Elizabeth Weintraub • Sacramento Short Sale Agent • Land Park

I used to be an Estee Lauder girl. Devoted to the line. Couldn't wait for Free Gift With Purchase. But I am now a traitor. I have deflected to Chanel. I used to be a huge fan of Chanel Allure. In fact, one of the sentences I practiced over and over in my head when I first visited Paris was how to ask a shop-owner if she carried Chanel Allure and how much it cost. Yet, I never really used Chanel makeup products. All of that changed last week.

An agent in my Lyon Real Estate office also works at Macy's. Her name is Linda Loli. She's a veteran in the Chanel department, and her make-up always looks great. Sometimes I stop to chat with her while I am downtown at Macy's. She suggested I make an appointment to look at Chanel's product line, so I took her up on it. It's been years since I bought a lot of make-up. And let's face it, I'm not getting any younger; what was a good look in my 40s looks rather silly as I approach my 60s.

Linda says Chanel is the best, and I believe her. In comparison, I'd say Estee Lauder is an A-minus. But I wouldn't have downgraded Estee Lauder if I hadn't tried Chanel. It makes a foundation that doesn't dry out my face and is a liquid-based pressed compact. Chanel also makes a lipstick that doesn't come off. No joke. One end of the tube is a stain, which makes your lips feel yucky, but the other end is a sealer, which gives your lips shine and moisture. You can eat lunch, and your lipstick still looks fabulous. It's an incredible product that I've been wanting for years. Rouge Double Intensite, Ultra Wear Lip Colour.

There's a reason I'm mentioning this to you, a parallel coming up. See, yesterday I received a referral call. A previous client had referred a home seller to me. He wasn't trying to do a short sale. The guy wanted to sell his personal residence as a regular seller. About half of my real estate business in Sacramento is regular real estate sales. Because he had equity, he wanted to get the most bang for his buck, meaning the first words out of his mouth were about finding an agent who charges the lowest amount of commission. He almost apologetically explained that he was planning to interview agents, maybe 3 of them, and wanted to know if that approach was OK with me.

Sure, I responded, because after you speak with several other agents, it will be apparent you're not going to find a better Sacramento agent than me. I welcome comparisons. I say this not out of arrogance but because I believe it. I know lots of agents who don't believe this about themselves. To many, the thought of competition is frightening . . . and it often shows, which is why they lose listing presentations.

Then the seller said he wanted to compare commissions and fully intended to choose the listing agent who charged the least. Well, I charge the most. And I told him that. I justify it because I focus on getting my sellers the highest price and providing the best service. I protect my client's interests. Would he rather get $10,000 more for his home or hire an agent who charges him $1,000 less? His choice. I don't throw my clients under the bus.

I'll give you an example. Last week I received a Request for Repair on my East Sacramento listing. The home inspection noted a Zinsco electrical panel and mentioned that some of these electrical panels could be faulty or dangerous. The home inspector suggested the buyer hire a licensed electrician to inspect it. Instead of getting a professional's opinion, the buyer's agent issued a Request for Repair and asked the seller to replace it. I advised the seller to reject the request and asked the agent to get it inspected by a electrician.

Next go around, the agent submitted an invoice in the sum of $1,800 to replace the 100-amp panel with a 200-amp panel. Nope, the seller will not replace the panel nor will the seller upgrade the panel. I didn't ask the agent to send me a bid; I asked for proof that the panel needed to be replaced. Was the panel faulty? Apparently not. The agent could not produce an electrician's report that said the panel was faulty. And by the way, dear buyer's agent, we issued a Notice to Perform yesterday and expect the release of contingencies today. An hour later the contingency release arrived in my email. Matter dropped.

Do you think my seller is sorry that he hired a real estate agent who charges the most? I don't think so. Just like I don't care that Chanel doesn't offer "free gift with purchase." I'd rather pay a fair price for an excellent product without the hype, smoke and mirrors. I suspect my sellers want the same thing.

Photo: Big Stock Photo

Sometimes I wonder if I'm no better than a Labrador. I might be subject to labrador attention deficit disorder. You know how a dog's attention can suddenly be diverted, right? You're playing with the dog, tossing a ball, when SQUIRREL. The dog's head jerks in the direction of the squirrel, ears up, and you're no longer important.

