Staying “in the know” about Sacramento and Sacramento real estate is my primary focus from day to day, so it’s not so odd, I suspect, that I was unaware of other things. I learn new things every day. I enjoy learning new things. It also means if I’m capable of absorbing new information, I’m still a long ways from keeling over. The funny part is I am often astonished when I learn some new unrelated-to-real-estate-fact that I should have known. Like, did you know Liz Claiborne is dead and she died from cancer 7 years ago?
Regular sellers with equity — and even sellers of homes in Sacramento who end up doing a short sale — can choose their buyer and establish requirements that the buyer must meet. You know why they can do this? Because they own the home and, with some legal exceptions, sellers can decide what kind of person buys it.
This is not to say that a seller can discriminate against any of the protected classes under the Fair Housing Act. For example, a seller could not say I am interested only in selling to a family with kids or to a guy in a wheelchair. You can’t pick a protected class and exclude others or vice versa. This is yet another reason to hire a top Sacramento real estate agent because agents are supposed to know, understand and follow the Fair Housing Act, among other regulations.