This is not a political post, but a good example of how politics and real estate collide on the local level. One of the largest companies in Rancho Cordova, Aerojet, has recently made a move to request a zip code change from the post office for some of its Rancho Cordova property to have a Folsom zip code. As you can see in the video below, Vice-Mayor David Sander is not happy. You can read a more detailed explanation by David Sander here. For those who may not be local, Folsom has a higher median income and higher property values than Rancho Cordova, and it’s important to note Aerojet has been the source of environmental issues in Rancho Cordova too as their Superfund site covers 5,900 acres according to the EPA.

Can you think of a move that would be similar from Rancho Cordova to Folsom? Maybe Sacramento to Elk Grove, Citrus Heights to Roseville or North Highlands to Antelope? Have you seen companies or households do this successfully? I’d be curious to hear from Folsom residents and Rancho Cordova residents also.

If you have any questions, or real estate appraisal or property tax appeal needs in the Greater Sacramento Region, contact Lundquist Appraisal by phone 916-595-3735, email, Facebook, Twitter or subscribe to posts by email.

As I mentioned previously, I’ll be heading to Kansas City next week as a part of delegation from the city of Rancho Cordova for the All-America City Awards. I wanted to invite you to follow this exciting journey next Wednesday through Friday through videos, Facebook & Twitter. Technology is going to help us connect!!! It should be great fun. Watch the videos below or here and here.

I’ll be posting from Kansas City mainly from my Twitter account @SacAppraiser and I’ll be getting some videos up at www.facebook.com/Project680 (directly on my YouTube page at www.youtube.com/lundquistco). The official hash-tag on Twitter is #AllAmericaCity (note it is not “American”, but “America”). I’d love to hear from you during my stint in Kansas City. Your support will be a huge encouragement.

This is a real honor for me to represent Project 680 and my city. Go Rancho Cordova!!!!

I’m very excited to announce Project 680′s upcoming “Biking for Socks” event on May 8, 2010. We are doing a community bike ride in order to accomplish three things: 1) Bring awareness to the problem of student homelessness in the FCUSD; 2) Collect socks for homeless kids in the FCUSD; and 3) Gather up a few bucks to be able to give to the District Liaison for Homeless Services so she can meet the needs of students on an “as needed” basis – meaning that when the neediest of students come to her, she can simply take care of some of the things they need – whether clothing, deodarant, shoes, study materials, etc….

Please have a look at the video below and let me know if you have any questions, ideas, or a desire to get involved in any way. Click HERE if you don’t see the video in your RSS or email subscription. Also, you can sign up for the event on Facebook HERE.

I hit the jackpot yesterday when talking with a local realtor, and it ended up being a “two birds with one stone” situation. Here’s what happened.

Earlier in the day I emailed a Facebook Realtor friend and asked her if she ever sold a condo in a particular subdivision in the city of Folsom. There are ZERO recent condo sales in this subdivision in Empire Ranch, so I want to get as much firsthand information as possible. Well, my friend gave me a chunk of insight, but it turned out that she needed some help because she was having financing issues with one of her deals in the “Rivage” condo subdivision in Folsom.

Anyway, through the course of contacting listing agents for research for my appraisal, I talked with Realtor Ann Boswell of Insight Real Estate. I had never spoken with Ann before, but she ended up being a wealth of information for not only the subject subdivision, but for “Rivage” up the street. Ann spent a good 10-15 minutes on the phone with me (I love when Realtors take time like that. It’s good on so many levels). 

It turns out that since Rivage has not yet completed construction, some of the buildings are FHA approved and others are not. That could be an issue, don’t you think? It’s funny to think that despite these buildings being next door to each other in the same new development, some of them don’t make the cut (yet) to be guaranteed by HUD. More specifically, per HUD’s website, only buildings 1 and 13-26 are currently approved by HUD/FHA.

Two birds with one stone? One, I got insight into the subject subdivision. And Two, thanks to Ann Boswell I was able to resource my Facebook friend with information on Rivage and why her deal was maybe having some issues. But most of all, I was able to give my Facebook friend the name of someone at Wells Fargo who could help her get her condo on the HUD approved list.

You can search HERE to see the HUD/FHA approved condominium list.