Back in the old days there were 100-500 foreclosures per year in SD County: We've already had 1,504 properties get foreclosed in the first half of 2013, so historically we're still at elevated levels. But with the county averaging 3,000+ total sales per month, lenders...
Foreclosures
Deadbeat Tax
I am expanding the team to provide a wider range of services, and in particular, to work the f-list more effectively. Here's one off the list today:
Yunnie Coming Around
At the Washington Realtors’ legislative hill day this year we had an opportunity to hear from the National Association of Realtors’ chief economist, Dr. Lawrence Yun. Dr. Yun spoke about the improving real estate market in Washington state and his optimistic outlook...

Zombie Title
From Reuters: Joseph Keller doesn't expect he'll live to see the end of 2013. He blames the house at 190 Avondale Avenue. Five years ago, Keller, 10 months behind on his mortgage payments, received notice of a foreclosure judgment from JP Morgan Chase. In a few weeks,...
SWAT Foreclosure
IDAHO SPRINGS - A two-county SWAT team was sent to a home in Idaho Springs to evict a 63-year-old woman. The eviction happened last Tuesday, according to Captain Bruce Snelling with the Clear Creek County Sheriff's Department. "Usually an eviction doesn't call for a...
Trustee-Sale Competition
The number of SD properties foreclosed in 3Q12 were less than half of the number of foreclosures in 3Q10, but the ratio of third-party buys compared to those going back to the beneficiary has been changing. Two years ago, 76% of the trustee sales went back-to-bene,...
Foreclosure Spike is Positive
Diana is finally coming around to believe what we've been saying all along. From cnbc.com: After months of declines, the foreclosure numbers are going up again. Foreclosure starts, the first phase of the process, rose 9 percent in May month-to-month, the first...
Foreclosures Slowing
From CoreLogic: Completed foreclosures for all of 2011 totaled 830,000 compared with 1.1 million in 2010. In December 2011 there was a month-over-month decrease in completed foreclosures to 55,000 from 57,000 in November 2011. The December 2011 completed foreclosures...
Bid-Riggers
From HW: Three Northern California real estate investors agreed to plead guilty to forming a conspiracy to rig bids at foreclosure auctions, the Department of Justice Financial Fraud Enforcement Division said Thursday. Charges were filed in the U.S. District Court for...
Spread Getting Wider
Think it's been crazy so far? Between sellers getting more optimistic, scamming realtors low-balling short-sales everywhere, and bank clerks hoping to find the 30-day price from hundreds of miles away, it could get wackier!