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Viewing 15 posts - 31 through 45 (of 91 total)
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    Posts
  • February 25, 2011 at 10:45 AM #672275
    javatestcase
    Participant

    Thanks SD,

    I don’t think I am serious enough to take up a lenders time yet. I would want to consult a few people before I went down that road, and I am still hopeful that one of the short sales or traditional sales we are pursuing will come to fruition.

    I agree there is value in some of these auctions. The downsides seem significant thought for people like us trying to buy a home, especially if it is not possible to view the house before.

    Thanks again, I’ll be in touch if we commit to that route.

    February 25, 2011 at 11:07 AM #671945
    SD Realtor
    Participant

    I would agree that there are many many risks and it is just not worth it for most. Keeping it simple is the way to go.

    February 25, 2011 at 11:07 AM #672290
    SD Realtor
    Participant

    I would agree that there are many many risks and it is just not worth it for most. Keeping it simple is the way to go.

    February 25, 2011 at 11:07 AM #671806
    SD Realtor
    Participant

    I would agree that there are many many risks and it is just not worth it for most. Keeping it simple is the way to go.

    February 25, 2011 at 11:07 AM #671197
    SD Realtor
    Participant

    I would agree that there are many many risks and it is just not worth it for most. Keeping it simple is the way to go.

    February 25, 2011 at 11:07 AM #671136
    SD Realtor
    Participant

    I would agree that there are many many risks and it is just not worth it for most. Keeping it simple is the way to go.

    February 25, 2011 at 11:19 AM #671821
    briansd1
    Guest

    [quote=javatestcase]

    Not currently planning to participate in any auctions, we’ve been trying to buy a home in PL/OB. My interest is primarily knowing what stage short sales are in.

    [/quote]

    It’s good research and it helps you get a better feel of the direction of the market and shadow inventory.

    IMO, it’s also good to research the level of indebtedness/equity of homeowners on the streets/buildings you are interested in.

    If you find that the majority of homeowners are upside-down, then you have a better idea of shadow distress inventory.

    As a homebuyer, the more information you have, the better the decision you’ll make.

    February 25, 2011 at 11:19 AM #671212
    briansd1
    Guest

    [quote=javatestcase]

    Not currently planning to participate in any auctions, we’ve been trying to buy a home in PL/OB. My interest is primarily knowing what stage short sales are in.

    [/quote]

    It’s good research and it helps you get a better feel of the direction of the market and shadow inventory.

    IMO, it’s also good to research the level of indebtedness/equity of homeowners on the streets/buildings you are interested in.

    If you find that the majority of homeowners are upside-down, then you have a better idea of shadow distress inventory.

    As a homebuyer, the more information you have, the better the decision you’ll make.

    February 25, 2011 at 11:19 AM #671960
    briansd1
    Guest

    [quote=javatestcase]

    Not currently planning to participate in any auctions, we’ve been trying to buy a home in PL/OB. My interest is primarily knowing what stage short sales are in.

    [/quote]

    It’s good research and it helps you get a better feel of the direction of the market and shadow inventory.

    IMO, it’s also good to research the level of indebtedness/equity of homeowners on the streets/buildings you are interested in.

    If you find that the majority of homeowners are upside-down, then you have a better idea of shadow distress inventory.

    As a homebuyer, the more information you have, the better the decision you’ll make.

    February 25, 2011 at 11:19 AM #671151
    briansd1
    Guest

    [quote=javatestcase]

    Not currently planning to participate in any auctions, we’ve been trying to buy a home in PL/OB. My interest is primarily knowing what stage short sales are in.

    [/quote]

    It’s good research and it helps you get a better feel of the direction of the market and shadow inventory.

    IMO, it’s also good to research the level of indebtedness/equity of homeowners on the streets/buildings you are interested in.

    If you find that the majority of homeowners are upside-down, then you have a better idea of shadow distress inventory.

    As a homebuyer, the more information you have, the better the decision you’ll make.

