Hard to feel sorry for the rich folks on this street...hat tip daytrip! LINK Thanks to a little-noticed auction sale, a South Bay couple are the proud owners of one of the most exclusive streets in San Francisco — and they’re looking for ways to make their purchase...
From the wsj.com: LITHONIA, Ga.—On a muggy morning earlier this month, Paul Fuhrman pried the screen off a window to get into a two-story house in this Atlanta suburb. It was just another day's work for the 43-year-old executive at private-equity firm Colony Capital...
Hat tip to clearfund for sending this in, from businessinsider: Foreclosure buyers, the trash collectors of the housing industry, have been raking it in. An anonymous foreclosure scout recently described the "ins and outs, all the dirty tricks, blatantly illegal...
A good primer on trustee sales by Sean O'Toole, founder and CEO of foreclosureradar.com. He shows trustee sales at the SD Court House, but they have since moved to the Scottish Rite.
From Lily at the U-T: A ban on foreclosure auctions outside the downtown San Diego Superior Court has forced those who conduct them to two other areas that already host such transactions, a spokesman with a trade group that represents trustees said Monday. The ban,...
A reader noted that yesterday was an active day for trustee sales. But unlike last month, when I got snookered into thinking something was afoot, I went right to the auction.com website. Yep, yesterday they conducted their latest installment of 'trustee sales by...
Hat tip to shadash for sending this along, from the nctimes.com: San Diego County court administrators will end the decades-old practice of selling foreclosed houses on the courthouse steps in downtown San Diego on Aug. 31, administrators said Monday. Trustee sales,...
Hat tips to Jakob and Gene for sending this along from sfgate.com: Investigators look into whether there is collusion among real estate speculators involved in the courthouse sales. Foreclosure auctions take place every weekday on the steps of courthouses throughout...
Hat tip to SM who sent this along from Marilyn at the ocregister.com: A two-story house on the Seacliff Golf Course in Huntington Beach is the worst example of “malicious vandalism” of a foreclosed home that a top Realtor for bank-owned properties says he’s ever...
Sean, our Los Angeles correspondent, files this report: Jim, Up here in LA it looks like BofA/Countrywide just threw the foreclosure machine switch back to the “on” position. The number of Recontrust properties with opening bids set for tomorrow’s trustee sale...
