What is My House Worth?

Ready to sell your home, than how do you value it? I’ve worked with many sellers over the years and here’s what I hear from some of them. But first, a funny video from Youtube that illustrates our perception of values: .

httpv://www.youtube.com/watch?v=7RJOGzFuVBE

Some comments I’ve heard from sellers:

1. I built this home and I know how well it’s built and I want to sell my home for —— (It’s too bad we can’t value a home this way)

2. I need to get this much for my house. (It’s too bad buyers will only pay market value for a home and not what a seller needs to get)

3. I don’t care what the market is, I know what my house is worth. (It’s too bad buyers will only pay market value for a home)

4. If I can’t sell it for what I want, I will not sell it. (Than why put it on the market?)

5. The house up the street just sold for —————— and my house is better, so I should get a higher price for my home. (Maybe, you don’t know if the seller of that house gave concessions to the buyer, which reduced the actual price paid or what other variables might be involved.)

The only way to set a value of the sales price of your home is to have a Realtor® do a comparative market analysis (I do them for you for free) or get an appraiser of your home.

So if you are ready to sell or want a free comparative market analysis, send me your e-mail me at

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Want to Buy a Foreclosure? Be Ready For Multiple Offers

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It seems like the real estate market is coming back with some what of a roar. Want to buy a foreclosure? Be ready for a shock. Agents are getting multiple offers on foreclosure homes. The number of foreclosures and distressed properties are drying up.

Cesar Dias, became some what famous for his “foreclosure tour” in Stockton, CA, in which he packed potential buyers on a bus and ferried them around to some of the thousands of distressed properties. The tour is now history. For every listing that comes out, there are ten buyers, said Dias, an agent for Approved Real Estate Group. According to Dias, “We had a lot of inventory last summer. Now we are down to 1,500 listings, down from 5,000.”
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Woodturning at the Nevada County Fair

Woodturning-photo

Join the Gold Country Woodturners each day at the Nevada County Fair for hands-on demonstrations on woodturning and using a lathe.

Each day, from noon – 8 pm, under the tent outside the Northern Mines Building, skilled woodturners will provide hands-on woodturning demonstrations to adults and children. Using a lathe and a grinder, these experts will be making tops, tool handles, magic wands, and small wooden boxes for the audience. The group will begin at 9 am on Friday, the Day for People with Disabilities.
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Cap City BMX Stunt Team to Perform at Nevada County Fair

BMX-Backflip

The Cap City BMX Stunt Team and two of its world-renowned riders, Mike Saavedra and Pete Brandt, will be performing at this year’s Nevada County Fair. Both riders are known world-wide for their high-energy biking skills and their ability to perform amazing feats and tricks on a bicycle.
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Zillow.com has Complaint Filed Against Them by NCRC

house-listed-on-Zillow

The National Community Reinvestment Coalition (NCRC) filed a consumer protection complaint to the Federal Trade Commission alleging Zillow.com is misleading consumers, real estate professionals and financial service providers.

Humm, I don’t know too many consumers, real estate professionals and financial service providers that put much stock in home prices by Zillow.com or other on-line valuation services. Zillow.com states you are looking at home values, not home appraisals. How could Zillow.com come up with an accurate price of your home by just using data from recent sales? To begin with, an appraiser, in order to get a true value of your home, has to look at the exterior and interior of your home in order to find homes similar to yours. Then after finding homes that were recently sold and that are similar to yours, adjustments, plus and minus, have to be made on the homes he finds that are similar to your home to account for neighborhood, landscaping, etc. Continue reading Zillow.com has Complaint Filed Against Them by NCRC

Ride purchased from Jackson’s Neverland Ranch Amusement Park to be at Nevada County Fair

Ballon Samba Ride from from Jackson's Neverland
Ballon Samba Ride from from Jackson's Neverland

The Nevada County Fair, which opens on Wednesday, will feature a ride purchased from Michael Jackson’s infamous Neverland Ranch amusement park. The ride, Balloon Samba, was previously owned by Michael Jackson, operated at the Neverland Ranch and was purchased in the fall of 2008 by California-based carnival company, Butler Amusements.

The ride is designed to look like a hot-air balloon and features hot air balloon carriages. The Balloon Samba seats 32 children in six air balloons. The ride will be part of the carnival area during Nevada County’s five-day Fair.
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Nevada County Wineries – Nevada City Winery

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Located in the heart of Nevada City, we have one of the most unusual winery in Nevada County. Started in a garage like so many wineries have started, they went from a small garage to a much bigger one. Founded in 1980 in a small garage on the outskirts of town, in 1982 the Winery moved to its present location, the historic Miners Foundry Garage, on Spring St in downtown Nevada City. Remarkably, the Winery is located less than two blocks from where the original Nevada City Winery stood over a century ago.
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Family of the Year to be Honored at Nevada County Fair

ed-scofield-family

Ed and Carol Scofield of Grass Valley have been named Family of the Year by the Nevada County Fair’s Board of Directors. The Board chose the Scofield family because of their long-standing roots in Nevada County, their commitment to Nevada County, and their ongoing involvement in the Nevada County Fair.

Ed and Carol have been active in the Fair for more than 25 years, and, together, they have made significant contributions in Nevada County.
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Pending Homes Sales Continue Upward

upward-sales-chart

Home sales continue upward in Nevada County, increasing by 7% for the period April, May and June of this year compared to the same period last year. Nationwide, they have continued upward for the fifth consecutive month, the first time in six years for such a streak, according the National Association of Realtors®
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