Can someone explain, how long will the lender keep an REO? Does this allow them to pump up their $$ solvency if they have this on their books at the high appraised value? When is it unprofitable for the lender to hold onto an REO?
THe wage increases –are they across the board? Because the min. wage did not increase that much. So what sector showed an increase in wages?
sdrealtor, you can look at the house that never seems to sell in Cardiff. (I think it’s 2068 Bulrush) We have talked about it many times here, however I think the view sucks because its blocked by the neighbors trees. My saved search in zip had it at 949-1,149 for 323 days. The “new” listing forgot out about the 949 and is back up to the top.