Home › Forums › Housing › How can I compete??? › I did a little research and
I did a little research and she did actually have a successful flip (maybe that was rigged, who knows)
From what I was able to gather, she bought 7339 Fay Ave , La Jolla, on 10/01/04 for 905k from Carol V. Munoz and Pavleta Munoz.
Checking further, that was sold on 11/29/05 for $1,289,000 to Eric McCauley.
Subsequently, a NOD was filed on 11/03/2006 and again on 01/02/2007
The above was info from a pretty reliable source.
I do not know if there was ever a foreclosure. I was not able to determine that.
HOWEVER, the info on SDL is slightly different.
It shows her purchase for 905k. BUT, it doesn’t show the 2005 sale. Then is shows a sale on 8/13/2007 for $822k.
I can only speculate either short sale or REO. Not sure which.
So, any guesses maybe she split 384k w/Eric and he lived there for free for a couple of years?
Oh, and pre-bubble, Fay sold on 12/30/1999 for $400,000 and before that on 03/04/1998 for $305,000
Edit: Did some more checking. The Bank of New York sold to Timothy D. Pilsbury for 822k, so it did get foreclosed from Eric.
Maybe she even split w/the Munoz.