BofA and Wells Dispose Of Empty Homes
by vain
on 28 Jul 2011
6 comments, latest 13 years ago
Banks are starting to flush their inventory. They will donate it/bulldoze it. They'd rather donate a "$200,000" home and get a tax deduction than to sell it for $75,000, ...
vain
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threads pinned by vain
authored 855 comments and 40 threads
vain's threads
Delay the inevitable some more
by vain on 8 Jul 2011 26 comments, latest 13 years ago
http://www.sfgate.com/cgi-bin/ Troubled homeowners will soon be allowed to stay in their homes for 1 full year with no payments before the foreclosure process begins. And the foreclosure process is ...
by vain on 8 Jul 2011 26 comments, latest 13 years ago
http://www.sfgate.com/cgi-bin/ Troubled homeowners will soon be allowed to stay in their homes for 1 full year with no payments before the foreclosure process begins. And the foreclosure process is ...
Home Prices RISE Due To IPO's; +20% in Palo Alto!
by vain on 15 Jun 2011 Posted 13 years ago
http://www.sfgate.com/cgi-bin/
by vain on 15 Jun 2011 Posted 13 years ago
http://www.sfgate.com/cgi-bin/
International Buyers
by vain on 24 May 2011 1 comment, latest 13 years ago
I just looked at ths MLS today and noticed something different. It lets agents allow their their listing to be visible internationally. I don't think they'd do this unless ...
by vain on 24 May 2011 1 comment, latest 13 years ago
I just looked at ths MLS today and noticed something different. It lets agents allow their their listing to be visible internationally. I don't think they'd do this unless ...
Huge dip in prices?
by vain on 20 Apr 2011 72 comments, latest 13 years ago
Anyone notice a huge dip in prices? I know it's listing price only but there are comparables that support it. I'm in contract for a property that I thought ...
by vain on 20 Apr 2011 72 comments, latest 13 years ago
Anyone notice a huge dip in prices? I know it's listing price only but there are comparables that support it. I'm in contract for a property that I thought ...
Well, I got this email from a mortgage broker today...
by vain on 24 Feb 2011 7 comments, latest 13 years ago
Great news for clients from China who would like to invest and purchase properties in the US. A lender that I am currently working is able to offer loans ...
by vain on 24 Feb 2011 7 comments, latest 13 years ago
Great news for clients from China who would like to invest and purchase properties in the US. A lender that I am currently working is able to offer loans ...
Prices may be going UP.
by vain on 23 Nov 2010 Posted 13 years ago
I've noticed the newer REO's that are coming onto the market have higher listing prices, with higher commissions as well. Is this a new tactic by the banks to ...
by vain on 23 Nov 2010 Posted 13 years ago
I've noticed the newer REO's that are coming onto the market have higher listing prices, with higher commissions as well. Is this a new tactic by the banks to ...
All Cash Offer - Tax Consequences
by vain on 8 Nov 2010 10 comments, latest 13 years ago
We just wrote a $425k cash offer on a home. The property requires all cash due to it missing necessities; the previous owner gutted it prior to foreclosure. I've ...
by vain on 8 Nov 2010 10 comments, latest 13 years ago
We just wrote a $425k cash offer on a home. The property requires all cash due to it missing necessities; the previous owner gutted it prior to foreclosure. I've ...
207 Rockwood Dr, South San Francisco, CA 94080
by vain on 5 Oct 2010 14 comments, latest 14 years ago
by vain on 5 Oct 2010 14 comments, latest 14 years ago
Condo HOA is being a landlord instead of selling the units.
by vain on 7 Oct 2010 Posted 14 years ago
http://sfbay.craigslist.org/pe This is a condo complex near my place and I can't help but to speculate based on the ad above that they have unsold inventory that they'd rather ...
by vain on 7 Oct 2010 Posted 14 years ago
http://sfbay.craigslist.org/pe This is a condo complex near my place and I can't help but to speculate based on the ad above that they have unsold inventory that they'd rather ...
Real Estate Agent now a dangerous profession
by vain on 29 Sep 2010 7 comments, latest 14 years ago
http://www.cbsnews.com/stories I wonder what was going through the suspect's mind when all this was happening. "You want me to offer HOW MUCH over asking??" #housing
by vain on 29 Sep 2010 7 comments, latest 14 years ago
http://www.cbsnews.com/stories I wonder what was going through the suspect's mind when all this was happening. "You want me to offer HOW MUCH over asking??" #housing
90 Belhaven Ave, Daly City, CA 94015
by vain on 23 Apr 2010 7 comments, latest 14 years ago
http://www.redfin.com/CA/Daly- I remember chasing this house a year back. At $499k shortsale, I didn't want it. I considered it when it was a Foreclosure at $469k. But this house ...
by vain on 23 Apr 2010 7 comments, latest 14 years ago
http://www.redfin.com/CA/Daly- I remember chasing this house a year back. At $499k shortsale, I didn't want it. I considered it when it was a Foreclosure at $469k. But this house ...
