I Know This Property – Brought a Buyer to it in 1991. The folks that bought this property back then did do some interesting things by adding some nice decking in the rear that helps create extensions of the living area. I have a video that I took about a week or so ago you […]
Flips Are on the Rise – Business Journal: Absentee Home Buyers Up
Thought I’d share this story. CPR: News Story | Business Journal: Absentee Home Buyers Up. Make it a Great Day…! Ed Favinger, Broker CRS, GRI, SFR favinger@rwnetwork.com 916-203-1260
Unique Bank Owned Duplexes in Sacramento – See Why I Like Them
In Your Search for a Duplex Investment, Not Only Should You Consider the Surrounding areas – Consider it’s current setting – I’m talking “Extended Living Areas” that Add Value. Why do I say that…? Well if you haven’t noticed we are in a recession with an unemployment rate in the Sacramento Region around 12-13%. […]
Buying Real Estate is a Patriotic Act – Especially Fixer-Uppers – See Why Below….
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 […]
Sacramento Duplex Sales – Interesting Stats + I Have a Deal For You…!
Short Sales Slow Down Closings – Cash Is Still King I am noticing that the number of Duplex/Four-Plex investment properties that are now Active for sale or “Active Short Sale” is almost equal to the number of properties that show a status of Active Short Sale – Contingent (which means there’s a contract waiting for bank approval) […]
Fixer Upper Bank Owned Duplex – Check Out The Video
Somebody was mad when they moved out of this one. Because it looked like the Tazmanian Devil had been in one side. I stopped by to see this duplex yesterday and made a video of both sides. This is a hot deal because when I arrived and got out of my car an investor was already walking about […]
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 […]
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
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