Use our site to possibly locate great bank owned bargains in these zip codes:

 

95608, 95610, 95615, 95621, 95624, 95626, 95628, 95630, 95632, 95638, 95639, 95641, 95652, 95655, 95660, 95662, 95670, 95671, 95673, 95680, 95683, 95690, 95693, 95742, 95757, 95758, 95811, 95814, 95815, 95816, 95817, 95818, 95819, 95820, 95821, 95822, 95823, 95824, 95825, 95827, 95827, 95828, 95829, 95820, 95831, 95832, 95833, 95834, 95835, 95836, 95837, 95838, 95841, 95843, 95864, 95670, 95648, 95603, 95602, 95650, 95661, 95677, 95678, 95746, 95747, 95682, 95762, 95682, 95667, 95623, 95667, 95726, 95762

How hot does it get in Sacramento?  It can be in the 90's and low 100's in summer.  However, the humidity level is can be quite pleasant maybe around 20% on some days.  However when you compare Sacramento weather to places like Houston, TX or Atlanta, GA or Miami, FL which may have humidity readings in the 50-60% range, Sacramento is quite pleasant.  It certainly is a far cry from Desert areas like Palm Springs, CA who may have 115 degree days and only 6% humidity with a sharp white sun that almost forces you indoors.  So even though it gets hot here, most Sacramento housing and commercial buildings are air conditioned and life for the most part is quite comfortable here.

Elk Grove, California lies to the South of Sacramento County.  From a stage coach stop in 1850 and gold rush activity to a highly desired modern community, Elk Grove offers something for almost everyone. There's modern shopping, a long list of restuarants and beautiful parks.  Yearly festivals include the Strauss Festival very similar to what you'd see in Vienna Austria!  There's an Old Town Open Air Faire and in October a Harvest and Giant Pumkin Festival.  Parents of children are drawn to this area due to excellent schools in the Elk Grove School District. With plenty of land for growth Elk Grove has a wide variety of housing to suit almost any need.  Call us at (916) 682-6454 if you'd like to explore Elk Grove, CA real estate.

The California State Fair held in the month of July is one of Sacramento's greatest shows!  Animals, vendors, rides, exhibitions, music and entertainment combine at the Cal-Expo fair grounds creating an experiential synergy!  And, don't forget the food.  Most of it you'll recognize but there are a few surprises every year.  For example how about raccoon on a stick?  Deep fried scorpions, chocolate covered bacon and more!  We haven't missed one year of the State Fair for decades, because the State Fair truly says, "Sacramento" and is so much fun!

Recently, an economist for the Calfornia Association of REALTORS(r) stated in a speech that mortgage interest rates will rise in the next year or so.  Rising rates will have a large impact on home buyer's ability to purchase a home maybe even more so than lower asking prices!  Large factors are at play in the world of mortgage interest rates.  Lawmakers have taken a watchful eye to the lending industry, the future of Fannie Mae and Freddie Mac the two largest purchasers of mortgages remains uncertain and the instability of the stock and bond markets will have an impact.  If you've been putting off buying a home, take advantage of today's LOW mortgage rates and LOW prices.  Call us today for a no-obligation home buyer strategy consultation at (916) 682-6454.

P.S. If you're considering selling your home, do so NOW.  Higher mortgage rates usually put downward pressure on home values.  The other option is to wait until a seller's market returns some years in the future.

Bank repos and foreclosures represent just under 40% of all sales according to statistics published by the Sacramento Association of REALTORS(r).  This high percentage not only in Sacramento real estate but throughout many parts of California indicate that bank held properites often are an excellent value.  Otherwise, they wouldn't sell so many, right?

 

Because of these facts, we've been working diligently here at HomeRocketRealty.com to create winning home buying strategies that locate the best home values in Sacramento and Elk Grove, CA,  find LOW financing and close your escrow swiftly and smoothly.

 

To find out more how this can work toward your advantage, click on the "contact us" button above and speak to an experienced real estate broker.

Is a big "shadow inventory" of homes in the foreclosure process but not yet on the market coming to Sacramento.  Various recent articles say that's a possibility and further that these additional homes for sale would put downward pressure on an already slow market.

