Comments on: September CA Foreclosure Report – More on the "shadow" inventory

By: John Lusby

John Lusby — Fri, 25 Dec 2009 03:35:10 +0000

There are good companies out there actually trying to help people. But unfortunately there are also bad ones that are trying to take advantage of situations. I purchased 2 forclosures and have been happy with my purchases.

By: Anonymous

Anonymous — Mon, 02 Nov 2009 18:01:00 +0000

One reason we aren’t seeing very many new REOs is because the banks POSTPONE the trustee’s sale at the last minute. The banks don’t own the home and therefore don’t have it on ANY inventory. They may be waiting for a handout from the government!

By: Sean

Sean — Fri, 16 Oct 2009 03:59:32 +0000

Word today is that out of 500,000 loan mods in progress, only 1,800
have made it out the other end, with the rest either waiting for
documentation or still in their trial period. Looks like we’ll need to
wait to see those HAMP related cancellations or sales