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    New TI Member (Long time first time) looking for some help

    Normally if the owner is engaged in loan modification or short sale process, the bank can't legally foreclose the house until the bank formally declined the loan modification or short sale. Sometime trustee still foreclosed the house. Then the owner can file a lawsuit with Lis Pendens recorded...
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    New TI Member (Long time first time) looking for some help

    No, trustee sale voided due to problems in the foreclosure process. So the property is still owned by the origin owner.
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    New TI Member (Long time first time) looking for some help

    Special Conditions: Short Sale/Subj to Lender Approval** NTS 11/09/11, amount $1,004,982. In fact the property was foreclosed on 12/16/08. But trustee withdrew the sale due to some problems in foreclosure process. This property has one loan from Washington Mutual. The trustee was trying to...
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    New TI Member (Long time first time) looking for some help

    The description says SHORT SALE APPROVED. CALL LISTING AGENT OR READ REMARKS. Priv Rmks SHOWING THURSDAY JUNE 7TH STRICTLY 'BY APPOINTMENT', GATED COMMUNITY. short sale, no repairs no termite. HOA and taxes are current, BANK APPROVED FIRST BUYERS AND THEY FOUND ANOTHER HOME. Final commission...
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    New TI Member (Long time first time) looking for some help

    Both are short sales. It takes at least 3-4 months to negotiate with the banks and sometime the buyers will walk away. From the listings description, they are in the final stage of the negotiation. You should try to put an offer in. But there may be other undertable dealings that you should be...
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    Listings that pique my interest... feedback?

    I mean 67 Copper Leaf in Irvine. The listing only shows one picture of the outside of the house.
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    Chinese, where would you live?

    If all depends how much money you have. But I would rule out places like Malibu or Beverly Hills that are far from Chinese communities. If you have $2m+ cash, Newport Coast, Shady Canyon or Turtle Ridge of Irvine. I spoke to Joele who is specialized in Turtle Ridge. Move than half of the sales...
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    Listings that pique my interest... feedback?

    Did someone see this house? Is it nicely upgraded? This house may be auctioned tomorrow.
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    Listings that pique my interest... feedback?

    Everyday 20-30 people show up. The competition is high and there is not much profit. Therefore the buyer for 30 Bamboo is willing to pay $751k to make around $30k profit. He may be looking for luck to find a buyer to sell the house at $850k for a $60k profit.
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    Listings that pique my interest... feedback?

    The sale price for 30 Bamboo will show up in next week or two. Normally it will take one to two weeks to get the trustee deed from trustee. Then the buyer can either record it in County Recorder's Office immediately or wait for awhile. After it's recorded, it will take 7-10 days for the sale...
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    Listings that pique my interest... feedback?

    7-8 flippers were bidding on this house. Most flippers estimated the selling price to be $800-820k. If it did sell for $820k, the flipping profit is around $30k. I gave up bidding at $730k.
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