- Sacramento Real Estate Adventures - Your Sacramento Real Estate and mortgage blog!

Sacramento equity sale: This home just same on the market!

This great little starter home or investment property just came on the market! This home has been updated and a new roof has been put on recently.  It's ready for a new buyer! This Sacramento equity sale is super clean and can go FHA, which can be difficult for a home in this price range and age of home.

5922 67th Street, Sacramento, CA 95824 - $79,000
3 bedrooms/ 2 bedrooms  1091 sqft

If you are looking to sell a home in Sacramento or Elk Grove, please give me a call and I can help you too! I don't just do equity sales, but can assist you if you are upside down in your mortgage. A short sale can be an option to get a home sold when you owe more than your home is worth.

This Sacramento equity sale is ready for a buyer... is it you?

Elk Grove Short sale just on the market! This agent is ready!

This Elk Grove Short Sale is officially on the market and is ready for a new buyer! I recently met with the seller to discuss their options for selling their home.

After our consultation, they realized doing a short sale was their best options.  We signed the listing agreement and have our complete short sale package ready. Now it's time for me to roll up my sleeves and get this house sold!

After leaving our short sale consultation the client sent me this note... "I commented to Dave leaving your office how much of a relief you are bringing me I can sleep a little better not worrying about that house now. You are so wonderful for helping us. If you need anything from us don't hesitate to cal. thank you again :)"

I love what I do and it makes me feel good to help people!

So now my job is to market the home for sale and find a buyer! So who do you know who wants a solid house in Elk Grove in a great neighborhood?

8001 Mansell Way, Elk Grove, 95758
3 bedrooms
2 bathrooms
1327 sqft

This home would make a great starter home or investment property. I would imagine conservatively it would rent for $1400-$1500 a month if you were looking for a rental in Elk Grove.

There is natural stone in the kitchen dining room and hallways and bathrooms. This upgrade make the home shine!

See more pictures at www.PropertiesinElkGrove.com!

Come by and check it out at my OPEN HOUSE 4/14/2012 1pm-4pm!

This Elk Grove home will go quick! There is only one loan with Bank Of America so the short sale negotiation should be fairly quick because there is only one lender who needs to agree to the terms.

Even though this Elk Grove Short sale just on the market! This agent is ready for more! Who do you know who could use my help to sell their home!

Even though I am an Elk Grove Short Sale Agent, that doesn't mean I don't sell homes in other areas of Sacramento! I've got a new on for you in Rancho Cordova!

After an illness with a family member got progressively worse, my clients contacted me to help them with their rental property they could no longer afford.

With loss of income and the stress of dealing with the family illness... these clients were relieved when we signed our listing paperwork to put the home up for sale.

They were getting countless phone calls and letter and they just wanted to focus on the family member that was sick... not their rental property that was in the process of a foreclosure.

Once they realized that saving the home did not make sense for them.. I was called in to solve the problem for them by negoating a short sale for their Rancho Cordova house.

This Rancho Cordova Short Sale is ready for a buyer!

This large home just came on the market in Rancho Cordova as a short sale. Wow 5 bedrooms... Actually there is a 6th legal bedroom that was converted into a dining room! If your buyer is looking for a place where they can entertain and host a lot of people... This would be the home to show them!

This one just came on the market and it is ready for a buyer!

2445 Negrara Way - Sacramento - CA 95670

5-6 Bedrooms
2 Bathrooms
1858 sqft
Built in 1960

Do you know someone else struggling to make their mortgage payment?  I can help them too! Make sure to register for my next Financial Recovery Workshop and get the answers you are looking for!

We may be able to help you save your home! That is the goal. If we can’t maybe a short sale will be the right solution for you!

Don’t forget!  I sell homes in Rancho Cordova too! This short sale just came on the market and I will soon have an offer and we will be in full blown negotiations with the bank to get this short sale approved!!

This Sacramento Short Sale just came on the market.

Looking for a great investment home or starter home? This short sale home just went on the market this week! Take advantage of the large backyard with fruit trees this summer. Plenty of room to store an RV or boat here. A little elbow grease could make this one shine!

