Ever thought about building your own house? Here is the first video on vacant-lot sales:
Month: October 2009
REO Nights
Stop the whining. You should be grateful for the opportunity to spend hours driving around in the middle of .....well, um...Hellhole Canyon: I mentioned the business opportunity because the pot-house video a few months back generated more calls from buyers than all...
Historic ’66
These new REO listings in the Covenant should help loosen up the stand-off between buyers and sellers in the Ranch. When checking the sales in 92067, 92091, and Fairbanks, you could say sales have been a bit stagnant. In 2005 there were 253 houses that closed escrow...
Best of Jim TV
It's a busy day today so here's a sampling from the "best of" series, the most-viewed video in the collection - over 20,000 views! This was filmed in December, 2008 when it listed for $579,000 - it eventually closed for $485,000 in April, 2009. Since then there has...
+/- $100,000
This video was shot a couple of weeks ago in North Solana Beach, down by the tracks between Rios and Cedros. The listing hit the MLS yesterday, priced at $899,900 on a street where expectations are much higher - the other three active listings are all over $2...
Homebuyer Tax Credit
From CR, here is the summary of what's on the table: Income eligibility for first-time home buyers stays at $75,000 for individuals, and $150,000 for couples. For move-up buyers, income eligibility is $125,000 for individuals and $250,000 for couples. There is a...
Hot in Spots
Though I get the feeling that the market is cooling down, the good buys are still in demand. This one in ER listed ridiculously low at $989,000, when you consider that the last two similar REOs on the golf course both listed for over $1.2 million, and one already...
New Mortgage After Foreclosure
What about those former 'homeowners' who suffered a hardship - when will they be able to get a mortgage again? How long do you have to wait before being eligble for a new Fannie Mae mortgage? If the borrower has 'extenuating circumstances', then these time periods...
Prices Rise Again?
In this hyped-up headline-grabbing world in which we live, those who just glean the headlines will think the real estate market is back in order. This from Reuters: U.S. home prices in August rose for the fourth straight month, surpassing forecasts and providing the...
Shower Remodel
Looking to expand your choices? Consider buying a fixer! They always cost more than you think, and the aggravation is worse than expected, but doing a few repairs or remodeling may be a way to turn a sow's ear into a silk purse! Check out these three OSHA rejects:...