Year: 2010
MERS Summary/Proposals
Hat tip to SS for sending along this article that reviews the MERS debacle: http://www.opednews.com/articles/1/FORECLOSUREGATE-by-Ellen-Brown-101009-711.html Here is the second half of the article: The clever designers of these vehicles tried to have it both ways by...
Quality REO
Not all the foreclosures have the appliances tore out of them, or have other major damage. This should set the pace in the Covenant for the rest of the year, at $414-per-sf:
Think They’re Giving it Away?
Wonder what it is like trying to get a deal these days? Wouldn't you think that the agents must be going out of their way to sell their listings? Not in NSDCC - most listing agents just want to whip you into shape. Rather than go to the trouble of having my clients...
More on New Chargers Stadium
From the voiceofsandiego.org: In the midst of a dramatic all-night budget negotiation, Sacramento lawmakers slipped in a bill that would give the state's approval to raising the cap on downtown San Diego redevelopment to support construction of a new NFL stadium. The...
Foreclosures Halted (Again)
By now you may have heard that Bank of America has suspended foreclosure sales in all 50 states. The start date is October 9th, so more facts may be forthcoming, but so far this is all we know: “Bank of America has extended our review of foreclosure documents to all...
Guest Post: OCRenter
Between time restraints and fewer good stories available, we'll take it easy in the beginning - hopefully there will be more posts. If you have a specific lead or idea that you'd like OCRenter to explore, leave it in the comment section, or email me. Here we go -...
Carlsbad Pendings
Throughout the North San Diego County Coastal region, home sales have been remarkably resilient. Here are a few in Carlsbad that have been marked pending recently - we'll watch the closings too:
Keep Moving, Nothing to See…
From cnbc.com: WASHINGTON - A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage processors is awaiting President Barack Obama's signature after it quietly zoomed through the Senate last week. The...
Del Mar Fairgrounds Being Sold
From the U-T: The city of Del Mar has struck a preliminary agreement with the state to buy the fairgrounds and fabled racetrack there for $120 million, according to state and local officials. The deal was reached behind closed doors and only came to light after...