Amazing Sunset Views and Beautiful Home with Pool!

Eback

PRICED TO SELL AT ONLY $699,000

This beautiful home in the gated, golf course community of Catta Verdera is located on a premium lot at the end of a cul-de-sac and has a true “California-Style” floor plan. Designed with entertaining in mind, this home features a fully enclosed interior courtyard, a central kitchen, private casita, and a 1/2 acre lot with a gorgeous pool. Built in 2005, this home includes 5 bedrooms, 4.5 baths plus an executive den. Appointed with the finest amenities and upgrades, you will be impressed with hardwood and travertine flooring, 5¼ inch base, crown molding throughout, plantation shutters, cased picture windows, built-ins and many other architectural details. The bright kitchen features stunning granite countertops, stainless appliances, maple cabinets, prep sink, bar-style seating and an open feeling that is uncommon in most homes. The whole home and yard are conducive to entertaining. From the relaxing courtyard and private casita to the outdoor surround sound and custom Pebbletec pool, you and your guests will truly enjoy this home.  The spacious master bedroom has back yard access, dual vanities, oversized shower, soaking tub and a walk-in closet with organizers. The handyman will make use of the 4 car split garage, garage organizers and workbench. Other great features include new exterior and interior paint, smooth stucco, 2 hot water heaters, security patrol, walking trails and so much more!

Act today, this is one of the lowest priced homes in the Catta Verdera community! Call 916 408-2222 for a private showing.

 Cpatio
Afront

Click here to see the video tour!

Now We Feel Official!

new office sign2

We finally had our new office signs completely installed today. The crew that worked the other day got the sunshine, the guys doing the back sign facing Sterling Parkway had to do it in the rain today. We felt bad for them but not bad enough to go out and click a picture!  Our new location is at 741 Sterling Parkway, Suite 300, Lincoln CA. The spring market is already heating up, the volume of seller and buyer calls has gone up immensely and there are more listings going to market in the last few weeks. I’ve been telling some agents that have been worried about the seasonal slowness to hold on, because this is going to be a crazy (in a good way) year in real estate!

New Office Location! Realty World, Lincoln, CA – Garth Evans

Office pic (2) office3

In order to serve our clients better, we have moved to a new office! We are now located at 741 Sterling Parkway, Suite 300, Lincoln, CA 95648. We are happy to be in a nice, new building and close to a lot of lunch options. After you stop in, you have a lot of choices. Subway is just next door, Red Robin, Sterling Café, Ninja Sushi, Jamba Juice, A&W, Casa Ramos, DT Noodles, Mountain Mike’s Pizza, Suan Thai Bistro, Beach Hut Deli are all close by. If you are feeling like some donuts, there is even a Pink Box Donut shop. I’m sure I’m missing a couple… I might actually be able to grab a sandwich now and then!

Stop by and we’ll be able to tell you current homes for sale, our personalized marketing plan for your home and all about the real estate market in Lincoln, CA.

Enhanced by Zemanta

Real Estate prices trending upward in Lincoln, CA

As I looked out the back window on Saturday, I noticed that the ornamental crab apples trees are starting to bloom. Spring is just around the corner and the real estate market is heating up even more. The last few years have been extremely interesting for real estate in Placer County. We saw the foreclosures come through and every second home on the market seemed to be a foreclosure with holes kicked in the walls, missing appliances and other damage. We saw the short sale boom and it went from being a situation where the owners didn’t want the neighbors to know they were selling, to it being commonplace and almost a trendy thing to do a “strategic short sale”. While bank-owned properties are still popping up and short sales are still happening, we have seen a definite change over the last 6 months. Most listings are seeing multiple offers and we are seeing more and more “regular sales” where we have an actual homeowner with some equity and a buyer that is purchasing to move in. I have read a lot of the predictions for where the market is going this year and most experts tend to agree that we will continue to see appreciation this year. The California Association of Realtors forecasted that the median home price in California would increase by 5.7 percent. Each market place is different and I think we will see an increase of well over the predicted statewide appreciation. We are seeing homes that sold last year for under $200,000 now selling in the $250,000 range. On the higher end, I have seen examples of homes purchased last year for $500,000 that would now easily sell for $600,000. Both of these are examples are around a 20% increase. Even within Lincoln, the rates of appreciation will be different in different neighborhoods and different price ranges.

