203K loan

Affordable Home for Sale in The Pocket of Sacramento

home for sale in the pocket

6985 Waterview Way in the Pocket is for sale at $349,000.

If you’re looking for an affordable home for sale in The Pocket on a quiet street with little through traffic, this Sacramento Realtor has an amazing gem for you. First and foremost, it is priced at $349,000, which is a price you can’t really beat for a home of this caliber, size and location. It’s not a misprint. But there is a reason for the price, and the reason is the home could use new flooring and paint.

Even though I stated exactly that in the marketing comments, I still received a few calls yesterday from agents asking why we didn’t disclose it was a cosmetic fixer. I don’t know what to say without sounding snarky about it. I mean, how hard is it to read: home needs flooring, paint and updates? I know my photography can make any home look beautiful, but I thought the photos were fairly straight-forward.

home for sale in the pocket

Living room features a fireplace and vaults with beams.

It’s a buyer’s point of view, btw, that says the home needs updates. From the seller’s point of view the home is fine and functional just the way it is, thank you very much, and I can see that point of view. Unfortunately, some of today’s buyers simply demand the granite counters and the new cabinets that all the flipper investors install. But one could pay over $400,000 for a home like that in this neighborhood.

This is a perfectly lovely home that has been neglected and could use attention. Flooring is not terribly expensive, and paint is certainly affordable. You love hardwood floors? Hey, here is your chance to put them in. Can’t afford hardwood? The new laminates are incredibly realistic and affordable. A 203K FHA loan could help with repair costs for a buyer, so don’t think you have to pay out of pocket. You can finance the future repairs into your existing mortgage today.

Call Dan Tharp at Guild Mortgage: 916.257.1470, and he’ll tell you all about the benefits of an FHA 203K.

This new listing has 3 bedrooms, 2 baths, is 1,670 square feet per the assessor, a single-story ranch built in 1976. The seller might very well be the original owner. You’ll love the open floor plan, the kitchen overlooks the dining area and family room. The family room features a vaulted ceiling with a scattering of real wood beams.

Call your Sacramento Realtor, Elizabeth Weintraub, at 916.233.6759 for a private showing today. 6985 Waterview Way, Sacramento, CA 95831. Listed exclusively by Elizabeth Weintraub at Lyon Real Estate at $349,000.

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