You Are on the Default Train in Grizzly Flats

All aboard - you're on the Default Train! Hang on, it may be a rough ride!

I know, you may be saying to yourself, "Where in the heck is Grizzly Flats?" Here is a map in case you feel the need to tell somebody, "Yes, I really was there, honest."

Well, apparently the lender knows exactly where it is even if nobody else does - and they want their money.

From the Mountain Democrat (Public Notices Section), here is the official Trustee Sale number and notice for the following gem in the rough:

NOTICE OF TRUSTEE'S SALE T.S. No. 5386Loan No. 08-702182-00 YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 4/17/2006.

(Notice the Deed of Trust Date - hmmm.)

So, the story goes that waaaay back in October of 2006 (do you remember back that far?) the asking price was $365k as seen here:

4xxx Creekside Dr, Grizzly Flats, CA 95636MLS ID: 40170088
$365,000.004 beds, 2 baths, 2224 sq. ft., 1 acres

Well, in chapter 2 of this epic novel, one thing led to another...a payment was missed...a vacation purchased...and they decide to sell in this "hot" market to get out of their dilemma.

Uh oh, it turns out that living way out in the sticks is not as popular as one may have formerly believed and gee, it may have been asking a bit much for someone to fork out over $2k per month to live in that metropolis.

It is now down to $270k and look at all you get - think of about that...since October, that is about $23k savings per month. I wonder what the price will be next month.

February 7, 2007
Price $270,000
Type 1 House on Lot
4xxx Creekside Dr
City Grizzly Flats, 95636
Subdiv Grizzly Park
Stories 1 Story
Sq Ft 2224
Cost / Sq Ft $121
Faces Northeast
Year 2006
Lot Size - Acres 1.130
Bed 4
Full Baths 2
Half Baths 0
Fireplace(s) Family Room,Gas Burning Log
Heat Central,Natural Gas
Garage No Garage,Other
Laundry 220 Volt Hook-Up,Gas Hook-Up,Inside Laundry Room
Landscape Low Maintenance
Remarks Wow Best Value. Brand New way under market value. Secluded in a gorgeous area of Grizzly Flat with great views. Open/Spacious floor plan with custom details. 25 minutes from Placerville, 45 mins from Folsom, 59 miles from Kirkwood Ski Resort. Manufactored home on a permanent foundation. Won't last, bring all offers!

But you better hurry, because the auction date for this "manufactored" home has been set for 2/21/2007 at 10:00 AM.

Place of Sale: At the main entrance of the County Courthouse - 495 Main Street Placerville, CA.

All aboard!