A received an email asking some basic questions about how to buy a foreclosure property. After providing the answers, I decided to share them here. Question (Q): Besides REOs that are listed with agents, are all of the foreclosures or pending default properties listed as well or can I access thes
...
10/22/2010
The recovery that was evident for the first half of 2010 has fizzled out and once again both prices and volume of sales in Marin have for the most part gone negative, although prices of single family homes in Novato held steady and prices in San Rafael continued to rise. Sausalito also showed an
...
10/13/2010
Many homes that are foreclosed end up being owned by "Fannie Mae" who lists them for sales as "REO"s. It's possible to search for these foreclosures on their website at www.HomePath.com. Right now there are 7 such homes listed for sale in Marin County and 115 in Sonoma County. The California Asso
...
10/12/2010
I attended the REDC (Real Estate Disposition LLC) foreclosure auction yesterday in Oakland where over 225 homes were auctioned. This was a very well-organized and run event. Usually there aren't any properties from Marin in these auctions, but this time there were a few, so I went with the idea o
...
10/11/2010
The California Association of Realtors sent out this announcement today: "Starting January 1, 2011, a seller's first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale. Providing written consent to a short sale shall obligate the first trust deed lender t
...
10/05/2010
