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Monthly Archives: April 2010
Foreclosure, Day 89; The News is Out
One more day to final default. We knew it was coming. The credit card companies have gotten word; we’ve gotten notices from two of our credit card companies letting us know that they know, and pretty much taking away any … Continue reading
Foreclosure, Day 88; Cloudy and Moody
A Wall Street Journal article says that the housing market remains clouded with many more foreclosed homes expected to hit the market later this year and over one million more next year. Banks working on modifications that will ultimately fail … Continue reading
Foreclosure, Day 87; Not So Much
Funny how the market varies from place to place. Article on Laguna Beach, CA showing a foreclosure jump of 66.7% over the last year. Poor folks there just don’t qualify for the HAMP program; the median sale price in Q1 … Continue reading
Foreclosure, Day 86;They’re Stepping It Up
And once again I think our decision to leave this house only one month after the 90 day default time instead of staying freebies for as long as possible was a very very good decision on our part. We found … Continue reading
Foreclosure, Day 85; Changing Hands
Here in Stockton it seems to go round and round. Someone walks away from their home and rents another foreclosed one that has sold and been put up as a rental. Does any of this make sense? I broke the news about … Continue reading
Foreclosure, Days 83&84; Fun, Packing, Preparing
Saturday and Sunday, April 24 and 25th. Spent the day Saturday with a soon to be daughter in law and friends to have a little bachelorette day. We met up at Wente Winery in the East Bay of San Francisco, … Continue reading
Foreclosure, Day 82; Swimming Away
One of the reports I read today talks about home sales that jumped last month. Of course. A federal tax credit good until the end of this month has everybody falling all over themselves to take advantage of that; BUT, I … Continue reading
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Foreclosure, Day 81; 5 Weeks
E-gads! Better get a move on with the packing it up scene; besides packing stuff up during the next five weeks, we also have a son’s wedding going on so a long weekend will be whittled out of my timeline … Continue reading
Foreclosure, Day 80; Fair Warning
IndyMac called yesterday just like they do every day, only this time I answered the phone…like I haven’t in over a month now. I was really expecting some kind of big message, but it was the same song and dance … Continue reading
Foreclosure, Day 79; Lizard Eyes
A wonderful article by Mark Stark that I’ve copied/pasted because I think it important for everyone to read this and think about it: Late last year, Morgan Stanley, in essence, defaulted on a 10-digit mortgage debt they were carrying. They … Continue reading
