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  1. No_Such_Reality_IHB

    "4 weeks and then all hell breaks loose"

    Lake Elsinore? The place that became a smoking ruin 18 months ago? Let me look, pulling up my agent's tool. I see (most recent updates first): 15329 Oak Tree Drive #100, Lake El, marked Pending accepting backup offers. Listed March for $50,000, updated on 8/6 to $91,000, a last...
  2. No_Such_Reality_IHB

    Waiting to catch a wave? Surge of REO listings is unlikely.

    To sync up with the periodic sale reports online, I've shifted my view to 22 business days ahead and behind instead of the next 30 calendar days. Well, the bad news is, the next 22 business days, Irvine has 296 Auction scheduled. Maybe it's just the ebb and flow of the calendar, but...
  3. No_Such_Reality_IHB

    Waiting to catch a wave? Surge of REO listings is unlikely.

    Bottom is bottom. Nothing is going to change that. The only thing that will stop it is when owning is less expensive than renting and renting is on par with incomes. Almost forgot... Viva la Roja!
  4. No_Such_Reality_IHB

    Waiting to catch a wave? Surge of REO listings is unlikely.

    It's been a depressing night. I've mistakenly been looking through ForeclosureRadar and using Redfin and ListingBook for MLS. ForeclosureRadar, yep, homes I like, or at least have the potential to like. Right range of square footage, right size range of yard, right area, no pools, etc...
  5. No_Such_Reality_IHB

    This mornings blog post made me think..

    I consider myself prudent. If it isn't one of the premier units, I'd take it off their hands for the liability of having to pay the HOA. The HOA is a killer as in investor. They make horrible rentals as the monthly fees during vacancy just keep racking up.
  6. No_Such_Reality_IHB

    Waiting to catch a wave? Surge of REO listings is unlikely.

    Thanks, Riverside is pretty far out. Let's bring it home. Or maybe near home. North Tustin, 92705, aka Santa Ana... Sales in July = 48. Current listed REOs = 0. Current Bank Owned REOs = 44. Trustee Sales schedule in the next 30 days = 89 And just for giggles, Orange...
  7. No_Such_Reality_IHB

    I am ok with the fact that I am low brow for IHB however.......

    Anybody watch Breaking Bad? I've added it to my netflix queue. I'm an old fan of Malcolm in the Middle Guilty pleasures are Californication and the current season of Entourage which is so far pathetic and weak.
  8. No_Such_Reality_IHB

    Waiting to catch a wave? Surge of REO listings is unlikely.

    Aw come on Awgee, tell us how many bank owneds aren't listed for 92503 and 92509 first. We could have fun.
  9. No_Such_Reality_IHB

    Transparency? What are the Details of the Healthplan Reform?

    Yes, fascinating. I takes over ten years for the Government to determine there are billing errors due to the complex rules.
  10. No_Such_Reality_IHB

    Obama ruining the country?

    Since the self appointed speakers for both political parties have called those that disagree with them Nazis, can we invoke Godwin's rule and end their threads?
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