Love this little tidbit that was tucked in at the end of the article:
‘Aged’ Foreclosures
by Jim the Realtor | Aug 8, 2017 | Foreclosures/REOs, Jim's Take on the Market, No-Foreclosure as Banking Policy | 3 comments
by Jim the Realtor | Aug 8, 2017 | Foreclosures/REOs, Jim's Take on the Market, No-Foreclosure as Banking Policy | 3 comments
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
A Black professor who studies housing discrimination had his house appraised: $472,000.
He then did a “whitewashing experiment,” removing indications of Blackness, and had a white colleague — another professor — stand in.
The appraisal? $750,000. https://nyti.ms/3QVJP4P
My peers.....this is what we do when the market goes soft!
Minnesota broker Kris Lindahl has filed suit against Canada-based RE/MAX broker Rob Golfi for using his signature 'open arms' pose, seeking undisclosed damages for trademark infringement. https://inmn.io/3PJKAwV
It looks like his neighbors paved over history too.... Pink Floyd guitarist David Gilmour to sell controversial $18.1M home https://nypost.com/2022/08/16/pink-floyd-guitarist-david-gilmour-to-sell-controversial-18-1m-home/?utm_source=twitter_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons via @nypost
So that means… people have been living in homes… homes in which they pay no rent, or mortgage payments… since 2008.
And I imagine they’re sitting in their back yard, soaking their feet in their inflatable pool, laughing, while occasionally pausing to light up their Marlboro Mentholated cigarettes with one dollar bills. “You gotta be in it, to win it,” they lecture to their friends. “No risk, no reward,” they say, as they flip their pre-cooked Costco barbecued ribs over on the mini-cooker. The one they acquired after dad died.
Ahhh…the infamous shadow inventory mystery revealed!!
Is that before or after the next crash?