Well here in Northern CA, many of the auctions open up well below what is owed, and some open at what is owed, even if it is well above the value of the property.

Tax auctions can be very competitive anywhere in CA.

how do i calculate closing costs if i am a buyer and seller in CA?

I have noticed lately that single family homes have been falling in certain ares or Orange and Los Angeles Counties in California.

Not sure where to start with this...I'm assuming Desert Hot Springs is in CA based on your location?

Here in California there are places that will collect the Judgement for you with no upfront fees.

Hi everyone,I'm currently a 60% investor on a rental property out in California and was wondering how I can be setup as the first lien holder on the property?

Looking for opinions and discussion.Here is the description:22 Units composed of 8 - 2/1.5 and 14 - 2/1100% occupiedMonthly Income = 11kMonthly expenses = 4kNet Monthly Income = 7kAnnual Net Income = $84,000$925,000 price makes cost per unit $42,000Located in Central Valley of California As I said before, looking for other investor opinions and discussion on why you would or would not consider a deal like this.Thanks!

I have read a few books and used to work at a real estate investment company in California, but have MUCH to learn.

Whether you say ethics or any other BS in the real world these REO kings and queens have a list of buyers ready to purchase with cash where the REO broker can double end a deal.If the offer is close to what the asset manager wants then the bank doesn't care about double ending.How you level the playing field is to tell the listing agent they can keep all the commission so they will push your offer with all things being equal.It is a classic mistake I see brokers and agents make time and again.The REO broker is only getting a tiny fee on their side and having to cover a bunch of costs listing the REO so getting the other side is huge for them.If you are flipping you will save the commission on the sell side as an agent and you can put 4% co-op to get buyers agents in droves and still save 2%.The price has to be competitive and the rehab quality for the area as always.You can't just offer a higher co-op and then list high to compensate for it.That is another classic seller mistake.good luck