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A Duplex Just On the Market and Another Multiple Offer Situation…!

March 3, 2015 by edfavinger Leave a Comment

This one got 7 offers in less than a week…!

We placed the Duplex at 7983-7985 Marsala Court on the market in the middle of last week and as of today we have had 7 offers and the phone is still ringing.

IMG_0597

 

This is the 3rd Duplex I’ve placed on the market within the last 30 days.   One of the threads that has been consistent in these situations is that these Duplexes all had a decent enough income to give a cash and had Pride of Ownership to go with it.

For a copy of the cash flow figures of this Duplex Click Here.

The Sellers  just accepted an all cash offer that was well over the list price and we’re now moving forward with the “due diligence” period and we’ll see what develops on the way to the closing.

If you are thinking of buying a Duplex or a Four Plex in the Sacramento Region or you are thinking of Selling, give me a call.

There are still great deals out there if you are a buyer and if you are tired of being a landlord, now might be the time to think about Selling.

 

In the Mean Time…?

Make it a Great Day….!

Ed Favinger, Broker, CRS, GRI, SFR CDPE   

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Filed Under: Foreclosure, General, Investment Real Estate, Property Management, Real Estate Sales Tagged With: 1031 Tax Deferred Exchanges, Bank Owned Four Plexes, Bank Owned Four Plexes Sacramento, Bank Owned Homes Folsom California for Sale, Bank Owned Properties Sacramento, Bank Owned Sacramento Duplexes, BANK OWNED/REO, Cash flow, Duplexes, Investment Real Estate, Property Management El Dorado Hills, Property Management Folsom, Property Management Roseville, Property Management Sacramento, Sacramento Duplexes, sacramento investment real estate

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Ed Favinger

Ed Favinger

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