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Archives for May 2010

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 Continue Reading

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 Continue Reading

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 Continue Reading

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 Continue Reading

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 Continue Reading

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 Continue Reading

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 Continue Reading

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 Continue Reading

Folsom Lake Levels up – So what about the drought…?

I think it's over...  take a look at Folsom Point, formerly known as Dyke 8. I'm fortunate to live just a short drive away... probably less then 3 or 4 minutes if I hit the traffic lights right. Make it a great day. Ed Favinger, Broker, CRS, GRI, Continue Reading

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