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Category: Financing

Fontana Beauty

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Fontana Beauty!

Perfect for value-concsious end-buyer. This move-in ready 3-bedroom home in Fontana fits the bill for value-driven first time buyers as well as landlords.

It’s a solid rental home in a nice and established neighborhood that needs very little cosmetic touches to make ready and move in your tenant (or yourself!)

Or sell it outright to a first-time buyer.

Paine St, Fontana, CA 92336
3 bedrooms, 2 baths, 1,674 sf 9,380 sf lot

Handyman’s Delight

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Another Great Investment Home: Buy-And-Hold…

Established neighborhoods close to centers of business in safe areas.

That’s the ticket to successful buy-and-hold investing in this market! This is another solid rental home in a nice and established neighborhood that needs a little TLC to make ready and move in your tenant (BTW: We have a bunch of lease/options buyers in that area ready to go!)

Or sell it outright to a first-time buyer.

Hambledon Ave, La Puente, CA 91744
3 bedrooms, 2 baths, 1,152 sf 6,100 sf lot

Established Neighborhood – Great Value Buy…

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More, Better Deals From the Banks

Here is yet another deal that could be a perfect addition to your rental portfolio, or fix it and flip it to a first-time or move-up buyer.

This 3 bedroom, 2 bath home of 1,444 sf is in a good and established neighborhood in Whittier, CA. When you check the sold comps, you will notice that most of them are NOT “foreclosure resales”!

What does that mean? I’m so glad you asked! It means that this area is more stable and not dominated by banks slashing prices on foreclosures.

Let me add to that argument. What about the foreclosure pipeline? How many homes are going into foreclosure in this neighborhood? – You may be surprised: Over the past months new filings of NOD are up to about 4 times the level of 2006.

BUT – in 2006 there were only about 2 new NOD filings per month in the 90606 zip code. So, 4 times that is only 6 to 8 per month right now. Not really a big deal – that’s why it’s called an “established neighborhood” that looks like it will hold on to its value a bit better.

BTW: If you want to take a look at all active foreclosures in the area for yourself, just scroll down to the bottom of this article, and click the link to Free Foreclosure Search

OK, here is a picture:

Halray Ave, Whittier, CA 90606
3 bedrooms, 2 baths, 1,444 sf 5,600 sf lot

I will post more pictures and a repair estimate later today.

Let’s run some numbers:

ARV (sold comps): $389,000
Assessed value: $581,000
Last sale: $500,000 (8/05)

Our price: $249,000 (64% of ARV, $75,000 below listing)

Act now, this one will be gone very quickly!


Free Foreclosure Search – Click here!

Small Package – Huge Equity…

Best Value in small REO package

Currently available a small group of bank owned homes at a huge discount for cash or hard money buyer.

The package consists of 4 SIngle Family Homes that need minor cosmetic repairs (typically carpet, paint, light fixtures, landscaping). These homes make great rentals or flips to first-time buyers.

Here are the properties:

Eeasy Rehab in NW San Antonio

EASY REHAB in the Northwest!!

This gorgeous home is located in a mature neighborhood off Wurzbach and the I-10.

Colony, San Antonio, TX

3031 Colony Dr, San Antonio, TX, 78230

The home has a great, open floor plan on 2061 sf
3 bedrooms, 2.5 baths

Large bedrooms, Fireplace
2 Car Garage with Garage Door Opener
Large Backyard

It is located in the dsirable Northside School District and offers an easy ride to the Medical Center, which makes it a perfect buy-and-hold with strong rental and/or lease/optioon potential.

email for more details – hurry, this great deal will not last! (Can be financed or cash…)

Our price: $133,000; ARV: $178,000