Will appreciation continue? There are some indicators that we can watch to predict what will happen. The first one that is affecting our area significantly in terms of pushing the prices higher is supply and demand. Right now, the demand far exceeds the supply in most price ranges. Days on market are low (with the exception of short sales) and multiple offers are common. When we start to see the supply rise and days on market go up we can predict that the rate of appreciation will start to level off. I do think that because our demand far exceeds our supply that this won’t start to balance out at least until the end of summer.

The second indicator to watch is the interest rate. Interest rates are very good right now and a borrower’s buying power is quite strong. As rates go up, affordability goes down and this causes home prices to level out or even start to drop. A general rule is that as rates go up, prices go down. We have continually been hearing (over the last 3 years) that rates are going to go up. This hasn’t really happened. At certain times they may have ticked up a little but overall rates have been great. We’ll have to see what happens.

The current market is good for sellers. If you are thinking about selling this year, I wouldn’t wait too much longer to do it. There will be more homes coming on the market this summer, so get a jump on the competition. Call me to see what your home is worth, you may be surprised! I can put together a CMA (comparative market analysis) for you for free. This is a fun time for me being able to tell people their homes are worth more than they thought they were. I like to be able to give good news! A few years back it was exactly the opposite, people thinking their homes were worth much more than they really were…Give me a call, I’ll give you a number that is realistic and based on comparable sales. Hopefully the real estate market and the overall economy will head in the right direction!

Enhanced by Zemanta

Will your offer be the chosen one?

Will your offer be the chosen one?
Many buyers are hearing about the dramatic drop in prices and have the misconception that they can jump into the market, make a lowball offer and get an acceptance right away. The reality of what we are seeing in today’s market in Placer County is far from that. Although it may look like there is a lot of inventory out there, the number of available “quick close” homes are relatively low. That being said, we are now again seeing multiple offers on good homes. If you are serious about writing an offer that has a chance of being accepted and that shines above the rest, there are some tips that you may want to consider.
Get preapproved-You must have a lender preapproval letter ready to submit with your offer. Get preapproved in advance and keep an updated letter on file. Sometimes on bank-owned properties you will be required to get preapproved by the lender who owns the property. Your agent can help facilitate this but be prepared to make this happen. Time is of the essence and can mean the difference between getting the home or not.
Get property history-Ask your agent to give you the history on the property. Finding out how long the property has been on the market and if there have been any price reductions can help in your offering price strategy.
Know the “Comps”-Your agent should be able to give you a list of comparable sales and current listings in the neighborhood. The comparables should be similar in age, square footage and appointments. Most sellers and sellers’ agents know what other properties have sold for and usually expect to see a similar offer. Some sellers price substantially under market as a strategy to create a bidding war. If you know the property is worth $50,000 over asking and submit that type of offer from the start, you may get lucky and be a new homeowner in 30 days. Your agent should know your target area and have a good knowledge of the comparables. Rely on your agent for good information in this matter.
How many offers are there?-Have your agent ask if there are multiple offers. If there are more than a few, you can probably guess that you will have to pay list price or above. If there aren’t any offers and the house has been on the market for more than a couple weeks, you should be able to go in with a lower offer.
Financing-Cash offers will always stand out and can usually get the property a little lower than an offer with a loan. If you know you are up against cash buyers, you may want to raise your price. Also, sellers will look more favorably on certain types of loans. Talk to your agent and loan officer about how the seller will view different loan programs.
Other terms-The sellers don’t only look at price. There are other terms that can make your offer stand out. Who is to pay title and escrow fees? Will there be inspections? Will the buyer ask for repairs? How much is the earnest money deposit? Consider shortening your inspection contingency period as another strategy to make your offer look better. Work with your agent and realize that there is more to an offer than price.
Knowledge is power-Find out as much as you can about the property you are interested in. In this market you may have to make a quick decision and you will need to rely on your agent to ask lots of questions to help figure out what the sellers’ hot buttons are. Don’t feel shy about talking to the neighbors or making some calls yourself. It can be interesting what you will find out and this could turn into getting your offer accepted above the rest.
Have fun with the process but take it seriously and choose an agent that you trust to get the job done right. Choose someone with the right mix of knowledge of the area, someone who is aggressive but not pushy, knowledgeable but not arrogant and someone that is truly looking out for you.

