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  1. No_Such_Reality_IHB

    What Would You Do?

    As NewportSkipper said. The more interesting question is, what if there is no out of State job. You're here, staying here, stuck with that $900,000 mortgage on a house now worth $700K. Hopefully you're already down about $200K of down payment. Perhaps you own this <a...
  2. No_Such_Reality_IHB

    "4 weeks and then all hell breaks loose"

    Only one thing will solve this dispute. April 2010.
  3. No_Such_Reality_IHB

    Foreclosure and distressed property topics

    I'll look for it to come up on a flip then. I'm assuming the buyer is an investor. Just curious on the condition of the flip due to the sale price being both substantially below NTS amount and a fair chunk below current market. $530K on what was a $1.1M house in mid-2006 is a pretty...
  4. No_Such_Reality_IHB

    Foreclosure and distressed property topics

    Any of the foreclosure hunters on the blog know anything about 2305 Half Moon Ln, Costa Mesa, CA that sold in the middle of August to a 3rd party at auction? That's East Side, large new built homes (2005-2006 builds). I see a last sale in 2006 for $1.1M I see an NTS of $977K on a...
  5. No_Such_Reality_IHB

    "4 weeks and then all hell breaks loose"

    My data comes from ForeclosureRadar, like the others. Those sellers waiting it out are another form of shadow inventory, but as long as they don't have to sell, then they're not inventory at all. They're counterbalanced by the buyers, many on this blog, sitting it out, waiting for prices...
  6. No_Such_Reality_IHB

    South Corona/Lake Elsinore help

    Oh, and don't forgot to Google Map your drive and show traffic. You can adjust the time to match your commute. I think yellow means average of under 30 MPH. RED is under 15 MPH. Black and Red = stop and go but mostly stopped.
  7. No_Such_Reality_IHB

    "4 weeks and then all hell breaks loose"

    One last tidbit, to date for August in 92656, ten (10) have been sold at the courthouse auctions to 3rd parties. How many are investors? I suspect all. So for foreclosures, that makes 10 scheduled for Monday, 14 back to the bank, and 10 to 3rd parties likely to quickly show up competing for...
  8. No_Such_Reality_IHB

    "4 weeks and then all hell breaks loose"

    That would make 18 sales. Likely better than the foreclosures that go to the bank. I'll watch the ten on Monday and see what the disposition is for them. At 18 sales, it's on pace with REOs. Maybe slightly ahead maybe slightly behind. August has had good sales to date. July was the best...
  9. No_Such_Reality_IHB

    "4 weeks and then all hell breaks loose"

    Of the 125 Foreclosure listed in ForeclosureRadar, only 37 on your list appear. The following 28 on your list are not part of the FR list. 31674 Chaparral Way 53220 Ambridge St 9 Del Fiore 16 Via Palmieki 16 VIA PALMIEKI 15626 Vista Way 100 45027 Altissimo...
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