Here is a report on the seller-assisted down payments, where the seller donates an amount of money (equal to the buyer's down payment) to a "non-profit entity", who then gifts it to the borrower. From NMN: WASHINGTON-It was well known inside HUD that a special...
Year: 2009
Proposition 60
from the U-T: Greg and Sandra Seyler thought they were doing everything right when they bought a home for retirement in Alpine last year and then sold their Santee home earlier this year. Greg, 54, who earns a living washing windows, and Sandra, 56, a dog trainer,...
The Big Discombobulation
SB/Ency Tour
More select North SD County coastal properties on the foreclosure rolls - hoping to get to all 3,900 of them! The last property on this clip listed today for $2.329 million:
Coming Attractions
With resale inventory so limited in the coastal region, we could sure use some new product:
Lucy+
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Foreclosures Down
from sddt.com: Notices of default and trustee deeds fell a combined 22 percent in November from October. Data from the San Diego County Assessor showed trustee deeds -- the last step in the foreclosure process -- dipped 17 percent from October to 1,128. Year over...
Panel Discussion
Last night was the third annual panel discussion of real estate at UCSD, put on by the Financial Executives Networking Group of San Diego. About 60 people attended. The panel consisted of Bruce Norris, Alan Nevin, Gary London, and a certain part-time blogger. Here...
Crazy Suzy
hat tip to the Leucadia Blog for sending over Suzy's story, plus they mentioned the Encinitas Extreme Home Makeover house in foreclosure too: http://www.theleucadiablog.com/2009/12/encinitas-monster-house-and-extreme.html...