For those who were on vacation last week and are interested in trustee sales, we did an informative trilogy with Adam Rappoport. Click here to start at the beginning, and scroll up from there - and read the comments, Adam was very candid in responding numerous times!...
Tired of the cookie-cutter tract houses everywhere you go? Come to Olde Carlsbad!
Let's catch up on some of the properties featured here in the past, leaving out the house numbers to protect the innocent: Anza REO, Vista, 92084 2 br/2 ba + extras, 1,492 sf on tax rolls SP: $470,000 10/04 LP: $132,900 10/09 SP: $163,000 10/09 all-cash 65% below...
You've probably been able to follow where the blog is going - the all-out battle for product. If you're a realtor and can't figure out how to bring fresh inventory to your buyers, what good are you? Anybody can monitor redfin or sdlookup, can you duke it out in the...
In the previous post, we saw that second mortgage holder Bank of America was willing to take nothing now, and allow the first lender to foreclose - rather than accept $10,000. Let's examine the possible reasons why this happened. 1. Banks are stupid - a crass...
Remember this fixer near the Back Gate in Oceanside? One of our blog readers ended up buying it, unrelated to this video's appearance here on July 1st: In the meantime, other flippers have been busy in the area buying REOs and fixing them up to sell - here are other...
There are 261 single-family homes in Encinitas/south Carlsbad (92024,92009, & 92011) on the auction + REO lists. Here is what they look like on a map, not including NODs: Let's add in the 212 NODs:
from sddt.com There are five cities in San Diego County that experienced an increase in property tax revenues in the fiscal year ending in June 2009 despite the county’s assessed value being down 2.3 percent overall. Del Mar, Coronado, Solana Beach, Poway and...
Hat tip to Tom for sending this along. Sean at foreclosureradar.com has published his latest report: https://s3.amazonaws.com/CA_Foreclosure_Report/September+2009+CA+Foreclosure+Report.pdf Excerpts: With 90,365 properties in inventory, banks currently carry about 4.77...
Add these stats to the first clip in the video: His year-to-date SP:LP ratio is 102%, and his re-sale listings are averaging 10 days on market: jm-stats-2009
