Year: 2010

Auction.com

Selling homes using the auction format has great promise, mostly because when they are done right, they eliminate a lot of the fluff and uncertainty.  Buyers just want to buy a good home for a decent price, and the wrong-pricing-and-wait-for-a-miracle listing program...

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Contemporary in Athens, Greece

The architect's description: The monolithic volume creates two front-conditions: a curved one along the street and a planar one towards the private garden. From the outside the building has an austere, almost monumental character. Inside, plan and section work...

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Cage Cleaned

From the latimes.com: The sale of Nicolas Cage's onetime Bel-Air estate, which the actor lost to foreclosure this year, has all the makings of a Hollywood blockbuster. There was hubris, bad taste and a dizzying fall from financial grace. The closing scene played out...

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Mission Hills Old-Spanish

This Richard Requa-designed house sold for $990,000 in 2001, and then for $1,550,000 in 2004. The buyer completed the downstairs project, which added about 1,000sf. Then in 2006 he resold it for $3,100,000 on what looks to be an AITD wrap, where the new buyer put down...

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Foreclosure Hunger Strike

From msnbc.com: One Baltimore homeowner has found a way to make her message resonate across the nation, and also get her into the office of Maryland Gov. Martin O'Malley.   Unlike many homeowners who are facing foreclosure, Lauren Rymer has been steadily employed...

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Who Gets the Cheese?

Excerpts regarding the fed/state plan for principal reductions, from latimes.com: The most controversial part of the program, and the one most difficult for banks and investors to sign on to, dedicates $790 million to principal reduction. This would write down the...

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Adverse Possession

From nytimes.com: Save Florida Homes Inc. and its owner, Mark Guerette, have found foreclosed homes for several needy families here in Broward County, and his tenants could not be more pleased. Fabian Ferguson, his wife and two children now live a two-bedroom home...

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