placer: Short Sighted with Short Sales - 09/05/08 07:43 PM
An interesting statistic relayed by Metrolist today. Less than 15% of 'Short Sales' in the Sacramento, Placer, El Dorado, Yolo counties actually makes it to a closing!
Buyers need to be cautious about the amount of effort and emotion they invest in a Short Sale; or at least be forewarned.
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placer: Foreclosures Continue to Raise Spectre Over Greater Sacramento Area - 09/02/08 10:48 AM
According to a Sacramento Bee article written by Tony Bizjak on Sunday, the Sacramento area is still being hammered by foreclosures. According to Realtytrac, Inc., data demonstrates that one in every 145 households in Sacramento, El Dorado and Placer counties faced foreclosure in July. That represents 5,290 properties.
The percentage of
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placer: Numbers of Foreclosures continue to Hammer Greater Sacramento Area. - 09/02/08 10:43 AM
According to a Sacramento Bee article written by Tony Bizjak on Sunday, the Sacramento area is still being hammered by foreclosures. According to Realtytrac, Inc., data demonstrates that one in every 145 households in Sacramento, El Dorado and Placer counties faced foreclosure in July. That represents 5,290 properties.
The percentage of
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placer: The Third Annual Fair Oaks Chicken Festival - 08/31/08 11:17 PM
Have any of you local to Greater Sacramento, Placer, and El Dorado counties, heard about the Fair Oaks Chicken Festival? Old Fair Oaks Village has a population of chickens which pretty much rule the roost, and have the run of streets, shops, restaurants, and the park in the village. Their habitation of
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placer: Old Sacramento Hosting Gold Rush Days - 08/29/08 06:44 AM
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placer: As the California State Fair Ends, Old Sacramento Gold Rush Days Begin - 08/28/08 12:44 PM
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placer: The Housing Market Divided - 08/28/08 08:57 AM
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placer: Housing Market Hints of a Bottom - 08/26/08 11:04 PM
John Schoen reports on MSNBC that the housing market ‘hints of a bottom.' But cautions that falling prices lure more buyers but forecast clouded by weakened economy.Schoen goes on to write that in some regions at least, the market appears to be stabilizing as lower prices entice buyers to finally
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placer: A Housing Market Divided - 08/25/08 07:47 PM
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placer: Sales Statistics for 4 Counties (Sacramento, El Dorado, Placer, Yuba) July 2008 - 08/24/08 10:43 PM
Here are the Sales Statistics for 4 Counties through the Month of July 2008. In Sacramento County, the number of sales have considerably increased compared to the same month a year ago. In fact they show a 66.2% increase in numbers of sales. However, prices have declined by 33.8% for the same time
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placer: Sales Statistics for Sacramento - Month of July 2008 - 08/24/08 09:51 PM
Here are the Sales Statistics for Sacramento County through the Month of July 2008. The number of sales have considerably increased compared to the same month a year ago. In fact they show a 66.2% increase in numbers of sales. However, prices have declined by 33.8% for the same time frame. That
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placer: So You Think You are Ready to Buy a House - 08/23/08 11:14 PM
PRE-QUALIFICATION AND PRE-APPROVAL Many GreatWest GMAC home buyers searching for homes in the Greater Sacramento, Placer, El Dorado, and Yuba Sutter Counties, apply for a loan and obtain approval before they find the home they want to buy. Here's why?Pre-qualifying will help you in the following ways:1. Generally, interest rates are
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placer: Buffett Predicts Government will help Fannie and Freddie - 08/22/08 01:26 PM
In a report from MSNBC today, Warren Buffett predicted the federal government likely will eventually need to step in to help, because the troubles of Fannie Mae and Freddie Mac seem to be growing and feeding on themselves.
