Best Elk Grove Realtor

Elizabeth Weintraub Sells 3rd Home on Jefjen Way

Jefjen Way is a street in Elk Grove that backs to a school in Quail Ridge. This means the playground and the noise that goes along with that can be disturbing to residents who live on that side of the street. Fortunately, the last listing I took on Jefjen Way sold within 3 days with multiple offers, even in today’s softer buyer’s market.

We went on the market in early December, a time of the year when sales typically slow down. I would have preferred to list and sell the home in April, when our market was much stronger, but that did not happen. Oddly enough, I’ve been expecting to get the listing since April of 2018. read more

New Listing: Affordable Single-Story Home in Laguna Park

home in Laguna Park

Are you looking for an a single-level home in Laguna Park priced under $350K? Then you’ve come to the right place. And you don’t have to make trade-offs or sacrifice anything on your home buying wish list. You can have it all in this popular Elk Grove neighborhood. Pride of ownership is evident throughout the neighborhood, and many homes are single-levels. No stairs, no levels, no step-downs, makes it easy on your knees, too.

This home in Laguna Park features 3 bedrooms and 2 baths. There is a front bedroom that could be used an office since it’s right next to the front door. The guest bath separates the two guest bedrooms. However, the master suite is secluded and away from the other two bedrooms. Which is especially nice if you have children, you can get a little peace in quiet in your master retreat.

home in laguna park

When you walk in the front door, the first thing you will notice is how large the living room and dining room appear to be. A lovely fireplace with a ceramic surround is in the living room, and the vaulted ceiling makes the entertainment areas seem even larger. Look at all of that light in this space. Lots of windows.

home in laguna park

Check out this great kitchen! Plenty of cabinets and there is space for a breakfast table. The refrigerator can stay as long as you ask for it in the purchase contract as personal appliances do not stay otherwise. If MLS says the refrigerator stays but buyers do not ask for it in the Residential Purchase Agreement, the seller is free to sell it on CraigsList.

9089 Paseo Grande Way, Elk Grove, CA 95758 is offered exclusively by Elizabeth Weintraub and Lyon Real Estate at $340K. Check out the virtual tour here. Then come to our Open House on Sunday, August 12, from 2:00 to 4:00 PM, hosted by Josh Amolsch from the Elizabeth Weintraub Team. If you’d like to enjoy a private tour before then, please call Josh for an appointment at 916.224.2756.

Elizabeth WeintraubThe information in this advertisement, including, but not limited to, square footage and/or acreage, has been provided by various sources which may include the Seller, the Multiple Listing Service or other sources. Lyon Real Estate has not and will not investigate or verify the accuracy of this information. Prospective buyers are advised to conduct their own investigation of the Property and this advertised information utilizing appropriate professionals before purchasing this Property.

Story of Closing at 4909 Laguna Woods Drive in Elk Grove

updated pool home in elk groveLast month I featured an updated pool home in Elk Grove for sale and yesterday this turnkey home on Laguna Woods Drive closed escrow at list price. Once everything comes together and the home enters MLS, activity happens fast. But it was a fairly slow beginning. For example, I started working on this listing the first week of January, in the middle of my 9-week winter vacation in Hawaii. Since then, I’ve been back to Hawaii twice. That’s how long I’ve been working on this sale.

When I came home to Sacramento in February, I met up with the seller to inspect the home. Without going into detail, let’s just say it wasn’t show-ready. I made a number of suggestions to the seller of things she could do, and she took me up on all of them. If you had seen the condition of the home when I first viewed it in comparison to how it presented cleaned up and staged, well, you would say it was the difference between night and day. Like the difference between extreme vog and no vog.

Remarkable improvement. We painted the cabinets a rich chocolate brown. Installed granite. Finished the engineered hardwood floors. In short, we transformed a 22-year-old home into a modern updated home that looked almost brand new. If you had seen the “before” condition of the home on Laguna Woods Drive and the “after,” you would not recognize it.