Road Map to a Real Estate Transaction

Gold Country Media asks me to write articles for the Inside Lincoln Magazine and for the News Messenger every now and again. Here is one I wrote that gives an outline of a real estate transaction. I think it is important for buyers and sellers to have an  understanding of what goes on behind the scenes. There are a lot of phone calls, emails, coordination and time spent by good agents. It is more than just putting a sign out or writing an offer. This is still oversimplified but gives an idea of what happens:

Road Map to a Real Estate Transaction

Some buyers and sellers really aren’t interested in the details of what goes on during a real estate transaction. Others want to be very involved and want to know all the inner workings of a deal. There are some real estate agents that would rather keep their clients in the dark, but it is important for both buyers and sellers to be educated regarding the process. This article will give you a quick outline of what you may expect during a real estate transaction.

1)      Listing agreement and preparation for market. Seller will meet with the agent they have chosen and sign a listing agreement that clearly shows the price the property will be listed at and the term of the agreement. The agent should make recommendations about how to make the property more marketable. Pictures will be taken and other marketing will be prepared. Video tours are becoming more popular for the higher price range.

2)      Showing the property. The listing agent and other buyer agents will show the property. It makes it much easier to show if the property has a lockbox and the owners aren’t present at the time of showing.

3)      The Contract. The buyer agent will meet with their buyer after showing the property. It is not uncommon for a potential buyer to look at the home more than once. The agent should give advice about actual value of the property. The list price may be higher or lower than the comparable sales and the agent should show the buyer some of the past sales in the neighborhood. The buyer must be preapproved and the agent should work with the buyer and their loan officer to formulate the offer. The listing agent will go over the offer with the seller and either accept, counter or reject the offer.

4)      Once an offer is accepted it becomes a contract. At this point, a lot of things happen simultaneously. Escrow is opened with a title company; the preliminary title report and a natural hazard disclosure are ordered. The buyer’s earnest money deposit is submitted to escrow and inspections are scheduled. The seller will fill out disclosures with their agent and the buyer will be able to review them. The inspections may include a pest inspection and a whole house inspection. Depending on the property you may want to do a well test, septic pumping, pool inspection, roof certification or other tests under the advice of the agent.  At the same time the loan officer will be asking the buyer for updated documentation, order an appraisal and be working to package the loan for underwriting.

5)      Contingency removal. This is an important step in the transaction. There is a set time for the buyers to do all their inspections, review the disclosures, get the appraisal and have the loan approved. In most transactions the period is 17 days, but lately some sellers require that the period is tightened up to 10 days or less. The buyer’s agent will have a form that will need to be filled out that indicates everything is in place and the buyer is ready to move forward to close the deal. In a regular transaction, there may be a request for repairs that should be worked out prior to contingency removal.

6)      Final walk-through and signing. The buyer will do a final walk-through within 5 days of the close of escrow to make sure the property is in the same physical condition as when they made the offer. They will check to see if all of the agreed upon repairs have been done. Both buyer and seller will have appointments set with the title company to sign all the final transfer documents. The buyer package will be larger as it will include their loan documents as well. Buyer will bring in their down payment money and after the documents are signed, the title company will request funds from the lender and then send the transfer deed to the county to record. Upon recording confirmation, the title company will notify the agents and the buyer will get the keys.

This is just a general outline and simplification of what should happen during your transaction. Every transaction is different and each has challenges that will need to be met and overcome. It is important that you have a good agent that is aware of the timelines and has good communication with the parties involved. As a buyer or seller you may not be aware of all the work that goes on behind the scenes. Contact a professional agent in your area to work for you in making your transactions seem easy.

Another Exclusive Verdera Estate

4200 Monteverde Drive, Lincoln, CA 95648

Elegant and luxurious, this home is designed with entertaining in mind! Situated on a choice cul-de-sac lot in prestigious Catta Verdera, you’ll feel like you are at the resort. At over 5800 sf, this home includes 6 bedrooms, 5 baths, a home theater room, loft, separate formal rooms and finished garages. The gourmet kitchen features Viking appliances, granite slab countertops, top of the line cabinets & full butler’s pantry with prep sink and extra dishwasher. You’ll be impressed with the way the rest of the home wraps itself around the dramatic circular formal dining room. Just off the dining room, enjoy the open feel as the french doors lead to the expansive, exposed aggregate courtyard. Spend time cooking at the outdoor kitchen or unwinding with friends and family in the heated pool. Rinse off in the outdoor shower before you take a dip and take a nap afterward in the private pool house. Everything has been done to a higher standard! The Caribbean Blue Pebbletech bottom pool includes removable fencing, a built-in spa with spillway, rock waterfall and other water features. The manicured, private yard feels more like a park with flagstone walkways, stylish fountain, citrus orchard and a variety of trees and shrubs.  Every aspect of this home highlights the attention to detail. The custom accents of the inlaid medallion mosaic, the old-world stone style fireplace mantels and the unique lighting fixtures add interest in each room. Throughout the home there are numerous functional upgrades including surround sound, central vacuum, security system with camera capability, fire sprinklers and a tankless hotwater heater. This home is truly a masterpiece!