About half of the mortgage debt in the United States is held by Fannie
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placer: GreatWest GMAC Real Estate Welcomes New Associates - 08/22/08 02:14 AM
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placer: Legendary Sacramentan - Sherm Chavoor - 08/21/08 12:27 AM
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placer: Disclosing Those Things That Go Bump In The Night! - 08/17/08 10:36 PM
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placer: Statistical Data for the Month of July 2008 - 08/16/08 11:03 PM
The Sacramento Association of Realtors has released the July 2008 statistical data. The numbers demonstrate the continuing increase in numbers of sales compared to a year ago. Although, prices are considerably lower for the same time period. These statistics are very encouraging signs for the greater Sacramento Area.
July Summary http://www.sacrealtor.org/documents/about/statistics/July2008.pdf
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placer: How Swiftly Will It Come? - 08/15/08 11:35 PM
How swiftly will it come? Housing recoveries are often rapid.There is no question we are in a cool down of the real estate market here in the Greater Sacramento area, but let me explain to you what I think makes this cool down, or correction, so different than the melt down
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placer: Short Sale Questions and Answers - 08/15/08 10:23 AM
As homeowners grapple with declining home values, and in some instances, mortgage payments that have dramatically increased, GreatWest GMAC Real Estate professionals are increasingly be queried about Short Sales.Often a seller will become concerned because they are unable to make house payments, but do still have an ability to make all
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placer: Avoiding Scams Surrounding Free Credit Reports - 08/14/08 08:29 AM
Often when folks are readying themselves to buy homes, one of their first acts of readiness is to obtain their all important credit score. By law, consumer credit reporting companies, Experian, TransUnion, Equifax, are to provide you a free copy of your credit report, once a year, should you request it.There
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placer: A Winning Situation for First Time Buyers and Sellers - 08/14/08 07:56 AM
At the stroke of the pen during the President's recent signing of the Housing and Economic Recovery Act of 2008, opportunity arrived for First Time Buyers. But even beyond that - it is also good news for Sellers of entry-level houses as well. In recent months many folks dwelling in their
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placer: At the Stroke of the Pen - 08/13/08 11:19 PM
At the stroke of the pen during the President's recent signing of the Housing and Economic Recovery Act of 2008, opportunity arrived for First Time Buyers. But even beyond that - it is also good news for Sellers of entry-level houses as well. In recent months many folks dwelling in their
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placer: Handy Amortization Table - 08/13/08 07:04 AM
The following Amortization Table provides a way to figure payment on a loan, based on interest rate, and number of years, multiplied by the amount. The monthly payment is a factor (per each $1000. in Principle.
AMORTIZATION TABLEMonthly Payments (Per $1000 in Principal)-------------Years-----------
Courtesy of: Great West GMAC Real
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placer: Just A Year Ago! - 08/12/08 09:35 AM
It was just a year ago that Donald Trump did a segment on Larry King Live, speaking about Selling in an Upside Down Market. On ABC's Good Morning America Show today, he was interviewed by Diana Sawyer, and gave this encouraging advice, "Buy now, if you can."His prediction - That buyers
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placer: California State Fair Goes Hollywood! - 08/11/08 10:23 PM
Every Summer for 155 years, The California State Fair in Sacramento, draws folks from near and far. Cal Expo transforms itself into a place of amazing attractions, live entertainment, exciting exhibits, and an extraordinary Midway. The California State Fair of 2008 will begin on August 15th and run thru September
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placer: How to Find the Best Schools - 08/11/08 08:18 AM
Often home buyers will tell Great West GMAC Real Estate professionals they believe it is essential to move to a high-income neighborhood in order to facilitate having great schools for their children. However, many of the very best schools in this country are located in communities within moderate home prices, but
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placer: IMPROVING CREDIT TO QUALIFY FOR A NEW MORTGAGE - 08/09/08 08:53 PM
It isn't unusual for GreatWest GMAC Professionals to come across clients, who would like to purchase a home, but are a tad skinny on qualifying for a new mortgage. It is interesting to note that in fairly short order, a buyer can improve their finances enough to more readily allow for easier
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placer: What Are Discount Points - 08/08/08 04:20 AM
Often home buyers who are obtaining a mortgage for a newly purchased home, will ask their GreatWest GMAC Real Estate Professional, "What are points?"