The seller expressed concerns about the pricing because she thought it was too high. Her home was not located in the subdivision of more expensive homes. She did not feel comfortable right away that she could get upwards of $600K for her home. The seller also fretted about a recent foreclosure affecting her value. But given the market conditions, I felt that she could. I’m right more often than not, and in this case, we were right on the money.

Everything went smoothly until we received the Request for Repair. For some reason, the buyer asked for 8 repairs, including replacing the windows, of all things. However, anybody who knows me knows what I think about Requests for Repair in a seller’s market. Especially over-the-top requests. The answer is no and no again. Of course, the decision is the sellers’ but they often follow my advice.

The buyer backed down from her requests and elected to close escrow. Now my seller can relocate to Alabama and get on with her life. Five months of work this took. But the end result is priceless and the seller was very happy. That’s all that matters to me.

4909 Laguna Woods Drive, Elk Grove, California 95758 closed escrow on May 30, 2018 at $595,000.

Elizabeth Weintraub

Lot for Sale in Elk Grove at 9368 Kaanapali Closed Escrow

lot for sale in Elk Grove

This lot for sale in Elk Grove at 9368 Kaanapali closed escrow last week.

Although we had sold this lot for sale in Elk Grove to our client, for some reason, the client initially listed the lot with an agent who was a friend of the family. I think the agent worked for a builder, but I don’t really recall. All I know is she had it on the market for almost 4 months and no bites. So the seller finally called me and asked if I would take a lot for sale in Elk Grove and sell it for her.

Sure. Just because I rarely sell lots is no reason not to take the listing. The principle of selling is the same. I have great marketing tools. First I pulled up a list of all of the lots that are for sale in Elk Grove and the sold lots. Not just the lots within a 1/2 mile, but every lot for sale in Elk Grove. Those are some long days on market, let me tell you. Which means the market is softer than residential.

I prepared the seller for a longer than usual wait. Managing expectations is part of my job. It’s not like I can send updates on showings because there is no lockbox to tell me when an agent is with a buyer at the property. So I sent market updates instead, just to stay in touch. One thing I never want is for a seller to think I am not doing anything.

Once the sign post order went out, it was a bit tedious to get the sign placed in the right spot. I sent maps but I’m not sure they used them. Once we found the designated place, the HOA started calling me to complain. See, this particular lot for sale in Elk Grove was located in a homeowner’s association but it was not part of the HOA. It enjoyed the private road, the gated entry and paid no dues for it. It was one of a few lots like this where people are building million-dollar homes.

The HOA did not realize this lot was not located within its jurisdiction. Once I pointed that out, they shut up about the sign placement. Then, there was a fire. I know, right? How can a single flat piece of land be such trouble? Fortunately, the fire did not burn down my for sale sign nor cause much harm to this particular lot.

Another incident: my photographer went out to shoot photos and came back with ho-hum pictures. This was not like him. I had asked for photos of the entrance and the guy was so overwhelmed that day, he forgot. So, as a favor to me, and maybe because I give him tons of business, he returned to the scene and reshot the photos in late afternoon. That time of day in winter when the sun hanging low in the sky warms all that it touches with a special glow. Glamorous, gorgeous shots, like the one above. Photos are #1, utmost importance.

Shortly after we went on the market, we received a lowball offer from an LLC, which owns other lots in Elk Grove and in that subdivision. The buyer simply would not step up to make the offer she needed to make to buy this lot. Low and behold, another buyer came long and we reached an agreement, locking out the first buyer. In fact, the first buyer had written several offers. The second offer a month later. None of which was acceptable. And I think she really wanted to buy this one-acre lot. She just went about it the wrong way.

In the overall scheme of things, a buyer should never let a few thousand dollars stand between her and the property she desires. Ownership is everything. Wishing for it is nothing.

