Jeff Sutter's (sutter13) Blog

Bank Owned Investment Properties November 25, 2008 On Sunday, November 23, 2008, we had a bus tour of bank owned, reo, repo, foreclosure or whatever you wish to call them, properties in the Sacramento area. We advertised it for less than 2 weeks and I believe we had about 52 people on the bus in ...

I am not so sure that we are seeing the light at the end of the tunnel yet. I am helping my clients buy bank owned homes in Placer, El Dorado & Sacramento counties and it's hard to believe, but the prices are still coming down. I really thought 6 months ago we saw the bottom for the home values, ...

This is my second go around selling homes in an REO market since 1990 and it is not any easier than before. Just having a beautiful listing and pricing it fair means nothing right now. You have to be priced below market and you need to be creative in ways to make a real estate deal happen sooner ...