The answer - Each point or discount point, as real estate professionals and mortgage lenders often refer to them, are equal to 1% of the loan
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placer: Tips for First-Time Homebuyers - 08/07/08 12:27 AM
10 Tips for First-Time Homebuyers
Be picky, but don't be unrealistic. There is no perfect home.
Do your homework before you start looking. Decide specifically what features you want in a home and which are most important to you.
Get your finances in order. Review your credit report and be sure
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placer: Finding Hidden Treasure While Looking for a Down Payment - 08/07/08 12:21 AM
A few days ago, a GreatWest Real Estate professional was trying to conjure some creative new ways for buyers of real estate to come up with extra cash for a down payment. While visiting with a neighbor, over the backyard fence, the neighbor exclaimed, "I'd need to go on a treasure hunt."The GreatWest agent thought
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placer: As Foreclosures Surge - Lenders Discount Prices - 08/06/08 06:45 AM
It is no secret that California has been especially hit in the current housing crisis. But opportunity for astute home-buyers, can arise when there is blood in the streets.Lenders are generally in the business of making loans to people, and are not in the business of owning real estate.While trying to
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placer: BUYING A GREEN HOUSE - 08/05/08 08:23 PM
Can you remember when buying a green house was meant for the purpose of housing a few special or beloved plants? However, increasingly the reason for buying a "green" house is understood to mean acquiring an energy efficient home for our families. The terms, "special" or "beloved" now describe the saved green
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placer: GreatWest GMAC Real Estate Welcomes Associates - 08/05/08 01:58 AM
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placer: Looking for Hidden Treasure for a Down Payment - 08/05/08 01:42 AM
Just this morning I was trying to conjure some creative new ways for buyers of real estate to come up with extra cash for a down payment. I was talking through the fence with a neighbor, who exclaimed, "I'd need to go on a treasure hunt."I thought about that for a
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placer: Pictures May be Worth Thousands of Words - But They Don't Replace Real Estate Agents - 08/04/08 06:57 AM
As many GreatWest GMAC Real Estate clients have learned in the last few years, technology and the Internet has dramatically empowered them in their quest to buy and sell real estate. There is a wealth of websites available, where buyers can conduct their own searches for homes. Many buyers (and sellers
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placer: Sales Statistics for Sacramento - El Dorado - Placer - Yuba - 08/04/08 06:52 AM
These are the sales statistics for the counties of Sacramento, El Dorado, Placer, and Yuba - through the month of June 2008 compared to the same month a year previous. The number of sales have improved considerably in Sacramento and Yuba counties. However, as evidenced by these statistics, prices are reduced for
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placer: California State Fair for 2008 - Coming Soon - 08/04/08 06:13 AM
The Cal Expo fairgrounds come alive every summer as the State Fair becomes a "city within a city" that hosts nearly one million visitors. Folks come from near and far for the memorable delights of this 155-year-old extravaganza that includes exciting exhibits, amazing attractions, live entertainment, and the Magnificent Midway.
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placer: If You Receive a Default Notice - 08/03/08 07:58 AM
Are you one of the homeowners that fell into an adjustable rate mortgage, and have received a default notice? A word to the wise - do not panic.Many homeowners panic first and think later. This leads to frustration and conflict, and can result in loss of money. Recent calls from homeowners
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placer: Lenders Discount Prices As Foreclosures Surge - 08/03/08 07:03 AM
It is no secret that California has been especially hit in the current housing crisis. But opportunity for astute home-buyers, can arise when there is blood in the streets.Lenders are generally in the business of making loans to people, and are not in the business of owning real estate.While trying to
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placer: GreatWest Real Estate Professionals Know - 08/02/08 08:39 AM
GreatWest GMAC Real Estate professionals know there hasn't been a buying opportunity in the housing market like what we are currently experiencing in a very long time.We also know many folks interested in buying a home are somewhat cash strapped for cash to use as a down payment, or closing costs.
