Thanks to KCM for providing this report: According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought...
REOs Coming to Market
‘End of Forbearance To Be A Non-Event’
Health, unemployment, stairs, taxes, finances, politics.......selling your home is becoming the answer for everything! More than 2.5 million American homeowners have stopped paying their mortgages, taking advantage of penalty-free forbearance periods offered by...
Oceanside Beach Bank-Owned
A rare Bubbleinfo TV trip to the beach area west of Coast Highway in Oceanside to see this very unique custom home that is a three-time loser - it was foreclosed in 1994, 2007, and February, 2017. A buyer paid $1,500,000 for it in 2005, got foreclosed, then purchased...
San Diego County Tax Sale
An online auction to sell real estate? Maybe it will catch on! Gone are the days of the quick talking auctioneer, paddles and shouted bids. Today, San Diego County Treasurer-Tax Collector Dan McAllister announced he is moving the annual property tax sale auction...
NSDCC Foreclosed Properties
For those wondering if there will ever be any more bank-owned properties for sale, here is the list of 38 houses between La Jolla and Carlsbad that are owned by lenders, or 3rd parties who purchased them at the trustee sale: NSDCC Foreclosed Properties July 2015 A...
Hitler’s Zillow
The Zillow take on the old Hitler classic:
Carlsbad REO Contest
Usually WaMu would have a REO agent do the normal routine - vacate, paint, and then list the home on the open market for just under retail. The bank has already foreclosed - but instead selling of the old-fashioned way, they chose to make it an auction.com exclusive...
Glimpse of the Shadow Inventory
Here is a video tour of a few houses in the shadow inventory - ones that are bank-owned, but not listed for sale, but presumably coming to market at some point. Yes, you could consider the 412 SFRs on the NOD and NOT lists as part of the shadow, but who knows if they...
Working the REO Trail
The value of this one hasn't changed much since the beginning:
CV REO Trucking!
A preview of the next entry on the JtR REO Challenge Tour: