Diary of a Sacramento Realtor
Covid-19 mortgage tips to save your deal is a fabulous blog written by our team’s Sacramento lender, Dan Tharp. Enjoy. — JaCi Wallace
It’s been almost two months since Governor Newsom’s order that all Californian’s shelter-in-place. It sure feels like more. I feel such empathy for those that live alone, are single parents or have lost their job, It’s simply awful. I am thankful every single day I get up and get ready for work.
Covid-19 has re-ordered virtually every industry in the world to figure out how to adapt,. Not only adapt, but mprovise, and overcome this virus or otherwise fail. In California, mortgage lending and real estate are still thriving; all be it, with a whole new subset of issues to we have never faced before. Below are just a few tricks that might help you during your next purchase:
Closing escrows on homes in Sacramento lately has not been easy, but they are closing. Repairs have been complicated as have the requests for repairs. During Covid19, some buyers are asking for repairs. Depending on the property, some sellers with motivation to close are being more patient by offering to complete some repairs and / or offer credits.
Of course, credits are the preferred way for a seller; however, some things cannot be fully diagnosed without opening up the ground, such as a septic inspection and repair in Sacramento rural real estate. Also, pest inspections requiring further inspections can go on and on without fully definitive answers.
Identity theft in Sacramento real estate is not something I have given much thought to until recently. It happens to other people but not to me or so I thought. Saturday, I received a few emails from agents out of state in Pennsylvania who said they received offers from me and were they real? I said, please forward it to me. The identity theft imposter was using an email very closely resembling my email, with just a few extra letters. Here the rub, I can only sell real estate in California as I don’t have a license in another state.
What do Groundhog Day and Superbowl share in 2020? Groundhog Day this year also coincides with the Superbowl. This is only the second time Super Bowl Sunday has fallen on Feb. 2. The last time was in 2014. On that day, Phil saw his shadow, and the Seattle Seahawks routed the Denver Broncos, 43-8. Phil’s prediction for six more weeks of winter that year was spot on, as brutally cold and snowy weather lasted well into March.
— The Washington Post
Groundhog day always reminds me of Punxsutawney Phil and the movie with Bill Murray. Waking up with the same thing happening to you each day might sound fun at first as you could live out any scenario and never hurt yourself permanently. The limitation is, of course, how do you build longstanding relationships or make a difference in your world?
Is Martin Luther King Day a Realtor holiday? This day began like any other day, hustle and bustle. We have a new Carmichael listing coming soon and we were busy getting the agreement signed. There are some legal overlays, so an attorney had to review. Both sellers have to sign it. We should be in MLS on market status by Friday. What a beautiful property, and be sure to read that post in a Coming Soon listing blog promotion. We should have photos next week.
Also, we received an offer on our Oak Park listing on 48th today, so we responded right away with a seller counter offer. Our escrows needed updating as they are in process. With appraisals due next week, we have our handyman getting them ready with smoke detectors and CO2 detectors.