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placer: How to Handle a Default Notice - 08/01/08 12:19 AM
Jarina Mohammed, an agent in one of our GreatWest GMAC offices, has performed quite a bit of research on trying to help folks that are threated with default on their homes. She has given permission to share what she has learned. . .It follows here:
Are you one of the homeowners that
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placer: President Bush Signed Housing Bill This Morning. - 07/30/08 11:54 AM
President Bush signed the housing bill this morning, ending any minor speculation that he in fact would!It is hoped the action will provide mortgage relief for 400,000 homeowners struggling to retain ownership of their homes. It is also hoped that it will assist in stabilizing financial markets.As reported by California Association
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placer: SELLING THAT IMMOVABLE OBJECT - THE LONG UNSOLD HOME - 07/29/08 12:46 AM
Is your home or property one which has sat on the market month after month? Are you pulling your hair out trying to explore the elusive reason your home continues to remain unsold?Well, the answer may not be as puzzling as you think. Professionals at Great West GMAC Real Estate know
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placer: Let's Work to Prevent Wild Fires, and Forest Fires - 07/28/08 01:59 PM
As we all know, California has had more than its share of tragic wildfires this year. Thus far, I've had a grandson, who along with 400 other Boy Scouts were evacuated from their camp near Butte Canyon a couple weeks back. I've had 2 friends, who needed to leave their homes and get
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placer: Interesting Resource on the Sacramento Bee Website - 07/27/08 09:28 PM
The Sacramento Bee has an interesting resource on their website at: http://ssl.sacbee.com/onboard/community.htmlYou can input a zipcode, and receive the demographics for the number of Home sales, population, households, crime and even the weather.I input several of the Sacramento area zipcodes, and was surprised by many of the statistics for the various
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placer: Congress Passes Housing Rescue Bill - 07/26/08 07:35 PM
It appears Congress has passed a housing rescue bill today hopefully saving 400,000 struggling homeowners from foreclosure. Although President Bush had originally threatened to veto such a bill, he is expected to sign this measure quickly.The legislation was passed by the Senate vote of 72-13.Homeowners, who are unable to afford their
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placer: Latest Statistics for 4 Counties - 07/25/08 01:38 AM
Here are the latest statistics for 4 counties (Sacramento, El Dorado, Placer, Yuba) through June. As you can see by the graphic, the number of sales is up 51.2% over what they were a year ago in June. However, the prices are down 31.7% It continues to be a wonderful buying
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placer: Sacramento Area Local Museums & Attractions - 07/24/08 12:52 AM
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placer: Latest Statistics by Zipcode - Month of June - 07/19/08 04:03 PM
Here are the latest statistics by zipcode for Sacramento, and the Surrounding Areas of Sacramento County. This data is through the month of June. The number of sales continues to improve dramatically from a year ago. However, prices are substantially lower for the same time period. There is considerably more buyer interest than June of
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placer: What was your first job and what did it teach you? - 07/18/08 07:29 AM
Awhile back, my daughter, Jill was asked by her employer, "What was your first job and what did it teach you?" This is what she wrote:When I was about five years old my brother, sister, and I picked up walnuts from the back yard. We weighed and bagged them, put them
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placer: Helping clients cope with the media - 07/15/08 08:27 PM
Is it me or is the media trying to single me out and make me look like a fool. I am telling my clients local stats and showing charts and graphs about how the local market is moving and then BANG!!! All the media outlets are touting the latest statistic about
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placer: Business Directory - 07/11/08 11:47 PM
I am growing my business but I want more. I want to be #1. I want to be #1 in my town, county and region, But at what cost? Do I want to sacrifice my commitment to my clients, to my friends or to my family? Of course I don't. In
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placer: 2 Out Of 5 - 07/10/08 07:30 AM
The 2 out of 5 rule Often GreatWest GMAC Real Estate professionals will be asked by home buyers if home sellers age 55 or older were still allowed a once-in-a-lifetime tax exemption of up to $125,000 in sale profit. That is no longer true. On May 7, 1997, the tax law
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placer: Dueling Real Estate Trends - 07/09/08 01:27 AM
Great West GMAC Real Estate professionals are sometimes asked by clients to answer questions regarding what is trendy in housing. Or they will ask, "Are we going big, or moving smaller?"
