Orange county ny foreclosure listings ga,homes for sale in spring hill fl 34609 weather,free foreclosure listings in el paso tx dyer,bank owned homes for sale utah 529 - Step 3

Orange County Choppers foreclosure in Newburgh, NY : Celebrity Foreclosures — Celebrity homes, rich and famous homes, celebrity bankruptcies and more bad real estate news! Once a year, Orange County takes properties for non-payment of taxes through a foreclosure process.
Great news to begin your holiday weekend, soon you’ll be able to finance or refinance your love shack with a 30-year fixed for under 3 percent! The recent economic turmoil has left many wondering if the housing market will soon decline. Based on first-quarter data, Arch calculated the risk of price drops in all of California – as well as in Orange, Los Angeles, Riverside or San Bernardino counties – at a “minimal” 2 percent vs.
The National Association of Realtors said that its seasonally adjusted pending home sales index fell 2.5 percent to 106 in January. It’s the traditional change of seasons for home shopping, as the prime time of spring and summer ends. Southern California’s housing slowdown lingered through April for a seventh straight month, although the market picked up a bit in last month, housing market tracker DataQuick Information Systems reported Tuesday.
Los Angeles and Orange County house prices have leveled off, but still were 18.9 percent higher in January than the same month a year earlier, a key housing measure released Tuesday shows. Southern California home prices remained flat in July from a month earlier as more houses went on sale and interest rates rose.  The median sales price in the six-county region was $385,000 last month, unchanged from June, DataQuick said Wednesday.
Many economists say the increases should moderate as the inventory crunch driving much of the gains loosens through new construction and as more owners become enticed to put their homes on the market. The weather is getting colder and the real estate market has remained hot despite the holidays being around the corner. Real Estate Tips – If you’re an out of country home buyer and need to get a home loan then preparation is key.
IDA gave important tax breaks to OCC in exchange of the company building the headquarters in the New-York State county. OCC lawyer Richard Mahon states that in 2007 the building had an estimated market value of $12 million, but now is worth only $7 million. Do you think the bank wants to repossess a building they loaned 12m for when it’s only worth 7m?
After all is said and done , maybe we will see the industry ( custom bike building ) come back to it’s roots. I don’t think anyone should jump the gun here and get too excited about OCC losing anything. What OCC looks like they’re implementing is a pre-bankruptcy strategy, but more importantly, for OCC to go forward with ANY reorg plan, they’re going to have to be able to demonstrate a reasonable expectation of supporting cash flow and asset values- uh, how many shows left in the new series?
We all see stories like this on every block of America lately, tho in hindsight, WTF was GE thinking, loaning 100% money to these monkeys to build a palace based upon a TV show fad, out in the middle of nowhere? It didn’t make any sense even back during the peak, as numerous posts on the Cyril Huze blog suggested when this place was built. It seems to me if you borrow the money and agree to pay it back over a certain amount of time you need to do what you agreed to do or your word is worthless.
Kind of like the ginormous HD imposed chrome emporiums that are having a hard time keeping the doors open. After a significant loss, you may experience all kinds of difficult and surprising emotions, such as shock, anger, and guilt. Accepting them as part of the grieving process and allowing yourself to feel what you feel is necessary for healing including getting drunk. Chopperblaster, been reading your comments around a few forums, are you connected with PJD? Look at you Ungreatful Chopper Builders, and Parts Makers that should be about 80% of you!. I am in on the Jeff Nicklus comment by “madpuppy” above – when are you going to do an interview with Mr. Frankly it is my belief that OCC has been nothing but a detriment to the motorcycle industry. I believe they can pay, Sr has walked away with well over a hundred million in cash from all the sales (excluding motorcycle sales).
This is great news, I have 2 loans for a small garage and equipment and I employee 32 men and 2 admins. Hey look,im sr and i can do what i like,i can control the bank loan even piss off the family and i still make crappy bikes that no one wants,i say turn it into a coffee shop,thats about all its good for,sr can get a job there as a tea boy,no that wouldn`t work,he would not get his ego in the apron,plus being jacked up on steriods wouldn`t go down well with the customers. He needs to get rid of the brown noses,get Jr back and let him run the workshop as for jason he would get one hell of a kick up the backside,who does he think he is,his nose is so far up sr`s arse its not roses hes smelling,cant stand that bloke,anyone with the right softeware can design the same types of bikes he is doing,he is doing nothing special,the old man has to get Jr back,otherwise he will lose the lot,its a big move he has made with occ and if it goes tits up he only had himself to blame,as for playing with his creditors,thats just plain stupid,thats my opinion.
