Sacramento County

Sacramento Survived I-5

July 21st, 2008 categories: Natomas, Real Estate, Sacramento

I Survived I-5 Sacramento has been enduring the re-make of Interstate 5 which is widely traveled whether going to the Airport, Downtown or several neighboring communities and cities.

Here is your official T-shirt Sacramentans since you survived I-5. July 28th is the final target date for completion. No more signs saying south bound or north bound Interstate 5 is closed.

What a nightmare this has been. I know I tried avoiding I-5 and only used it when I had no alternative. Apparently, there were a lot of drivers that did the same since traffic was reduced by 50%. Betcha the neighborhoods are just as grateful that this major make-over is coming to an end. Everyone deserves a T-Shirt in Sacramento!

This was not just a mere re-surfacing job both northbound and southbound, it was an entire make-over. Two layers were jacked up and new sewers were put down before the boat section between L and R were finished.

Then the final stage a polyester sealant was put down to finish up the work which is a tedious procedure and makes for a very smooth surface.

$33 million dollar job has been ongoing for 3 months and for those that had to travel I-5 each day, here is your virtual T-Shirt. Glad it’s over.

I-5 inSacramento Which brings up a very good visual point. When looking at the photo below, in the middle is the Tower Bridge which connects Downtown Sacramento to West Sacramento.

Traveling north on I-5 takes you to the community of Natomas which is 10 minutes at most from Downtown and 5–7 minutes to Sacramento International Airport.

There are homes on the Sacramento River, older homes and newer built master-planned communities in Natomas. There is something for everyone when it comes to real estate.

Of course with all the new building you want to make sure that you are represented by a Realtor and not by the builder. So, if a new home is on your radar screen call your Realtor and have them take you to the new home subdivision.

Want to take a look at what homes are for sale in Natomas? Just click below for the area that you might like to find a house.

Click the link to see homes for sale in 95835

Click the link to see homes for sale in 95834

Click the link to see homes for sale in 95833

Click the link to see homes for sale on the river in 95837

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe to get the latest articles sent to your email.

If you have a Real Estate question, check out and read what other home buyers and home sellers have asked.

Other Articles of Interest:

First Time Home Buyers in Sacramento Congratulations

Natomas Living in Sacramento County

Active Adult Communities Around Sacramento

Want to Be a TV Star?

Sacramento, the 8th Best City

Take A Spin Around Sacramento California

Authored by Gena Riede | Discussion: Comments »

The Home Buyer Offer that Went No Where

July 14th, 2008 categories: Real Estate Tips, Sacramento, Seller

Stupid Prices Real Estate is serious business. Making sure that you have a Realtor who knows the real estate market and how to price homes is essential when buying and selling a house or condo.

Recently, my home buyers wrote an offer on a house for sale in the Sacramento area.

This sale was a “regular sale,” meaning it was not a Short sale nor a Foreclosure, bank owned REO. Just a normal sale as listed in the MLS.

When taking a look at the tax records for this house, it appeared that the listing price was a little under what the seller owed on the house when all of escrow fees would be paid.

However, it is not uncommon to see sellers go to the table (table-meaning go to Title and sign) with the remaining cash owed to the bank in order to save their credit.

It was difficult to talk to the listing agent who did not return phone calls so the home buyer’s offer was sent. In the contract there is a page where the home buyer addresses when they want the seller to answer their offer. By contract, it is important for the seller to respond to the home buyer’s offer in a timely manner.

Otherwise, there is no point in having a contract…you need to abide by the contract and follow it. Time is of the essence.

Unfortunately, this did not occur. The timeline was ignored. Remember, this is not a bank that the home buyer’s offer was being sent to, it was a seller through their agent on a regular home sale.

After many phone calls it became obvious there was a problem. Not only did the agent not return phone calls but when agent did communicate, I was told that the offer had been sent via email and the seller didn’t understand the offer.

No kidding! It is important that the listing agent provide the seller with a net sheet showing all of the fees and the bottom line of what the seller will net in the sale of the house and this should be done in person.

