A few months back after this house was foreclosed for the second time, I went by and found a door open, and peeked inside for a quick look. There has been workers there ever since, so hopefully we'll see it back on the market at some point - and maybe get an...
from Paul M., at NMN: The business of brokering residential loans has enjoyed a good run — about 25 years by most measurements — but now there are increasing signs that not only are these third-party salesman facing a bleak future, but that they have no future at all....
From sddt.com The number of notices of default and trustee deeds filed in San Diego County in September fell for the third consecutive month. The county assessor recorded a 4-percent drop in notices of default (NODs) from August. The 2,795 NODs filed were the fewest...
Every journey back starts with the first step....
First the house on the corner sells for $1,100,000, gets foreclosed, and closes a year ago for $719,000. Now this one, and the short sale next door are having trouble selling, in spite of the view:
The L.A. Times' Ken Harney wrote this article on the study of homeowners with good credit histories intentionally defaulting on their mortgage: http://www.latimes.com/classified/realestate/news/la-fi-harney20-2009sep20,0,2560658.story An excerpt: * Strategic defaults...
From CNNMoney.com: There was another tick-up in home prices in July, a further indication that housing markets may be stabilizing, according to a report issued Tuesday. Prices for the S&P Case-Shiller Home Price index of 20 cities rose 1.6% from a month earlier,...
Reader Susie sent in an article from msn.com called "10 things your real estate broker won't say", which first appeared on smartmoney.com as one of their regular '10 things your ________ won't say' series. Because the original only had seven comments, and msn.com's...
For those who want to take advantage of the $8,000 tax credit, time is running out - unless of course, it gets extended.......which doesn't appear to be a slam dunk, because of that pesky little problem of having to pay for it too. Should the tax credit not get...
Hat tip to Rick for passing this along: http://www.politico.com/news/stories/0909/27448.html An excerpt: By the end of this month, Senate Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.) is expected to unveil new legislation along the lines...
