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...
Buying at Trustee Sale
More Review of REO Listings
When considering buying a trustee sale, you have to wonder, is it better to buy after the property goes "back to bene"? With inspection contingencies and title insurance included on a regular sale, the risks are lower, but you will probably have the burden of...
More Around Town
Traffic report, tour of the court house steps, a flying rat, and the old standard:
More Trustee-Sale Buying
They have to do something, right? As servicers receive more and more REOs, they have to be discussing their options: 1. Use the trustee sales as a primary liquidation channel to off-load more properties quickly, cheaply, and without recourse. 2. List the habitable...
Flippers Galore
There have been more discussions lately about pursuing homes at the trustee sales. Here is an interesting chart stolen from http://effectivedemand.blogspot.com/ The percentage of homes being purchased by third-parties, rather than going back to the banks, has risen to...