Here's a tour for those wanting a peek inside what most women would call the "cute" beach bungalow, built in 1928:
Bungalow REO – Interior
read more
Month: November 2009
Tricklin’ Down
Speaking of contests, we have a pair of Chargers playoff tickets riding on the amount of homes for sale on December 1st. In December, 2008 the average amount of homes for sale was 15,116. On August 11, 2009, the total amount of active listings was 11,457. On September...
Finding Our Way
Cielo, a gated community at the edge of Rancho Santa Fe, has struggled to build sales momentum. There are 26 active listings (this house is number 13th on the list), ranging from $1.595 to $7.999, and five contingent/pending listings currently, but only seven have...
More Review of REO Listings
When considering buying a trustee sale, you have to wonder, is it better to buy after the property goes "back to bene"? With inspection contingencies and title insurance included on a regular sale, the risks are lower, but you will probably have the burden of...
Beach Cottage Contest
The REO tsunami dripped another drop today, I was assigned this property whose trustee sale was just last Thursday, November 12th. The former owner was from Newbury Park, which, according to wiki, has the highest median prices in Ventura County, and among the most...
Housing Tax Credit Summary
For those looking for the latest on the housing tax credit, the WSJ has a good summary: http://online.wsj.com/article/SB10001424052748703808904574529512997057836.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsSecond The highlights: Q: If I buy a new home and live in it, do I...
Guaranteed-Sale Program
The corporation recently spent under a billion dollars conducting an exhaustive scientific research and quantitative anaylysis project to construct a fool-proof state-of-the-art cutting-edge guaranteed-sale program. This plan is so thorough and exhaustive that...
Re-Calibration Gauge
Calibrate def. to make corrections in, or adjust a procedure or process. I don't know if re-calibration is a word, but I'll use it to describe what realtors have had to do over the last few years. It wasn't enough to just make corrections or adjustments to our...
No Bulk For You
Having trouble finding those bulk purchases? You're not the only one, from NMN: Stan Kurland, the former Countrywide president who hoped to make a killing by purchasing distressed mortgage assets at bargain prices, is facing a cold reality that's thrown a monkey...
More Short-Sale Negotiations
My dear freinds at Piggington are discussing the house in Leucadia listed for $1.3 million, http://piggington.com/more_high_end_devastation_in_encinitas and people are probably wondering why it hasn't sold. Is it the reluctance of buyers and agents to buy a short...
