Why do I say that…? Because it’s true. I posted a story a couple of months ago about Mr. Philips and his inability to “qualify” for a decent loan because he is a “high net worth” investor that has “passive” income. Click here for the back ground story. In that story I wrote about the […]
Bank Owned or Short Sale Investment Property – Good Time to Buy – See Why Below
Have you ever heard of “Supply & Demand“..? If you are on still the fence about buying an investment property in the Sacramento Region, I thought I’d update you with a forecast from Marcus and Millichap that they came out with. They’ve analysed several markets all over the country. You can read the artcle yourself […]
Bargain Prices Lure Homebuyers in February – Sacramento Business Journal:
Good News in The Hunt for a Home. Hey.. Looking for some good news…? Well here’s some. Take a look… I ran across this article regarding New Homes Sales in the region that was in the Sacramento Business Journal. Bargain prices lure homebuyers in February – Sacramento Business Journal:. Make it a great day. Ed […]
Trends In This Down Economy – What Folks Now Want in a Home
Outdoor Rooms, Playgrounds and Trails are high on the list like the one shown below in the Serrano area of El Dorado Hills. It seems folks are looking for ways to get more utility value from their homes because these things don’t cost a lot. There are other things the article spoke about, so for […]
January 2010 Duplex/Four-Plex – Closed Sales Report..!
Cash May Be King – But You Might Be Paying More I’ve put together the latest Closed Sales Report for the month of January 2010. As usual you’ll see there is a lot of cash floating around in the Sacramento County Duplex/Four-Plex Market. But… if you look at the statistics below the average List Price/Sales […]
New FHA Rules – Read em and weep…!
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 […]
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 […]
Technology and Today’s Property Manager
It’s Amazing How Much We’ve Evolved isn’t it…? Because every day it seems I’m checking out the Fry’s and Best Buy ads in the paper. I’m amazed at the prices for digital cameras and video “camcorders”. I can’t believe how little they cost anymore. I purchased my first Sony Digital Camera back in 2000 for […]
Long Term Tenant Can’t Pay the Rent – Tales From The Front.
So you’ve got a Long Term Tenant that wants to “work a deal” with you… ? Should you be flexible in these “hard times”… I know times are difficult now, but you as the landlord are not part of the Welfare System, so please don’t feel guilty that you are owed the rent. If […]
Bank Owned Duplex in Rancho Poised for Mulitple Offers
On the market for just a day or so…I walked inside and saw an Agent writing up an offer. Click here to view what I saw and let me know what you think. Make it a great day Ed Favinger, Broker CRS, GRI favinger@rwnetwork.com 916-203-1260