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 […]
Want a Deal on a Bank Owned Duplex…? See Below…!
Here’s a tip – Go for the deals that have just fallen out of escrow…! Most of the Pending Sales that “fall out of escrow” are not because the Buyer failed to qualify. It’s because there was something wrong with the property and the Buyer decided to walk away after going through a thorough inspection […]
Check Out Another Sacramento Short Sale Duplex – This One is Nice…!
But, when I say nice, you do have over look the landscaping that’s been ignored. I was at this property yesterday, located at 2300 Imran Drive and took a video of the 3 bedroom side. As you see this unit is located right on the corner of Imran and Bell Street. I love “corner lots” […]
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 […]
A Bank Owned & a Short Sale Duplex – Cash Flow for the Investor..!
Both are in “improving areas”, one in Citrus Heights and one in Rancho Corodva. The Citrus Heights Bank Owned Duplex Ok… Let’s start with the Bank Owned Duplex in Citrus Heights that is located at 7700 – 7702 Sayonara Drive. Each side is a 2 bedroom 1 bath unit with Fireplaces, Central Heat & Air, […]
More homeowners skip payments in Sacramento region – Sacramento Business Journal
I Thought I’d pass this article on from the Sacramento Business Journal. It just goes to show that while we are seeing an increase in sales activity, there are still folks struggling to keep their heads above water so to speak. It’s not a long read… check it out…. More homeowners skip payments in Sacramento […]
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 […]
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 […]
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