Welcome Home

We managed to take a brief summer respite at Stinson Beach. Then we came back to this. Welcome home, indeed!

REO Speedwagon

Everyone seems to be interested in forclosures these days. Real Estate Owned (REO) listings are everywhere and everyone wants to cash in. Not surprisingly, it's not as easy to get into this market as it might appear. This article in today's SF Chron spells out some of the pitfalls.

For Better or Worse

After a blogging sabbatical, we're back with an interesting article from today's SF Chron.

One of the reasons it's so difficult to tell where the market is going right now is that lenders don't seem certain what's in their best interest. Many are willing to work with struggling homeowners to keep them in their homes. Others "are really convinced that a repayment or modification is not in their best interest; that a foreclosure may be a better thing."

Stay tuned...