Tony's Big Bear REO Blog

PAST In 2002 the Realtors in Big Bear sold 911 pieces of property and the Real Estate boom was off and running.  In two years, the sale of property in Big Bear jumped from 911 units to 1913 units.  By 2007, the number of units sold dropped to 797. In that time span, everyone was getting a loan. ...

I chose to write this blog because of an issue that has come up in one of my escrows.  I really didn't give this any thought, until I heard another agent in our office having the same issue.  As it appears that this is not a isolated incident, I felt it was worth discussing in my REO Blog. My cli...

The number of REO properties currently for sale in the Big Bear Valley has almost doubled since June of 2008.  Back in June, there were 35 REO properties for sale in the Big Bear MLS and today there are 66.  Yesterday, there were 8 new listings posted in the Big Bear MLS and 6 of those were REO'...

That was a question that was asked of me today.  My client wants to sell her Sugarloaf cabin and wanted to know 1) How much she could get for her cabin, and 2) Was it even possible to sell the cabin in today's market. I think that the biggest point that I needed to make to the seller is that she ...

You have found yourself in the same position as thousands of people through-out the United States.  You're mortgage has just reset and you can no longer afford to keep your Big Bear cabin.  Let's start this conversation with some options available to you and then we will look at the ramifications...

The question, My home is not worth what I owe, can I short sale it is asked quite frequently in today's market.  In the past, most home owners had a tremendous amount of equity in their homes. Things would come up and they pulled the money out for one reason or another.  Many of them are now in a...

Recently posted Sugarloaf Real Estate Blog Searching for a Bank Owned (REO) property in the Big Bear valley?  Are you uncertain of the steps needed to buy a Bank Owned (REO) property?  You have come to right web blog!  I can help you access Bank Owned (REO) properties through out the Big Bear Val...

As long as I've been selling Real Estate in Big Bear, land has always sold well.  It was not unusual for the neighbors to start calling in as soon as the sign was placed in the ground.  In a lot of cases, the neighbor would jump at the opportunity to buy the land next door.  He may have wanted i...

2159 Third Lane was built in 1964 and under went a major remodel in 2003.  This one bedroom, one bathroom cabin now has a log finish and large redwood decks on the front and rear of the cabin.    Priced at $115,000.00 my seller is taking a loss.  His loss can be your gain if you act quickly.  Thi...

The construction was completed on 272 Wabash when my buyer purchased it in March of 2006.  Once the construction was completed, my buyer ended up with a very nice 3 bedroom, 2 bath log faced cabin with a 2 car attached garage.  The 1050 square foot home has been a very enjoyable place for the ow...