The time to buy is much more than just statistics and trends By Kala Bell In the world of real estate, agents are sometimes perceived to be rather vague with the public on the topic of a good buying time. Truth be told, there isn’t one stretch of time that will be perfect for […]
Cash Flow Potential – Bank Owned & Short Sale Duplexes – Citrus Heights
Here are a couple of Duplexes that are both unique. One of them just came on the market about a week or so ago. I drove by to view the area and while I was out there taking pictures of the exterior, one of the tenants came out and we had a conversation. She likes the area, but […]
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 […]
Hot Bank Owned Properties – Sacramento – Cash Flow Opportunities
What About Short Sales…? They’ re Hot too. If you’ve been to this site before, you already know that I am a big fan of Duplexes… especially the “REO or Bank Owned” type because they are for the most part deeply discounted from their highs from years past. The dis-advantage to a Bank Owned or […]
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 […]
REO’s and Their Title/Escrow Rip offs…
This has been a pet peeve of mine for a while – it’s about time we get more righteous Consumer compaints. Many of us in the Real Estate Business have been involved in a Bank Owned Property Sale in which the Asset Manager for the bank/investor stipulate in their “contract addendums” the requirement that a […]
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 […]
A Great Idea – Why Don’t More First Time Home Buyers Purchase a Duplex Instead of a Single Family Home…?
Why don’t more young buyers look at buying a “duplex” as their first home…? Heck I don’t know why either, but I’ve got the “pro’s & con’s” here. But first, go to 6819-6821 Trovita Way, Citrus Heights, Ca to get the “investor” flyer. As you can see from the numbers it’s got a decent return if this was going […]