SUMMERLAND BC May over May Sales and Homes for Sale – Raymond MAASKE
June 32010
Your #1 Source for SUMMERLAND BC & PENTICTON BC Okanagan Real Estate, Homes For Sale, and Revenue Properties.
http://www.okanaganstar.com/
Duration : 0:2:43
Your #1 Source for SUMMERLAND BC & PENTICTON BC Okanagan Real Estate, Homes For Sale, and Revenue Properties.
http://www.okanaganstar.com/
Duration : 0:2:43
Beautiful North Atlanta Luxury Home For Sale in Marietta and the East Cobb County area of North Atlanta, GA – Visit http://MariettaAreaHome.com For Full Details – See This Beautiful Marietta Luxury Home Right Away! One of The Finest Homes and Best Values in the Atlanta Luxury Real Estate Market! Marietta is an upscale Community in North Atlanta with Historic Homes, Atlanta Mansions, Luxury Estates and Executive Homes.
Duration : 0:5:46
Victorville model homes being demolished.
BREAKING NEWS Developing: Another bank will begin the tear down of 20 Temecula homes in Southern California.
NEW HOMES DEMOLISHED
By Patrick Thatcher, staff writer for, Daily Press
Victorville- The housing collapse is taking a literal form for one bankrupt housing development.
Four model homes and 12 nearly finished spec homes at Bear Valley Road and Highway 395 are being demolished.
The developer filed bankruptcy about 18 months ago and the foreclosed property went to Guaranty Bank in Irvine.
A Guaranty Bank official, Real Estate Officer Dean Smith, said they were facing daily fines from the city of Victorville if they didnt do something with the homes and property that not up to code. He said it was a choice of pumping their own money into property site improvements and additional money to bring the home up to code or tear down the 16 homes.
Smith said the bank is not in the building or land development business and because of the current housing market does not see anything happening with the property for at least five years.
Our only option is to either proceed with putting more than a million bucks into the land, which weve already taken a huge hit on and lost a lot of money, or, we tear down the houses, Smith said.
He said the builder put up the homes before completing the site improvements and failed to have enough money to finish roads, walls, and other improvements that bring the community into code.
Everything just fell apart at that point and we cant sell homes that are not up to code, Smith said.
He said the city of Victorville fined the bank once because the home are out of code and would have faced daily fines if Guaranty didnt do something with the vacant houses.
There are still substantial dollars that need to be put into the land before the city of Victorville will give certificates of occupancy on the houses and the bank isnt willing to put forward that amount of money, Smith said.
He said the homes are a liability to Guaranty and that all of them are heavily vandalized inside and out with broken glass everywhere.
Our projections are that those houses would sit the way they are for at least five years, what would they be worth then? Smith said.
He said once the homes are demolished the property will be put on the market again. Calls to the developer were not returned.
Patrick Thatcher may be reached at 760-951-6227 or at pthatcher@VVDailyPress.com
Video 1
http://www.youtube.com/watch?v=qvrc7×3Amps
Video 2
http://www.youtube.com/watch?v=COy1YyVUPQ8
Bank Bailout Funds Hard At Work Part 3
Video 3
http://www.youtube.com/watch?v=B0vDkwT2VlY
video 4
http://www.youtube.com/watch?v=JGwTywKE9Ys
I want to give a SPECIAL thanks to Mike “Mish” Shedlock for helping me get this very disturbing housing story out to the public.
http://globaleconomicanalysis.blogspot.com
Duration : 0:1:37
This wonderful Springfield IL Home for Sale features 4 bedrooms, 2.5 bathrooms, and quality craftsmanship throughout. If you’d like this kind of attention brought to your home call The Troy Roark Success Team at 217.341.3577 or go to www.TroyRoark.com The Real Estate Group, Springfield IL
Duration : 0:1:52
http://www.BuildersDirectOnline.com/Homes/For-Sale/Wesley_Chapel/NC/ Find Wesley Chapel NC Homes For Sale & Wesley Chapel NC Real Estate. Print your Cash Back Rebate Voucher today for your new Wesley Chapel NC home.
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Duration : 0:3:31
FSBO Help and Home Selling Services http://MyFSBO.Me/8450-Ilex-Dr Listings and when selling get Platinum Listing for FSBO at no Cost.
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Duration : 0:5:0
www.LakeKeoweeRealEstateExpert.com www.MikeRoachOnline.com 866-371-2911 Watch Mike Roach as he takes you on a quick tour of Lake Keowee Real Estate waterfront subdivision Walker Point is located at the end of Knox Road. Walker Point is a small subdivision with approximately 5 waterfront properties all of which are waterfront. Enjoy all of the amenities of High Falls County Park within easy boating range of Walker Point. From there you are just 10-15 minutes from Seneca, SC and all that it offers including shopping, dining, world-class hospital and much, much more! For more information on this Lake Keowee Waterfront subdivision, call the Lake Keowee Real Estate Experts Mike or Matt Roach directly at 866-371-2911
Duration : 0:2:5
Thank you for viewing this video. If you this kind of attention brought to your home, contact Troy Roark at The Real Estate Group in Springfield IL. 217.341.3577. www.TroyRoark.com . troark@thegroup.com
Duration : 0:1:44
Creekstone Kennewick Washington home search tool and how to search for homes for sale. Joe and Colleen Lane provide easy to follow steps to search and save home searches in the Creekstone Kennewick Washington subdivision. For more help please contact us: http://www.joelane.com/
Duration : 0:3:4
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Duration : 0:3:19