Click the highlighted link to view a sample of a what a Home Seller Net Sheet.

At this point you are probably wondering if the seller was living out of town, no the seller was within a short 10 minute drive.

When I was told that the seller was not very motivated, I asked the “big” question. “Is your seller upside down on this sale?” The answer that I got was shocking. “I don’t know,” said the agent.

It is so important that when you hire someone to sell your house or condo that you make sure that the agent knows how much you owe and any prepayment penalties that might occur once you pay off the loan. If the sale of your house is close to what you owe, are you willing to pay the difference in order to keep your credit standing? If not, then you need to discuss the possibility of a short sale with your agent.

Don’t just put up stupid prices and then change them. Remember, the house has to appraise.

The end of this story is that while all of this was going on, my home buyers found another house and they were accepted before the previous offer ever even responded. It all turned out for the best with a better house for my home buyers.

When we finally did get a response in the form of an email, it was not to accept our offer. When looking at the MLS I noticed that the listing agent increased the price of the house by $5,000.00 from our original offer. Now, why they did not counter…is beyond me.

No counter, no nothing. Certainly, left us scratching our heads. This will be a house that I will follow to see what actually happens in the end. I have a strong feeling that this is house will end up a Short Sale without the seller or the listing agent realizing it.

It is so important to price your house for sale correctly and for the listing agent to return phone calls especially when you have home buyers who are willing and able to buy your house.

When deciding who should list your house, I recommend that as a seller make sure that your agent provides you with a net sheet before listing your house. You need to know if you are upside down on what is owed on your house and be given the opportunity of knowing what the real estate market indicates that your house will sell for before you list your house for sale.

To sum up, here are some key elements to keep in mind when you list your house for sale:

Provide your agent with balances on your mortgage loan(s)
Provide your agent with the terms of your mortgage loan(s)
Have the agent provide you with a net sheet
Have the agent provide you with a CMA (comparative market analysis)
Have your agent sit down and explain all offers in detail and provide a net sheet with each offer
Make sure that you hire an agent that communicates and returns phone calls

Most importantly, hire someone that knows what they are doing. Your house is more than likely the largest asset that you have and you deserve to have good representation.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe to get the latest articles sent to your email.

If you have a real estate question that you would like an answer to be sure to check out and read what other home buyers and home sellers have asked or feel free to ask your Real Estate question by email.

And of course if you are interested in buying a home or condo or selling your home or condo, feel free to contact me and lets talk.

Other Seller Related Articles:

What Do Home Prices and Gas Prices Have in Common

Hmmm That Home Looks Good!

Dress Your Home to Sell-Inside Home Seller Tips

Dress Your Home to Sell-Outside Home Seller Tips

What Every Home Seller Should Know

Authored by Gena Riede | Discussion: 2 Comments »

A Slice of Perfection in Tempe AZ

July 9th, 2008 categories: Real Estate, Sacramento

Tempe AZ Townhouse for sale Are you a home buyer relocating to Tempe, Arizona from the Sacramento area? Perhaps, you have a son or daughter who will be attending ASU.

There is a gorgeous 2 Bedroom townhouse that is move-in ready for you that you might want to consider.

This prime piece of Arizona real estate for sale is in an excellent location, close to all major cities with easy access in all directions.

Did you check out the beautiful winding staircase? This townhouse is for the discerning buyer who appreciates living at its best.

A past Sacramento homeowner and past client of mine who moved to Tempe, Az a few years ago contacted me about selling her Townhome at 2333 East Southern Ave., in Tempe, AZ and needed a good Realtor.

It is always such a compliment when a previous client who has moved out of state continues to rely on my real estate expertise and keeps in touch. So, it is with great pleasure that I bring to Sacramento real estate this Tempe, AZ Townhome for sale.

