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JaCi Wallace
A Sacramento Thursday is a New Day in Real Estate
A Sacramento Thursday is a new day in real estate. Today started with a cup of coffee at 6 AM. I live on a farm, so my chores in the morning consist of hungry critters. I make my coffee, then feed the chickens and collect eggs. My German Shepherds, I have to release as I keep them up by my room for protection at night in a small enclosed yard. I open the gate, and they run about 30 miles an hour to their back acre of fenced yard. I feed them each a fresh organic egg every A.M.; they love them.
Then my Schipperkee Dogs, they love a Sacramento Thursday. They sleep in a playpen in my room, three girls. They bark with excitement to go out to the front yard, a fenced 1/2 acre, and run their hearts out.
Next, my indoor cats need full feed bowls and fresh water. I then clean the cat boxes. My male purebred Ragdoll cat sleeps in my laundry room at night. He can not run free, or he would impregnate my female Ragdoll. That is fine and good when I want kittens, but not in the spring. As a busy Sacramento Realtor, kittens are every other year in the winter, LOL. He goes to his outdoor pen daily to enjoy fresh air, see birds and live a healthy and safe lifestyle. We have coyotes in the country.
Ok, now the rest of the outdoor cats. I do a lot of cat rescue. I have 13 cats. Many are outside ferals that have become my friends over the years. One named Angel is 19 years old. She sleeps with a heat lamp and is very spoiled by my family. My sister, Cathie, and brother-in-law, Greg, live with me, and they take care of all the animals while I work every day. They are a Godsend. I do the morning routine, and then they take over after that. I feed my two horses, say good morning girls, and now it is 8 AM, so I’m off to work. A Sacramento Thursday is a new day in real estate compared to a Wordless Wednesday; but, then, that is another story for a blog. Have a great day, everyone.
If you want to hire a real estate team to help you obtain your real estate goals, call Weintraub & Wallace Realtors at RE/MAX Gold, 916-233-6759.
— JaCi Wallace
Wordless Wednesday in Sacramento
A Wordless Wednesday in Sacramento.
If you would like to hire a team of real estate professionals who use every ounce of energy in a given day to ensure your home closes escrow, call Weintraub & Wallace Realtors at RE/MAX Gold, 916-233-6759.
— JaCi Wallace
May 2019 Homes Sold in Sacramento Spell Competition
The number of May 2019 homes sold in Sacramento could spell heavy competition between buyers. This is your Market Update: If a picture paints a thousand words, this photo says it all. The pendings have met the active listings, and this has not happened in the last 15 months. This is huge for the greater Sacramento County and could spell out even fewer homes to buy. It is a seller’s market, and buyers do not kid yourself; write your highest and best offers and throw in the kitchen sink too . . ..
The low inventory of homes is slim pickings and, in some areas, it is a deficient number of homes for sale. Look at the March pendings vs. April, the light green, then the red line, the pendings. This shows that even with a slight increase in homes available, this increase was absorbed by the buyers.
The pending sales in Sacramento have steadily increased since December 2019. This is a crossroads we face. Inventory based on prior years should, by history, increase starting in February; however, our inventory decreased in February and March of this year. We had a slight uptick in April, but it all sold.
May 2019 homes sold in Sacramento is the highest number in 15 months. Here are some tips you can use when you are buying a home.
- Write: short inspection time periods such as 10 days to complete your inspections.
- Shorter loan approval time frames make your lenders hustle.
- Shorter appraisal days, pay for a rush.
- Split title, escrow and transfer taxes fees.
- Pay for your own home inspection.
- Tell the seller in the offer you will not ask for repairs.
- Provide loan preapprovals, proof of funds and other relevant information.
- Close escrow quickly.
- Offer a seller rent-back at no cost.
What does all this mean for buyers? In short, buyers stop thinking you are going to get a deal; as reflected in this May 2019 homes sold in Sacramento report, you could face months and months of letdowns. You must write competitive offers. Think out of the box. Use great lenders like our preferred lender with Guild Mortgage, Dan Tharp.
If you want to hire agents who think out of the box, call Weintraub & Wallace at RE/MAX Gold, 916-233-6759.
— JaCi Wallace
How To Cancel a Listing or Purchase Contract
Wondering how to cancel a listing or purchase contract? Below is a previous post on another site written by partner Elizabeth Weintraub. What is so interesting — it’s as relevant today as when written, more than a decade ago. These questions are asked often by the public when visiting our website about: Sacramento Real Estate.
“It’s too bad that you can’t just rip up a contract to terminate an association or an agreement, but that’s not how it works. To find out if your contract can be canceled, the first step to take is to read the contract. Contracts typically contain a provision for cancellation.
