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mls: Lake County – Lakeport Real Estate Home Relocation Information and Foreclosures - 03/02/08 01:52 AM
Lake County is located in the north-central area of the state of California, about north of Francisco Bay Area. Commonly known as "The LC" or "The County" by inhabitants, its main geographical feature is the Clear Lake, from which it derives its name. The Clear Lake is the biggest clear-water lake wholly situated in the state of California and hence is one of the most important features of the county as well as its centrifugal city of Lakeport.
The County was formed in 1861 from portions of the Napa and Mendocino countries. The Lake County is famously known for its farming excellence … (0 comments)

mls: Why Buy An REO? Real Estate Owned By Banks - 10/31/06 08:17 PM
An REO is real estate owned by the bank, and many investors consider an REO property to be money just waiting to happen. An REO is different from a foreclosure property in that the bank has already tried to sell it at a foreclosure auction and has had no luck getting bids. Because the property was not bid on, the bank then became the owner of the property. Naturally, the bank does not want to keep the REO any longer than possible, and this makes it a great opportunity for an investor. Not every REO is a good deal, but when … (4 comments)

 
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John Nazareno

Albany, CA

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John Nazareno

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