buying a home: The Energy Efficient Mortgage for FHA is Hot.. no, Cold.. it can be both with a new HVAC unit! - 06/26/09 07:11 PM
"What the heck is she talking about", you say? FHA has a killer loan "add-on" where you can save money by borrowing money to upgrade your heat and air unit, windows, insulation and other energy efficient products. It's pretty cool... (or hot, if you get a new heater!)
"So stop with the mumbo … (6 comments)
buying a home: Fair Oaks, California, Home Prices and Sales Activity (5/09) - 05/22/09 04:49 PM
It's been a wild ride for homes sales in Fair Oaks, California, but for 2 months in a row we have had huge increases in the number of sales.
Sales doubled in March over the preceeding month, from 18 to 38, then increased another 10% in April, to 41.
And all … (4 comments)
buying a home: Is This the Time to Buy a Home? What if Prices Come Down More? - 04/23/09 12:07 PM
Buyers are panicking at the moment. They are running out of homes to buy!
In Sacramento there is only 2.3 months of inventory under $300K (if buyers maintain their present rate of snapping up homes, we'll run out in 2.3 months).
In Fair Oaks it's not much better... 2.4 months to … (13 comments)
buying a home: Sacramento Area... On Sale and On Fire! - 04/06/09 02:34 PM
My broker, just returned from the Realty Alliance conference, which are the top 100 independent real estate brokers in the nation. Sacramento was the "talk of the town", apparently!
We are apparently giving the nation hope that we are turning the corner in this market, with our booming sales. We were … (5 comments)
buying a home: Interest rates and your home... THESE are the "good old days". - 03/23/09 10:07 AM
You've probably heard that interest rates are pretty good now... around 5% for a "30 year fixed". But check out what that means to you as a buyer. It's pretty shocking!
A $200K loan at 5% costs you $1,073 per month P&I (principle and interest)
If you want to keep that payment, here's … (10 comments)
If you missed buying a Fair Oaks home back in '02, those prices are back! After a high of $250/sf (per square foot) in August of '06, Fair Oaks prices have dropped approximately 38% to a stunning $155/sf. That is lower than the cost to build … (5 comments)
buying a home: The Loan Lock Shuffle... Now What Will You Do? - 03/19/09 10:29 AM
I just read that the Fed's actions today may cause mortgage interest rates to drop up to 1/4 or 1/2 point. Interesting dilemna for those in escrow who have already locked their loan. Do you stand by what you said, or weazle out because rates have changed?
When you lock your loan, you … (7 comments)
buying a home: How Do You Buy a Short Sale... But First, What is One? - 03/14/09 10:54 PM
Buying a short sale is very different than buying a bank foreclosure or from a regular seller. So first... what is it? A short sale is when the owner is "upside down" or owes more than the home is worth. In order to sell, he would need to bring cash to … (4 comments)
buying a home: Should you Inspect New Construction?... HECK YEAH! - 03/14/09 10:04 AM
It's tempting to save $400 - $1000 when you buy a brand new home by forgoing an independent inspection. "Heck, it's brand new... what could be wrong?"... Right?... Wrong!!!
A few years ago I sold a 2 million home in Los Lagos, Granite Bay. Simply beautiful... and built by a well … (9 comments)
buying a home: Halfplex vs. Duplex... What's the diff? - 03/04/09 03:22 PM
Halfplex... duplex... they both look the same. But there is a difference. It starts with the dirt. When you own a piece of land, it has a parcel number. Typically each home has it's own parcel number, which is it's lot. A Duplex... has one parcel number.... it is one whole … (5 comments)
buying a home: $15,000 Tax Credit - It's money in a buyer's pocket! - 02/09/09 05:36 PM
The Senate voted Wednesday night to give a tax break of up to $15,000 to homebuyers. The proposal would allow a tax credit of 10 percent of the value of new or existing purchased residences, up to a $15,000 limit. Current law provides for a $7,500 tax break for the purchase … (2 comments)
From the world of Fair Oaks Realtor, Sally Dunbar, who's been hoofin' it through the homes of Fair Oaks and the surrounding areas, matching up eager buyers with ready-to-move sellers, since 1979.
While my home base is in Fair Oaks, I venture in Sacramento, Carmichael, Citrus Heights, Orangevale, Rancho Cordova, Gold River, Folsom, El Dorado Hills, Roseville, Rocklin and Granite Bay...(and Chevron loves me!)
How have I survived for so long?... By always doing what's right for my people.... Always!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
"Wow, we found it... this is THE ONE. Now, my Dad says to always offer 5% less, my friend had to pay over full price, and I hear of bank foreclosures at fifty cents on the dollar. EEEHHHHHHH.... how am I supposed to know what to offer? After all, I don't … (10 comments)
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