short sales sacramento

Would You Like to Adopt Two Rescue Chihuahuas from Land Park?

rescue chihuahuasYou know what’s really great about working as a veteran Sacramento real estate agent who has extensive short sale experience? There is a certain amount of respect for my short sale knowledge bestowed upon me by my clients. Everything else real-estate related? Forget about it. Forget about all of decades I have worked in real estate. Forget about the fact I sold $32 million last year. Forget about the fact media recognizes this Sacramento real estate agent as an expert to regularly interview. Forget about the fact that I write about Homebuying for About.com and have for years. None of that matters to some people. But talk about a Sacramento short sale and my name lights up the sky.

There are some days that I feel just like Rodney Dangerfield because let’s face it, the public, on the whole, are often led to believe that being a Sacramento real estate agent is easy-peasy work and anybody with a cellphone could do it because hey, look at their aunt, their cousin, their next-door neighbor! If a person is hoping to be respected and valued, a person should not search for those kinds of accolades in real estate.

White and Tan ChihuahuaIf you want to be unconditionally loved, get a dog. In fact, get two of them. Twice the love. Have you ever thought about adopting a couple of Chihuahuas? I happen to have a pair living in my back yard, and we’re going on Day 4 of the rescued Chihuahuas now. You will see those dogs are no longer considered “lost Chihuahuas in Land Park” or even “found Chihuahuas in Land Park,” they are rescue Chihuahuas. And they are available for adoption to a good home.

Brown chihuahua pointingWe took the rescued Chihuahuas to the Sacramento Animal Shelter yesterday, filed a Found Dogs report and brought them back to our home in Land Park. Also, had them scanned for microchips, but like no collars, no microchips. Come to think of it, two of my cats are microchipped and one is not, so next visit to the vet, guess what? None of the cats venture outdoors. But there could be an busted-open screen, a door left ajar or they could encourage a passerby to break-in and trade our big screen TV in exchange for freedom, you just don’t know.

As we were going through the July Lost Dogs book, which is a big book filled with pages for every day of the month (4th of July was a really busy day) I noticed my clients’ name in the book. These are wonderfully genuine people, the kind you don’t forget. I represented them as buyers when they purchased a home in Land Park 7 years ago. It was a case of not overlooking the overpriced home. They were also my sellers, and I represented them as their listing agent on the sale of their existing home. I managed to sell their home in Elk Grove in the nick of time to fund the purchase of an overpriced home in Land Park. It was a complex escrow for both selling and buying, but they listened to me, trusted me, and I got the job done. Which is what they said when I called them to ask if they ever found the lost Chihuahua they filed the report about.

The husband said he did not want to talk about two rescued Chihuahuas, so I asked him to put his wife on the phone instead. Not going for it. Call Elizabeth Weintraub at 916 233 6759, if you would like to adopt a couple of super cute and lovable Chihuahuas. If you want to buy or sell your home in the four-county area of Sacramento, well, you can call me for that, too.

 

Active Short Sale vs. Active Short Contingent Listings

My phone rings all day long with buyers wanting more information on homes in Sacramento, especially on short sales. The problem is half the time they are calling from listings on Zillow or Trulia that are not for sale. I can see that buyers sometimes think real estate agents are overlooking or hiding homes from them, and they find these secret homes on Zillow or Trulia and get all excited. I hate to say this but by the time a home shows up on Zillow or Trulia, it’s probably either sold or it was never for sale in the first place.

We live in an instant society and people want instant information. We have little to no patience. We want it and want it now. You can have it now if you’re looking on an agent’s website that pulls data directly from MetroList. Not the public MetroList, which delivers limited information, but the full-blown stuff you get from a Sacramento real estate agent.

Yet, there is one little tweak with MetroList that I keep hoping will get fixed because it’s pretty darned confusing for home buyers. That’s the Active Short Sale status modifier, which is bundled with the Active Short Contingent status modifier. Generally speaking, when a short sale is sold, a seller has choices when changing the status of that listing. The listing can be changed to:

As long as the listing is changed to one of the last two modifiers, it will reflect as pending in some manner in MLS. This means the seller does not want anymore offers. However, if it is changed to Active Short Contingent, it means the seller will consider back-up offers. A back-up offer does not mean a buyer gets to buy the home. The buyer will get the home only if the first buyer cancels.

But don’t you think a buyer would like to know if that short sale is really available for sale? I think so. Yet, a buyer can’t tell if the listing is available for sale or not unless a buyer knows the secret. The secret is to look at the listing (yes, you’ve got to click on it and open it up) at the very bottom right-hand corner. If you see “active short contingent” in that spot, it means you can only write a back-up offer.

Even though I explain this over and over to buyers, they can’t see it. So, I am writing this blog and including a self-imposed photo over an existing listing. I can’t show you the entire listing because the active short status at the top is a long ways from the active short contingent at the bottom, so I’ve just cut out the middle for you.

It’s tough enough to figure out the difference between active short sale and active short contingent, but the way MetroList reports it for you, you can’t even find it.

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