buyers: I SO FEEL FOR DESPERATE BUYERS - 03/08/15 04:57 AM
I recently received a phone call from a woman who had read an ad for a listing I have.  I had to tell her it was already sold, and explained that I have to turn in the ad 30 days before it comes out.  It had sold 3 days after it came on the market with multiple buyers and over the asking price.
Her immediate reaction was from the gut and frustration.  "What do I have to do to get a home?"  I felt so badly for her, because I have buyers experiencing the same issue.  There isn't a perfect answer. … (8 comments)

buyers: LENDERS CAN MAKE OR BREAK AN ESCROW - 03/01/15 09:33 AM
When you are considering purchasing a home, there are two key factors that can make or break your experience. 
The first is your Realtor.  This should be a person you connect with and trust implicitly.  They should be a person who knows the neighborhood in which you want to live.  While you might have a good friend or relative who is a Realtor, they may not be the best person to use as your representative.  Be sure you use a Realtor.  This is a person who is held to a higher standard by the Code of Ethics and can be fined, … (1 comments)

buyers: THE CHALLENGES OF A RQUEST FOR REPAIRS - 06/10/14 10:09 AM
I am teaching a class tonight on how to approach a Request for Repairs.  The wonderful thing about taking on these kinds of endeavors is that it forces the teacher to brush up on the subject.  I read some of my peers opinions as well as some well known websites.  Each one gave some great insight.  However, I thought it might be advantageous to combine them to one person's opinion of all aspects of this challenge.
First and foremost, this is almost all about managing expectations.  For both buyers and sellers, I have my "spiel" fairly well thought out (as well … (3 comments)

buyers: THE DETAILS...A FOLLOW-UP REGARDING THE PACE LOANS - 11/12/13 07:39 AM
Last week I wrote a blog about the PACE program.  Today I was fortunate to hear a speaker that represents one of the companies that offer this type of program.  The company is known as Ygrene (Energy spelled backwards).  I
 
For those of you who are not familiar with this program, it offers a loan to do energy improvements to your home.  The difference is that the loan is paid back via your property taxes.  In other words, the loan does not stay with the borrower, but with the property.
 
I thought you might like to learn a … (0 comments)

buyers: PACE Programs Getting a Fooothold in California - Buyers Beware - 11/04/13 05:51 AM
The PACE Program (Property Assessed Clean Energy) was first developed in Berkeley, California in 2008.  It's intent was to help Berkeley achieve the Bay Area's climate goals.  Since 2008, 30 states and the District of Columbia have passed laws to allow for PACE financing programs.
The program hit a substantial roadblock when Federal Housing Finance Agency along with Fannie Mae and Freddie Mac declined to back mortgages with PACE liens on them.  The reasoning was that these types of loans become senior liens over any other liens on the property.
The intent of these types of loans is admirable.  They have been created … (1 comments)

buyers: BUYERS - BE PREPARED - 07/18/12 10:04 AM
This real estate market is not for the faint of heart.  Competition has made negotiating an art form.  If you are considering purchasing a home, be certain that you approach your purchase with every possible bit of ammunition you can muster. Here is a list of the "must have's" in this market:
An experienced REALTOR An experienced REALTOR An experienced REALTOR A lender who is responsive and knowledgeable...this does NOT necessarily mean your best friend or your uncle. The very best loan for which you can qualify.  FHA, while wonderful, is the first offer to be eliminated in a multiple offer situation.  … (5 comments)

buyers: HOT SACRAMENTO REAL ESTATE MARKET - 06/01/12 02:02 AM
Diane and Bill are going out to their favorite Sacramento restaurant to celebrate.  Months ago they made the exciting and scary decision to purchase their first home.  They researched the process for purchasing in the Sacramento real estate market and discovered that first, they had to get prequalified to be certain they could qualify for that perfect home and could give a letter reflecting this to the seller when they made their offer.  Then, after talking to friends and family, they interviewed several Realtors, settling on one that they felt they could trust and, at the same time, one that they … (0 comments)

buyers: I AM SO HAPPY TO LOSE SO MUCH BUSINESS! - 11/11/11 03:54 PM
These times can test ones priorities.  Are we here for our clients or for ourselves? 
I don't think, in the 16 years I have been a Realtor, I have ever had such an on again-off again year.   I would feel really awful if it was due to some action I took, but it wasn't.  It was because my clients had good news that prevented them from completing their real estate transaction. 
They were remodeling the home of their dreams.  It was going to be their last house...their retirement home.  It had acreage to grow grapes.  It had space to continue their … (7 comments)

buyers: SIMPLY PUT....COMMIT - 07/30/11 06:57 AM
How many times have the words "It's a great time to buy" been said?  More than any of us can fathom.  Is it true?  For those who are considering purchasing, the answer is a resounding "YES". 
Having said this, if the decision is to purchase, then commit to it.  Put your heart and soul into it. 
Prequalify with a reputable lender first.  If you don't do this first, you are not committed because you have no idea what price range you are in...and don't trust on-line qualifying programs.  Next, interview and retain a Realtor to represent you.  If you don't do … (4 comments)

