market conditions: Moorpark, CA. 3rd Quarter 2009, REO Real Estate Market Report
- 10/24/09 11:18 AM
07/01/2009 - 09/30/2009 - Moorpark, California Residential units Sold that were REO: 23 AVERAGES: Days on market: 31 List: $454,897 Sold: $463,849 SP%LP: 101.97% Sq.Ft.: 2200 $ per Sq.Ft.: $211 High: $1,225,000 Low: $145,000 Median: $350,000 Comments: Currently in Moorpark as of 10/24/2009 there are 14 listed REO's with only 2 active listings. Prepared by: Rudy Detgen; Troop Real Estate; DRE Lic:01770676 information deemed reliable but not guaranteed … (0 comments)
market conditions: Shadow Inventory Climbs past 7 Million?
- 09/30/09 05:02 PM
According to DS News, that's what is about to happen. You can read the article by following the link below. http://www.dsnews.com/articles/new-housing-crash-looms-as-shadow-inventory-climbs-past-7-million-analysts-2009-09-25 It sounds like we're going to be hit by a "REO Tsunami", I hope we all survive! Rudy … (3 comments)
market conditions: Moorpark Home Sales Market Report, 1st Quarter 2009, REO, Bank Owned
- 04/01/09 06:09 PM
Moorpark, CA, Home Sales Market Report 1st Quarter 2009, REO Analysis: Days on market remaining stable averaging 53 days. Cost per square foot: $210.48 (REO) Cost per square foot: $249.10 (NON-REO) Selling price%List price at 98.28% Percentage of units sold that were REO:19%. Total units sold: 81 Prepared by: Rudy Detgen Troop Real Estate Inc. 3200 E Los Angeles Ave #12 Simi Valley, CA 93065 RDETGEN@SBCGLOBAL.NET www.rudydetgen.com all data deemed reliable but not guaranteed … (0 comments)
market conditions: Simi Valley CA Housing Market, BANK OWNED HOMES (REO'S), BARGAIN OR BUMMER?
- 10/13/08 02:09 PM
Simi Valley, CA housing market BANK OWNED HOMES (REO'S), BARGAIN OR BUMMER? Are bank owned homes a bargain? Are they worth it? Well, it depends. If you are looking for: A home in move in ready condition. Full disclosure from the previous owner. Well kept landscaping. Then NO, a bank owned home is probably not for you. On the other hand if you are looking for: Value for your money. A fixer upper. A possible investment property. Your first home. Then YES, a bank owned home might be just what you are looking for. Statistics show that over the 3rd quarter … (0 comments)
market conditions: Simi Valley, CA, REO Market Report 3rd Quarter 2008, bank owned, foreclosures, homes, houses
- 10/12/08 12:10 PM
Simi Valley, CA, REO Market Report 3rd Quarter 2008 Analysis: Days on market remaining stable averaging 48 days. Cost per square foot is still decreasing. Original list prices still decreasing. New statistic was added: Percentage of sold units that were REO. Averaging a whopping 46%! Prepared by: Rudy Detgen, Realtor Troop Real Estate Simi Valley, CA RDETGEN@SBCGLOBAL.NET all data deemed reliable but not guaranteed … (0 comments)
PREPARED BY : RUDY DETGEN, REALTOR RDETGEN@SBCGLOBAL.NET www.RUDYDETGEN.COM
… (1 comments)
market conditions: Appraisal VS. BPO
- 07/12/08 12:32 PM
Pricing of REO properties is critical if the bank is seriously trying to get it sold in 30 days. This statement may seem obvious to those of us in the business but it's not as easy as one might think. When a Lender assigns a property, one of the first tasks to perform is a Broker Price Opinion or BPO. This requires pulling comps in the area of both listed and sold properties and coming up with an opinion of value. This is a full BPO with interior and exterior photos. The agents need to take into account any repairs the property may need and … (16 comments)
market conditions: REOs,Simi Valley,CA
- 04/19/08 12:47 PM
I just wanted to share a recent experience I've had in listing bank owned properties. I was first assigned this property back in January. I did all of the necessary "chores" like rekeying the locks, lawn maintenance, repair bids, BPO, and property inspection. Then I waited for about two months until the asset manager handling the property emailed me giving me the listing. I was both disappointed and elated at the same time. Disappointed because the seller had not elected to do anything about the "green" swimming pool. Elated because the list price was better than I had hoped. In my … (15 comments)
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Rudy Detgen
Realtor, Real Estate Agent, Homes, REO - Moorpark,...
07/01/2009 - 09/30/2009 - Moorpark, California
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