Many contracts are bilateral, meaning a promise for a promise. If the other party is not living up to its promise, it’s possible you may have grounds for cancellation.
I give my clients personal guarantees that if at any time they are unhappy with my services or if they feel I am not performing as agreed, I will cancel the contract, whether it’s a listing agreement or a buyer’s broker agreement.
Because I am not a party to the purchase contract — at least not in California — I cannot cancel a purchase agreement. Only buyers and sellers (or the court) can cancel a purchase agreement. But purchase contracts contain provisions for cancellation and, in most cases, the buyer can get her deposit back. I’ve heard of buyers these days walking away from signing loan documents and canceling the contract at closing. The buyers either got cold feet, found a better property to buy or simply changed their minds. Of course, THAT leaves the buyer’s earnest money deposit at risk, but for some, it’s not enough to worry about.
If you require legal advice, however, by all means, contact a real estate lawyer, because real estate agents are not licensed to give legal advice.
Here is more about how to cancel a contract.“
— Elizabeth Weintraub
If you are interested in selling or buying a home, we are here to help you achieve your goals in real estate; call Weintraub & Wallace Realtors at RE/MAX Gold, 916-233-6759.
Classic Land Park Tudor Homes
Classic Land Park Tudor homes are unlike any other — in my book, anyway. The charm and original touches take you back in time. Today, I was working in Land Park on a new listing by the Tower Theater. Carol Crestelo, one of our exclusive buyers’ agents, was accompanying me as we had a lot of work in the area.
While driving along the tree-lined streets, we noticed an open house sign. It was an old friend from a previous brokerage, holding open a fabulous classic Land Park Tudor home. We stopped to say hello of course, after all, we are Realtors, we love looking at homes too, lol. This property did not disappoint; it was amazing. The front yard was massive, with a huge redwood tree and mature landscape. The pitched roof in the front was impressive.
Entering the home you immediately notice an 8-foot storybook picture window with leaded glass inlay, looking onto the front yard. The outdoor view of beauty took your focus from the interior to the outdoors. A feeling buyers dream about. The stained glass accents on the windows and the oak wood floors, combined with a massive focal fireplace, made it love at first sight.
The elongated arched carved doorways gave rise to a coved 12+ foot ceiling in the great room. The natural light engulfed the room, and no artificial light was necessary. I could already envision a 10 foot fresh Christmas tree in front of the picture window adorned with so many twinkling colorful lights, that it took your breath away. What a room to celebrate holidays and create memories for a family to carry in their hearts an entire lifetime. This three/four bedroom home had a room for everyone.
From the great room, you can see an oversized formal dining room with a built-in hutch. This gives just the right entertainment space for guests to mingle right off of the kitchen. There is also a quaint breakfast nook circled by windows in all directions. Sitting there in the mornings enjoying a cup of coffee you can watch the neighbors walking their dogs. This is a home where you could comfortably live the rest of your days.
Off the kitchen down a few steps is an open office area. Next to it another room with a full bath, a perfect guest room area, children’s playroom or workout space, so many options for this bonus room. Just behind the office is a darling laundry room, lots of windows, a laundry sink and cabinets and an exterior door. This is all on the lower level the upstairs was next to tour, we could hardly wait to see it.
The wooden staircase is just beautiful leading up to the 3 bedrooms and an updated full bath. The master bedroom even has a walk-in closet. What charm, this home is a jewel. Did I forget to mention a two car detached garage and a new roof?
The favorite part from the open house visitors I overheard talking was a huge backyard with gardening beds, patios, lush vegetation and more. Vegetable plants were growing nicely in raised beds, Plenty of flowers about to bring the bees. Even a waterfall is featured, talk about paradise. What more could anyone want? This home will go fast as they are looking at offers in only a few days. Humm, this left me thinking who do I know that would adore this home as we did.
The potential for this classic Land Park home is outstanding. Why will this home sell and another won’t? Location, Location and Location. All that is needed is a new master bath addition, and you have it all in one highly desirable location. Swimming anyone? There is plenty of room for a pool.
The listing agent is honest as the day is long on this one, so a buyer has a fair chance if they make the right offer. A lucky buyer who qualifies to make the first offer on this property may be a nervous wreck wondering if their offer will be accepted; heck, the buyer’s agent will bite off all of her fingernails waiting for a seller to decide, lol (I confess I bite my nails sometimes). Keep your fingers crossed as a home with all these features rarely comes on the market.
If you want to buy or sell a classic Land Park Tudor home, call Weintraub & Wallace at RE/MAX Gold, 916-233-6759.
–JaCi Wallace
