The Mammoth foreclosure market is going nowhere. The causal observer thinks the foreclosure cycle is over. Insiders know differently. There are still plenty of distressed, underwater, and ...Continue Reading
Mammoth Foreclosures 8.0. Nightmares Abound and More Twisted Operation
My original slogan of “expect the unexpected” in the foreclosure and REO realm has recently moved in more twisted directions. While the slow turn of distressed properties continues with owners ...Continue Reading
Mammoth Foreclosures 7.7––The (Potential) Buyers and Rolling The Dice!
The REO circus of the last two weeks has exposed and verified a few growing trends in Mammoth real estate and specifically the foreclosure and REO markets. While the banks and investors who own these ...Continue Reading
Mammoth Foreclosures v7.0–Where are the screaming deals?
The controlled burn of foreclosures in Mammoth flames on but the buyers looking for the screaming deals continue to be discouraged, but it is all relative. And what would a “controlled burn” be ...Continue Reading
Mammoth Foreclosure of the Week | Meridian Court #F202
Meridian Court F202 -- Okay, it's been a little more than a week but I've been busy. Seems most of Mammoth has tried to escape to the Tropics or someplace warm and I can't blame them. My turn comes at ...Continue Reading
Mammoth Foreclosures v6.6 –– Do Not Report Fire – Controlled Burn
Mammoth weather redeemed itself. The wintry spring gave us lovely summer-like weather the past few weeks. And the trend may stick around after the current cold front moves through. The fall colors are ...Continue Reading
Mammoth Foreclosures 6.0 –– When Limbo Isn’t Really Limbo
The flow of foreclosed properties has slowed in Mammoth, but it is a temporary lull. There are plenty of properties with repeatedly postponed trustee’s sales, properties in default, property owners ...Continue Reading
Mammoth Foreclosures 5.0––New Woolys and Cash Bullies
The Mammoth REO rodeo continues to ebb and flow. Sometimes we feel on top of things and other times we feel a little buried. My mantra of “expect the unexpected” is worth repeating for buyers, ...Continue Reading
Mammoth Foreclosures 4.1–Postponements and Opportunities
Sometimes life in the small town of Mammoth becomes a bit bizarre, and the dog days of this summer have found us here again. Too many lovers of life have recently lost their lives. And just when we ...Continue Reading
