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Viewing 13 posts - 1 through 13 (of 13 total)
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  • May 23, 2007 at 5:49 AM #9143
    g2006
    Participant

    60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C

    http://www.sdlookup.com/Property-5401CB28-11858_Scripps_Creek_Dr_C_San_Diego_CA_92131

    Listed : 437900

    2004 price – 06/22/2004 $495,000

    May 23, 2007 at 7:21 AM #54457
    Coronita
    Participant

    Bring out the champagne folks!!!!!! 🙂

    May 23, 2007 at 7:21 AM #54470
    Coronita
    Participant

    Bring out the champagne folks!!!!!! 🙂

    May 23, 2007 at 8:53 AM #54463
    SD Realtor
    Participant

    REO condo in New Scripps…

    SD Realtor

    May 23, 2007 at 8:53 AM #54476
    SD Realtor
    Participant

    REO condo in New Scripps…

    SD Realtor

    May 23, 2007 at 11:33 AM #54499
    happyrenter
    Participant

    In zillow this poperty is listed as sold in April for 399K.
    http://www.zillow.com/search/Search.htm?addrstrthood=11858+Scripps+Creek+Dr+%23C&citystatezip=CA+92131&GOButton=%3CSPAN%3EGO%3C%2FSPAN%3E

    May 23, 2007 at 11:33 AM #54512
    happyrenter
    Participant

    In zillow this poperty is listed as sold in April for 399K.
    http://www.zillow.com/search/Search.htm?addrstrthood=11858+Scripps+Creek+Dr+%23C&citystatezip=CA+92131&GOButton=%3CSPAN%3EGO%3C%2FSPAN%3E

    May 23, 2007 at 12:27 PM #54515
    SD Realtor
    Participant

    As I said it is an REO…That was when the trustee sale was.

    SD Realtor

    May 23, 2007 at 12:27 PM #54528
    SD Realtor
    Participant

    As I said it is an REO…That was when the trustee sale was.

    SD Realtor

    May 23, 2007 at 1:31 PM #54533
    happyrenter
    Participant

    pardon my ignorance…
    what’s REO?

    May 23, 2007 at 1:31 PM #54546
    happyrenter
    Participant

    pardon my ignorance…
    what’s REO?

    May 23, 2007 at 2:00 PM #54539
    SD Realtor
    Participant

    Didn’t mean to be rude… The property went into foreclosure. The foreclosure process has 1 of 3 outcomes. 1 the owner of the home cures the default, or works out a solution with the lender so that the lender halts the foreclosure process. 2 and 3, the foreclosure process completes and culminates in a trustee sale. (aka auction) At the sale either someone will make a bid on the property and become the new owner, or nobody will bid on it and the property reverts back to the lender. When the property reverts to the lender the property is known as bank owned or REO. The event is indeed recorded as a sale as you saw.

    SD Realtor

    May 23, 2007 at 2:00 PM #54552
    SD Realtor
    Participant

    Didn’t mean to be rude… The property went into foreclosure. The foreclosure process has 1 of 3 outcomes. 1 the owner of the home cures the default, or works out a solution with the lender so that the lender halts the foreclosure process. 2 and 3, the foreclosure process completes and culminates in a trustee sale. (aka auction) At the sale either someone will make a bid on the property and become the new owner, or nobody will bid on it and the property reverts back to the lender. When the property reverts to the lender the property is known as bank owned or REO. The event is indeed recorded as a sale as you saw.

    SD Realtor

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