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 […]
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 […]
A Neat Idea for Busy People
The Mobile Car Wash…? Check out this blog post from an Active Real Estate Broker in the Land Park/East Sacramento area. I think this would be a great idea out here in Folsom or El Dorado Hills. Maybe these guys will market out here or some young guys here will see an opportunity. http://sacramentoshortsales.housingstorm.com/tag/bank-owned-homes/ […]
Would You Buy A 3 Bedroom 2 Bath 2 Car Garage For About $600 Per Month…?
A Duplex with 3 Bedrooms 2 Full Baths and 2 car garages each side. This is one of the neatest Duplexes I’ve seen in a while. They’ve priced this one right and it’s in a super neighborhood. Click here for the “Street View“ from Google and see if you don’t agree with me. This […]
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