Homes' Sales Prices - September 2007

Are You Thinking of Buying or Selling a Home in Folsom, Granite Bay, or El Dorado Hills in the Near Future or Know Someone Who is?

Please call Patrick for a personal interview and property assessment with no obligation.

County/City/Area	# Sold	7-Sep	6-Sep	% Change
SACRAMENTO COUNTY	1117	"$308,000.00 "	"$357,000.00 "	-13.73%
ANTELOPE	43	"$301,500.00 "	"$385,000.00 "	-21.69%
CARMICHAEL	45	"$335,000.00 "	"$400,000.00 "	-16.25%
CITRUS HEIGHTS	65	"$275,000.00 "	"$318,500.00 "	-13.66%
ELK GROVE	157	"$335,000.00 "	"$450,000.00 "	-25.56%
FAIR OAKS	36	"$449,500.00 "	"$397,250.00 "	13.15%
FOLSOM	66	"$408,000.00 "	"$452,500.00 "	-9.83%
GALT	23	"$340,000.00 "	"$379,000.00 "	-10.29%
ISLETON	2	"$840,000.00 "	"$286,000.00 "	193.71%
NORTH HIGHLANDS	20	"$178,500.00 "	"$270,000.00 "	-33.89%
ORANGEVALE	18	"$309,500.00 "	"$360,000.00 "	-14.03%
RANCHO CORDOVA	130	"$325,500.00 "	"$400,000.00 "	-18.63%
RIO LINDA	4	"$241,250.00 "	"$306,000.00 "	-21.16%
SACRAMENTO	496	"$283,500.00 "	"$330,000.00 "	-14.09%
SLOUGHHOUSE	5	"$655,000.00 "	"$599,000.00 "	9.35%
WALNUT GROVE	2	"$558,750.00 "	n/a	n/a
EL DORADO COUNTY	143	"$405,000.00 "	"$481,750.00 "	-15.93%
CAMINO	2	"$278,500.00 "	"$340,000.00 "	-18.09%
COOL	2	"$407,000.00 "	"$400,000.00 "	1.75%
EL DORADO HILLS	35	"$575,000.00 "	"$652,000.00 "	-11.81%
GRIZZLY FLATS	4	"$319,500.00 "	"$200,000.00 "	59.75%
PLACERVILLE	22	"$398,500.00 "	"$330,000.00 "	20.76%
POLLOCK PINES	13	"$380,000.00 "	"$310,000.00 "	22.58%
SHINGLE SPRINGS	16	"$389,250.00 "	"$448,000.00 "	-13.11%
SOUTH LAKE TAHOE	44	"$366,250.00 "	"$480,000.00 "	-23.70%
PLACER COUNTY	436	"$402,000.00 "	"$430,000.00 "	-6.51%
AUBURN	25	"$399,000.00 "	"$434,000.00 "	-8.06%
CARNELIAN BAY	3	"$575,000.00 "	n/a	n/a
COLFAX	5	"$387,500.00 "	"$300,500.00 "	28.95%
FORESTHILL	3	"$382,000.00 "	"$420,000.00 "	-9.05%
GRANITE BAY	16	"$829,500.00 "	"$902,000.00 "	-8.04%
KINGS BEACH	7	"$459,000.00 "	"$332,000.00 "	38.25%
LINCOLN	108	"$370,000.00 "	"$425,000.00 "	-12.94%
LOOMIS	7	"$400,000.00 "	"$499,500.00 "	-19.92%
MEADOW VISTA	3	"$450,000.00 "	"$588,000.00 "	-23.47%
NEWCASTLE	6	"$745,000.00 "	"$581,000.00 "	28.23%
OLYMPIC VALLEY	2	"$2,682,500.00 "	"$427,500.00 "	527.49%
PENRYN	2	"$662,500.00 "	"$692,454.50 "	-4.33%
ROCKLIN	65	"$400,000.00 "	"$455,000.00 "	-12.09%
ROSEVILLE	159	"$388,000.00 "	"$400,472.00 "	-3.11%
TAHOE CITY	10	"$972,500.00 "	"$887,500.00 "	9.58%

Folsom Luxury Homes and Land Specialist

Our motto is to always "Do the Right Thing", starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, and even do a home search for energy saving features. Are you looking for short sales or bank owned properties? With this powerful home search engine that information is right at your fingertips now.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

Labels: Home_Prices

posted by Patrick Warholic @ 11:04 AM

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Common Questions to Getting That Home Loan

What steps can I take to improve my chances of getting a loan?

Today many lenders are more flexible and allow a greater percentage of monthly income to go toward mortgage payments. But they are more stringent on credit card balances. Lenders often count 5% of the balance as a borrower's monthly payment, instead of the credit card's minimum payment. If you are planning to pay off some debts before you apply for a loan, consider the ones with the largest monthly payment. Many lenders, for example, prefer to have a car loan paid off, because borrowers are not likely to go out and buy a new car right away. On the other hand, if credit cards are paid off, a borrower might start charging again.

