Foreclosure Pitfalls – Buying Banked Owned Properties Part II The following photos really illustrate how tricky the foreclosure market can be. The damage in this property pretty much eliminates 75% of all qualified buyers as only very particular financing is available for this type of property. What I could not capture in the photos is that […]
Simi Valley Dog Park Now Open
Simi Valley Dog Park Now Open (Map Below) I made it up to the Simi Valley Dog Park last Monday Evening with my pooch “Bentley”. I was quite surprised. I love the location. This section of Simi Valley in the Santa Susana Mountains is breathtaking and has the best views of the surrounding hills, canyons and valley…better […]
A Fistful of Dollars – Part II (attn: Simi Valley – Loan Modification)
As you know, the Federal Government announced a wide variety of very important changes for homeowners last Wednesday, March 4. Simi Valley home owners can start working on your own loan modification right now but you will have to wait a little longer for the 105% refinances. In the interest of keeping this email as […]
Simi Valley School Teachers Get Pink Slips
Simi Valley School Teachers Get Pink Slips Yesterday was Pink Slip Friday and many teachers were let go so the state bureaucracy could line it’s pockets with education money and send teachers to the unemployment lines. The Teachers would not take this laying down and a massive protest was organized for the corner of Sycamore […]
Top 3 REO-Forclosure Purchasing Pitfalls (Simi Valley Real Estate)
Top 3 REO-Forclosure Purchasing Pitfalls (Simi Valley Real Estate) I am going to focus several blog posts on REO purchases. The Simi Valley Real Estate market is experiencing more than half of it’s sales with distressed homes; a good portion of these being REO or otherwise known as foreclosures. 1. Getting caught up in the […]
Buying up Bad Mortgages is one Solution
Buying up Bad Mortgages is one Solution Here is a nice video short form CBS News on how some investors are out looking for ways to capitalize on the folly created by our government and banking system. Watch CBS Videos Online
Simi Valley Moorpark Real Estate YTD Sales Report through February 2009
Simi Valley Moorpark Real Estate YTD Sales Report through February 2009 The Headline for Simi Valley Moorpark Real Estate is…..”NOT MUCH HAS CHANGED”. That is except for inventory continues to shrink. Typically shrinking inventories favor sellers with modest increases in pricing, but the combination of tight lending criteria, our recession/depression, unemployment now over 10% in […]
(Simi Valley) Tax Payer Bailout Prize Patrol – Video Blog
(Simi Valley) Tax Payer Bailout Prize Patrol – Video Blog This is a very funny youtube Video on the Bailout money. Sit back and enjoy!
Morgage Markets – A Fistful of Dollars
American Recovery and Reinvestment Act of 2009 Guest Post from Michael Chabot Hi Everyone, In keeping with the “The Good, the Bad and the Ugly” theme of previous email updates, I thought I should go in another direction with the Clint Eastwood thing thanks to the amazing effort about to be put forth by the […]
Simi Valley Housing Sales Volumes 2006-2009 (Easy Charts)
Simi Valley Housing Sales Volumes 2006-2009 (Easy Charts) Each month I prepare my market updates which can be found in the Market Update section of my blog under Catagories. I also track on a spread sheet the volumes so I can compare yearly volumes by month and try to spot any trends. Below are the […]