reo: Three Month Foreclosure Forecast for Imperial Valley CA - 02/25/10 11:55 AM
Three Month Foreclosure Forecast for Imperial Valley. By Frederic Din, REALTOR(r). As a home buyer or investor, you will find the following information useful as you take advantage in snapping up some great real estate opportunities in the Imperial Valley real estate market. During the last week, I have reviewed a variety of Imperial Valley real estate slated with some type of foreclosure activity attached, whether at the pre-foreclosure stage (ie. short sales) and such as the notice of default stage, the foreclosure auction stage, where homes are auctioned at the Imperial County court house steps, or at the … (0 comments)
reo: Flood of Foreclosures in the Forecast - 12/08/09 09:34 PM
Flood of Foreclosures in the Forecast Less than 1/4th of recent bank owned or REO properties taken back by banks over the last 60 days have been integrated into the local housing market according to research conducted by REALTOR® Frederic Din. "I researched over 150 newly acquired bank owned properties from October 1st through December 4th, 2009 and found only thirty-seven properties listed in the Imperial Valley Multiple Listing Service (MLS) out of properties researched throughout the county". While Frederic's research of "shadow inventory" in the Imperial Valley is ongoing, he states there are definite trends leading to a growing level of vacant … (4 comments)
reo: Role of the BPO Real Estate Agent - 07/29/09 11:56 AM
Role of the BPO Real Estate Agent I was going to call this article "Don't Shoot the Shooter", (picture shooter that is) since people seem to get defensive when I'm on their street taking pictures of houses for comparables and BPO reports. It seems as if they have the right to tell me not to take pictures of their house or even the neighborhood. Why not, I'm on public property, right? Maybe I will start writing a series of short articles of my BPO and REO property inspection encounters. People for the most part are cooperative and understanding, however once in … (2 comments)
reo: Housing Sales Prices Decline, Buyers Finding Best Deals - 02/02/09 12:06 AM
As seen on ImperialValleyLiving.com Even as housing prices in Imperial County continue to spiral downward, there are some positive signs for people who were cautious during the housing boom. The most recent figures indicate that in Imperial County, the median price of an existing home declined to $175,000 in December 2008, down 28.6 percent from December 2007, when the median price of an existing home was $245,000. With many home values in Imperial County declining, the housing market is actually providing an opportunity for many local residents to become homeowners. The declining prices may even mean that homes … (2 comments)
reo: 28 W Sparrow St Heber CA 92249 Imperial County California - 10/15/08 06:12 PM
28 W Sparrow St Heber CA 92249 Imperial County California Bank Owned house for sale, located in the heart of Heber California, an unincorporated area 3 miles south of El Centro and about 7 miles north of Calexico. The home is located on quiet street in the original area of the Heberwood Estates, which were built approximately 1996. Newer construction surrounds this three to four block enclave with similar home styles and large estates. The home consists of 4 bedrooms and 2 bathrooms on a low maintenance lot and features a full length covered patio. Two garage spaces contain a utility room which … (0 comments)
reo: Short Sale Q & A for Home Sellers - 09/22/08 02:56 PM
Short Sale Q & A for Home SellersSelling a property as a short sale can be complicated and carry a multitude of ramifications to consider.This entry will attempt to answer some common and frequently asked questions regarding Short Sales. This information was gathered from various sources, including my own experience within the industry. What is a short sale?A short sale is a process in which a homeowner sells their home for less than what they owe on the outstanding mortgage or mortgages. This process requires specific documentation that is gathered early in the process and is presented to the lenders in an attempt to convince … (2 comments)
reo: Imperial Valley sees 11% drop in foreclosures in May - 06/09/08 01:11 PM
Imperial Valley sees 11% drop in foreclosures in MayBy Frederic A DinThe number of Imperial Valley homes entering the foreclosure process in May was down about 11% from the previous month, according to statistics reviewed Friday, however the number of homes heading to the auction block increased by 33% from the previous month.A total of 239 notices of default - the first step in the foreclosure process - were filed in Imperial County in May, compared to with a year long peak of 268 in April. However, local housing experts think the drop in foreclosures may be short-lived and it may … (0 comments)
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Three Month Foreclosure Forecast for Imperial Valley. By Frederic Din, REALTOR(r). 
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