Just for Investors! Free online help to generate investment property analysis

Actually, even if you’ve been in the investing game for a while, you will want to check out “Real Estate Analysis Free.” The investment software found at http://www.realestateanalysisfree.com/ provides a free property analysis to investors. It helps with calculations of sophisticated indicators, provides interactive reports, and enables sharing on social networks. You enter basic property value information, and applicable income and expense figures into the “Real Estate Analysis” form and the program then generates a detailed report with charts and graphs.

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Opportunity is knocking for homebuyers in Folsom

There was a good article in the Sacramento Bee this weekend, "Housing Crash Means Bargains for Some Sacramento-Area Buyers", that talked about the opportunity that exists for home buyers to purchase an affordable home in this market, this after years of inflated home prices. If you and your family are at a point where it's time to either move into your first home or maybe even move up, take a look at the homes currently for sale. I checked our local multiple listing service this morning and found 189 homes in Folsom selling for under $300,000. And, of those, 64 were listed under $200,000. That is opportunity.
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Some good news from Freddie Mac for Buyers looking to buy a home in Folsom

Here's the deal: Freddie Mac is offering up to 3.5% in closing-cost assistance to homebuyers for offers on HomeSteps properties that are received by July 31, 2011, with escrow closing no later than September 30.

HomeSteps homes are foreclosures owned by Freddie Mac. That represents some serious money for homebuyers. For example, on the purchase of a home worth $150,000, HomeSteps would pay up to $5,250 towards the buyers closing cost. Pretty sweet!

This deal may sound familiar. Fannie Mae has been offering a similar deal on homes closing by June 30.

Currently there are two homes for sale in Folsom that are eligible for the Freddie Mac incentive with possibly more coming on line. Freddie Mac says it expects the REO inventory to grow (REO stands for real-estate owned--the term banks use to describe as properties they have foreclosed).

Write me if you would like more details...

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