Foreclosures Plummet! but…

Foreclosures plummeted 33% nationwide from a year ago according to Irvine based RealtyTrac.  In Ventura County that number declined 18%.  Most economists believe this reflects a slower process from the banks rather than an easing of distressed sellers.  I personally find this rather difficult to believe.  Statewide, sales were down .9% from April.  Prices remain

Should I Stay or Should I Go (part 2 of 2)

When I’m on a listing appointment where the seller owes more than the property is worth, and they lacks the hardship required for a short sale, the conversation usually ends up with the seller asking, “Tim, what are my options?”  My response usually begins the same, “Well, I’d like to see you avoid foreclosure.”  And