Is my purchase worth it?
by vain on 26 Aug 2010 49 comments, latest 14 years ago
Back in March, I placed an offer on a short sale listed at $400k. As we all know, a short sale list price means nothing. I contacted the listing ...
by vain on 26 Aug 2010 49 comments, latest 14 years ago
Back in March, I placed an offer on a short sale listed at $400k. As we all know, a short sale list price means nothing. I contacted the listing ...
Section 8
by vain on 9 Aug 2010 22 comments, latest 14 years ago
We have a rental unit that vacant and a Section 8 renter is interested. Is there a requirement that the in-law unit must be legal? This is in San ...
by vain on 9 Aug 2010 22 comments, latest 14 years ago
We have a rental unit that vacant and a Section 8 renter is interested. Is there a requirement that the in-law unit must be legal? This is in San ...
If prices are rising, why more bail outs?
by vain on 29 Jul 2010 1 comment, latest 14 years ago
http://www.sfgate.com/cgi-bin/ The government is giving away money to home owners to pay their mortgage now. #housing
by vain on 29 Jul 2010 1 comment, latest 14 years ago
http://www.sfgate.com/cgi-bin/ The government is giving away money to home owners to pay their mortgage now. #housing
Chase is giving incentives for businesses to hire.
by vain on 27 Jul 2010 Posted 14 years ago
https://www.chase.com/ccp/inde
by vain on 27 Jul 2010 Posted 14 years ago
https://www.chase.com/ccp/inde
Short Sale Contract Question
by vain on 16 Jul 2010 11 comments, latest 14 years ago
Hey does anybody know the answer to this? I made an offer on a Short Sale. There were no extra clauses on the contract other than "Short sale subject ...
by vain on 16 Jul 2010 11 comments, latest 14 years ago
Hey does anybody know the answer to this? I made an offer on a Short Sale. There were no extra clauses on the contract other than "Short sale subject ...
Shadow Inventory for Menlo Park, CA
by vain on 15 Apr 2010 6 comments, latest 14 years ago
Bank Owned Property 2 of 32 Address 1225 Almanor Ave Zip Code 94025 Owner Name Washington Mutual Mtg 2006-Ar3 Recording Date 06/24/1999 Settle Date 05/24/1999 Sale Price $335,000 Total ...
by vain on 15 Apr 2010 6 comments, latest 14 years ago
Bank Owned Property 2 of 32 Address 1225 Almanor Ave Zip Code 94025 Owner Name Washington Mutual Mtg 2006-Ar3 Recording Date 06/24/1999 Settle Date 05/24/1999 Sale Price $335,000 Total ...
Is this for real??
by vain on 17 Jun 2010 9 comments, latest 14 years ago
http://www.csmonitor.com/Money Is cost of living really coming down or is it just some propaganda designed to cover money printing and to justify 0 increase in social security payments? And ...
by vain on 17 Jun 2010 9 comments, latest 14 years ago
http://www.csmonitor.com/Money Is cost of living really coming down or is it just some propaganda designed to cover money printing and to justify 0 increase in social security payments? And ...
Prison Inmates Get $8k Homebuyer's Credit
by vain on 23 Jun 2010 Posted 14 years ago
http://www.sfgate.com/cgi-bin/ I love the misallocation of funds.
by vain on 23 Jun 2010 Posted 14 years ago
http://www.sfgate.com/cgi-bin/ I love the misallocation of funds.
What is your opinion on 'points' for mortgages?
by vain on 21 Jun 2010 8 comments, latest 14 years ago
Can someone shed some insight as to why or why not to get it? I personally do not like prepaid interest. With all these short sales out there, the ...
by vain on 21 Jun 2010 8 comments, latest 14 years ago
Can someone shed some insight as to why or why not to get it? I personally do not like prepaid interest. With all these short sales out there, the ...
by vain on 24 Apr 2010 21 comments, latest 14 years ago
So I tried to learn a thing or two. I learned that realtors suck money out of a deal. So I found myself a For-Sale-By-Owner. I think a realtor ...
What happens if a seller claims additions were permitted?
by vain on 28 May 2010 13 comments, latest 14 years ago
But turns out that it wasn't?
by vain on 28 May 2010 13 comments, latest 14 years ago
But turns out that it wasn't?
