With housing prices down, mortgage rates at a 30-year low and foreclosures soaring, you have plenty of incentives to jump into the real estate market.
“Time is of the essence” right now because the $8,000 tax credit stimulus expires at midnight, Nov 30, 2009. In order to be sure you make the deadline, you need to be in escrow by October 1, 2009. So get your pre-approval letter and select your home ASAP.
While foreclosures can offer you big discounts, many bank-owned properties require substantial repairs. You will need to know what you are getting into and I can guide you safely through the search and buying process.
For a free list of foreclosed properties go to www.bankownedweekly.com/mendocino
This is a beautiful 36 acre parcel in a wooded setting with vineyard views on Burke Hill Rd in Ukiah. I think the asking price of $365,000 is a good deal because it can be split into two legal parcels. It’s unusual to be able to do that. This piece is in a really nice area just south of Ukiah. It would be great country living and yet it’s close to town. If you were to buy go in on the purchase with another person, or sell off half later, it would be only about $160,000 each. The owner will carry financing too. I think it will go fast at this price so let me know right away if you’re interested.
One of the reasons I chose this profession is that I love houses (even serious fixers).
I especially love vintage cottages and this one at 513 W. Mill St. is a gem. It’s 1347 sq. ft, so it isn’t as tiny as some, and it has been updated with central heat and air and all the modern comforts. When you first walk in, you are struck by the beautiful natural wood floors and traditional brick fireplace. The cozy living room opens to a good size kitchen, large enough for a dining area; and that opens to a bonus room with sliding glass doors to an absolutely amazing back yard. This cottage is unique in that it still has much of the original mid-century feautures…the original kitchen cabinets, doors, window styles, etc. This has preserved the classic charm.
Here is a link to the listing detail so you can see all the great photos. View Listing
I think when you see the listing detail, you will agree that it is very well priced at $317,000. Enjoy!
520 Virginia Circle, Redwood Valley
My ”Best Buy Pick” for this week is this beautifully updated 4 bedroom, 3 bath home on a quiet half acre lot. The long driveway gives it a very private feeling. It has an enormous, light and airy country style kitchen with stainless steel appliances, custom wood cabinetry and a built-in hutch. The master suite is on the opposite side of the house from the other 3 bedrooms, and it’s French doors open to the huge Brazilian Redwood deck. Other features include living room with surround sound and wood stove, a huge laundry room, an office/den. At $379,500, I think it will sell quickly.
Here is a link to an MLS report with more photos view listing
Get the most current bank owned foreclosure inventory for Mendocino County at
http://www.BankOwnedWeekly.com/Mendocino
12 x 20 x 7 Metal Carport for Sale
This is a great metal carport at our lisitng at 1112 W. Standly St. in Ukiah but it needs to go.
The owner is willing to sell it for $400 or best offer. It was $800 new. It’s 12′ W x 20′ L x 7′ H.
Whom do you know who would love to own it?
Your help is greatlty appreciated! Thanks!
