Realty World – Your Property Source

“I want to buy an investment property in Sacramento area and would appreciate any insight into it where schools are good and I can get 10% ROI. Area should have potential for future appreciation. I want to invest less tha 300K”

The above question was brought to our attention on Trulia.     See what I and other Real Estate people had to say by CLICKING HERE

I’ve answered this question before and have my opinions along with those of other Brokers in the area.    By the way, if you don’t know, Trulia is a website that can be a great resource regarding the real estate business.

In the mean time..?

Make it a Great Day…!!!

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

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This question was raised on Trulia by a Buyer confronted with this “Dilemma” on the purchase of a home.

Even in the “best” of times or a “normal” real estate market, this situation is always a bit stressful for a buyer.  If I was a buyer in this situation I would also have some “angst”.

If you’d like to see what I and other Real Estate professionals had to say about it…  I’ve provided the link to all of our answers below.

By the way… this question was from a local person here in the Sacrament area, but this buyer got answers from all around the country.

ENJOY THE READ BY CLICKING HERE

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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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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