- This topic has 23 replies, 7 voices, and was last updated 17 years, 2 months ago by raptorduck.
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October 12, 2007 at 2:03 PM #88532October 12, 2007 at 2:05 PM #88529SD RealtorParticipant
Pert wrote –
“Then why, o water boy, does it tell you that they are all bank owned when you go to the site and register and everything? It certainly seems like the site sponsors are some kind of REO specialists? ”
Don’t believe everything you read online Pert.
I am a “specialist” at football picks. Unfortunately I went 0 for 2 last weekend.
SD Realtor
October 12, 2007 at 2:05 PM #88536SD RealtorParticipantPert wrote –
“Then why, o water boy, does it tell you that they are all bank owned when you go to the site and register and everything? It certainly seems like the site sponsors are some kind of REO specialists? ”
Don’t believe everything you read online Pert.
I am a “specialist” at football picks. Unfortunately I went 0 for 2 last weekend.
SD Realtor
October 12, 2007 at 2:24 PM #88535SD RealtorParticipantPert last thing… reotrans is not an all inclusive site…meaning there are lots of bank owned properties out there that are not in reo trans. LOTS… but reo trans does not have properties listed that are not lender owned.
SD Realtor
October 12, 2007 at 2:24 PM #88542SD RealtorParticipantPert last thing… reotrans is not an all inclusive site…meaning there are lots of bank owned properties out there that are not in reo trans. LOTS… but reo trans does not have properties listed that are not lender owned.
SD Realtor
October 12, 2007 at 2:39 PM #88543SD RealtorParticipantOkay one last piece of information… Pert and Raptor sometimes you will see things posted on Piggington that are much more wishful thinking and speculative rather then based on facts.
So on the Sandicor MLS there are 74 active homes for sale when you do a search and type in Santaluz in the subdivision as the search string. Of those 74 active homes, I took a quick look at the remarks and confidential remarks section… usually for reo homes and short sales there will be a remark indicating so… Out of the 74 homes there was 1 reo sale and 1 short sale.
That does not mean there are not more. A more thorough search would be to look at the tax record to see who the owner is (look for a bank or a reconveyance company as the current owner) but I do not have the time or motivation to do that. Raptor your agent can do that for you.
Anyways there also may be more reo properties or short sales but they are not on the MLS. I doubt very much that there are that many though… give it time…maybe a year or two. Just trying to post facts…more or less…
SD Realtor
October 12, 2007 at 2:39 PM #88550SD RealtorParticipantOkay one last piece of information… Pert and Raptor sometimes you will see things posted on Piggington that are much more wishful thinking and speculative rather then based on facts.
So on the Sandicor MLS there are 74 active homes for sale when you do a search and type in Santaluz in the subdivision as the search string. Of those 74 active homes, I took a quick look at the remarks and confidential remarks section… usually for reo homes and short sales there will be a remark indicating so… Out of the 74 homes there was 1 reo sale and 1 short sale.
That does not mean there are not more. A more thorough search would be to look at the tax record to see who the owner is (look for a bank or a reconveyance company as the current owner) but I do not have the time or motivation to do that. Raptor your agent can do that for you.
Anyways there also may be more reo properties or short sales but they are not on the MLS. I doubt very much that there are that many though… give it time…maybe a year or two. Just trying to post facts…more or less…
SD Realtor
October 12, 2007 at 4:34 PM #88579raptorduckParticipantSDRealtor. Thanks!
October 12, 2007 at 4:34 PM #88585raptorduckParticipantSDRealtor. Thanks!
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