This youtube video is a scouting tour of houses that have dates scheduled for their trustee sale. The loan-modification era is wrapping up, and either you got one by now, or your lender is going to be left with no other choice but to foreclose. More and more...
With home buyers concerned about safety and costs, swimming pools have lost appeal in recent years. The house pictured shows the worst offender - the pool that takes up the whole backyard. There's an opportunity for flippers here - buying houses with old pools, do...
Most buyers struggle to find a quality realtor to assist them in buying a house, and it's the realtors' fault. The national, state, and local associations are so adamant about protecting the new agents and giving everyone an equal chance, that they provide no help...
The salespeople at the downtown Oceanside condo project reported that they sold all 29 units at the auction on Sunday, with every one of them going for more than the opening bid, some substantially higher. If that leaves you scratching your head, it may be because you...
The Union-Tribune has Dataquick's June, and 2Q09, foreclosure data in this article: http://www3.signonsandiego.com/stories/2009/jul/23/sd-county-foreclosures-soar-66/ Hopes that a recent rise in San Diego County home prices would signal an end to the housing slump...
We have a winner of the contest to guess the number of detached sales in 2Q09: This morning's number is 5,886 - Genius, congratulations, you won the tickets for six box seats at the track! Here were the guesses: Guess Guesser 4,850 T 5,250 tj and the bear 5,323 Al in...
This tour of San Elijo Hills includes a house sold in March by one of the Lopez Brothers, who ran Century 21 Eldorado. The Mortgage Fraud Blog has a good summary of their specific fraudulent acts:...
Let's review some of the foreclosure theories of today's world. BUNK #1 - Banks are holding back properties. In San Diego's North County Coastal region, there aren't many REOs not on the open market. The video tours you've seen over the last few days covers almost...
You'll hear in this tour of Carlsbad REOs that banks are dropping the opening bids at the trustee sales to at, or below, market prices, and they are still going back to bene(ficiary). In the video I lay out the game plan for buying direct at the trustee sales, which...
Here are more from the shadow tour, two REOs in Rancho Santa Fe plus one in Encinitas on Ocean View, next door to the REO that just listed for $1,299,000, and closed for $1,325,000. Both sold originally for $2,300,000: Carlsbad has a lengthy tour coming up next.
