Help In The West
Most of what I see in most of the forums on TCI is investors on the east coast or the north-east.........not that its a bad thing,............the information works the same no matter where you are. Im in CA...central valley.
My question is.......is it smart to get into the market now (forclosures). Is this high risk market in Cali, As alot of people bought ther new homes at high prices, and now cant afford them, due to what ever reason. It funny (well nnot realy) I see NOD lists with people that owe 75k on houses I know would sell for 160k easy!
Im attending a courthouse sale in the morning to gain experience, and who knows........maybe a house!!.... =)
would you invest in the Central Valley?! 
Hello Viper:
I am right down the way from you.
There is a ton of money to be made in the Central Valley especially the Inland Empire. I would not spend any time at the courthouse steps as those days are long gone! Houses are now selling for
80-85% of market value! Not worth it.
You are better off spending your time
going after people who are headed to
the Trustee Sale. You might want to
check out www.CountyRecordsResearch.com.
Best Riches,
Jeffrey Adam
[addsig]
Thanx for the reply!
Could you please explane....... You are better off spending your time
going after people who are headed to
the Trustee Sale.
Do you mean contacting the current owner whos home is being sold?
Do you know of any REI clubs in my area?
I just cant seem to find one.
Due to the price increase in the past years, a lot of people have some
substantial equity.
When they get to the Trustee Sale stage,
they are very close to losing their home.
The problem these days with buying from the courthouse steps is that the prices are bid up too high.
Hope this helps you.
Best Riches,
Jeffrey Adam
[addsig]
Thank you....it sure does.
viper751,
How far North are you from Los Angeles? My gues is about 300 plus? Quiet far from inland empire Jeff is talking about.
Pleae correct me if I am wrong!
Hey, that's a great website about county records in CA. Do you know of one in Oregon? I'm in Portland.
Thanks,
Robert