Carmichael, CA Real Estate News

By Tamara Dorris
(Master Your Market Real Estate Coaching)
Mortgage Loan Modification Re-Defaults Expected To Be 60-75%!Submitted by Tim Harris on June 18, 2010  Are loan mods the solution….well, no.Not if you consider the fact that its widely believed that up to 75% of all loan mods will re-default.Agents who are speaking with potential short sale sellers, what is one of the top reasons sellers give for not listing their home?“We want to try a loan modification”Share this article with your howeowners. Let them know that statistically very few mortgage loan modifications actually work beyond the initial period.What homeowners don’t understand is that they will often be required to forfeit many ‘rights’ they may have. For example, we have seen loan modifications that literally make it so if the homeowner misses (or is late)  on ONE payment durin...
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By Myrl Jeffcoat, Greater Sacramento Realtor - Retired
A couple days ago when I was kickin' it in the Greater Sacramento community of Carmichael, I was hungry and ready for lunch, after visiting the Effie Yeaw Nature Center, which I blogged about yesterday.Fortunately, Carmichael has a great Indian restaurant near the Nature Center, at the corner of Fair Oaks Boulevard and Marconi.  Sher-E-Punjab has been recognized on TV Station KCRA 3's A-List of Sacramento Restaurants here in the Greater Sacramento area.The restaurant offers authentic Indian cuisine, and a wonderful lunch buffet, with numerous great tasting curry dishes and Tandoori chicken at an affordable price.   Evening dinner is also especially nice.If you are ever in the area, I highly recommend giving them a visit.  Friendly staff!LOCATION:Sher-E-Punjab6400 Fair Oaks BoulevardCarm...
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By Myrl Jeffcoat, Greater Sacramento Realtor - Retired
(Slide Show contains 11 images)There is an area of the American River Parkway, which I have neglected to share with you.  Shame on me!  Sacramento County's community of Carmichael offers excellent recreational resources and opportunities to capture the interest of residents throughout the Greater Sacramento Area. The American River Parkway, with paved bike trails is an amazing 33-mile ride, which hugs the river from Old Sacramento to Folsom Lake.  There are regional and community parks and attractions, which cradle the Parkway and bike trails along the way.Adjacent to Carmichael's Ancil Hoffman Park - along the north side of the American River Parkway, is the Effie Yeaw Nature Center and Trails.  The area consists of 77 acres.  In addition to the museum, the center provides self-guided ...
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
Tune into my radio show, all about Sacramento, local real estate, and all things positive: www.InLoveWithSacto.com Original Source: www.InLoveWithSacto.tv More videos: www.HappyHomeowner.tv
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
I am so excited to announce a new feature on my FaceBook pages….both my personal and fan pages. Now Sacramento buyers and sellers can go directly to this page and find out the weekly Sacramento housing stats and SO MUCH MORE! How cool is that? I encourage you to subscribe so you can can remain “in the know” when it comes to what’s going on in the Sacramento real estate market.     Don’t forget to tune into my weekly radio show at www.InLoveWithSacto.com and share this facebook link with all your Sacramento Area friends! No TweetBacks yet. (Be the first to Tweet this post) Original Source: www.inlovewithsacto.tv
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
Staring at Sacramento housing stats this morning. I looked down at my little mini-Schnauzer and said, “This aint Kansas, Toto.” (but in full-disclosure, her name is “Missy). That’s when it dawned on me that our real estate market really is a lot like being lost on the Wizard of Oz. Toto (aka Missy) When the big Kansas tornado hit (read: real estate bubble burst), Dorthy (read: home-owners), suddenly found herself lost. She knew she wanted to keep her home, but the Wicked Witch of the West (read: big bad banks) proved that even if she followed the yellow-brick road, she was still getting screwed. Now, enter some of those flying monkeys (read: loan mod fraud creeps), and poor Dorthy is pretty much outta luck. Unfortunately, one of the bad Munchkins told Dorthy that for a mere $3,000 she c...
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
Bending Over Backward for my Clients!   So it occurs to me this morning, while deep in a back-bend pose (yes, that’s me) how much of a correlation there is between being a good real estate agent and a good yogi (not as in Yogi Bear, but as in I do yoga). Flexibility–it would be impossible to be an effective agent, especially in this market, without being flexible. In yoga, we have to learn to bend in all sorts of way, stretching into areas that are often uncomfortable. It’s the same way in real estate. For instance, I remember when I wouldn’t touch a short sale. I wouldn’t show them and wouldn’t list them. My attitude was inflexible because I knew, just like when doing the splits, the change would be challenging. However, once I began to learn the ins and outs of short sales and became...
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
I know times are tough and people are stressed, busy, broke and in some cases, in big financial trouble. We’ve all taken a hit in this economy, and my family sure hasn’t been immune to it. But I say, in times of trouble, we’ve got to worked harder, better, smarter and be of greater service, because there are always those we can help. In my real estate class I tell students about the National Association of Realtors’ survey that says the number one reason homeowners across the country (and of course, that includes Sacramento home sellers) said they were dissatisfied with their real estate agents was because….(drum role, please)…lack of communication on the agent’s part. Now having been someone who’s had agents not return my call, I know how frustrated I get. Don’t get me wrong…I know som...
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
  One of the questions I often get from Sacramento and Carmichael homeowners, seller and investors is: what upgrades should I make that will get me a profit? And I always say the same thing: Kitchens. Could it be in that age-old tradition of families congregating in the kitchen to prepare family meals? Perhaps it’s because, statistically speaking, women are the primary decision-makers when it comes to picking out the perfect home, and well, women care about kitchens. Whatever the reason, the fact is that kitchen upgrades tend to end up being smart investments. That doesn’t mean turn your kitchenette into the Taj Ma Hall, but it does mean replacing appliances (think energy-efficient), counter-tops and flooring. If you’re on a budget, painted cabinets with a gloss-finish always are in vo...
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By Tamara Dorris
(Master Your Market Real Estate Coaching)
Many Sacramento, Carmichael, Arden Park people are having a hard time. Most cities and states are too. Clearly, we are in tough times. People are losing their homes and their jobs quicker than any of us can believe. Some people are pointing fingers, but quite frankly, I don’t find that very useful.   We can blame it on the government, the banks, the war or a bad hair cut, but the bottom line is this: We need SOLUTIONS. Let’s work on fixing the problem, not researching the causes. Don’t don’t misunderstand me….I DO think that following our trail backward can and will helps us better prepare for a new game plan and keep us from falling into same trap on down the road. The past speaks volumes, and I think we’ve all learned some pretty important lessons, but again, is it any ONE entity? Bla...
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