Warning on the MLS - Please Succeed!!
by vain on 3 Jun 2010 Posted 14 years ago
When I signed onto the MLS under an agent account, I was presented with the following warning. I hope they get more victims. Fraud/False Buyer Alert! Subject: Fraud/False Buyer ...
by vain on 3 Jun 2010 Posted 14 years ago
When I signed onto the MLS under an agent account, I was presented with the following warning. I hope they get more victims. Fraud/False Buyer Alert! Subject: Fraud/False Buyer ...
Banks Still PROFITTING From Short Sale!
by vain on 20 May 2010 12 comments, latest 14 years ago
I was told by my loan officer during a casual conversation while waiting on my short-sale approval. Here are the details. Original loan of 617k in 2004 @ ~5% ...
by vain on 20 May 2010 12 comments, latest 14 years ago
I was told by my loan officer during a casual conversation while waiting on my short-sale approval. Here are the details. Original loan of 617k in 2004 @ ~5% ...
296 St Catherine Dr, Daly City, CA 94015
by vain on 13 May 2010 4 comments, latest 14 years ago
This is by far the biggest over-pricer I've seen by a real estate agent. This even super cedes 90 Belhaven :) What's with agents getting listings only because they ...
by vain on 13 May 2010 4 comments, latest 14 years ago
This is by far the biggest over-pricer I've seen by a real estate agent. This even super cedes 90 Belhaven :) What's with agents getting listings only because they ...
Cable Installers
by vain on 5 May 2010 11 comments, latest 14 years ago
Do cable TV installers have a fiduciary duty to report illegal dwelling units to the city? I would think that it may be part of the contract with the ...
by vain on 5 May 2010 11 comments, latest 14 years ago
Do cable TV installers have a fiduciary duty to report illegal dwelling units to the city? I would think that it may be part of the contract with the ...
33 Skyline Dr, Daly City, CA 94015
by vain on 3 Apr 2010 2 comments, latest 14 years ago
1. Buy it for $432,500. 2. Paint it. 3. Stage it. 4. Attempt to sell for $579,500. This I have to see LOL. The flipper is probably not aware ...
by vain on 3 Apr 2010 2 comments, latest 14 years ago
1. Buy it for $432,500. 2. Paint it. 3. Stage it. 4. Attempt to sell for $579,500. This I have to see LOL. The flipper is probably not aware ...
Proof of Shadow Inventory - Daly City, CA
by vain on 15 Apr 2010 18 comments, latest 14 years ago
If you check the property tax records, you can confirm that the banks are in fact holding on to these properties. Too bad my search limits me to 100 ...
by vain on 15 Apr 2010 18 comments, latest 14 years ago
If you check the property tax records, you can confirm that the banks are in fact holding on to these properties. Too bad my search limits me to 100 ...
MLS Listings
by vain on 15 Apr 2010 4 comments, latest 14 years ago
I've been tracking property listings. I just wanted you all to define exactly what qualities are good for a "first time home buyer"? From what I've seen, homes that ...
by vain on 15 Apr 2010 4 comments, latest 14 years ago
I've been tracking property listings. I just wanted you all to define exactly what qualities are good for a "first time home buyer"? From what I've seen, homes that ...
Realtor conspirators busted
by vain on 15 Apr 2010 Posted 14 years ago
I actually recognize alot of these agent names. I've made many offers with those names listed as selling agents. Surprisingly, I remember lots of them giving me the "multiple ...
by vain on 15 Apr 2010 Posted 14 years ago
I actually recognize alot of these agent names. I've made many offers with those names listed as selling agents. Surprisingly, I remember lots of them giving me the "multiple ...
Foreclosure Turnaround Times
by vain on 25 Mar 2010 2 comments, latest 14 years ago
I've been following foreclosures alot in a specific area and have noticed 1 trend. I was wondering if anyone else has noticed this trend? For homes where the mortgage ...
by vain on 25 Mar 2010 2 comments, latest 14 years ago
I've been following foreclosures alot in a specific area and have noticed 1 trend. I was wondering if anyone else has noticed this trend? For homes where the mortgage ...
Advice on a property.
by vain on 29 Mar 2010 12 comments, latest 14 years ago
Hello all, I'm seeking the help from fellow patrick.net forum members for your expertise. There is a property that I am considering to purchase a house that has 2 ...
by vain on 29 Mar 2010 12 comments, latest 14 years ago
Hello all, I'm seeking the help from fellow patrick.net forum members for your expertise. There is a property that I am considering to purchase a house that has 2 ...
144 Mateo Ave, Daly City, CA 94014
by vain on 1 Apr 2010 1 comment, latest 14 years ago
The list price for this house was $339,000. I offered $390k with $200k down but was told that there was a cash offer that the bank chose to accept ...
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by vain on 1 Apr 2010 1 comment, latest 14 years ago
The list price for this house was $339,000. I offered $390k with $200k down but was told that there was a cash offer that the bank chose to accept ...
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