home in roseville
Do Not Run Out of Gas on Moore Road in Placer County
The one place you do not want to run out of gas is on Moore Road as it changes from Placer County to Sutter County, let me tell you. I came home late the night before because I had an early evening appointment in Fair Oaks to list a home, followed by a stop at the Sacramento Board of Realtors Masters Club Mixer, held at an enormous 7,500 square-foot home for sale in Carmichael. I didn’t want to make my husband hold dinner any longer than 7:30, so I didn’t stop at the gas station on my way home, figuring I’d do it on my way out in the morning.
Except you know how that goes, and I did not think about it as I headed out to Roseville the following morning. Nope, I was thinking about the home in Sun City, which list in the Bay Area I might market to and how the seller was doing that filling up my gas tank did not cross my mind. Not until I was on my way back, and I drove past my turnoff on Baseline because I was yakking on my cellphone with a seller from Midtown who is ready to buy in Roseville. She could not believe that yes, one of my team members would be delighted to show her homes in Roseville.
I drove into no-cellphone-coverage territory and my call dropped on Moore Road. It’s a two-lane road with a ditch on each side, so if you run out of gas, you have no choice but to leave your vehicle on the road where somebody else is likely to smash into it. Lovely thought. Assuming the swooping planes overhead don’t crash into you first. Looked like several single-engine planes, bright yellow, were crop-dusting except they were flying very low and sideways over fields of water.
When I asked SIRI for directions to the nearest gas station, she could not access the Internet. The gas tank on my car read: consider remaining mileage. So polite, those Italians. Yes, let me ponder the remaining mileage before I panic. SIRI then suddenly found a signal and led me 8 miles out of my way to a closed gas station on West Riego Road. I’m beginning not to like SIRI anymore. I am cursing SIRI under my breath, but hey, lookie here, I am about to get on 99 and head south: SIRI where is the closest gas station?
Del Paso Road in Natomas, but she didn’t specify which way to turn. 50 / 50, I chose east. Sure enough, SIRI demanded a U-Turn. I am now muttering some not very nice things about SIRI as I notice, hey, a gas station. A Chevon station. Right there on my right, with a whole bunch of pumps . . . and every single one of them is busy. Wait, one opened up. I zipped in. Whew. Except my gas tank is on the other side of the car, which means the pump hose is not long enough to reach my tank. I press my body into my car for leverage and pull. An inch short.
I had no choice but to lay the hose on the ground, try not to run over it as I repositioned my vehicle in the tight space available between the hose and the car behind me. Please, nobody light a match.
Those at the gas station were undoubtedly witnessing this fiasco and wondering what in the world I was doing. But it’s OK. See, I’m in real estate and that kind of stuff is allowed. At least, that’s what I tell myself every time something like this happens. To be fair, I have yet to run out of gas, but yesterday came pretty darn close to it.
The Worst Sacramento Short Sale
A bouquet of daisies can brighten up just about any old dreary situation — whether it’s a Sacramento short sale that’s driving you nuts, the fact you’re living back home with your parents as 36.4% of Sacramentans adults aged 18 to 31 are according to 2011 Census Bureau data, or maybe you feel too sick to go to work because you’re just plainly sick of work. I have a lot of daisies growing in my yard in Land Park, which I didn’t plant, but they’re thriving in the back yard gardens just the same. So, I hope you like the photo I shot of the daisies I picked.
Daisies perk me up. You can’t help but smile when looking at them. Daisies are probably the happiest flower there is. Even when they’re twisted and growing weirdly to reach upwards toward the sun because some person, I’m not saying who, has not weeded the crap around them, daisies are still joyful. Dancing. Spreading glee.
Unlike the poor soul who called yesterday about doing the worst short sale ever. I looked up the property in the tax records first because that tells me a lot about the seller, the property and what’s happened over the years. Let’s say this condo is in Roseville. It was enough to ascertain that the homeowner had probably been involved in a loan modification for a while. Yup, I was right about that. Plus, he last made a payment 2 years ago. Those things are actually pretty good aspects for a potential short sale in Sacramento.
On the other hand, an interrupted bankruptcy not yet dismissed, another bankruptcy petition on the horizon and a hard-money second mortgage without a loan number, which has most likely been charged off, are not good things. A homeowner can’t do a short sale when a bankruptcy is pending. His Sacramento short sale agent can’t negotiate a second mortgage without a loan number. Hard-money lenders play hardball, if they play at all due to the nature of recourse. And, let’s not even talk about the potential for federal income tax liens or that the homeowner’s association is threatening to sue for $25,000.
Buyers will pay for a lot of things in a short sale. Some buyers will even pay delinquent HOA dues on behalf of the seller, but it’s got to make financial sense. I finally had to ask the caller if he would like to look at the situation objectively. I mean, let’s just isolate one aspect such as the delinquent homeowner dues. First, I don’t know how a homeowner’s association can claim it is owed $25,000 when the dues are around $300 a month. Are they demanding a percentage of equity?
But let’s just say that number is correct. This person’s Roseville condo is worth about $150,000. So the question is if a buyer is paying $150,000 in cash to buy this condo, is there an incentive to pay an additional $25,000? The Sacramento market is hot, but it’s not that hot. The seller agrees. He has questions he needs answers to and more information before choosing a course of action.
Actually, his short sale could be worse. I can think of more things that would make it worse, but why make myself or anybody that miserable? If you’re wondering about a short sale or maybe just selling a home in Roseville, you can call Elizabeth Weintraub at 916 233 6759, and we’ll analyze your situation together. Every short sale is different. Even the worst ones.
*Some of the facts have been changed to protect the homeowner’s privacy.