Sacramento Real Estate Views

Scary Things Found In Foreclosures

I Thought I Was Going To Pee My Pants!

Going into foreclosed properties is always a little unsettling.  You know that someone used to live there and that they lost their home for whatever reason.  When I first began representing buyers purchasing foreclosures, it was upsetting.  I’ve gotten used to it but today, although I was prepared for it, I got quite a scare.

Single family homes tend to be ok.  You let yourself in, hold your nose and go look.  Easy!

Multi family homes, duplexes and larger, are a little dicey.  You just never know what you’re going to find. Especially in south Sacramento.

The 5th Avenue Triplex

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Tags: foreclosures sacramento

Foreclosure Activity Decreases 4%

California Foreclosure Rate Decreases

While the foreclosure rate has dropped in the state as a whole, the foreclosure numbers are still up 23% over May 2008 and California is second only to Nevada in foreclosure filings nationwide.  Bright spot?  If you want to call it that.

There isn’t a day that goes by where I don’t pinch myself and ask “is this really happening?”  There is absolutely no way I would have ever thought it would get this bad on one hand and this good on another.

With every bad there must be a good, right?  You’ve got to look hard but it’s out there.  For me, even though it’s my business, it’s tough to see.

Values Are Outstanding

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Tags: foreclosures sacramento