Previews Home and Monopoly

In 1934, Previews celebrated their one year anniversary in spite of the times and what was going on in the United States. At the same time, Monopoly was becoming a popular household game played by many people dreaming of owning real estate and being a savvy investor. Through playing many Monopoly games, we were able to test our skills as a real estate investor.

A home that sold in 1934 such as Brichell Avenue in Miami would have sold for $125,000. Today that 3 acre parcel with bay views, would sell for 19.6 million dollars.

How many Monopoly games have you played over the years? Are you ready to be a real estate investor? I can help you with your dreams. I have savvy lenders and work with a dynamite team at Coldwell Banker that understands your needs and can find the right property for your real estate portfolio.

Give us a call today!

Pam McCoy DRE#00962839
916.865.8759
Coldwell Banker Real Estate | 2270 Douoglas Boulevard, Suite 120 | Roseville, CA 95661

Ladon Mellen DRE#01255837
916.765.1787

Dennis May DRE#00709473
916.212.5624
Coldwell Banker Real Estate | 1180 Iron Point Road, Suite 130 | Folsom, Ca 95630

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

Home Loan Interest Rates Went up Slightly | Lender Report, March, 2012

Interest Rates were up and down last week.



The question is…Will interest rates continue to climb over the year?

If you are looking to buy or sell a home in Folsom, Granite Bay, Roseville or the surrounding areas, I would be happy to assist you. Please give me a call at 916.865.8759.

Your Coldwell Banker Realtor®,
Pam McCoy

FHA Now Requires for all Collections Paid

FHA Update – March, 2012

FHA ALERT!

FHA WILL NOW REQUIRE RESOLUTION
OR PAY OFF OF ALL OUTSTANDING
COLLECTIONS TOTALING more than $1,000

MORE THAN $1,000 in Collections MUST be paid off

Coldwell Banker sells homes.
If you are planning to purchase a home using an FHA home loan, you will want to begin making payment arrangements for any outstanding collections totaling more than $1,000.

Disputed credit accounts or collections resulting from identity theft, credit card theft, or unauthorized use, etc., will be excluded from the $1000 limit under the terms.

For more information about an FHA home loan or the new guidelines, you may contact my Princeton Capital Senior Loan Officer, Kristy Ruhkala NMLS# 256835 (916) 532-8080.

Looking forward to helping you purchase your next home!

Pam McCoy
916.865.8759

Princeton Capital is a Residential Mortgage Lender, and an RMR Financial company, licensed by the California Department of Corporations under the California Residential Mortgage Lending Act, license #415-0027.

Payroll Tax Deduction – Home Loan Market Update – January, 2012

How does the new Payroll Tax Deduction affect Interest Rates

James W. Clark of Prime Lending in Roseville, California speaks about the impact of the new deduction that President Obama signed into affect in December of 2011.

Will the European Economies affect our Interest Rates?

Will the U.S. Debt Ceiling affect our Interest Rates?

These questions are explored in this video.

For more information:
James W. Clark, Loan Originator 916.412.0909
Pam McCoy, Realtor® 916.865.8759

The Holidays are Coming and Everyone Likes Coming to Your Place




Have you outgrown your place? It may be time to look for a new home. I can help you with selling or purchasing a home. I service Folsom, Granite Bay, Roseville, Lincoln, Loomis, Rocklin, El Dorado Hills and surrounding areas.

I would love to help you! Give me a call today 916-865-8759.

Pam McCoy, e-PRO
Coldwell Banker Real Estate
1180 Iron Point Road, Suite 130
Folsom, California 95630
916-865-8759

“Home is where you hang your heart.”