All you people that have your head up SR’S a–, I find it just funny as hell ITS A TV SHOW PEOPLE!!!
If Paul senior can afford the mortgages he has, he is obligated to pay them., It is people like him that put America in the hole that it is in today. The problem here also is when he refinances these loans, the bank is going to want to see VALUE in OCC.
Yes it is just a TV show, I really dont give a crap what happens to SR, he has proven to be a very bitter to be old man with no family that gives a crap about him , just sad how he treats his own flesh and blood, that should be the real story hear , Loans , Mortgages etc is just that , paper with signatures.
At least Jr got to set some things straight with the Ironhorse editor this weeks episode, from all the lies that Sr spewed, also the low life Lee who crawls back kissing Sr’s butt, what a joke, he also spewing lies all over.
Hopefully it will all end soon for the sake of the families sanity, but I think Sr is so hard headed and in denial to the point of no return. I think we should follow the lead of the super genius Paul Sr and not pay our mortgages if the value of our homes decreased. There have been many much larger companies that have done this in order to get a change on their rates for their loans ( ex: GM, Chrysler, AIG and others ). Another example on how some people and some companies refuse to take responsibility for their own actions.
Not surprisingly, GE Capital reportedly filed a foreclosure action against Orange County Choppers late in 2010. Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Choose up to 3 vehicles to compare side-by-side on price, features, performance, cost of ownership and more. Guide to the latest ADAS offerings, including Blind Spot Monitoring, Turn Assist, Backup Collision Warning and more. Thirty-year mortgage rates have never been that low in the 45 years since Freddie Mac began tracking them in 1971. The chance of a widespread drop in local or statewide home prices in the next two years is practically nil, according to a new forecast from a private mortgage insurer. The decline comes after the sales index averaged 108.9 in 2015, its highest level since 2006. The full-year median – or price at the midpoint of all 2015 sales – was $610,000, figures from Irvine housing data firm CoreLogic show.
Late summer is a time when life starts focusing on things outside of buying or selling a home. Meanwhile, home price gains are leveling off, with buyers paying 13 percent more on average than a year earlier — the smallest year-over-year gain since September 2012.

Higher prices and mortgage rates have pushed many families and investors to the sidelines, causing sales to tumble.
However, sales remained below the level of a year ago, despite slight improvements in the statewide housing demand. Buyers purchased 25,419 new and resale houses and condos in July, 23.5% more than a year earlier and the strongest July since 2005. Rising mortgage rates should further cool the market as housing becomes more expensive, they say. If you don’t have established credit in the USA then it will take much longer to get you preapproved for a home loan. Accuracy of all info-regardless of source is deemed reliable but not guaranteed & should be personally verified with the appropriate professionals. The Orange County IDA is not liable for the back mortgage payments because a clause in the lease-back arrangement indemnifies it against default by Orange County Choppers. Consequently, he says that OCC stopped making payments to put pressure on GE Commercial Finance to modify the terms of the 2 loans. They are fighting for a loan restructure, just like half the people who got mortgages in the 90’s that can no longer afford to pay them. While these feelings can be frightening and overwhelming, they are normal reactions to loss. The industry is down, the TV show is dropping and the feuding issues between father and son are more and more dratic every day. He is doing this as a weight factor and to see what he can do to not pay Jr what he believes is owed to him. Even though I work in residential real estate, I KNOW that a bank will do nothing for you if they know you can pay the mortgage and if Paul Senior has the bucks, then he needs to pay the money he agreed to pay back and yes, with interest ! The loan companies will not talk to you unless you are behind on your loan, then they will try to pressure you to comply with the terms that were agreed upon instead of being willing to lower the rate. No where is it written in any loan documentation that the lender is responsible for the future value of the secured property nor obligated in any way shape or form to modify those loans.
Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination. It appears that the economic fallout from ‘Brexit’ will at least have one upside for American home owners and for home buyers requiring financing. Arch MI’s quarterly housing reports pegs the risk of a price drop based on a host of real estate trends, credit market factors and economic patterns. A year ago, California’s price-drop risk was 8 percent, equal to the national risk level in 2015’s first quarter.
So assuming a borrower gets the average 30-year conforming fixed rate on a $417,000 loan, last year’s rate of 3.66 percent and payment of $1,941 is $31 less than this week’s payment of $1,941.
