Folsom Short Sales Make Buyers Happy!
Folsom Short Sales Make Buyers Happy!
It doesn’t get better than a first-time home buyer closing escrow! It’s even better when the house is a well-priced short sale in Folsom’s beautiful American River Canyon North neighborhood. Doesn’t this picture make you smile?
I find it surprising that so many Folsom real estate agent’s discourage their buyers from looking at short sales. Folsom short sales are almost always priced better than traditional sales and often better than bank-owned homes. There is usually less buyer competition as well so there is less chance of loosing the home to another buyer or bidding the price up. It’s true that short sales take a little longer to close because of the bank approval that’s needed. If you’re a buyer without a strict time-line for moving, do yourself a favor and consider Folsom short sales.
Let’s take a closer look at Folsom short sales. The average price per square foot for a Folsom short sale is $147 compared to $158 per square foot for traditional sales. I’d say that savings is worth waiting for!
If you’re considering buying or selling your Folsom home as a short sale, it’s important to work with an experienced short sale agent who knows how to negotiate with the bank, submit a complete short sale package, and follow-up consistently. Regular agents don’t know how to best do this and often hurt their clients unintentionally because they don’t realize that short sales are very different from traditional sales.
Find out more about Folsom short sales.
Folsom Short Sales Make Buyers Happy!
Posted by Folsom Real Estate Agent – Allan Sanchez
Rancho Cordova Short Sale – Experienced Agent Allan Sanchez
Rancho Cordova Short Sale – Experienced Agent Allan Sanchez
Here is my newest Rancho Cordova short sale. 2243 Palmwood Court isn’t your typical distressed sale. This home is gorgeous! Located in the Mills Ranch neighborhood of Rancho Cordova, this short sale has great curb appeal. The gourmet kitchen has stainless appliances, Corian counters, and red oak cabinets. Newer 45 year roof, upgraded windows, charming backyard, and cul-de-sac lot. With 3 bedrooms, 2 baths, and 1,350 square feet, this Rancho Cordova short sale is a steal at $160,000.
Rancho Cordova short sales are very different from traditional sales because the bank must approve and agree to the sale. It’s best to work with an experienced Rancho Cordova short sale agent who can negotiate on your behalf, submit a complete offer package, follow-up consistently, and give you the best chance at short sale success.
Find out if you qualify to sell your Rancho Cordova home as a short sale or ask your short sale questions to experienced agent, Allan Sanchez.
Rancho Cordova Short Sale – Experienced Agent Allan Sanchez
Posted by Rancho Cordova Real Estate Agent – Allan Sanchez
Buy a House in Rocklin – Where’s the Inventory?
Buy a House in Rocklin – Where’s the Inventory?
If you’ve been looking to buy a house in Rocklin, you may not be having much luck. That’s because the home inventory in Rocklin is at a low! This time last year, there was 4.8 months of inventory. Now there is only 1.8 months. That’s a 62.5% decrease in the last 12 months.
There is lots of speculation regarding the lack of Rocklin homes for sale. Some think it’s because the banks are holding back foreclosure inventory, trying to make the market more valuable. Others believe because of very low interest rates, homes are being scooped up as it’s irresistible to not to buy. Further, Rocklin is a strong community and a very desirable place to live. There is no shortage of buyers looking for a home in Rocklin!
Here is how to score your own house in Rocklin and beat out the competition:
- Work with an experienced Rocklin real estate agent. I can’t emphasize how important this is. Rocklin real estate agents who sell more than 25 homes per year and have been in business for at least 5 years, have a better sense of the market, how to write attractive offers, and increase the chance of your offer being accepted.
- Get pre-qualified. Get lender referrals and choose a lender you are comfortable with. They will provide you a pre-qualification letter so you know how much you can afford. This letter will get submitted with your offer so the seller knows your solid.
- Work Fast. Your real estate agent has helped you figure out what you’re looking for. So when you see a house you like, act fast! Remember, you still have your inspection period (usually 17 days) to back out for cold feet. Usually the first offer submitted as the best chance of being accepted. Acting quickly shows the seller you know what you want and are confident!
- Don’t be afraid of Rocklin Short Sales. There are agents who spend much of their time trying to steer buyers away from short sales! Guess what, short sales make up about 50% of Rocklin homes for sale. Eliminating short sales from your home search is a bad idea as there are more to choose from and they are often discounted. If you are worried about short sales taking too long, make sure you work with an experienced Rocklin short sale agent.
- Do your own search. Real estate agents will send you new houses for sale but two sets of eyes are better than one. Searching for Rocklin homes for sale on your own will help you find the perfect house.
Good luck on your Rocklin home search!
Buy a House in Rocklin – Where’s the Inventory?
Posted by Rocklin Real Estate Agent – Allan Sanchez
New Elk Grove Short Sale with Wells Fargo Bank
New Elk Grove Short Sale with Wells Fargo Bank
Here’s my latest Elk Grove short sale! 9708 Blansfield Way is a great home with many popular features. It’s a 1-story home with 4 bedrooms, 2 baths, over 2,200 square feet, and a 3 car garage. It’s well maintained with a low-maintenance yard, welcoming curb appeal, and lots of interior upgrades. This Elk Grove short sale is a great buy for $260,000!
Short sales are extremely different from traditional sales. In a short sale, the seller’s lender must approve the short sale. Getting a short sale approval can be tricky and only experienced Elk Grove short sale agents understand how to communicate with the bank, submit a complete short sale package, and negotiate with the bank on behalf of the buyer and seller.
I’ve listed and sold over 100 REOs and short sales for Wells Fargo. As a large lender, Wells Fargo has a more streamlined short sale process. In my experience it takes an average of 30-60 days to get a short sale approval from Wells Fargo. This is much quicker than most banks. If you are considering selling your Elk Grove home as a short sale, it’s important to use an agent who specializes in short sales. This will give you the greatest chance at a successful short sale.
See if you qualify to sell your Elk Grove home as a short sale.
New Elk Grove Short Sale with Wells Fargo Bank
Posted by Elk Grove Real Estate Agent – Allan Sanchez
Short Sales Roseville – SOLD 1520 Impressionist Loop
Short Sales Roseville – SOLD 1520 Impressionist Loop
Here’s my latest closed short sale in Roseville. Roseville is still a hot-spot for buyers and short sales often provide a great deal. This 4 bedroom, 2 bath patio home sold for $185,000. It was in good condition with upgraded appliances, granite counter tops, and cherry cabinets. The buyer is very excited to move into this low-maintenance and move in ready home!
This Roseville short sale had one loan with Seterus. Seterus is known for their tricky short sales. They are not as big as many lenders and their short sale process is different. They also like to sell their loans frequently which adds another element to the short sale. Most Roseville real estate agents are not well versed in short sales. A short sale with Seterus takes a knowledgeable Roseville short sale agent to be successful.
Read more about Roseville Short Sales:
Interview Questions You Should Ask Roseville Real Estate Agents
See if you Qualify to Sell your Roseville Home as a Short Sale.
Short Sales Roseville – SOLD 1520 Impressionist Loop
Posted by Roseville Real Estate Agent – Allan Sanchez