All of these have their trustee-sale date scheduled in the next couple of weeks. The last two houses are active short-sale listings, the gray house on 4th is listed for $2.195, and the oceanfront house has its short-sale approved for $2.86 million - but no takers....
Congratulations to Nathan, the winner of the Chargers playoff tickets! He guessed there would be 8,457 active listings of attached and detached homes on the MLS. https://www.bubbleinfo.com/2009/09/22/tsunami-needed/#comments Today there are 8,608 active listings!...
For those who were on vacation last week and are interested in trustee sales, we did an informative trilogy with Adam Rappoport. Click here to start at the beginning, and scroll up from there - and read the comments, Adam was very candid in responding numerous times!...
Here is a collection of typical tract houses around Carlsbad that help illustrate the market in motion. I mis-spoke, the second house sold for $1,019,000, not $1,190,000. The house that just got foreclosed on Corvidae had an approved short sale, and was ready to close...
Nov. 24, 2009 WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced that the company has launched several initiatives supporting neighborhood stabilization and promoting home purchases by owner occupants and buyers qualifying for public entity housing programs. To...
Here's a flipper who was foiled in the act. A realtor had listed this house in June, noting that it was a short-sale flip in progress. They had arranged (conspired) with the seller to submit to the existing lender a short sale package at a lower price, and then listed...
At least here people have to contribute to others to help themselves - from latimes.com: http://www.latimes.com/business/la-fi-habitat27-2009nov27,0,6797289.story Unfortunately, for low-income families, even deeply discounted foreclosures are out of reach because of...
Adam has been gracious in sharing his time and experience about buying at the court house steps, and flipping properties for profit, the least we can do is keep an eye out for him. It'll be easy to dismiss this one because of location, but this is where you'll see the...
The final installment of our three-part series with Adam Rappoport, talking about buying properties for cash at the trustee sales on the court house steps:
Here's a guy who had poured his heart out for years on the blogs without obligation, just trying to help people. He deserves to be recognized as a team player first, then as a flipper showing the way:
