Taking a look at the real estate market over the past several decades, a cycle is emerging. Usually there is a steady increase in prices, the prices then peak; that is then followed by a relatively sharp decline which the…
September Market Update From Kris Vogt, Coldwell Banker
Hello, Our first edition of Real Estate Market Update was a huge success! I’m so glad to hear that so many of you were appreciative of the numbers and happy to share it with your clients. Market Commentary: For starters,…
Is Your Home Worth Less Than It Was Last Year?
Do you believe that your house has dropped in value? If so, it is time to request a reduction in your property taxes. The Sacramento County Tax Assessor accepts requests until November 30th each year. Proposition 8, which passed in 1978, amended…
What is SB 458 And How Does It Affect Me?
Earlier this year, the state legislature passed a bill, SB 458, that states that a lender cannot “require” the seller/debtor to make any contribution towards a second mortgage in order to do a short sale. The reason behind this legislation…
How Long Do I Have To Wait To Buy A Home After Short Sale, Foreclosure or Bankruptcy?
Almost every agent has been asked the question: How Long Do I Have To Wait To Buy A Home After Short Sale, Foreclosure or Bankruptcy? The answer is…”It Depends”. That’s because it varies with the type of loan you are…