The loan on this house was $3,500,000, and the house next door has a loans for $4,800,000. (The same doctor owned both) Next door is for sale for $2,750,000.
Del Mar Mesa REO
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Year: 2010
California NODs Up 16.6%
From HW: Notice of default filings in California rose for the fourth-straight month in August climbing another 16.6%, according to ForeclosureRadar, which also began issuing data on foreclosure rates in four more states and unveiled new search functions on its web...
Yet No Perp Walk For Angelo?
From reoi.com: A Raleigh, N.C., real estate speculator pleaded guilty to conspiring to rig bids at real estate foreclosure auctions in eastern North Carolina. The charge and subsequent guilty plea is the first in an ongoing federal investigation into fraud and bidding...
Another La Jolla REO
Thanks to Jeeman for the suggestion!
Price Declines Depend on REOs (?)
Nick at the WSJ.com has an article (click here) about how the flow of foreclosures will drive pricing in the the real estate market. Some excerpts: Regulators relaxed mark-to-market accounting rules, giving banks more flexibility in valuing certain real-estate assets...
Regular
Here are homes-for-sale in the $300,000s and $400,000s:
La Jolla
The market in Rancho Santa Fe, 92067 has been been fairly stagnant lately, with only ten closings in the last 30 days (four in the Covenant), with 282 active listings. How about La Jolla? The detached-listing stats for La Jolla's 92037: Listing Status # of $-per-sf...
NYSTY
From http://newyorksaysthankyou.org/ - thanks MB! On November 1st, 2003, five-year-old Evan Parness, while watching the news with his father, learned of the devastation of California’s worst firestorm in the state’s history. Wide-eyed, this young boy told his father...
Marilyn Monroe’s
Marilyn Monroe's old house in Brentwood just sold for 7% over list price. “Urged by her psychiatrist to 'put down roots,' she had found the house and bought it—all by herself. She had liked the house and took a trip to Mexico to look for furnishings and fabrics. She...
You Might Be Surprised?
The second house shown here went pending today.
