Burdett

From CaseyPedia

[edit] 6842 Burdett Way, Sacramento, CA 95823

• 6842 Burdett Way, Sacramento, CA 95823, Google Maps

Address: 6842 Burdett Way, Sacramento, CA 95823

Description: 4 bed (another garage conversion, like Dallas), 2 bath, 0 car; 1,408sf; 10,454sf lot; built 1959

Financing:

Balance: $294,890.91 @ 8.875%.

Payments: $2,551.76/mo (no payments since August 2006)

Taxes and Insurance: included with payment

Loan type: ARM 2/28. Fixed rate interest-only payments till Feb 1st 2008 (2yrs), then converts to adjustable rate with principal payment.

History:

• 25-Sep-06: Working with on investor on a short-sale.

• 17-Oct-06: Bank approved a short sale at 248,000. If you want the house at this price, just let me know and the investor I’m working with can assign you the contract.

• 27-Nov-06: Investor wasn’t able to buy the house or assign the contract. So now the house is available to anyone to take over payments or buy with new financing at the short-sale price of 248,000. Contact me if you want to buy.

• 29-Dec-06: I put out For Sale By Owner No Banks Needed signs on the property to attract-credit challenged buyers. I get several calls.

• 26-Jan-07: The previous strategy doesn’t pan out so I hire a short-sale specializing real estate agent to help me do a short sale on the property.

• 03-Mar-07: Foreclosed

Virtual Tour:

The master of the house, Sercasy, illustrates his innate distaste for receiving the daily post (aka mail), via a message inside the Burdett mail box. Might not make the mailman too crazy about bird-dogging for Casey, though.

A lot of folks do their best to stay out of Harm's Way. Not our boy, though; that's his place in the background.

This image of the Burdett tub clearly identifies a period before Galina's maid phase.

OR...

Perhaps our flipper just misdiagnosed it -- he states he was not sure if this was dirty, or needed to be magically "resurfaced". Note clean streak where soap has drained. It's a tough call, but I'm sayin' some elbow grease...

There seemed to be some interest on the property before it went to foreclosure. Unfortunately, once the parties discovered the boat, car, and homeless handyman living there did not transfer with the title, they no longer expressed an interest. All three items of value have subsequently disappeared, leaving the property in it's original state of Serinization. Note magic fence feature -- once cleverly placed over the driveway, no one could suspect that you could simply use the yard for egress instead.

Once you've spent $50-60K on guru courses, this is the kind of sweet ad campaign you can work up on your own. Notice use of eye-catching canary yellow paper, and eye-ball grabbing location in window, so anyone passing within five feet would be fairly likely to take note. Sweet! Hard to believe it got foreclosed. Since the loan stated "Owner Occupied", all any passer-by would have to do is knock on the door, and talk to the man of the house to get the straight low down on this jewel.

Casey learned the "Fix-n-flip" process during his $50-60K of guru edumkashun. Not sure which state we would say the shower is in -- does not appear to be 'fixed' and the tile has 'flipped' out into the floor... maybe Casey never got the hang of the "Fix" part of "Fix-n-flip" since he is an idea guy. As previously noted, the condition of the shower pan would lead one to believe it was likely maid-Galina's week off. I'm sure that scum and filth could be scraped up with a good clipboard...