Listing Price $232,000
| Property Type | 1 House on Lot, Detached |
| Stories | 1 |
| Community | Orangevale |
| MLS# | 14039678 |
Fabulous 4 Bedroom /2 Bath single level Orangevale home. Enjoy the beautiful, quiet neighborhood and newly updated/remodeled interiors. Large, private backyard for summer bbq or relaxing. Close to shopping and restaurants. Turn key house is ready for you to move in and enjoy!
Listing Price: $57,500
| Property Type | Double Wide, Mobile Home |
| County | Sacramento |
| Community | Folsom & Vicinity |
| MLS# | 14037958 |
Lovely mobile in one of Folsom's most prestigious senior parks. Home is a 2 bedroom, 2 bath, double wide unit with a carport & french doors leading to a covered deck off of family area. Recently remodeled w/ perm foundation, updated kitchen and bathrooms w/ tile, granite, upgraded electrical, new appliances, new doors, new carpets, and finishes throughout. The yard has 2 storage sheds and many mature shrubs. The clubhouse has a pool, music, game, and weight rooms, and lounge. RV storage avail.
Sacramento Real Estate Market Update Summer 2014
The Sacramento real estate market is both diverse and complex. It's hard for one person to stay on top of everything happening, so I have brought Evangeline Scott from Big Valley Mortgage to help explain some of the goings on in the Sacramento real estate market.
- From an interest rate perspective, the market has pretty much remained the same. Generally for homeowners, we are looking at interest rates in the low 4%'s!
- Qualified mortgage is in full effect. A qualified mortgage is a type of loan that has certain, more stable features that make it more likely for you to afford the loan. To qualify for this type of mortgage, a lender first needs to determine that you have the means to repay the mortgage before you take it out.
- According to Evangeline, things in the market have tightened significantly. There are a lot of home buyers in Sacramento, especially first time home buyers who are looking for down payment assistance programs. There are programs for all those who need it, not just first-time home buyers. Plans that cover your entire down payment on an FHA loan.
- Refinances have spiked significantly in the last few months. Appreciation values on homes have gone up to where homeowners are comfortable refinancing on their homes.
- These low interest rates and appreciation values won't last forever, however. If you were thinking of waiting a few years to buy your next home, that may not be such a good idea. In the next three years, both myself and Evangeline agree that interest rates are going to increase dramatically. If you buy now, we guarantee that you won't pay as high a price or interest rate as you will if you wait 3 years.
Making a good long term decision on your home is important, and we would love to help you. If you have any questions at all about the housing market or refinancing your home, please give myself or Evangeline a call so that we can take care of all the work for you.
