Notes from the Bay Area Foreclosure Auction

I'd turned my brother on to the foreclosure auction some weeks ago, and he'd actually taken the time to drive around to quite a few…

Median Santa Cruz home price drops to $599,000

A third of the January 2008 sales were for homes less than $500,000, more than double from previous months, and the subset of sales over…

60 Minutes Reports on the House of Cards

Yeah, I didn't catch it on 60 Minutes because, even though I have Charter Cable with the HD package and a couple of hi-def flat…

Buy Me Now at Auction

I was driving down the road this evening, out and about, doing some drive-by BPOs. I was out in North Monterey County, which if you're…

Foreclosure Specialist

I spent the last couple of days up in beautiful Milpitas, California attending a seminar called The Foreclosure Specialist. I've attended a lot of training…

A New Way to Get Locked Out

That's not too uncommon, I explained - listing agents have a habit of not calling people back, at least 10-20% of the time. ...Actually, they…

Notes from Foreclosureville

I had a phone conversation with the nice listing agent of a house a few doors down from where I have an REO listing incubating,…

A Sign of the Times – Foreclosure Auctions

I drive into one condo complex that has been especially hard hit by foreclosures and short sales - there are over a dozen units for…

Foreclosures, BPO, REO, and Me

In case you hadn't heard, foreclosures are on the rise. For years, buyers have been asking me about foreclosure opportunities, but up until the last…

Gloomy News: Sales down, Foreclosures Up

From reading the headlines, it seems there's some bad news on the national real estate scene. Here's a sampling of a couple of headlines from…