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September 2008 - Posts

Buying a home in Roseville is not easy

What are the chances a house that has been on the market for over 200 days, built in the 70’s and has never been remodeled or even well maintained now has three offers to buy? I think something does not smell right. Has the Sacramento real estate
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Sacramento's real estate market is not frozen!

Is the only way to get anything done in politically partisan Washington to declare an emergency, tell the world the sky is falling and create a three day “bipartisan period” to pass back room brokered deal that may cost the American taxpayer
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Sacramento Real Estate News

While congressional leaders and the Bush administration work preparing a massive bailout of the US Financial system including a plan to allow banks to sell bad loans to a Resolution Trust like company, mortgage rates have dropped in Sacramento. The decline
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Wall Street, Sacramento and Hollywood

This week what is happening on Wall Street has captured my attention so my column over at Rocklin & Roseville Today, “ More Bad News from Wall Street ” is about being not overly optimistic about the financial crisis. Per my blog on Monday,
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Now Serving Sutter, Yuba and Colusa Counties

Check it out! We have officially opened an office in Plumas Lake with Stephanie McLaughlin to better serve clients in Sutter, Yuba and Colusa counties. Stephanie has now been with us for a few months and is ready to take the next step in building her
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Better than New!

We have a brand new listing in Roseville. This home was built by one of the regions quality builder, Tim Lewis in 2007, and the sellers have done all the right things to make this new house a home. Located in the Altessa at Woodcreek gated community we
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Freddie, Fannie Takeover is Good

The Treasury Department’s move to takeover Freddie Mac and Fannie Mae over the weekend surprised me. But then again, when you give someone an open line of credit, maybe you want greater accountability and say in the overall management. Well that
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End in Sight for Seller-Funded Down Payments

Prospective homeowners have until October 1, 2008, to use down payment assistance from a seller to purchase if they intend to finance the house with FHA backed mortgage. The Housing and Economic Recovery Act of 2008 signed into law in July bars such seller-funded
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