In a recent quest to track information on real estate statistics and trends, Sami Siddiqui, broker for Great West GMAC
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placer: Using the Miraculous to Sell Your Home - 07/08/08 07:38 AM
Selling Your Home Using the Miraculous
It isn't uncommon to hear about the long unsold house, which may have had offers fall through, but finally manages to make its way into escrow, and become sold. Still other properties, which by all logic ought to be on the market for an extended
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placer: Finding the Great Schools - 07/07/08 07:00 AM
Often home buyers will tell Great West GMAC Real Estate professionals they believe it is essential to move to a high-income neighborhood in order to facilitate having great schools for their children. However, many of the very best schools in this country are located in communities within moderate home prices, but
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placer: How to Go on Vacation - While Saving for a Down Payment - 07/06/08 06:31 AM
GreatWest GMAC Real Estate professionals know there hasn't been a buying opportunity in the housing market like what we are currently experiencing in a very long time.
We also know many folks interested in buying a home are somewhat cash strapped for cash to use as a down payment, or closing
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placer: 10 Steps to Prepare for Homebuying - 07/05/08 06:55 AM
(1) Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.
(2) Develop a wish list of what you'd like your home to have. Then prioritize the features on your list.
(3) Select three or four
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placer: Answers to Questions Regarding "Short-Sales" - 07/04/08 06:04 AM
As homeowners grapple with declining home values, and in some instances, mortgage payments that have dramatically increased, GreatWest GMAC Real Estate professionals are increasingly be queried about Short Sales.
Often a seller will become concerned because they are unable to make house payments, but do still have an ability to make
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placer: What are Discount Points - 07/02/08 06:33 AM
Often home buyers who are obtaining a mortgage for a newly purchased home, will ask their GreatWest GMAC Real Estate Professional, "What are points?"
The answer - Each point or discount point, as real estate professionals and mortgage lenders often refer to them, are equal to 1% of the loan
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placer: Sacramento Area Attractions - 07/01/08 09:55 AM
Courtesy of: Myrl Jeffcoat, RealtorGreatWest GMAC Realty 3604 Fair Oaks Boulevard, #120Sacramento, California 95864916-635-0420
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placer: What Do I Need to Disclose? - 06/30/08 12:26 PM
Often, when GreatWest GMAC Real Estate professionals sit down with a Seller, the Seller will ask - "What do I need to disclose, when selling my house?"
Or - they will be more specific, "Must I disclose the real reason I'm selling my home is because of noisy and obnoxious neighbors?"
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placer: How to Improve Credit to Qualify for a New Mortgage - 06/29/08 07:19 AM
IMPROVING CREDIT TO QUALIFY FOR A NEW MORTGAGE
It isn't unusual for GreatWest GMAC Professionals to come across clients, who would like to purchase a home, but are a tad skinny on qualifying for a new mortgage.
It is interesting to note that in fairly short order, a buyer can improve
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placer: Cheap Gas on the Net - 06/28/08 01:20 AM
I was doing a little exploring on the internet while looking for the cheapest gas to fill up the car. There are several resources available which may help you as well.
Here are a few that I found:
Gasbuddy.com (by state and province):
http://www.gasbuddy.com/GB_StateList.aspx
Internet Auto Guide (cheap gas near you):
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placer: Amortization Table - 06/27/08 07:33 AM
Here's a little amortization schedule. It's not as sophisticated at many calculators that are available on-line, but it can be printed off, and easily carried in a wallet, or purse.