buyers: JUST THROW YOUR HANDS IN THE AIR...HERE COMES THE ROCK AND HARD PLACE! - 05/31/11 06:42 AM
In a New York Times article today, a gentleman was quoted as saying "I have flirted with buying again many times over the past few years.  Let's face it; people are not rational creatures." It goes on to say "But he always resists, figuring housing is still overpriced, and even when it stops declining it will stumble along the bottom for years and years. He says there is plenty of time to get back in if he should ever want to."
At the same time, a summary of the recent California Association of Realtors Board of Directors 531st session paints a new reality … (5 comments)

buyers: THE LAWSUIT IS IN THE DETAILS - 01/19/11 12:23 PM
With the voluminous paperwork created in any escrow, it is easy to miss the little things....and the little things can cost exhorbitant amounts of money.  Here are a few things you may want to check:
Does your fax machine and computer have the right day and time?
This becomes vital when 2 contracts come in and you need to prove which one came in first.  It also will become vital when you need to prove you sent something in a timely manner.
Did you date and time your Agency disclosure?
By law, you must have a signature on your agency disclosure … (5 comments)

buyers: TAKE ADVANTAGE OF YOUR REALTOR - 01/16/11 04:30 AM
We are here to be used and taken advantage of...the moment you decide that you want us to represent you.
There is an assumption among Realtors that if you have decided to have representation...and even better yet, have us represent you, then you felt that you did not have the expertise to accomplish the task at hand on your own.  This being the case, the next step would be to trust that with our fiduciary responsibility to you, we are giving you the very best advice for your situation.
For example, if you tell your Realtor that you want to low ball … (5 comments)

buyers: BUYERS...HERE IS THE BEST DEAL GOING! - 09/08/10 03:25 PM
When you decided it was time to own a home of your own, did it seem completely overwhelming?  According to a 2009 survey, 90% of all buyers started their process by going on the Internet.  On average, you looked at 12 homes over a 3 month period.  Your favorite method was the Internet, with a real estate agent coming next and the third most popular was signage. All other methods dropped dramatically after these 3.
I sincerely believe that there is a better, more efficient way to find your dream home.  There is a way to easily learn the process and … (1 comments)

buyers: DYI IS NOT FOR REAL ESTATE! - 04/01/10 04:35 PM
The conversation started something like this:"Hi! I met you at an event last year. I had been considering buying investment property and decided that I could save money by getting my real estate license. I just received my license from the Department of Real Estate and wondered what do I need to do now? I know that I have to pay $245 to the Department of Real Estate, but I wondered if there is a way to not have to to that." It was such an overwelming, under-informed question that I didn't know where to start."If you have not hung it … (11 comments)

buyers: RECOVERY IS A MISNOMER - 01/19/10 07:21 AM
We are hearing the whispers "The housing market is recovering"!   In our area, we believe this to be particularly true.  Sacramento was one of the first to feel the meltdown, so naturally, we would be one of the first to see some hope of recovery. 
Now the question becomes, what, exactly, does the word "recovery" mean?  Evidently, the answer to this depends on your perspective and the amount of optimism you choose to insert into the equation.
Buyers see this as a possible loss of power.  As the housing market grows in strength, it may be assumed that buyers will see a … (10 comments)

buyers: SOLD QUICKLY AT FULL PRICE...DARN IT!!!! - 11/07/09 05:27 AM
When setting a listing price for a home, accurate information and evaluation of that information is critical.  The nuances of the neighborhood, knowledge of the comparable properties, current issues facing homeowners and buyers all come into play when setting a market value of a property.  Realtorscarry on a thorough discussion with their sellers, explaining all of the factors that affect their home's value.  The discussion can take the tact of why the property is worth more than the sellers thought, but more often than not, the Realtor is explaining why it isn't valued at the same amount that the sellers thought.  … (10 comments)

buyers: FANNIE MAE GUIDELINES TIGHTEN - 10/05/09 09:42 AM
As the real estate and related industries change with continuing legislation, we are continually experiencing a tightening up of the lending institutions.  Fannie Mae has just issued their latest guidelines which will be implimented the week of December 12th.
A buyer will now be required to have a minimum of a 620 credit score, with few exceptions. Relating  to private mortgage insurance, homeowners whose  LTV exceeds 80% of the value of their property will be asked to choose between a higher MIP premium month to month or pay a one time fee at the time of recording. Ratios exceeding 45% will no … (8 comments)

buyers: THE EPIC ECONOMIC SAGA - 03/03/09 03:27 PM
Do you want the good news or bad news first?  Personally, I like to end it on a high note, so, since I really can't take a pole on what you want, I will start with the "uglies".
Home prices have fallen a record eight consecutive quarters. United States homeowners have lost a cumulative $3.3 TRILLION in home values last year, a good portion of that in the fourth quarter of 2008 ($1.4 TRILLION). Foreclosures in 2008 were almost 20% of all closed transactions. The latest surge in refinancing has almost been reversed as a result of pressure on mortgage rates. … (2 comments)

 
Paula Swayne, Realtor-Land Park, East Sac & Curtis Park -Dunniga (Dunnigan, Realtors, Sacramento   (916) 425-9715) Rainmaker large

Paula Swayne

Realtor-Land Park, East Sac & Curtis Park -Dunniga

Sacramento, CA

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Dunnigan, Realtors, Sacramento (916) 425-9715

Address: 4215 Freeport Blvd, Sacramento, CA, 95822

Mobile: (916) 425-9715

Fax: (916) -329-1501

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