We already saw the first ride out to determine occupancy, now that the locksmith has come by and changed the locks, somebody has to verify that there is 'personal property' like the locksmith said. Video Trip Two, to east Valley Center: My task is to take photos of...
Month: September 2009
REO Love
The N.A.R. has a thing called 'Center for REALTOR Technology' which apprarently has been on a 14-month journey to find the most inspiring agents who use technology: http://blog.realtors.org/crt/2009/09/16/the-spotlight-is-plugged-in-finalists/ Fifth on the list of...
700+ Flippers
There is a clamoring for "deals". Over the last twelve weeks there have been 785 trustee sales where a bidder purchased the property, rather than it go "back-to-bene". There were probably a few of the 785 that were bought by an owner-user, but we can probably guess...
More Data!
Altos Research, a real estate statistics company from the Bay Area, has agreed to let us use their data gathering and reporting for specific zip codes in the North SD County Coastal region.It might take a rocket scientist to make sense of it, but if 'Market Action...
My Clients on DIY Channel
My clients Josh and Betina showcase their Carlsbad home on the DIY Network: http://www.diynetwork.com/indoors-out/southern-california-master-bath/index.html Nothing puts stress on a new marriage like inadequate bathroom space, so contractors/school-of-life therapists...
Selling the BV REO 1
Once assigned an REO from B of A/Countrywide, the first task is to determine occupancy. Let's go by for a preliminary look of 1070 Buena Vista in downtown Carlsbad, about 100 yards west of the I-5 freeway:
CRE Trouble
hat tip to BB for sending along this article, from the FT: http://www.ft.com/cms/s/0/4040006c-a2f9-11de-ba74-00144feabdc0.html?nclick_check=1 The Federal Reserve is reviewing banks’ exposure to commercial real estate, the troubled sector whose slide poses a risk to...
Home Maintenance Costs
A decent bit of advice for homebuyers in this N.Y. Times article, 7 tips for first-timers: http://www.nytimes.com/2009/09/12/your-money/mortgages/12money.html "Mr. Stearns estimates that owners of a newer home that do some work for themselves but contract major work...
Here Come The Gargoyles
Susie asked about the $8,000 tax credit, and CR was ablaze with 300+ comments yesterday after this article appeared in the N. Y. Times: http://www.nytimes.com/2009/09/16/business/16home.html?_r=1 Joseph and Chassity Myers are among the two million buyers eligible for...
More Stupid Stuff Video
More from the cutting room floor - where it probably should have stayed. The beginning shot is of a brand new house in Vista that has sat vacant all year, looking for $3,700/month. You can bet its owner thinks the economy is really bad!