AMORTIZATION TABLEMonthly Payments (Per $1000 in Principal)-------------Years------------
Courtesy of: Myrl Jeffcoat, RealtorGreatWest GMAC Realty 3604 Fair Oaks Boulevard, #120Sacramento, California 95864916-635-0420
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placer: SHORT SALES!!!! - 06/27/08 03:40 AM
SHORT SALES!!! I don't know about the rest of the country but in the Sacramento Region there are plenty here. The latest information is showing that only 1 in 5 are actually closing and the ones that do close are anything but easy. As a rule I try to avoid them. Honestly
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placer: Sales Stats for El Dorado & Placer Counties - 06/26/08 06:50 AM
Here are the latest Sales Statistics for El Dorado & Placer counties through the month of May. They reflect numbers of sales for May 2008 as opposed to May 2007, and also for April 2008 vs. April 2007.
For El Dorado County, the numer of sales is slightly down from a year ago,
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placer: What's Up With Reverse Mortgages? - 06/24/08 10:10 PM
Not long ago, a GreatWest Real Estate professional lamented, that after being in the business of selling homes to folks for a couple of decades, something was beginning to happen. The agent was noticing more and more of those "kids" they had sold homes to in the early 1980's were ringing
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placer: Hlding Title in California - 06/23/08 11:46 PM
One of the decisions that you will be asked to make as you are completing the purchase of a property, is how you are going to hold title to the property (the vesting). The vesting will appear on the Deed of Trust and the Grant Deed, which are recorded documents. Usually,
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placer: 5 Common First-Time Homebuyer Mistakes - 06/19/08 05:35 PM
5 Common First-Time Homebuyer Mistakes
They don't ask enough questions of their lender and miss out on the best deal.
They don't act quickly enough to make a decision and someone else buys the house.
They don't find the right real estate professional who is willing to help you through the
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placer: 7 Reasons For Owning Your Own Home - 06/14/08 04:10 PM
Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home.
Gains. Between 1998 and 2002, national home prices increased at an average of 5.4 percent annually. And while there's no
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placer: Yippee, the Sacramento Market is Coming Back! - 05/29/08 01:28 PM
If you were waiting for the "bottom", here we are.
"Bring you pink slip and your check book" the radio ad would blare. That was to signal that when you went shopping, you needed to be prepared to buy.
So it is for Sacramento buyers this spring. Once the temperature hit
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placer: This Summer- Fire Safe your Home - 05/20/08 12:03 PM
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placer: Finding the Best and the Greatest Schools - 05/11/08 12:01 AM
Often home buyers will tell Great West GMAC Real Estate professionals they believe it is essential to move to a high-income neighborhood in order to facilitate having great schools for their children. However, many of the very best schools in this country are located in communities within moderate home prices, but
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placer: Placer, Sacramento, El Dorado County Farmer's Market Schudule - 05/05/08 02:46 PM
Do you have memories of growing up and eating out of your home grown garden? I especially remember the smell of fresh grown tomatoes after picking them, sprinkling a little salt on them, and taking a big juicy bite! Now we can enjoy all the benefits of fresh locally grown fruits and
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placer: Helpful Hints to Sell Your Home - 05/04/08 08:04 PM
It is important to look at your home as if you were a potential buyer. The following is a list of suggestions that will help you focus your efforts to present your home in the best possible manner. (1) The Exterior Lawn - The yard should be neatly mowed, raked and edged. Trees/Shrubs
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placer: Home Repairs You Can Do! - 05/02/08 09:21 AM