Should I wait until interest rates drop?

Time is money. Can you afford to wait? Of course home buyers want to buy when interest rates are at their lowest. When interest rates are at near-record lows, potential buyers or homeowners looking to move up are asking themselves if the time is right to act. But no one can predict with certainty where rates are headed at any particular time. Waiting for a bottoming out may instead provide time for rates to rise.

What's the debt-to-income ratio lenders use to qualify borrowers?

Many lenders use two ratios when they decide whether to approve a mortgage. If, for example, the ratios are 28/36, the "front" ratio of 28% means the lender will allow a mortgage payment (including principal, interest, taxes and insurance) of up to 28% of the borrower's monthly pre-tax income. The "back" ratio of 36% means all loan and credit payments cannot exceed 36% of the borrower's monthly income.

For more information visit the California Home Network, your:
Folsom Luxury Homes and Land Specialist

Our motto is to always "Do the Right Thing", starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, and even do a home search for energy saving features. Are you looking for great real estate deals, short sales, or bank owned properties? With this powerful home search engine that information is right at your fingertips now.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

Labels: Buying, Homes, Informational, Real_Estate, Tips

posted by Patrick Warholic @ 9:04 PM

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Avoiding Gapital Gains Tax on the Sale of Your Home

Worried about taxes eating away too much of the profit on your home? Under a law enacted about ten years ago, a married couple filing jointly usually can exclude as much as $500,000 of their gain. For someone who is single or married and filing separately, the limit is $250,000.

To qualify for the full exclusion, you typically must have owned the home and lived in it as your primary residence for at least two of the five years prior to sale.

This exclusion applies only to your primary residence. Even someone who couldn't pass those tests might qualify to exclude most or all of the gain under certain circumstances. The seller may be eligible for a reduced exclusion if that person had to sell because of a "change in place of employment", health reasons or "unforeseen circumstances." What are unforeseen circumstances? Examples cited by the Internal Revenue Service include divorce, death, or "multiple births resulting from the same pregnancy."

Some think they're required to buy a new home to qualify for this home-sale gain exclusion. That's wrong. They're probably thinking about a law that was repealed about a decade ago, under which you could defer tax on the gain on the sale of your home by rolling over the proceeds into a new home that cost as much as, or more than, the old one. Congress eliminated that law, in part because it was viewed as unfair to people who wanted to downsize and buy a less expensive home or to sell and move into a rental. Contact Patrick Warholic, your Folsom, El Dorado Hills, and Granite Bay Realtor for details.

Folsom Luxury Homes and Land Specialist

Our motto is to always "Do the Right Thing", starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, with community search parameters, and even do a home search for energy saving features too. Are you looking for great real estate deals, short sales, or bank owned properties? With this powerful home search engine that information is right at your fingertips now.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

Labels: Homes, Informational, Properties, Real_Estate, Taxes, Tips

posted by Patrick Warholic @ 8:56 PM

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Check This Out: Food 411 Dot Com

Imagine a huge, searchable directory of food-related websites. For example, the Food Reads section is divided into magazines, books, blogs, and recipe sites.

For everything on the Web related to online food shopping opportunities; gourmet foods online, ingredients, recipes, regional specialties, food blogs, unique food gifts, and meals delivered--each and every listing has been carefully reviewed & hand-selected.

So for a great food resource, go to: www.food411.com

Brought to you by California Home Network,
Folsom Luxury Homes and Land Specialist

Our motto is to always "Do the Right Thing", starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, with community search parameters, and even do a home search for energy saving features too. Are you looking for great real estate deals, short sales, or bank owned properties? With this powerful home search engine that property information is right at your fingertips now.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

Labels: Informational, Tips

posted by Patrick Warholic @ 8:47 PM

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11 Things Every Young Child Should Know About Money

What you want your child to know about money depends on your personal values. Here are some concepts that are recommended for our children to understand:

1. Spending, saving and sharing are ways to use money.


2. Saving allows you to buy something in the future because you don't have enough money today.


3. People have a limited amount of money to spend.


4. Money can be spent only once-after you buy something you need more money to buy something else.


5. Planning helps people set goals and make choices about money.


6. People do some things for each other without being paid.


7. People give money to help others.


8. People pay for things in different ways.


9. Some things do not cost any money.


10. People in a community share the cost of some work done for everyone.


11. Paper money and coins are worth different amounts.

Folsom Luxury Homes and Land Specialist

Our motto is to always "Do the Right Thing", starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, with community search parameters, and even do a home search for energy saving features too. Are you looking for great real estate deals, short sales, or REO bank owned properties? With this powerful home search engine, that information is right at your fingertips now.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

Labels: Informational, Tips

posted by Patrick Warholic @ 8:42 PM

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Home Sales Prices - August 2007

Are You Thinking of Buying or Selling a Home in the Near Future or Know Someone Who is?

