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South Bay Distressed Property Expert | Rocky Rockwood

Palos Verdes HomeOwner Advocates to donate a free copy of Mike Rockwood’s newest handbook written specifically for South Bay homeowners! (Click below)

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Palos Verdes foreclosure 'Gone to a better place'

By Ryan Rockwood Yet another spooky P.O.S. foreclosure in Rancho Palos Verdes went on the chopping block today. 26715 Menomine, Rancho Palos Verdes, CA didn’t have any takers though so it’s now the fabulous new property of SunTrust Mortgage! A Troubled Property Don’t believe me? Well then move your family right on into 26715 Menomine. [...]

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Luxury Oceanfront Foreclosure | Palos Verdes Peninsula

“Honey, I think we are going to be short on our mortgage payment by $165,858.” – Imagined dinner conversation of Bob Lowe, chairman and chief executive of Lowe Enterprises, The Terrenea Resort’s principal owner. Oh snap! Gosh, maybe they’ll let it slide? …Turns out they just might! As always, it’s great to be rich. And [...]

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Those wacky foreclosure auctions!

Those auction trustees must be getting a real kick out of themselves. By Ryan Rockwood  Sure, we seen many PV homes ‘accidentally’ sold at auction. And lots of other funny incidents too, resulting in Palos Verdes families getting kicked out of their long-time homes. But this week a new high (or low, or whatever). It [...]

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Foreclosure penetrates Rolling Hills gates

The Harder They Come, The Harder They Fall? By Ryan Rockwood ….If so there must have been a thunderous crash recently when 10 Poppy Trail, Rolling Hills, CA went on the auction block. It appears the minimum bid was $2,880,000 which sounds steep until you compare it the properties recent list price of $9,990,00. Holy [...]

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How NOT to price your Rancho Palos Verdes home

Are you an unrealistic Peninsula homeowner? Do you refuse to ‘give your house away?’ Well, use the recent sale of 27661 E Palos Verdes DR , Rancho Palos Verdes 90275 as your guide! I won’t get into the details but suffice it to say this ‘determined’ homeowner has been trying to sell since late 2005. (That’s [...]

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Hello RPV REO!

2062 Upland, Rancho Palos Verdes, CA …Here is a riddle: Q: What does a failed Rancho Palos Verdes short sale look like? A: The newly bank owned property pictured on the right! I don’t know the details on this one. But since the owners were at least trying to short sell this sucker I’d put [...]

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Another one bites the dust

30203 Kingsridge Dr, Rancho Palos Verdes, CA ….is one of our area’s most recent foreclosures. This is a large and very nice home located on the East side of Rancho Palos Verdes (off Miraleste). Recently this well kept home went up for foreclosure auction – but no takers at $1-million! No wonder, too. Today you [...]

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Palos Verdes Trustee Sale Results

30934 Rue De La Pierre Recorded on August 12, 2009 this home was purchased at Trustee Auction recently. Details are sketchy but it appears the sale was for approx $1million and change. The new owner is listed simply as a Trust and the mailing address an escrow business in Signal Hill. All that plus the [...]

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Palos Verdes foreclosure auction

25 Rockinghorse, RPV was lost at foreclosure auction today. This home was last sold at the height of the market – Dec. 2005 for $1,125,000. The stats: 3/2 1700sqft interior, 27,000 sqft lot with a huge SP Harbor view.

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