information from: Lou Manfredini's web site at http://www.housesmartstv.com/ Is that leaky toilet driving you crazy? How about that carpet stain that hits you right between the eyes every time you walk into the room? If your "To Do" list is getting too long, TODAY contributor and do-it-yourself expert Lou Manfredini has five
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placer: using money to make money - 05/01/08 11:44 AM
I know far too well what last year did to my finances. I have been doing much better this year as far as selling real estate is concerned. I truly dont like the feast or famine aspect of how I have been running my business. But I have started to implement
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placer: How to Sell Your Home in a Market Laden With Foreclosures - 04/30/08 06:53 PM
Most home sellers in Northern California, understand this isn't a joyous time to be marketing property. Foreclosure numbers continue to rise, and are causing distress for sellers not in the same financial crisis as some homeowners, who are either trying to weather dramatically increased mortgage payments, while finding themselves owing more
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placer: Selling Your House With a Sex Offender Next Door - 04/29/08 11:18 AM
Real Estate Adviser by Steve McLinden · Bankrate.com [Question]: Dear Real Estate Adviser, How do you deal with the presence of a registered sex offender living next door when you put your home on the market? -- C.B. [Answer]: Dear C.B., That's a good question and one that's been the subject of some debate
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placer: Options For Holding Title to Real Estate in California - 04/28/08 04:05 AM
One of the decisions that you will be asked to make as you are completing the purchase of a property, is how you are going to hold title to the property (the vesting). The vesting will appear on the Deed of Trust and the Grant Deed, which are recorded documents. Usually,
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placer: GMAC Real Estate to Provide Agents with Enterprise-Level Marketing Solutions - 04/27/08 07:41 AM
RISMEDIA, April 22, 2008-GMAC Real Estate announced the creation of Market Advantage, a private-label marketing tool and print fulfillment service built in conjunction with Denver based SharperAgent and the world's premier print and related services provider, RR Donnelley. According to the company, Market Advantage combines SharperAgent's eCustomer Relationship Manager (eCRM) and RR
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placer: How Much of a Mortgage Can I Afford? - 04/26/08 07:55 AM
Home ownership not only provides a great shelter for you at tax time. If you are in a higher income bracket that shelter can become even more valuable to you. It can also make good financial sense. So, you may be asking, "How much of a mortgage payment can I afford?" Rent:_____________________ Multiplier:
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placer: Latest Sales Statistics for 4 Counties - 04/25/08 09:06 AM
A few days ago, I posted the latest sales statistics for Sacramento County, as well as surrounding areas -compiled by zipcode. Here are the Latest Sales Statistics for 4 Counties (Sacramento, El Dorado, Placer, Yuba). Related Links: http://www.webstarmagic.com/gmac/stats_4_counties.htm For those, who missed the Sales by Zipcode data a few days ago, here's the
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placer: 10 Things to Take the Trauma Out of Home buying - 04/24/08 07:18 PM
1. Find a real estate professional who's simpatico. Home buying is not only a big financial commitment, but also an emotional one. It's critical that the practitioner you choose is both skilled and a good fit with your personality.2. Remember, there's no "right" time to buy, any more than there's a
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placer: What Are Discount Points? - 04/23/08 08:09 PM
Often home buyers who are obtaining a mortgage for a newly purchased home, will ask their GreatWest GMAC Real Estate Professional, "What are points?" The answer - Each point or discount point, as real estate professionals and mortgage lenders often refer to them, are equal to 1% of the loan amount.
