Solano County Realestate Blog

Ready to short sell your home?

Don't know what a short sale is? A short sale occurs when the amount of the outstanding loans are greater than the value of the home. This situation is usually the result of values in a market rapidly declining.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can negotiate with the lender to write off the difference.

How to do a short sale:

First, get an idea of the true market value of your home. Since hiring a licensed appraiser may not work with your already tight budget, a qualified local real estate agent that knows the current conditions of the Solano, Yolo & Sacramento Counties real estate market is a sound way to get a realistic idea of what your home could sell for.

	Need real estate advice? Contact us today to find out how we can help.

Next, don't forget about your closing costs. We will take into account fees like title report, appraisal, escrow, property taxes, and real estate commissions to calculate your final costs at closing.

Finally, have us call your lender and make them aware of the situation. They may even have a dedicated team that deals with short sales. We will ask about their particular process. Some lenders will be more willing to work with you than others. They may be able to decrease your loan principal or make other arrangements. Your lender will have to agree to the final sale.

WHAT ABOUT A PERFECT BIRTHDAY? It's so special when you get everything you want for your birthday! For my birthday this year, we went with 8 great friends to play golf in Pacifica at Sharp Park Golf Course. The picture is the view from the 16th tee, just one of the many beautiful views this course has to offer .. beautiful old cyprus trees, protected marsh wetlands, and, with a little effort, the ocean. The course is long and very walkable, not hilly at all. Greens were a little slow but very puttable. And I played really good .. my putter and chipper were awesome.

After golf, we all went for cocktails and dinner at Nick's At Rockaway Beach. This is Larry's and my favorite spot in the Bay Area. Nick's is right on the beach and the Pacific Ocean is right there. So we had dinner with a view! The food was wonderful. Everyone enjoyed their meals from deep fried prawns, clam chowder, shrimp salads, grilled crab salad sandwiches, fish tacos, pasta, shrimp louie. 

The weather at the beach could not have been better. It was gorgeous! I always have to put my feet in the water .. gotta do it! We spent a lot of time playing in the surf. At first the water seems really cold but you get used to it quickly enough. What was fun was, as the surf goes back out, it pulls the sand out from under your feet. If you just stand there, eventually your feet get bured in sand up to the ankles.

So, I got everything I wanted for my birthday. I got to play golf at one of my favorite golf courses, eat deep fried prawns at Nick's and put my feet into my ocean.  All of this with the love of my life and my great friends. Thanks so much to all of you for such a fabulous day. Thank you Larry, Margie, Mike, Ilene, Gene, Elle, Lyle, Marge and Frank!

P.S. On a lighter side. Thanks ya all for the cute gift. This is Shapilla The Plumper. She stuck close to me all day, through the golf, dinner, the beach and now home with us. We would like to apologize for her behavior on the golf course, she has a tendency to drink in excess and talk like a tramp but now she's family, so, what can we say  ... lol

We love to grow fruits and vegetables in our garden, but, Sweet Basil is our favorite!

A few years ago, our friend George introduced us to pesto.  We were hooked. Now we grow our own basil, make our pesto and freeze containers of it for use all year.  Our friend Judi loves it too but she lives in Albany and the weather is too cold to get it started. We start Judi's basil each year and deliver her a fully grown pot of basil which she enjoys the rest of the summer. What is pesto? And, what do you do with it? Pesto, our recipe, is basil, almonds, lots of garlic, olive oil, salt and pepper.  When we serve it, we add parmessan cheese. What do you do with it? Lots of things. Make a warm turkey or chicken sandwich on great bread, spread pesto, a little mayo, fresh tomato and lettuce. The bread or roll can also be warmed or toasted lightly. Killer Sandwich!! Stay tuned. A cute little Greek lady told us about Pesto with Orzo or Zitti Pasta ... YUMM!! See ya next time .. from Kitty & Larry

Solano County Real Estate Market Conditions Video

Vets, Property values in Solano County have dropped below the VA Max loan amount of $417,000. Now you can get a 0 down loan again and most sellers are willing to assist with your closing costs. So you can purchase a $400,000 Home with no cash out of pocket 30 year fixed rate mortgage for approximately $2,800/mo (principal, interest, taxes & insurance).

California Real Estate is still a GREAT! Investment cilck here

If your looking for a short term investment (less than 18 months) probably not!
If your thinking long term, YES! Interest rates are still historically low there is a lot of inventory of homes for sale to choose from and sellers are more willing to negotiate favorable terms.

How many times have you heard this " I remember when I could have bought that home for $?????". Has it ever gone back to that price? click here and see

California Realestate has typacally always been a great investment.

Feel free to call us with any questions. We are glad to help!