Month: April 2012

REO Prices Rising

From HW: National home prices lost ground with declines of 1% over the past year, but REO demand — fueled by enthusiastic investors — showed price gains, Clear Capital said in its April home data index report. Investor demand could be a driving force behind increasing...

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Bombers at Palomar

This footage was taken at what was supposed to be the end of their stay at Palomar Airport, but due to the overcast the planes were grounded - I had hoped to see them take off. AL sent in this Spherical Panoramic Image at http://i-ota.net/B-17JBombardier120126/ They...

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Blog Talk Radio Tonight

I'm hoping that we have the BTR format down tonight - it just took more money! We will be discussing the real estate purchase contract, disclosures, disputes, liquidated damages, specific performance, REOs/short sales, MERS, and other general legal topics relating to...

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Short-Sale Guidelines

We've complained that the board of realtors has no short-sale guidance or enforcement. Well, now they do.  The North San Diego County Association of Realtors (NSDCAR) created a task force of local realtors who wrote a guideline package entitled, "Short-Sale Practices...

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Davidson Arista 2

With the large tracts of land mostly built out, and the smaller in-fill projects being the only feasible options closer to town, this looks like the future of San Diego homebuilding - catering to wealthy (and typically older) folks with features like smaller yards and...

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Flipped Out

Are the Crosby/Santaluz fees bugging you, and you want a more-reasonable one-story house? Here's the other end of what buyers are experiencing these days. A flipper in La Costa Valley (who just paid $575,100 at the trustee sale) thinks you won't mind this:

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House Stripper

From the latimes.com: An Orange County man who swindled elderly people out of their homes after promising to help them avoid foreclosure was sentenced to 25 years to life in prison under California's tough three-strikes law. Defense lawyers and prosecutors across the...

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