REOs for sale

Sizzling Penasquitos

As of tonight, this REO is still marked as an active listing. Yet the agent responded with the typical supreme confidence that permeates the business these days. He sent this via a text message, "Sorry, but you're way too late to this party.  We had 30 offers. The...

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1.43 Acre REO

Maybe the banks will start helping with our inventory problem. It looks like the former owner of this house on Crest stopping paying in 2009, but BofA just foreclosed on January 11, 2013.  Hopefully it's because the bank senses an opportunity, and we'll see more REOs?

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Free Ocean View?

Free Ocean View?

The last sale of this model closed less than a month ago, and was $10,000 higher than this list price - so could you call this a free ocean view?  It's probably not worth much more than that, because you have to stand in just the right spot to see it.

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