What are Prior to Documents and Prior to Funding Conditions…? Some “inside baseball” talk from a Real Estate Broker’s point of view Let’s talk about “prior to doc” conditions first. What I’m describing here are conditions that the Lender has required that need to be met “prior to the issuance” of loan documents” to […]
A Super Deal at 3225 Rock Creek Way, Roseville, Ca 95747
I need an offer by December 1st or the bank takes it back. This is a Single Story, 4 bedroom, 3 full bathroom with thou$ands spent on landscaping. Click on the picture to the left and you’ll get a slide show with some still pictures. If you are an investor I have a “Proforma” Cash […]
Two Homes – a 1/2 Acre Lot – Custom Single Family Neighborhood
This one hits the MLS as a Duplex..! Check out this video I have here of these Two Homes on a 1/2 lot in the middle of Fair Oaks. These two “funky” little homes are unique to say the least. But you know…? This is a nice area and would be a great investment. […]
Buying a Foreclosure at the Court House Steps…? Beware of the Pitfalls..!
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 […]
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 […]
An Ugly Looking REO/Bank Owned Duplex – Can It Be an “Opportunity”
Only if you can get it for the right price. While out and about the last few weeks I have been looking at a lot of duplexes in the area. Some of these properties are in better shape than others of course and the trick is to get into one with the lowest amount […]
Two REO/Bank Owned Duplexes – Easy Cash Flow..!
With Lower Mortgage Rates, it’s almost a “no brain-er” I was out and about looking at property the other day and spotted what I think are a couple of unique duplexes. One of them is in a little higher end area of primarily single family homes on a private drive and the other is in […]
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