Let's keep an eye on those properties recently foreclosed - first stop, Carlsbad:
2011 REO Tour
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Month: January 2011
Covenant REO in the Works
WaMu is getting a jump on the new year, they foreclosed on 1/3/2011:
Local Expertise in RSF
This is somewhat awkward because this is another agent's listing, but because I know the builder to be one of the better craftsmen, I want to direct some attention to his work: The house, built in 2010, is 3 br/3 ba, 2,175sf and is in the heart of the village. LP =...
Mortgage Recasting
Hat tip to Trisha for sending along this article by Lynnley Browning in the nytimes.com: Homeowners looking to lower their monthly mortgage payments and also save some on interest may be able to do so without all the hefty fees and daunting credit requirements of...
Foreclosure by Mediation
From the Boston Globe: Even when faltering homeowners and their banks would both benefit by modifying mortgage terms or arranging a so-called “graceful exit’’ from an unsustainable loan, such negotiations haven’t become standard practice — and the arduous foreclosure...
Fixing Stuff
Owning a home means having to fix stuff - there are no perfect houses! Once that reality sinks in, it makes home buying easier - because you begin to see houses for their potential. Knowing that you have competent help available makes a difference. We can get you...
Inventory Update
The inventory of houses around North SD County Coastal has been tight lately, is it getting any better? Here are the counts of new MLS listings of detached homes (includes many re-lists in new year too!) for the North SD County Coastal region, from December 1 to...
SD 2011 Price Forecast: -1.8%
Clear Capital released its monthly Home Data Index™ (HDI) Market Report, reporting a year-over-year national price change in 2010 of -4.1 percent, and expects another -3.7 percent year-over-year change in 2011. The HDI Market Report provides the most current (through...
Bubbleinfo Readers Liz and Mike
I hope we can make this a recurring feature - meeting our fellow bubbleinfo readers, and getting a glimpse of their neck of the woods! Hi Jim, We wanted to get a couple of photos to you with us wearing your real nice shirts, we just love them, Thanks so much. The...
Bidding-War Advice
It probably won't surprise you to hear that there is some gray area in the real estate business. The 10 pages of the California Association of Realtors' purchase contract contains several important paragraphs that specify what you can and cannot do. Agents must not...
