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  • April 13, 2009 at 8:21 AM #380591
    SD Realtor
    Participant

    dan you bring up good points. I am trying to think of a better way to state what I am trying to say without calling it a premeditated plan.

    Let me state it this way… without calling it a premeditated plan. I think that the lenders knew they had passed the point of no return and they knew that the government would have to bail them out. Also I am not so sure that they were able to do anything logistically faster in 2008 at all. I think that is a subjective point. In fact if they were able to do so, at least in San Diego county our inventory would have been substantially higher then it was in 2008 and it was not.

    So I guess I should not as sound so black helicopter like in my post. However I do still believe even if it is not all orchestrated, it certainly is playing out in a very favorable way to the lenders. Wouldn’t you say?

    April 13, 2009 at 8:58 AM #379968
    jpinpb
    Participant

    SDR, I know you sold that one in August and you did well for you client. Again, the fraud was the transaction between December’s purchase and February’s purchase and the months between February and the August purchase. They received a NOD and was scheduled for foreclosure and it was all an orchestrated sale and transaction between boyfriend and girlfriend and the free habitation in the interim.

    This is just one of just so many. I don’t have the time or motivation to go through all the NODs I marked to find which ones were suspicious, but I made mental notes that are out there. The Chambord one was an easy one to remember b/c it’s acquaintance of acquaintance and when I first heard that scam, I was rather livid.

    Edit – The February purchase was in 2007. The trustee sale was in August 2008. It wasn’t February to August of the same year.

    April 13, 2009 at 8:58 AM #380241
    jpinpb
    Participant

    SDR, I know you sold that one in August and you did well for you client. Again, the fraud was the transaction between December’s purchase and February’s purchase and the months between February and the August purchase. They received a NOD and was scheduled for foreclosure and it was all an orchestrated sale and transaction between boyfriend and girlfriend and the free habitation in the interim.

    This is just one of just so many. I don’t have the time or motivation to go through all the NODs I marked to find which ones were suspicious, but I made mental notes that are out there. The Chambord one was an easy one to remember b/c it’s acquaintance of acquaintance and when I first heard that scam, I was rather livid.

    Edit – The February purchase was in 2007. The trustee sale was in August 2008. It wasn’t February to August of the same year.

    April 13, 2009 at 8:58 AM #380426
    jpinpb
    Participant

    SDR, I know you sold that one in August and you did well for you client. Again, the fraud was the transaction between December’s purchase and February’s purchase and the months between February and the August purchase. They received a NOD and was scheduled for foreclosure and it was all an orchestrated sale and transaction between boyfriend and girlfriend and the free habitation in the interim.

    This is just one of just so many. I don’t have the time or motivation to go through all the NODs I marked to find which ones were suspicious, but I made mental notes that are out there. The Chambord one was an easy one to remember b/c it’s acquaintance of acquaintance and when I first heard that scam, I was rather livid.

    Edit – The February purchase was in 2007. The trustee sale was in August 2008. It wasn’t February to August of the same year.

    April 13, 2009 at 8:58 AM #380473
    jpinpb
    Participant

    SDR, I know you sold that one in August and you did well for you client. Again, the fraud was the transaction between December’s purchase and February’s purchase and the months between February and the August purchase. They received a NOD and was scheduled for foreclosure and it was all an orchestrated sale and transaction between boyfriend and girlfriend and the free habitation in the interim.

    This is just one of just so many. I don’t have the time or motivation to go through all the NODs I marked to find which ones were suspicious, but I made mental notes that are out there. The Chambord one was an easy one to remember b/c it’s acquaintance of acquaintance and when I first heard that scam, I was rather livid.

    Edit – The February purchase was in 2007. The trustee sale was in August 2008. It wasn’t February to August of the same year.

    April 13, 2009 at 8:58 AM #380601
    jpinpb
    Participant

    SDR, I know you sold that one in August and you did well for you client. Again, the fraud was the transaction between December’s purchase and February’s purchase and the months between February and the August purchase. They received a NOD and was scheduled for foreclosure and it was all an orchestrated sale and transaction between boyfriend and girlfriend and the free habitation in the interim.

    This is just one of just so many. I don’t have the time or motivation to go through all the NODs I marked to find which ones were suspicious, but I made mental notes that are out there. The Chambord one was an easy one to remember b/c it’s acquaintance of acquaintance and when I first heard that scam, I was rather livid.

    Edit – The February purchase was in 2007. The trustee sale was in August 2008. It wasn’t February to August of the same year.

