Welcome to myBankOwnedProperty.com!

Now Featuring Davis and the rest of Yolo County!

This is the ONLY place on the web where you can browse the
COMPLETE list of bank owned properties for sale in Sacramento, Placer and
El Dorado Counties. See: View the "Hidden" REOs below.

Go to Bank Owned Property for:

Sacramento County ** Placer County ** El Dorado County ** Yolo County

Go to Bank Owned Properties for:

Sacramento County

Placer County

El Dorado County

Yolo County

Bank Owned Property

Whether you are an investor looking for residential investment property, or an individual looking to buy a residence for yourself, a bank owned property represents an opportunity for you to acquire a residence at a savings. There are several considerations to take in to account when you are evaluating bank owned properties:

Property Condition: The condition of these properties vary widely. In many cases the properties will require repairs and renovation in order to be habitable. Some properties will actually be close to "move-in" condition! However, you should be prepared to have some work be performed on the property after you acquire it.

Seller Concessions: Every bank and lending institution is different. In some cases they are willing pay for repairs and your closing costs. In other cases they want to sell the property in an "as-is" condition, which makes you responsible for all problems with the property after you purchase it. For most banks and lending institutions, owning these properties is very expensive for them, and the longer they own them, the more expense they incur. As a result, they are usually very motivated to sell theses properties.

Timing: For more desirable properties, you may have considerable competition. You should be prepared to move quickly when you find the right property. It is a good idea to meet with a mortgage lender and get pre-qualified or per-approved for a loan before you make an offer on these properties! When the bank gets an offer they like, they will want to move quickly to take the property out of their asset inventory.

The properties shown on this site have been listed on the Metrolist MLS and have been specified as "REO" (bank owned) by the listing agent. This information is based upon MLS data and is updated weekly. Hotsheets are updated daily. Please see individual web pages for "as-of" dates.
View My Listings!

***Views!*** 23455 Barnes Lane, Colfax: 6 bedroom, 5 bathrooms, 5 acres, $1,195,000

15 Mountain Shadows Lane, Monterey: 3 bedrooms, 2 bathrooms, $675,000

8631 Quail Oak Way, Orangevale: 3 bedrooms, 2 bathrooms, $339,000

My Websites!

Find out what's happening in the Sacramento Real Estate Market! Visit my Market Update site to review the latest market stats and trends. Data is updated monthly in the middle of the month.

Search HOMES FOR SALE in the Sacramento Valley and the Foothills area by visiting my Valley Search page!

Learn more about Sacramento and the foothills by visiting my Valley Web Site !

Reasons to Hire Rowland to Help You Buy and Sell Property!

First of all, I am a "Quality Service Certified" Realtor®. I am committed to making sure that your transaction will be handled in an efficient, professional manner, AND that your interests will be protected at all times. PLUS after the transaction is complete, you will have an opportunity to rate my service through an independent rating company. Find out more about how this works by going to my Quality Service web site.

Secondly, I am a Certified Internet Marketing Specialist, or ePro. With over three quarters of the buyers starting their home search on the internet, today's Realtor® must be an expert in the use of internet technologies in order to effectively help clients buy and sell property!

Third, I provide the most complete Marketing Plan available from anyone, to promote your property effectively and help you achieve the financial and timing objectives you have for selling!

Rowland Fellows
Broker Associate, ePro, QSC
(916) 792-2368
rowland@rowlandfellows.com
www.RowlandFellows.com

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Rowland Fellows
Broker Associate, ePro, QSC, DRE License # 01435867
The Galster Group, 112 Feather Falls Circle, Folsom CA 95630
(916) 987-1670, (916) 792-2368 CELL, (916) 404-4197 FAX
rowland@rowlandfellows.com www.rowlandfellows.com

If your property is currently listed, please do not consider this to be a solicitation. The Galster Group and its agents are licensed by the Department of Real Estate, State of California. This website is not intended to be a solicitation for the purchase, sales or lease of real property outside the State of California. Information contained herein has not been verified by The Galster Group or its agents. Interested parties should independently verify this information.

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