Tuesday, November 29, 2011
There are 5 office building non-performing notes for sale in the Bay Area from one Bankruptcy filing. Offices are located in Oakland, Redwood City, San Rafael, San Francisco and San Mateo. Notes can be purchased as a bulk or separately. BK is Chapter 7 or full liquidation. This is best when an investor wants to foreclose on the properties and acquire the hard assets. Aggregate unpaid balance is just over $9,000,000. Call for details.
Sunday, November 6, 2011
Short sales are the new bank owned opportunity in today's real estate market. Most banks now prefer to work through a short sale than the more abrassive foreclosure processs. Patience is a virtue and a necessity in acquiring a short sale - and the rewards are better!
1341 McKendrie Street, San Jose, CA 95126 offered at $795,000.
Tuesday, November 1, 2011
Sacramento area short sale hotel for sale. Very nice flag and excellent condition property. Listed at $6,900,000. Short selling bank is looking for surety of close - not an uncommon request from banks that are taking a loss on a loan - therefore an all-cash purchase is mandated. Call for details on this rare flagged hotel opportunity. Also - three other hotels for sale in Southern California with premier locations.