I am usually working on 2 or 3 different projects when my daily autoprospecting email arrives in the morning around 5 AM. This is a system that shows me every listing that is emailed to my buyers. Pretty soon I'm clicking on the new listings, looking at photos, analyzing the locations, and an hour has gone by. Shiny new listings. I get engrossed. Seduced by hardwood floors and square footage. I can't help myself.

This morning, one of my Land Park short sale listings showed up in my autoprospecting list. This is a beautiful tudor that was remodeled a few years ago. We were about 2 weeks away from short sale approval with Chase Bank when I received an email yesterday from the buyer's agent informing me the buyer was canceling due to health problems. Well, unless she's dying, I don't know why she can't buy the house, but it's not really my concern. My job is to put it back on the market and get it sold again.

The funny thing is I received an email from Chase yesterday. The negotiator said she had good news. She had complained that many of her short sale files were taking too long to approve. So, Chase is now allowing management to approve short sales. The negotiator had 8 on her list that have been sitting since January and now her manager plans to approve all 8, including this one. She promised to send a response in a few days. And now we have no buyer. This is the way life works, though. Yin and yang.

Because the offer we submitted to the bank was higher than the list price of $325,000, we are changing the price in MLS today to $349,000. This is still a terrific bargain for a home in Land Park that last sold for more than $500,000. Ordinarily, if the bank had a problem with the price, I would have heard about it by now. This is a 3 bedroom, 2 bath, built in 1926. It has wood floors, an updated kitchen with granite counters and breakfast nook, remodeled baths, plus a formal dining room with built-ins. There is a partial basement, attic and a bonus room off the garage. It has newer AC and a very pretty covered patio for entertaining.

1000 Fremont Way, Sacramento, CA 95818, offered exclusively by Lyon Real Estate as a short sale at $349,000. MLS #90085352.

Call your Land Park agent, Elizabeth Weintraub, for more information at 916 233 6759.

Photos: Big Stock Photo and Elizabeth Weintraub

Those short sale flipper investors are really getting active now. As a Sacramento short sale agent, I have been receiving a lot of calls lately from investors and their agents asking if they can lowball some of my short sale listings. It's not that I have anything against a guy trying to make a buck. Buy low, sell high is the name of the game in real estate. But I do object when those offers affect my sellers' chances of closing escrow.

My sellers don't hire me to make money for investors. They hire me to protect their interests, get them the highest price possible and to close the short sale in a timely manner.

A new twist that seems to be developing among short sale flippers is to submit an offer at list price with the buyer paying all of the closing costs. It is customary for the seller / short sale bank to pay those fees.  One might, at first glance, wonder what's wrong with that; full-price offer and the short sale bank pays no closing costs except commission. I'll tell you. When the buyer pays title and escrow fees, the buyer chooses the title and escrow company. Generally, the escrow officer is a person the buyer knows, and this person may or may not share certain information about the transaction with the listing agent. It means the buyer controls the transaction.

Why would a buyer need to control a transaction? Because there might be something going on that the buyer doesn't want the listing agent to know. It could be anything. It could be the buyer is planning to do a double escrow, that is, turn around and resell the property to an end buyer, and close both escrows concurrently without disclosing this plan to the seller. Many short sale banks prohibit resale within a certain number of days, and they try to hold the parties accountable. If a buyer agrees not to sell the property within a particular time period and instead immediately sells it, that action might be considered mortgage fraud.

It could also mean the buyer has signed an all-cash offer but is actually borrowing the funds from a private source, which may or may not be qualified to make such a loan. If the loan doesn't fund, the escrow doesn't close. Or, the buyer may be counting on transferring funds from escrow #2 to close escrow #1. So, if escrow #2 falls out, so does escrow #1. The seller has a right to know if the purchase is contingent upon resale, but often those intentions are not disclosed.

The title companies I work with in Sacramento typically will not open a short sale escrow on behalf of strangers. The liability is too great. The potential for fraud is too high. They work with me because they trust that I am ethical and are assured that I won't any allow hanky-panky to go on in my transactions if I can help it. I advise my sellers to just say no to those short sale flippers.

Photo: Big Stock Photo

I always ask my first-time home buyers if they would consider buying a halfplex, townhome or condo. Many buyers prefer single family homes, but sometimes a planned unit development can fit the bill and be less expensive to purchase. Especially if that halfplex, townhome or condo comes with a yard.

