Hat tip to Doug for sending this mention in businessinsider.com about these two articles: OSAKA, Japan — Like many members of Japan’s middle class, Masato Y. enjoyed a level of affluence two decades ago that was the envy of the world. Masato, a small-business owner,...
Month: October 2010
Carlsbad New Tract, Plus
Walt wanted my take on the former KB Home tract in southeast Carlsbad (see below). The last three minutes are free-wheeling about the market in general:
Leftovers
Busy Week For Train Wrecks
Hat tip to OC Renter for sending along another episode of Michael Pines, foreclosure-chaser: A Newport Beach man was arrested Wednesday after an attempt to regain possession of the home he claims his family was wrongfully evicted from 16 months ago. Rene Zepeda, 72,...
The Boxy Look
Could this catch on? Cattani Architects have designed the recently completed Cité A Docks student housing project, located in Le Havre, France. It consists of 100 apartments made out of old shipping containers: To ensure maximum heat and sound insulation, the walls...
Bando Follow-Up
Eric Wolff has done a good job covering the story about Michael Pines, the foreclosure-chasing attorney. Here's a link to the initial story about former owners breaking into their old home in Escondido on Tuesday:...
The Impervious Tan
Towards the end, Angelo was cashing in $17,000,000 worth of stock options every five days, and he practically walks scot-free. From the nytimes.com: Angelo R. Mozilo, the former chief executive of Countrywide Financial, once the nation’s largest mortgage lender,...
Costa Rica Custom
The residential project is located in the central Pacific zone of Costa Rica, near the national park Manuel Antonio, Quepos. To carry out the project in hand with nature, an area was chosen on the property that was clear of trees to carry out the construction of the...
ForeclosureGate, Ground Zero
Hat tip to DS for sending in David Streitfeld's article from the N.Y. Times: DENMARK, Me. — The house that set off the national furor over faulty foreclosures is blue-gray and weathered. The porch is piled with furniture and knickknacks awaiting the next yard sale. In...
Title Companies Have Recourse
Are the title companies in trouble for insuring robo-signed REO sales, or MERS-related transactions? Kingside said, "Not if the sellers are using grant deeds". Here's the definition: grant deed n. the document which transfers title to real property or a real...