The owner of this property is very motivated to get this house sold by the end of the year. Yes, I know it is a little messy looking on the outside. The tenants are in the process of moving out and it is taking some time. However, it is now easy to show and less crowded in there with most of their things are gone. This is a good time to buy a house so come and take a look at a cute, remodeled Bungalow in downtown Winters. Let’s make a deal!
Well, it has been about 3 weeks now since the Bank of America sent and appraiser out to look at the property and we haven’t heard a word since. I actually called them last week to be sure they got it and didn’t lose the appraisal. Strange things have happened like that in the past. So here we sit and wait. In the mean time the two halfs of the duplex are both vacant and my owner has no income there. Should we fill them or leave them vacant for the new owner? That is s tough one. Just dont’ understand why it is taking so long for the bank to get back to us. Shouldn’t be that hard to look at an appraisal and see whether or not you approve it. I’ll keep you posted.
Dave in my office has a great new listing on Main Street. This house is located in the core area of town and has single siding like a Bungalow. It has 2 bedrooms and one bath and a small basement. It has been remodeled and updated over the past few years but the current owner and the previous owner. If you are looking for a cutie in the old downtown area this could be the home for you. Let me know if you want to take a look?
PS Are you freezing? I sure am.
According to the Federal Guidelines you need to be “in contract” by Friday April 30 in order to get the $8000. tax credit for first time home buyers. Since there has hardly been any inventory in the past 5 months not enough people are going to be able to take advantage of this in my opinion. There is a wonderful new listing on Dorset CT for $208,000 if anyone wants to make a run for it in the next two days. The California tax credit is in effect until it runs out of money. My accountant told me many of the young people in his office took advantage of the Federal Tax Credit this year. Good Luck!
Positas Road, Winters, closed on Wednesday, April 21, 2010, two days ahead of time! Positas Road is located West of town, just west of where Pleasants Valley Rd meets Highway 128. It is a small private road with about 10 parcels and awesome views. I am sure the new owner will love it up there. The house was 1304 square feet with 3bedrooms and 2 baths and was built in 2001. It sold for $392,000. with a $3000. credit to the Buyer in lieu of any repairs. That is a very nice comparable sale for everyone.
Hope to see you all tomorrow at Youth Day.
A lot of REO (foreclosure) agents told me that we would see a “flood” of new listings come on the market the first part of this year. Well, we are almost done with the first quarter and April 30, 2010 is fast approaching and there arent’ any listings. Why is that date important? Well, in order to get the first time home buyer tax credit of $8000 you have to be in contract by April 30 and then close by June 30, 2010. If there aren’t any listings then people can’t buy and therefore, can’t get the tax credit. Since Bank of America and Wells Fargo Bank control/own the majority of the foreclosed homes you gotta wonder why they aren’t putting them on the market. Is there some conspiracy going on here? No listings, no sales, no tax credit, saves the government a lot of money? I wish I knew but food for thought for sure. So the next BIG question is, will the government extend the credit once again? I sure hope so.
I have a wonderful new listing out in the country. Positas Road is on the West side of town just past Pleasants Valley Road. It is up on a hill and has wonderful views of the foothills. The house has 3 bedrooms and 2 baths with a large two car garage. This home has lots possibilities. Call me today and make an appointment to see it before it is gone.
I have several nice rentals available for immediate move in. I have everything form a fully refurbished 2/1 duplex to a custom 4/2 home on a humongous lot. Prices start at $1000. Call the office at 530-795-4183 and schedule an appointment with Cheryl, my assistant, or myself.
There were two new SOLD comparables in Winters in January. The first one is 1030 Kennedy which was a 3/2 around 1250 square feet and it sold for $209,900, cash. The second house that sold was 114 Riverview Ct. That house was a large home on a large lot built in the mid 70’s . It had four bedrooms and a nice loft upstairs. The master was downstairs, always a plus. It sold for $303,000.
Well just in time for Christmas we had two new nice sales in Winters. The first house is at 313 Village Circle and sold for $300. on Friday, December 18. The second house was a short sale at 717 Main Street and also sold for $300k. It was the former model home and had some nice upgrades. I think both buyers will be very with their new homes in the new year! Happy New Year everyone.