    February 25, 2011 at 11:19 AM #672305
    briansd1
    Guest

    [quote=javatestcase]

    Not currently planning to participate in any auctions, we’ve been trying to buy a home in PL/OB. My interest is primarily knowing what stage short sales are in.

    [/quote]

    It’s good research and it helps you get a better feel of the direction of the market and shadow inventory.

    IMO, it’s also good to research the level of indebtedness/equity of homeowners on the streets/buildings you are interested in.

    If you find that the majority of homeowners are upside-down, then you have a better idea of shadow distress inventory.

    As a homebuyer, the more information you have, the better the decision you’ll make.

    February 26, 2011 at 1:41 PM #672382
    UCGal
    Participant

    Sorry I’m late to this thread.

    I monitor 3 sites that I learned about here on Piggington.

    http://www.lpsasap.com/ts.aspx

    http://www.priorityposting.com/PPPAdvancedWebSearch/Pages/AdvancedSearchPage.aspx

    http://rppsales.com/Properties.aspx

    The last two seem to be the auctions at the east county court house… lpasap is mostly the downtown courthouse.

    There does not seem to be any correlation between the homes address and which courthouse…

    I originally was posting on properties before the sale – but that got really tedious with the many many many postponements.

    Now I only post the trustee sale results, after the fact, since the websites above have limited lookback… It makes it easier to see what’s going on with a property if you know it was purchased at the steps, or went back to the bank.

    I only post the zipcodes that interest me.

    February 26, 2011 at 1:41 PM #672727
    UCGal
    Participant

    Sorry I’m late to this thread.

    I monitor 3 sites that I learned about here on Piggington.

    http://www.lpsasap.com/ts.aspx

    http://www.priorityposting.com/PPPAdvancedWebSearch/Pages/AdvancedSearchPage.aspx

    http://rppsales.com/Properties.aspx

    The last two seem to be the auctions at the east county court house… lpasap is mostly the downtown courthouse.

    There does not seem to be any correlation between the homes address and which courthouse…

    I originally was posting on properties before the sale – but that got really tedious with the many many many postponements.

    Now I only post the trustee sale results, after the fact, since the websites above have limited lookback… It makes it easier to see what’s going on with a property if you know it was purchased at the steps, or went back to the bank.

    I only post the zipcodes that interest me.

    February 26, 2011 at 1:41 PM #671572
    UCGal
    Participant

    Sorry I’m late to this thread.

    I monitor 3 sites that I learned about here on Piggington.

    http://www.lpsasap.com/ts.aspx

    http://www.priorityposting.com/PPPAdvancedWebSearch/Pages/AdvancedSearchPage.aspx

    http://rppsales.com/Properties.aspx

    The last two seem to be the auctions at the east county court house… lpasap is mostly the downtown courthouse.

    There does not seem to be any correlation between the homes address and which courthouse…

    I originally was posting on properties before the sale – but that got really tedious with the many many many postponements.

    Now I only post the trustee sale results, after the fact, since the websites above have limited lookback… It makes it easier to see what’s going on with a property if you know it was purchased at the steps, or went back to the bank.

    I only post the zipcodes that interest me.

    February 26, 2011 at 1:41 PM #672243
    UCGal
    Participant

    Sorry I’m late to this thread.

    I monitor 3 sites that I learned about here on Piggington.

    http://www.lpsasap.com/ts.aspx

    http://www.priorityposting.com/PPPAdvancedWebSearch/Pages/AdvancedSearchPage.aspx

    http://rppsales.com/Properties.aspx

    The last two seem to be the auctions at the east county court house… lpasap is mostly the downtown courthouse.

    There does not seem to be any correlation between the homes address and which courthouse…

    I originally was posting on properties before the sale – but that got really tedious with the many many many postponements.

    Now I only post the trustee sale results, after the fact, since the websites above have limited lookback… It makes it easier to see what’s going on with a property if you know it was purchased at the steps, or went back to the bank.

    I only post the zipcodes that interest me.

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