Orange County’s median selling price for all residences was $608,500 in the period – up 2.8 percent compared to a year ago, CoreLogic reported. The median price of a Southern California home, or price at the midpoint of all sales, was $404,000 in April, up $47,000 from the same time last year. A total of 20,008 new and previously occupied condos and houses changed hands in April, 6.6% fewer than a year earlier. The four months of March, April, May, and June are statistically the busiest time of the Orange County real estate market. Still, the index values of local single-family homes tracked by Case-Shiller have been virtually flat since October. Reliable sources tell me that OCC is structured via different independent companies and that assets are substantial and protected. They stop making payments then then the bank freaks because the bank does not want the building so they lower your interest and your payments drop drastically.
Very nice looking ride and from the reveiw it seems to run just as well with that 140 inch motor…Nice Work and I bet you did not have to have a Glass House to build it in. He sounds like someone Id like to call a friend, reading what he says here on your blog makes him sound pretty darn interesting.
I am currently in the middle of negotiating with the bank to purchase the building but the building is worth less than what it was 3 yrs ago.
What I don’t especially like is the way these reality show producers steer good guys like you into some of the ridiculous story lines they do. As for the TV show, I think going forward you’ll see some changes that reflect more of the day to day operations of the company. The fair market of 99% of business’ out there is ZERO seeing that most are in debt up to their eyeballs to stay afloat right now in the current economic situation we are all in, OCC has money and will have for quite a while BUT I believe Sr is just trying to find an out at this point or an easy way to cut down spending on a month to month basis. Why does OCC, or any other person or entity for that matter, feel that the lender should change the terms of their agreement.
According to reports, the elder Teutul has missed two large payments on the building, one for $96,400 and another for $14,000, not because he or the company doesn't have the funds, but due to a disagreement in the current valuation of the building.
Recent economic turbulence has raised questions about the durability of housing’s rebound from its collapse and the Great Recession. On the other hand, last year’s 4.8 percent price appreciation rate was the lowest since 2011.
There were 2,868 Orange County residences sold in the period, up 1.2 percent from a year ago. Homes prices have risen quickly this year amid historically low mortgage rates, an improving economy, tight inventory and heavy investor demand. So, don’t assume that OCC or that Paul Senior are broke because their real estate loans are not paid on time…Real estate business as usual, recession style. Donald Trump declared Chapter 11 several times and we consider him one of the best financial minds of all times. I’ll follow up with everyone from the curb when they kick me out for being delinquent. I do not know details but I will say there are and have been alot of businesses,large and small,that are going through various situations of adjusting to this economy that was forced on all of us. I hope that it all works out for the best for OCC and as far as the bank is concerned,I have no love for any large bank-whatsoever.
They Put the World’s greatest and Biggest Corporations and Private Organazations into BUILDING a Chopper to help with their Image.
Now we all need to make an effort to fix all the issues that OCC, and the other 10000 hooligans who entered the industry to make a quick buck and 15 minutes of fame, have caused.
I liked your show much better when it was about how to run the business and the great ideas you had.
At the beginning, the mortgage companies did not think that there was going to be such a LARGE number of people who would have problems so they were willing to take the house or business property back. When OCC borrowed the money they agreed to pay it back at the agreed upon terms, but now feel that the lender should modify the loan to take part in the real estate investment loss.
Designs.As the father and son battle out in court over a stock buyout between the two Teutuls (Paul Sr. But a shortage of listings has weighed down the potential for sales increases akin to last year’s increase. And despite last year’s 7.4 percent gain, 2015 transactions lagged behind 2013’s tally and were 13 percent below average, CoreLogic figures show.

10, Steve Thomas’s ReportsOnHousing found widespread dips in activity by sellers, and buyers. The median selling price was $455,000 — that is 12.3% higher than a year earlier and the highest price for any month in four years.
When you are dealing with a large financial institution,you are not dealing with something that exhibits ethical practices,ect.I have to stop before my blood pressure goes up.
And all of you Little Shop Owners or Weekend Bike Repair Shops or Welding Shops a way in the Chopper business! I’m bringing my daughter Lena (Bigun) with me to Cincinatti this year & she is very excited! Maybe it is time he looks at getting back into the steel fabrication business and leave the bikes to the truly deserving. Then when the numbers grew to numbers that they could not keep and still stay in business, they went to the federal government to ask for a bailout ( which they got ). Would it be acceptable if the property value went up, the lender could then modify the loan to take part in the gain? If any images that appear on the website are in Violation of Copyright Law or if you own copyrights over any of them and do not agree with it being shown here, please also contact us and We will remove the offending information as soon as possible.. Steady job growth and low mortgage rates have bolstered demand for housing from the recent lows caused by the Great Recession.