We closed escrow the first week in January at $278,500. Fewer than 60 days to sell this lot in Elk Grove. In a market where selling a lot can take a year or more.

Selling a Newer Home in Elk Grove is Not Always Easy

selling a newer home in Elk Grove

Selling a newer home in Elk Grove can mean overcoming obstacles.

When an Elk Grove seller called me about selling a newer home in Elk Grove, she thought it would be a piece of cake. Apparently the seller interviewed a bunch of Elk Grove Realtors and rejected them all until she met me. She wanted to hire me because she heard I sold the house on the corner in one day at a record price. I did do that. But I simply lucked out by selling to a buyer from the Bay Area for all cash. The price I sold it at would not have appraised. No comps to support it.

I pointed this out to the seller and suggested we start the list price at the same price. It was the same square footage. Similar condition. This seller was leaving for Europe shortly but I assured her once we had an offer, she could sign the deed at title and be done with that part. Everything else could be handled via email and web.

No sooner did we put this home on the market than bam, we received a full-price offer. I sent the offer to the seller and asked her what she thought. She didn’t want to take the offer. She didn’t like the buyers. Her gut instincts told her not to sell to those people. Well, you can’t really do that when you’re selling a newer home in Elk Grove. If she didn’t want to take the offer, we would need to raise the price. I removed the home from MLS, signed a new listing at a higher price. This also reset the days on market and made it look like it was a brand new listing.

Talk about a crazy market. We raised the price and the same buyers wrote another offer at the new price. This time the seller accepted the offer. Within a week, the buyers developed cold feet and canceled without cause. Well, the seller was certainly right about them! By now, though, the seller was off to Europe. It’s OK, I assured her, she can go to the US Embassy in London to get the deed notarized.

Along came another buyer. We went into escrow and neared the date to release the inspection contingencies. The new buyer did not seem to trust anyone. There was a language barrier as well. We were also in the process of replacing 7 defective windows in the house. They were ordered, just not yet received. We gave the buyer all of the information regarding the installation process. The seller made an appointment at the Embassy in London to sign the deed. Everything was hunky dory, when all of a sudden, the buyers canceled.

I don’t know if he didn’t believe the windows would be installed. Or, whether the story he shared about too much noise behind the homes held any water. In any event, he canceled. So the seller canceled her appointment at the Embassy. We went back on the market as a new listing again. Agents in Elk Grove began to think we were a little crazy or touched in the head.

One thing I know how to do well is selling a newer home in Elk Grove. I then got my hands on the appraisal and discovered it appraised for a $1,000 more than our sales price. Not only that, but the square footage was a lot different than the square footage in the public records. It was not identical to the home I sold in the spring.

Whoa! That meant we needed to change the price. We bumped it up, reset the days on market, and created a brand new listing again. No sooner did it go back on the market than the buyer called to say he had changed his mind and no longer wanted to cancel. You know, you just can’t make up this stuff.

The seller appeared angry with the buyers for canceling in the first place, upset over the grief they caused, so she inserted a smiley face in the cancellation agreement. Knowing this, I had to share the odd news the buyer wanted back into escrow. But not without a plan for her. I suggested she demand a complete release of all contingencies and insist that the buyer give her the earnest money deposit outside of escrow, as non-refundable. In addition to raising the price.

Fortunately, those 3 things satisfied her. The buyer agreed and we closed this week. Not without a few other hurdles to climb. Partly because we could not secure a new appointment at the Embassy and it closed for a move. But I don’t have all day to go into it, and it was enough just to live through the process of selling a newer home in Elk Grove. Suffice to say, it closed on the very last day the buyers had before being kicked out of their apartment.

This is what a Sacramento Realtor does. Resolves issues. The seller made almost $10,000 more than she initially expected, and the buyer has a nice home near his relatives. If you’re thinking about selling a newer home in Elk Grove, call Elizabeth Weintraub at 916.233.6759.

Subscribe to Elizabeth Weintraub's Blog via email