The trustee sales have to provide some fruit someday, right? The more you know about them, the more comfortable you might feel with pursuing a purchase there. Here is a good introduction to buying at the court house steps, done Foreclosureradar.com, and filmed at the...
The $100 million in tax-credit money is holding up OK. If every applicant got the full $10,000, we're about a quarter of the way done, after nine business days: Applications for First-Time Buyer Credit received as of 5/13/2010: As Of # of Applications 57% of the...
Yesterday's article in the U-T suggested that home prices in SD County were rising because the median sales price in 1Q10 had risen 14.7% year-over year. Are prices rising? There will always be occasional lucky sales, and a few lowballs that succeed. To identify a...
We submitted the purchase offer, utilizing the new strategy dubbed, "Tuna Melt": List Price: $2,375,000 Offer Price: $1,800,000, with $100,000 reductions each month. Offer good for 4 months. I always like to include a compelling case to help justify the offer. ...
From the U-T, more hoopla about rising prices: Resale-home-prices-rise-percent-first-quarter-2010 At least this made the cut, although it was the sixth paragraph down: Although San Diego prices rose, they remain far below the peak set in 2005, and some analysts say...
It looks like Bank of America foreclosed on approximately $6 million in loans on the package deal offered for sale in Leucadia. The same agents who sold Magno-Bressy are on this case too, and it seems very casual and soft-sold. Are there dozens of buyers waiting in...
Being a realtor means you get to see things beyond the imagination; some good, some not so good. The worst can be seeing how some people live, particularily those less fortunate. How the previous owner allowed this to happen is beyond me, but she collected the rent...
Zach Fox keeps stirring the pot - where did he learn that? From his SNL blog: On the crucial question of whether underwater borrowers will continue to pay their mortgages or walk away, Luigi Zingales, a professor of finance at the University of Chicago Booth School of...
When you see things changing behind the scenes, you can't help but think that it might be worth waiting a bit longer to see what develops - will there be bigger, better REOs later?
The new Zillow advertising program is out, here's the description sent by email: The Zillow Premier Agent program is a powerful set of new features that connect Zillow's home buyers and sellers to an elite group of agents. You can dominate your ZIP code, get more...
