Makarov asked what I thought about the latest fraud bust in Carlsbad detailed below. 1. I'm glad to see realtors and mortgage brokers going to jail - they deserve it. Hopefully it will also prevent others from committing crimes in the future. 2. These people were...
All buyers are sitting on the hotsheet, waiting for new listings - and when they hit, there is an early rush to check them out. It happens a lot these days that when you come across a hot new listing, there will be other people will be there looking at it too. What...
For those who have a critical eye, compare the new and old cameras. Video + still shots at end:
From MND: The current vice president of the Hells Angels' Sonoma (CA) Chapter has to serve a year in jail and pay $130,000 in restitution to SunTrust Mortgage for his role in a mortgage fraud scheme. Josh Johnson pleaded guilty in December 2011 to wire fraud....
An aborted project on the La Costa Resort - a professional might be able to whip this into shape:
From dsnews.com: Beginning June 15, real estate agents working with distressed homeowners whose loans are backed by Fannie Mae and Freddie Mac should expect to receive a decision on a short sale offer within 30-60 days. The GSEs issued new guidelines Tuesday that fall...
Yesterday Ocrenter (who I appreciate for continued contributions!), left this question: So what is the theory behind the dried up inventory? –the foreclosure pipeline finally drying up –short sales tying up most of the distressed properties –homeowners are avoiding...
From the City News Service - seen at Encinitas Patch: The deadline to ask for a property value reassessment is April 30th, San Diego County Assessor Ernie Dronenberg noted Monday. Property owners who believe the value of their holdings has dropped below the current...
What to make of the recent JtR videos? 1. Inventory is so thin I am having trouble finding houses to capture. 2. Alomost every single video here has something to do with my on-going business - you can figure that JtR probably has something cooking nearby every house...
