1738 Almaden Redding 96001 West Side not in MLS $169,900

by Skip@FDotD on July 8, 2011

closeThis post was published 10 months 12 days ago, which may mean this home is not for sale anymore. You can always call to check current availability. FDotD or The Address Realty is not responsible for any misunderstanding. It should be pretty clear.

Homes for sale in Redding CA

1738 Almaden -Click to enlarge

We get love notes from Fannie Mae, now and again. This one tempted us with advance knowledge of an upcoming property for sale near the Mary Lake neighborhood. A little bit of insider info, as it were. And we are passing it on to you. Not really though. It’s out there in public, but just not in the Shasta MLS quite yet.
real estate in redding ca

1738 Almaden Click to enlarge

We showed it this morning, and while today’s clients weren’t interested, we thought you might be, so we are running to FDotD with it. It has a lot to offer.
Built in 1992, this 1597 sqft 3/2 sits back away from Placer on a deceptively large lot. It has good sized RV parking. The tile kitchen and dining area is very large, and the walk-in pantry is nice. There is also a walk-in closet in the master. It needs paint and some carpet, but seems to be an attractive price in a neighborhood where multiple offers on bank owned properties has become the new normal. Get it while it’s hot!

 

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reo homes in redding ca

1738 Almaden -Click to enlarge

We rely on your calls and referrals. Do you know anyone buying or selling real estate or homes. Thanks for your support of FDotD!
foreclosure homes in redding ca

1738 Almaden -Click to enlarge



Edit 7-9-11. We see today the property has now been listed in the MLS by foreclosure listing agent Vicki Cook of Banner Realty.

A conservative California Congressman has introduced a bill to merge Fannie Mae and Freddie Mac, perhaps as an exercise in the obvious, since there is so little difference between the two. The other day, RS Editorial Editor Bruce Ross asks some pointed questions about FM’s true role in our current economic situation.
No matter what, we at FDOtD wonder why, given the billions in vanished home value, and billions more now being spent bailing out either of these two entities, why in heavens name isn’t anybody demanding at the very least clawing back some CEO level pay and bonus money from the administrators of this predictable and avoidable failure, and the resulting crushing taxpayer burden? We don’t believe the FM’s were entirely responsible for the bubble, although they contributed. But when nobody gets punished for very obvious and costly irresponsibility, we can only get a repeat performance.

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