It seems they just don’t want to let the market recover… That’s my opinion. Click Here for the Update One of the big changes that will come into effect soon will be the limit on the amount of Closing Costs you can ask the Seller to pay. That means if you are a low cash […]
Nationwide Some Good News & Bad News & More Bad News… See Below
If you don’t get Yahoo News I thought I’d pass on a couple of articles Home sales rose in ’09 as prices plunged 12 pct. – Yahoo! Finance December home sales down nearly 17 percent – Yahoo! Finance My conclusion is that this market could be much better if the powers that be would just […]
What… Another Renter’s Market Story…? Old News…
Sacramento Bee’s Recent Update Here If you own a rental or are in the Property Management business, this is really old news. Take a look, they aren’t long reads. I’ll have more comment later. Home Front: Asking rents in Sacramento region retreat to 2004 levels – Sacramento Business, Housing Market News | Sacramento Bee Home […]
Sorry.. You Don’t Qualify for a Loan Mr. Phillips.
What do you mean I don’t qualify for a loan… Are you crazy…? I make over $100k a year, have an 800+/- FICO, AND… Several Million in the Bank! That’s just exactly what Mr. Phillips was told by Wells Fargo Bank recently. He’s in contract with us to purchase a duplex in the area and […]
Cash Is King in Sacramento Region’s Duplex – Four Plex Market..!
Fourth Quarter Stats show just over 50% are All Cash Offers. I think one of the reasons you are seeing more cash deals is because of the tight restrictions on “investor” financing that I will have more to say about later. If you have been looking for an investment property and haven’t been able to […]
Is Curb Appeal Important for Duplexes or Any Investment Property..?
A Side by Side Comparison – Which One Would You Live In…? I was out and about driving in the area looking at property and saw two Duplexes side by side and thought I’d show them to you here. Let me guess which place you would want to live in. DUPLEX NO. ONE […]
Bank Owned Four-Plex – Carmichael, Ca
BANK OWNED FOUR-PLEXES… ARE THEY A GOOD DEAL….? If you have known me a while, you know I am not a big fan of Four-plexes in this area. The reasons are as follows: Most are flats – 2 units down and 2 units up Most have no covered parking No private patios or yards No […]
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