Sacramento Realtor has Oral Surgery and request for repairs go hand in hand. Only in real estate can you not take a few days off to heal up and this was no exception. Two repair requests came in and a boatload of work. Even when we are under the weather our clients come first. One request was so ridiculous that escrow fell apart. The other one had many local ordinances that we wondered how would it close? The buyer’s agent from Woodland had a list of repair people who did the work at half the cost. The buyer’s agent set all the work to be billed to escrow! Sheri has been terrific. Luckily my resources helped pull this escrow together, she is terrific.
You should have heard my jaw hit the floor when I first saw the latest numbers from the December 2020 Sacramento housing market update. Maybe I should grow a beard to pad the jaw a little or start wearing a football helmet with a buckled-in chin strap because I sense that the fireworks will continue for the foreseeable future in the Sacramento-Roseville-Elk Grove area. Let’s be real; everyone sees that for the foreseeable future. Please pick up a magazine or click on Google and check it out.
What you should know about down payment gifts with a mortgage is a fabulous blog written by our preferred lender, Dan Tharp. Enjoy — JaCi Wallace. With an extreme lack of inventory facing so many of my buyers right now, they need all the help they can get. The biggest obstacle for many is the lack of money for a down payment. Thankfully, one solution is to get some help in the form of a gift from a family member, close friend, or a charitable organization.
As a mortgage professional, I have become very familiar with the IRS code on this topic. There is so much confusion regarding the tax implications of giving a cash gift to help a loved one buy a home. Before I delve deeper into this, a disclosure: I am not a licensed tax preparer and don’t ever want to be one – I have mad respect for tax professionals. This article is not to advise specific tax guidelines but instead give some useful, general information to help lead you in the right direction. Please seek a tax professional for more detail.
Twas the week before something is a fresh blog post written by our very own
exclusive buyer’s agent, Josh Amolsch.
Enjoy. — JaCi Wallace
Something is Stirring.
‘Twas the week before something, and all through the land
Shoppers were shopping, with mice in their hand
But registers clanged for those who were about
Yet wrinkly eyes were all they could tout
For under the garment that covered their tongue
Were smiles of hope, from both old and young