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I enjoy working in Real Estate and have made some excellent friends in the process. Lately, it has become a concern that more home buyers need to become familiar with the home buying experience and especially the loan process so that they can make informed decisions.
This is why I decided to blog and write articles that are geared to helping the consumer, at Sacramento REAL Estate Voice where the articles are REAL and the questions from home buyers and home sellers are always answered.
In Real Estate as in all fields, Experience Doesn't Cost...It Pays!
So, I am here to help both Home Buyers and Home Sellers in and around the Sacramento, CA area achieve their Real Estate dream with assurance, integrity and stability.
"We have worked with numerous Realtors throughout the country and internationally as well. Gena is, without a doubt, on e of the best professional Realtors we have encountered. She is a delightful person, an excellent listener, and a true professional. Gena knows the Real Estate market as well as the financial complexities that come with buying a home. After listening to our requirements, Gena located the house we had only hoped for in just one week. The house had everything we wanted “ ranch style, 3 car garage, on a golf course, a little land, a view of a lake, an oak tree and most importantly within budget. Searching for a house can be a stressful, tedious chore. Gena made it an experience to enjoy. We will certainly use Gena again when we are in need of her professional expertise and we recommend her highly without reservation.
Sincerely,
Suzanne Grybas and Phil Grybas
Senior Vice President and CFO Surewest Communications
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Gena Riede helped us buy our first house four years ago. She was extremely thorough in her search to help us find the perfect place to call home and worked diligently to profile us with comprehensive information on everything from mortgage to location information. We were so thrilled with how she handled all of the details from start to finish that when we were ready to move again, we called Gena to help us sell and buy our next home. She has also continued to be an excellent resource for us even after we are settled in our home, providing numbers of people who can provide services such as painting or keeping us up to date on the current real estate trends. We recommend several friends to Gena who have successfully also bought and sold home through her. She is a very dedicated, supportive, enthusiastic, informative, and intelligent Realtor and anyone utilizing her services is very fortunate.
Erin & Mike T.
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Gena represented my wife and I in the purchase of our home in El Dorado Hills. Gena is a very respectful and a responsive person to your Real Estate needs 24/7. Gena gets answers to your Real Estate and Financial questions immediately.
My wife and I relocated from San Jose and closed our Real Estate purchase in 30 days.
When we decided to move again, we will seek Genas advice and expertise and will ask her to be our Real Estate Realtor/Broker.
Sincerely,
Mr. & Mrs. Cousineau
El Dorado Hills, CA
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We have known Gena Riede for four years and she has helped us buy our first home, sell our first home and purchase our second home. Not only is Gena professional, very knowledgeable and a real advocate for her clients, but she has quickly become a part of our family because of her kindness and compassion. The most impressive thing about Gena is that her job doesnt end when you have signed the papers and have moved into your new home. Gena always makes herself available to her clients in order to answer questions or help in any way she can. Gena truly cares about her clients and doing what is in their best interest.
The Lucchesi Family
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In 2002“2003, my husband and I sold 2 homes with Genas assistance. She was always there with her assistance and very candid with suggestions to improve the sale ability of our homes. She kept in contact and kept us updated continuously. When we decided to purchase a home in the Foothills, we, of course went back to Gena. When we plan to sell our current home, we definitely plan to go back to Gena Riede!
Connie & Brian"
Suzanne & Phil Grybas Mon Jan 7
Gena Riede's Questions (50)
Gena Riede's Answers (95)
Jennifer,
Do you have representation? In answer to your question, the date that you submitted on your 24 hours to perform certainly gives you the right to cancel the escrow if the Buyers do not release their loan contingency. It has nothing to do with conditional or non-conditional.
In this real estate market unless you have a willing and able buyer standing in the wings that you have verified their ability to perform, I would continue with the current home buyer instead of having to go through all the contingency periods again. Just my suggestion...
Wishing you all the best,
Gena Riede, Real Estate Broker
Remax Gold - Mon Jul 14 2008, 08:12
Nmi,
Need to clarify my previous answer with you. Although there was a time that 6% would have been a "red flag," there are certain instances where this amount would certainly be acceptable. Buying down points and closing costs are examples of what this might be used for however, it is extremely important that you clarify what the 6% is being used for with your agent and your Lender.
Just ask them the question and I'm sure that they will be more than willing to let you know. Communication between you, the agent and the Lender are vital for a smooth transaction. - Sun Jul 13 2008, 07:25
Nmi,
Since you have a Realtor, it's important for you to have your Realtor explain exactly what the 6% is for. Anything else is just mere speculation on our part so you need to have her explain exactly what this money is for. My guess is that it is going toward your closing costs and down.
Congratulations on being an "almost homeowner!"
Gena Riede, Broker
Remax Gold - Fri Jul 11 2008, 21:11
Tina,
100% financing is a very bad idea. That would not be sound advice for any investment property.
For the most part quite a few REO's are going into multiple offers. I believe that you also referred to (pre-foreclosure) which we call short sales. I'm beginning to see the Banks finally begin to accept offers on these. I think the light is finally beginning to dawn and they see the money that it is costing them to foreclose. The timeline for hearing back from the Bank in this case is about 60-90 days after your offer has been submitted.
Good luck to you.
Gena Riede, Assoc Broker
Remax Gold - Thu Jun 26 2008, 22:24
Mie,
A few things to consider when making your decision between Elk Grove and Natomas that have not been addressed:
You may be required to pay flood insurance in Natomas by your Lender which will be added to your house payment. Be sure to check into the amount and areas prior to purchasing.
Elk Grove does not require flood insurance and is one of the few Cities that I am aware of that has maintained a healthy budget and fiscally sound. The City Council for Elk Grove should be commended for their lack of over spending and yet ability to keep improvements in the City.
I have helped home buyers purchase homes in Natomas as well as Elk Grove and they are all pleased with their decisions.
The best part is that you are making a decision to buy a home and begin building equity. Congratulations!
Gena Riede, Assoc. Broker
Remax Gold
916-417-26699 - Thu Jun 26 2008, 06:51
Marie,
Very good question. Rob gave an excellent answer and the only thing I would add is to make sure that you have a good full time experienced Realtor working on your behalf so that you will be aware of how and when to approach properties and get pre-approval so that no time is wasted. As interest go up, you want to make sure that you get locked-in, as soon as possible.
Good Luck and happy house hunting!
Gena Riede, Broker Assoc.
Remax Gold
916.417.2699
Search Sacramento Homes for Sale, Foreclosures and Short Sales. Get answers to your questions & view videos of many areas at
http://sacramentorealestatevoice.com - Wed Jun 18 2008, 11:36
My speciality is helping both Home Buyers and Home Sellers reach their goal of either buying a home or selling a house and in the process making it easy and free from stress. Listening to my clients and being responsive to their needs have served me well over the years.
Before home staging became a word, I offered home sellers my expertise in preparing their house for sale so that they received the highest and best offers in the shortest amount of time. This is still something that I offer my clients as part of the listing of their home.
With over 21 offices in the area, I work with clients in the Sacramento area as well as El Dorado Hills, Roseville and Granite Bay, CA
Latest:
Assoc. Broker for
Remax Gold
As an Associate Broker with Remax Gold for the past 7 years, I have helped many home buyers and home sellers as well as investors in the Sacramento and surrounding areas.
Prior to Remax Gold, I worked for Century 21
January 2001—present
Masters of Sacramento
100% Club
Love to garden, travel, attend festivals supporting local merchants and reading a good book in my spare time.
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