Please call for a personal interview and property assessment with no obligation.

County/City/Area	# Sold	7-Aug	6-Aug	% Change Yr-to-Yr
SACRAMENTO COUNTY	1397	"$314,000.00 "	"$365,000.00 "	-13.97%
ANTELOPE	67	"$310,000.00 "	"$381,000.00 "	-18.64%
CARMICHAEL	37	"$350,000.00 "	"$405,000.00 "	-13.58%
CITRUS HEIGHTS	72	"$285,000.00 "	"$320,000.00 "	-10.94%
ELK GROVE	205	"$351,000.00 "	"$455,000.00 "	-22.86%
ELVERTA	3	"$465,000.00 "	"$285,000.00 "	63.16%
FAIR OAKS	45	"$340,000.00 "	"$397,000.00 "	-14.36%
FOLSOM	90	"$426,000.00 "	"$470,000.00 "	-9.36%
GALT	29	"$350,000.00 "	"$474,000.00 "	-26.16%
NORTH HIGHLANDS	29	"$179,000.00 "	"$270,000.00 "	-33.70%
ORANGEVALE	26	"$332,500.00 "	"$355,000.00 "	-6.34%
RANCHO CORDOVA	114	"$333,250.00 "	"$403,500.00 "	-17.41%
RIO LINDA	15	"$270,000.00 "	"$277,500.00 "	-2.70%
SACRAMENTO	648	"$291,750.00 "	"$335,000.00 "	-12.91%
SLOUGHHOUSE	8	"$507,250.00 "	"$525,000.00 "	-3.38%
WILTON	6	"$773,500.00 "	"$1,167,500.00 "	-33.75%
EL DORADO COUNTY	185	"$460,000.00 "	"$498,250.00 "	-7.68%
CAMINO	8	"$370,000.00 "	"$310,000.00 "	19.35%
COOL	3	"$282,500.00 "	"$355,600.00 "	-20.56%
DIAMOND SPRINGS	2	"$312,000.00 "	"$298,000.00 "	4.70%
EL DORADO HILLS	64	"$614,750.00 "	"$675,000.00 "	-8.93%
GEORGETOWN	5	"$350,000.00 "	n/a	n/a
GRIZZLY FLATS	3	"$180,000.00 "	"$289,000.00 "	-37.72%
PLACERVILLE	13	"$380,000.00 "	"$374,250.00 "	1.54%
POLLOCK PINES	12	"$277,000.00 "	"$325,000.00 "	-14.77%
SHINGLE SPRINGS	25	"$400,000.00 "	"$554,000.00 "	-27.80%
SOUTH LAKE TAHOE	46	"$409,500.00 "	"$434,500.00 "	-5.75%
PLACER COUNTY	568	"$429,000.00 "	"$445,000.00 "	-3.60%
ALTA	3	"$350,000.00 "	n/a	n/a
AUBURN	29	"$407,000.00 "	"$475,000.00 "	-14.32%
CARNELIAN BAY	5	"$650,000.00 "	n/a	n/a
COLFAX	7	"$357,000.00 "	"$379,000.00 "	-5.80%
FORESTHILL	7	"$585,000.00 "	"$365,000.00 "	60.27%
GRANITE BAY	42	"$810,000.00 "	"$760,000.00 "	6.58%
HOMEWOOD	3	"$685,000.00 "	n/a	n/a
KINGS BEACH	6	"$365,000.00 "	"$434,250.00 "	-15.95%
LINCOLN	100	"$390,250.00 "	"$424,000.00 "	-7.96%
LOOMIS	19	"$400,000.00 "	"$695,000.00 "	-42.45%
MEADOW VISTA	9	"$560,000.00 "	"$655,000.00 "	-14.50%
NEWCASTLE	5	"$516,500.00 "	"$690,000.00 "	-25.14%
OLYMPIC VALLEY	5	"$870,000.00 "	"$755,000.00 "	15.23%
PENRYN	3	"$674,500.00 "	"$637,500.00 "	5.80%
ROCKLIN	72	"$415,500.00 "	"$460,000.00 "	-9.67%
ROSEVILLE	230	"$409,000.00 "	"$425,000.00 "	-3.76%
TAHOE CITY	9	"$749,000.00 "	"$1,212,500.00 "	-38.23%
TAHOE VISTA	3	"$485,000.00 "	"$325,000.00 "	49.23%

Folsom Luxury Homes and Land Specialist

Our motto is to always "Do the Right Thing", starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, with community search parameters, and even do a home search for energy saving features too. Are you looking for great real estate deals, short sales, or REO bank owned properties? Now with this powerful home search engine, that information is right at your fingertips.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.

Labels: Home_Prices

posted by Patrick Warholic @ 6:17 AM

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Contact Patrick 916-208-3892