Call it What You Will

In the past two weeks we have seen the Federal stimulus bill, the Homeowner Affordability and Stability Plan and our new California budget which as some provisions to help the housing market. What are these, how do they work and have we finally got all the players headed in the same direction? Take a look at my local real estate column, “Stimulus, Recovery, Stability coming to Sacramento?” over at Rocklin & Roseville Today.

I have had a number of emails in the past few days from some of my readers and I apologize for dropping off a bit in the past few weeks. We have been very busy and I have been feeling a bit under the weather but hopefully I will get back to a more normal schedule and get a few more posts up over the next few days.

Escape from it all!

Here is the view from a listing I have coming on the market soon. This is a unique home in Auburn only minutes from the freeway but a world away from the city and people. There is nothing “track” about this home and it will take a equally unique buyer to make this work. This is not a family home and is best suited for a working couple who want an alternative style home or it could be a great weekend escape pad for someone from San Francisco or the Bay Area.

If you or someone you know might be interested in learning more about this unique property let me know and I will send you more information.

Over at Rocklin & Roseville Today my weekly column this week is, “What is likely to be in the final stimulus bill?”

Important Information for Struggling Sacramento Area Homeowners

There have been some significant changes with lenders that are catching financially strapped homeowners unaware and reducing their alternatives to avoid a foreclosure. If you or someone you know is not making their monthly mortgage payments and thinking they can wait several months before asking for a loan modification or doing a short sale, those days are over. Check out my column over at Rocklin & Roseville Today or at Sacramento Today, “Short Sale Market Changes in Sacramento.”

Busy Sacramento Week

This past week has been very busy and adds to my belief the real estate market is weather driven or at least it seems that way to me. Every time we get some warm sunny days, I am too busy to spend much time outside! It is nice to see the Sacramento real estate market continuing being active, even if the transactions are always difficult to get closed.

During the past week I have taken three new listings. The first is a very nice home in the Natomas area of Sacramento. This home is just a year old, has tons of upgrades and has been very well cared for. If you or someone you know is looking to buy in this area take a look at 510 Dnieper River Way.

The second listing is also in the Natomas area but since we have some additional work to complete before it is ready to show it is not officially on the market but keep an eye out for it.

The third listing we took this week is unique for a couple of reasons. First, this is a spectacular home on 2 plus acres in Newcastle and it is one the seller never anticipated having to sell so it has been painstakingly remodeled and shows like a dream. These sellers thought they were working with their lender and anticipated a loan modification that would allow them to stay in their home. When negotiations failed the lender quickly filed a notice of default and has set a sale date for later this month. I don’t normally like to work under such pressure but we have had success with this lender and feel if we can get an offer in quickly, we have a chance to delay the sale and avoid foreclosure. For this reason we have priced the home super aggressively. Take a look at 1001 Kentucky Greens Way, and let me know what you think.

I am looking out the window and seeming clouds moving in. Would you know, just as I am catching up!