The statistics are telling us the real deal. The number of homes that have been foreclosed is going up. And the state of California is where a lot of this is going on. This is where a good number of owners of homes are getting affected because they find it hard to pay any mortgages they have on home loans.
I have some bad news for people who are looking to buy a home in Sacramento CA. There is only a 1.3 months supply of Homes for sale in Sacramento as of March 2012. We have 56% fewer homes for sale compared to March 2011. It is very tough to buy a home now because many if not all of the homes for sale are getting multiple offers on them. The most frustrating part is that the homes at 100k and under are getting offers from cash buyers. The cash buyers are the prefered buyers of the sellers for the obvious reason that they dont have to wait around for the loan to get funded. There are fewer vendita case a firenze, siena e firenze because the number of foreclosures has dropped by 28% compared to a year ago. That is good news for home prices as we saw our first median price increase in 20 months.
In Long Beach, a house fire happened. It was around 10:30 am when the fire department was summoned. When they rushed to the scene, they were able to help out ten people. It was a Monday.
This client would save over $2,000 per year in the early years of ownership, when it is very difficult to cash flow. This amount oftentimes is the difference between breaking even and making money.
If you’re old fashioned, you can always just go for a drive and look for houses in person. This approach is only practical if you’re looking to move nearby. You can choose a neighborhood that you find particularly appealing and drive down its streets looking for signs. This may not be the most efficient approach, but it’s definitely the most down-to-earth.
In other words, the true worth of the house is usually not the sales price. So, when looking at it this way, how can anyone miss when trying to make money buying foreclosed homes? In this article, we will share the unfortunate truth of exactly how you can.
The Price is Right – The most important factor in selling your home is the price. Always set a realistic price that matches your house’s real value. A local real estate agent can do this for you or you can compare your home with others in classifieds.
These are just a couple of places you may want to search when looking for a new house. There are many other options such as the internet that may be able to help you find your dream house.