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There are also Redmption and Confirmation states that give the owner (homedebtor) addtional days to cure they account and "redeem" the property. The timelines for Confirmation states are generally 60-75 days and up to 90 days for Redemption states.

This thread is awesome

As always, that depends on where you go. FHA deals can rarely be done in less than 30 days. There are some places you can get loans done in less than 2 weeks. FYI...I just did a search on my system and found 4 active REO's for sale in Irvine. Incidentally I found FIFTY ONE properties in...

The bottom is NOT in. All of my aforementioned points indicate a bottom far into the future.

When people speak of "shadow inventory" as some diabolical and manipulative scheme by banks to hide inventory they are sorely mistaken. In this sense there is NO SUCH THING as shadow inventory. I am in the employ of a leader in the electronic disposition of REO assets. 60% + of all...

Top Stories BofA Pays $33M SEC Fine for Misleading Investors- AP Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its employees. THATS IT??? A measly 33 Million??? Let's see...

The point is, they RAISED tax rates and will recover LESS tax revenue. Proof that higher tax rates do not equal higher tax revenues. Whether people make less money, move out of state, or increase their write-offs, they are all results of higher taxes

I used to live in Quail Hill before moving to Northpark. Two-three years ago you couldn't find a parking spot during lunch. I never really liked any place in that plaza anyways.

Looks like some considerable claw length is involved. My guess would be it is a coyote. Big cats do not walk with their claws out, as they can retract them. The cat could have had it's claws out though, if prey was nearby. More than likely this is a coyote. It could also be a dog that hasn't...

Cup size?

You don't even get a garage! Ridiculous.

Perfect timing! Right about when he emerges from bankruptcy!

abolish income tax. institute sales taxes

santelli makes good points, but you can see it in his eyes and hear it in his voice......whatever he says, it is to make himself look good. The guy is smart and says a lot of things I agree with, but I don't trust him as far as I can throw him.

My wits and my guns protect me.

Rick Santelli is a snake in the grass. Can't trust that guy.