November, 2008
Selling a Home In Rocklin
November 30th, 2008 categories: Market Commentary, Market Statistics, Rocklin
Important Statistics You Need To Know
I was hunting around the MLS this morning pulling some useful statistics that should be important considerations in pricing a home to sell in Rocklin. After looking at the data, I was surprised by some things that I’ll elaborate on here. Hopefully, if you are considering selling a home in Rocklin, this will help you in the most important decision regarding the sale: What price you choose.
Bank Owned Homes (Foreclosures) vs. Short Sale Listings vs. Neither
There are significant differences between foreclosures, short sales and regular real estate transactions. “Regular” real estate transactions are defined as selling a home that has the equity to pay off the mortgage and selling costs. Short sales are where the home will not sell for enough to pay off the mortgage and foreclosures have been seized by the bank for default by the homeowner on the mortgage obligation.
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5062 Concord Road, Rocklin
November 29th, 2008 categories: HOT! Deals In Rocklin, Market Commentary
“Screaming” Deal in Rocklin Homes
This bank owned home just came up in Rocklin. 3 bedrooms, 2 bathrooms, over 1700 square feet in one of the best school districts in Placer County. This one is priced at $239,000. This is one of the lowest prices I’ve seen in West Rocklin this decade.
Concord Road, Rocklin
This neighborhood is in Stanford Ranch close to parks, schools, shopping and is very quiet away from noise and heavy traffic. Click on the link above to be taken to Mapquest and take a look at the location. It’s very nice. Shopping center and Starbucks right around the corner. My in-laws live very close to this street, I know it well.
“This One Won’t Last”
I know this falls into the same category as “but wait, there’s more!” but this is one of the best priced homes in West Rocklin. Because it’s a bank owned home, it needs some work to be perfect but the value is there. A quick check of comparable sales since September 1 brings the numbers in at approximately $254K low and $285K high for an average around $268K. That’s a difference of approximately $30K below where the market price for homes like this one sell. That’s a great deal in a great location.
Looking to purchase a home in Rocklin? Please give me a call, I’d be happy to help you make it happen. Click here.
Video Walkthrough of 5062 Concord Road in Rocklin
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Standard Pacific Homes, Monet At Diamond Creek, Roseville
November 28th, 2008 categories: Market Commentary, New Home Communities, Standard Pacific Homes, Roseville
Two Great Deals On New Homes in Roseville
I got an email from the Sales Consultants at Monet at Diamond Creek this week. They’ve just gotten two homes back from buyers who couldn’t close escrow with them and are offering them back to the open market at significant discounts.
The models are one plan 3, Dahlia, 2-4 bedrooms, 2.5 baths, 1,623 Sq. Ft. now priced at $285,000 with a $25,000 incentive if in contract by November 30 and closed by December 31st. The incentive can be used for financing, options or taken off the sales price
Or
The plan 4, Sunflower, 1750 Sq. Ft. 3 bdrm, plus Loft - 2 1/2 bath priced at $285,000 with a $25,000 incentive if in contract by November 30 and closed by December 31st. The incentive can be used for financing, options or taken off the sales price.
Both of these homes are fully upgraded with fantastic amenities and are really close to shopping, hiking, parks, the location is superb.
It’s important to have representation when buying a new home. Why? Click Here to find out.
Have questions? Please feel free to call or email me at your convenience.
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WARNING! That May Be Asbestos!
November 24th, 2008 categories: Real Estate Info
The Potential Health Risks of Renovating Homes in Sacramento
Right now in Sacramento real estate, many people are buying foreclosed homes, renovating them and either moving in or renting them out. The renovation of some of these homes could pose potential health risks for property owners especially if the home was constructed prior to 1980 and not previously renovated.
Recently, Chase Peterson from Asbestos.com contacted me to ask if I would post an article on my site warning people about the potential health risks associated with being exposed to asbestos that may not even be detected. As I feel this is an important issue and thought my readers could benefit from the information, here’s an article by Chase Peterson of Abestos.com.
Asbestos May Be Where You Least Expect It
There are many things to consider when purchasing and remodeling older homes in Sacramento. Homes built prior to 1980 may have a asbestos hazards that are not obvious. It is important to make sure the location has been tested for asbestos levels and any asbestos discovered be removed by abatement contractors. Exposure to asbestos fibers can pose serious health risks for you, your family and friends.