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placer: What Your Home Inspection Should Cover What Your Home Inspection Should Cover - 04/22/08 07:16 PM
1. Siding: Look for dents or buckling2. Foundations: Look for cracks or water seepage3. Exterior Brick: Look for cracked bricks or mortar pulling away from bricks4. Insulation: Look for condition, adequate rating for climate5. Doors and Windows: Look for loose or tight fits, condition of locks, condition of weatherstripping6. Roof: Look
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placer: Latest Sales Statistics for Sacramento and Surrounding Areas by zipcode - 04/21/08 09:54 AM
Here are the latest sales statistics by zipcode, for Sacramento and surrounding areas. Areas covered include all of Sacramento County, Woodland, Yolo, Placer, El Dorado, Roseville, El Dorado Hills, Cameron Park, Wilton, Folsom, Rancho Cordova, Fair Oaks, Orangevale, Citrus Heights, Galt. These sales statistics represent residential sales for the month of March
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placer: SELLING THAT IMMOVABLE OBJECT - THE LONG UNSOLD HOME - 04/20/08 11:00 AM
Is your home or property one which has sat on the market month after month? Are you pulling your hair out trying to explore the elusive reason your home continues to remain unsold?Well, the answer may not be as puzzling as you think. Professionals at Great West GMAC Real Estate know
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placer: Will it be faster than smoke through a keyhole? - 04/19/08 10:38 AM
Will it be faster than smoke through a keyhole? Housing recoveries are often rapid.There is no question we are in a cool down of the real estate market here in the Greater Sacramento area, but let me explain to you what I think makes this cool down, or correction, so different
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placer: Finding the Best and Greatest Schools - 04/18/08 10:15 PM
Often home buyers will tell Great West GMAC Real Estate professionals they believe it is essential to move to a high-income neighborhood in order to facilitate having great schools for their children. However, many of the very best schools in this country are located in communities within moderate home prices, but
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placer: The 2 out of 5 Rule - 04/16/08 02:03 PM
The 2 out of 5 rule Often GreatWest GMAC Real Estate professionals will be asked by home buyers if home sellers age 55 or older were still allowed a once-in-a-lifetime tax exemption of up to $125,000 in sale profit. That is no longer true. On May 7, 1997, the tax law
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placer: Number of Listings going to Pending vs. New Listings - 04/14/08 10:07 PM
I was somewhat encouraged to note the number of listings going to pending was a bit closer to the number newly listed on the 24 Hour Watch here in Sacramento for April 11th. In recent months we were lucky to see 50% going to pending, to the number newsly listed. The number of Price
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placer: A Couple Questions & Answers Regarding “Short Sales” - 04/11/08 08:22 PM
As homeowners grapple with declining home values, and in some instances, mortgage payments that have dramatically increased, GreatWest GMAC Real Estate professionals are increasingly be queried about Short Sales.Often a seller will become concerned because they are unable to make house payments, but do still have an ability to make all
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placer: Improving Credit to Qualify for a New Mortgage - 04/09/08 08:16 AM
It isn't unusual for GreatWest GMAC Professionals to come across clients, who would like to purchase a home, but are a tad skinny on qualifying for a new mortgage. It is interesting to note that in fairly short order, a buyer can improve their finances enough to more readily allow for
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placer: Every Year at this Time - 04/05/08 12:09 AM
Every year at this time, folks have the feeling there is a little more in the air than love. Perhaps it's the anticipation of another sharp pointed projectile aimed in our direction. This ‘other' feeling isn't coming from the warm caring feelings of one near and dear to us with
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placer: Latest Sales Statistics for 4 Counties - Sacramento, Placer, El Dorado, Yuba - 04/01/08 09:41 PM
Here's a link to the latest Sales Statistics for 4 Counties in California (Sacramento, Placer, El Dorado, Yuba).
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placer: Dueling Trends - 03/30/08 01:32 PM
Great West GMAC Real Estate professionals are sometimes asked by clients to answer questions regarding what is trendy in housing. Or they will ask, "Are we going big, or moving smaller?" In a recent quest to track information on real estate statistics and trends, Sami Siddiqui, broker for Great West GMAC
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placer: Farmers Market Guide for Sacramento, Placer and El Dorado Counties - 03/28/08 09:30 PM
Just a quick link to the farmers market guide for the Sacramento, Placer and El Dorado county regions. This single page will give you the time, season and location for the major farmers markets so you can take a day and enjoy the fresh produce and local fare available in this
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placer: THE GREAT DIVIDE - 03/26/08 10:11 PM
A few days ago, we posted about bidding wars going on in the arena of homes, which were priced well, and in good condition; much of this activity being fed by the CAL FHA First Time Buyer program.While blogging we have been provided with really interesting comments from real estate professionals
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