Today's youtube video tour of a house that was overbid at the trustee sale:
Trustee-Sale Action
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REOs Coming to Market
Drought Is Over (?)
The foreclosure flood has begun......well, it starts with a drop, right? I was assigned another REO from Bank of America today, and while I'm glad to see that I'm still on their roster, they must be trying to teach me a lesson - the last two were in Pala, now another...
Tsunami Report
Thanks to SJ for sending this along, authored by Sean at foreclosureradar: http://www.foreclosuretruth.com/blog/sean/waiting-catch-wave-surge-reo-listings-unlikely Sean: For a number months now I've been telling reporters and others that I didn't think we would see...
Luxury REO Tour
The first two properties featured are already bank-owned, and the third has their trustee-sale date bearing down on them - and we're not fooling around with subprime crackerboxes anymore: Most of the defaulters I have spoken with claim that they are just doing a loan...
Fallbrook Modular
Here's the youtube video on the Fallbrook REO. Turns out that this house has been vacant for months, which happens more often than I would expect - not everyone is working the free-rent program. List price is undetermined at this point, but it'll need to be sharp,...
Tour of Shadow Inventory
Are there a bulk of bank-owneds that are being held off the market? A review of the tax rolls looking for detached homes owned by Countrywide, Cwabs, Bank of America, Bank of New York, US Bank, Deutsche Bank, Wells Fargo, Downey, and First Franklin found that there...
