On the tax rolls, it looks like they facilitated a short sale without having to put the house on the open market - there were no previous listings in the MLS:
Water Feature
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Flips
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:
Run-Of-The-Mill
Once you get into the tonier parts of town, anything goes these days:
Accidental Flipper
There isn't anything here that the seller or agent did to warrant a big increase in value - yet buyers are willing to pay at least 10% more only 1-2 months later?
Short-Sale Cannibalism
Sent in by an anonymous flipper. Fifteen percent of this year's NSDCC sales have been round-tripped: We’ve purchased a couple at trustee sale recently where the “comps” are all short sales and REO’s. Typically it’s never a problem getting 5 – 10% more than a...
Tom Tarrant Show on Monday
Tom is coming right along on his major remodel in Bay Park - the photo at the right was taken since Friday's video (click to enlarge). Tune in Monday night, February 13th at 8pm when Tom joins me on Blog Talk Radio right here at bubbleinfo.com. We will be discussing...
Solana Flip
Pro flippers increase the purchase price on their trustee deed when recording it. According to foreclosureradar.com, the winning bid on this house was $1,014,000. But when you look at the tax rolls, the recorded trustee deed says $1,114,000. It's done to narrow the...
8 Offers in December!
Listen to JtR cast seeds of doubt. P.S. We won the bidding war! Map here:
Reasonable Old Spanish
An Old Spanish-style flipper between Kensington and SDSU - MAP. I hate when they are active when I leave, and pending when I return, which is what happened here:
Painted Lady Closed
The Painted Lady closed today - for full price, $499,000 VA. We knew that the buyer was fully engaged in the house (just by paying the full pop), but like we saw in Diana's article, agents and sellers never know if you have a sale until the inspection is completed. ...
