It's been a loooong time since I listed a manufactured home (my very first listing back in 1999 was one), but having entered the foreclosure market, I just listed one today. Located in Florence, Texas, this 3 bedroom, 2 bathroom home sits on just over 2 acres. It has 1856 square feet with two living areas and two dining areas. For lots of information, including a video, virtual tour, school links, room sizes, and plenty of photos, click here. To request a showing, contact me at 512-650-7300, by email, or the form … [Read more...]
Archives for January 2011
Foreclosure: 807 Lambeth Lane, Austin, TX 78748
I just listed a foreclosure property at 807 Lambeth Lane in Austin, Texas, 78748. Built in 1986, this 3 bedroom, 2 bathroom home was recently updated. It is located in the Buckingham Estate neighborhood with the Dittmar Recreation Center just a few blocks away. The house has vaulted ceilings throughout the house. The kitchen features cabinets with crown molding, tile flooring, tile back splash, upgraded light fixtures, and a vaulted ceiling. The dining room and living room are very open to each. The living room is … [Read more...]
Austin Area Foreclosure Postings Up 14%
The company from which I get my foreclosure statistics (Foreclosure Listing Service) just sent over this press release regarding the February foreclosure auction stats. If you would like to view foreclosure homes, click here. If you are thinking about buying investment property, consider attending my workshop series. *************************************************** The filing deadline has passed for foreclosure postings to be filed at county courthouses throughout the State of Texas for the upcoming … [Read more...]
Investing in Real Estate Workshop Series Continues
The next Investing in Real Estate Workshop is being held on Tuesday, January 18th at 7:00pm in Steiner Ranch. For more information, watch this brief video or click here. … [Read more...]
Seasonality in Home Sales Data
The National Association of Realtors recently released this article. It think it does a nice job explaining the "seasonally adjusted" numbers and the two graphs provide a nice comparison. If you would like to buy or sell a home and help contribute to the statistics on these nifty charts, please don't hesitate to contact me at 512-650-7300, by email, or the form below. When looking at national existing home sales data, it is apparent that there are large seasonal trends in the data. Sales in existing homes … [Read more...]
Do You Buy Notes? A Client of Mine Might Be Selling
I have a corporate client who might be selling a performing note in the near future. I am definitely not an expert in this field and am not brokering it or anything like that. I would simply put you in contact with the person at the company who handles it. Though my knowledge of note sales is limited, this sounds like a pretty good one. The note is around $140,000 on a property worth about $190,000. Based upon an approximate asking price and the note payments, it would likely be a 15% cash-on-cash return (and, … [Read more...]