Security sign in every front yard.3.

I feel like I know you two personally, since I have spent the past few weekends listening to the pod casts while doing yard work....Wendell De Guzman I would love to speak /compare notes regarding the securitization audits, I assume you are referring to RMBS rather than CMBS.

One investor in SoCal would do minor but very tasteful landscaping in the front yard to really WOW the curb appeal.

It looks like the foundation is good, new windows, new roof, fenced in back yard.

I drive neighborhoods looking for vacant houses that are not listed with an agent (no sign in the yard); I do take note of FSBO houses as well and call them to identify go/no-go sellers.

Plus it would be nice to manage a remodel from my front yard.

It's amazing how many sellers will swear the properties are tenanted until you go stand in the front yard and stare at an abandoned building.

What kind of furniture is on the porch/in the yard?

The loan balance was less than $8,000 and the house was worth $130,000The house and the yard looked like no one had lived there in a long long time.I could have sent a postcard to the owner with a DO NOT FORWARD ADDRESS CORRECTION notice on the card so it would hopefully come back to me with the forwarding address for the owner.But with foreclosures, you have to get to the owner FAST and there is a lot of competition so I did not want to wait for the postcard to come back.Instead I talked to the neighbors.

We recently did not renew a tenant in a very nice newer (2006) house in an excellent neighborhood in Las Vegas, as she kept leaving the trash can in front of the garage, violating HOA rules, and id not pull a few weeks (the yard is mostly 3" rocks), drawing a fine from the HOA.