Already on the market for $2,295,000: http://www.sdlookup.com/MLS-120037445-604_S_The_Strand_Oceanside_CA_92054
Junior’s House
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Month: July 2012
MERS Wins Again
This should be the end of challenges to MERS. From HW: One of the more popular claims made by homeowners suing the Mortgage Electronic Registration Systems, or MERS, failed to get passed the California Court of Appeals this past week. In the Taasen v. Family Lending...
$150,000,000
Thanks to daytrip who sent this in from the real estalker: ...from Lenny Lemmetellya, an unimpeachable source deep inside the Platinum Triangle real estate game, the lavish and downright legendary Los Angeles (CA) estate known as Owlwood is quietly being shopped...
Stale & Bleak
As summer winds down, the only listings left are those that have been picked over - and the majority have been kicked around for months. Here is the rundown of the current active listings of detached homes from Carlsbad to La Jolla: REOs - 10 Short sales - 30...
Fast Help For Realtors
Hat tip to T&W for sending this in from dsnews.com: Rep. Jerry McNerney (D-Stockton) recently introduced a bill to speed up the short sale process by requiring subordinate mortgage lien holders to make a decision on a short sale within 45 days. McNerney’s bill...
Lowball Time Yet?
To be able to land a successful lowball, it would be nice if the frenzy would die down a little. While it seems like the market should be cooling off, you hear about ones like this in an area where those without a view are under $1,000,000. How much did the previous...
Quad-Amputee Smart Home
We have been following the incredible work being done by the Stephen Siller Tunnel-to-Towers Foundation, and the Gary Sinise Foundation to build homes for amputees coming home from the war. Here is their latest project:
Thinking of Refinancing?
Hat tip to shadash for bringing this up, and to Kingside for the clarification - from CAR: New Anti-Deficiency Protection for Refinance Loans Made After January 1, 2013 Starting January 1, 2013, a new California law will protect homeowners who default on their...
Trashing Home = 270 Days in Jail
From the nctimes.com: For crimes associated with trashing their foreclosed Winchester home, a former San Diego police officer and his wife each received a sentence of 270 days in jail and five years on probation. In rendering the sentence, Judge Mark Mandio at the...
Removing Canaries
If you had a big enough family and entourage, you could really blow through some dough these days. Or maybe this is purely a strategic default?