Due to a new job, the owner will be moving to a location out of Arizona so after all the upgrades and getting this 2 Bedroom Townhouse just perfect, it is now for sale. To the delight of the home buyer they will find travertine kitchen counters, stone sink, ceramic tile bath and pergo flooring that exudes designer touches.

What is so fabulous about this Townhouse is that it is only 15 minutes from Phoenix, Scottsdale and Chandler and adjacent to Mesa, AZ. Being so centrally located with easy access to the freeway, close to Downtown Phoenix, shopping, the airport, hospitals and ASU makes this a prime location.

Location, location, location! Can you believe what an easy commute in all directions this property is?

The Townhouse complex at Hudson Trace has beautiful grounds that are well maintained with amenities such as a pool, spa, barbecues and gym.

Best of all this Townhome at 2333 East Southern Ave., Tempe AZ is for sale for a mere $159,000.

Click the link to see a video of Tempe Townhouse for sale and give Teri Ellis, Realtor with Homes Arizona a call at (480) 216–3334 to buy this slice of perfection that is currently for sale.

It’s nice to support other Realtors and especially past clients who became friends…so it is my pleasure to showcase this Townhome for sale in Tempe, AZ here on Sacramento Real Estate Voice for those who may be relocating to Arizona.

If you are thinking of relocating as a home buyer to the Sacramento area or simply considering selling your house, be sure to check a FREE Sacramento MLS of homes for sale.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe to get the latest articles sent to your email.

Other Great Sacramento Articles:

Want to Be a TV Star?

What Do Home Prices and Gas Prices Have in Common?

Sacramento, the 8th Best City

What Are The Great Neighborhoods?

Downtown Sacramento Homes for Sale Going Green

Midtown Living in Downtown Sacramento

Land Park Home of the Best Neighborhood Park!

Land Park, An Outstanding Neighborhood in Sacramento

Take a Spin Around Sacramento California

Authored by Gena Riede | Discussion: 2 Comments »

Do You Know What Your Realtor Was Doing This Weekend?

July 7th, 2008 categories: Elk Grove, Home Buyer, Retirement Communties

Phone Ringing This weekend two different Home buyers found the house that they would like to buy while looking at homes for sale in Elk Grove, CA.

Yes, it was the July 4^th weekend but that happens to be a time when home buyers are available to look at houses. This is not a 9 to 5 job Monday through Friday.

I’m of the old school where I make myself available for my clients when they are not working. I find that it makes for a happy client.

Home buyer, Mr. & Mrs. X saw ten houses on July 4^th that were either Short Sale or Bank Owned homes for sale. Mr. & Mrs. X decided on a house that they would like to write an offer on that was Short Sale.

Mr. & Mrs. X are from out of town, staying in a hotel in order to find the house they will purchase as a second home right now, with the hope of making it their retirement home, later. These home buyers will be relocating to Elk Grove, CA to retire.

We are finding quite a few of Baby Boomers don’t want to move into a secluded retirement facility. Baby Boomers are opting to live closer to the grandchildren when they retire and want to live in a neighborhood that is not age restricted.

There are quite few homes for sale in Elk Grove, CA to chose from and both sets of home buyers were delighted to find just the right house this weekend in Elk Grove.

Now, the sad part about both Mr. & Mrs. X as well as the other home buyers, Mr. & Mrs. Y (wanted to submit an offer on a regular listing, not a short sale or foreclosure) is that none of the agents who had listed the houses that my buyers wanted to buy were available to answer any phone calls.

It is so sad to see agents take listings and not answer their phones or return phone calls. In fact, that is how Mr. & Mrs. X found me. They had been through two real estate agents who didn’t return phone calls or follow-up with them. I digress…

When an offer is to be written, both agents need to communicate for several reasons.

to see if there are any other offers
to verify if the house is still available to accept an offer
to verify the fax number or email of the listings agent in order to send the contract.

Depending on the listing, depends upon if any phone calls are warranted. However, it is only common courtesy to acknowledge when someone has called.

