Month: February 2011
Haves and Have-Nots
From the latimes.com: Cash talks. And it's speaking loudly in California real estate these days, even in the nicest parts of town. All-cash buyers grabbed a record 30.9% share of the Golden State's houses and condos in January as low prices lured investors and others,...
McBox
This Aviara tract house was foreclosed February 8th, and when we went by the first time there was a BMW in the driveway. Boom, less than three weeks after the trustee sale, it's vacant and on the market:
Principal Reductions
From HW: Thirteen of the 20 largest mortgage servicers participating in the Home Affordable Modification Program have begun principal write-downs, according to Laurie Maggiano, director of policy at the homeowner preservation office inside the Treasury Department....
Home Staging
High efficiency is the name of the game - my youtube on staging a home to sell:
Bressi Model Open Sunday 12-3pm
It might surprise you to hear this, but I'm a competitive guy. There's nothing I like more than a good old-fashioned open house derby - going head-to-head with another realtor in the same general vicinity. Especially when my listing is the cheaper house. This will...
County Tax Sales
From the sddt.com: The San Diego County Treasurer-Tax Collector’s office is scheduled to auction off hundreds of tax defaulted properties next month. Treasurer-Tax Collector Dan McAllister announced Friday that 469 tax defaulted properties are scheduled to be sold at...
Magnolia Estates Update
These guys made a killing on this project - they should have re-couped all of their initial investment plus cost to finish the houses by now, and still have six lots that are free and clear. It also means that other potential bidders didn't think they could be...
Shot Across Bow
From HW: Any potential settlement U.S. regulators reach with large mortgage lenders and servicers to modify loans and pay $20 billion or so to help borrowers underwater on their mortgage will do little to help the already fragile market recover, according to Bank of...
Razor
The Razor House, still listed for $25,000,000, from above - by our friend Murph! (starts at 1:08-min mark): Paragliding at the La Jolla mansions on my old yellow glider from mike murphy on Vimeo. The making of the commercial shot at the Razor: The photos: Constructed...
