This Week, (1/31/10), in Foreclosures

26 Centaurus Way

26 Centaurus Way

There are 6 newbies this week.

22 Water Lily Way – The trustee sale has been postponed until 2/01/10.  The NOD recorded on 7/13/09 for $33,963.  There have been 3 postponements.

12 Northampton Place – The trustee sale is scheduled for 2/01/10.  The NOD recorded on 10/14/09 for $73,278.  This is the first scheduled auction date.

9 Marquette Way – The trustee sale is scheduled for 2/01/10.  The NOD recorded on 7/24/09 for $64,324.  Total amounts owed on the 1st, 2nd, and 3rd are more than $2,000,000.  This is the first scheduled auction date.

6 Aquila Way – The trustee sale has been postponed until 2/01/10.  The NOD recorded on 3/18/09 for $83,842.   There have been 4 postponements of the trustee sale.

4 Via Terracaleta – The trustee sale is scheduled for 2/04/10.  The NOD recorded on 10/08/09 for $48,999.  This is the first scheduled auction date.

12 Shire – The trustee sale has been postponed until 2/04/10.  The Notice of Trustee Sale appears to have been filed by the CZ Master Association because the published bid is only $6,723,70.

24262 Fairway Lane – The trustee sale has been postponed until 2/04/10 and was filed by the CZ Master Association.

31752 Secoya Way – The trustee sale has been postponed until 02/04/10.  The notice of sale amount is $2,765,464.10 and the trustee sale date has been postponed twice.

7 Pictor – The trustee sale has been postponed until 2/04/10.  The notice of default recorded on 3/16/09 for $22,195 and this appears to have been the second scheduled trustee sale date.

26 Centaurus Way – The trustee sale has been postponed until 2/04/10.  The NOD recorded on 8/19/09 for $22,027.  The trustee sale has been postponed twice.

20 Dartmouth – The trustee sale has been postponed until 2/05/10 and was filed by the CZ Master Association.

49 Charleston – The trustee sale has been postponed until 2/05/10.  The NOD recorded on 2/24/09 for $19,671 and there have been 11 postponements.

31862 Via Patito The trustee sale has been postponed until 2/05/10.  The notice of default recorded on 3/27/09 for $48,382.  There have been 9 postponements.

22732 Mandarina Lane – The trustee sale is scheduled for 2/05/10.  The NOD recorded on 8/10/09 for $101,912.    This is the first scheduled auction date.

85 Panorama – The trustee sale is scheduled for 2/05/10.  The NOD recorded on 9/23/09 for $140,347.    85 Panorama sold on 1/28/10 as a short sale for $1,500,000 so this trustee sale should be canceled within the next couple of weeks.

2 Via Andorra – The trustee sale is scheduled for 2/05/10.  The NOD recorded on 10/14/09 for $6,450    This is the first scheduled auction date and the filer is the 1st lender.  The published bid is only $277,088, so I can not imagine this going to auction.

  • sugarrr123

    February 2nd, 2010

    Reply

    I love reading your posts daily since I found this site. Any NOD or foreclosures in Valle Vista? What is the history on 26 Centaurus–that is new and interesting to me to hear the back story?

    This market is crazy and I have seen sellers who would rather let their home go to foreclosure than deal with selling it to a willing buyer through a short sale! Would love to hear your opinion on that…

    Also, it would be interesting to hear the stories on new properties listed for sale and what you think of the asking price as sometimes they seem completely ridiculous.

    • cdcrez

      February 2nd, 2010

      Reply

      In the upper right hand corner of the blog screen is a “search” box/feature. Type “26 Centaurus” and I think you will get the info you are looking for.
      I do not have personal experience with people letting their home go though foreclosure rather than short sale. I would hope they opt for the short sale and the lenders are making it much easier compared to last year or the year before that. Short sales seem to be advantageous over foreclosure for everyone involved. Short sales add to supply the same as foreclosures and as such they have the same effect on prices.
      My observation is that there are some folks who price their home to sell, and there are some who are still living in 2006. It is amusing when you see that they bought a home in 2006 and are trying to sell it for more now. It makes you scratch your head and wonder where they have been for the past few years.

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