Needless, to say offers for both of these home buyers will not go out until this week after the listing agents return phone calls. People keep saying how bad real estate is but what I’m finding is that there are home buyers who are willing and able to buy if only agents would just pick up their phones or at least return phone calls.

Does your agent return phone calls? Are you waiting to get an offer on your house for sale?

I would love to send you an offer…just waiting for a return phone call.

If you like what you read here on Sacramento Real Estate Voice and want to keep up with the Sacramento Real Estate Market as well as other news worthy items, simply click and subscribe to get the latest articles sent to your email.

Want to check which homes, condos, investment properties and land are for sale in Sacramento and the surrounding areas? Just click on the search icon and pick the neighborhood you are interested in finding a home or condo for sale in and around the Sacramento area .

Other Related Articles:

Friday Home Buying Tour in Elk Grove, CA

Want to Be A TV Star?

Sacramento Real Estate Has Double Delight Giving to Home Buyers

Rent is Going Up and Interest Rate is Rising

Sacramento Veterans Buying Home

Granite Bay Home Buyer Looking For Mansion

Sacramento Home Buyers Are Smiling

Search Foreclosure Homes For Sale For Free

Authored by Gena Riede | Discussion: Comments »

Sacramento Real Estate Market Report for June 2008

July 2nd, 2008 categories: Sacramento RE Stats

Sacramento real estate Sac Sales thru 6-08

continues on the upswing with home sales continuing to increase in numbers.

It’s been a steady slow climb which is much more stabilizing than a rush of numbers.

The chart above shows single family home sales from January 2008 through June 2008.

The June 2008 figures will only continue to increase as real estate offices plug their numbers into the system and update the MLS. However, I wanted to get these numbers to you as quickly as possible.

For a look at each individual city and community in the Sacramento area to see how many homes are for sale, how many homes received an offer and are in Pending Sale and how many homes sold click on Sacramento Home Sales Report for June 2008.

Here is a list of the number of SOLD homes in Sacramento per the chart above.

811 Homes Sold in January 2008

917 Homes Sold in February 2008

1,084 Homes Sold in March 2008

1,480 Homes Sold in April 2008

1,544 Homes Sold in May 2008

1,608 Homes Sold in June 2008

Average Sacramento Home Price by Month:

$277,463 January 2008 Average Home Price

$279,599 February 2008 Average Home Price

$273,207 March 2008 Average Home Price

$254,683 April 2008 Average Home Price

$254,325 May 2008 Average Home Price

$243,397 June 2008 Average Home Price

Average Days on the Market to Sell House in Sacramento:

74 Days to Sell House in January

66 Days to Sell House in February

58 Days to Sell House in March

57 Days to Sell House in April

54 Days to Sell House in May

51 Days to Sell House in June

From January 1, 2008 through June 30, 2008 7,654 homes have sold in the Sacramento area. Sacramento Real Estate is continuing to improve little by little with inventory selling and home prices slightly continuing going down.

Other Sacramento Real Estate Market Stats:

The Outlook for Sacramento Real estate is on the UpSwing

Sacramento St. Patricks Parade and February Home Sales

Sacramento Home Sales Report for January 2008

Did Homes Sell in Sacramento During December 2007?

Sacramento Home Sales Report for November 2007

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

Authored by Gena Riede | Discussion: 4 Comments »

Where Are Fireworks Around Sacramento?

June 30th, 2008 categories: Fun Things, Sacramento

http://www.youtube.com/watch?v=gLVQaPj26Kk

Sacramento will be celebrating 4^th of July 2008…all over the Sacramento County area with spectacular shows. In honor of our fallen heros and those serving our Country it only seems befitting for each of us to display the American flag at our homes. It would be great to see each home owner, apartment dweller and renter in Sacramento displaying our American flag.

This year with all the fires throughout our great state of California and having to breathe the smoke-filled air over the past few weeks, please let the professionals handle the fireworks. We don’t need any additional, accidental fires…

Below is a list of professional firework displays for your July 4th Celebration (for more detail information just click on the highlighted link for each City since several have all day events that would be fun to attend):

Have a safe and fun July 4th! Happy Independence Day!

