Jan
5
Beautiful Custom home in the desirable Kenneth Meadows area. This contemporary custom is truly one of a kind. There is a large formal living room and dining room great for entertaining. The kitchen has recently been updated with granite counters,appliances, and overlooks the family room. The back yard is paradise with built in pool/spa, built in barbecue and gas fire pit. The master suite has a sitting area with fireplace and jetted tub. There is also a 3 car garage and so much more…
Virtual Tour
Aug
11
Exceptional Cusom Home in Camden Passage! (edit/delete)
8824 SAN BADGER Way, Elk Grove CA 95624
BEAUTIFUL CAMDEN PASSAGE CUSTOM!
4152 square feet of living space
4 bedrooms, 4 full baths
Large gourmet kitchen with granite counters
Built in pool with spa and waterfall
Master suite with retreat, oversized 3 car garage with workshop
Additional 1000 square foot sunroom, additional 600 square foot enclosed patio
This is a one of a kind custom home in Camden Passage. You enter through a tranquil court yard with a fountain and patio. The main entry and formal living areas have hardwood floors. There are is a large family room and enclosed patio/game room for family fun. The home has 4 bedrooms and 4 full baths, upstairs laundry room and so much more to offer. If you are looking for a unique home, this is a great opportunity to live in Camden Passage.
For more information or to schedule a private showing
Mark DeGennaro Realtor (916) 688-8060
Email MarkDeGennaro@kw.com Online http://www.MarkDRealty.com
Jun
15
| The time is here again!!!Last year I sent this information out about lowering your assessed value on your home. This has come around again. I would be happy to help you fill out the form for the reduction. Please be advised that there are companies out there that will contacting via mail or phone to do this for you for a fee. It is a simple process and as a service to my current and past clients there is no charge. Below is a link to see if your home has been already reduced and another link for the appeal form. I always look forward to hearing from you.
Property list Request for review form Mark DeGennaro Realtor Keller Williams Realty (916) 688-8060 |
Mar
6
Hello there,
After so many inquiries about the credits I thought this would be good information to pass along.
Mark
Here is some info straight from the State website: http://www.ftb.ca.gov/individuals/New_Home_Credit.shtml#def3. Here are the highlights:
- The credit is for $10,000 or 5% of the home price, whichever is less.
- The tax credit is spread our over 3 years (beginning with the taxable year the home was purchased), with $3,333 applying to tax liability only. It is not refundable and cannot be carried over to the following year if it isn’t used up.
- Qualifying homes are single-family, primary residence homes that have never been occupied. This includes condos unless the condos were converted from apartments.
- The occupants must be in the home for 2 years.
- The budget for the tax credit is $100 million and is given out on a first-some first-served basis so it will likely run out within the year. The website above will update regularly to show the funds left. This may be a good selling point – the sense of urgency.
Nitty-gritty details are on the website above. Let me know if you have any other questions.
Keith Collins, CMP
Certified Mortgage Planner
(916) 988-5858 Main
(916) 673-5800 Fax
(916) 759-7354 Cell
E-mail: KCollins@MastersTeamMortgage.com
Web: www.MastersTeamMortgage.com
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Mark DeGennaro Keller Williams Realty 9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624 Direct: (916) 688-8060 Office: (916) 480-8324 E-mail: markdegennaro@kw.com Website: http://markdhomesales.com |
Mar
3
Leading with Passion. Delivering with Integrity. Keeping our Promise.
Provided to you Exclusively by Masters Team Mortgage |
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Masters Team Mortgage
Office: 916-988-5858
Fax: 916-673-5800
E-Mail: info@mastersteammortgage.com
Website: www.mastersteammortgage.com
| For the week of Mar 02, 2009 — Vol. 7, Issue 9 |
Last Week in Review  |
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| “BAD NEWS GOES ABOUT IN CLOGS, GOOD NEWS IN STOCKINGED FEET.” Welsh Proverb. And while last week did have some negative economic reports clomping through the headlines, there was also some good news tiptoeing around.
The unemployment line is getting even longer, as Initial Jobless Claims showed that the number of people collecting benefits reached a record high of 5.11 million. Not surprisingly, Consumer Confidence fell to its lowest reading since records began in 1967. The sour report indicates that the fear of losing one’s job has made the consumer more reluctant to spend. Gross Domestic Product (GDP) is the broadest measure of economic activity - and for the 4th quarter of 08, came in worse than expectations and at its lowest reading since 1982. You can see the comparison for the last four years in the chart below.
