From Mortgages Blog: Here in Florida, the Foreclosure State, we thought we'd already cataloged every genus responsible for this plague on all our houses, from the predatory lenders to the oblivious robosigners and rocket dockets to the no-mod-for-you bank Nazis. That...
Sales might slow down just because so many of the houses have issues:
Pemeliza suggested that sellers might be better off staying put and locking in a low interest rate now, rather than reduce their list price. Shadash added that sellers should look closer at the other houses for sale, and price competitively (I'm paraphrasing). Should...
From sddt.com: A unit of Hartford-based Cornerstone Real Estate Advisors has paid $58 million for the 111,403-square-foot Bressi Ranch Village Center along Gateway Road in Carlsbad. The center was purchased by Cornerstone’s Regency Bressi LLC Partnership, and handled...
New tracts are more concerned about holding on price, and waiting - a plan that usually takes a couple of years before selling out. I think we'll see more and more sellers try a similar program. They'll list during the selling season - at their price - and if a...
From HW: Government programs aimed at refinancing mortgages for homeowners in negative equity are plagued with disappointing results, long-shot legislation and growing conflicts among regulatory agencies. As of May, 2.1 million mortgages sat somewhere in the...
Manzanita Trail next door had combined the homes with zero-lot-lines and regular detached homes in the same tract, and have sold all but a couple of their 187 homes available. They have split the concept now - Hampton Lane's 114 homes will all be the zero-lot-line...
From the examiner.com: San Diego homeowners who are considering a short sale of their troubled properties can rest easier today after Gov. Jerry Brown signed into law Senate Bill 458. The new law broadens previous short sales laws. The previous law allowed...
You wouldn't have trouble finding people who wanted to hang out here - can you make money doing it? The first youtube commenter suggested the artist studio, and asked about the lot size - 4,791sf.
Thanks to the several people who sent in this article, from CNNMoney.com: In this latest twist on short sale fraud, scammers have found a way to rip off mortgage lenders by tens of thousands of dollars -- sometimes in a matter of hours. The scam artists, usually real...
