Search our Sacramento/Placer County database to gain access to bank foreclosure listings, trustee sales, auctions, exclusive pre-foreclosure properties and purchase your next Real Estate foreclosure home or REO investment property from up to 20-50 percent below market rates.
My experience with RealtyTrac has been quite profitable. I am an investor in the Riverside County, CA area. Your service has given me the initial information to purchase three homes in the last year. Two of these homes were purchased in the final stage, foreclosure auction, at the courthouse steps. I sold both of these homes, netting over $100,000.00 total profit for myself and my investors. One house was actually purchased, rehabbed, sold, and closed escrow in less than sixty days. The other, although it took nearly six months, I rented back to the tenants until their children finished their school year, giving me an ‘interest income’ for three months before starting the rehab process. That property netted over $70,000.00 of profit.
The third property I have purchased was done pre-foreclosure. I have not sold the property yet, as part of the agreement was to allow the tenants six months of free rent. The agreement has enabled the owners to do required repairs on their cars, finish a work retraining program, and both to find new employment. In the six months since the purchase, the property has also appreciated nearly 25%. The house will go up for sale next month and we expect to net approximately $50,000.00 in profit. The old owners are happy, without the stress the foreclosure process applied to them, and it has been an extremely profitable venture for us. RealtyTrac has definitely paid for itself, even with the few purchases I have made with the information acquired from your service. I look forward to many more purchases with that information.
Seth
Riverside, CA
I enjoyed using your service; it was very helpful. I will be using your service in the future.
Melinda
New York
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