New Listing in Galt

1159 Park Terrace Drive – Galt (95632): Located in a great neighborhood just minutes off the highway this 4 bedroom, 2 bath home shows the pride of ownership. Built in 1997 this home has almost 1,600 square feet of living space and features a large and spacious great room which is perfect of entertaining or a quiet night at home. More Information & Virtual Tour – Photos

Offered at $269,900

New Elk Grove Listing

6342 Laguna Mirage Lane – Elk Grove (95758):

Located in the desirable Laguna Mirage gated subdivision this two story townhome has 3 bedrooms and 3 bathrooms in over 1,300 square feet of living space. Walk into the large open great room with second story ceiling and you get an immediate feeling of light and space. There is a downstairs bedroom and full bath for guests and the large master and private bath are upstairs. The house is located on a nice corner lot and has a large backyard with patio, perfect for entertaining or a quiet evening at home. Laguna Mirage is a quiet gated community in the heart of Laguna and features daily security patrols, a sparking pool and plenty of parking for guests. (More Information)

Offered at $199,900

Holidays and Mortgages

December has arrived with rain and the prospects for a busy holiday season. We have my sister, Lynn, arriving from Anchorage for a “shopping” visit this week, we still have a tree to get and decorate and, as you all know, the list goes on and on.

Last week, my weekly local real real estate column, “Can You Get a Mortgage?” had some interesting facts about what is going on in the lending community and how getting a loan for a new house may be getting easier. Check it out and let me know what you think.

New Orangevale Listing

7516 Hickory Avenue – Orangevale (95662):  Beautiful move-in ready home in the heart of Orangevale – quiet side of Hickory Ave.  Very functional and remodeled 3/2 home with a 880 sq ft 4 car, drive through garage that was built in 2012.  Tons of upgrades! This well loved home was updated for a forever home – nothing was spared!    Links: More Information Virtual Tour

Offered by Karen Goodwin at $334,500    

Must be the water!

Over the past month we have been struggling to buy a home for one of our clients in Elk Grove. He is a first time buyer but financially strong and not a picky buyer. Almost every time we have gone out looking at homes he finds one he likes and we write an offer. Our offers have been reasonable, generally offering below the asking price but nowhere near “low ball.” There is no shortage of homes on the market in Elk Grove and buyers should expect to have some negotiating strength.

To make a very long story short we have been unsuccessful. We have had three offers countered not only at the asking price but asking for our buyer to cover costs traditionally paid for by the seller. In one case we were unable to come to terms because the seller wanted a long escrow and then an 60-day rent back. We tried to verbally negotiate with one agent but that failed because she could not communicate with her client without something written. Our last offer, on a great small home which showed like new, looked solid until the agent disappeared for 4 days and found a cash buyer.

It is hard to believe the Elk Grove remains a seller’s market while the rest of the Sacramento area is more favorable to buyers. It must be the water there!

By the way, check out my weekly column, “California Housing Market; 2015Forcast,” over at Rocklin & Roseville Today or Sacramento Today.

Newcastle Listing on 3.8 Acres

2130 Twyla Lane – Newcastle 95658:  Here it is, a great 3-bedroom/3 full bath home on 3.8 beautiful acres with year round stream and pond in Newcastle. Live the life you have dreamed of and still be within minutes of the big city. Links: Virtual Tour
More Information
Photos 

Offered by Julie Jalone at $574,900

Coming Soon in Newcastle

We have great new listing coming up later this month in Newcastle. It is a wonderfully upgraded home on almost 4 acres with its own year round stream and pond. Check it out here and let me know if you or someone you know would like more details.

New Townhome Listing in Citrus Heights

6373 Wexford Circle – Citrus Heights 95621:  Great hard to find 3 bedroom condo in the desirable Greenback Townhomes of Citrus Heights,  With over 1,300 square feet of living space this home features a beautifully remodeled kitchen and bathrooms.  The large living area has laminate newer laminate flooring and the kitchen dining area have 18 inch custom tile floors. Links: Virtual TourMore InformationPhotos 

Offered at $155,000

Tired of renting but can’t buy now?

If you have been reading my blog, you know over the past several years I have been saying lenders will develop loan programs to help those financially responsible people who, through no fault of their own, lost their homes to foreclosure, short sale or can’t get a mortgage because of some other credit damaging event. Over the past six or so years we have helped many clients’ complete strategic short sales because they were so far underwater it didn’t make financial sense to keep making mortgage payments higher than what it would cost to rent the same house. Finally, we found a program designed to help those who are ready to live in a home before their credit report is.

I am going to provide the details of the program in my Rocklin & Roseville Today and Sacramento Today weekly real estate column but if you or someone you know is interested in learning more about what we are referring to as the “rich uncle” program, call me at the MagnumOne Realty office (916-899-6571) or send me an email to juliej@jalone.com.

Free Money

You can’t drive anywhere in the Sacramento and Roseville area without seeing sign twirlers pointing the way to new model homes and I love seeing them after so many years of almost no new homes being built. I guess it doesn’t surprise me that most buyers of new homes do so on their own and don’t request help. The builder’s onsite sales team does everything they can to get buyers to walk in on their own. Why, because they can maximize their sales profit when the buyer is not represented by an experienced agent. For more information and why there is free money for buyers of new homes, check out my column, Get Help When Buying a New House,” over at Rocklin Today and Sacramento Today.

© Keep it Real in Sacramento