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Monday, May 3rd, 2010 at 9:01 PM

Working the F-List

These have an auction date scheduled over the next few weeks – demonstrating what you can expect from the foreclosure list.

At the end of the video there’s a mention of stats for the Carmel Valley to Carlsbad regional market. During the first four months of 2010, there were 631 detached-home closings, and 113, or 18%, were marked as REO or short-sale listings.

It only takes one!

Posted on Monday, May 3rd, 2010 at 9:01 PM in Buying at Trustee Sale, F-List, North County Coastal | 9 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 9 Responses

  1. Isn’t a buyer at a trustee sale responsible for the second? and other liens?

    DNR | May 3rd, 2010 at 11:11 pm

  2. No, at least those inferior to it (chronologically)

    Anonymous | May 4th, 2010 at 3:41 am

  3. I’ve been tracking that house on Cascadia for months and am waiting for the day when it shows up on the steps and has 200 bidders. They are going to have to build an extra parking lot downtown to accommodate everyone.

    Scott

    Scott | May 4th, 2010 at 6:29 am

  4. Recon Trust has been firing on all cylinders the past couple of weeks up here in North OC (mid range) with decent, fairly early opening bids that stick and actually sell. The others have been about the same. It makes me think the banks have been in a standoff, and BofA is taking the first shot.

    KeithM | May 4th, 2010 at 8:38 am

  5. “The others have been about the same”

    I meant this to mean “The others have not picked up in activity”, not that they are the same as Recon.

    KeithM | May 4th, 2010 at 8:56 am

  6. Sound like the banks would give loans out to anything that breathed…

    Colleen | May 4th, 2010 at 3:52 pm

  7. If I gave you the impression that banks are back to EZ-lending, let me correct.

    It hasn’t been this hard to get a mortgage since 2002, but it’s because we’re back to the basic underwriting guidelines that were always in place, just ignored for years.

    Jim the Realtor | May 4th, 2010 at 4:52 pm

  8. JtR – get out of the bike lane! i ride carlsbad blvd all the time!

    Petra | May 4th, 2010 at 9:58 pm

  9. I love these seconds that are much more than the full purchase price of my house.

    Also, who the heck needs 6,200 square feet anyways?

    Geotpf | May 4th, 2010 at 11:38 pm

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