Hat tip to Kingside for sending this along, from the WaPo: Iowa Attorney General Tom Miller, who is leading foreclosure settlement negotiations with the nation’s largest banks on behalf of all 50 states, abruptly removed New York Attorney General Eric Schneiderman...
Year: 2011
Low Appraisals?
Hat tip to daytrip for sending in this article from Reuters about the alleged appraisal problems. These people need to buck up and get a life - low appraisals are the realtors fault for not supplying enough good comps to justify the price: When Sean McGowan signed a...
Can-Kicking
Another example of how the REO business is working. This took 5+ months to get to market (it was assigned to us on March 11th), and it still doesn't look very appealing. If the banks were taking a while because they were spending the right money to fix them up to...
Follow-Ups
Whatever happened to some of those previous posts we saw? It's good to go back and see what sold, and for how much, to see if there are any deals being had out there. Here are some results from April/May posts.: 5855 La Jolla Mesa, La Jolla 4 br/3.5 ba, 3,225sf WaMu...
San Diego Housing Commission
Will Carless continues his investigative report on how the City of San Diego is blowing millions: In late 2008, as foreclosures flooded the local housing market and the nation's economy hovered on the brink of meltdown, the San Diego City Council scrambled for ideas...
Razor Auction
From Channel 10: An architectural marvel that has become one of the most photographed homes in the country is now on the auction block. The 11,000 square foot home dubbed "The Razor" is hollowed out from the cliffs over Black's Beach. It boasts floor-to-ceiling glass,...
Casual
A great sampling of Del Mar Heights, and there aren't many that have the view/statereserve combo:
Take A Chance?
All builders are required by law to give a 10-year structural warranty on their new homes, which usually causes new-home buyers to let their guard down. While it is prudent to get quality representation when buying a new house - in these cases, it's imperative:
Delinquencies and Defaults
Whatever happened to investigative reporting? Today's story on cnbc.com about rising delinquencies includes the same lightweight quotes from another ivory-tower guy, and if you just read the headline it sounds like the sky is falling again. In the text it says that...
Shadash Buys A House!
It's true, shadash has closed escrow. He bought the house featured here, and another example of how people have utilized the convenience of our video tours to assist them with purchasing a home. I am going to ramp up our video production, and put them on a separate...