Stylish condo for Sale in Auburn Woods

said on August 26th, 2015 filed under: Auburn, Localism

GoldenHillsRealEstate | Placer and Nevada County Homes for Sale

We have a Stylish condo for sale in Auburn Woods.  This two story, 2 Bed/1.5 Bath condo is 1193 sqft.  It is light, spacious, well-maintained with nice views of the pool.  Open floor plan includes living room with fireplace, formal dining area, and eat-in kitchen. Upstairs there is a Master suite, laundry area and large 2nd Bedroom. Skylights and high ceilings add to the open feeling. It is conveniently located to Hwy 80 and downtown Auburn.  It would be a great place to...Continue Reading!

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Request for Repair: Deadlines

said on August 3rd, 2015 filed under: Localism, Negotiating, Real Estate Nuts and Bolts, Request for Repair

GoldenHillsRealEstate | Placer and Nevada County Homes for Sale

(This is one of a series about Request for Repairs in residential real estate transactions) QUESTION:  How much time do buyers have to conduct their investigations and deliver a Request for Repair to the sellers? ANSWER:  By default, the California Residential Purchase Agreement (RPA) gives the buyers seventeen days (17) to conduct investigations.  This deadline is negotiable between buyer and seller. QUESTION:  Why would the buyer or seller want to shorten or lengthen the default seventeen day investigation? ANSWER: Three reasons to shorten the investigation...Continue Reading!

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Request for Repair: No Seller Response Prior to Appraisal

said on August 3rd, 2015 filed under: Real Estate Nuts and Bolts, Request for Repair

GoldenHillsRealEstate | Placer and Nevada County Homes for Sale

(This in one of a series of articles about Request for Repairs in residential real estate transactions.) We advise our sellers to refrain from responding to buyers' Request for Repairs until after the appraisal has been filed.  In other words, no appraisal, no seller response. Why? In the California purchase contract (RPA), the Appraisal and Request for Repair, by default are due before the seventeenth day after the contract is ratified.  Of course, these deadlines can be negotiated, but for the purpose of...Continue Reading!

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Roomy, Artistic, Single Story Home For Sale At Lake Of The Pines

said on July 22nd, 2015 filed under: Lake of the Pines, Localism

GoldenHillsRealEstate | Placer and Nevada County Homes for Sale

This is the life! Peaceful living in this single story home on a level lot at Lake of the Pines. Just a quick walk to Sandy Point Beach and Shadow Cove. Room for everyone: formal dining and living rooms, eat-in kitchen, bonus room, family room . . . could easily be four bedrooms! There is abundant space for your three cars and for hobbies on your work bench. Recently updated.  Filled with color and light and flowing energy. Every bedroom has it's own bathroom. Garden,...Continue Reading!

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Good News for Both Sellers and Buyers

said on July 16th, 2015 filed under: Localism, Market Trends

I am excerpting and condensing from today's report by Property Radar. CALIFORNIA, JULY 15, 2015 — California single-family home and condominium sales gained 8.5 percent in June.  On a year-over-year basis, sales were up 16.4 percent from June 2014. After a mediocre May, California real estate sales took off in June.   The year-over-year jump was the largest since October 2012 likely due to improving economic conditions and fear of (more…)Continue Reading!

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Request for Repair–Pest Inspections

said on June 30th, 2015 filed under: Localism, Negotiating, Request for Repair

GoldenHillsRealEstate | Placer and Nevada County Homes for Sale

Request for Repair--Dueling Pest Inspectors (This article is part of a series on the Request for Repairs in real estate transactions.  Below you will find one of the longer discussions in the series.  The subject is somewhat complex, but it is worth your concentration.  Successful transactions (and substantial funds) hinge on your understanding of the topic). We have noticed an upturn in pissing matches between Wood Destroying Pest inspectors. A new pest inspection “environment” has evolved from recent changes in the Residential...Continue Reading!

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California Median Home Prices and Sales Retreat in May

said on June 24th, 2015 filed under: Localism, Market Trends

I am pasting this market update from "Property Radar," a newsletter I have subscribed to for years. California Median Home Prices and Sales Retreat in May Median Home Prices Fall 1.8 Percent to $396,750, Sales Down 3.5 Percent “With the exception of a few counties, price increases have slowed considerably. You cannot defy gravity. The environment of rising prices on lower sales volumes was destined not to last. Higher borrowing costs since the beginning of the year and decreased affordability was bound to impact...Continue Reading!

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Charming Golf Course Cabin at Lake of the Pines

said on June 24th, 2015 filed under: Lake of the Pines, Localism

GoldenHillsRealEstate | Placer and Nevada County Homes for Sale

Enjoy relaxing on the back deck overlooking the Lake of the Pines Golf Course. Take a short walk  to the NEW Clubhouse and Main Beach where everything is happening.              You will feel like you are in your vacation hideaway at the lake with wooden ceilings, three decks and open loft.  Extra parking available for your golf cart and toys. Excellent location! Exceptional value! $285,000  Continue Reading!

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Request for Repairs–The Seller’s AS-IS Sale

said on June 22nd, 2015 filed under: Localism

(This article is part of a series about Request for Repairs in residential real estate transactions.) Sometimes sellers get it into their heads that they are going to sell their home As-Is with no repairs. I'm sorry to tell you, but a successful As-Is sale rarely happens.  Since you insist, let’s pretend that the seller (not you, for crying out loud, some other seller, the bullheaded one) is (more…)Continue Reading!

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Request for Repair–The Seller’s Net Sheet

said on June 20th, 2015 filed under: Localism, Negotiating, Real Estate Nuts and Bolts, Request for Repair

(This is part of an on-going series of articles on the topic of the Request for Repair in real estate transactions) Sellers should request a Net Sheet, aka Seller’s Estimated Settlement, from the listing agent before the property goes on the market. Net Sheets provide the seller with information to help make numerous decisions, one of which is how to respond to the Request for Repair. I prepare Net Sheets for my clients to include several different selling price scenarios, but...Continue Reading!

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