Much depends on how the layout is set up. Generally, the units are attached by a common wall. If that wall is part of the garage, you may never hear or see your neighbors. Some attached housing complexes belong to a homeowner's association and some do not. For example, I have a listing at 420 8th Street in downtown Sacramento that is a halfplex, and there is no homeowner's association fee to pay. It's listed at $329,000. What can you buy in the downtown area of Sacramento for $329,000 that is a three-bedroom, two-bath home?

My new listing in the Pocket is a halfplex, and this home does belong to an HOA. However, it's affordably priced at $150,000 as a short sale. The homeowner's association fee is about $250 a month, but after the new road is paved, the buzz about the community is that fee may go down.

This is a three-bedroom, two-bath home tucked away on a cul-de-sac in the Sagewood subdivision. It has a concrete tile roof, built in 1985, a big front yard and a very pretty patio in back with 3 decks. It's just like living in a single-family home for half the price. The living room, kitchen and master suite feature soaring ceilings. There is a fireplace in the living room. An added benefit is the beautiful parquet wood and tile flooring throughout, which is great if you have pets.

The homeowner's association has a pool; it pays for roof and exterior maintenance, too. Come check it out. This will go into MLS today.

1048 Johnfer Way, Sacramento, CA 95831 is offered exclusively by Lyon Real Estate as a short sale at $150,000.

Photos: Elizabeth Weintraub

Buyers who need to close escrow by June 30th to qualify for the first-time home buyer tax credit are reluctant to buy a short sale. That's because so many of those short sales take 90 days or more to get approval. If a buyer closes escrow on July 1, the buyer loses out on the $8,000 home buyer tax credit. However, this Lincoln Crossing home is a Wachovia short sale, which means it can close way before the tax credit expires. In fact, if a buyer bought this new Lincoln Crossing short sale today, which is March 1, I'd venture to guess it would close about mid-April.

Sure, you may hear horror stories about short sales, and many of them are true. The worst short sale in this Sacramento market, hands-down, no-holds-barred, is a double Countrywide. A double Countrywide short sale is two loans that originated at Countrywide, now held by Bank of America.

That's one of the reasons why I take all my Sacramento short sale listings for 12 months. It's my standard of practice. I'd say 90% of them close before that, but at least I don't have to track when the listings expire as I have enough other pressing issues to contend with on these short sales. Clients also prefer one-year listings because they know I will not abandon them 6 months down the road if those short sales take longer to get approved.

With a Wachovia short sale, the listing period is not a concern. Wachovia has its act together and has streamlined the short sale process. If a buyer is lucky enough to find a Wachovia short sale in Sacramento or Placer County, it's a double blessing. Not only will that short sale move as smoothly as silk, but the sales price is likely to be very attractive.

Check out this Wachovia short sale in Lincoln Crossing. This is a 4-bedroom two-story, with 2 full baths and 1 half bath. The living room / dining room has Berber carpet, a chandelier and no furniture. That room has never been used.

You'll find an island in the kitchen, with a hanging pot rack over it. The pots do not stay, but the rack does. The seller says when the home was purchased in 2006 from Centex, all the upgrades were purchased as well, except the flooring in the kitchen does not extend all the way into the family room. That's because the builder had already installed Berber carpeting in the family room. But the kitchen definitely sports all the bells and whistles -- granite counters, stainless appliances, cherry wood cabinets, wood-like flooring and a pantry closet with a frosted door. There is also a breakfast area.

The family room has soaring ceilings that reach all the way to the second floor. There is a fireplace with gas logs. It's a great room concept, meaning it's open to the kitchen. This type of layout lets family members interact during meal preparation. A mom can watch her kids in the back yard while she's making lunch. A guy can cook dinner in the kitchen and still speak with his roommate who may be watching TV in the family room.

The home has 2,248 square feet, according to the county assessor. All four bedrooms are upstairs. The master suite overlooks the massive back yard and affords views of the terrain beyond the home. It sort of makes you feel like you're out in the country. Yet, the train is close, as is the Highway 25 Bypass that's being built. There is something soothing and comforting about hearing a train at night, approaching from the distance.

As an added bonus, buyers for this Lincoln Crossing home qualify for membership in the HOA. The homeowners association has a pool, spa, gym, clubhouse and offers recreational activities. It also tries to ensure conformity within the community, meaning you won't find cars stranded on the street or forgotten trash cans at the curb, like other parts of Lincoln. The HOA dues are reasonable at $115 per month.

