Market trends and real estate appraisals for divorce, estate settlement, loans, property tax appeal, pre-listing and more. We cover Sacramento, Placer and Yolo County. We're professional, courteous and timely.
Here is a video from Freddie Mac about which documents to gather before discussing a loan modification with your lender. What do you think? If you cannot see the video below if you subscribe by RSS feed, click HERE.
www.SacramentoAppraisalBlog.com Tips from Freddie Mac on Which Documents You Need to Gather Before Calling Your Lender to Discuss Loan Modification
While in Newman, CA today on an appraisal inspection I snapped the following image of a vacant site that will someday be Hurd Barrington Elementary School. According to the Newman Crows Landing Unified School District (NCLUSD), ground for this school was broken in July 2009.
Vacant residential and commercial sites are fairly common in today’s market when considering developments that are newer in age (and ones that were not quite built out before the real estate bubble burst). Whenever I see an image as such, or even vacant residential lots, a “coming soon” sign for a neighborhood park or commercial area, I always think of the phrase “a sign of the times”.
www.SacramentoAppraisalBlog.com Vacant Site in Newman, CA: Photo from the Field
If you live in Placer County and would like to see what the Placer County Assessor says your house is worth, click HERE. Please note that the aforementioned link to the Assessor website asks you to provide your parcel number in order to view your assessed value.
If you don’t know your parcel number or need some help looking it up, just give me a call at 916-595-3735 and I’ll look it up for you (or I can email it to you). I am happy to help where I can. Remember, the assessment figures are supposed to be based upon the worth of your property as of January 1, 2009. If you think the Assessor didn’t get it right for your property, let’s talk soon and explore what your options are. If it makes good economic sense for you to appeal your property taxes, then we’ll be glad to provide our services to you.
By the way, according to the Placer County Assessor: The 2009-2010 Placer County Property Assessment Roll consists of 174,088 assessments with a value of $ 56.5 billion dollars.
www.SacramentoAppraisalBlog.com New Assessments Available in Placer County for 2009-10 Tax Year
What does HUD say about water heaters? First and foremost, the water heater must work and must be able to do its job. This is not a revolutionary concept, but if there is no hot water coming out the faucet when there should be, then clearly there is an issue to be solved. Testing the water temperature and water pressure is something that appraisers do during an FHA property inspection. Secondly, if local code states that the water heater must be strapped, then HUD requires a strap.
If you have any questions about FHA standards or FHA real estate appraisals in the Sacramento Region, give me a call at 916-595-3735 or shoot me an email at info@LundquistCompany.com.
www.SacramentoAppraisalBlog.com What does FHA say about water heaters?