Fortunately, I only have to negotiate with one lender on this particular short sale. Which makes the time frame much shorter than if other lenders are involved.

Do you know of a buyer who is looking to buy in this Sacramento neighborhood?

51 Saint Marie Cir - Sacramento - CA 95823

3 Bedrooms
2 Bathrooms
1173 sqft
Built in 1979

This Sacramento Short Sale is a bargain and will make someone a great home or investment property. Do you know someone else who is struggling to make their mortgage payments? I would love to sit down with them and find out how I can help them avoid a foreclosure. Find out more about short sales on my other blog www.ElkGroveForeclosureOptions.com

This Sacramento Short Sale just came on the market and it won't last!

Should I short sale my Elk Grove home or do a loan modification?

Every homeowners instinct is usually to try and save their home from foreclosure.

They try everything they can to save their home. Borrowing money from family, racking up credit card debt, renting a room, or getting another job.

Many of my clients look to a loan modification as a way to save the day their home. Did you know that over 90% of loan modifications fail?

Believe me... I wish this would solve the problem for my client. Although I make my living assisting people negotiate a short sale with their bank... At the end of the day I have a huge heart and I want to see these homeowners save their home.

Unfortunately, sometimes there are no options for the homeowner to avoid having to move. Many look to a loan modification to save the day.

So why don't loan modifications work?

The biggest reason ---------> Homeowners accept unaffordable loan modification terms!

I hear it all the time... It's OK Erin... We were able to negotiate a loan modification and they gave us a 2% interest rate. Wow! That seems like the problem is solved and we can all go about our business. BUT then I ask the client... So for how long is that reduced interest rate good for? The answer I hear most often is 2 years.  Well... How is that going to solve your problem? What happens in 2 years when your loan terms convert to your previous terms? Sounds like you will be right back where you are now???

I think the homeowner hears the 2% and they jump for joy that they get to stay in their home.... Well for now.

No one wants to loose their home... No one wants to move... No one wants a foreclosure hanging over their head... No one wants to tell their family, friends, and neighbors that there may be a problem.

The idea that they can quietly renegotiate their loan terms must seem like a dream come true. BUT is it? Or are they just putting off the inevitable?

Keep in mind that most loan modification result in a higher loan balance to the homeowner too!

If you are behind on your payment, there are past due payments and fees that are stacking up. When you do a loan modification, these back payments are usually tacked to your loan balance.  If you have a mortgage balance of $300,000 and you are $10,000 behind in payments and fees... Your new loan balance will be $310,000.

So they're adding to your loan balance and offering you a short term lower payment.... Hmmmm Do those numbers add up to you?

If you are in the process of doing a loan modification for your Elk Grove home... It's really important that you run your numbers!

If this is an option you are looking at, please give me a call and we can sit down together and run those numbers!  What is your best case option and what does that look like? Will the best case scenario for a loan modification solve your problem long term?

Get your answers and let's get you moving towards your financial recovery. I want to find a way to help you make the loan modification work... But if we can't find a way... I'd love to help you negotiate your Elk Grove short sale and make sure your other assets are protected.

This Elk Grove Short Sale Agent is ready to go to work for you!

This great house in Carmichael closed without much stress at all... Yes it was a short sale!

I sold this home to an investor after the short sale was approved by Bank of America. It took about 3 months to get all of the numbers finalized, because there was a mortgage insurance company involved.

My clients were able to wait it out and they picked up a great house in great condition! They are going to have instant cash flow from this super clean investment home. In fact, they were able to pick this one up for less than appraised value.  All the inspections came out pretty good considering the age of the house and nothing big came up during the transaction.

I have to say this is one of the more relaxing short sale transactions that I have been involved with in 201 as an agent! See just goes to show you a short sale … doesn’t have to be that painful!

If you know of someone who is struggling to pay their mortgage. I ‘m here to help! A short sale could be a way to get from under that payment you can no longer afford! Contact me and we can sit down and discuss if it makes sense to short sale your Carmichael home (or Sacramento for that matter)! Or you can call me at (916) 585-3858 and we can talk right now!

