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Foreclosure in Redwood City : Real Estate Advice

  • All112
  • Local Info9
  • Home Buying38
  • Home Selling8
  • Market Conditions5

Activity 5
Thu Jan 30, 2014
Jason Walter answered:
Hi, if you're interested in purchasing a property, try working with a local Realtor to help with your home search. The information online isn't always accurate or complete as the MLS in which Realtors have access to.

http://about.me/jasonwalter
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Sun Mar 17, 2013
sbladek answered:
Therderdavis,
There is another option, called A.C.T.S. you can get debt relief without destroying your credit, considering the situation you are in I would be happy to explain it to you in detail. Please message me privately @ sbladek@yahoo.com.
Sue
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Sun Dec 12, 2010
Arn Cenedella answered:
I have several investors active in the REO foereclosure market in San Mateo County.
I am finding my investors property in East Palo Alto, east Menlo Park, and east Redwood City that can be purchased with 20% to 25% and provide a small positive cash flow.
Being able to find properties on the Peninsula which will cash flow with 20% to 25% down was unheard of 3 or 4 years ago.
Most of these REOs can now be purchased for about 1/2 of what they sold for 3 to 5 years ago.
I agree there is a good chance for future appreciation.
And property values do not need to return to the PEAK in order for these properties to be good investments.
Of course, most of these properties will not be in good condition and most of the tenants for these properties may have credit issues or be on the Section 8 HUD housing program.
So you will need to prepared to actively manage these properties or hire a professional to do the same.
You can go to my website for a up-to-date list of foreclosures.
Good luck.

Arn
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Mon Mar 29, 2010
David Tapper answered:
If I were you, I would have a heart to heart with the home owner. Then, if neccessary, you may have to get legal advice. If so, I have a great attorney who specializes in real estate in RWC.

Regards,

Tap
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Fri Mar 13, 2009
Cliff Keith answered:
Why? A. Because they can. Why would you hurry to take a loss on one of your investments if your Uncle had given you 172 Billion dollars to shore up your portfolio? It's known as the "golden rule"...he who has the gold makes the rules!
Hang tight and be the squeaky wheel.
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