Ouch….!!! This man lost $137,000 and is upside down on his “investment”. I have added the link to the answers to a Trulia Q&A question that was asked by an investor in El Dorado Hills, California that had purchased a property at a courthouse auction. While this case is a little unusual, I think from […]
Archives for September 2010
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Bank repo buyers discover house built of railroad ties | News10.net | Sacramento, California | Local News
This is what can happen if you don’t get a “Home Inspection” If you are thinking of buying a home or an investment property, don’t skimp on the inspections because you might be sorry. Trying to save a couple of bucks can cost you. Case in point…? This sad story really could have been […]
Two New Bank Owned Duplexes Just Hit the Market…!
One of these is the best I’ve seen in a while, the other has location but needs some work. I woke up this morning and got the update in my email account. I was excited to see some new Bank Owned/REO Duplexes hit the market. So… I made an effort to get out […]
Cash is Still King for Sacramento’s Bank Owned/REO Duplexes
Two new listings I profiled here recently closed – All Cash – No Financing When I profiled these Bank Owned Duplexes just about a month ago it didn’t really surprise me that both of them went to a Pending Sale status shortly after I posted the article. One of them, 7444 Robmar Court, Citrus Heights, […]
Is This Short Sale a Deal or Not…? I Think It is…!
Especially when you see the comparison I make..! We’ve been trying to sell the home at 125 Rambling, Folsom for a few months now. We did have an accepted offer at $305,000 with 3% of the sales price to be given as a credit to the Buyer for Closing Costs and $11,500 to pay […]
Is a Home Protection Plan Worth The Money…?
Ask the New Owners of a Duplex Purchased Through a Short Sale. We closed escrow on a Duplex located at 5945 Moss Creek Circle in Fair Oaks about two months ago. The Buyer did employ North American Home Services to inspect the property for defects and completed a structural pest inspection. While this Duplex […]
This Folsom Condo will re-rent quick…!
Why… Because it’s near everything. Nature Trails Community Pool Neighborhood Shopping & Restaurants are just up the street Briggs Ranch Neighborhood Park with pick-nick tables & Volley Ball sand lot & Play Ground Farmers Market right there at the corner of Blue Ravine and East Natoma every Friday morning Folsom Point entrance to Folsom Lake about a […]