The news on the housing front was also gloomy; as New Home Purchases dropped to the lowest level since data collection began in 1963. Existing Home Sales for January came in lower than expected; however, that number was probably influenced by buyers waiting to see what the government’s Stimulus Plan might have in store for them. The Treasury Department announced on Friday that they plan to take a 36% stake in Citigroup by converting $25 Billion of preferred shares into common stock. The move will dramatically dilute shareholder value, but should help bolster the struggling bank’s capital base. Some good news from Reuters, as they released the results of a survey of 47 professional forecasters, predicting that the economy will begin to recover in the second half of this year. Additionally, the Chicago Purchasing Managers Index was better than expected, and being a forward-looking indicator, gives another bright spot of hope down the road. Despite the negative news, Bonds and home loan rates were not able to make improvements over the course of the week, and ended a bit worse than where they began. MORE CLARIFICATION ON THE ECONOMIC STIMULUS PLAN…AND HOW IT MAY BENEFIT YOU! READ THE WEEK’S MORTGAGE MARKET VIEW BELOW FOR MORE DETAILS. |
| Forecast for the Week |
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| The week ahead will be bookended with two very important economic reports, and could be volatile in between with more details on the Homeowner Affordability and Stability Plan due to be released on Wednesday.
Among the details to be released is information on whether loans that are in good standing, and which are already guaranteed by Fannie Mae and Freddie Mac, will be able to refi, even if the loan balance is 5% greater than the home’s current value. This will determine the ability of many homeowners to benefit from lower rates. Currently many homeowners would love to cut their monthly expenses with the lower home loan rates available today, but are unable to due to the drop in home values. This new provision could help many people solve that dilemma. I will be watching this closely and would enjoy speaking with you more about this as details are released to see if this can benefit you. Monday brings the details on the Fed’s favorite gauge of inflation, the Core Personal Consumption Expenditure (PCE) index, found within the Personal Income report. Given the recent concerns on deflation, it will be interesting to see what this report shows. On Friday, the Labor Department releases its Jobs Report for February. Last month’s report showed that 598,000 jobs were lost in January, and that about 3.6 Million jobs have been lost since December 2007. Given the number of new Initial Jobless Claims filed last month, Friday’s Jobs number probably won’t be a pretty one. Weak economic news normally helps Bonds and home loan rates improve, as money flows out of Stocks and into Bonds. However, Bonds and home loan rates worsened last week, despite the weak economic news, due to tough technical resistance and the enormous supply of Bonds being put out on the market. But as you can see in the chart below, an important floor of support kept Bonds and home loan rates from worsening further. I will be watching closely to see if Bonds and home loan rates can reverse course and find some improvement in the coming days. Chart: Fannie Mae 4.5% Mortgage Bond (Friday Feb 27, 2009)
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| The Mortgage Market View… |
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| The Week’s Economic Indicator Calendar |
| Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise.
Economic Calendar for the Week of March 02 – March 06
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| The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is not without errors.
As your trusted advisor, I am sending you the MMG WEEKLY because I am committed to keeping you updated on the economic events that impact interest rates and how they may affect you. In the unlikely event that you no longer wish to receive these valuable market updates, please USE THIS LINK or email: info@mastersteammortgage.com If you prefer to send your removal request by mail the address is:
Mortgage Success Source, LLC is the copyright owner or licensee of the content and/or information in this email, unless otherwise indicated. Mortgage Success Source, LLC does not grant to you a license to any content, features or materials in this email. You may not distribute, download, or save a copy of any of the content or screens except as otherwise provided in our Terms and Conditions of Membership, for any purpose.
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Keith Collins, CMP
Certified Mortgage Planner
(916) 988-5858 Main
(916) 673-5800 Fax
(916) 759-7354 Cell
E-mail: KCollins@MastersTeamMortgage.com
Jan
4
GE Recalls Wall Ovens
Posted by under For Buyers, For Realty Professionals, For Sellers, General Information
GE Wall Oven - November 2008 Recall
GE is recalling about 244,000 GE Profile, Monogram and Kenmore wall ovens to inspect and repair defective units which could post a fire and burn risk.
The extreme heat used in the self-clean cycle can escape, if the wall oven door is removed and incorrectly re-attached by the installer or the consumer. This can pose a fire and burn hazard to consumers.
GE said it is aware of 28 incidents of minor property damage in which adjacent kitchen cabinets have been damaged. No injuries have been reported.
This recall involves GE wall ovens sold under the following brand names: GE®, GE ProfileTM, Monogram® and Kenmore®. The wall ovens were sold in white, black, bisque and stainless steel.
To determine of your wall oven is included in the recall go to >>>>>>http://www.geappliances.com/products/recall/wall_oven_08/
his was brought to my attention and wanted to share it with all! I know with holiday season we all will probably be using our ovens. In our house it is the holiday time when we have friends and family over, and what do you dread, someone opening the oven. This is a recall for thoughs of you like me that would put the oven on clean and leave.
