WaMu is getting a jump on the new year, they foreclosed on 1/3/2011:
Covenant REO in the Works
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REOs Coming to Market
The Last Roundup
BofA hasn't sent any REOs my way in over six months, so hopefully they lost my number. But if Shadash and I start a band, we might have a name - and we'd be grrateful that it all started here:
3 REOs +
Another day in San Diego, including a drive-by of the beach where Junior ran off the road.
Less Patience
Not every short sale in progress is getting the benefit of the doubt - servicers are dropping the hammer here and there. Will it turn into the trend?
Del Mar Mesa REO
The loan on this house was $3,500,000, and the house next door has a loans for $4,800,000. (The same doctor owned both) Next door is for sale for $2,750,000.
List Low and Go!
Do you care to take a guess at the eventual sales price on La Cucharacha? If it sells fast enough, and the Padres can hold on, the closest guesser will receive a couple of playoff tickets!
All From Public Records
This one may not be here for long:
Foreclosures Direct
This sounded like a big move: Eric Friedman is leaving his post as senior vice president of default servicing for OneWest Bank, formerly IndyMac, and will become president of PREO, an online marketplace for REO and short sales. Friedman, who held leadership roles...
Keep Hanging?
When you see things changing behind the scenes, you can't help but think that it might be worth waiting a bit longer to see what develops - will there be bigger, better REOs later?
Tango Uniform
Things didn't quite turn out for the builder of that last RSF estate. Here are the others they built - all four pictured here were foreclosed: http://www.kachay.com/luxury_custom_homes/for_sale.htm Still trying to figure out the goalpost-thingy!
