Real Estate Auction Lawsuits - Bidder Beware!!! - 07/11/08 07:27 PM
So many home searchers think auctions are the place to buy in this current market, I advise them to skip them, very few deals there and fewer safeguards for the buyer!
A Corona couple that tried unsuccessfully to purchase a home at an auction of lender-owned properties has filed a lawsuit against several auction companies, including Irvine’s Real Estate Disposition Corp., accusing them of a “bait and switch scheme.”
At an auction in Pomona in March, Juan and Laura Torres made the highest bid — $146,000 — for a Corona property, according to the suit. Ms. Torres believed she had opened … (3 comments)

ZipRealty climbs 2 positions in Hitwise real estate ranks - 07/08/08 10:48 PM
ZipRealty.com jumped two places to third, Yahoo Real Estate improved to second on the Hitwise top-20 list of real estate Web sites in June from May, with  and RE/MAX's remax.com sinking from second to fourth. ColdwellBanker.com dropped from 13th in May to 18th in June.
Longtime category leader Realtor.com had a 4.46 percent market share among real estate category Web sites, according to the latest Hitwise report, while ZipRealty.com had a 2.7 percent share and Yahoo's realestate.yahoo.com site had a 2.7 percent market share.
The Hitwise rankings are based on U.S. market share of visits, from a Hitwise sample of 10 … (2 comments)

 
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Len Malena - OC Realtor

Trabuco Canyon, CA

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