Watch the Video Tour on this one: http://www.youtube.com/watch?v=93VtbbehRMo&feature=related

Call for a complete list of upgrades and to schedule a private tour.

Amazing Catta Verdera Golf Course Views!

4141 Monteverde Drive, Lincoln, CA 95648

NOT A SHORT SALE OR BANK-OWNED! QUICK RESPONSE AND QUICK CLOSE!

This beautiful home in the gated Catta Verdera Community is located at the end of a cul-de-sac and has amazing 180 degree views overlooking the golf course! Appointed with the finest amenities and upgrades, you will be impressed with the interior every bit as much as the gorgeous views. The exquisite kitchen includes granite slab countertops, rich mahogany cabinets, professional grade stainless Thermador appliances and marble limestone flooring. Enjoy looking out to nature from the many panoramic arched windows of the bright kitchen nook.  This home has a wonderful floor plan with a ground level master, formal living and dining rooms, spacious guest room, tech/library area, bonus room and 4 additional bedrooms (3 with balcony access). The generous master opens to the back yard and includes an impressive master bath with a jetted tub, split vanity with overmount designer basin sinks and a large shower. Relax and enjoy sunsets and the soothing sound of the babbling brook from the full length balcony or extensive patio. The oversized 4 car garage is completely finished with double garage door opener and epoxy floors.  Other upgrades include surround sound, extended fireplace hearth and custom mantels, imperfect smooth walls with custom paint, premium carpet, inlaid stone medallion mosaic and detailed transitions, central vacuum and so much more. From the stunning views to the magnificent upgrades, this home is a once in a lifetime opportunity.

To see the Video Tour on YouTube, click on the following link:

http://www.youtube.com/watch?v=cTD5WC1ECtA

Call today for a full list of upgrades and to request a private showing.

Perfect for 1st Time HomeBuyer or Investor In Lincoln, CA!

Spring seems to be here and with the nice weather last week,  there has been quite a lot of real esate activity. Last week we signed listing agreements with 3 couples that have asked us to sell their homes. All three are under $200,000 and in great condition. Here are the details:

2002 Rickenbacker Lane

 

2002 Rickenbacker Lane, Lincoln, CA 95648-Well designed floor plan at Lakeside in Lincoln. You’ll love the open feel of the kitchen and family room areas. Warm, neutral paint colors, tile counter with extended backsplash, built-in microwave, alarm system and much more! Full back yard landscaping with stamped concrete patio, mow curb and auto sprinklers. Located in a nice new, friendly neighborhood and just down the street from a park. Close to schools and community sports fields. Listed at $179,999, all offers will be considered.

 

 

 

222 D Street
222 D Street

222 D Street, Lincoln, CA 95648-A recent remodel on this cute bungalow in downtown Lincoln makes it move-in ready! Hardwood flooring, carpet, custom paint, central heat and air, crown molding, wainscoting, and more. You’ll love the bright and spacious kitchen with oak cabinets, white appliances, tile flooring, gas cooktop and decorative tile countertops. Great location close to McBean Park. This home also has a detached garage with alley access and an inviting front porch. Great price and perfect for the first-time homebuyer. Listed at only $109,999.

 

 

1300 Hudson
1300 Hudson Circle

1300 Hudson Circle, Lincoln, CA 95648-Move in ready! This richly appointed home is located close to schools and parks and has all the right upgrades. Granite counter tops, stainless appliances, gorgeous cherry wood cabinets and so much more. You’ll love the spacious master and functional floorplan. Other features include upstairs laundry and finished garage with epoxy floors. Don’t delay, own a home with a lower monthly payment than rent! Listed at only $149,999

Call or email today if you have any questions about any of these homes. 916 408-2222.


<!–

–>

Enhanced by Zemanta