Lately, I have been showing a few clients around the Eureka, CA area in search of homes and properties for sale that are "bank owned" or REOs or in other words, foreclosed properties. It is easy to search and find the best foreclosure properties for my clients because I also do what are called Broker's Price Opinions or BPOs for banks and companies requesting my services to estimate the value of a home before putting it on the market as a foreclosed listing. With this insight into potential and future foreclosed properties, I am able to assess what might be coming up on the market and will soon become a foreclosed listing.
During the past year, I have noticed more and more properties and homes for sale by banks because they are not able to sell them at auction, and so, the banks are responsible for having these properties cleaned and de-trashed, then finding a good broker that does BPOs to get an idea of how much the home should sell for in the current market, so that they are able to make more informed decisions about how much the property should be listed for.
I love working in real estate and working on both sides of the equation, both getting that Broker's Price Opinion for the banks, lendors and anyone who requests a BPO in the Eureka area, and also, being able to show my clients these foreclosed properties later on, when I know that I have already conducted an analysis of the market value of the property and know the property inside out.
If you are an investor or first time home buyer in the Eureka California area, or if you are a lender who is looking for an expert to conduct BPOs or list your REO's, please feel free to contact me and I will do my best to help you in your real estate related guidance and requests.
"Helping to make your dreams of home ownership come true."
Thavisak "Lucky" Syphanthong, Broker
Phone: 707-954-7926
Lucky Star Realty
email: lucky@luckystarrealty.com
Phone toll free: 866-875-2279 Fax toll free: 888-490-7728
websites: http://www.luckystarrealty.net http://www.luckystarrealty.com/
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