It looks like Bank of America foreclosed on approximately $6 million in loans on the package deal offered for sale in Leucadia. The same agents who sold Magno-Bressy are on this case too, and it seems very casual and soft-sold. Are there dozens of buyers waiting in...
Barratt is the owner of the lot that's designated for the low-income house. The reason it's just sitting there is because they are in bankruptcy court, which has to wrap up sooner or later. Bank of America doesn't have anything to do with the lot being highlighted,...
These have an auction date scheduled over the next few weeks - demonstrating what you can expect from the foreclosure list. At the end of the video there's a mention of stats for the Carmel Valley to Carlsbad regional market. During the first four months of...
You've seen every house on the market, you think the new listings are pathetic, and you keep wondering about those bank deals on the court house steps. Eventually JtR's going to have some video showing that it can be done. If I'm willing to risk it, what will roughly...
Eric at the North County Times mentioned the increase in Bank of America notices of trustee sale being sent out. Click here for link to full article. The notices went to 230 homeowners in North San Diego County, a 69 percent increase from February. Wow, will there...
This footage was taken in December when both houses were for sale. The agent had told me that he would submit our offers of $1.2 each, that is until a female agent said she'd submit the same, and he forgot all about me. Later he raised the prices to $1.5 million...
A number of good things to report in this youtube video: 1. Bank of America knocking 50% off the balance owed for their opening bid! 2. Bank of America not settling for just any old short sale package that gets delivered (hopefully). 3. More decent-quality Covenant...
The foreclosure activity around Carmel Valley, Del Mar, and Solana Beach has been sluggish, to say the least. The numbers of SFRs on the auction lists are low, and they're filled with loan modders and current short sellers. With only a handful getting foreclosed...
We could use some good old-fashioned market clearing - maybe this is a start? JimG brought it up, and our friend Effective Demand has charted the increase in Bank of America foreclosure activity for Southern California - recently their number of auctions has spiked:...
