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bank owned homes: REOs: No Room for Emotions - 04/09/08 05:39 PM
Here's one thing I've been noticing in this crazy REO Sacramento market. The Sacramento Bee just reported that bank-owned homes are the new gold rush of California and I agree. Unfortunately, in this gold rush, there is no room for emotions.
This is what typically happens: a house built in the last few years (after 2000) goes on the market. There is a lot of activity on it if it shows well, and in a matter of days, it has six - ten offers on it. Did anyone say this is a buyer's market. 
Eventually it sells for well over asking and probably … (0 comments)

 

PURVA BROWN

Sacramento, CA

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