1046 Ashford Lane, Lincoln, CA 95648, is offered exclusively by Lyon Real Estate as a Wachovia short sale at $199,000.

For more information, please contact your Sacramento short sale agent, Elizabeth Weintraub at 916 233 6759.

Photos: Elizabeth Weintraub

Lyon Real Estate always puts on a great annual awards ceremony. Even during a time when many real estate brokerages are hurting financially, closing up their doors, Lyon still takes care of its agents. Granted, yesterday's awards ceremony was not on par with the Cirque du Soleil act we enjoyed a few years ago, but it was still enjoyable.

They opened the presentations with a video, based on our theme of Winter Olympics. The Olympic flame was passed from one office to another, and we got to see our office mangers prancing through cubicles and running down sidewalks carrying a flaming torch. I didn't know every manager, but then I believe we have 15 branch offices in the Sacramento area. When the video finished, Lyon Real Estate's CEO Mike Lyon and President Jean Li entered the ballroom of the Radisson, arms held high, each clutching a flaming torch. They ran the perimeter, sprinted up the podium and lit the bowl on fire.

While everybody was laughing and applauding, I was wondering where in the world do you find a flaming torch? I mean, is there a store that sells Olympic torches? Or do you have make your own? What if you accidentally set something on fire? We have a very creative marketing team at Lyon Real Estate.

Then the awards ceremony began. Shortly after he handed out a few awards, Mike Lyon surprised the crap out of me. He said the next award was Best Improved Overall, #1 in Closed Units. It was given to the agent whose closed transactions in 2009 most improved over 2008. Now, 2008 was a tough year for many agents. The number on the screen showed that this agent had closed 19 transactions in 2008. I heard agents gasp. I guess that's a good number when you figure that about 85% of all the agents in Sacramento don't even close one transaction every two months, or 6 a year.

However, when I saw the number on the next screen, my heart skipped a beat. It said this agent had closed 43.5 transactions in 2009. Were they talking about me? I figured that I would rank high in the company, but I had no idea that I would be awarded Best Improved Overall, #1 in Closed Units. They keep this stuff a secret until the awards ceremony. But there was my name on the screen. OK, I am so NOT going to cry. Besides, this isn't the Oscars. (Hey, there's a theme for next year.) Do not cry, do not cry. Somehow, I made it up and back to my seat. No tears.

I also picked up an award for ranking in the Top 10% of all Lyon Real Estate agents. That brings my total awards to three for 2009. Gosh, the way 2010 is going, I imagine I'll rank even higher for this year. I wonder if all of this hoopla matters to the public? Probably not. I think buyers and sellers of homes in Land Park and those short sale sellers throughout Sacramento simply care that their agent is efficient, honest and gets the job done.

So, I grabbed my awards and sneaked out the back door. After all, I had a closing for a home in Land Park in an hour. Better put my nose back to the grindstone. Party over.

Photos: Best Overall Improved, #1 Closed Units in 2009, Lyon Real Estate, Elizabeth Weintraub, by Adam Weintraub.

Top 10% at Lyon Real Estate in 2009, Elizabeth Weintraub, by Adam Weintraub

The last time I won a third-place prize, I was probably about eight. Somewhere, I have an old newspaper. My mother was an editor in the 1950s at the Circulating Pines, which was a local newspaper in a suburb of Minneapolis. She put a story and a photo of my brother and me on the front page. I am holding in my lap a long-haired black cat named Spittsboo, sitting on the front steps of our childhood home in Circle Pines, Minnesota, next to my brother. He is holding a salamander on his shoulder.

I placed third in a pet contest. Well, it was actually my cat, not me, who placed third in a division for longest-haired cat. My cat didn't have to do anything except sit there to win. My brother's salamander won first place in the reptile division. That lizard didn't have to do back flips or jump through a flaming hoop of fire to win, either. I'm pretty sure the thing just sat on my brother's shoulder.

I mention this because yesterday I was given an office award at my office meeting for ranking among the top 3 agents in sales for 2009. My office in Midtown Sacramento has 80 or 90-some real estate agents. I didn't enter this contest. It's something that Lyon Real Estate does. It recognizes its top producers every year. My sales production generally ranks among the top 15 agents in my office -- some kind of benchmark Lyon uses -- but since I don't rate myself by comparing myself to other agents, I never really paid much attention to which agent wins what award.

