Homes that were foreclosed back in the day have been re-selling - and someone you know just happens to have an extensive video library! The original purchase price for this McMansion in Chula Vista was $1,301,500 in 2007, but got foreclosed 20 months later. The bank...
California used to lead the nation in exempting mortgage-debt relief from taxation. But the latest extension of that law was defeated, leaving short-sellers and those being foreclosed in a prickly position - do they hang in there now? The reason the bill died is...
Just one more rerun before Kayla introduces our new listing tomorrow night. This is the 7th most-watched video on Bubbleinfo TV, and is a greatest-hits tour through the REO-listing days. In April, 2008, the Bank of America had dumped twenty of their REOs in my lap,...
Those who were wrongly foreclosed won't get their house back, but the courts might make the banks throw around some more free money. http://www.latimes.com/business/la-fi-foreclosure-ruling-20160302-story.html Excerpts: During the bust that followed last decade's...
As a new year begins, there has to be people wondering how much longer the market can stay buoyant. Even with rates staying low, home buying is out of reach for many, if not most San Diego residents, and wages don't seem to be going up much. Is the bubble going to...
The foreclosure movie '99 Homes' is out - here is the review from Variety: http://variety.com/2014/film/festivals/venice-film-review-99-homes-1201293206/ Here is what the sfgate.com had to say: “99 Homes,” a gripping, intelligent thriller set amid the bursting of the...
A big shout out to the commenters on Thursday's 10th Anniversary Show - your involvement is appreciated! Rob Dawg suggested that the next ten years will be more interesting - indeed! What about the next ten years? Let's start with identifying where buyers are today -...
Hat tip to daytrip for sending this along: http://www.vice.com/read/this-former-bank-regulator-quit-his-job-to-fight-for-his-house-518 Eric Mains is fulfilling a dream many Americans have had since the onset of the financial crisis seven years ago: He's attacking...
The foreclosure rate of loans originated over the last few years has been LOW! If the strict underwriting continues, we will only see an occasional foreclosure from now on. We'll be telling our grandkids about how back in the day there was this guy who ran a...
