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So I've recently been working with a couple who is prequalified to purchase a home for up to 400,000. They are looking in Lincoln,Ca. They are strong in their financing with 10% down....

 

Here is my problem! We have put in 8 offers within the last 1-2 months. All of the homes have been foreclosures....  We have been in competition with multiple offers and have not yet got one of them! One property had 46 offers!!  Can you believe it?

These good priced and good condition bank repo's are going like hotcakes!!!  Anyone got any suggestion.???

 

Any good listings in Lincoln??  3+ bedrooms, At least 2+ baths. 2500+ sq ft. New within last 2-3 years. upgrades must have granite kitchen and cherrywood cabinets....  Please let me know??

 

Hey anyone else experiencing this? I think this is going to hold prices steady. Or maybe even bring them up slightly. No one really knows....

 

 

 


Lincoln Ca. Bank Repo Danger!
Michelle Hawkins (Keller Williams Realty)
I have recently found that my clients (whose home I had listed) fired me when they found out that I was promoting bank repos for my buyer's I was working with! I lost the listing after I had faithfully marketed their home. I had the home…
How Low Will They Go????
Michelle Hawkins (Keller Williams Realty)
Well I have been working with clients to help them purchase bank repos. These I have found have been great deal! Does anyone know… What is the lowest offer someone has seen been accepted. I have had the bank accept 30, 000 under anone…
Foreclosures Are A Great Deal!
Michelle Hawkins (Keller Williams Realty)
Well My clients just closed escrow 2 weeks ago today. And boy did they get a great deal. A four bedroom home in Roseville (95747) for $370, 000. It was listed @ $400, 000. The bank responded the next day! And accepted our offer. The appraisal came in..
 

Michelle Hawkins

Lincoln, CA

More about me…

Keller Williams Realty

Office Phone: (916) 788-8800

Cell Phone: (916) 847-9636

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