Sacramento, CA

Cal Expo and the City and County of Sacramento

July 4, 2008 Cal Expo will again put on the largest display of fireworks beginning at 9:30 p.m…gates open at 6:00 p.m. Free admission, $8 parking fee. You are encouraged to bring lawn chairs and blankets.

Carmichael, CA

July 4th Parade starts are 10:30 am, come for the fun and food. Fireworks will display at La Sierra Community Center around 9 p.m.

Citrus Heights, CA

Fireworks is held at Sunrise Mall begin at 7:30 pm with live music and 3-D glasses to view the fireworks starting at 9:40 pm .

Elk Grove, CA

Salute to Red, White & Blue at Elk Grove Regional Park at 9:45 pm is a favorite all day event with food, games, vendors and just plain fun.

Folsom, CA

fireworks at Pro Rodeo in the Dan Russel Arena nightly from July 3-5, 2008. All other firework displays cancelled

Rancho Cordova, CA

will celebrate at Hagan Park with 2 days of fun, parades, food, concerts ending with fireworks displays both Friday, July 4th and Saturday, July 5th.

Due to the extreme fire danger many of the County’s have restrictions in place and some have even banned the road-side fireworks being used in their respective areas. Be sure to check out whether or not you can use fireworks prior to purchasing them.

It’s best this year with all the many fires throughout California to leave the fireworks to the professionals and just sit back and enjoy.

Tahoe’s Fireworks

South Lake Tahoe

will be having Lights on the Lake .

North Shore at Lake Tahoe

Squaw Valley Fireworks Extravaganza, July 3, 2008 at 9:00 pm and Kings Beach on Lake Tahoe’s North Shore, Tuesday July 3, 2008 at 9:00 pm

Tahoe City’s July 4th Celebration begins at 9:30 pm at Commons Beach

Incline Village celebrates Red, White and Tahoe Blue starting July 2-4 at the Village Green

Truckee, July 4th hometown parade starts at 10 am and fireworks at 9:00 pm at Donner Lakes West End Beach (beach access is limited to homeowners & local residents)

PLACER COUNTY Fireworks

Auburn, CA

Gold Country Fairgrounds appears at this time not to have fireworks this year

Lincoln, CA

Lincoln celebrates July 4th

“America the Beautiful” parade starts at 9:00 am on D Street

Rotary Club Beer Garden & BBQ from 11:00 am till 9:00pm at McBean Park (just off Hwy 65 and Route 193 in the heart of Downtown Lincoln

Miss Lincoln pageant, pony rides, petting zoo, train rides, bands and of course food are just some of the fun things to do July 4th in Lincoln at McBean Park

Fireworks show starts at 9:30 pm

Roseville, CA

Start off your July 4th celebration in Downtown Historic Roseville with an early morning 10:00 a.m. parade that ends at Royer Park for loads of fun, food and games from 11:00-2:00 p.m.

Then high tail on over to Placer County Fairgrounds for the 9:30 pm July 4th Fireworks show.

Yolo County Fireworks

Davis, CA

will celebrate with a party at the Community Park with free swimming, vendor and entertainment will be present with fireworks kick off at 9:30 p.m.

If you like what you read here on Sacramento Real Estate Voice and want to know what fun things there are to do in and around Sacramento as well as keep up with sacramento real estate simply click and subscribe to get the latest articles sent to your email.

Click on the search icon and pick the area you are interested in finding a home or condo for sale in and around the Sacramento area .

Authored by Gena Riede | Discussion: Comments »

Friday Home Buying Tour in Elk Grove, CA

June 27th, 2008 categories: Elk Grove, Foreclosure, Home Buyer

CA Fires Sacramento is socked-in with all the surrounding fires in CA.

This Google photo to the left shows just how many current fires there are in our state of California.

Even with the haze that surrounds are great city of Sacramento, home buyers are on their way up this morning from San Jose for a home buying tour of homes for sale.

