Realty World – Your Property Source

Our loan processor is not responding.   The initial escrow date they gave us was 3 weeks.   We could not get hold of the loan processor.    Is there any thing we can do to extend out escrow date …?  How does it work please let me know…

Is is “panic” time…?    I don’t think so.   This was a question asked by a first time home buyer on Trulia.com

Take a look at what I and other professionals had to say about this kind of situation by CLICKING HERE.

Make it a Great Day….

Ed Favinger, Broker, CRS, GRI, SFR           favinger@rwnetwork.com          916-203-1260

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Live Near Million $$$ Homes – Payments Cheaper Than Rent

I was out and about looking at property and have seen this one a couple of times on the MLS.   Click Here for the basic information if you’d like to see it.

This property is nestled in a pretty nice area with Oak Trees everywhere.   If you looked at the map on the link above maybe you noticed how close to the American River Parkway this property is near.  You owe it to yourself to drive by this property and the neighborhood.

This Duplex would be a great “owner occupied” candidate if you wanted a Single Family neighborhood feel.

I GOT VIDEO…!   I GOT VIDEO…!

Click On Here and join me on my walk around the property.

Click on this link to see the immediate neighborhood around this property

Cash Flow…?   You Want Cash Flow…? Or would you like to live in one unit and rent the other?   This is one property that could go either way.   You have to buy it for the right price though.  Although it’s listed at $319,900, it’s not going to sell for that in my opinion.   I think it should sell for something near or at $250,000.   If you look at the comparable sales data, there hasn’t been one sell for much over that,  if any.

Click Here for the comparable sales to prove my point.

Click the link below this paragraph for my projections – which includes costs to fix up calculated in.   I’ve got figures if you are a “Non-Owner Occupied Cash Flow Investor”  or you’re maybe a 1st time buyer and want to live in one side and “rent the other”.

Go Here To Get the Projections

If you’ve seen the projections and are curious about what you can get for rent in this neighborhood, go to this website that will give you the data.   It only asks you for the address and bedrooms nothing more, but it does show the location of the comparable rentals in nearby neighborhoods.

Let me know what you think.

In The Mean Time…?

MAKE IT A GREAT DAY…!!!

Ed Favinger, Broker, CRS, GRI, SFR         favinger@rwnetwork.com       916-203-126-

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An Up to Date Look at Some Recent Sales Activity – Some Stats and More

The reason I like these particular areas among others is because they have been easy to rent for the most part.   Citrus Heights has become an incorporated city since I moved here years ago bringing more local control of their resources.    You can see the results of their stewardship of tax dollars along Greenback  and especially along the Sunrise Blvd corridor.    They’ve done a nice job promoting the Sunrise Market Place which has to compete with other shopping areas in Sacramento, Folsom and Roseville.

There is a nice mix of Duplex investment properties in this area so if you are looking to buy your 1st investment property, you wouldn’t go wrong here.

Carmichael is an unincorporated area that has a diverse mix of housing.   You can find some pretty expensive homes here along with a mix of Apartments, Duplexes and the like.

Over the years this area has been popular with investors because of the mix of these types of properties are sprinkled in with single family home type of neighborhoods.

Take a look at the map of the area and you’ll see it’s got a unique location.   Not a lot of work centers here… it’s primarily a residential area.

Here’s the comparable sales report for both Citrus Heights and Carmichael.  I’d like to know what you think.    CLICK HERE to get a PDF file with the sales data…

Now… in the Mean Time…?

Make it a Great Day..!

Ed Favinger, Broker, CRS, GRI, SFR         favinger@rwnetwork.com    916-203-1260

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• Calender of Events in Citrus Heights

I picked up this article and thought I’d pass it on.

I’m not sure I agree with all of it.   The article attempts to predict what features we will have in the new home of the very  near future.   As you read this, be sure take a look at what they say will be some of the amenities that will be in and what will be out.

I’m going to profile an amenity in the next day or so that I think adds so much value to just about any home out there.   And..?  I’m amazed more home builders don’t design it in because I know it’s a “winner”.

Until I post that article, take a look at their predictions and let me know what you think.

A Look at The Home of the Future

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR         916-203-1260          favinger@rwnetwork.com

Related articles

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