Cameron Park Investment Property Coming Back on the Market…?

Two Single Family Detached Homes on One Lot..

tamis cambridge

 

We have a buyer that is having difficulty qualifying for a loan and we’ve placed this one back up on the “Active Release” status.

Once we get another offer acceptable to the Seller, the current Buyer will have 24 hours to withdraw from the contract.

The best part about this deal is that the tenants are already in place and want to stay.

This property is in a great location and unique in that it is surrounded by Single Family Homes.   While it’s located near parks, schools and shopping, it’s also a short distance to the Highway 50 onramp to the El Dorado Hills, Folsom and Rancho Cordova work centers.

Take a peek here at the Cash Flow Figures and click here for more pictures.   If you know of anyone looking for an investment like this, please send them the link to this blog post.

In the mean time…?

Make it a Great Day…!

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

 

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Just a Quick Update – Some Area Real Estate News…

Check Out This Short Article…Shows How the Demand Has Changed

I thought I’d pass on this article from the Sacramento Business Journal that reports on a couple of projects.  One in Mid-Town Sacramento and one up on Lake Tahoe.

Both of these projects were impacted by the real estate crash and recession and were turned over to new owners because of foreclosure.

Luxury products in Tahoe, midtown selling well

We’re seeing more and more articles like this.

Here in Folsom, inventory is still down and homes selling fairly quickly.

If you are thinking of Buying a home or investment property or thinking of Selling…?  Looks it’s a great time to do it.

 

In the mean time…?

Make it a Great Day…!

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

 

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Empire Ranch Sales Stats – Get Them Here…!

It’s Still A Good Market…!!!

I thought I’d pass on the most recent numbers for Empire Ranch here today.   These stats are from Jan. 1st to date, March 19th.

empire ranch comps in jpeg

As you can see there’s not a lot of inventory available so if you are thinking of Selling, now might be the time.  If you noticed,  it looks like Sellers aren’t coming down much if they have priced there homes right.  With a List Price/Sales Price ratio of 99.14% it kind of speaks for itself doesn’t it..?

You’ll notice the “Active” homes for sale have a higher Average List Price because there are a couple of high end homes for sale that are included.

If you’d like more information about your home, drop me a note or call me at anytime.   You can also sign up for “market snapshot” to the right here and get updated information as well.

In the Mean Time…

Make it a Great Day…

Ed Favinger, Broker CRS, GRI, SFR, CDPE    916-203-1260      favinger@rwnetworkcom

 

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If You Live in Folsom and Want to Sell…?

Your Home Has a lot of what Buyer’s are looking for,  according to the California Association of Realtors.

WhatDoYouWantInANeighborhood

 

In the Mean Time…?

Make it a Great Day…!

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

 

 

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Gaslight Apartments – 15 Units – Folsom, California – Back on the Market…!

All The Inspections Are In….

 

If you have been looking for an small apartment complex in Folsom, then today’s your lucky day.    When we first put this property on the Dean side of Gaslightmarket we did not have any inspections so the buyer who wound up with the deal completed them all and then decided he didn’t want to move forward.

So… today so we are putting this back up on the market looking for a new buyer.

If you Click Here, you’ll get all the information including a short exterior video of the property.  If you would like copies of the inspections, please call me and I would be happy to email them to you.

 

In the mean time…?

Make it a great day…!

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

 

 

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