These home buyers plan on buying their retirement home in Elk Grove, CA and want to seize the moment with buying a newer home at a great savings. Today, I will be showing them homes that are in Short Sale and Foreclosure in Elk Grove, CA.

There are some smokin good deals for sale in Elk Grove, CA . No fire here but fiery home prices are a home buyer’s dream.

If you want to read about Short Sales and Foreclosures be sure to click on the each of the highlighted links. Be sure to check out my free Bank Owned homes for sale search.

I did email them last night to let them know that we have very poor air quality at the moment due to all of the fires and if they have issues with breathing we could postpone or they might want to bring masks. Apparently, they too have smoky skies in San Jose and were hoping to get away from that for the day…nope!

So, it’s off to show homes for sale in Elk Grove, today with the hope to find just the right place for these folks to retire and call home in Elk Grove, CA where there are some fabulous real estate home buys.

Try to stay indoors if you can today and hopefully the Delta wind will kick in and move the smoke out of the Sacramento valley. Have a safe weekend. Thank you CA fire fighters for all you do to help keep us safe.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe to get the latest articles sent to your email.

Sacramento MLS where you can pick any other community or city around Sacramento to see homes for sale.

Elk Grove MLS- Elk Grove CA homes for sale

or simply click on the search icon and pick the area you are interested in finding a home or condo for sale in .

I’m just a phone call away, so let’s get started and find your piece of paradise to call home.

Want to Be a TV Star?

June 25th, 2008 categories: Home Buyer, Sacramento

Sacramento Real Estate Casting Call… House Hunters

This week Sacramento Real Estate Voice received a phone call from House Hunters from HGTV, a Pie Town Productions and Home and Garden Television show looking to shoot Sacramento home buyers.

It takes about 4–5 days of filming which can be broken up into weeks or months depending on everyone’s availability. And yes, there is a nice check for you after taping.

HGTV is looking to interested in the actual house hunt, the neighborhood, home prices, sizes, the home buyers likes and dislikes along with information about their Realtor.

It sounds like a lot fun and of course your chance to be on television. Specifically, HGTV, House Hunters is looking to produce a show on a “green home” and or a million dollar plus property for television.

I have the specifics of what is required and can certainly speak with you about the process. Want to view a House Hunter TV episode, just click on home buyers find house for sale.

Calling all Sacramento Home Buyers, Granite Bay Home Buyers, El Dorado Hills Home Buyers, Roseville Home Buyers and Downtown Sacramento Home Buyers.

If this sounds like something that you might be interested in doing, please contact me and let’s make it happen. And of course, let’s get you the home you want to buy. That’s a primary goal.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe to get the latest articles sent to your email.

If you are interested in looking at homes for sale, be sure to click on the City that interests you here are a few to start you off.

Carmichael MLS- Carmichael, CA Homes for sale

Elk Grove MLS- Elk Grove CA homes for sale

Fair Oaks MLS- Fair Oaks, CA homes for sale

Folsom MLS- Folsom, CA homes for sale

Granite Bay MLS- Granite Bay homes for sale

Roseville MLS- Roseville homes for sale

Sacramento MLS where you can pick any other community or city around Sacramento to see homes for sale.

or simply click on the search icon and pick the area you are interested in finding a home or condo for sale in .

I’m just a phone call away, so let’s get started and find your piece of paradise to call home.

Authored by Gena Riede | Discussion: Comments »

Sacramento Real Estate Has Double Delight Giving to Home Buyers

June 20th, 2008 categories: Home Buyer, Real Estate, Sacramento

Home Buyer Gift Basket Sacramento Real Estate Voice has had a wonderful week. The best part of helping home buyers besides finding just the right house is handing over the keys to the home buyer’s new HOME.

This week was no exception. I love preparing a home buyer’s basket of goodies and presenting them their gift along with their keys.

It always seems like a very long process of waiting once the we all go to Title to sign the documents from the bank.

