East Sacramento Homes
Ever wonder what happens if you do not hire a Sacramento Realtor with experience? Well, here is a good example. While reviewing multiple offers on my East Sacramento listing last evening, It got me thinking about some of the sour grapes responses from buyer’s agents who had made offers. One of the agents called a bit upset. Muttering that he had called and texted about his offer, submitted the day before, and had not yet had a seller response. I explained that the seller had no obligation to respond to his offer. Additionally, that the MLS disclosed the seller is out of state so instructions were to give plenty of response time. His offer was a low offer price compared to the pile of top offers we had.
Weintraub & Wallace took a new East Sacramento listing last week in a very popular area of East Sacramento. We worked tirelessly preparing our pre-launch efforts. Friday evening, it went live in MLS with the first open house scheduled this last Sunday. There were about 70 people through the open house!
There were plenty of buyers through with solid interest looking to make one of many multiple offers on a new East Sacramento listing. Additionally, we had about 20 + agent showing appointments over the last 3 days. Buyers had seen it online, advertised on our Facebook Boost or any one of the other search engines such as Elizabethweintraub.com, Zillow, Trulia, Redfin, Metrolist, REMAX.com and many others.
The seller of this fixer home in East Sacramento had asked me what kind of things a buyer might ask him to fix and what could go wrong with a sale. This guy lives on the other side of the country and has been through a devastating situation. Imagine just about the worst thing that could happen to a person, and it happened to him, twice. On top of which, he later had to undergo emergency surgery in the middle of escrow, which will take a long time for recovery. He is still not out of the woods by a long shot, yet he exhibits incredible strength.
I feel a special affinity for this seller, in particular because he is older and in a vulnerable situation. Our first escrow involved a buyer that I did not want to go into escrow with. Not for any reason other than I did not think this was a fit for his method of operation, so I did not expect him to close. Sure enough, conditions existed that he claimed he did not see, although he has two eyes in his head, just like me. But at least he canceled within a few days.
It is always hard to tell a seller that a buyer has flaked. Especially when sellers seem excited the property is sold. But it’s never really sold until we close. The listing expressly stated this fixer home in East Sacramento was sold absolutely AS IS and there was a death in the home. But for some reason, often buyers think they can negotiate around that later. Maybe they can with other listing agents, I dunno.
We encountered that scenario with our second buyer. Her agent seemed aghast when I let the agent know that my advice to the seller would be to cancel the buyer because the buyer did not remove her inspection contingency. The agent kept pressuring me to put the squeeze on my seller, and I won’t do that. I don’t mess around, especially NOT when my seller is under such duress as this guy.
Finally, we received 6 offers in all, and our third escrow seemed to be moving along well. One of the things we discovered in the second escrow of this fixer home in East Sacramento was a crumbled orangeburg sewer line. This was one of the problems I had warned the seller could happen. His inherited property was built in 1950. Many homes of that era were constructed with tar paper sewer lines after the war. They don’t last more than 50 years or so. You would never know unless you ran a camera down the clean-out.
Yet our third buyer also neglected to remove her inspection contingency. The buyer, believe it or not, after all we had been through, demanded a price reduction. We told her no. Close or cancel. In fact, after we emailed a Notice to Perform, we also put the home back on the market, pending rescission. Agents must have been wondering: what in the world was going on with the fixer home in East Sacramento! We told the buyer we are not kidding. We will sell to a different buyer. There is always another buyer.
But in the end, the buyer came to her senses, deposited funds and signed her documents. I also cannot count the number of times I asked for an amendment to the purchase contract because the terms of the contract had changed. The contract presented to us was not a cash transaction since suddenly the buyer obtained a hard money loan. Despite our repeated attempts, we never received the amendment but at least the file released for recording yesterday. Whew.
The seller got the price he wanted. Although it might seem less, it was not because the buyer paid most of the seller’s closing costs.
Now, a strange twist in this tragic story of awfulness. At the moment, we simply presume it has closed. On par with the way this transaction had gone, the escrow officer left her office early on Friday. Her assistant then followed, promising another employee would send us confirmation. My worst fear at that point happened: crickets. Hopefully, we will receive that confirmation sometime today. Better than trying to call the recuperating seller in a time zone 3 hours later from us on a Friday night.
This new East Sacramento listing is a beautifully built home, most likely constructed in the mid-1940s, says the seller. The public records show the age as 1950 but the seller says that is incorrect. It is very possible that his family is the original owners of this home. The public records also smaller square footage than the home appears, so it’s difficult to know whether it’s an accurate reflection of this home. It could be some other home.
We recognize East Sacramento for its vintage East Sacramento homes but you will find very few homes on the market today.
From the moment you enter the living room, your heart will begin to ping. Especially with the Lake-Tahoe-like corner photograph mural. Very large living room, which features a curved fireplace with brick accents. Across from the living room and nestled next to the kitchen is the well laid out dining room. This room features a built-in China cabinet that takes up most of the wall.
Do you see the separate door to the hall? Lends access to the bedrooms without walking around the kitchen. Plus, see the laundry room with a side door to the driveway? Both the washer and dryer can stay. Check out the nicely maintained wood cabinets and tile counters in the kitchen, plus note original appliances, which include a built-in refrigerator, but alas, the refrigerator doesn’t work. However, the second refrigerator works.
The home offers dining options galore. Do you want a formal dining room? Or would you prefer to take coffee in the kitchen breakfast nook?
It appears that under all of that carpeting are gorgeous hardwood floors. You can see the immaculate condition of these floors in closets in the bedrooms and in the hallway, which is a good indication there is hardwood mostly throughout. This particular bedroom is even larger than the master bedroom. Not everybody loves wallpaper but the period wallpaper in this home might change your mind about wallpaper.
This new East Sacramento listing features 3 bedrooms and two baths (but like I mentioned earlier, due to inaccurate records, they do not reflect the second bath). The seller would like to leave most of the furniture, if the buyer would like it. Much of the furniture seems to be vintage and in excellent condition. Of course, it remains with the home without warranty nor consideration.
As you can see in the photo above, it’s a nice big yard with a lot of trees. Plus a detached two-car garage, which is often hard to find in an East Sacramento listing. There are pop-up sprinklers all over the yard, controlled by a mechanism in the ground near the garage. Lots of vintage roses, probably 65+ years.
Why not come to our open house on Sunday and see this new East Sacramento listing for yourself? This will be open from 2:00 to 4:00 PM. Needs a little bit of cosmetics, but priced accordingly. Seems to sport great bones! Also, not a corner location but mid block. No parking allowed on J Street, either.
5200 J Street, Sacramento, CA 95819 is offered exclusively by Elizabeth Weintraub and Lyon Real Estate at an AS IS only price of $495K. Call Elizabeth for more information at 916.233.6759. Check out the virtual tour, too.
Here is your chance in a lifetime to buy an East Sacramento listing not yet in MLS. We can’t put this new listing into MLS because we don’t have the photographs, which will be shot next Monday. But the seller says, hey, let’s give buyers a chance to buy this off-market East Sacramento listing not yet in MLS. Yes, you can buy this home before it ever goes into MLS. Which means, if you’re tired of fighting tooth and nail to buy a home, just tour, write a full-price offer and be prequalified. How easy peasy is THAT? Not sure it gets any better than that. Not to mention, you can eliminate the headache of competition.
Think about this for a minute: would you like a four bedroom, two bath, spacious East Sacramento home designed for a multi-generational family? Of course you do. You can certainly use the entire house yourself, if you like, but it offers so many other possibilities. Say, for example, you have teenagers, the kind you would like to lock up and throw away the key. Heh, heh. Or, maybe you just want a little breathing space between yourself and the kids. This house would work! Have you elderly family members who prefer not to climb stairs? The lower level is completely accessible through the garage without any stairs. Almost 2,500 total square feet, according to the tax records.
Further, the main level of this East Sacramento listing not yet in MLS features a beautifully remodeled space. Refinished original hardwood floors from 1937. A fireplace flanked by a built-in bookcase that takes up an entire wall. Plantation shutters, dual pane. Gorgeous new kitchen with shaker cabinets, granite counters, ceramic flooring, brand new stainless appliances, newer light fixtures, including not only a dining bar but also a breakfast nook. You will also discover a formal dining room. The master is extra large with a super big walk-in closet. The second bedroom on this level is also good sized.
Need more? With all the right touches, you will discover an amazingly beautiful bath on this level, very spa-like. You will appreciate the separate tub with ceramic surround next to the separate walk-in shower. Adding to expectations is a newer vanity with dual sinks and granite counter, light fixtures and faucets.
More delights, the lower level features plenty of windows and light. Many updates on this level, too. For starters, two more bedrooms downstairs, plus a full bath. What you might not expect is the huge family / entertainment room. Why, it could be a yoga studio or just a place to hang out, play pool and watch TV. There is a fireplace on this level, too, including access to the 2-car garage. Next to the garage is a covered carport, offering 3 parking spots. Or, you could use the carport for RV or to park a boat.
Hey, you know there is nothing on the market, right? Yes, very little inventory. Countered by high buyer demand. Plus, this home is unique and fits so many circumstances that you can make it into any kind of home you desire. Absolutely, you will love the stone exterior with metal siding, and a tile roof adds to the curb appeal. Why not see for yourself the beauty and desirability of this East Sacramento listing not yet in MLS?
Please, feel free to visit our Lyon Real Estate Open House Extravaganza on Sunday, February 11th, from 1:00 to 4:00 PM. Hosted by Barbara Dow from the Elizabeth Weintraub Team. Also, Sunday is a good day to visit McKinley Park, a hop, skip and a jump away.
Of course, 541 42nd Street, Sacramento, CA 95819, is offered exclusively by your East Sacramento Realtor, Elizabeth Weintraub and Lyon Real Estate at an affordable price of $675K. Don’t wait, call Elizabeth for more information at 916.233.6759.