BofA hasn’t sent any REOs my way in over six months, so hopefully they lost my number. But if Shadash and I start a band, we might have a name – and we’d be grrateful that it all started here:
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
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
Another 18 days?
Looks like a good buy. I didn’t catch the location but seems decent.
I really want to say, “That’s the ugliest house I’ve ever seen.” However, I happen to know that there are in fact uglier houses just from your videos.
OT ~ Real Estate Tales from Potato Land: I heard this story on the local news this morning and googled to find this article from KBOI2 online: “Clerical Error Causes Foreclosure Attempt”
BOISE, Idaho – Imagine living in your home and making your mortgage payments each month but still face the prospect of foreclosure.
It’s happening to Donna Lee of Boise.
She bought the home back in June of 2008 and has been living here with her son ever since. But now, the developer has filed for bankruptcy. His bank, Intermountain Community Bank contracted Pioneer Trustee Services to foreclosure on his share of the development. The problem is there is a mix-up in the paperwork.
“The only thing that is wrong is the plat’s legal description which currently shows unit 4 and should be unit 3. This whole operation is wrong and it’s unjust and I just want to get it corrected. That’s the only thing in trying to do this is to get this corrected so I can live in peace,” Lee said.
All stakeholders are now aware of the situation and are working to fix the mix-up. Lee’s attorney said he hopes an agreement is reached to avoid further legal action. For now, Lee is able to stay in her home, but until the plat is fixed, she’s uneasy about the situation.
“I just got a 30 day extension but the property was supposed to be for sale to the highest bidder on November 29th. So I have until December 29th and it’s going to be sold. That’s why I’ve been packing up and i don’t know where to go. I have everything invested in this property and I’m just scared to death,” Lee said.
UPDATE: Donna and her lawyer went to court two days ago. The Judge wanted Donna Lee to pay $5,000 to stop the foreclosure, but she doesn’t have the financial means to pay it. Her lawyer is now filing papers to stop Intermountain Community Bank from selling the property as the 30-day extension (from 12/2) has nearly expired.
There are ongoing discussions with the bank, but so far they have been “unsatisfactory”–per her lawyer–as their solution is to let Donna Lee move into another condo with less square footage in the same development.
I ponder whether she bought extended title insurance, and if that would have protected her.
Now back to the best real estate blog on the planet with videos to match…
I guess you could rent it out to section 8’ers.
that house needs lots of work and landscaping badly.
Paint, carpet, fence work, total detox and you might be able to breath in there.
Didn’t catch where it was located.
I say 150K as is.
Speaking of Section 8- what budget item does that come out of? Any chance of it being cut?
LM – Section 8 is federal, not state. However, with the new Congress full of fresh TEA Party Republicans, I’d be unsurprised if major cuts where made to any and all safety net programs serving the poor and unemployed.
Although, I’ve also heard a lot of speculation that they will talk a good game but in the end focus their attentions on defunding bigger fish like environmental programs and the new health care laws.
Sell it to a reputable flipper. They’ll fix the place right.
Agree with Francois, that one is a perfect flip.