Five Common Mistakes Sellers Make
March 24th, 2012 categories: Citrus Heights, El Dorado Hills, Fair Oaks, Folsom, Home Selling, Real Estate, Rocklin, Roseville, Sacramento, Short Sales
And how to avoid them. (1 of 5)
As a real estate professional I work with many buyers and sellers every year and often hear stories about the seemingly small mistakes of past real estate transactions that ended up costing aggravation and more importantly money. In the spirit of prevention I offer this special report to those of you who are not my client yet and hope you will find it informative and help you to see that I am concerned that your transaction goes as smoothly as possible.
1. The Wrong Price
A surefire way to get less than the fair market value for your home is to overprice it in the beginning. It sounds contradictory, but it is true. There are several reasons for this. First, if you home is more expensive than the similar homes in the neighborhood, fewer buyers will choose to even look at it. Why would they waste their time? And the buyers that do decide to look at your home will likely use it for comparison to justify their decision to purchase a different home. “See? A similar home but a lot more expensive. We should get the one we saw yesterday – it’ a bargain compared to this one.” Additionally, the longer your homes remains unsold, the less interest it will generate among buyers. Eventually, when it’s been on the market longer than the other similar homes, buyers will start to think that there is something wrong with it. You are then forced to face the real possibility of being forced to sell it for less than its real value. So the lesson is to be sure your home is priced correctly from the beginning saving time, aggravation and money.
Overpricing is not the only pitfall that sellers fall into, some even underprice their homes. How do you know your home’s real value…by getting a professional Comparative Market Analysis (CMA). A CMA will show you what similar homes in your area are selling for and how long it takes to sell them. You will be able to see the range of values that your home falls into and then determine an accurate asking price. I offer CMAs for homeowners free of charge. Just give me a call or send a request via email and I’ll prepare it for you at no cost or obligation.
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Roseville, CA ranked #90 Best Place to Live
October 9th, 2008 categories: Folsom Lake, Golf, Granite Bay, Roseville
Money Magazine 2008 Winner
Roseville, CA is a great city located along Hwy 80 half way between San Francisco and Lake Tahoe. Situated in the Sierra foothills of the Sacramento valley this up and coming town claims #90 in the top 100 places in 2008 to live in the United States according to Money Magazine.
Historic Roseville has a quaint downtown area with a new civic center, classic movie theatre and local shopping with antique stores and assorted local vendors. They host an Art Walk every 3rd Saturday from spring to fall and there are a variety of street fairs that support charities and special events during the summer months.
Granite Bay is the bedroom community located next to Roseville and was once part of this city. It is similar to El Dorado Hills in that it has a more affluent population and caters to the upper end real estate shopper. The private Granite Bay Golf Club is located in the middle of this lovely area and is available for special events.
West Roseville offers incredible shopping thanks to the Galleria. When this mall opened in the early 2000s, it was showcased as one of the newest concepts in shopping mall design. The expansion has yet to be complete with an additional wing just opening called the Fountains. Located across from the main mall this new center offers Whole Foods as the main anchor.
East Roseville offers a more tranquil setting with established neighborhoods and easy access to Folsom Lake. Homes on acreage are still available and working farms offer roadside produce that get plenty of business from the locals. On the weekends, you will see bicycle clubs riding along Auburn-Folsom Road with both types of bikes sharing the road.
This northern section of the Sacramento valley offers virtually every sport imaginable and is located within 1.5hrs drive to some of the world’s best winter sports in Lake Tahoe. If you are considering a relocation please give me a call and I’ll be happy to get you started.
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