Wednesday, March 19, 2008

Again?


Shocking but true. The property at 17780 W Clinton Road in Jackson, CA is once again facing foreclosure. This place was highlighted in March of 2007 in the article "More Trustee Sales" as on the doomsday list and incredibly, here it is again.

NOTICE OF TRUSTEE'S SALE TS No. 06-28190
DEED OF TRUST, DATED 08/18/2005
Will sell on 04/08/2008 at 12:00PM
Notice of Sale is $452,952.05

Oddly enough, there is more owed now than back in March of '07 ($452k vs. $414k). Perhaps, this is one of those reverse mortgages. It seems a lot of people have those these days. :)>

Back in the day (Mar. of '07), it was being marketed at $619k. Today, there are 2 interesting offerings:
  1. Barbi Boyle has it listed at $599k (it says "reduced", um...)
  2. Village Real Estate has it at $395k - wow, that looks like $200k less than Barbi! Barbi, you need to dump Ken, sell the pink corvette, and get with the times. It does currently say "pending", but we'll see. It seems I have heard that story before. Can someone say "short sale"?
Well, good luck and stay renting.

1 comment:

Anonymous said...

I'd like to give you a happy update on this particular property. Despite months of waiting for this house to be pulled out of a bankruptcy and then a few more months waiting for the bank to approve the short sale, that house is actually in escrow and will close (knock on wood) by the end of this month. It actually was pending when you wrote this, we were just waiting for the bank to get their act together. I never thought in my life that it could take EIGHT months to buy our dream home.
--Soon To Be Home