In the confidential remarks of the listing, the agent notes that "the seller reserves the option to waiting to respond to offers up until April 15th". As a result, buyers may hesitate on this one (Peak urgency is usually around Day Four of the listing period).
From HW: Bank of America will begin a new pilot program in the next few weeks, allowing some California homeowners to receive a principal writedown on their mortgage. The program will be funded from the $699.6 million the California Housing Finance Agency received...
The next Case-Shiller reading is coming out tomorrow, and you can bet that the MSM will be screaming double-dip all day. Because the C-S index will be reflecting the Nov-Dec-Jan numbers, it'll be dated for those who are thinking of moving today. What is happening in...
Hat tip to SM for sending this along from the nytimes.com: Mr. Engle’s is a tale worth telling for a number of reasons, not the least of which is its punch line. Was Mr. Engle convicted of running a crooked subprime company? Was he a mortgage broker who trafficked in...
Cliff May began designing and building homes in his early-20s, but wasn't licensed as an architect until the last year of his life (1908-1989). He spent his boyhood summers at his Aunt Jane McGee's home at the Los Flores adobe on Rancho Santa Margarita y Las Flores,...
This house was foreclosed on February 4, 2008 when the previous owner owed $435,000. The bank re-sold it to this guy for $285,000, and he put 20% down on 7/10/08 - and by then borrowers had to qualify for their mortgage. Ten months later his NOD was filed, in May...
Hat tip to tj and the bear for sending in this rare (only 93 views) tsunami video:
The SOHO home tour is tomorrow, Sunday March 27th - for more information, click here: An unprecedented tour of the first homes built in the over 50-year career of Cliff May, known as the father of the American Ranch House. This is a once in a lifetime opportunity to...
Seen at Paul K.'s blog - incredible footage of the tsunami as it hits the harbor:
