Sengdao Vongruksukdi's Blog

By
Real Estate Agent - Starlight Realty Certified REO & Short Sale Specialist

ARCHIVED BLOG POSTS

2011 

Banco Popular de Puerto Rico, the principal banking subsidiary of Popular Inc., signed a letter of intent to sell approximately $500 million of construction and commercial real estate loans. An unrelated third party acquired the property for a purchase price equal to 47% of the unpaid principal b...
02/15/2011
First BanCorp has agreed to sell a loan portfolio with an unpaid principal balance of $516.7 million and a net book value of $438.5 million to a newly created joint venture in Puerto Rico. The size of this loan pool agreement is $185 million less than the amount originally stated for on Dec. 7, 2...
02/15/2011
Richard Northcutt, a California real estate executive, pleaded guilty in U.S. District Court in Sacramento, Calif., to a conspiracy to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County. The California Department of Justice said Northcutt and a gr...
02/15/2011
First the good news: mortgage lenders had a strong fourth quarter and profit margins on new originations were still exceedingly high even though rates began ticking up the last few weeks of the year. Now for the bad news: few in the industry think the good news of the past several months will con...
02/15/2011
This report is limited to 20 properties. Only the first 20 properties will be displayed. SENGDAO VONGRUKSUKDI  Residential   Mon, Feb 14, 2011 01:15 PM  Ref: 1 SFR  Detached  RES Active  18 Wellbrook Pl  Coto De Caza (CDC)  Price $1,700,000   Coto De Caza (CC) Zip 92679-5149 TGNO 923C6 Orange Cou...
02/14/2011
From October 31, 2010, when Halloween trick-or-treaters walked the streets until our present day, the trick has certainly been played on us--the members of the housing industry and the people that we represent. Since Halloween, the rate of the 10-year Treasury note and all other financial instrum...
02/14/2011
A few weeks ago, I had coffee with a new agent here in our area. She said she was having trouble getting investors to stay loyal to her. She asked me if it was best to have everyone sign an exclusive representation agreement. Here was my reply: "It won't hurt, but it's not your best option." She ...
02/14/2011
I want you to remember when you went to real estate school and learned how to be an agent. It might have been a long time ago; it might have been just a few weeks ago. In order to get your license you had to do some fairly grueling math. How did you do? I'll bet a lot of you had to spend some tim...
02/14/2011
Not only is the Obama Administration pledging to wind down Fannie Mae and Freddie Mac over the next seven years, but its new plan makes it clear that it will constrain the growth of the Federal Housing Administration's single-family loan program. "As Fannie Mae and Freddie Mac's presence in the m...
02/13/2011
After receiving notice that he's under investigation by the Securities and Exchange Commission, CoreLogic Chief Financial Officer Anthony "Buddy" Piszel resigned late Thursday. The SEC sent Piszel a Wells notice in connection with certain disclosure matters during his tenure as CFO of Freddie Mac...
02/13/2011
Rainer
358,400

Sengdao Vongruksukdi

Newport Beach Real Estate
local_phone(949) 650-4746
smartphone(949) 244-1597
Contact The Author