Email Elizabethshort sale sacramento
Hey See This New Listing: Remodeled Home in Foothill Farms
5901 Meghan Way, Sacramento, CA 95842 is for sale at $180K.
My new listing hit the market yesterday, it’s under $200,000, and it’s a remodeled home in Foothill Farms. That’s all you really need to know but I’ll give you the rest of the details. The living room has laminate flooring that looks like real wood, and crown molding. You will also note an oversized stained glass front door and a ceiling fan.
The seller is a house painter by profession, evident by some of the two-toned rooms. You’ll find ceramic flooring in the kitchen and dining area, an updated kitchen with granite counters, newer cabinets, stainless appliances, and plenty of storage space. Seller says the refrigerator can stay, but you’ll need to ask for it in the purchase contract.
One thing you need to know about this new listing and the remodeled home in Foothill Farms is it is a short sale, and not just any ordinary short sale, it is a Freddie Mac short sale with two loans. This means it will take a considerable amount of time to negotiate, perhaps 90 days. So enter that time frame into your equation for buying a home. If it works for you, then this might be a good time to buy a home in Foothill Farms.
The home features 3 bedrooms and a remodeled bath, with ceramic floors and a new vanity. There is also a big back porch that is enclosed and presently used for storage. Of course, the garage holds two cars and is attached. The seller will remove the above ground pool in the back yard.
The main thing this home needs is to repair or replace the siding. For that reason, it probably will not pass inspection for an FHA or VA loan. But if you’re willing to fix the siding prior to closing, and that can generally be arranged during your 30-day escrow period after approval, you could probably use a government loan to buy this remodeled home in Foothill Farms.
Call the listing agent, Elizabeth Weintraub, at 916.233.6759 for more information. 5901 Meghan Way, Sacramento, CA 95842 is offered exclusively by Lyon Real Estate and Elizabeth Weintraub at $180,000.
Rain in Sacramento and Short Sale Woe
An unusual thing is happening in Sacramento today. It is raining. There is a Delta breeze in the morning, which is usually reserved for late afternoons and early evenings. The temperature is 65 degrees at 9 AM; it’s cold. I kind of like it. It’s a bit like short sale woe.
I miss the romanticism of thunderstorms and afternoon summer rain. We don’t get that kind of weather in Sacramento; it’s not like the Midwest. There is always some tradeoff in life. If you want to live in Sacramento where it’s sunny all of the time, well, you put up with the fact that it just doesn’t rain often in the summer.
Some things you just accept because there isn’t much you can do about it. Like starting a short sale over. Yes, that kind of short sale woe. I know agents who will throw in the towel when the short sale lender says no. But I don’t give up. Because I know that the no answer means I most likely need to repackage the short sale in the manner that will cause the lender to say yes.
I’ve had my share of temporary declines, but a rejection doesn’t mean no short sale; it’s not short sale woe for me. It is very, very rare for this Sacramento real estate agent to completely lose a short sale because a bank would not grant approval — I can count on one hand the number of times it has happened. Most of the time, a short sale is lost not due to bank rejection but because the seller gives up. The seller just can’t go on. I understand that sentiment, too. I would never try to force a seller to continue in a short sale when the seller has run out of steam. But if you want to get to closing, I’m your agent.
I plan to enjoy the rain today. Even though it makes my hair frizz. Maybe, if I’m really lucky, I’ll spot a rainbow!
