Stockton, CA- once claimed as the 'Foreclosure Capital of America, The Epicenter of the Foreclosure Tsunami' is alive and well, thank you very much! In February 2008 Stockton homes and 2-4 unit property prices hit a bottom. From the top of the 'Housing Bubble' prices fell an average of 70%! There were foreclosures everywhere in Stockton, it was a mess. There was 'Blood in the streets'! Don't you wish you had invested every single cent you had, and could borrow, on real estate in Stockton? Values, from that low point, have gone up an average of 40%! Local, national and international investors took advantage of this market, often times buying sight unseen! Sometimes buying and not even bothering to rent the asset!

What is interesting and creates an investment anomaly, is that rents have decreased only 15%, while the asset being rented has still depreciated 60%. This has created an investment frenzy in Stockton real estate. Cash on cash returns of 20% are not unheard of and ROI of 40% is often in reach (only using rent as return, not equity appreciation). These properties were available on MLS as retail purchases.

As 'Rent vs Buy' costs have stabilized the market, owner occupying buyers compete for properties with investors, the foreclosures keep coming. With the bidding between prospective buyers driving prices up, on one level, and the foreclosures driving prices down, on the other, prices are in a modest upswing. Nobody seems to want to put a time frame on how long the inventory of foreclosures will last, but conservatively three plus years, seems to be the consensus. FNMA, FHLMC and several other investors have agreed to 'stall' the process by only foreclosing on a minimal number of properties and releasing an even smaller number to market as REO's. With this in mind, the environment for prices 'should' be stable and continue with modest gains.

INVEST WITH PROVENANCE GROUP!

In this relatively stable and modestly appreciating market, how can an investor obtain the maximum return and yet safely participate in this market? Provenance Group invites you to participate with us in acquiring foreclosed properties at Trustee Sale. Typically, these properties sale at a substantial discount compared to market prices. Provenance has the experience and infrastructure to turn these properties into a profit! This is NOT a get rich over night investment, just a way to obtain substantial return on your cash in a conservative environment with a company that has a documented track record!

On this page you will see a list of actual properties purchased at Trustee Sale and then re-sold or ‘flipped’ at retail prices in the open market. These transactions are verifiable and in fact are of public record! If you would like to participate with Provenance Group, please contact our investment agent Dan Walker at 209-487-9686 or email us , for a confidential discussion as to how we can help you put your money to work!