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California foreclosure deals are bittersweet for novice investors

Larry O. Doss Monday, July 20, 2009

California foreclosure deals are bittersweet for novice investors

Buzz up!By Nicole Williams
nwilliams@sacbee.com

http://www.sacbee.com/ourregion/story/2038862.html


Many Californians saw their dreams go up in smoke when the housing market burned up as a result of heavy job losses, bankruptcies and balloon mortgage payments, but others are rising from the ashes and forging new investment endeavors.

All the bathroom mirrors are missing, there’s dog urine in the air-conditioning unit and holes in the walls, but the foreclosed house Sacramento r... Read more

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