    April 13, 2009 at 9:31 AM #379998
    PadreBrian
    Participant

    [quote=jpinpb]Sure. I’ve got a quick one that comes to mind. 13104 Chambord way. Let me know what you find out. I’m interested. I have posted many NODs in 10 zip codes and I see it first hand. I keep waiting wondering when the heck they are going to foreclose and they get postponed for a very long time. Just inordinate.[/quote]

    It sold for 820, and the current owners are all paid up on taxes.
    http://www.sdlookup.com/MLS-080054965-13104_Chambord_Way_San_Diego_Ca_92130

    Looks like it was just a case of relisting with a new mls #.

    April 13, 2009 at 9:31 AM #380271
    PadreBrian
    Participant

    [quote=jpinpb]Sure. I’ve got a quick one that comes to mind. 13104 Chambord way. Let me know what you find out. I’m interested. I have posted many NODs in 10 zip codes and I see it first hand. I keep waiting wondering when the heck they are going to foreclose and they get postponed for a very long time. Just inordinate.[/quote]

    It sold for 820, and the current owners are all paid up on taxes.
    http://www.sdlookup.com/MLS-080054965-13104_Chambord_Way_San_Diego_Ca_92130

    Looks like it was just a case of relisting with a new mls #.

    April 13, 2009 at 9:31 AM #380455
    PadreBrian
    Participant

    [quote=jpinpb]Sure. I’ve got a quick one that comes to mind. 13104 Chambord way. Let me know what you find out. I’m interested. I have posted many NODs in 10 zip codes and I see it first hand. I keep waiting wondering when the heck they are going to foreclose and they get postponed for a very long time. Just inordinate.[/quote]

    It sold for 820, and the current owners are all paid up on taxes.
    http://www.sdlookup.com/MLS-080054965-13104_Chambord_Way_San_Diego_Ca_92130

    Looks like it was just a case of relisting with a new mls #.

    April 13, 2009 at 9:31 AM #380503
    PadreBrian
    Participant

    [quote=jpinpb]Sure. I’ve got a quick one that comes to mind. 13104 Chambord way. Let me know what you find out. I’m interested. I have posted many NODs in 10 zip codes and I see it first hand. I keep waiting wondering when the heck they are going to foreclose and they get postponed for a very long time. Just inordinate.[/quote]

    It sold for 820, and the current owners are all paid up on taxes.
    http://www.sdlookup.com/MLS-080054965-13104_Chambord_Way_San_Diego_Ca_92130

    Looks like it was just a case of relisting with a new mls #.

    April 13, 2009 at 9:31 AM #380631
    PadreBrian
    Participant

    [quote=jpinpb]Sure. I’ve got a quick one that comes to mind. 13104 Chambord way. Let me know what you find out. I’m interested. I have posted many NODs in 10 zip codes and I see it first hand. I keep waiting wondering when the heck they are going to foreclose and they get postponed for a very long time. Just inordinate.[/quote]

    It sold for 820, and the current owners are all paid up on taxes.
    http://www.sdlookup.com/MLS-080054965-13104_Chambord_Way_San_Diego_Ca_92130

    Looks like it was just a case of relisting with a new mls #.

    April 13, 2009 at 11:13 AM #380042
    SD Realtor
    Participant

    Gotya JP yeah there were some definite shenanigans that happened before hand. One (I guess you can call it poetic justice) piece about that is that they were in the process of short selling the home and the lenders just foreclosed right in the middle of the short sale process.

    So I guess what you were pointing out is that a number of NODs are the results of potential fraud in the past. Yep I could not argue with that.

    April 13, 2009 at 11:13 AM #380314
    SD Realtor
    Participant

    Gotya JP yeah there were some definite shenanigans that happened before hand. One (I guess you can call it poetic justice) piece about that is that they were in the process of short selling the home and the lenders just foreclosed right in the middle of the short sale process.

    So I guess what you were pointing out is that a number of NODs are the results of potential fraud in the past. Yep I could not argue with that.

    April 13, 2009 at 11:13 AM #380499
    SD Realtor
    Participant

    Gotya JP yeah there were some definite shenanigans that happened before hand. One (I guess you can call it poetic justice) piece about that is that they were in the process of short selling the home and the lenders just foreclosed right in the middle of the short sale process.

    So I guess what you were pointing out is that a number of NODs are the results of potential fraud in the past. Yep I could not argue with that.

    April 13, 2009 at 11:13 AM #380548
    SD Realtor
    Participant

    Gotya JP yeah there were some definite shenanigans that happened before hand. One (I guess you can call it poetic justice) piece about that is that they were in the process of short selling the home and the lenders just foreclosed right in the middle of the short sale process.

    So I guess what you were pointing out is that a number of NODs are the results of potential fraud in the past. Yep I could not argue with that.

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