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 […]
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 […]
Thinking of Walking Away From Your Mortgage ‘Cause Your Upside Down..?
If you are thinking of doing this… You’ve got company… See the latest from the Sacramento Bee’s Real Estate reporter Jim Wasserman. Home Front: Gain trumping pain of walking away from mortgage Comments anyone…? Make it a Great Day… Ed Favinger, Broker CRS, GRI favinger@rwnetwork.com 916-203-1260
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 […]
A Citrus Heights Bank Owned Duplex – On a Busy Street – Quiet Inside
Yea It’s Next to a Busy Street – But Fix It Up – Show it off to Thousands of Cars Everyday I drove by this one located at 7107 Madison Avenue, Citrus Heights because I knew this was one of a few duplexes along this main artery that was located on the “frontage road”. The […]
Loan Modification Companies – Are They A Scam…?
Do You Know Anybody Who Has Benefited From Them…? I don’t know of any either. Let me know if you know someone who hired one of these companies and had some success. We in the business call them “Loan Mod” companies and they are every where. You’ve probably heard some advertisements on radio or […]
Tips for Maintaining your Property
It’s another great day in paradise….!!! Why do I say this… ? It’s because any day I wake up “north of terra firma” is another great day to enjoy… you never know when it’s your turn to “check out” as they say.