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September 24, 2009 at 3:37 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #461700September 24, 2009 at 3:37 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #461905
urbanrealtor
Participant[quote=sdrealtor]My pleasure Eugene and I can offer one possible explanation. The house on Atherton shows being listed and sold by the builder. It hasnt recorded yet in the tax records and frequently builder sales do not.
Here is one possible scenario. In LC Oaks I heard that Davidson did not pay their sales people the bonuses they were due but rather gave them below market deals on the models. Perhaps those sales were along similar lines I.e. a low price was given to an employee or vendor in lieu of some payment due). Things like that happen.[/quote]
Dude, if you pull the existing grant deed, you can reverse-engineer the price based on the DTT.
Most builder sales don’t explicitly mention the price (thus necessitating this maneuver). SDR, do you know the reason for that?
I always assumed it was ‘cuz they wanted to control the openness of the market info.Your thoughts?
September 23, 2009 at 3:34 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #460768Participant[quote=Allan from Fallbrook]I’m coaching a kid whose family is at 18 months and counting since their last mortgage payment (Fallbrook/Valley Center area).
They received NOD six months in and haven’t made a payment for a year following and still no Notice of Trustee sale from the bank.
Talking to the dad, he indicated that he actually hasn’t heard anything from the bank since the NOD and is treating no news as good news. I asked him if thought about calling the bank and asking what is up and his response was, “Hell, no!”. He figures better to leave well enough alone.
Pretty amazing when you think about it. This isn’t the only family I know of in this situation. I know no less than six people in Temecula/Murrieta area in roughly the same boat.[/quote]
Allan’s version is becoming the norm.
Or rather, it is the norm.
September 23, 2009 at 3:34 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #460961Participant[quote=Allan from Fallbrook]I’m coaching a kid whose family is at 18 months and counting since their last mortgage payment (Fallbrook/Valley Center area).
They received NOD six months in and haven’t made a payment for a year following and still no Notice of Trustee sale from the bank.
Talking to the dad, he indicated that he actually hasn’t heard anything from the bank since the NOD and is treating no news as good news. I asked him if thought about calling the bank and asking what is up and his response was, “Hell, no!”. He figures better to leave well enough alone.
Pretty amazing when you think about it. This isn’t the only family I know of in this situation. I know no less than six people in Temecula/Murrieta area in roughly the same boat.[/quote]
Allan’s version is becoming the norm.
Or rather, it is the norm.
September 23, 2009 at 3:34 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #461303Participant[quote=Allan from Fallbrook]I’m coaching a kid whose family is at 18 months and counting since their last mortgage payment (Fallbrook/Valley Center area).
They received NOD six months in and haven’t made a payment for a year following and still no Notice of Trustee sale from the bank.
Talking to the dad, he indicated that he actually hasn’t heard anything from the bank since the NOD and is treating no news as good news. I asked him if thought about calling the bank and asking what is up and his response was, “Hell, no!”. He figures better to leave well enough alone.
Pretty amazing when you think about it. This isn’t the only family I know of in this situation. I know no less than six people in Temecula/Murrieta area in roughly the same boat.[/quote]
Allan’s version is becoming the norm.
Or rather, it is the norm.
September 23, 2009 at 3:34 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #461374Participant[quote=Allan from Fallbrook]I’m coaching a kid whose family is at 18 months and counting since their last mortgage payment (Fallbrook/Valley Center area).
They received NOD six months in and haven’t made a payment for a year following and still no Notice of Trustee sale from the bank.
Talking to the dad, he indicated that he actually hasn’t heard anything from the bank since the NOD and is treating no news as good news. I asked him if thought about calling the bank and asking what is up and his response was, “Hell, no!”. He figures better to leave well enough alone.
Pretty amazing when you think about it. This isn’t the only family I know of in this situation. I know no less than six people in Temecula/Murrieta area in roughly the same boat.[/quote]
Allan’s version is becoming the norm.
Or rather, it is the norm.
September 23, 2009 at 3:34 PM in reply to: How Long Does It Take Before the Bank Takes The Houses Back? #461576Participant[quote=Allan from Fallbrook]I’m coaching a kid whose family is at 18 months and counting since their last mortgage payment (Fallbrook/Valley Center area).
They received NOD six months in and haven’t made a payment for a year following and still no Notice of Trustee sale from the bank.
Talking to the dad, he indicated that he actually hasn’t heard anything from the bank since the NOD and is treating no news as good news. I asked him if thought about calling the bank and asking what is up and his response was, “Hell, no!”. He figures better to leave well enough alone.
Pretty amazing when you think about it. This isn’t the only family I know of in this situation. I know no less than six people in Temecula/Murrieta area in roughly the same boat.[/quote]
Allan’s version is becoming the norm.
Or rather, it is the norm.
Participant[quote=jetonejet]I have PDF copies of all of them for the past 3 years. I would love to post it but Im sure Id be sued for copyright infringment.[/quote]
Please email them to me.urbanrealtor at gmail
Its the kind of thing I like to get drunk and read to friends.
My poor friends.
Participant[quote=jetonejet]I have PDF copies of all of them for the past 3 years. I would love to post it but Im sure Id be sued for copyright infringment.[/quote]
Please email them to me.urbanrealtor at gmail
Its the kind of thing I like to get drunk and read to friends.
My poor friends.
Participant[quote=jetonejet]I have PDF copies of all of them for the past 3 years. I would love to post it but Im sure Id be sued for copyright infringment.[/quote]
Please email them to me.urbanrealtor at gmail
Its the kind of thing I like to get drunk and read to friends.
My poor friends.
Participant[quote=jetonejet]I have PDF copies of all of them for the past 3 years. I would love to post it but Im sure Id be sued for copyright infringment.[/quote]
Please email them to me.urbanrealtor at gmail
Its the kind of thing I like to get drunk and read to friends.
My poor friends.
Participant[quote=jetonejet]I have PDF copies of all of them for the past 3 years. I would love to post it but Im sure Id be sued for copyright infringment.[/quote]
Please email them to me.urbanrealtor at gmail
Its the kind of thing I like to get drunk and read to friends.
My poor friends.
Participantcould you post a url?
Participantcould you post a url?
Participantcould you post a url?
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