Our 600th post! Actually, this is our 601st post. We had no idea we’d be doing this when we started out almost 2 years ago. Just look at all the foreclosures. Scrolling back through the posts here is like a daily diary of pain and recovery. Surely, history will look back on this REO era [...] […]
According to tax records, today’s FDotD sold for a generous $430K back in 2006. Prior to that it seems to have sold as a new home for $287K in 2004. So: the value of this home nearly doubled in 2 years? Now, the value has descended to less than it cost new 6 years ago? [...] […]
Here’s a 2800 sq ft west Redding home with a pool for less than $100 per sq ft. Below replacement costs, probably. This 2 story 4/3 was built in 1968, and sits at the end of the Quartz Court cul-de-sac. The pie shaped lot is quite large in back, and there is a a portable [...] […]
It appears that this lovely home was built in 2008, and then abandoned. It’s a very modern stucco 1681 sq ft 3/2 with granite slab, tile floor kitchen and newly landscaped front and back. Inside laundry, and energy efficient construction. The lot overlooks a greenbelt in a terrific northwest Redding neighborhood, and there is a [...] […]
Today’s FDotD had quite a back yard. When the patio roof was intact, the space must have been like a virtual indoor/outdoor livingroom, complete with kitchen, pool, and fountain. We see some photos from its prior listing as a failed Short Sale, and you get the idea they were shooting for a kind of Sunset [...] […]
Wow, this one is stunning. A classic Sunset Terrace beauty. We know you come here for the goods, so we took some photos of our own of this timeless Redding luxury home, We wondered if it wasn’t the most expensive bank owned home we’d seen, but it isn’t. FDotD 15151 Brunswick sold a year ago [...] […]
Here’s a somewhat contemporary looking home in the very desirable Ranchland Acres neighborhood. We recall it when it last sold in 2005 for $565K, and back then it was quite nice. Looks like it could be very nice again. Representing the bank/seller on this foreclosed West Redding area home is Jason Davis of Re/Max. He [...] […]
We mention the village idea since you could buy these 3 bank-owned units PLUS the 3 adjacent bank-owned units, and have a total of 6 rental units for under $200K. It takes a village sometimes. Now you can start your own. They are in two separate listings. Here is a link to both these bank-owned [...] […]
Today’s FDotD is in a nice neighborhood. The single supplied photo has a thumbprint or something where the garage is, but you get the idea. Built in 1992, this 1536 sq ft 3/2.5 seems to have last sold in 2003 for $259K. And back then it was listed as 1800 sq ft. Interesting. Well, anyway [...] […]
Hey, check out the kitchen on this… wait a minute. Who took the kitchen? Well, as we agents euphemistically like to say, “There’s still time to pick your cabinets.” And toilets too, we note. Here’s another useful agent-speak phrase, “It has good bones.” And by gosh, you can see those bones better without pesky bathro […]
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