OC Renter is BACKKKKKK..........he contributes the follow-up story on the previous post. The folks from Simi Valley who are trespassing in their former home have an interesting hobby. Every holiday season they produce a massive light show in the front yard of the...
Year: 2010
Owner or Bando?
Hat tip to jp for sending this along, excerpts from Housingwatch’s article: The Earls, who admit to having fallen behind on their mortgage at one point due to a loss of income in Danielle’s business, say that they were working with the bank to catch up on their payments. However, she says, whenever they made […]
Housing Trends of Future?
From the OC Register - Lansner on Real Estate: The Register asked for 10 ideas of what life would be like in 10 years. The future of housing from Marji Knitter, president of real estate planners The Moote Group in Santa Ana … 1. You’ll buy your next home at Costco,...
San Diego Foreclosure Report
From Sean at www.foreclosureradar.com: Five major lenders made announcements last week that they would be suspending certain foreclosure activities in various states. These lenders included Ally (GMAC), JPMorgan Chase, Bank of America, Litton and PNC. While this...
Encinitas DT Condos Get Closer
I'm imagining that the cheapest unit will have to be an apartment-style, 2br/2ba and about 850sf in the back of the complex where you'll get trucks rumbling below, and the trains behind you? For around the mid-$300,000s? I think there will be takers at that price...
Barratt Back from BK
From the U-T: Barratt American, headed by Michael D. “Mick” Pattinson, filed for bankruptcy in 2008 when it lost its $125 million line of credit for numerous housing projects, including some in San Diego County. Pattinson and his partners have restarted the Carlsbad...
Auction=Getting Sellers to Commit
Would you buy a house through an auction? The auction format would reduce the chances of shenanigans taking place. In today's market, with short sales growing and manipulating agents causing more suspicion, a pure shot at buying a house would be appreciated. I think...
SD Market Called ‘Conservative’
From the RE Channel: Looking for a conservative residential real estate market in which to invest? Local Market Monitor Inc., a 20-year-old, Cary, NC research and consulting firm, has updated its previous rankings and posted the 10 best and worst markets. Tulsa,...
John Lautner
Anti-Deficiency Law Passed in CA
Originally, the Governor vetoed the first anti-deficiency judgement law, SB 1178, which had been passed by both the Senate and Assembly of California. But rather than arm-wrestle, they submitted SB 931, both houses passed it, and the governor signed it on October...