With a few other goodies in between:
La Jolla View
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Month: February 2012
New Loan-Mod Plan
Hat tip to Stormin for sending this in, and who said, "we gotta do something":
Mortgage Fraud in SW Carlsbad
These houses sold for $1,200,000+, and those listed there now are trying to get mid-$700,000s: (Source: FBI) - United States Attorney Laura E. Duffy announced that Simon Saed Alizadeh was arraigned in federal court in San Diego today on an indictment charging Alizadeh...
San Diego Foreclosure Filings
Are the local foreclosure filings starting to rise? The San Diego County foreclosure activity is meandering along with some recent pick-up - at least it's not going down! Whether it's by short sales or foreclosures, please end the free-rent program!
Depends How You Report It
From yesterday's latimes.com: Foreclosure activity in the U.S. in January declined 19% from a year earlier, according to a report by RealtyTrac of Irvine. Despite the drop in foreclosure filings — from the default notice that begins the foreclosure process to the...
Cream
I like Moon and Bonham as much as anyone, but check out Ginger Baker in this clip: From wiki: Cream made a significant impact upon the popular music of the time, and, along with Jimi Hendrix, they popularised the use of the wah-wah pedal. They provided a heavy yet...
Foreclosures Slowing
From CoreLogic: Completed foreclosures for all of 2011 totaled 830,000 compared with 1.1 million in 2010. In December 2011 there was a month-over-month decrease in completed foreclosures to 55,000 from 57,000 in November 2011. The December 2011 completed foreclosures...
Carmel Valley REO Cheapie
There are a few listings around Carmel Valley that came out hot this year.....but haven't sold. Will buyers snap up the less-expensive offerings, in spite of a flaw or two? Or will they wait? The REO in this video may not be a perfect test, because it's down around...
Option-Arm Update
Below is the update posted by the Journal about the option-arm MBS, which are back in favor. The blogosphere had declared the option-arm recasts as the final death blow to the mortgage crisis, figuring that once the new and much-higher payments kicked in, foreclosures...
Another Contest Winner!
The other contest was the La Jolla Shores bidding war that garnered 18 offers! https://www.bubbleinfo.com/2012/01/11/bidding-war-contest/ They had the goofy 'no offers for 0-7 days', and then the 'owner-occ offers only for 8-14th day' policy, but the bank let it run...