One Of The Most Common Health Hazards
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Shea Homes in Fiddyment Farms, Roseville
November 22nd, 2008 categories: Fiddyment Farms, Market Commentary
New Release @ Shadow Creek by Shea Homes
Shea has just released new homes for sale at Shadow Creek, Fiddyment Farms in Roseville. Fiddyment Farms is the development just to the north of the Westpark community on Fiddyment Road.
Fiddyment Farm offers a variety of choices - parks, sports fields, dedicated open space, an extensive trail system, three on-site schools as well as ample commercial and civic spaces.
They are offering homes that range in size from just under 2500 sq. ft. to as large as 3062 sq. ft. in this new release. 5 new homes have been released according to the information I just received. These homes are priced from $352K to $410K. I’m sure better prices on these homes can be negotiated. Call me if you’re interested in negotiating the best deal possible on a new home.
If you’re considering a new home in the Roseville communities of Westpark or Fiddyment Farms, it’s important to understand the importance of representation by a Realtor to help you navigate the stacks of paperwork the new home sales consultant will bombard you with. Know the 5 Reasons You Need a Realtor When Buying a New Home. I can help you get the best price for a new home in any area of the Sacramento area.
To contact me about purchasing a new or resale home, please click here.
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Eagle Brand Pumpkin Pie
November 20th, 2008 categories: Market Commentary, My Favorite....
A Family Tradition
In the late 80’s and early 90’s, I was a PGA golf professional at a little club in Salinas, California named Corral de Tierra Country Club. As I look back on my working life, it was probably the best job I’ve ever had. The membership was phenomenal, people from the agriculture business who were hard working and enjoyed life. The golf course, for my game at the time, was challenging, in great condition and I was able to play all I wanted. The Head Professional, Gerry, was tough to work for but as I look back on it now, he was a very positive influence on my life and I depended on him for advice years later. He’s a wonderful person. I believe he is still employed there in the same capacity today which, for the golf business, is simply unbelievable.
The pros they had in the past didn’t get along too well with the ladies club. Gerry was good with them but it seemed that I ended up with the Tuesday morning shift more often than the other guys. That was fine with me, the ladies club was odd at times but overall I loved the shift. I always made a big deal when any of them came in the shop and we had fun.
There was one lady in particular who took to me. Her name was Doris Davis and she had to be close to 80 years old when I worked there. She had a problem with one of the pros before me so she didn’t come into the pro shop much until the Tuesday morning shift was mine. Like a lot of the other ladies, every time she came in, I’d give her a big hello and a little hug, she loved it.
One year, I think it was 1988, we got to talking about Thanksgiving and I told her I always wanted to make pumpkin pie from scratch. Buy some pumpkins, boil them up and make pies. She lit up and said she had a great pumpkin pie recipe that would work and would I like it. I said that I would and she brought it in the next day. That was 20 years ago.
A Simple Pumpkin Pie
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Strikes Family Bowling - Rocklin
November 19th, 2008 categories: Community Events
Strikes Early Bird Special
My wife and son took advantage of this last Sunday as I was showing property. They said it was a very popular event and a very good value.
The special runs until 12/21/2008, on Saturday and Sunday from 9 to 11am. Games are $1.50 per game and $1.50 shoe rental if you need them. The arcade is also 1/2 off as well.
Coach’s Restaurant also prepares a fresh brunch on Sunday mornings from 11 a.m. - 3 p.m. The scones are promoted as being very good.
I’ve been to Strikes many times as it’s right around the corner from my home. I’ve always enjoyed myself there. The food at Coach’s is pub style and they have big screens everywhere. Watching a game there is always fun. They have a good beer selection as well.
Stop in if you’re into bowling. It’s a clean, fun and safe.
Happy Holidays!
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Sacramento Real Estate Investing
November 15th, 2008 categories: Market Commentary
Positive Cash Flow in Sacramento Rental Property
The market and time of year that we’re in brings investors out from everywhere. This is the best time of year to get a deal due to the normal seasonal slowdown.
I got this email from a friend who turned a recent purchase into positive cashflow.
Keep It In The Family
Brian writes, “My cousin works for a company and they are one of about 10 people that have access to buy directly at the courthouse auction. He’s down from Chico 4 days a week on the steps of the courthouse and has been buying anywhere from 2-4 homes a week in the lower price ranges. He said some they’ve simply rented a carpet shampooer, did some dusting themselves and had it back on the market within 24 hrs!! Others obviously need more work but there are tons of deals out there.
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