So, where are all the foreclosures?

[jpinpb]

DWCAP – Thanks. That’ll be my mantra for a while: “months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong”

[jpinpb]

Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?

[jpinpb]

Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?

[jpinpb]

Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?

[jpinpb]

Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?

[jpinpb]

Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?

[NotCranky]

I didn’t read this entire thread but I think the possibilty I am wondering about hasn’t been brought up.

Is it possible that BK’s are having a large effect on foreclosure timelines? Maybe piggs think too responsibly to figure out what people are doing or will do and what is happening to some of these houses as a result? I have some anecdotes but am afraid the person might check in and get really pissed, even if I change a few things to disguise the actual case. Some people know how to and have no compunction against working the system, repeatedly. Sorry for stating the obvious on that last one.

[NotCranky]

I didn’t read this entire thread but I think the possibilty I am wondering about hasn’t been brought up.

Is it possible that BK’s are having a large effect on foreclosure timelines? Maybe piggs think too responsibly to figure out what people are doing or will do and what is happening to some of these houses as a result? I have some anecdotes but am afraid the person might check in and get really pissed, even if I change a few things to disguise the actual case. Some people know how to and have no compunction against working the system, repeatedly. Sorry for stating the obvious on that last one.

[NotCranky]

I didn’t read this entire thread but I think the possibilty I am wondering about hasn’t been brought up.

Is it possible that BK’s are having a large effect on foreclosure timelines? Maybe piggs think too responsibly to figure out what people are doing or will do and what is happening to some of these houses as a result? I have some anecdotes but am afraid the person might check in and get really pissed, even if I change a few things to disguise the actual case. Some people know how to and have no compunction against working the system, repeatedly. Sorry for stating the obvious on that last one.

[NotCranky]

I didn’t read this entire thread but I think the possibilty I am wondering about hasn’t been brought up.

Is it possible that BK’s are having a large effect on foreclosure timelines? Maybe piggs think too responsibly to figure out what people are doing or will do and what is happening to some of these houses as a result? I have some anecdotes but am afraid the person might check in and get really pissed, even if I change a few things to disguise the actual case. Some people know how to and have no compunction against working the system, repeatedly. Sorry for stating the obvious on that last one.

[NotCranky]

I didn’t read this entire thread but I think the possibilty I am wondering about hasn’t been brought up.

Is it possible that BK’s are having a large effect on foreclosure timelines? Maybe piggs think too responsibly to figure out what people are doing or will do and what is happening to some of these houses as a result? I have some anecdotes but am afraid the person might check in and get really pissed, even if I change a few things to disguise the actual case. Some people know how to and have no compunction against working the system, repeatedly. Sorry for stating the obvious on that last one.

[PadreBrian]

[quote=jpinpb]Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?
[/quote]
The prop tax shows it’s an individual. Just a lol flipper, not a bank.

[PadreBrian]

[quote=jpinpb]Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?
[/quote]
The prop tax shows it’s an individual. Just a lol flipper, not a bank.

[PadreBrian]

[quote=jpinpb]Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?
[/quote]
The prop tax shows it’s an individual. Just a lol flipper, not a bank.

[PadreBrian]

[quote=jpinpb]Here’s one you’ll all enjoy. 3593 Ethan Allen.

I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.

Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.

Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?
[/quote]
The prop tax shows it’s an individual. Just a lol flipper, not a bank.

[Author]

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