March 2011

There are many ways to buy foreclosures: from the no cash, no credit methods taught on late night TV, to billion dollar bulk purchases. There are significant discounts available on foreclosures, but buying a foreclosure is not a get rich quick proposition. For those willing to work, and in some cases take some risk, foreclosures [...]

A large estate on a bluff overlooking the ocean in Capistrano Beach received a $695,000 price reduction recently, according to the Southern California MLS. Located at 35341 Camino Capistrano, the home’s price dropped from $6,495,000 to $5,800,000. The estate was first listed for $6,995,000 a year ago. This home has 6 bedrooms, 5.5 bathrooms, 8,100 [...]

Despite the fact that banks claim they are ramping up repossessions again and refiling foreclosure documents, the numbers don’t appear to prove that. Foreclosure filings fell 14 percent in February month to month and fell 27 percent year over year. That is the largest annual drop since RealtyTrac began running the numbers in 2005. Foreclosure [...]

Brand new construction. Views of all kinds including distant ocean. Equestrian zoned 2.7 acres of fully landscaped and irrigated lot. Private gated estate within a gated community. Plenty of on-site parking for guests. Resort style pool with multiple waterfalls and water slide. Very private location… Two minutes to 5 and 73 freeways yet feels like [...]

Foreclosure activity slowed significantly across the board in February with filings down in Arizona, California, Nevada, Oregon and Washington. Foreclosure sales saw a similar deep dip throughout our coverage area, a dramatic about face from the surge in sales seen in January. The declines are only partly due to February having fewer filing and trustee [...]

  ·         $708,900 :: 119 Sanctuary, Irvine CA, 92620 ·         $749,000 :: 74 Linhaven, Irvine CA, 92602 ·         $629,900 :: 37 Plymouth, Irvine CA, 92620 ·         $525,000 :: 71 Alevera Street, Irvine CA, 92618 ·         $829,000 :: 8 Blackbird, Irvine CA, 92618 ·         $465,500 :: 3 Monarch, Irvine CA, 92604 ·         $402,900 :: 14642 Orange [...]