The priciest mansion on the Orange County housing market – Newport Coast’s $37 million Villa del Lago – has been set for a foreclosure auction on June 20, threatening to end luxury home salesman John McMonigle’s quest to build an estate fit for royalty. But this isn’t all, a separate auction has been set for [...]
Foreclosure filings dropped in Coachella Valley due to processing delays, the recent report issued by RealtyTrac says. The numbers are the following: foreclosure filings fell to 1,151 in the valley during last month from 1,569 a year prior. Cities like Indio, Indian Wells, Desert Hot Springs and Palm Springs saw foreclosure levels drop about a [...]
Neda Zaengle, Chief Executive Officer of the Irvine Public Schools Foundation received a foreclosure notice from HOA. The notice was filed on May 12, for the unpaid amount of $6,250 due to the Sage Maintenance Association. Zaenge and her husband are selling their 2-story Mediterranean-style condominium as a short sale for $583,000, while public records [...]
Congregation Beth Davis in San Luis Obispo was save from the auction block. The synagogue located in Southern California reached an 11-hour agreement with its lender, Mission Community Bank in its foreclosure proceeding. The Reform synagogue was posted for foreclosure auction after it defaulted on a $3.3 million loan late last year. After long discussions, [...]
Southern California’s housing market projected its near-term resurgence in the late future as home sales fell to the lowest level for an April in three years. There was a total of 18,344 new and resale houses and condominiums sold in the area in April, down 5.5% from 19,412 in March and down 9.2% from a [...]
Coachella Valley housing market show signs of health, as home prices and sales are rising and Realtors say they see the light. There is one thing though that doesn’t change: days in market. Across the valley, it took an average 105 days to sell a single-family home during the first quarter of 2011, the California [...]
Last week was pretty agitated around the landmark Fresno Pacific Towers building on the Fulton Mall. First it was reclaimed by the bank in a foreclosure auction Monday. Than an East Coast investor put a deal on the table proposing to buy the old Security Bank building and complete the renovations that the former owner [...]
Warrior Golf Equities LLC purchased The 36-hole Cimarron Golf Resort and 18,000 square-foot clubhouse from Great Oaks Golf, a wholly owned subsidiary of Textron Financial Corp. Textron had owned the course since 2010, when it foreclosed on the property. It looks like Textron was the owner of several golf courses as it sold Woodhaven Country [...]
The latest Atlas survey for the first three months of 2011 shows that the number of foreclosed hotels jumped from 78 to 148 registering a significant 87% increase compared to the first quarter of 2010. On the other hand, the number of defaulting hotels rose much more slowly. It increased only 7% to 350. Rising [...]
