9 months later, and a $138k loss to show for it? That’s alot of money to people who work REAL jobs for their income. Do that enough times, and it’s gonna leave a scar. Although that’s just a superficial scratch compared to the sucking chest wound their pocket book will experience if similar FBs hold on to the property and try to sell, 2 years from now….
Another one sold at 1725K last year, 04/2007 sold at 1500K
Wow! $225k? I know, that doesn’t seem like very much, unless you think of it as ‘real’ money (instead of the funny money the banks have been loaning for the past 6 years). Oh, you say it IS real money?
On 162 Hayward, you’re right. It is the bank. It was purchased on 8/30/2005 for $600,000 using 100% (80 first/20 second) financing. The lender for both loans was Argent Mortgage. On 2/13/2007 it looks like the Lender ended up taking it back. On the Trustee’s Deed Upon Sale, it says the Amount of the Unpaid Debt was $505,750.67 and the Amount Paid By the Grantee was $505,750.67. Now the owner is listed as: DEUTSCHE BANK NATIONAL TRUST CO, ; ARGENT MORTGAGE SECURITIES INC,.
Private remarks for 162 Hayward: FORECLOSURE property being sold in an ‘as-is’ condition. Seller will not provide a survey, condition inspection, or home warranty. Seller makes no warranties, expressed or implied, as to the condition of the property or the presence of any hazardous substances. ——-
Posted by nirvinerealtor on 04/26/07 at 05:28 AM
IrvineRenter,
*162 Hayward is in escrow as of 4/18/2007.
*259 Lockford should be off the market in the next few days.
I will keep you posted.
Posted by No_Such_Reality on 04/26/07 at 06:20 AM
Wow, hopefully no where near asking price.
Posted by Sparta on 04/26/07 at 07:16 AM
I like the Knife Catcher symbol
Very appropriate for what’s to come
Posted by Waiting 2009 for Nasdaq 2000 on 04/26/07 at 09:02 AM
*162 Hayward is in escrow as of 4/18/2007.
April 2007 is this is new owner’s Nasdaq 4500.
Posted by squareround on 04/26/07 at 10:59 AM
Quail hill hammered:
48 Paperwhite, Irvine, CA 92603
06/2006 sold at 888K
03/2007 sold at 750K
Another one sold at 1725K last year, 04/2007 sold at 1500K
Posted by Chris on 04/26/07 at 04:22 PM
Yeah, I love the knife catcher symbol: kind of like a dream catcher, only uglier and more painful since it’s driven by greed.
Posted by anewbee on 06/10/07 at 07:51 PM
Could you provide more information about 48 Paperwhite? who is the listing agent and
why is it back in market in 3 months?
Posted by Chris on 04/26/07 at 04:17 PM
06/2006 sold at 888K
03/2007 sold at 750K
9 months later, and a $138k loss to show for it? That’s alot of money to people who work REAL jobs for their income. Do that enough times, and it’s gonna leave a scar. Although that’s just a superficial scratch compared to the sucking chest wound their pocket book will experience if similar FBs hold on to the property and try to sell, 2 years from now….
Another one sold at 1725K last year, 04/2007 sold at 1500K
Wow! $225k? I know, that doesn’t seem like very much, unless you think of it as ‘real’ money (instead of the funny money the banks have been loaning for the past 6 years). Oh, you say it IS real money?
Posted by zovall on 04/26/07 at 03:41 AM
I like the idea of the Knife Catcher Awards
On 162 Hayward, you’re right. It is the bank. It was purchased on 8/30/2005 for $600,000 using 100% (80 first/20 second) financing. The lender for both loans was Argent Mortgage. On 2/13/2007 it looks like the Lender ended up taking it back. On the Trustee’s Deed Upon Sale, it says the Amount of the Unpaid Debt was $505,750.67 and the Amount Paid By the Grantee was $505,750.67. Now the owner is listed as: DEUTSCHE BANK NATIONAL TRUST CO, ; ARGENT MORTGAGE SECURITIES INC,.
Private remarks for 162 Hayward: FORECLOSURE property being sold in an ‘as-is’ condition. Seller will not provide a survey, condition inspection, or home warranty. Seller makes no warranties, expressed or implied, as to the condition of the property or the presence of any hazardous substances.
——-
Posted by nirvinerealtor on 04/26/07 at 05:28 AM
IrvineRenter,
*162 Hayward is in escrow as of 4/18/2007.
*259 Lockford should be off the market in the next few days.
I will keep you posted.
Posted by No_Such_Reality on 04/26/07 at 06:20 AM
Wow, hopefully no where near asking price.
Posted by Sparta on 04/26/07 at 07:16 AM
I like the Knife Catcher symbol
Very appropriate for what’s to come
Posted by Waiting 2009 for Nasdaq 2000 on 04/26/07 at 09:02 AM
*162 Hayward is in escrow as of 4/18/2007.
April 2007 is this is new owner’s Nasdaq 4500.
Posted by squareround on 04/26/07 at 10:59 AM
Quail hill hammered:
48 Paperwhite, Irvine, CA 92603
06/2006 sold at 888K
03/2007 sold at 750K
Another one sold at 1725K last year, 04/2007 sold at 1500K
Posted by Chris on 04/26/07 at 04:22 PM
Yeah, I love the knife catcher symbol: kind of like a dream catcher, only uglier and more painful since it’s driven by greed.
Posted by anewbee on 06/10/07 at 07:51 PM
Could you provide more information about 48 Paperwhite? who is the listing agent and
why is it back in market in 3 months?