The bank usually takes anywhere from 24–48 hours before approving all the documents. Then, I get a call from the Title company who says, “the loan has been funded.” This means, that the bank has sent the money to the Title company for the house. At that point the long awaited words are anticipated…the phone rings and voila, “we are on record!” Those are glorious words to a Realtor. Now, the house has recorded and I can gather my gifts, go to the house and prepare to await the arrival of the new homeowners.

There is nothing like being able to say, “welcome home.” This is the very best part of real estate and why I love what I do…helping home buyers find their new home. This week I got to do that twice so it was double delight.

Now, on to helping the next group of home buyers, finding just the right house for sale, getting accepted, awaiting the close of escrow and longing to give them the home buyer’s their new home.

If you would like to know more about my character and experience be sure to read my mission statement, goals and what Sacramento Real Estate Voice is all about.

If you would like to view all the homes for sale in Sacramento county, Placer county, El Dorado county and Yolo county feel free to examine my free MLS of homes for sale and condos for sale.

If you are thinking of relocating as a home buyer or simply considering selling your house, be sure to check a FREE Sacramento MLS of homes for sale.

Other Articles:

When Should a First Time Home Buyer Buy a House?

First Time Home Buyers in Sacramento-Congratulations!

Home Buyer in Sacramento Buying in Granite Bay Speaks Up

What Does a Realtor Do When I Want to See A House or Condo?

First Time Homebuyers Check-Off List – Part II – Write An Offer

First Time Homebuyer’s Check-Off List – Part I

Shall I Buy A House or Rent?

Why is Buying a House Stressful?

What EVERY Buyer Should Know

Authored by Gena Riede | Discussion: Comments »

What Do Home Prices and Gas Prices Have in Common?

June 18th, 2008 categories: Real Estate Tips, Sacramento, Seller

What Is The Best Price? Ever wondered why your house isn’t selling?

Think your house should be more money than your neighbors?

In today’s Real Estate market, it is key to have your house priced correctly from the start.

Don’t make the mistake of over pricing your home. That’s what we call in the real estate business, “chasing the market.”

Running after the market is disastrous, you never catch-up and are always behind. Which means you are overpriced.

When thinking about pricing your house, think about an intersection where there are four gas stations, one each corner. Which one do you think you will pull into? Yep, the one with the lowest price.

The home buyers are thinking the same way. Home buyers are looking for houses in move-in condition that are priced correctly. Their professional full time realtor is quick to tell the home buyer if a house is overpriced for a neighborhood.

Be sure to listen to your Realtor when they counsel you on an appropriate price for your home. They have the experience and the know-how to back-up the asking price for your house.

An overpriced listing is not shown or may be shown in order to make a point to a home buyer that the house down the street is priced correctly. Guess who sells?

Yes, it’s a home buyers real estate market and your price needs to reflect that. Most home sellers are also paying the closing costs now. It is much harder for a home buyer to qualify for a mortgage loan and interest rates are going up so if you need to sell, it’s important to be priced correctly and be willing to help the home buyer with closing costs.

If you should receive an offer from a home buyer who is obtaining a VA loan, remember that the VA appraiser will be looking for health and safety issues which the seller must repair or replace. There must be a section 1 clearance for Pest and the underwriter can call for the seller to pay for section 2, as well.

Be sure to have your home ready to place on the market for sale, for pointers be sure to check out Dress Your Home to Sell-Inside Home Seller Tips and Dress Your Home to Sell-Outside Home Seller Tips.

Who knows, I may be showing your home next. We have quite a few first time home buyers and home buyers relocating to Sacramento.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe to get the latest articles sent to your email.

And of course if you are interested in buying a home or condo or selling your home or condo, feel free to contact me and lets talk.

Other Articles of Interest:

Hmmm That Home Looks Good

How to Sell Your House

Tips In Preparing Your Home For Sale

Sellers Make Concessions

What Every Home Seller Should Know

Selling Your Home?

Sellers, Do You Know What You Should Expect?