Last Friday night I met a client to see two bank owned properties here in Sacramento. I have already experienced the climate at which some of these properties are running and there is one word to desribe it....HOT!  As we pulled up to the second property, I could see there were cars driving by, perhaps other clients meeting their Realtor. As we approached the door, there was another group inside, one that was waiting their turn outside, one waiting in their car and one waiting after we were finished! It felt like the place was being swarmed! I wrote an offer for my client and have learned this morning that three other offers have come in for this property over the weekend. Both my client and I are anxious to find out if our offer is what it is going to take to get this property. It is crazy out there with these bank owned properties and competing with multiple offers. The chart below substantiates what I am saying here...there are more and more pending sales and closed transactions and the inventory is decreasing. This means that NOW IS THE TIME!! Giddy up and start ridin' to get in on these deals the banks are making! If you or someone you know is interested in joining this rodeo of a market...I am happy to help and welcome your calls or comments! This data is for all of Sacramento County and covers REO properties under $300,000. The trend is over the past 15 months.

Have a great Monday!

Sara Raudelunas

Lyon Real Estate

Here it is...an investor's special! A great duplex, sitting atop a corner lot in an area that has so much to offer. 1400 Topaz Way is a great find if you are an investor or someone looking to owner-occupy. Just remodeled on one side, this new kitchen and bathroom is complete with granite, tile, new appliances and new cabinetry!! Not to mention a new slider, all dual pane windows, one car garages and more! Check it out, drive by...bring me a buyer if you have one SELLERS ARE READY TO MOVE ON....

Having considered myself quite tech savvy, this is a whole new world that I cannot wait to explore. Once I have a good grip on how this works and how to utilize it to the best of my ability, I plan to have it be a great resource for my past, current and future clients!  If you have any suggestions, I welcome them...otherwise, hang tight and check back for more information at a later date.

Happy Mother's Day to all you wonderful ladies!

Sara Raudelunas, Lyon Real Estate