CRR Blog

Long Beach Condo.. Instant Equity....

2BR/1BA CONDO at 1723 Cedar Ave. #213 in Long Beach...  


Value:  $137,000.00  Est. Bid:  $278,001.00  Opening Bid:  $52,500.00  Sold for..  $80,000.00  !!!

Instant Equity just yesterday....

3BR/1BA Home at 1138 Orange St. in Redlands...


Value:  $285,000.00  Est Bid:  $259,215.00  Opening Bid:  $85,500.00  Sold:  $85,500.01  !!!

3 from just the other day....

3BR/1BA Home at 14009 Light St in Whittier...


Value:  $309,50,700.00  Est Bid:  $473,767.00  Opening Bid:  $102,000.00  Sold:  $120,700.00   !!!


Westwood Triplex at 3421 Walton Ave. in Los Angeles...


Value:  $668,000.00  Est Bid:  $651,743.00  Sold:  $334,000.00  !!!


3BR/2BA Home at 16310 Avenida Mirola in Desert Hot Springs...


Value:  $73,000.00  Est Bid:  $191,999.00  Opening Bid:  $42,988.50  Sold:  $49,000.00   !!!

Just yesterday.... WOW...

2BR/1BA Home at 1101 E. Fairview Blvd. in Inglewood...


Value:  $200,000.00  Est Bid:  $324,165.00   Opening Bid:  $60,000.00   Sold:  76,000.00   !!!

Can you buy a 3 bedroom home in Carson for under $80k...??? Yes you can...

3BR/2BA CONDO at 44 Paradise Valley in Carson...


Value:  $185,000.00  Est Bid:  $294,191.00  Opening Bid:  $60,000.00  Sold for...  $76,000.00   !!!


WOW

Wow.... Three from the last 2 days....

2BR/1BA Home at 308 E. 56th St. in Long Beach....


Value:  $294,000.00  Est Bid:  $417,061.00  Opening Bid:  $100.00  Sold:  $186,100.00  !!!


This was a teaser bid of just $100.00 to open the auction.


It usually means the lender has set a "Reserve" that they want to be paid, but you have to bid to find out.


Here it seems the bidder topped the reserve by $100.00..


2BR/1BA Home at 1259 E. 47th Pl in Los Angeles...


Value:  $184,000  Est Bid:  $254,240.00  Opening Bid:  $80,058.60  Sold:  $80,058.61  !!!


This was a low opening bid with no reserve set.


In this case the lender reduced the starting price for the auction with no reservations


about what they wanted to sell the property for.  The bidder paid just one cent over the opening bid.


3BR/1BA Home at 10341 Kalmia St. in Los Angeles....


Value:  $314,500.00 Est Bid:  $363,491.00  Opening Bid:  $87,525.00  Sold:  $87,525.01  !!!


This is another example of a low opening bid where the lender had no reservations.


They opened the bid and one lone bidder offered just one penny more.  Wow!!!

Spotting a good deal.. before it is a good deal...

2BR/1BA Home on HUGE LOT at 2407 N. Slater Ave. in Compton.......


Value:  $391,000.00  Est Bid:  $350,675.00  Opening Bid:  $97,404.00  Sold:  $114,600.00  !!!


Do the Math...


Value $391,000 - $114,600 = $276,400 in potential equity  !!!


The discounted opening bid is your answer......  They happen every day.


 

Instant Equity.... You can do it....

2BR/1BA Home at 1169 W. Rialto Ave. in San Bernardino....


Value:  $40,777.00  Est Bid:  $187,402.00  Opening Bid:  $40,777.00  Sold:  $46,100.00  !!!

Half Off Every Day......

4BR/2BA Home at 17801 Lorne St. in Reseda....


Value:  $455,000.00  Est Bid:  $577,249.00  Opening Bid:  $265,500.00  Sold:  $266,000.00  !!!


2BR/1BA Home at 1197 W. Church St. in Riverside...


Value:  $110,000.00  Est Bid:  $41,261.00  Opening Bid:  $41,385.94  Sold:  $49,100.00  !!!


4BR/2BA Home at 2025 Harvard Dr. in Barstow...


Value:  $103,000.00  Est Bid:  $200,103.00  Opening Bid:  $42,000.00  Sold:  $42,000.01   !!!

Imagine it and you can do it..... $50k in equity in just seconds....

2BR/1BA CONDO at 21219 Roscoe Blvd #111 in Canoga Park...


Value:  $102,000.00  Est Bid:  $66,965.00  Opening Bid:  $50,000.00  Sold:  $50,000.01   !!!


 

Check this one out...

3BR/1BA Home at 6860 Leland Ave. in Riverside, CA...


Value:  $145,000.00  Est Bid:  $415,097.00  Opening Bid:  $95,376.00  Sold:  $95,376.01   !!!


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