[jimklinge]

I believe the REO date is the day the actual trustee deed document is recorded at the county recorder’s office.

Once the trustee sale takes place on the steps of the court house, it takes a few days, and sometimes a couple of weeks or more, for the actual document to make it to the recorder’s office.

I guess it’s standard practice, but if it were me and I just plunked down a few hundred thousand cash, I’d like my document recorded promptly.

[jimklinge]

I believe the REO date is the day the actual trustee deed document is recorded at the county recorder’s office.

Once the trustee sale takes place on the steps of the court house, it takes a few days, and sometimes a couple of weeks or more, for the actual document to make it to the recorder’s office.

I guess it’s standard practice, but if it were me and I just plunked down a few hundred thousand cash, I’d like my document recorded promptly.

[jimklinge]

I believe the REO date is the day the actual trustee deed document is recorded at the county recorder’s office.

Once the trustee sale takes place on the steps of the court house, it takes a few days, and sometimes a couple of weeks or more, for the actual document to make it to the recorder’s office.

I guess it’s standard practice, but if it were me and I just plunked down a few hundred thousand cash, I’d like my document recorded promptly.

[jimklinge]

Call Adam, he’s a great guy.

Jim the Realtor

[jimklinge]

Call Adam, he’s a great guy.

Jim the Realtor

[jimklinge]

Call Adam, he’s a great guy.

Jim the Realtor

[jimklinge]

Call Adam, he’s a great guy.

Jim the Realtor

[jimklinge]

Call Adam, he’s a great guy.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Thanks for the support, four walling, I appreciate it.

To waitingpatiently – you don’t need ALL the houses to get down to your price – Just ONE! To answer your specific question about what price that would be, I think in the higher-end areas if you can find a great-looking house in a good location today around 2003 pricing, you’ll see it fly off the market.

Next summer? Not sure about prices then, but the fourth quarter of 2008 will be an opportunity to nab one from a desperate seller. All eyes will be on the election, school, holidays, etc., and sales should slow to a crawl (again, like in 2007). With less competition from other buyers in a market where only those sellers who really need to sell scurrying around, it will be an ideal time to bust one with a lowball offer.

I think it’s worth it to keep looking straight through, because you never know when you might find the perfect house at the perfect price.

Feel free to contact me if you’d like to discuss it further:

[email protected] or (760) 434-5000

Jim the Realtor

P.S. If you are willing to compromise on quality or location, you can do better, probably closer to 2002 pricing. But are you willing to settle? Most people aren’t. We’ll sort through the features and benefits of each house and put the right value on them, and that way, you’ll get the most, and pay the least.

[jimklinge]

Thanks for the support, four walling, I appreciate it.

To waitingpatiently – you don’t need ALL the houses to get down to your price – Just ONE! To answer your specific question about what price that would be, I think in the higher-end areas if you can find a great-looking house in a good location today around 2003 pricing, you’ll see it fly off the market.

Next summer? Not sure about prices then, but the fourth quarter of 2008 will be an opportunity to nab one from a desperate seller. All eyes will be on the election, school, holidays, etc., and sales should slow to a crawl (again, like in 2007). With less competition from other buyers in a market where only those sellers who really need to sell scurrying around, it will be an ideal time to bust one with a lowball offer.

I think it’s worth it to keep looking straight through, because you never know when you might find the perfect house at the perfect price.

Feel free to contact me if you’d like to discuss it further:

[email protected] or (760) 434-5000

Jim the Realtor

P.S. If you are willing to compromise on quality or location, you can do better, probably closer to 2002 pricing. But are you willing to settle? Most people aren’t. We’ll sort through the features and benefits of each house and put the right value on them, and that way, you’ll get the most, and pay the least.

[Author]

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