Well, first of all, our marketplace isn't that slow.  In Sacramento, we close about 1,600 homes each month compared to just over 1,400 per month last year.  And two, the number of houses for sale has come down about 29% from one year ago, leaving a much smaller inventory for buyers to pick over.  New fresh inventory, priced well might actually be good for Sacramento as it gives buyers more choice AND more time to consider what could be one of the biggest purchases of their lives.

The website you're on is one of the best places to search for homes.  It updates regularly and searching is easy.  

Oh, by the way, who's the next person you know who's also looking for a home?  Give them this website address or have them call (916) 682-6454.  Thanks!

 

Did you know if you have a self-directed IRA account you can use the monies in it to purchase  income-producing real estate as an investment?  The real estate investment has to be conservative (which is in your best interests).  Which IRA type is the best for you?  That depends on your circumstances.  So, have a discussion with an investment and tax expert as part of your homework.  According to the book IRA Wealth by Patrick Rice, a Roth IRA is worth a serious examination.  The Author believes investments in real estate could outperform other types of investments which can make a huge impact on your net worth in the long run.  So, here's the bottom line:  If you have money in a retirement account getting you returns below your expectations, consider getting an IRA account that permits you to invest in real estate.  Then call us at (916) 682-6454 and allow us to assist you in locating a conservative real estate investment with upside potential.

 

Is real estate too difficult to purchase?

 

The secret to selling things is making it EASY to buy them.  Auto dealers are great at this.  Over the years, if I had no cash, they'd say to me, "Just sign here and pay us later."  Or if I had some cash now and more later, they'd say,  "We'll take cash now and more cash later."  It didn't even have to be a cashier's check.  A personal check would be OK.  In my book I write about one car dealer that even bought me lunch while my papers were being prepared.  Dealers know that if they made it difficult for me to buy, I'd probably go somewhere else.

 

Then why is it so HARD to buy some real estate?  I attended a seminar yesterday where for two hours this nice woman explained the countless obstacles this particular seller has put in the way of buying their properties. If someone paid me big money to create the world's most complicated real estate transaction, I couldn't have dreamed up half of the obstacles this seller has placed in the way to buying these particular homes.  All through the seminar the instructor kept saying that if I miss just one small detail, my file will be thrown out and my client would lose the opportunity to buy the house.  Really?  Do they WANT to lure buyers or repel them?  If the buyer had a choice between this extremely complicated transaction or one that's easy, which one would the buyer and especially their agent who has to not only jump through hoops but fiery ones, no less, choose?

 

Other sellers create such a log jam you cannot reach anyone to discuss issues with the property.  Some agents refuse to take phone calls.  Some sellers demand that buyers get approved by their "preferred lender" even though the buyer has already been pre-qualified by another competent lender.  That's absurd.  It's like going to buy something at the Target store and the cashier telling me I can't pay with my credit card UNLESS I apply for a credit card with their preferred credit card company.  They know if they made that requirement, I'd probably go somewhere else to buy.  Yet, to my amazement not only do sellers of real estate make that requirement, those same sellers and their agents insist on using non-standard forms and only one specific way to present offers on their properties.

 

And then, to add insult to injury, even if you do jump through all of their hoops, sellers and their agents throw a buyer's offer (which may have taken many hours to prepare and explain to the buyer) in a pile and may or may not get back to you with a response.  I often have to en-devour to contact the seller's agent with multiple phone calls and emails just to even find out if they're considering our offer.

 

The only reason these troublesome sellers get away with creating obstacles to the home buying process is that right now there are only about 3,000 homes for sale in Sacramento County and roughly half of that inventory sells within 30 days.  So with such strong demand buyers and their agents are forced to follow the seller's "rules."  However a small upward shift in inventory may move the balance of power to the buyer who will surely gravitate toward real estate that's EASY to buy.

 

Is there good news in all of this? YES. Even in today's marketplace, I estimate roughly a third of home sellers and their agents DO work diligently to make their homes EASY to buy in five ways:  First, these smart people make it  easy to see their homes on the inside.  Second, they will seriously consider whatever offer is made by potential buyers, even if it's written on a cocktail napkin.  Third, the agent is easy to reach.  I'm so pleased at how many agents I've called recently who actually answer the phone and are pleased to answer questions, even providing documents which make it easy for a buyer to make the decision to purchase.  Fourth, they don't force that a buyer be pre-qualified for financing twice.  And fifth, they don't create strange rules which don't benefit buyers and sellers but merely make it easy on the seller's agent.

