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FDotD

The Redding area Foreclosure Deal of the Day

URI: http://www.ez-tour.com/FDotD/wordpress

This was once a lovely example of unique country living on 5 acres west of Redding, but now seems to have fallen on hard times. Prior listings fairly gush regarding the features of this intriguing west Redding home, but today we find it in need of some repairs
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Wow, we listed this and sold it for $245K back in ’05. That’s a queasy feeling for us. The photos above are the ones we took back then. We see from the
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Here’s a eastside home tucked away against Churn Creek. It compares favorably with other homes for sale in the area as a ’86 3/2 of about 1135 sq ft. The listing agent has provided us with many
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This bank owned asset is located at 21 First St in Lewiston CA 96052. It’s nearby to famed fishing and the relaxed lifestyle that Trinity County offers. It’s really modern and clean looking, and priced attractively. The listing agent has taken a good number of
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Looking for a deal in the Grant School District? Today’s luxury home FDotD once listed for $899K. This Middletown ma
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This one caught our eye. We don’t see many contemporary looking homes here in sprawling ranch style Shasta County. And today’s FDotD is not actually in Redding, despite the address. It’s not too far out of town, however, and comes with some room on land to
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This 2340 sq ft home on an acre within easy walking distance to the lovely trails of Lema Ranch is priced at less than $82 per sq ft. That’s just darned inexpensive. Well below replacement costs, were you to try an
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Today’s FDotD is a good sized 4/3 built in 1988 with a 3 car garage and an inground pool on 2 acres of pastoral Palo Cedro. Very near highly regarded Foothill High School, and lovely Cow Creek. Dang. Sounds pretty nice. We bet there’s a lot of people wishing they
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On Solar, but not with solar. It must have been a flurry of economic activity in the mid 60′s, when they started building the Starview Estates neighborhood. All the streets are named with a nod to the Space Age, but the homes they built there are anything but. Economical and
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Did you know that Le Brun means “the brown one” in French? Today’s FDotD isn’t brown, but it is an inexpensive 2/1 on the east side of Redding. According to records, it was built in 1950 and is 752 sq ft. It is apparently the unwanted asset of
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Today’s FDotD looks pretty tempting. Selling a house with a sparkling blue pool on a firecracker hot July day is… is… well, it’s easier than selling a home with a pool in the winter. Lately we’ve seen a few of the more clever institutional selle
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We confess that over 560 blog posts, we have sometimes have picked our FDotD candidate just for the marketing photo. Today, we offer you this artfully angled image. Actually, the home looks quite well appointed and livable in all the subsequent, less artful imagery.
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If you haven’t seen this one, you don’t know Jack …Pine. Terrific in-law/guest type setup for someone who needs some space for horses or other critters. Importantly, it’s on Bella Vista water. Located not far out of town, but not in Redding actua
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We like 4 plexes at FDotD. You can buy this modern and very livable investment property using the exceptionally favorable rates and loan programs currently available to home buyers. Live in one unit, while you fix up and rent the others for top dollar. This is
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Here’s .61 acres of dirt, ready for an ostentatious home in the gated Stanford Hills Community. It’s now owned by the remnant of IndyMac, which was the 4th largest bank failure in US history. Represen
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Today’s FDotD has solar water heating collectors on the garage. In fact, this application of solar energy is one of the most underrated and effective of all the green technologies currently being generally ignored by the media. Perhaps as a result of that ignorance, China has
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We were in this house when it was listed in 2008 for over $600K. It was really nice. Very bright and open, which was unusual for a ranch style west Redding home. Two big shops and a nicely re-done pool. Great setting. Updated 1976 built 2688 sq ft 3/2.5. We liked
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Here’s a somewhat unfinished 2051 sq ft 3/2 on 5.4 acres out east of Bella Vista, with garage space for 5 cars. Since there are few really defined boundaries of the locally named regions in the unincorporated county areas, it’s difficult to say where ‘Bella Vista’ begins and
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Perhaps today’s new REO listing looks familiar to longtime FDotD readers. That may be because it was our FDotD back in February. Or, perhaps you noticed this
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We once lived in a 900 sq ft 3/1 for years, so this 1100 sq ft 4/2 sounds livable to us. It seems in the past, people were able to live comfortably in much smaller spaces than we are generally accustomed to today. Why is that? It’s a question worth considering in harsh
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The government now owns nearly half of all foreclosed housing the US. This duplex is a Fannie Mae seized asset. There are not all that many residential incom
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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of
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Looks like a bargain price for this 2006 built 3801 sq ft 4/2.5 Tuscan inspired McMansion, plopped like a stucco cowpie in the middle of 4.7 acres of the most fertile farmland in North America. We recall Holstein Lane when it was Amen Dairy
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This one in River Ridge just came on market. Looks nice. that’s great neighborhood up past Caldwell Park on Quartz Hill Road. Not far to lots of amenities and Lake Redding Golf. From records, it seems to have last sold in 2005 for $354K. Now you may purchase i
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Attention banks and government: This is Earth calling! The number of bank owned and government seized homes for sale has spiked up steadily since June. After hovering regularly around 150 or so for sale on any given day for most of the first half of the year, check out the stats in the sidebar. 220 bank owned or g
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If ever there was a candidate for Redding’s most walkable neighborhood, Parkview would be it. Walk to Safeway, or walk right past the car dealer to Raleys on the new pedestrian friendly Cypress Street Bridge. Walk over to City Hall and the Farmer’s Market, to the
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Gee, a 1982 built 3/2.5 home of 1971 sq ft in west Redding for only $119,500? There must be a catch, right? There usually is, yes. We are informed the home was ” completely destroyed” somewhere in the foreclosure process. Prior listings were more cheerful, “Near M
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We recall this FDotD home when it was listed for over a million and seemed worth it. Now you can get it for probably less than replacement costs to build. Stanford Hills is one of the most upscale gated communities in Northern California, and the buyer here will have some great n
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In June of ’44 our brave soldiers waded ashore at Omaha Beach to assault an establishment of evil. Meanwhile, back home in Shasta Lake City, then called Central Valley, this bungalow was under construction. It was
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Built in 1990, this horse country 4/2 is listed as 1915 sq ft. It’s on 2.5 acres, just past the Volunteer Fire Dept, so that’s a bonus. Also of note is it’s location in the highly regarded Cottonwood School District, where
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The FDotD for today looks familiar. This is a big home on a good sized lot, listed as a 1967 built 4/2 of 2140 sq ft. Deerfield is a centrally located street off Mistletoe on the eastside of Redding.
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We’ve noticed bank owned properties starting to accumulate in inventory. Right now, there are 210 listed. The number of REOs for sale had been consistently around 150 on hand for most of the first part of this year, but that number has been steadily moving up since the end of
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Here’s 3 units for a little over forty grand each, at list. Might be a good starting point for an investor. Live in one and rent the other two. Fix them all up to get top rents. Just another rung on the ladder to a lifetime of wealth in real estate. Or something
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Happy Summer Solstice to you! We were hoping to see the Sundial Bridge on the one day of the year it has the correct time, but instead we are working today. And so we bring you this FDotD in Quail Ridge. Listed a
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We’ve admired this house and it’s setting overlooking Little Cow Creek ever since it was built in 1987. These images we took yesterday hopefully show just how close it is to the creek, and how that extraordinary setting defines the space. Not really in B
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Here’s a bank owned house for sale that last listed for $359K. A 1990 built 3/2 of 1687 sq ft on a half acre, this one also has a gunite pool. The pictures from the former listing in 2006 look pretty nice, but we are supplied with only the one image you see above for mar
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Today’s FDotD seems priced to attract quick interest. A 1990 built 4/2 of about 1690 sq ft, with a 3 car garage and a gunite pool. We recall it as a (you guessed it) a failed Short Sale from a few months ago, when it languished on the market for 99 days starting at $22
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Here’s a home not far from Lake Shasta where I took some photos recently. In fact, it’s in Shasta Lake City. If you lived here, you could be up to the lake in scant minutes. This 1992 built home is a
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Today’s FDotD is in the Waverly neighborhood. That’s an interesting little enclave in southwest Redding. It’s an older area, but there are some nice old homes in the Waverly loop. We gather that this one is located at the edge of the neighborhood, so may be more defined by the surrounding
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We’re trying a new feature that sends email of every post. If you’d like to subscribe, there’s a new link at the top. Today’s FDotD is an investor wealth builder. This duplex actually seems to pencil out, and it’s surprisingly nice inside, and the stucco exterior
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This style of home is more common in Southern California. The Mediterranean influenced bungalo style is more often seen in places like Santa Barbara, or Pasadena. It’s not another cookie cutter, and that makes
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Today’s FDotD is a modern ranch style of 2487 sq ft in the Rolling Hills subdivision. Rolling Hills is Cottonwood’s ‘other’ gated subdivision. We’re not sure where this site lies in relation to the gates, or whether the gates are functioning. The anticipated build-out t
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We don’t have too many condos in Redding, and not all that many pop up as bank owned. Here’s a Ridgecrest Condo REO. This one was built in 1988, and is a 2/2 of about 1119 sq ft. We occasionally get calls for these, and it might pencil out for an investor. One reason is the lack of need of exter
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Homes along the Sacramento River are the Redding equivalent to beachfront coastal property. That’s why finding bank owned properties along the river is quite rare. This one was once listed in our MLS for $799K just a couple of years ago. We note that the current listin
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Today’s FDotD was last listed for $389K. Built in 1984, this 1860 sq ft contemporary is located off Eureka Way on a street with something of a greenbelt view. It belongs to Freddie Mac now, and representing their interests in this sale is foreclosure listing agent Jackie Angu
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We recall today’s FDotD when in 2006 it was Redding’s newest 4-plex, and sold for $800K. At the risk of boring lo
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Today’s FDotD was also for sale last year as a bank owned property starting at $209K, and going on for many months. Indications were that it was going to auction, but apparently it didn’t. Here it is liste
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We recall today’s FDotD as a Short Sale from a few months ago. Must not have worked out. Now you own it. Well, not directly. The Treasury seized Freddie Mac, and now they own this house, so sort of like the six degrees of separation between you and Kevin
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We often see that some of nicest, custom, foreclosed homes are turned over to their new bank-owners relatively intact, with upscale appliances left behind, and mostly clean. Meanwhile the cheap homes get their appliances ripped out and are often turned ove
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The above photo of a manufactured home in Redding bears no relation to this post. I took this photo a couple months ago. And actually, the house looks much worse now. You can see it for yourself on the north end of
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