Comments on: REO Shadow Tour 2

By: oldsaw

oldsaw — Wed, 22 Jul 2009 21:50:42 +0000

man! sure glad i rent! cost me 8700.00 for the year and that incls renters insurance. have two new (real vehicles called toyotas) in the garage, since i have room for them cuz the garage isnt piled with whim bought crap. at least the toyotas are the only things we have that are depreciating——DAILY. moved out of caleefonya in 1989-thank god.

By: propertysearch

propertysearch — Tue, 21 Jul 2009 04:14:22 +0000

I would be interested to know how many of these defaulted homes own a Cadillac Escalade. Two out of the three people I have seen foreclose in the last few months had one parked in their drive way as well.

I think we should replace the ice cream trucks of Oceanside with the Cadillac Escalades of Carmel Valley. The more Escalades…the more shadow inventory to come.

By: tj and the bear

tj and the bear — Tue, 21 Jul 2009 02:24:41 +0000

$300/sf still seems pricey for large tract homes.

By: Martin

Martin — Tue, 21 Jul 2009 02:03:00 +0000

Jason:
Maybe the owners of that third house were house rich and car poor, they had been driving around in a clunker like the 66 Chevy and instead of buying a 350 they got $4500 towards the Insight. At least I hope that our government helped them pay for it…what a shame if they bought it only with money they saved from not paying the mortgage without additional grease from the Federales.

By: CA renter

CA renter — Tue, 21 Jul 2009 00:58:25 +0000

Nicely put, Rob Dawg. That post brings it all into perspective.

Thank you, Jim, for following up on these foreclosures and keeping us informed with your “on the ground” videos. It is greatly appreciated.

By: KKertzman

KKertzman — Mon, 20 Jul 2009 21:49:45 +0000

JTR,
Why is it that realtors are the only people who use their mugshot so prominately in their advertising (cards & signage)? Is there a rule regarding this or what? And how long can you use the same mugshot…because we have a lady (T.C.) in del mar that is definately not using a current photo! Just wondering and keep up the good work!

By: sdbri

sdbri — Mon, 20 Jul 2009 21:01:02 +0000

Well what else are they going to do with the money they saved by not paying the mortgage?

By: Jason

Jason — Mon, 20 Jul 2009 19:44:53 +0000

Funny how that third house had a 2010 Honda Insight in the driveway. They are not making their housing payment and buying a new eco car at the same time. Great model americans.

By: sdbri

sdbri — Mon, 20 Jul 2009 17:49:15 +0000

Can’t wait until they move out of my house!

By: GeneK

GeneK — Mon, 20 Jul 2009 17:43:19 +0000

If the car goes on auction I might be interested in that…