So, it was a surprise when my name was announced and I was handed the award. I considered not writing about it because lots of agents in my office and elsewhere in Sacramento did not fare very well last year. It was a down year for many real estate agents. The market in 2009, like the past 4 years, was dominated by foreclosures, short sales, investors and first-time home buyers, which left a lot of agents out in the cold. The Internet also pushed some agents out of the business because they refused to embrace online technology.

While it is painful to see agents who are suffering, I've decided that my empathy for them should not overshadow the fact I enjoyed an outstanding year in 2009. It's quite an honor to receive such an award. On the other hand, I didn't compete for it or enter a contest. I just did my job, which is primarily selling homes in Land Park and representing sellers of Sacramento short sales.

This afternoon, Lyon Real Estate is hosting its Annual Awards Ceremony at the Radisson. The theme is . . . dum, dum, dum . . . The Winter Olympics. My office is supposed to represent Cross Country Skiing. I guess I could wear a mink hat and go as a spectator. No, on second thought, I should probably wear a wool hat and some sort of spandexy outfit, which I don't have in my wardrobe. I'm likely to win something at this awards ceremony, but it's been hush-hush, like our office awards. I don't want to appear ungrateful, but I am not planning to dress up like an Olympic athlete. But hey, it doesn't mean that I don't support those who do or that I am not a team player.

Hmmm, on reflection . . . maybe it does.

Oh, well. Rebels make good real estate agents, don't you think? We buck the system. Write our own rules. We're independent and don't blend well into the shadows.

After the awards ceremony, I am meeting a buyer who is closing on a home in Land Park. We're going to sign loan docs at my office and complete our final walk-through. At least my hair won't be messed up from wearing a wool hat.

Photo: Adam Weintraub

Much of my work as a Sacramento short sale agent is handled through email. So, I almost had a heart attack when I turned on my computer this morning. My start-up programs loaded and I didn't have any emails. For a brief second, my heart about exploded. My immediate thought was my computer had malfunctioned, maybe my hard drive had been erased. Of course, nothing of the sort happened. I simply had too many emails coming in for the computer to immediately bring them up. I wasn't patient enough.

Many of those emails are one-liners that say: Thank you. Or will do. While it's nice to receive acknowledgments, they aren't always necessary, and those emails certainly don't require a response; yet, I am guilty of doing the same thing. It depends on, though, whom the email is from. If it's from clients, I do want them to know that I have received their documents. But I don't try to clog up my associates' or vendors' email in-boxes. I imagine they get as much email as I do.

I talk all day with my short sale negotiator via email. If it's a particularly difficult short sale, and which ones aren't, these days, I'll call her, or she'll stop what she's doing and pick up the phone to call me. This woman is a law school graduate and a real estate agent. A darn fine real estate agent, too. She started negotiating short sales a few years ago and has become an expert negotiator. Due to the volume of Sacramento short sales that I handle, I share some of my short sales with this agent and pay her half of my commission, too. She's worth every penny.

There are other short sale negotiators whom I could hire in Sacramento -- many who charge way less -- but many of those so-called third party negotiators do not have a real estate license. Therefore, they are breaking the law when they negotiate short sales. I would never in a million years want to place my short sale sellers in that position. I don't even go there. Besides, I want to provide my clients with superior service. I've heard too many horror stories from other Sacramento short sale agents who have hired these vendors.

For certain types of short sales, I tackle a handful myself. Especially some Bank of America short sales, because I've been working with Bank of America for years and understand its goofy systems. Since they've switched to Equator, the short sale process has been easier and faster. I also love, love, love a Wachovia short sale because they are so straight forward and simple, which few short sales are lately. Wachovia also gives my sellers cash bonuses.

Moreover, I also work with Litchney Law Firm on short sales. Particularly those that involve hard-money loans and cash-out refinances. The lawyers who work for Litchney Law Firm are methodical strategists and expert negotiators. Those lawyers are known for removing further collection rights verbiage from short sale approval letters and, in many ways, are miracle workers. They do things I can't. Sellers pay for Litchney Law Firm's services separately, and there are no referral fees passing between us, even when Litchney Law Firm refers clients to me. It's a clean association.

A lawyer doesn't need a real estate license to negotiate a short sale. And dare I say, a lawyer never clogs up my inbox with an email that says, "thank you." They're much wordier with their thanks than that.

