Carmel Valley REO Trail

by | May 26, 2011 | Bubbleinfo TV, Carmel Valley, Market Conditions, REOs for sale | 11 comments

Chase owns the first house in this video, and they tend to the best at pricing – especially with their WaMu assets.  IndyMac owned the second house pictured, and they’ve been fairly aggressive too:

11 Comments

  1. JimG
    JimG on May 26, 2011 at 9:50 pm

    Full disclosure we have asked the city 5 times now to turn the water on and they keep claiming it’s on but they are too lazy or incompetant to go back to the property. Thanks for the field inspection Jim, guess I’ll be hauling water there in the morning. Can I publish the Sentrilock log here and we can speed dial the agents to see who can’t hold it?

  2. John N.
    John N. on May 27, 2011 at 5:04 am

    Did you blow through a stop sign on the way to the second property? Haha. Also, are you filming while you drive? Seems dangerous. Glad I do not live in southern California–way too expensive.

  3. François Caron
    François Caron on May 27, 2011 at 7:15 am

    It’s videos like these that make me glad we can’t transmit odors across the Internet just yet.

  4. Susie
    Susie on May 27, 2011 at 8:09 am

    *Chuckle* You know Jim, we believe you when you say it stinks, you don’t always have to prove it…

  5. LM
    LM on May 27, 2011 at 12:23 pm

    No HOA or MR fees????? That makes up for all 3 toilets having that status.

  6. College Joe
    College Joe on May 27, 2011 at 4:38 pm

    Do you think that that house at the end was just given away (below market price)? Apparently not….but it kind of reminds me of this one Jim did:

    http://www.youtube.com/watch?v=g6fhJUcFyr0

    where the lady pays $1.8 million, got a loan for 400K, and then sells it for $1.1….which was a lowball offer. Obviously they do care what they get, but on the other hand it’s kinda like “well honey, let’s just knock 10-20% off what we want to get” and get out of town?

    I just wonder why they do that. Well maybe the reason is that’s what the market will pay….but why not try to counter that? That’s what I don’t understand.

  7. College Joe
    College Joe on May 27, 2011 at 4:42 pm

    Or more than 20% on some of them. $1.8—–$1.1. No big deal.

    $620,000 is pretty cheap for CV, but whoa those power lines! Geez. Do you know what it closed for?

  8. Keith
    Keith on May 27, 2011 at 9:39 pm

    Thanks for the visual on the toilet, Jim!

  9. chrisanthemama
    chrisanthemama on May 28, 2011 at 9:03 am

    It’s Jim-TMI-TV!

  10. Darden
    Darden on May 28, 2011 at 9:13 am

    If this house is sold for anything near $500,000, someone needs to have CV’s water tested for possible mind-altering substance. Those multi electric power poles and multi lines are pratically in your living-room.

  11. Jeeman
    Jeeman on May 31, 2011 at 10:06 am

    If you watch the History Channel nowadays, it’s only about people selling old junk.

    If you watch JtR TV, you get a automobile lesson, a foreclosure lesson, a remodeling lesson, and a biology lesson all in one 7 minute video.

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