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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Question. Posted by Bob on September 21, 2006 at 10:00 PM In Reply to: Ways to bug Ward posted by Rick, the Probate Guy on September 21, 2006 at 5:33 PM : Heidi - I couldn't help but to chime in here. While some other more helpful folks may post an answer for you on this this forum, I couldn't help to share my favorite ways of bugging Ward: : Say: "Pre-foreclosure" : Say: "Revert to the lender" : Say: "Property goes back to the lender" : Anybody else have any other terms that Ward goes ballistic over? : "Sick" Rick, the Probate Guy : Why is it professed that everything will be great at the trustee sales when the market drops. Even now almost all homes are going REO due to no equity. Why are trustee sales going to get better when prices fall further. There will be a "paucity" of buyers because there are very few deals with equity to be had and the very rare deals that come along will still have the mainstays ("pros") all over them. (LA County) Maybe other methods will be much more rewarding in a down market. (REO's, shortsales) If there is no equity due to over leveraged properties combined with reduced values, throw in benes that are aggressively protecting their positions at the sales What makes trustee sales so attractive in this cureent and future scenario? Respectfully, Bob: =============================================== : : : Does anyone have a handle on what percentage of FMV properties are selling for at Auction these days in San Diego, Orange County and Riverside? : : : Thanks... : : In San Diego, almost every property is going back to : : the Bene aka Bank(even though Ward will tell you it did not belong to the Bene in the first place.) : : Sure hope that changes soon. Follow Ups: SALE PROPERTIES GOING BACK TO BENE'S??? Jerry - Ca. 11:12 AM, 09/22/06 (7) Re: SALE PROPERTIES GOING BACK TO BENE'S??? The Short Sale Realtor 12:27 AM, 09/22/06 (4) Re: SALE PROPERTIES GOING BACK TO BENE'S??? Jerry - Ca. 2:44 PM, 09/22/06 (3) Re: SALE PROPERTIES GOING BACK TO BENE'S??? ellis 12:54 AM, 09/26/06 (1) Re: SALE PROPERTIES GOING BACK TO BENE'S??? Jerry - Ca. 2:08 PM, 09/27/06 (0) Re: SALE PROPERTIES GOING BACK TO BENE'S??? The Short Sale Realtor 7:01 PM, 09/22/06 (0) I assume you mean K, M is for millions (nt) JK (the other JK) 11:29 AM, 09/22/06 (1) I assume you mean K, M is for millions (nt) ... YES!!! Jerry - Ca. 1:27 PM, 09/22/06 (0) Pre-game show... Ward-CA 0:16 AM, 09/22/06 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Heidi - I couldn't help but to chime in here. While some other more helpful folks may post an answer for you on this this forum, I couldn't help to share my favorite ways of bugging Ward: : : Say: "Pre-foreclosure" : : Say: "Revert to the lender" : : Say: "Property goes back to the lender" : : Anybody else have any other terms that Ward goes ballistic over? : : "Sick" Rick, the Probate Guy : : Why is it professed that everything will be great at the trustee sales when the market drops. Even now almost all homes are going REO due to no equity. Why are trustee sales going to get better when prices fall further. There will be a "paucity" of buyers because there are very few deals with equity to be had and the very rare deals that come along will still have the mainstays ("pros") all over them. (LA County) Maybe other methods will be much more rewarding in a down market. (REO's, shortsales) If there is no equity due to over leveraged properties combined with reduced values, throw in benes that are aggressively protecting their positions at the sales What makes trustee sales so attractive in this cureent and future scenario? Respectfully, Bob: =============================================== : : : : Does anyone have a handle on what percentage of FMV properties are selling for at Auction these days in San Diego, Orange County and Riverside? : : : : Thanks... : : : In San Diego, almost every property is going back to : : : the Bene aka Bank(even though Ward will tell you it did not belong to the Bene in the first place.) : : : Sure hope that changes soon. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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