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Palos Verdes foreclosure auction

Rancho Palos Verdes home lost to foreclosure auction today.

Foreclosure in paradise

My longtime clients know that I am particularly interested and involved in the Palos Verdes Peninsula ‘foreclosure scene’.

Foremost, my mission is to help PV homeowners continueto be PV homeowners. So I hold seminars and private meetings and teleseminars – whatever I can to educate folks about their options.

Most people have far more options than they realize, of course.

I also find good deals for buyers.

Today a Palos Verdes dream dies

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.

Buyers: Expect to see this home on the market soon. Please email for additional pics and details. Now that the secondary liens have been eliminated the remaining lienholder has just $880,000 on the property. I believe this will be a very good buy at $950,000 while market value is probably closer to $1 million. Contact me immediately for more information.

-Ryan Rockwood

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