Real estate blog entries tagged with rancho cordova by Myrl Jeffcoat, Greater Sacramento Realtor - Retired

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rancho cordova: 36th Annual Event - "The Great Race" - 03/07/09 09:35 AM

Touted as The World's Oldest Triathlon, The Great Race will celebrate it's 36th year in 2009. Held along the scenic American River Parkway in Rancho Cordova and Sacramento Calfornia,This race features a unique run-bike-paddle competition with many divisions for both iron-persons, or a relay teams.When: Saturday, July 18th 2009The three legs of the triathlon Run 5.82 miles - Bike 12.5 miles - Paddle 6.35 milesPresented by Eppie's Great Race Foundation For more information and registration for the event follow this link: The Great Race*picture provided by sacbee.com
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rancho cordova: Things That Go Bump in the Night - Or What Do I Need to Disclose? - 08/18/08 01:36 PM

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rancho cordova: Free Credit Reports and Avoiding Scams that Surround Them - 08/15/08 03:16 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 is a toll-free number, mailing address, and a central website, which you can reach these the three companies mentioned above: http://www.annualcreditreport.com
It should also been known there are companies that claim to provide this free service. However, there is also and high incidence of questionable practices surrounding some of them. … (2 comments)

rancho cordova: A Winning Situation for First Time Buyers and Sellers - 08/14/08 12:56 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 first homes, had wished they could move up to larger homes, but were thwarted in doing so by a market that wouldn't easily accommodate the marketing of their present home.
For First Time Buyers, there are incentives and tax saving available. Those who purchase homes between April 9, 2008 and … (2 comments)

rancho cordova: Will Housing Experience a "Trump Lift"? - 08/13/08 12:17 AM

I was certainly glad to hear what Donald Trump had to say on yesterday's "Good Morning America" show, on ABC. It was just a year ago that 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 will have the next year for a historical opportunity to purchase homes. I couldn't help but wonder if Trump's comments would provide for housing, a "Trump Lift" - similar to the "Icahn … (11 comments)

rancho cordova: Looking for Hidden Treasure for a Down Payment - 08/04/08 06:42 PM

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 minute, and decided to poke around on the internet, looking for a website which might help a few Californians do just that - and go on a treasure hunt.

Some of you will recall news accountings about the State of California finally getting off their duffs, and trying to … (2 comments)

rancho cordova: The Once-in-a-Lifetime Rule - 08/02/08 12:54 AM

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 on home sales changed. If you live or dwell in the house for two of the five years before you sell, the IRS won't collect tax on sale profit of up to $250,000 if you're single or $500,000 if you and your spouse file a joint return. Currently the law rewards people who sell frequently. In … (4 comments)

rancho cordova: How to Handle a Default Notice - 07/31/08 05:19 PM

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 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 stating that they fell in to … (7 comments)

rancho cordova: Sierra Chapter of the American Red Cross Looking for Hometown Heroes - 07/28/08 03:57 PM

The Sacramento Sierra Chapter of the American Red Cross will take nominations now through August 18th for Hometown Heroes.There are 11 categories for nominee submission. Individuals or a a group who have shown courage, kindness and unselfish character by their act of heroism in the greater Sacramento community.Hometown Hero categories include:
Animal Rescue Hero Medical Professional Hero Education Hero Military Hero Good Samaritan - Adult Professional Rescuer Hero Good Samaritan - Senior Spirit of the Red Cross Good Samaritan - Youth Workplace Hero Law Enforcement Hero Go to the Sacramento Sierra Chapter's Web site for more information on how to send … (0 comments)

rancho cordova: Let's Work to Prevent Wild Fires, and Forest Fires - 07/28/08 06:59 AM

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 out of harm's way in other California fires.This time of year is the traditional time to get out and enjoy the great outdoors. Here in California we are blessed to exist among some of the most beautiful mountains and nature areas imaginable. I just want to add my voice to other voices … (2 comments)

rancho cordova: Interesting Resource on the Sacramento Bee Website - 07/27/08 02:28 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 communities.Check it out!
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rancho cordova: Congress Passes Housing Rescue Bill - 07/26/08 12:35 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 current monthly payments will be able to refinance with more affordable government-backed loans, rather than lose them to foreclosure. Fannie Mae and Freddie Mac will be provided a temporary financial lifeboat by this bill, and it tightens controls over them.Mortgage loan limits will see increased caps to $625,000 - on … (0 comments)

rancho cordova: Latest Statistics for 4 Counties - 07/24/08 06:38 PM

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 opportunity for those looking for homes.http://www.webstarmagic.com/gmac/stats_4_counties.htm
Here's the graphic for Sacramento. The link above is to graphics for all 4 counties.
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rancho cordova: Sacramento Area Local Museums & Attractions - 07/23/08 05:52 PM

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rancho cordova: Living the "Simple Life" in Amish Country - 07/22/08 05:47 PM

In early May I made a trip to Amish Country in Lancaster County, PA. And took a long buggy ride through the countryside. It was the fulfilment of a longtime dream. There was so much I learned about living the "simple life" that was interesting to ponder. For starters, consider this. We pay more than $4.00 a gallon for gas. But Daffy (the horse) only eats a little grain, and hay:-)
It was a long long way from California.

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rancho cordova: What was your first job and what did it teach you? - 07/18/08 12:29 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 in a little red wagon and sold them door-to-door in Rancho Cordova on Saturdays. It was tiring, but effective in fattening up our piggy banks. There were a lot of lessons learned from dragging that little wagon door-to-door. I learned that hard work, perseverance and a friendly smile really pay … (1 comments)

rancho cordova: Enjoying the Good Life - Working from Home - 07/14/08 01:44 AM

Saving Gas & Commute Time has certainly become of interest if not a necessity for many folks in recent months. Fortunately, this interest-necessity is happening when technology has progressed to a point to offer considerable independence and escape from the old idea that we needed to drive to a remote office in order to always conduct work or business.
Increasingly, more employees are choosing the option of working from home, or using a home office for a variety of reasons. In addition to the cost of gas, and unproductive commute time, there can be some other really desirable reasons. Consider one real … (8 comments)

rancho cordova: Sales Statistics for June - 07/11/08 05:16 PM

Here are the latest sales statistics for the month of June 2007 for single family homes (resales) and Condos/PUDs. These are for Sacramento County and the City of West Sacramento. This represent current month only. Last evening I blogged the graph demonstrating the last six months.
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rancho cordova: Sales Statistics for Last 6 Months - Sacramento County and City of West Sacramento - 07/10/08 05:30 PM

Here are the latest statistics for Sacramento County and the City of West Sacramento through the month of June 2008. We experienced a rise in the number of total listings in comparison to the month of May, while the number of new escrows remained near the same. The number of closed escrows continues to increase.

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rancho cordova: 2 Out Of 5 - 07/10/08 12:30 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 on home sales changed.If you live or dwell in the house for two of the five years before you sell, the IRS won't collect tax on sale profit of up to $250,000 if you're single or $500,000 if you and your spouse file a joint return. Currently the law rewards … (0 comments)

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