When I first talked with the seller of the home on Laguna Woods Drive, she had in mind a very low price, way underpriced. By more than $50,000. Usually it's the other way around, you know, sellers in Elk Grove often think their home is worth a lot more than it will fetch on the open market. But sometimes I meet with sellers who truly don't realize the gold mine they control. They see everything that is wrong with the house and not enough of what is right with it.
This seller believed that because her home was across the street from a subdivision of more expensive homes that she could not command the same price. Ah, the beauty of a seller's market and 1/2 mile-radius appraisals. You can read more in my personal blog today at this link: Story of Closing 4909 Laguna Woods Drive in Elk Grove.
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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.
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Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.