CRR Blog

Rancho Mirage Pool Home on the Fairway at $200k Below Market!!!

The season for deals is now.  We are seeing more sales at auction go to 3rd party bidders at great prices.   We are all aware that postponements are a bother, but they do not always happen.  Here is an example of a Trustee's Sale from this last Monday, 8/15/2016, at the Sixth Street auction location in Corona in Riverside County. 

The lender was owed $497,877.00 on a 3BD/2BA home with a Swimming Pool on the Golf Course, with a Market Value of $569,161.00.  They reduced the opening bid on the first scheduled auction date to just  $351,050.00.  There were multiple bidders, because it went up from there but not by much.  In the end the buyer got it for $370,000.00.

I call that a Deal!

Another Great Buy for CRR Trustee Sale Bidding Service at the Pomona Trustee's Sale!!!

Our bidding service clients get some really good deals at the auctions.  They tell us the most they are willing to spend, provide the cashier's checks to cover the bid, and we are there to get the deal.  We try to spend as little as possible.  Just this week we got our client a deal on a house on the Hollywood area.

The home on Rosewood Ave is worth anywhere from  $674,000 to $767,000.  Our client was willing to pay more than he did, but the lender dropped the bid to $524,400.  It was a deal, so there were other bidders, but we got it for $588,500!

Set up your FREE Bidding Service account.  Get us your bids and your checks.  Let's see how much you can save! 

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