 

Are you considering selling your home, this year?  Please think seriously about these five things. Consider hiring an agent committed to make it EASY for buyers to buy your home.  Ask yourself, are they putting slick oil on the real estate buying slide or rough and irritating sand?

 

Recently I've had such great experiences with sellers and their agents committed to making homes EASY to buy.  The transactions are smooth, the agents are relaxed, and the buyer and seller are happy. That's my ideal vision of the real estate brokerage business where everyone wins.

 

So many people in positions of power are asking themselves, "How do we make the real estate market thrive?"  I have the answer:  Make it EASY to buy real estate!

Do open houses really sell homes? 

Some people believe they do!  But consider this.

 

According to the 2010 National Association of REALTORS(r) Home Buyer and Seller Survey,  when asked where they first found the home they eventually bought, 38 percent said from the internet, 37 percent from a real estate broker or agent, 11 percent from a yard sign or open house, and the rest from a combination of family or friends, home builders, print advertising or directly from the seller.

 

Clearly, if you only do two things, market on the internet and market to real estate agents, you have a 75% chance of finding a buyer.  So fancy open houses, while they sound like fun and may give the seller the indication that the home is being "marketed," really ends up playing a minor role in the overall marketing scheme.  According to other surveys I've read,  open house sales are a very tiny percentage of the overall market.

 

If you really desire your home, use a broker that gets you good exposure on the internet, uses carefully worded "for sale" signs," and cleverly gets attention from other brokers in order to maximize your odds of selling your house.

 

To get your home evaluated for its market value, please contact us.

 

 

David Jurewicz, Broker 00661096

Home Rocket Real Estate(r)

(916) 682-6454  Toll FREE: (800) 601-7653

Resistance may not benefit real estate 

 

When I look around, I notice that most things seem to harmonize, not resist each other.  The reason is that harmony is far easier than resistance.  

 

Resistance is defined as opposition of one thing to another.  Opposition requires energy.  For example, just try to resist a a strong wall.  We'll get tired and faint pushing our weight against the wall, and yet the wall will still stand.  Wouldn't it simply be easier to accept the wall and not resist it?

 

The same is true in real estate.  I see many resisting the sale of property through their self-focused actions.  Who wins when that happens?

 

It might be the seller of real estate who puts all kinds of obstacles in the way of home buyers.  Examples of this are making it hard for the buyers agents to see the house, forcing buyers to have to be pre-qualified by certain lenders of the seller's choosing (who usually are hard to reach), not presenting offers in a timely manner, not taking calls inquiring about the house, not being up-front about issues with the house, flatly rejecting offers instead of seeking common ground, etc.

 

Buyers can also offer resistance by being offended if their offer isn't accepted, or a counter-offer isn't as they expected, stopping the negotiations instead of seeking common ground, making huge demands of the seller as if they're entitled to those things, etc.

 

The more we make the other party defend their point of view, the more they'll dig in their heels due to our resistance and the less likely there will be a smooth transaction.

 

Instead, let's look for ways we can make everyone win in each real estate transaction.  I praised one of my clients for his winning thinking.  A home buyer didn't want to pay the price my client was asking.  My client could have told me to send the buyer away as being unreasonable.  But we discovered the potential buyer was staying with three children in a small motel room while waiting to find a house to buy.  This couldn't be comfortable thought my seller client.  So, he made the buyer this offer: Pay my full price and you can move in tomorrow rent free until escrow closes.  Most real estate practitioners would say there's too much risk with this idea.  However, when the buyer received the offer to move in right away, he bought the home at full price!  It closed a few weeks later and everyone was extremely happy.  That truly was a harmonious transaction when the resistance was removed.

 

A good real estate broker, acts as the lubrication between resisting parties to a transaction.  By looking for ways to lessen the resistance, more real estate transactions are possible.  Lowering resistance to transactions by all of us in real estate could be one of the keys to lifting our real estate marketplace to a much better level

Sacramento CA Foreclosed Bank Owned Real Estate Listings