I hope you all have a hppy and safe holiday seasonThis was brought to my attention and wanted to share it with all! I know with holiday season we all will probably be using our ovens. In our house it is the holiday time when we have friends and family over, and what do you dread, someone opening the oven. This is a recall for thoughs of you like me that would put the oven on clean and leave.
GE Wall Oven - November 2008 Recall
GE is recalling about 244,000 GE Profile, Monogram and Kenmore wall ovens to inspect and repair defective units which could post a fire and burn risk.
The extreme heat used in the self-clean cycle can escape, if the wall oven door is removed and incorrectly re-attached by the installer or the consumer. This can pose a fire and burn hazard to consumers.
GE said it is aware of 28 incidents of minor property damage in which adjacent kitchen cabinets have been damaged. No injuries have been reported.
This recall involves GE wall ovens sold under the following brand names: GE®, GE ProfileTM, Monogram® and Kenmore®. The wall ovens were sold in white, black, bisque and stainless steel.To determine of your wall oven is included in the recall go to >>>>>>http://www.geappliances.com/products/recall/wall_oven_08/
Oct
28
City goes with one-stop shopping for family
recreation
Published: Sunday, Oct. 26, 2008 |
The town that didn’t have a bowling alley will not only get one – but also will have a fitness center, water park, extreme sports complex, synthetic ice skating rink and maybe even a gymnastics academy.
All in one spot.
At 200,000 square feet, almost half the size of Arco, the cavernous former JVC compact disc manufacturing plant on Laguna Boulevard will feature a Strikes Family Entertainment Center, with bowling, an arcade, corporate conference center, Coach’s restaurant and bar and even synthetic ice skating. Strikes is set to open the week of Thanksgiving.
But it also will include:
• A California Family Fitness center with 55,000 feet of workout space, basketball courts and such, along with three outdoor pools and a water park area. When it opens next spring, it will be the local company’s 16th complex – No. 15 is set to open Monday in Citrus Heights.
• Dream Xtreme, a locally owned extreme sports complex with a $1 million wave-making machine for surfing and body surfing; rock-climbing walls; trampolines the size of a basketball court, with 45-degree trampolines on the outside for bouncing off the walls; and paintball outside in at least one 50-foot-by-100-foot tent. Shane Carter of Elk Grove, head of a group of eight local investors, also hopes to open the complex by Thanksgiving.
• A California Sun Center tanning facility and, perhaps, a major sports training center, dance studio, gymnastics academy, roller rink and more.
For now, it is a massive structure with 33-foot-high ceilings, filled with construction workers, painters, all manner of equipment and 44 not-yet-glistening bowling lanes.
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Mark DeGennaro Keller Williams Realty 9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624 Direct: (916) 688-8060 Office: (916) 480-8324 E-mail: markdegennaro@kw.com Website: http://markdhomesales.com |
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Oct
28
Sacramento Housing Inventory Shrinks!
Posted by under For Buyers, For Realty Professionals, For Sellers, Regional News, Elk
Daily Real Estate News | October 28, 2008 |
Bargain Hunters Shrink Housing Inventory
Bargain hunters and home owners who pulled their properties off the market hoping for better days down the road helped shrink the inventory of available homes in September, according to a Wall Street Journal survey.
The largest year-over-year declines in inventory were 32.1 percent in Sacramento, 27.1 percent in Orange County, Calif., 21.6 percent in Los Angeles, 21.5 percent in Boston, 21.1 percent in Denver, and 20.6 percent in San Diego.
Demand for housing has slowed even as the population has increased, according to Census Bureau figures. Mortgage Bankers Association chief economist Jay Brinkmann blames lack of jobs, noting that young people don’t go out on their own nearly as frequently during tough times.
Source: The Wall Street Journal, James R. Hagerty (10/28/08)
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Give me a call to find your Bargain!
(916) 688-8060
Oct
27
Placer County Property tax Appeal
The last post I did was for Sacramento county tax reduction. I also wanted to give you information for Placer County.
The link is for the Assessors Office. I hope this helps my contacts that live in, or own property in Placer County.
Take care
Mark DeGennaro
Keller Williams Realty
9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624
Direct: (916) 688-8060
Office: (916) 480-8324
E-mail: markdegennaro@kw.com
Website: http://markdhomesales.com
Oct
24
Hello,
I just wanted to let you know that the time line to file the tax reassessment application. I did file this on my home and was able to reduce my taxes over $2000. I am letting my clients know about this option to help them save a few dollars in a challenging economic time.
The Sacramento county assessors office has more information. The site will show the properties that have been reduced, but remember there is still room for reduction on many homes. If you need help feel free to give me a call! Dec 1 is the deadline
Mark DeGennaro
Keller Williams Realty
9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624
Direct: (916) 688-8060
Office: (916) 480-8324
E-mail: markdegennaro@kw.com
Website: http://markdhomesales.com
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