More Foreclosure Relief? Depends on what Schwarzenegger has for Breakfast.

More Foreclosure Relief? Depends on what Schwarzenegger has for Breakfast.

August 20, 2010 by Michael · Leave a Comment 

Additional Anti-Deficiency Protection is Almost Here! On Thursday, August 19, the California Senate approved SB1178. This bill extends anti-deficiency protections to homeowners who refinanced their mortgages, but didn’t take any cash out, and are now facing foreclosure. Ok, in plain english: Most people don’t realize, that when they’ve refinanced their existing mortgage to get a [...]

What is HAFA?

What is HAFA?

May 25, 2010 by Michael Koenig · Leave a Comment 

What’s happening in the housing market? What’s being done about it? Learn about the government’s new HAFA program, providing foreclosure avoidance options including short sales and deeds-in-lieu of foreclosure. Here’s the big picture, clearly explained. Would you like to know if you qualify for HAFA? or any other Home Retention or Foreclosure Prevention programs? Click [...]

37113 Dutra Way, Fremont, CA – REO

37113 Dutra Way, Fremont, CA – REO

April 30, 2010 by Michael · Leave a Comment 

REO. OPENHOUSE Saturday, August 21, 12-3pm. Charming single story single family home in Fremont; 3 bdrm/1 bath; wall-to-wall carpeting; Updated Kitchen and Bath; Dual-Pane Windows throughout; large lot; work shed in backyard; 1 car attached garage Posted via web from SFBayRealtor (aka Michael Koenig)

Foreclosure Auction on the County Courthouse Steps

Foreclosure Auction on the County Courthouse Steps

March 22, 2010 by Michael Koenig · 2 Comments 

We made a little field-trip to the Alameda County Courthouse in Oakland, California. Today was simply another day on the steps of the courthouse. There were about 110 properties scheduled for the sale. However, after all was said and done, I think only ONE property was actually sold to a high bidder What happened to [...]

No Market Untouched – High End REO Listing

No Market Untouched – High End REO Listing

March 16, 2010 by Michael Koenig · Leave a Comment 

3860 San Antonini Way, Pleasanton – Quick Video Walk-Through. REO. Ruby Hill near Pleasanton / Livermore California. Luxury Home. Italian villa. Impressive Grand Foyer. Sweeping Spiral Staircase. Foreclosure.

January 2010 California Foreclosure Report

March 15, 2010 by Michael · Leave a Comment 

I couldn’t have said it better myself. In January 2010 we saw that despite apparent declines in foreclosure filings, daily foreclosure activity is up on all fronts as the foreclosure stalemate continues. Publicly reported figures are not always the ‘whole’ truth. Sean O’Toole from ForeclosureRadar.com put’s together a great market report which reveals the other half [...]

Why Strip when you can Bulldoze?

March 10, 2010 by Michael · Leave a Comment 

I think this guy took things WAY too far. An Ohio man bulldozed $350k home to avoid foreclosure. http://bit.ly/cUDf5M Posted via web from SFBayRealtor (aka Michael Koenig)

So Where Are These REO Listings?

So Where Are These REO Listings?

March 3, 2010 by Michael Koenig · Leave a Comment 

So Where Are These REO Listings? You are ONE click away from finding some REO listings in the East Bay area. Click here to see them. Buying bank owned properties There is a lot of interest in buying bank owned properties these days. A lot of information, some good and some bad, is floating around [...]

CONSUMER ALERT!! – FORECLOSURE RESCUE SCAMS

March 3, 2010 by Michael Koenig · Leave a Comment 

If someone who is not your mortgage lender promises to save your home and asks for you to pay money up front, WATCH OUT. Fraudulent foreclosure consultants target homeowners who are behind on their mortgage payments.  Here’s what you can do to avoid becoming a victim: DON’T transfer title or sell your house to the [...]

36960 Darvon Street, Newark, CA

36960 Darvon Street, Newark, CA

December 31, 2009 by Michael Koenig · Leave a Comment 

REO / Bank Owned Property. Large Home in Newark, near the Lake. Was completely remodeled from the original floorplan, but needs work (previous owner gutted portions of the property).