Saturday, October 3, 2009

Northern Virginia Weekend Bits Bucket 10/3-10/4, 2009

Please post your local house search updates, MLS finds, on-topic ideas, and links here.

Posted by Harriet at 9:50 AM

7 comments:

MM said...

SALES DATE SALES
5/13/2009 $521,507 ONEWEST BANK FSB
2/28/2000 $309,000

in the tax record above, does $521,507 refer to the total mortgage balance? or mortgage + auction cost? or something else?

thanks!

10/3/09, 6:00 PM  
Harriet said...

MM,

A foreclosure?

I think it's just the first trust.

10/3/09, 6:05 PM  
pat said...

http://franklymls.com/dynamicHtmlGen.aspx?Id=AR7010489

interesting.

This place was up for sale this spring for
148K, it went UC and then it's back
for sale and is UC at 165K.

what do you all think?

10/4/09, 11:18 PM  
pat said...

Now this unit spent most of the
year for sale Frank says it was up
for sale since june, but i think it's
been on sale before on a cancelled listing.

http://franklymls.com/AR7080827

but

http://franklymls.com/AR7168415

given all these houses are all about the same on that street, i think, the agent has utterly failed
to do any comparative pricing.

10/4/09, 11:55 PM  
contrarian said...

Nothing to see here, move along...

Risk of deflationary collapse greater now than in 2007

Regarding the outlook, my analysis is grim. I am not a doomsayer, I follow the cash, and so far, I’ve been correct, and the government has been wrong. Here’s the situation. We are at greater risk of a total meltdown due to a deflationary collapse than we were in 2007. After the greatest Ponzi scheme in the history of the capital markets, we’ve seen history’s greatest fiscal and monetary expansion, but it hasn’t worked. Debt levels of consumers and business exceed the capacity to repay.

10/5/09, 2:07 AM  
Cara said...

pat,

Presumably the second one is a real sale who can close quickly that is trying to catch a sucker.

Style: "transitional", wow that sounds appealing.

10/5/09, 7:51 AM  
anielarke said...

Pat: The second duplex in Westmont on Glebe Rd. priced at $305,000 is not a short sale while the one under contract is a short. That owner has other properties in Westmont and is selling them off slowly. Not sure if you really want to be on that part of Glebe Rd. as it is where the traffic backs up to turn on Columbia Pike. Try some of the owners on Ivey St (one block over and oriented toward the single family homes in Arlington Heights). I picked up 2 duplexes there and the long-time owners kept them in better shape than the rentals or shorts on Glebe.

10/5/09, 10:29 AM  

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