Yesterday these comments were made a few posts back by potential buyers: So, for me this translates into “not going to overpay, no way no how.” I guess the issue is how long I can hold out, eh? Qualified and ready to go, but extremely frustrated and not going to drop...
Hat tip to Ross and Local Boy, who sent this in from CNN/Money.com: NEW YORK (CNNMoney) -- Renters beware: Double-digit rent hikes may be coming soon. Already, rental vacancy rates have dipped below the 10% mark, where they had been lodged for most of the past three...
After no new assignments since June - boom, nine REO listings sent to JtR in 2011 - here's #9: Hopefully there might be a day where I get one that's right up your alley!
Excerpts from the latimes.com and dataquick.com: Southern California's housing market couldn't shake off the doldrums in February despite record demand from investors and all-cash buyers. The median home price increased 1.9% in February from January to $275,000. That...
The youtube tour of the other modular home recently erected in Carlsbad:
The foreclosure numbers aren't growing yet - we're all convinced that they'll be dripped out for years to come, right? The push towards loan mods and short sales enables all participants to drag out the inevitable, and it's probably not going to change. In San Diego...
An excerpt from the latimes.com: One viable option, however, is the FHA 203(k) rehab mortgage. This is the Federal Housing Administration's rehabilitation mortgage. It has been a hot ticket for investors who are picking up distressed properties because it allows them...
From Businessweek.com: More than one in five borrowers in the U.S. are underwater; collectively the shortfall is about $751 billion. Nationally, homeowners whose mortgages have been modified without a principal reduction are up to twice as likely to re-default as...
If you want to be south of the 56 freeway in Carmel Valley, 92130, and don't want to back to power lines, this is a fairly typical million-dollar offering these days:
