Two Fixer Houses on a Lot in Citrus Heights
What is not to love about marketing two fixer houses on a lot in Citrus Heights? There is a certain amount of freedom that is inherent for a Sacramento listing agent to sell two fixer houses on a lot. For one thing, I’m fairly confident nobody will complain about a photograph of a burned-out kitchen. Yes, I can throw that photo of the view through the second floor of the kitchen sink with abandon into MLS. Leave no stone unturned. Every bad thing about these houses is marketing GOLD. No mincing of words. Embellishing never crosses my mind. The worse I make it appear, the more investors, flippers and contractors drool over it.
Not that we need a ton of offers to buy these two fixer houses on a lot in Citrus Heights. Nope, we need just one fabulous offer from a committed buyer who will close escrow. Often we get investors who rush in, throw an over-list-price offer on the table and try to tie-up the sale before anybody else can buy it when they don’t even know if they want to. Then they cancel two days later. There are also the guys who slap down an earnest money deposit and then try to renegotiate after a home inspection over the very same defects they saw with their own two eyes in the first place.
I try to help my sellers to select the best offer, but it can be difficult. Although, over the years, I have sold so many fixer homes, I can say I am an expert now. Not to mention, I’ve also got a lot of hands-on experience fixing up houses. It’s hard to pull the wool over my eyes. Of course, I also rely on my private list of losers I’ve accumulated over the years who have flaked on previous sellers, and I share that information with my sellers, should an offer originate from one of those.
Having said all of that, let’s talk about this opportunity. For starters, the comps in the area show fixed-up homes are selling between $500 and $550K. These two houses are for sale at $295K. One of the houses has had a fire in the kitchen, and part of the ceiling is gone. The other house is not permitted. Not permitted means there is no permit on record. The front house is 3 bedrooms and 2 baths, with a fireplace in the living room. The Sacramento County Assessor shows 2,112 square feet and it was built in 1936. The back house is a 1 bedroom, 1 bath. There is also RV parking and a two-car garage, all situated on approximately 1.42 acres (*not verified).
The information in this advertisement, including, but not limited to, square footage and/or acreage, has been provided by various sources which may include the Seller, the Multiple Listing Service or other sources. Lyon Real Estate has not and will not investigate or verify the accuracy of this information. Prospective buyers are advised to conduct their own investigation of the Property and this advertised information utilizing appropriate professionals before purchasing this Property.