Bhajanbariana, Home Buyer in Sacramento, CA

homes for sale in regency park sacramento ca 95835

Asked by Bhajanbariana, Sacramento, CA Sun Sep 29, 2013

This question was asked from http://=www.trulia.com%2Fproperty%2F3132854402-170-Bombay-Cir-Sacra… target="_blank" rel="nofollow">http://www.trulia.com/property/3132854402-170-Bombay-Cir-Sac…

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5
Mike Schubert’s answer
Prices in Regency Park, like many areas of Sacramento, experienced steep price increases over the last 12 months. Prices seem to have leveled off with more homes coming on the market. Regency Park is popular amongst buyers due to newer construction, abundance of open areas, size of homes and modern infrastructure and shopping. There are many excellent homes for sale but don't expect them at last years prices, those days are gone. Many internet listings are outdated and inaccurate. Contact me at your convenience and I'd be happy to share current listings with you.
0 votes Thank Flag Link Sun Sep 29, 2013
Yes, this is not for sale in MLS. It is available only through Auction.com and that website will accept bids from Oct 19 to Oct 22. You have to buy this home in its as is condition and quite possibly end up having to evict the occupants, who also might destroy the home upon eviction -- it happens. You must pay cash. And another 5% on top of your bid to the auction company. If there are no acceptable bids, and this home is worth considerably more than $150K, then the home will go to MLS. So you might want to wait for it to come on the market as a regular listing.

Bear in mind that when a bank takes a home in foreclosure, typically the bank will pay the occupants to move out. So, this could possibly be a hostile situation, and you can't trespass on the property to find out.
0 votes Thank Flag Link Mon Sep 30, 2013
This property is a bank owned REO, and will be auctioned on 10/19/2013. It is not financeable, (cash only) and it may still be occupied. There is a 5% premium for the auctioneer.

Let me know if you are interested in making a bid, I can help you as an agent.

James Tan
Bethany Real Estate & Investments
916 230 5250
0 votes Thank Flag Link Mon Sep 30, 2013
This is a home that the previous seller did not even try to short sale; it just went to foreclosure and the bank owns it. It is not for sale.

If you would like to see homes that are for sale, you will need an agent to provide them for you as many homes such as this one are not really for sale. You should get listings directly from MLS, which an agent can set up for you.
0 votes Thank Flag Link Sun Sep 29, 2013
Please call Paul singh so we can get you all the info you need in order to proceed with purchasing this home. We will provide you with the history of the home, mortgage amt, what sales are in the area and our suggestion to what a good deal would be to purchase this home. If you are thinking of flipping we would also get you a detailed net sheet for your investment.

Paul Singh, Realtor
Keller Williams
916-769-6644
Paulsingh@kw.com
0 votes Thank Flag Link Sun Sep 29, 2013
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