So, if your short sale isn't moving forward, I suggest you take a look at who is negotiating your sale. Is it a third-party vendor that runs a short sale mill by volume, without personal attention to each file? Is it an agent without any experience? An agent who is too swamped with business to do the job right? Has your short sale dropped into a black hole never again to see the light of day? Because my Sacramento short sales tend to close, regardless of whether I personally do them, my associate does or Litchney. I've got a great team. I mean, am I lucky or what?

Photo: Big Stock Photo

Hardly a day goes by that I don't receive an email from some frustrated short sale buyer asking me for advice on some transaction that I'm not involved in. Most of the scenarios are as follows: The buyer has been in escrow for months, waiting for approval, and nothing seems to be happening. They feel helpless, stymied, stonewalled and disheartened.

I know how short sale buyers feel, which is one of the reasons that as an experienced Sacramento short sale agent, I stay on top of my transactions. Not only do I post daily progress reports on my website that my sellers, our buyers' agents and their buyers can read, but I try to send important advancements to the buyers' agents as they happen. Of course, I can't force the buyers' agents to pass on this information to their buyers, but I hope that they do.

See, short sale buyers are an important aspect to any short sale transaction. They are paramount. Without a dedicated buyer, there is no deal. They are a precious commodity who deserve to be treated with respect and handled delicately. Expectations need to be managed. It's very difficult for buyers to wait two, three, four months or longer for short sale approval.

But a buyer has no control over a short sale. None. Buyers can't speak with the seller's short sale bank nor can their agent. Only the listing agent controls the short sale transaction and pulls the strings. If that listing agent has no short sale experience or doesn't routinely follow up with the short sale bank, a buyer can be in for a long wait. In fact, it may never close, especially if complications arise.

Buyers don't see any of these things. What a buyer sees is a home the buyer wants to purchase. Hopefully, that buyer is in contract with the seller, and the listing agent has experience selling short sales. If not, that buyer is at the mercy of an inexperienced short sale agent, hoping for a miracle. That's a sad and sorry place to be. My heart goes out to them.

Photo: Big Stock Photo

Let me just come out and say there is nothing like this on the market in downtown Sacramento. Here is a unique opportunity to buy that 3-bedroom, 2-bath home your heart has been searching for at an affordable price. If you crave an urban lifestyle, this is the home for you. Of course, it sits across the street from multiple-family housing but what doesn't in downtown Sacramento? That's part of the lifestyle. You get a mix of rentals, sometimes commercial, among residential homes. That's what attracts urban buyers to downtown.

Urban buyers want to live close to work, shopping and restaurants. Some downtown residents don't want a car. But if you have a car, this home has a garage for it. If you don't, the garage offers you additional storage space. Plus, it has built-in cabinets and overhead rafters.

The home is on a dead-end street, tucked away in the Old Sacramento City subdivision. It's a two-story halfplex built in 1989, so you get the advantages of newer construction without an HOA fee. A neighbor next door mows the front the lawn for $40 a month. Part of the front yard is fenced, with a grassy area and courtyard, bordered by rose bushes. In the back, you'll find a concrete and paved patio under an overhang, plus a small cactus garden.

All of the bedrooms are upstairs, with a bath down and a bath up. The first floor has tile floors, which is great if you have pets because they won't be tracking mud all over the carpeting when it rains in Sacramento. There is room for a table in the kitchen, plus you'll get a stainless steel refrigerator, a built-in dishwasher and microwave, and a toaster oven is built-in under a cabinet. The sink is flanked by windows in the corner so when you rinse dishes, you can gaze outside at the rose bushes. It's a very pretty view. Oh, and you'll also get inside laundry with a stacked washer and dryer. No more trips to the laundromat.

The spacious master is located at the back of the home, away from the street. Even though the street doesn't get much traffic, it's still nice to know you can sleep in on the weekends with little noise interference. Like the other bedrooms, it has a ceiling fan, which will cut down on those central heat and air utility bills.

If you'd like a sneak preview, this home will be held open on Saturday, February 20th, from 1:00 to 4 PM. It will also be open on Sunday, February 21st, from 12:00 to 4:00 PM.

420 8th Street, Sacramento, CA 95814, offered exclusively by Lyon Real Estate at $329,000. This is a regular sale. It is NOT a bank-owned home nor a short sale. If you are a first-time home buyer, you might qualify for the $8,000 home buyer tax credit as this can surely close within 30 days. For more information, call your Sacramento agent, Elizabeth Weintraub, 916.233.6759.

Photos: Elizabeth Weintraub