Monday, February 8th, 2010 at 11:14 AM
Hang in There!
Another round of postponements today, but hopefully this youtube will keep you in the hunt:
Monday, February 8th, 2010 at 11:14 AM
Another round of postponements today, but hopefully this youtube will keep you in the hunt:
Monday, February 8th, 2010 at 7:21 AM
San Diego County defaulted properties (thanks foreclosureradar!):
Sunday, February 7th, 2010 at 9:28 PM
Wrap-up on Carlsbad f-list properties – La Plancha did postpone to next month:
Friday, February 5th, 2010 at 11:10 AM
There are 10,387 properties on the SD County auction list, but only 193 have hit the court house steps here in the first week of February. Postponements of trustee sales are the norm, but if a few of these in this video hit the court house steps, their pricing, and bidder-interest, should be very interesting.
The third house in the video was offered on the court house steps for $471,337, but no takers, so back-to-bene. They listed it for $563,000, and it closed for $601,000:
Thursday, February 4th, 2010 at 9:37 AM
Let’s take a look at a possible trustee sale coming up in Carlsbad.
The property is right on Tamarack – the house is a 1,080sf tear-down on a 30,492 sf lot, which is roughly 117 ft wide, by 275 ft. deep.
First determine what is the highest-and-best use. Look at the neighbor across the tracks in the photo; would it be best to follow his lead and build the family compound here?
Or complete the former owner’s vision, and build out his approved plans calling for 13 condos?
Here’s the youtube tour:
Monday, February 1st, 2010 at 6:22 AM
More touring of properties on the foreclosure list, plus sunset in Del Mar:
Sunday, December 27th, 2009 at 8:36 PM
If you’re interested in buying a house at the trustee sales, it would be smart to see them in person. But there are so many properties on the list that we want to help you narrow it down by showing them to you on the internet first.
Here’s an example of a video preview of a house that has had it’s trustee sale postponed since August. Eventually time is going to run out on the probable loan-mod attempts – the next trustee-sale date on this house is January 14th:
I can help you review and track those on the f-list!
Sunday, December 27th, 2009 at 10:08 AM
Nick asked,
“Jim where can you find up to date info on trustee sale dates and houses involved for the San Diego Area?”
Foreclosureradar.com has been the most efficient website for us, because they keep it updated – changes are usually recorded the same day.
You can access our free version of it at the top-right corner of this blog, at “Foreclosures”.
If you want more specific data on each property, it’ll prompt you to send an inquiry, and we’ll ship you the full package. It’s done manually and I’ve gotten behind and missed a few in the past, but we’re on it now.
If you wanted to spend $50 per month, you can get full access by subscribing directly to foreclosureradar.com.
Here are the 469 SFRs on the auction list with a sale date coming up in the next 45 days between Carlsbad and La Jolla (link below).
North SD County Coastal SFR Auction List Dec 27th + 45 days
Cardiff = 21
Carlsbad = 204
Carmel Valley = 43
Del Mar = 14
Encinitas = 98
La Jolla = 53
RSF = 21
Solana Beach = 15
Even if you don’t want to buy all-cash at the court house steps, this list makes for a good reference point – if you are thinking of buying a specific property, you should search nearby streets for other looming foreclosures that are in the works.
Let’s also note that in the same area there are 3,785 SFRs that are on the NOD list too. It’ll be very interesting to see how many actually get foreclosed or cancelled in 2010!
Monday, December 14th, 2009 at 10:58 PM
The bank may be exempt from disclosure and is selling “as-is”, but the flippers and agents are obligated to disclose all known defects.
Flipper paid $945,000 on 11/18/09 at the ’steps, and re-listed for $1,395,000 to $1,495,000: