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For Sale by Owners: List your Home Here.

Davis, Ca FSBOsIt’s absolutely free to list your FSBO home on this Davis Real Estate blog. No strings attached, nothing! Again, it’s absolutely free. Hooray for free!

The only limitation is that your FSBO actually has to be a home in Davis, Woodland, Winters, Dixon or Yolo County. And it should be for sale… unless, you feel you home is just simply spectacular and you really need to share.

Any homeowner can participate. If you are slightly computer savvy, I can set you up to post on your own. Otherwise, just email me at carmen@focusondavis.com with:

1. The details about your home
2. A picture or two of the home
3. A link to a spot where the reader can get more information (if applicable).

Yes, it’s that easy.

List your home here today.

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Five Ways to Grow Your Credit Score

Written by Carmen Isais

Improve Your Credit Score

“It is a buyer’s market out there.”   How many times have you heard that statement over the last several months? While, yes, it is true, that the recent market decline ion home prices has made property ownership a tangible reality for many people who were at one time priced out of the housing market, also true it that the same catalyst that has created the housing market decline is what is now over correcting and keeping so many new buyers out.

To put it simply, money is hard to come by.  The good news is HOMES ARE SELLING. The American Dream is still for sale…  to qualified buyers. Let’s get you qualifying with some of these tips.

  1. Pay down you credit cards: How much? According to my Mortgage Broker friends, paying down you cards by slightly more than 50%, and keeping the balances under this amount can add up too 100 points to your score.
  2. Avoid “same as cash” offers: Offered many times as furniture stores and electronic depots, these type credit lines are considered higher risk than conventional credit cards will will effect your credit rating accordingly. Does this that mean you should never take advantage of these, sometimes, very good offers? No, just know how it works, and perhaps wait until after the close of escrow to open this type account.
  3. Pay your bills on time: Seems like a no brainer, but you’d be surprised. If you’re the well meaning but disorganized type, ask you bank about automatic bill payments that go out electronically. This can save you time, hassle, and your credit score.
  4. Pay off debt, don’t just move it: I know that saying yes to that Zero percent interest rate seems like a good idea, but unless you are going to close out the first card (but wait, now you’ve just closed part of your credit history!), this could come back to bite you. Why? Having too much available credit on multiple cards is more likely to lower your score than having the same amount of debt from fewer companies.
  5. Keep your cards open: Don’t close unused cards, and in fact, use then every once in a while for small purchases that you pay off at the en of the month. This will help retain and build a longer credit history.

For more help or ideas on reaching your real estate goals and how improving your credit can get you there… call me, Carmen, who can get you connected to just the right person. I’m here to help. 530.601.1003 .

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Where in the World is Carmen Isais?

Written by Carmen Isais

 

Stonegate propery in Davis, CA Stonegate Open House

 

3204 Trawler Place,Davis, CA

Saturday March 29th, 11:00 am – 4:00 pm

 

Excellent starter home or investment property. This well maintained two bedroom Stonegate half-plex is a smart buy. Tile floors throughout. Lovely private backyard. And yes, Stone Gate privileges.

Available is a downloadable flyer for his open home.

Need more information? Call me directly at 530.601.1003

See you there!

 

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Practical Info: Pharmacies in Davis, CA

This week I had two clients ask me where to fill their prescriptions. And while I realize that this sort of information lacks all the glitz and glamor of my usual posts, I thought the practical need one I should fulfill. Now, without any further ado…


Click on the above map for more information on any of the flagged locations.

And by the way, as a super-sonic, top-notch Davis Real Estate professional, my talents are not limited to helping you fill your meds… Interested in buying or selling a home? That’s where I really shine. Call me. 530.601.1003.

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For Sale By Owner Homes in Davis, CA … Things to Think About

Do you really need a Realtor to help you sell your home?FSBO

The short answer, of course, is no.

Certainly one can buy a “for sale by owner” sign and hope for the best. And, nowadays a good “Dummies” book from the library will have all the necessary paperwork you need in the State of California. And, if you’re really clever, it should only take you a few days to figure these out.

However, a real estate agent can help you understand everything you need to know about the home selling process. And a good one can translate it into language that actually sounds like plain English.

Real estate transactions are one of the biggest financial dealings of most people’s lifetime. Today, most home sales in Davis, CA usually exceed $450,000.

If you had a $450,000 income tax problem, would you attempt to deal with it without the help of a certified professional accountant? If you had a $450,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be wise to work with a professional when you are selling a home.

If you’re still not convinced of the value of a real estate agent, here are more reasons to use one:

The ThinkerThink About It

  • When selling your home, your REALTOR can give you up-to-date information on what is happening in the marketplace as well as the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.
  • A good Realtor is also an objective observer. She can recommend repairs or cosmetic work that will significantly enhance the saleability of your property.
  • Your realtor markets your property to other real estate agents and the public. In many markets across the country, over half of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer.
    Your agent acts as the marketing coordinator, distributing information about your property to other real estate agents through a Multiple Listing Service (MLS) or other cooperative marketing networks, open houses for agents, etc. While you, most likely have another full time job.
  • Your realtor will know when, where and how to advertise your property. There is a misconception that advertising sells real estate. NAR studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. This is especially true of Coldwell Banker agents in Davis.
  • It’s one thing to get into escrow… it’s altogether another matter to get that escrow closed. During the course of escrow issues may arise. For example, unexpected repairs might be required to obtain financing or a title problem is discovered. The required paperwork alone is overwhelming for most sellers. But a good real estate agent is the best person to objectively help you resolve these issues and move the transaction to closing.

If you, or someone you know is considering selling a property on their own, call me, Carmen Isais, first. I can offer an objective opinion as to what that properties pitfalls might be. At the very least you are left you are left with a little extra knowledge. And information is never a bad thing. Hope to hear from you! 530.601.1003.

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Five Ways to Save Money to Buy a Home

Posted by Carmen Isais

  1. Every Penny Cou ntsI know everyone suggests it… now is the time to do it. Set aside a fixed amount every month from your paycheck. If you know you’re the type to be easily tempted, have your employment automatically deduct a certain percentage from your paycheck and have it deposited in a separate account. Use a special interest-bearing savings account to buy a home. Choose an account where withdrawals are minimally allowed. But take note of the interest rate! Calculate your interest earnings beforehand.

  2. Declutter your home and garage. Why? When you make room in your life for those things you want, you tend to find out what it is you really need. Moving out your old belongings helps to put things in perspective. Getting rid of that old bread-maker machinethat was used just twice might stop you from purchasing the food dehydrator that will sit and collect dust. If you have the urge to shop, take that money you would have spent and put it in your bank account. At the end of the month, take a look at the balance and then decide whether or not to make the purchase.

  3. Dine in. Yes, yes…. you deserve a night out. But, more than that you deserve a financial future worth having. Home ownership is always a step in the right direction. Cutting down on controllable extras, such as eating out, entertainment and gifts, can put more than a few pennies in you piggy bank.

  4. Pay down your credit cards. Not only will lowering your income to debt ratio help your credit score, it will also allow you to save that money you would have spent on interest.

  5. Tell a friend. And tell family too. Tell anyone who will listen that you are saving up to buy a home. Not only could the have good advice to share, you might end up with a down-payment gift for Christmas instead of fruitcake.

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Conforming Jumbo Rates, Something to Think About

Posted by Carmen Isais
Written by Steve GoldsteinThink Yolo Real Estate

First Northern is a direct Freddie lender meaning we have a direct channel for information on the new Conforming Jumbo programs – in fact we have multiple channels due to our correspondent relationships with other Freddie and Fannie lenders. Some brokers may not have full access to rates and pricing yet, but here at FNB we’re ready to do business with you. Now.
Following are today’s rates for 30yr fixed rates loans:

  • Owner-occupied: 6.875%, to 85% LTV with PMI + 700 fico, to 70% with 660 fico.
  • Investment: 7.375%, to 55% LTV with 660 fico.
    (APR varies. 5yr, 15yr and interest-only terms also available.)

Remember, with a loan at the new Conforming Jumbo limit: 20% down payment + $580,000 loan = $725,000 purchase price.

Spring is here, let’s get the party started.

Steve Goldstein
Licensed Mortgage Specialist
530-297-3909
First Northern Bank — Real Estate Lending Department
624 2nd Street (next to the historic Varsity Theater)
Davis, CA 95616
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What Good Therapists and Great Realtors Have in Common

Written Posted by Carmen Isais

Recently I received a call from a close friend who was having what he called a “dysfunctional relationship” with his therapist. After listening to the details I was amazed at how unprofessional some of the therapist’s conduct was… not just as a practitioner in the mental health field, but as a business owner, which is essentially what any independent contractor is.

It occurred to me then, that the fatal mistakes my friend’s therapist was making were the same blunders I’ve seen made by those in my own field. And following that logic, the makings of a good therapist were probably the same qualities a great agent should possess. So, both when head shrinking and house hunting, here’s a short list of things to look for, or more specifically, what good therapists and great realtors have in common.

They’re good listeners.
Seems like a given, perhaps, but not listening ears are created equal. Certainly, just about anyone can develop a knack for seeming interested in a conversation, but are they really engaged enough to pick up on small details? It is in the small details that you most learn about your client’s the needs and wants. Oftentimes, clients aren’t exactly sure what they are looking for, but a good listener can hone in on key pieces of information and, like a jigsaw, piece together a picture for them that makes sense and is recognizable.
They are empathetic.
Not all moves are easy to make. Death, illness, job-loss and divorce are realities of life. Sometimes individuals in these situations are highly motivated to move forward. But, more often than not people are depleted of energy, stuck in the ugliness of that moment’s reality, or overcome with grief. Working with families under these circumstances can be a lot to take on and requires not just patience but understanding.

They are looking out for your best interest. No, I mean really looking out for your best interest.
Simply put, good professionals in any field are honest and must always put their client’s best interest before their own. Example: Just as a therapist is unlikely to treat one member of a couple in conjunction to the couple as a whole, in marriage counseling, so too should Realtors be careful not to “double end” both sides of a transaction. What is good for the couple, might not be good for the individual. What is good for the buyer is not always good seller and vice versa. There might be expections to the rule… but I’m not convinced.
They know how to set boundaries.
Easier said than done. But really, the job of both therapists and Realtors is to give information and empower, but ultimately allow and encourage their clients to make the best choices possible for themselves. I think in both professions one must resist the instinct to rush in as a caretaker. I know in my line of work at least, I have had to say, “that is outside the job description.” Knowing when to say “no” is not always a natural talent. But, developing this gift is necessary for longevity. A burned out caretaker is useless. And besides, if a professional can’t negotiate his or her own time and interest, how will they possibly be able to handle yours?

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Who’s Behind the Web?


Carmen Isais - Realtor
Keller Williams, Davis

My work philosophy is simple. I approach each transaction with dedication, integrity and a sense of humor. The latter always comes in handy.
Those who have ultimately decided to work with me, know me to be a good listener, a sage advisor, a shrewd negotiator and extremely familiar with what is currently happening in Davis and the real estate market.

My Background?

A native Californian, I’ve been lucky enough to have lived throughout Southern, Northern and Central California. In 1993, I left the States to study abroad. After graduating from University of Maryland’s European Division (graduate Languages & Literature), I remained in Italy for several years and returned home to Davis where, aside from being a mother to three wonderful, little human beings, I began, grew and ultimately sold two successful businesses.

Using the many abilities I acquired with more than ten years as an independent business owner I decided to move my skill set, collaborate with like-minded locals and build something bigger for all of us.

Working now as a Realtor with KellerWilliams, Davis I’m spending my days doing what I do best… solving problems and finding solutions, creatively.

Want to know more? Please don’t hesitate in contacting me.

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