A few on the foreclosure list in 92008, all are around Tamarack, just east of the I-5 freeway:

Jim Klinge
Klinge Realty Group
Broker-Associate, Compass

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Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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Hazy shade of winter today in San Diego.
Home from the International Builders Show. Here are my three takeaways: 1. The new home cancellation rate has largely normalized; 2. Sales in January crushed expectations; 3. Builders had cautious optimism with many mentions of a head fake
That lady suing Countrywide is crackers. I can’t imagine she’ll get anywhere with that nonsense.
BTW, Happy Father’s Day Jim!
CB,
The “homeowners” intention by suing Countrywide isn’t to win the case. It’s to drag out the free rent as long as possible.
A mortgage = 2k per month
Lawyer fees = 1-2k upfront and can delay the foreclosure process 6 months or more.
Throw in a bankruptcy and sprinkle with a loan mod attempt and you’ve got over 2 years of free rent.
Ordinarily, a logical deduction. Except the owners don’t live there – however, they are presumably skimming some rent from someone. So perhaps you may have something. On the other hand, based on Jim’s previous characterizations of said individual, I still think she’s crackers! 🙂