The sequence of events on the home:
- Last purchased 9/14/05 for $1,350,000 with a loan for $945,000. (That's an amortized pmt of $5,488/mo PLUS another $1,100/mo in taxes)
- Property listed for sale Feb 23, 2006 $1,499,000.
- Listing expires Jan 15, 2007 after 328 days on market. Still listed at $1,499,000.
- Stopped making payments somewhere between 2/2006 & 1/2009
- Notice of default (90 day late) notice filed April 6, 2009.
- Trustee Sale scheduled Oct 29, 2009
- Trustee Sale postponed.
- Trustee Sale rescheduled for 12/15/09
- Tenant evicted from granny unit/guest house 12/9/09
- Tenant moves into main house on 12/10/09
- Trustee sale held Dec 15, 2009, minimum bid: $1,100,000
- Bank takes back property at trustee sale $932,000.
- Bank begins eviction of squatter tenant (est July 2010)
- Bank lists property Oct 14, 2010 $799,000
- Tax assessor value - $950,000
- Price reduction Nov 18, 2010 $779,000 ($20,000 drop, 3%)
- Price reduction Dec 9, 2010 $764,900 ( $14,100 drop, 2%)
- Bank continues to attempt eviction of squatter tenant Dec 20,2010
Here's the initial video of the home, shot on Dec 23, 2010
And the initial video of the granny unit/garage, shot on Dec 23, 2010
Photo of Home From Front Yard (12/29/10)
Photo of Home from East Property Line (12/29/10)
Photo of Home, Rear View/Patio (12/29/10)
Kitchen (12/29/10)
Living Room (12/29/10)
Master Bedroom (12/29/10)
View of Private Lake from Main House Patio/Deck (12/29/10)
View of Lake from guest/granny House (12/29/10)
View of Main (lft) and Granny (rt) (from lake looking south) (12/29/10)Video Update of Home Exterior and Property Lines. (12/29/10)
Video of Interior Details - Video shot Dec 29, 2010
Video of repairs needed/Contractor Inspection - Video shot Dec 29,2010 (lots of wind noise... sorry)
Video of Repairs Needed/Contractor Inspection Part 2 - Video shot Dec 29, 2010
