July 31, 2016 § Leave a comment
A big thank you to TiAmo Images for the photography and drone footage.
25 mls and media ready photos and 2 flyovers helped me market the home in the ❣of Old Elk Grove.
Congratulations to the new homeowners.
June 20, 2016 § Leave a comment
Open House @ 808 N Hobson Avenue
Alex from our sister real estate brokerage, Legacy Properties is holding 808 N Hobson Avenue OPEN from 12pm-3pm on June 26, 2016.
List Price $389,000
A beautifully remodeled gated home with 5 bedrooms, 2.5 baths and a huge, yes, huge lot!
April 5, 2016 § Leave a comment
What is 2nd tier entitlement?
In the past 6 months I have seen this strategy used twice. A VA buyer on one of my listings used her VA loan to purchase a second property.
After hearing the phrase, second tier entitlement I contacted a representative at Cal Vet to explain the program to me.
The basic entitlement available to each eligible Veteran is $36,000. Lenders will generally loan up to 4 times a Veteran’s available entitlement without a down payment, provided the Veteran is income and credit qualified and the property appraises for the asking price.
Veterans who had a VA loan before may still have “remaining entitlement” to use for another VA loan. Most lenders require that a combination of the guaranty entitlement and any cash down payment must equal at least 25 percent of the reasonable value or sales price of the property, whichever is less. Thus, for example, $23,500 remaining entitlement would probably meet a lender’s minimum guaranty requirement for a no-down payment loan to buy a property valued at and selling for $94,000. You could also combine a down payment with the remaining entitlement for a larger loan amount.
To learn if you can make a second purchase right now while you have a first mortgage contact a lender well versed and experienced with at least two of these types of transactions closed. Your eligibility depends on many factors tied to your service and current financial situation.
If you need more information or help, feel free call or email me.
Thank you for reading.
California Bureau of Real Estate
License # 01790507
Code 3 Realty
January 30, 2016 § Leave a comment
Got to love the listing agent that is 100% open to a VA loan.
Yes, there are some properties that just will not be able to accept a VA loan, however there are plenty that do and having an awesome agent on the other side lobbying for your buyer as well is a great thing.
At this very moment, I have three VA buyers and one was accepted on their offer Wednesday evening. Another one starts the house hunt this weekend. And the third is on his way to homeownership as soon as I write up an offer on this listing agent’s property. Are you a veteran from active duty or the Reserves and are unsure where to start?
Ask for help on how to get a VA loan accepted.
If you’re a Realtor and are just a little hesitant to consider accepting a VA loan on your listing or you are tasked with writing VA offers for your buyer start by talking to fellow agents in your office, agents you have enjoyed closing a deal with and if you don’t want to do that feel free to call or text me. I will hash it out with you so you can have a game plan.
We all have a common goal of assisting our buyers and sellers and you would be surprised how many agents are truly happy to talk shop, help each other and see you succeed. Good luck out there and do not forget to thank everyone in uniform you see for their sacrifice and for serving our country.
Let ‘er rip, tater chip
November 3, 2015 § Leave a comment
September 17, 2015 § Leave a comment
There are two reasons Realtors know where every home improvement store is located:
1. Last minute purchase of CO monitors and water heater straps.
I’m sure there are plenty more reasons.
Today I purchased wood to have cut and painted to put new eaves on a home before we finish it with stucco.
I just love home improvement stores. Office supply stores are right up there as well as places I love to shop. Ok, REI and any gear for swimming, biking and running gets me excited too.
Now that 99% of my industry related documents and photos are paperless I seem to only go to an office supply store about twice a year.
It feels like Christmas or my birthday when I go and see the shiny paper clips, and pretty trash cans. Yes, pretty trash cans and shredders that don’t really get much use in an office anymore.
I still love to purchase pretty envelopes to catch the attention of whoever I am writing to and decorate with flower stickers.
And pretty note paper still stops me in my tracks.
A handwritten note, though short and sweet as my hand gets tired wondering why it has to work instead of type is still fun to send.
Have a productive, colorful day!