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temeculaguy
Participantsquatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.
temeculaguy
Participantsquatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.
temeculaguy
Participantsquatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.
temeculaguy
ParticipantDid the L/L show you the contents of the letter? Not sure what the statute of limitations is on opening your landlord’s mail so I will make no confessions, but I was in the exact same scenario awhile back. I was also told something similar by my L/L and just like in your case, nothing showed up on any internet database.
I also ran a little google search about certified letter foreclosure notification spam…..nothing relevent. You could be the fisrt person to get one (I still can’t figure out the business model of a company that would front that kind of money blindly), or, to paraphrase what urban said, something stinks in Denmark.
How does that saying go, “put your trust in Allah, but tie up your camel.”
temeculaguy
ParticipantDid the L/L show you the contents of the letter? Not sure what the statute of limitations is on opening your landlord’s mail so I will make no confessions, but I was in the exact same scenario awhile back. I was also told something similar by my L/L and just like in your case, nothing showed up on any internet database.
I also ran a little google search about certified letter foreclosure notification spam…..nothing relevent. You could be the fisrt person to get one (I still can’t figure out the business model of a company that would front that kind of money blindly), or, to paraphrase what urban said, something stinks in Denmark.
How does that saying go, “put your trust in Allah, but tie up your camel.”
temeculaguy
ParticipantDid the L/L show you the contents of the letter? Not sure what the statute of limitations is on opening your landlord’s mail so I will make no confessions, but I was in the exact same scenario awhile back. I was also told something similar by my L/L and just like in your case, nothing showed up on any internet database.
I also ran a little google search about certified letter foreclosure notification spam…..nothing relevent. You could be the fisrt person to get one (I still can’t figure out the business model of a company that would front that kind of money blindly), or, to paraphrase what urban said, something stinks in Denmark.
How does that saying go, “put your trust in Allah, but tie up your camel.”
temeculaguy
ParticipantDid the L/L show you the contents of the letter? Not sure what the statute of limitations is on opening your landlord’s mail so I will make no confessions, but I was in the exact same scenario awhile back. I was also told something similar by my L/L and just like in your case, nothing showed up on any internet database.
I also ran a little google search about certified letter foreclosure notification spam…..nothing relevent. You could be the fisrt person to get one (I still can’t figure out the business model of a company that would front that kind of money blindly), or, to paraphrase what urban said, something stinks in Denmark.
How does that saying go, “put your trust in Allah, but tie up your camel.”
temeculaguy
ParticipantDid the L/L show you the contents of the letter? Not sure what the statute of limitations is on opening your landlord’s mail so I will make no confessions, but I was in the exact same scenario awhile back. I was also told something similar by my L/L and just like in your case, nothing showed up on any internet database.
I also ran a little google search about certified letter foreclosure notification spam…..nothing relevent. You could be the fisrt person to get one (I still can’t figure out the business model of a company that would front that kind of money blindly), or, to paraphrase what urban said, something stinks in Denmark.
How does that saying go, “put your trust in Allah, but tie up your camel.”
temeculaguy
Participant[quote=sdrealtor] At $1.22M they paid a 2001/2002 price.[/quote]
See, I knew it would happen for my coastal sd brothers and sisters, and we aren’t even in winter yet. First, a couple of popcorn kernals pop, next thing you know it’s going off. Between now and February, we will hit bottom in NCC, it took some time but the signs are there, the spring rally was long but it will slow down, bargains to be had this winter, might even get a little of that shadow stuff (aka bigfoot), but by this time next year, either the economy turns around or inflation shows up. I’ll reference this post in a year when 2001 prices will look like March 09 stock prices. Don’t get too greedy piggies, 2001 pricing was always the goal (eternal props to oc renter) and just like r/e doesn’t go up forever, the reverse is true.
temeculaguy
Participant[quote=sdrealtor] At $1.22M they paid a 2001/2002 price.[/quote]
See, I knew it would happen for my coastal sd brothers and sisters, and we aren’t even in winter yet. First, a couple of popcorn kernals pop, next thing you know it’s going off. Between now and February, we will hit bottom in NCC, it took some time but the signs are there, the spring rally was long but it will slow down, bargains to be had this winter, might even get a little of that shadow stuff (aka bigfoot), but by this time next year, either the economy turns around or inflation shows up. I’ll reference this post in a year when 2001 prices will look like March 09 stock prices. Don’t get too greedy piggies, 2001 pricing was always the goal (eternal props to oc renter) and just like r/e doesn’t go up forever, the reverse is true.
temeculaguy
Participant[quote=sdrealtor] At $1.22M they paid a 2001/2002 price.[/quote]
See, I knew it would happen for my coastal sd brothers and sisters, and we aren’t even in winter yet. First, a couple of popcorn kernals pop, next thing you know it’s going off. Between now and February, we will hit bottom in NCC, it took some time but the signs are there, the spring rally was long but it will slow down, bargains to be had this winter, might even get a little of that shadow stuff (aka bigfoot), but by this time next year, either the economy turns around or inflation shows up. I’ll reference this post in a year when 2001 prices will look like March 09 stock prices. Don’t get too greedy piggies, 2001 pricing was always the goal (eternal props to oc renter) and just like r/e doesn’t go up forever, the reverse is true.
temeculaguy
Participant[quote=sdrealtor] At $1.22M they paid a 2001/2002 price.[/quote]
See, I knew it would happen for my coastal sd brothers and sisters, and we aren’t even in winter yet. First, a couple of popcorn kernals pop, next thing you know it’s going off. Between now and February, we will hit bottom in NCC, it took some time but the signs are there, the spring rally was long but it will slow down, bargains to be had this winter, might even get a little of that shadow stuff (aka bigfoot), but by this time next year, either the economy turns around or inflation shows up. I’ll reference this post in a year when 2001 prices will look like March 09 stock prices. Don’t get too greedy piggies, 2001 pricing was always the goal (eternal props to oc renter) and just like r/e doesn’t go up forever, the reverse is true.
temeculaguy
Participant[quote=sdrealtor] At $1.22M they paid a 2001/2002 price.[/quote]
See, I knew it would happen for my coastal sd brothers and sisters, and we aren’t even in winter yet. First, a couple of popcorn kernals pop, next thing you know it’s going off. Between now and February, we will hit bottom in NCC, it took some time but the signs are there, the spring rally was long but it will slow down, bargains to be had this winter, might even get a little of that shadow stuff (aka bigfoot), but by this time next year, either the economy turns around or inflation shows up. I’ll reference this post in a year when 2001 prices will look like March 09 stock prices. Don’t get too greedy piggies, 2001 pricing was always the goal (eternal props to oc renter) and just like r/e doesn’t go up forever, the reverse is true.
temeculaguy
ParticipantOk, I read the whole article and the graphs below it, and there is a contraditction between the headline and the data. Look at the data by county near the bottom and the comparisons with last month and last year, almost all of the major counties in so cal are down. The only counties with monthly or YOY increases are Mono, Plumas, San Luis Obispo, Kings, Siskyou, and San Francisco. The narrative also mentioned flat NODS, increased NOTs but decreased Sales back to the bank, which makes me think that loan mods and short sales are taking a bite, that is the real story. None of it supported the headline and it read more like a commercial for the website than a news article.
Just Break it down, an inflamitory headline, little supportive documentation and the phrase “Foreclosureradar, the only website that tracks every California foreclosure and provides daily auction updates” in the first sentence.
Seriously, the owner of the website has posted here before, Sean needs to respond to my mild and friendly accusation that this is more of an advertisement than a news story.
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