Another feature of 2015: Distressed housing – foreclosures, bank-owned homes, “short sales” – all but disappeared accounting for only 4% of real estate deals. On the other hand, falling oil prices is good for California, Krueger said, and that’s good for the housing market.
The study was part of DataQuick’s October housing release Tuesday reporting that Southern California home sales increased 25.2 percent from year-ago levels. Almost all businesses are restructuring to help profits and if you had a business Scott, you would be doing the same thing to keep you and your employees fed. Lately its gotten just a little too far fetched for my taste but thats just one asshole’s opinion. As far a seniors personal ethics with his family, I don’t know how the man or boy can sleep at night. If Jr or Micky worked anywhere else and did the things they did on the show, I don’t think that they would have worked there very long.
Sales between $300,000 and $800,000 – a range that would include many move-up buyers – jumped 41.5 percent year-over-year.
I doubt you could get a bank to restructure a bank loan for a Harley but hundreds of thousands of Americans are doing it to save their homes.
He started out with a steel fab shop that his #2 son now owns, then the chopper shop ( before OCC ), gave his sons jobs that they did not have to work very hard at and got paid real well. Junior, which follows the two motorcycle shops as they struggle to build bikes in the moments when they aren’t trying to destroy each other.
The number of listings on the market in January fell 2.2 percent from a year ago, the Realtors said in a report last week. For example, despite that recent slowness putting market time at an eight-month high, the Orange County market is quicker than a year ago when Thomas calculated market time at 98 days, compared to 80 days currently. Remember people their TV show is still on air and Walmart is still selling the OCC shirts and bikes and lunch boxes. Is this yet another property that the lending institutions will foreclosure on (and “we the people” will pay for) or another scam to lower the mortgage? Appraiser are usually working for the people who have hired them and yes they can sway results, its not legal but it does take place. In October a home buying streak continued, house sales rose in 72 of 83 Orange County zip codes.
People realize they are buried in a Style of a Motorcycle that they are not going to Ride, because you can’t go to the Bar enough to make their Choppers useful. Sr chose the wrong people to listen to and it is going to cost him not only his business but his family.
In the past four weeks, the supply of homes priced below $1 million fell 1 percent while demand fell 4 percent. Only if the building is ceased by the bank or OCC is forced into bankruptcy should you well wishers start celebrating.
Meanwhile, the supply of homes priced above $1 million fell 2 percent while demand fell 6 percent.
High buyer demand is mostly responsible for the low inventory but seasonal adjustments are also in play. Micky has tried a few things and it seems like most have not worked out for him ( got the artist loft to work in after Jr.
If you borrow then you should pay it back or you will be shunned by the Blogger’s on this site, Bullshit. That would be the best ending to the show and so they have a future as a family, not as reality stars. Remember you Chopper Builders, these are the Banks that are charging you 26% – 35% for your Cards that you are Floating (Living)with.
And for all you Motorcycle Owners out there that are upset about being Under Water with your Bikes, who told you that they were Investments? There is a Price of Ownership, and if you ride them the Value increases, even with a Chopper !!!!!!!!!!! Kenneth Noisewater Oh, btw, any loan forgiveness or writedown in principal will still need to have taxes paid on it.. Travelled the world, met and hung out with celebs and all the free publicity that went with the show.
Everyone involved has a percentage of responsibility and we don’t have the inside track to any of this. Unfortunately the network controls what we see and hear and leaves us to speculate what we believe to be the correct answer.I want to see how to build choppers and the creative process that makes it happen.
I’d also like to see answers to fan mail and how to segments without yelling, tantrums and profanity. He created the OCC logo which is still being used and did most of all the designing of the bikes with OCC.
A may have been his money, but without his son, Rick & Vinnie, there would not be any Orange County Choppers. How could they convey anything by taking parts out of a box and bolting them together or sending a steel spider web out to be chrome plated then bolting it on some conspicuous place.Then the fame and notoriety went right to the point of their heads. Good riddance clown squad… JaLee The way Sr constantly puts Jr and Mikey down is pitiful.
He only has his wishy washy wife and nothing more… Hans Jacobs (from Holland) You all tend to forget that it is the fighting in the show that gave it the dynamics and turbo-launched OCC. The saddest thing about all the a s s kissing is-they are happy Pauly is gone thinking they are going to step up into his position (Brown Nose 101).What gets me is how he talks shit about P Jr.

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