12 Tips To Make Your REO Offer More Attractive (Bank Owned Homes) Currently I represent a local Southern California Bank with their REO (Bank Owned) properties in Simi Valley, Moorpark, Camarillo, the Conejo Valley and West San Fernando Valley. I have also represented buyers on other bank owned homes. Below are 12 tips to help […]
Simi Valley Wood Ranch Home Sales 2006 – July 2010
The tables below breakdown the sales for single-family detached homes in Simi Valley’s notable Wood Ranch community.I’ve purposely not mixed the Wood Ranch condo-town home market with this data as the diversity and size, types of complex and amenities are a very broad range for attached homes – skewing the averages. The same pattern is […]
June 2010 Home Sales Report for Simi Valley Detached Homes
Looking at the numbers for June 2010, Simi Valley home sales look promising. Once you look past the surface of the reported numbers, some concerns become apparent. The federal tax credit set up to entice first-time home buyers with $8000 and move up buyers with $6500, was conditioned that those buyers needed to have a […]
Simi Valley Foreclosures For Sale 671 Azure Hills Drive Video Tour
Simi Valley Foreclosures For Sale 671 Azure Hills Drive Simi Valley Home For Sale – 671 Azure Hills Drive produced by Ted Mackel on WellcomeMat Price = $639,000.00 Bedrooms = 4 Bathrooms = 3 Interior = approx. 2407 sq ft Lot Size = 12,302 sq ft Pool & Spa = Inground – Gunite Upgrades = […]
Foreclosure Pitfalls – Buying Bank Owned Properties Part II
Foreclosure Pitfalls – Buying Banked Owned Properties Part II The following photos really illustrate how tricky the foreclosure market can be. The damage in this property pretty much eliminates 75% of all qualified buyers as only very particular financing is available for this type of property. What I could not capture in the photos is that […]
Top 3 REO-Forclosure Purchasing Pitfalls (Simi Valley Real Estate)
Top 3 REO-Forclosure Purchasing Pitfalls (Simi Valley Real Estate) I am going to focus several blog posts on REO purchases. The Simi Valley Real Estate market is experiencing more than half of it’s sales with distressed homes; a good portion of these being REO or otherwise known as foreclosures. 1. Getting caught up in the […]
What is REO?
What is REO? Here’s one for the longtail and a sort of WIKI entry to my BLOG!!! In any business it is hard not to slip into the industry vernacular and forget that our audience may not really be following. REO is an acronym for Real Estate Owned. Here in Simi Valley and Moorpark an […]
