Posts tagged as:

Irvine Bank owned

WHAT DO THEY MEAN SHADOW INVENTORY?

by braddhesi

If we look at SHADOW INVENTORY for Southern California we will find over 160,000 properties!  These are homes that either have a notice of default filed (missed at least 3 mortgage payments), are scheduled for auction (the next step from NOD), and are bank owned. 
What incentive do you have if the value of the home [...]

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Enormous amount of unsold Homes = Falling Prices!

by braddhesi

Home sales rise in the spring as buyers rushed to take advantage of tax credits worth as much as $8,000. To qualify, buyers had to sign purchase contracts by April 30.
Newly signed contracts plunged by 30% in May from the previous month, when the tax credit expired.
Sales fell in most parts of the country in [...]

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HOUSING MARKET CONTINUES TO TAKE A PLUNGE. WHY IT’S THE BEST TIME TO BUY A HOME!

by braddhesi

 “Depressed home prices were originally thought to be a 3 to 5 year problem. Unfortunately for many owners, builders, investors, and speculators, it’s beginning to look like a 25-year problem.”
The housing market, whose collapse pulled the economy into recession in late 2007, is stalling again! In major markets across the country, home sales are deteriorating, [...]

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Irvine Bank owned properties

by braddhesi

Resort like setting, Irvine Bank owned
Ultra cool urban style Irvine Bank Owned condo at Avenue 1 just needs you to add your personal style. This 2nd floor 1 bedroom, 1 bath condo has a spacious living/dining room, plenty of space for all of your clothes in your walk in closet. Chill, read, or work [...]

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Bank owned properties in Irvine

by braddhesi

Ultra cool urban style Irvine Bank Owned condo, $359,900
Ultra cool urban style Irvine Bank Owned condo at Avenue 1 just needs you to add your personal style. This 2nd floor 1 bedroom, 1 bath condo has a spacious living/dining room, plenty of space for all of your clothes in your walk in closet. Chill, read, [...]

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Irvine REO listings!

by braddhesi

Irvine REO - Desirable end unit condo!
2 bedroom 1 bath end unit in sought after neighborhood in Irvine. Excellent floor plan, kitchen has been upgraded with new cabinets, bay window and new appliances. Hardwood floors, cathedral ceiling and newer fireplace make the living and dining area a pleasant place to be in. A [...]

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