If my last two experiences exemplify their strategy these days, then Bofa has abandoned the idea of fixing them up to get top dollar:
Cheap As A Strategy
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Year: 2011
The Safe House
Are you worried about security? Check out the Safe House, in Warsaw, Poland: “The most essential item for our clients was acquiring the feeling of maximum security,” begins the designers’ website in the summary of the structure. The house was designed so that the...
Coronado Condos
There are still markets where sellers are ignoring the obvious, and hope to keep values afloat. Some have held up remarkably well.....at least for now. Here's an example:
Double the Trains
From the nctimes.com: Surfers and other pedestrians routinely trespass as they cross rail tracks in Encinitas. By next fall, they could have a safer option. The California Public Utilities Commission approved plans Thursday for a $4.5 million underground pedestrian...
Fresh REO
I hope we can be your foreclosure channel - here's one that listed this afternoon:
Hide and Seek?
The photos of this REO look decent with the upgraded kitchen - but it unravels from there:
National Prices Not Rebounding
Hat tip to MG for sending this along, from HW: Home prices double-dipped in April, dropping 0.7% below the previous low in March 2009, according to analytics firm Clear Capital. Prices first reached a new low in California in March. But in April national prices fell...
Another Settlement Brewing
From msn.com Local governments have been complaining for years that foreclosed homes are a blight on cities and counties, and that banks that take back homes often fail to maintain them. The California General Assembly is even considering a bill that would fine...
Fannie/Freddie Alternative
Hat tip to SM for sending this along, from Reuters: WASHINGTON (Reuters) – A bill to create a new market for financing mortgages that would help wean the $10.6 trillion mortgage market off government support advanced in the House of Representatives on Tuesday. The...
Tips for Home Sellers
From CNNMoney.com: Selling your house? It's not enough to show buyers your house is a deal: You have to convince them it's a total steal. That means slashing your price, bringing in a pro to pretty it up, and creating a killer website for your home. Here's how to do...
