There are very few quality REO listings around the 92130 – the houses tend to be ones that aren’t worth keeping. If there are homeowners struggling to keep up with their payments, they would be smart to short sale in the next few months, because the exemption from debt-relief taxation expires at the end of 2012:
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024
- (858) 997-3801 call or text
CA DRE #01527365, CA DRE #00873197
New post (Bubbleinfo's 16th Anniversary) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2021/09/24/bubbleinfos-16th-anniversary/
My mom's house sold for way over asking price. Found out Zillow bought it. They really are snatching up all the homes for ridiculous prices. The closing attorney said they do a closing ever hour for Zillow. Just their office alone. That's wild.
They’re starting to cash out at levels not seen since since the 2007 housing bubble..... Americans cashing out as home equity hits record $9.1 trillion https://www.inman.com/2021/09/08/americans-cashing-out-as-home-equity-hits-record-9-1-trillion/?shr=SmltIEtsaW5nZQ