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Foreclosure Forum |
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OC trustee sales are not as happening as beforeIn Reply to: Bump up in price. I don't necessarily agree with the logic. (nt) posted by JK (the other JK) on March 07, 2010 at 4:20 PM : : : : 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?
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