I'd love to help you through this mess! I'd love to apply for the job of being your Carmichael short sale real estate agent!

New short sale in Sacramento just went on the market!

Super cute starter home or cash flow property looking for a buyer! Updated kitchen cabinets and granite countertops galore! Both bathrooms have been updated and feature modern fixtures. Large backyard with a shed is ready for a garden.

4931 76th Street, Sacramento, CA 95820 - $65,000
2-3 bedrooms
2 bathrooms
1180 Sqft
Built: 1952 

See more pictures of this short sale listing at my website >>

This Sacramento short sale is super clean and ready for a buyer! For the price, it would be tough to find a home in such great shape!  If you are looking for something different, don't forget you can search for all home for sale in Sacramento... not just my short sale! 

Contact me today to schedule an appointment to see this home! I am here to help you buy a home this year!   

Erin Newington
Short Sale Real Estate Agent
Keller Williams Realty
(916) 585-3858
           

 Having paying your mortgage? I can help you short sale your home! Contact me and we can sit down and discuss your needs! 

Here is another Elk Grove Short Sale Success Story!

SOLD: 5913  Snow Leopard Cir,  Elk Grove, CA  95757

This week we helped our client get out from under their mortgage payment they can no longer afford.

We were able to successful negotiate with our client's lender Wells Fargo... and create a win- win for both parties.

Our client got to avoid a foreclosure on their record... and so did the bank!

Our team are expert negotiators and work well under pressure... so we were able to help our Elk Grove Short Sale Client get out from both payments they could no longer afford.

Who do you know who needs our help?   www.TodaysForeclosureOptions.com 

Are you looking for a real estate agent in Elk Grove to assist you with a short sale?  Look no further because our team is here to assist you!

Many folks are going through tough times right now in our area and many are struggling to make their mortgage payments. Either because they have seen a reduction in pay or they have lost their job entirely...Every situation is different... Yet many people are in the "same boat" so to speak! 

Regardless of why you are in this position... it's time to figure out what to do next!

Our team can assist you to find an alternative to a foreclosure. A short sale might not be for everyone... but we can work with your other team of advisors (or recommend one to you) to you make the best decision for you and your family.

If you are struggling to make your mortgage payment for a home in Elk Grove... We are here to help!

Visit our website at www.TodaysForeclosureOptions.com for more information about Elk Grove Short Sales!

Our team has an upcoming bank owned home listing in Rancho Murieta, so I thought it would be a good time to take a closer look at this area.

Rancho Murieta is a golf community located 21 miles from the city of Sacramento. Our upcoming listing is located in Rancho Murieta South. 

Here is a look at the homes that are currently for sale, sold, and pending!

If we take a look at the inventory available to buy in Rancho Murieta, there is 6.9 months of inventory left. This means if no homes come on the market after today, we would sell everything in this zip code in 6.9 months.

In June 2010, the average days on the market (DOM) was 45. As you can see, the last 9 months have been all over the board. Homes is Rancho Murieta in June sold for 88% of the original asking price.

Are you looking to buy or sell a home in Rancho Murieta? It's important to keep an eye on what foreclosures are doing in the area.

Overall, foreclosures are up since 2007. The good news is the amount of foreclosures that are being postponed... has increased as well. Most likely, this is because banks are more liely to approve a short sale or a loan modification today than they would in 2007. This also means, in my opinion,  the banks are more willing to postpone the trustee sales.

If you are interested, you can search for homes at my website:

Search for bank owned homes in Rancho Murieta >>

Search for 3 bedroom homes  in Rancho Murieta >>

Search for 4 bedrooms plus in Rancho Murieta >>

Search for homes in Rancho Murieta with big lots >>

Here is a pictures of our bank owned listing that is coming soon in the area! It's a 4 bedroom 2 bathroom home located in Rancho Murieta South.

Check-out video of this home that is not yet on the market>>

If you would like to look at homes for sale in Rancho Murieta, please contact me by calling me at (916) 585-3858 or send me an email at Erinnewington@kw.com! I would love to help!