Email ElizabethTheater In Thursday Real Estate
A theater in Thursday real estate yesterday felt a bit like a soap opera. I received an offer and the agent had called me 5 times about how much this buyer wanted the property and was desperate. We had two other offers that were not as promising. Shortly after the seller had accepted this buyer’s agents’s offer, he said the buyers had changed their minds and didn’t want to buy the home.
When I asked why he said: “the buyers had revisited the property yesterday and had simply changed their mind.” As one buyer was out-of-state and the other a truck driver on the road, I wondered how they had revisited the home? I suspect as one of the buyers had not seen the home that it was a determining factor, as it usually is. I always ask agents if all parties have seen the home in person. When a buyer has not seen a property in person, they can often get buyer’s remorse.
Luckily, other buyers came to look at it and they are submitting an offer. This original buyer’s wife was out-of-state and not sure the agent ever showed the property to the other buyer. We will never know the entire story here.
Of course, the sellers who moved out of state and were elated to accept the offer were sadly disappointed with the news. Of course, they were. Imagine you think your home is sold and then you hear that the buyers had decided not to buy it within the course of an hour.
I knew something was up as the offer was not filled out correctly and there were odd mistakes. The agency was not checked, no dates on the contract and several other errors. I sent a counter offer with corrections earlier the same day. The agent said he would draw a new contract and make the corrections. His rewritten offer # 2 was also incomplete. When things do not add up and agents are sloppy with their work, there can be factors at play beyond a listing agent’s control.
My theory: better early on to have a buyer change her mind rather than to drag it on and cancel many weeks later. This home is immaculate and in very good condition. I expect we will sell it very soon to a lucky buyer. The motto here, both buyers should always physically see a property before they make an offer. Touring a home saves everyone a lot of unnecessary drama in the theater in Thursday real estate.
Our team immediately jumped into action and we have an open house scheduled. The online marketing has been updated to attract new buyers quickly. In an affordable price range this property will quickly get back into escrow.
If you would like to buy or sell your home, call Weintraub & Wallace Realtors with RE/MAX Gold, at 916-233-6759.
— JaCi Wallace
Choosing the Price to Offer on a Home
Choosing the price to offer on a home is always a tough decision for buyers. They often expect us to tell them. I always run a market analysis. This shows the fair market value on the subject property. This step gives a buyer the information needed to decide on a price. This article below was written by Elizabeth Weintraub for another publication over a decade ago. It is a quick easy read with great pointers. Enjoy. — JaCi Wallace
Instead of plucking a number out of thin air, there are better ways to figure out how much to offer for a home. Realize that legal issues may prevent your real estate agent from naming a price for you, but your real estate agent can absolutely be instrumental in helping you figure out how much to pay.
In a buyer’s market, you may find these facts to be true:
- Sometimes the price you offer may have little to do with the list price of the home.
- The price you decide to offer may be unrelated to the sales price you will eventually agree upon.
- Sometimes the home is already priced under comparable sales.
Read more about Choosing the Price to Offer on a Home.
Would you like to hire an experienced real estate team that provides valuable information step-by-step through each milestone of your sale or purchase? If so, call Weintraub & Wallace Realtors with RE/MAX Gold. We are here to provide valuable information to you. 916-233-6759.
Should Everybody Buy Flood Insurance?
This is a timeless article written by Elizabeth for another publication over a decade ago. Should everyone buy flood insurance? Well, with the crazy weather patterns we are having across the country, flood insurance seems a great idea, so, ENJOY.
— JaCi Wallace
“Actually, just about everybody should buy flood insurance because it can flood almost anywhere. For example, floods can happen when rivers overflow, it rains for days on end or when a dam breaks. And flood insurance is so inexpensive to buy, compared to what fixing flood damage can cost.
For example, I lived in a coastal home that fell into the ocean in 1981. Nobody expected the home to collapse, but a freak winter storm raised waves that shot ten feet over my house. Further, that home was located in a protected cove that had never been flooded before.
