Sunday, December 15, 2013

Vallejo CA - Buying Properties


There are different real estate markets.  Some people like to buy real with a retail view and others like to buy with a wholesale view.

Investors or first time buyers looking for deals might be interested in vallejo distressed properties.  These properties are a little bit different than brand new houses.  The current owners might have run into financial issues.  This might provide a buying opportunity.

Sometimes property owners stop making their paymetns.  This can result in vallejo foreclosures.  The banks try to auction off the properties, but sometimes they get the properties back and they become real estate owned ( reos).

Real estate is an investment.  A lot of thought goes into buying vallejo properties.  Some people are buying for quick investment returns and others might be looking for long term rental income.
 

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