre tract is adjacent to 60,000 acres of land owned by
the Department of Wildlife Resources. The Bandana Ranch is made up of gently
rolling hills covered in high aspen groves with tremendous wildlife potential.
Magnificent views, large network of gravel roads, and abundant wildlife
including elk, deer, and moose. Listing ID: 21122. Photos and additional
information are at http://www.eaglestar.net/Detailed/21122.html.

34 Acres with Rustic Log Cabin
Thursday, November 13, 2008
Argyle, Denton County, Texas
34+/- acres with log cabin and detached 2-car garage with apartment in a
country setting within 30 miles of Ft. Worth and Dallas. Location is east of
Hwy 35W in Denton, TX in the desirable Argyle School District. Property has
wildlife and is partially wooded, with Brush Creek running through, two ponds,
pasture and native grasses. Rock landscaping including outdoor fireplace, well
house, patio, bathtub, sprinkler system, and rock/concrete pond. Listing ID:
21265. Photo and additional information at http://www.eaglestar.net/ww4.html.

Home and 28 Acres in 3 Parcels
Friday, November 14, 2008
Afton, Ottawa County, Oklahoma
Home and 28+/- acres in 3 parcels, 2 miles north of Sail Boat Bridge, Grove,
OK. Rural setting conveniently located near Grove, a town that maintains
small-town traditions and good solid values while being the largest city on
Grand Lake. Opportunity to purchase property with excellent Hwy 59 frontage
offering commercial possibilities. Parcels have native grasses, mature trees,
pasture and rolling terrain.
Parcel 1: 5+/- acres. Includes 3BR, 2BA, 2,174+/- square foot wood siding home
built in 1960. Home has wall furnace, window air conditioner, well, septic and
storm cellar.
Parcel 2: 14+/- acres.
Parcel 3: 9+/- acres.
Listing ID: 21264. More information and a photo can be found at
http://www.eaglestar.net./ww6.html.


LANDTERMS.COM TERM OF THE WEEK
http://landterms.com
Each issue we feature a real estate, forestry, natural sciences or other
land-related term from our partner site, LandTerms.com.

This week's term: Fannie Mae
What is "Fannie Mae" (FNMA)?
Fannie Mae is the nickname of the Federal National Mortgage Association (FNMA),
a U.S. government-sponsored enterprise (GSE) chartered by Congress to provide
liquidity and stability to U.S. housing and mortgage markets.

What does Fannie Mae do?
Fannie Mae tries to ensure that primary lenders (mortgage companies, banks,
etc.) have the funds necessary to make affordable loans to consumers. Like its
cousin Freddie Mac (FHLMC), Fannie Mae does not make loans directly to home
buyers, dealing instead in the secondary mortgage market. Fannie Mae funds its
mortgage investments primarily by issuing debt securities in the domestic and
international capital markets.

Fannie Mae concentrates its operations in three areas: Single-Family, Housing
and Community Development, and Capital Markets. Fannie Mae's business
activities are aimed at providing services, products, and solutions to its
lending and housing partners. The overall goal of Fannie Mae, and in fact the
mission for which it was chartered, is to increase the total amount of housing
funds available in the U.S., thereby making home ownership and rental housing
more available and affordable.

History of Fannie Mae
Fannie Mae was created in 1938 as a federal agency. Its organizational
structure was changed in 1968 to a private shareholder-owned company. In
reality, Fannie Mae remained a quasi-government agency. When the bubble burst
in the U.S. residential real estate market in 2007-08, many of the questionable
management decisions and accounting practices of Fannie Mae's directors were
exposed. The company began to lose vast amounts of money, and was eventually
taken over by the U.S. government in September 2008, when James Lockhart,
Director of the Federal Housing Finance Agency (FHFA), appointed his agency as
conservator of Fannie Mae. In addition, the U.S. Department of the Treasury
agreed to provide up to $100 billion of capital as needed to ensure the company
continues to provide liquidity to the housing and mortgage markets. Many
experts claim this figure could be much higher, approaching $200 billion or
more when all is said and done.

Browse thousands of other terms and abbreviations used in real estate, law,
auction, appraisal, forestry, and more at http://landterms.com/categories.html.


SUGGESTIONS
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Email: newsletter@eaglestar.net

ARCHIVES
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http://eaglestar.net/newsletter.

CONTACT
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Tel: +1 702-471-0077 Toll Free 800-239-3448
Web: www.eaglestar.net
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