I wrote about this almost a year ago. I’m seeing more and more of these Bank Owned/REO properties and the Short Sales that still have existing Tenants in them. If you think you might want to keep them, here’s what you do. I’ve updated the article. Click Here for What to do… Make it […]
Not A Bank Owned or a Short Sale – It’s a Shame It looks like One..!
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
A Bank Owned Duplex & A Short Sale Duplex – Same Street
You Want the Cash Flow Numbers…? I Got The Numbers – Check Them Out…! First the Short Sale Duplex I was out and about and came across the Duplex located at 7535 Saint Philomena Way, Citrus Heights. This thing has been priced so low that it will draw several multiple offers and I’m sure it will […]
Don’t Forget The New A/C Refrigerant Mandate – Now That Summer is Near..!
I forgot where I got this from – but it’s good information – I think it came from one of the Home Protection Plan companies. The 410A Refrigerant Mandate Effective January 1, 2010, the Environmental Protection Agency, under Title VI of the Clean Air Act, will no longer allow air conditioning equipment that uses the refrigerant R22 […]
Lenders – They Don’t Use Logic – Nothing Has Changed…!
Beating your head against the wall feels better sometimes then dealing with them This is what my old mentor, Mickey Holland told me when I first started in Real Estate back in 1981. What he told me then has really held up over the years. Let me explain. We are now down to the […]
An Approved Sale Rancho Cordova Duplex – A “Sleeper” Area
The Price is Right – Just Needs New Management & Some Repairs. I was involved in a sale of a Duplex next door to this one. There have been 3 recent sales in the area with new investors fixing these up. This used to be an awful street of neglect. That’s all changed […]
Rents going up…? Gotta Be Careful On Stats…
I’m not seeing it. But there are some stats that say otherwise. I got this blog post from Jim Wasserman, the Real Estate Reporter for the Sacramento Bee. If you have any questions regarding this report, you can contact him directly at: jwasswerman@sacbee.com I think you’ll find this interesting. I’ve copied and pasted the article below it’s […]
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%. […]
REO/Bank Owned Duplexes Profiled Here – Some New & Some “Back on the Market”
Prices seem to be holding – but I’m seeing more of them come back on the market.” Let’s start with a couple of recent new listings that I like. The reason why I like the following listings is that they have 3 bedrooms and 2 full baths on each side. _____________________________________________________________ 8907-8909 Montoya Street, […]