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Old 03-28-2009, 11:07 PM
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MomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the rough
Default Resale Homes Sold March 12-18

From todays RJ. I like that they gave the parcel numbers of these homes.

RESALE HOMES REPORT - Real Estate - ReviewJournal.com

One of those listed is in my zipcode and I know the street, that particular house was for sale for almost a year

Last edited by MomMom; 03-28-2009 at 11:20 PM..
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Old 03-28-2009, 11:40 PM
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AA702 is a jewel in the roughAA702 is a jewel in the roughAA702 is a jewel in the roughAA702 is a jewel in the roughAA702 is a jewel in the roughAA702 is a jewel in the rough
8316 Celina Hills st for $30K? wow! thats in silverstone ranch?? I wonder what happened to that house that it sold for so cheap.
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Old 03-28-2009, 11:45 PM
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MomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the roughMomMom is a jewel in the rough
I'm thinking those that are the lowest priced are from trustee sales (auctions)

Finally, prices are becoming reasonable and people can afford to buy a home again!
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Old 03-28-2009, 11:56 PM
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Trustee sales are not at market. The lender offers what is owed.

It does not however mean that it is worth that. Truestee sales deal with what the place was mortgaged for on the first nortgage. Has no bearing on value.
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Old 04-04-2009, 10:32 PM
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Quote:
Originally Posted by AA702 View Post
8316 Celina Hills st for $30K? wow! thats in silverstone ranch?? I wonder what happened to that house that it sold for so cheap.
Not quite. The LVRJ gives the parcel number and the owner's home address. The owner of the home with the parcel number given lives at 8316 Celina Hills, but the parcel number matches that of a dump near Rancho and Washington.
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