Which houses go to market

[moneymaker]

I have a theory, I’m thinking that foreclosures that go up for sale are the ones that were carrying seconds from another lender. Saw a nice big house in Ramona that apparently got foreclosed on in 30 days and when I was there they had landscapers fixing up everything outside. Recorded owner bought it in 2001 for 432K and I’m sure it would go for much more than that today, it’s not officially on the market yet,so I don’t know the asking price. Opinions? For those with access the address is 2939 Duck Pond Lane 92065,am I right?

[moneymaker]

It would give the lenders the most return on their money if they selectively screened which homes get sold first, assuming they foreclose first.

[moneymaker]

It would give the lenders the most return on their money if they selectively screened which homes get sold first, assuming they foreclose first.

[moneymaker]

It would give the lenders the most return on their money if they selectively screened which homes get sold first, assuming they foreclose first.

[moneymaker]

It would give the lenders the most return on their money if they selectively screened which homes get sold first, assuming they foreclose first.

[moneymaker]

It would give the lenders the most return on their money if they selectively screened which homes get sold first, assuming they foreclose first.

[SD Realtor]

I don’t think having a second or not has anything to do with when a foreclosure goes up for sale. Obviously making sure the home is ready for sale is the first thing, tenant/owner eviction etc… Other more obscure things like IRS right of redemption would be another. There is a 120 day right of redemption. Any other legal matters may delay the home going to market as well. Finally there may be issues like open permits that need to be dealt with and the investors that now own the property may not want to deal with them at present. So beyond those sorts of issues all of them should theoretically go for sale. Now it is improbable this happens so why some go and some do not at that point is a good question but doubtful that a previous second had anything to do with it.

[SD Realtor]

I don’t think having a second or not has anything to do with when a foreclosure goes up for sale. Obviously making sure the home is ready for sale is the first thing, tenant/owner eviction etc… Other more obscure things like IRS right of redemption would be another. There is a 120 day right of redemption. Any other legal matters may delay the home going to market as well. Finally there may be issues like open permits that need to be dealt with and the investors that now own the property may not want to deal with them at present. So beyond those sorts of issues all of them should theoretically go for sale. Now it is improbable this happens so why some go and some do not at that point is a good question but doubtful that a previous second had anything to do with it.

[SD Realtor]

I don’t think having a second or not has anything to do with when a foreclosure goes up for sale. Obviously making sure the home is ready for sale is the first thing, tenant/owner eviction etc… Other more obscure things like IRS right of redemption would be another. There is a 120 day right of redemption. Any other legal matters may delay the home going to market as well. Finally there may be issues like open permits that need to be dealt with and the investors that now own the property may not want to deal with them at present. So beyond those sorts of issues all of them should theoretically go for sale. Now it is improbable this happens so why some go and some do not at that point is a good question but doubtful that a previous second had anything to do with it.

[SD Realtor]

I don’t think having a second or not has anything to do with when a foreclosure goes up for sale. Obviously making sure the home is ready for sale is the first thing, tenant/owner eviction etc… Other more obscure things like IRS right of redemption would be another. There is a 120 day right of redemption. Any other legal matters may delay the home going to market as well. Finally there may be issues like open permits that need to be dealt with and the investors that now own the property may not want to deal with them at present. So beyond those sorts of issues all of them should theoretically go for sale. Now it is improbable this happens so why some go and some do not at that point is a good question but doubtful that a previous second had anything to do with it.

[SD Realtor]

I don’t think having a second or not has anything to do with when a foreclosure goes up for sale. Obviously making sure the home is ready for sale is the first thing, tenant/owner eviction etc… Other more obscure things like IRS right of redemption would be another. There is a 120 day right of redemption. Any other legal matters may delay the home going to market as well. Finally there may be issues like open permits that need to be dealt with and the investors that now own the property may not want to deal with them at present. So beyond those sorts of issues all of them should theoretically go for sale. Now it is improbable this happens so why some go and some do not at that point is a good question but doubtful that a previous second had anything to do with it.

[bill@yourfhaguru.com]

Zillo http://www.zillow.com/homes/map/2939-Duck-Pond-Lane-92065_rb/
thinks it is worth $570,000

[bill@yourfhaguru.com]

Zillo http://www.zillow.com/homes/map/2939-Duck-Pond-Lane-92065_rb/
thinks it is worth $570,000

[bill@yourfhaguru.com]

Zillo http://www.zillow.com/homes/map/2939-Duck-Pond-Lane-92065_rb/
thinks it is worth $570,000

[bill@yourfhaguru.com]

Zillo http://www.zillow.com/homes/map/2939-Duck-Pond-Lane-92065_rb/
thinks it is worth $570,000

[Author]

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