7 Reasons to Own Your Own Home

  • Tax Breaks. According to the U.S. Tax Code, you may deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in purchasing your home.
  • Appreciation. History shows the long-term, stable growth value of home ownership. Yes, there may be year-to-year fluctuations. Median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005 according to the National Association of Realtors®. The number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.
  • Equity. When you pay rent, you are putting out money that you will never see again. When you pay mortgage payments, you are building equity in your home.
  • Savings. Building equity in your home is a ready-made savings plan. As you get older you may get a reverse mortgage where you can use the equity of your home awhile still living there.
  • Predictability. You will always know what your payments are. Unlike rent that may be increased from year to year. Property taxes and insurance cost may increase though.
  • Freedom. Paint, remodel and decorate however you want. The home is yours!
  • Stability. Build lasting friendships and participate in community activities.
  • It is time to buy that home you have been dreaming about! Call me today! 916.865.8759

    Your Realtor®,
    Pam McCoy, e-PRO

Sacramento Area’s Housing Market Continues to Bounce Back

Coldwell Banker yard signAs the Sacramento area’s housing market continues to bounce back from the recession, more and more buyers have decided they can’t wait any longer – now is the time to get back into the market to find their next home.

While the real estate market still has its challenges, things are very different today than they were in 2009, 2010 and even early last year. Buyers are generally more optimistic about the future, ready to purchase, much better qualified for a loan and, in many cases, are paying big down payments or even all cash for their next home.

Indeed, the scales of supply and demand are once again moving back in the direction of home sellers after being out of balance for several years. While countless buyers are out there pounding the pavement for a home, the problem now is that there just aren’t enough sellers to meet the demand in many communities.

As the economy continues to improve and with a shortage of attractive properties in good neighborhoods, buyers are once again paying good prices for properties rather than simply looking for distressed homes at bargain basement prices. And in some cases, properties are even getting multiple offers, driving up the sale price above the asking price.

So if you’ve been thinking about selling your home, now may be an ideal time to do so while buyers are eager, interest rates are still low and there isn’t as much competition from other sellers as there usually is this time of year.

Should you be interested in buying or selling a home or would just like to know what your home is worth in today’s market, please give me a call. I can help! 916.865.8759

Your Folsom-Granite Bay agent,

Pam McCoy, e-PRO

Why Should I Get a Termite and Pest Inspection?

Wood Destroying Inspections

Termites can do a lot of damage on a home. You want to be sure you are not purchasing a home that has thousands of dollars in damage.

Spending money on Inspections can SAVE you money in the long run.

When purchasing a home, you want to know as much about that home as you can. Hiring a Professional Termite and Inspection Company to do a thorough report on the property is a good investment.

Kyle or myself are happy to answer any questions you may have.
Kyle Finley 916.344.8946
Pam McCoy 916.865.8759

Home Inspector – Gary Butcher

When purchasing a home, you will want to consider hiring a Professional Home Inspector.

Gary Butcher has been conducting Home Inspections for over ten years in the Placer and Sacramento Counties. He is a certified CREIA Home Inspector and is always happy to answer any questions or concerns you may have as a home buyer.

Gary is happy to answer any questions you may have at 916-425-2539 or email him.

Your Real Estate Agent,
Pam McCoy

Are You a Veteran or Serve in Our Military?

You may qualify for a VA Home Loan

Sue Kuhn of Big Valley Mortgage speaks about the VA Loan.

  • Available to qualified Veterans
  • Available to qualified Military personnel
  • 100% Home Financing
  • No Down Payment
  • Closing Cost may be paid by the Seller
  • No cash reserves needed
  • Limit to 1-4 units
  • If you own a home, you can go up to 90% Home Financing
  • Must be Owner Occupied

Obtain your certificate of eligibility. Credit is ran. Loan is then processed like any other home loan.

Two army men in Alfghanistan
Thank you for serving our Country.

For more information or questions, please contact Pam McCoy or Sue Kuhn

Sue Kuhn, Loan Officer at Big Valley Mortgage serving Placer and Sacramento Counties
916-791-3760

Pam McCoy, Realtor® at Coldwell Banker Residential Mortgage serving Folsom and Granite Bay
916-865-8759

©2011 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each Coldwell Banker Residential Brokerage Office Is Owned And Operated by NRT LLC. DRE License # 00313415

Placer and Sacramento County Home Inspector – Gary Butcher

Are you looking for someone to do a home inspection for you?

Please meet Gary Butcher in this vlog. Gary is a Certified CREIA Home Inspector. He has been working with real estate agents in the Placer and Sacramento Counties for the past twelve years.

Contact Gary for any questions:

Gary Butcher
P.O. Box 2502
Granite Bay, CA 95746
916-425-2539
gary.butcher@me.com

Do you need help with your home purchase? I would love to help you! Please call me at 916-865-8759.

Your Real Estate Agent,

Pam