Jeff Yocca's (jyocca) Blog

Real Estate Agent - McMartin Realty
Check out the article in the BEE: another reason for our investors to buy property in the Sacramento Valley to rent in the 'less expensive range'.  I just sent that article to an investor who bought two condo...
Finally closed with my first time home buyers.  It took their lender an additional month to close than we expected.  But, everyone is happy now. I'd upload a pic of father and son at their new front door, but I keep getting a gateway error. I'll try again later!  
Holding open house today between 1:00 and 4:00 Similar property sold for $1.2M a few years ago. This one is listed at $649,000!   Prop Type Residential Prop Subtype(s) 1 House on Lot Area 10693 Subdivision The Ranch     Beds 4 Apx SqFt-Primary Res 4400 Assessor/Auto-Fill Baths(FH) 4 (3 1) Price/...
Closed on investor sale today. 3 br/2 ba, 1450 sq.ft. home in Sacramento. Client wants me to find him another one right away.
I met yesterday with my first time homebuyers to sign some additional papers. They are a young family with a 10 month old son. They are purchasing a new construction, 3 bedroom, 2 bath house south of Sacramento, CA. Because of lucky timing, they are taking advantage of both the federal tax credit...
I helped a young family purchase their first home in Elk Grove CA, 14 miles south of Sacramento. They decided to buy a new home at a developement called Monterey Village. The home they chose is a 3 bedroom, 2 bath single story 1465 sq ft stucco house with a tile roof and 2 car garage. Because the...
Jim Wasserman with the Sacramento Bee stopped by my open at Monterey Village in Elk Grove.    
I represent a lot of buyers in my business. They are having to submit multiple offers on houses. I met a new client at an open house yesterday who said that he has been looking for 2 years. I also had another client tell me he's taking a break after placing offers in multiple offer situations and...
I held an open house for a nice 3 bedroom, 2 bath REO listing last weekend in the Sacramento area. Based on the comparables, which I chose for their age, size and location, the bank requested the property be listed a little below what I considered to be market value. The open house was modestedly...
I went to the IRS.Gov website and pulled the following information.  "First-time homebuyers may be able to take advantage of a tax credit for homes purchased in 2008 or 2009. The credit: Applies to purchases that close after April 8, 2008, and before Dec. 1, 2009. Applies only to homes used as a ...

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