DrShort
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parcel viewer won't show you if it's in the process of being foreclosed. you will need the owner's name and to search county records for a notice of trustee sale. you can use the parcel viewer to get the owner's name though.
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Actually I graphed out the lag time and it lines up with 4 months. Also the correct coversion rate into foreclosures is about 25%. A NTS is generally filed 90 days prior to the auction, so I think 3 months is better. There were 4330 NTS fi…
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A notice of trustee sale names an auction date about 3 months in the future. So a notice recorded today, *might* turn into a foreclosure in July. If you align NTS filings with Trustee Deed filings 3 months later, you find that about 40% of NTS b…
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March is only a week old and there's already been 300+ notices of trustee sale filed this month.
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An update... I put my house on the market and it sold within a day at full price (Greenlake area). I've decided to rent for a bit and check out the market next spring. I must admit, despite my pessimism about the current housing market, there w…
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Gold's had a big run up and is historically volatile. I don't see how that's a safe investment for the short term.
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1) The house sold for $149000 in 1999 You can't always assume a "sale" is really an on the market transaction. For instance, getting a non family member off the title of a home forces a "sale" at 1/2 the outstanding loan balance. Divorce …
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Alan wrote: What if people think in terms of payments? Today your 5.25% loan on $550k has a payment around $2500. At 7% with a $2500 payment you can borrow around $415k. How do you feel about a $135k drop? If you think interest rates are goi…
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Markor wrote: I think house prices will fall more than $20K in that range in the next six months, so if it were me I wouldn't worry about interest rates during that time frame. I dunno. I can get a 10/1 Jumbo ARM right now with no points …