Foreclosed on at the Alameda County Courthouse steps today, Dec 16, 2011

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These homes were sold at the Alameda County Courthouse steps.   These properties were foreclosed on and will become tomorrow’s REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on a MLS and resold. If you are interested in buying these let us know.

 

Two went to sale today in Fremont. Only one was sold to an investor and the rest to the Bank. When the banks take in the property they generally don’t do as good a job rehabbing  (if any). It takes them longer to get a property to market, and they do a poorer job marketing. If more were sold to investors, you’d see home prices rebound faster.

 

 

 

 

SUNIL SETHI REAL ESTATE
Fremont Real Estate


 

 

 

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