This house was foreclosed on February 4, 2008 when the previous owner owed $435,000. The bank re-sold it to this guy for $285,000, and he put 20% down on 7/10/08 - and by then borrowers had to qualify for their mortgage. Ten months later his NOD was filed, in May...
Year: 2011
More Japan Tsunami Footage
Hat tip to tj and the bear for sending in this rare (only 93 views) tsunami video:
Another Carmel Valley REO
Cliff May Home Tour
The SOHO home tour is tomorrow, Sunday March 27th - for more information, click here: An unprecedented tour of the first homes built in the over 50-year career of Cliff May, known as the father of the American Ranch House. This is a once in a lifetime opportunity to...
Japan Tsunami Video
Seen at Paul K.'s blog - incredible footage of the tsunami as it hits the harbor:
Mello-Roos Impact
The Mello-Roos payments in some of the newer tracts seem outrageous. But is it the compromise some will make to conveniently buy a house? After all, there are some great benefits: For those less-handy, a new house offers the least-likely to have physical problems....
Video of Today’s Market
Remember the old saying, "Enjoy the victories because you know another butt-kicking is coming right around the corner"? This is what I mean - a seven-day journey in pursuit of a hot listing:
Deadbeat Friendly
From HW: Four Republican attorneys general participating in the investigation into mortgage servicing practices wrote a letter to Iowa AG Tom Miller stating that the proposed settlement is too strict. Florida AG Pam Bondi, Texas AG Greg Abbott, Virginia AG Kenneth...
REO Quiet in Carmel Valley
Here is only the fourth detached REO listing this year in 92130:
Gen X Homebuyers
From RISMedia: Generation X—young families and adults ages 31 to 45—are likely to lead the home-buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association of Home Builders (NAHB) in...