Email Elizabeth
JaCi Wallace
Is It A Numbers Game When Choosing a List Price?
Is it a numbers game when choosing a list price? It can feel like that sometimes but there is a very detailed systematic approach that our team uses. Sellers sometimes pull numbers out of thin air. We then remind them of the appraisal, which needs to match our sales price for a bank to give a loan to the buyer.
Professionals always review the comparative market analysis and go from there. The numbers do not lie, so they always tell the story. If you need help choosing a list price and are interested in selling, please call Weintraub & Wallace Realtors. We can be reached at 916-233-6759.
— JaCi Wallace
What Does an as-is Home Sale Mean?
What does an as-is home sale mean? It depends on whom you are talking to. Our California Residential Purchase Agreement says the home seller is not obligated to make any repairs to the home she is selling. Unfortunately, some buyers and agents think this is a time to renegotiate. A seller can say no, of course, but if she wants the sale to go through, she may reluctantly agree.
If a seller says no dice, take it or leave it, the buyer can then walk away. We then start over looking for a buyer. The process of inspections can be grueling on a rural property. For example, some cities will force you to hook up to city sewer lines. That can be so expensive. Sometimes costs could be $50,000. Always a good idea to check septics and wells, and local requirements.
Home inspections on older properties often point out all kinds of things. Of course, as these are old properties, remember, you are not reinventing the wheel here. If a seller hasn’t fixed the items during the years they have owned the property, do you think they are going to love the idea of repairing things that they lived with for years? These older homes have miles on them — just like an old car, it may run but burns oil and the front end shakes.
Always a good idea to educate buyers to remember if they negotiated dollars off the list price, then assume that was your repair credit. So what does an as-is home sale mean? The answer, all depends on whom you are talking to, lol. I think it is important to do all your inspections so you can decide if the property is right for you.
If you want to buy or sell real estate, call Weintraub & Wallace Realtors with REMAX Gold. We can be reached at 916-233-6759.
— JaCi Wallace
Orange Tabby Kittens
Orange tabby kittens are my favorite. I have 2 now as my older male Yoda passed away a few months ago. He had been very ill but would not give up the fight. One day he disappeared. I found him as I went down by the pond. I saw a little tree growing out of the edge of the water. I like to imagine he was watching the ducks on the pond and that he was so tired he simply took a long nap and never awakened. I picked him up and we buried him in our animal cemetery out back.
Oh, how I love farm life in Sacramento.
I recently fostered a male orange tabby kitten. I call him buddy. What a smart cat he is. I am placing him with a client whose husband died. She is so lonely. I think little buddy will cheer her right up.
So why are orange tabbies my favorite? I love the look they remind me of a tiger. The tabbies that live here with me are all indoor outdoor cats. They are street smart.
If you ever see any orange tabby kittens up for adoption, well, they are the best cats to adopt. The picture above captures the essence of these sweet felines.
If you would like to buy or sell real estate, please call Weintraub & Wallace Realtors with RE/MAX Gold. We can be reached at 916-233-6759.
— JaCi Wallace
A Realtor’s Annual Physical
A Realtor’s annual physical is always interesting. To learn all the things about your health is always interesting. You learn so much about how to improve all of your scores on the health profile.
What is important is that you have a physical and compare how other people you know with health issues are trying to improve their health.
If you are a Realtor and want to sell real estate for a very long time, a good idea is to complete a Realtor’s annual physical.
If you are interested in selling your real estate, please call Weintraub & Wallace Team with RE/MAX Gold at 916-233-6759.
— JaCi Wallace
September 2019 Homes For Sale, Sold And Pended
The September 2019 Sacramento homes for sale, sold and pended graph above shows some trends to keep in mind this fall. The pendings are higher than they have been all year. Inventory has stayed close over the last six months. Closings were a little down, but that could be longer duration escrows. The September closed sales numbers will answer if this is relevant.
Inventory is significantly lower than a year ago. There does not seem to be an impression that pricing is going down in Sacramento as demand is high and inventory is down. Buyers write your highest and best offer, or you may not be in a home this fall. September 2019 Sacramento homes for sale, sold and pended shows a continuing seller’s market. Pendings show trending up for the last 90 days.
If you would like to have a one on one conversation about market data in Sacramento, please call Weintraub & Wallace Realtors with RE/MAX Gold. Call us at 916-233-6759.
— JaCi Wallace
