Got Foreclosure! - Blog

Banks don’t want to own real estate.
It’s an old adage, but if you’ve been trying to buy a home at a discount from a bank you’ve probably started to doubt that that’s true.
Asset managers have been stubborn and misinformed. Real estate agents came up with “Broker Price Opinions” (BPO) that were way out there. Together, [...]

[Read more →]

FdL foreclosure expert: ‘This is not going to go away overnight’
House Passes Mortgage Fraud, Foreclosure Rescue Bills
San Diego Foreclosure Home Auction Review Part 3
Auction for Ladera Ranch: A foreclosure bidding war with a twist

Social Bookmarking

[Read more →]

“Sacramento, state foreclosure sales decline” - this headline on Sacramento BizJournal.com peaks interest. A clear trend of declining foreclosure numbers should signal the market’s bottom, right?

Yes, in a sense - and the BizJournal is sufficiently ambivalent. But the numbers are telling more truth…

Social Bookmarking

[Read more →]