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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Not sure if lenders have been raising bids, but people are paying more at the sale. Posted by Brian on March 07, 2010 at 12:47 AM In Reply to: Not sure if lenders have been raising bids, but people are paying more at the sale. posted by JK (the other JK) on March 07, 2010 at 12:42 AM : : Don't you guys think the lenders have raised their opening bids to be able to take the properties back and take advantage of the hot spring market prices themselves? They may be more open to dumping them at trustee sales again after summer. There's just not too many good deals out there in trustee sales like 3-6 months ago. Any thoughts?? : Sentiment has shifted and everyone is expecting a bump this summer. Case in point: I watched a home that I comped out at $325K in the San Gabriel Valley that was bid up to $295K last week. In January, Wedgewood won the bid for $251K for a similar home across the street. What do you mean by expecting a bump for this summer? Follow Ups: Bump up in price. I don't necessarily agree with the logic. (nt) JK (the other JK) 4:20 PM, 03/07/10 (1) OC trustee sales are not as happening as before Brian 8:52 PM, 03/07/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : Don't you guys think the lenders have raised their opening bids to be able to take the properties back and take advantage of the hot spring market prices themselves? They may be more open to dumping them at trustee sales again after summer. There's just not too many good deals out there in trustee sales like 3-6 months ago. Any thoughts?? : : Sentiment has shifted and everyone is expecting a bump this summer. Case in point: I watched a home that I comped out at $325K in the San Gabriel Valley that was bid up to $295K last week. In January, Wedgewood won the bid for $251K for a similar home across the street. : What do you mean by expecting a bump for this summer? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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