I also owned a home in the heart of Minneapolis that flooded from heavy rains. Kids were surfing down Nicollet Avenue. A few weeks later, hail the size of baseballs cut holes in the siding, tore the screen windows and severely damaged the roof. You just don’t know what could happen!
Read more about Buying Flood Insurance.
So if you have decided to buy flood insurance, this article might help reinforce your idea. You might also review replacement coverage in your homeowner’s policy. Further, if you are looking for a property inside or outside of the FEMA flood zone area, just call Weintraub & Wallace Realtors, with RE/MAX Gold, at 916-233-6759.”
–Elizabeth Weintraub
Gold River Home Updated Beauty
Check out this Gold River updated beauty in a cul-de-sac. This is a classic HOA community with a front private courtyard and a pool-sized back yard. As you can not park on the street for prolonged periods, a 3-car garage is a highly desirable feature. There is a stone fountain and the birds visit and take the cutest birdbaths.
Year built, 1984. This is desirable Miner’s Village in Gold River. Immaculate Powell home, built to last with timeless elegance. Such a rare opportunity to purchase this beauty, an updated single-story 3-bedroom home. This property offers sophisticated style yet is perfect for everyday living.
This is the famous Gold River Dog, beloved Ellie. She is 100-plus pounds but as sweet as can be. She looks stunning in front of this freshly painted door. Ellie loves living here but she also appreciates the home is not far from the American River so she can go swimming. Ellie, of course, is not included in the listing price of $625,000. This home is almost 2,000 Square feet.
Per the seller, there is more than $244,000 in permitted upgrades. For example, the custom kitchen is upgraded to the 9s with natural stone and a large island. Top of the line built-in appliances. Laundry bonus, too, there are two laundry areas. You’ll find vaulted ceilings in the family room and giant size master with 6 gorgeous Anderson sliding doors throughout.
This home boasts so many wonderful features, such as natural light is abundant from each room. The outdoors comes to live with the interior as with so many doors and windows you feel like you are in nature. The office has windows on both sides so it is a great space to work from home.
Looking for privacy? This Gold River beauty offers privacy plus with a front courtyard and fountain. The rooms are spacious and tastefully decorated. A 50-year tile roof and newer energy-efficient HVAC, with crown molding. There is also a 3-car garage with storage cabinets. Don’t you agree that greater Sacramento area real estate is a fantastic value?
The large backyard with a pool size lot feels like a park. You’ll find fabulous energy-saving touches such as a whole house fan and energy-efficient updated HVAC. There are covered patio(s) for outdoor entertainment. There is so much more. We are hoping you will agree this is a must-have type of property; see it today.
11375 Buckeye Hill Court, Gold River, CA, 95670, is offered exclusively by Weintraub & Wallace Realtors at RE/MAX Gold at $625,000.
If you are interested in learning more about this Gold River home, or any property please call Weintraub & Wallace Realtors, with RE/MAX Gold, at 916-233-6759.
— JaCi Wallace
Weintraub & Wallace
Sacramento People Go Crazy
Thought you would enjoy another bit of advice from Elizabeth Weintraub. Enjoy and happy Monday! — JaCi Wallace.
“Some Sacramento people go crazy wild improving their back yards. Gone are the days of the Weber barbecue grill fueled by charcoal. Nowadays, buyers demand state-of-the-art appliances that can cost ten grand for the grill alone; not counting the wood-fired pizza oven nor the refreshment center.
“The question is how do Sacramento buyers put a dollar value on an outdoor kitchen? Much depends on the quality of the materials and type of improvements. So, whether the yard has water features such as a pool, fountain, spa, or all three, and whether the yard is professionally landscaped.
“All exterior surfaces and items should stand up to moisture and weather conditions applicable to your location. Not all superior products command higher prices. So, it pays to inspect the outdoor kitchen and perform due diligence before buying.
“If you do not want to see Sacramento people go crazy over outdoor kitchens, just call Weintraub & Wallace Realtors, at 916-233- 6759. “
— Elizabeth Weintraub
Weintraub & Wallace
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