Clovis, CA

Clovis Foreclosure FHA Loan Program

Clovis foreclosures are high on everyone's list these days, but unfortunately, unless you have a stack of cash to pay for repairs, closing costs, and a down payment, most Clovis home buyers can't take advantage of these bargain priced homes. Until now. Many Clovis buyers are unaware of an overlooked government loan that's ideal for Clovis foreclosures. Here's how you can take advantage of this little known loan program and snatch up a Clovis foreclosure priced 20-30% below other Clovis homes for sale. Read More

Not all Clovis Foreclosures are Good Deals

Foreclosure Clovis CA Clovis foreclosures (also known as Clovis REOs) account for nearly 1 out of every 2 homes sold in Clovis these days. However, Clovis buyers seeking a foreclosed Clovis home for sale should understand that not every foreclosure is a good deal. Here’s why.

Clovis Foreclosures

Anytime you buy a Clovis foreclosure, you need to have the property thoroughly inspected. Most Clovis foreclosures need more than just new carpet and some paint, they may need major repair. Unfortunately, much of the damage is hidden. While it doesn’t take an expert to see that a toilet has been ripped out, it does require someone with expert knowledge to know that while tearing it out the previous owner damaged the attached pipe or filled the water line with cement (yes, it happens). Bottom line: Hire a good Clovis home inspector to make sure your “bargain” doesn’t turn out to be a money pit.

Cheap Clovis Foreclosures?

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High Speed Train Fresno / Clovis

California has approved plans to build a high speed train that runs from San Francisco to Los Angeles (eventually all the way down to San Diego, through Fresno / Clovis. The Fresno Clovis high speed train will eventually allow Clovis residents to hop on the rail and commute to the Bay area or LA in a little over an hour.

This past week, Governor Arnold Schwarzenegger submitted the plans to federal authorities in hopes of securing part of $8 billion in federal stimulus money specifically set aside for high speed development. According to the Fresno Bee, the Fresno route would be the fastest train in the entire United States, reaching speeds of 200 mph.

Clovis Transportation Options

Clovis has a number of convenient transportation options. Clovis transportation options include: Fresno Yosemite International Airport, Amtrak, Buses, and Interstate 99 which dissects California, making it easy to get to any part of California or the rest of the United States. Within the city of Clovis, commute times generally are less than 15-20 minutes to most anywhere you want to go.

Clovis Real Estate

Once completed (tentative plans are to begin construction in 2012) the Fresno Clovis high speed rail will dramatically change access to and from Clovis. Residents will be able to live in Clovis and work or visit just about any part of the state. Because of Clovis’ low home prices compared to the rest of the state of California, the future looks very bright for Clovis real estate and home prices in the near future. Find out why some think this is the best time to buy a Clovis house in the past 20 years.

Clovis, CA is a hidden West Coast gem. With 3 beautiful national parks nearby, great transportation options, terrific schools, affordable housing, and short commute times, we think you’ll love it here, too. Let us know if you’re relocating or moving to Clovis. We’re Clovis real estate experts. If you’re searching for a Clovis Realtor who specializes in Clovis, CA homes for sale — we’ll make your move easier and help you get great value for your money and find the best neighborhood and Clovis house for the lowest price possible. Visit us at: ClovisExperts.com

Here’s an interesting chart (click here) on Clovis, CA houses for sale. As the chart indicates, prices have plunged since 2007. In fact, Clovis home prices have dropped 14.8% since last year at this time, but that is better than Fresno home values which declined 19.3% during this same time.

Clovis Homes for Sale

Where are Clovis home prices headed? If the past month is any indication (Clovis home values dropped 1.1% from last month), home prices may continue to drop through the rest of the year (see our prediction of Clovis home prices for Fall 2009). The median price for all Clovis houses currently is$241,000. The decrease in Clovis home prices have led some experts to state that it’s the best time to buy a Clovis home in the past 20 years (click here to read why).

Are you a Clovis For Sale By Owner (FSBO) attempting to sell your Clovis home? As you likely already know, selling your Clovis home by yourself can be risky, but if you’re going to do it RSS feeds can help. Never heard of RSS feeds before? That’s OK, we’ll show what they are, why every major website has them, and how we use them to sell all of our Clovis homes and why you should too. Read more...