All Blog Entries by Mary Pizzimenti

Found 14 blog entries published by Mary Pizzimenti.

There is a tremendous amount of rather contentious debate about the value (or lack there of) in purchasing Real Estate with a Buyer’s Agent representing you. As a California Real Estate Broker it is obvious where my opinion falls in this debate. Although I do believe there are individuals who are capable of handling the transaction on their own, most individuals DO NOT belong to this group. I’m not here to debate this matter. I’d rather tell you about an example of what it is that a Buyer’s Agent does to protect their Buyer’s best interests; about what it is that I do and what value I bring to the relationship.

A recent client of mine had entered in to a contract to purchase a home on a 3 acre parcel of land in Colfax, CA. The property was an older

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Short Sale, Bankruptcy, Foreclosure

In an effort to boost the economy and the housing recovery the HUD announced this week the creation of the FHA Back to Work Extenuation Circumstances program. By recognizing that the credit situation that many consumers currently find themselves in, may have more to do with the irresponsible and possibly illegal actions of others than with poor financial decisions by the consumers themselves, FHA seeks to give a reprieve from the current waiting period that exempts borrowers from qualifying for FHA-backed mortgages for a certain number of years after a bankruptcy, foreclosure, short sale, or deed-in-lieu foreclosure. The letter released by the U.S. Department of Housing and Urban Development (HUD) on August 15th states, “FHA recognizes the hardships

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The Fall Colors of Nevada County set against the backdrop of the Sierra Nevada Mountains

It’s that time of year again, the last vestiges of the summer heat are slowly fading away and the days are getting shorter. In Nevada County that means it’s time for the hills and mountains to spring to life with vibrant shades of oranges, yellows, and reds. Weather conditions at 2,500 feet in the Sierra Nevada foothills are perfect for the formation of the brilliant colors the area has become known for. As temperatures begin to drop and the days shorten chlorophyll production is slowed in plant life. For many trees and plants this means that colors other than green can become visible. For residents and visitors of Nevada County it means a lively celebration of the colors of fall painting the hillsides and decorating the streets.

Fall is already a

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Less homes underwater in 2013

The number of upside-down mortgages continues to fall nationwide along with delinquent credit card payments. American consumers are demonstrating the lessons learned from the buy-now-pay-later, get-rich-quick days of the first decade of the 21st Century.

CoreLogic's 2nd Quarter 2013 Equity Report, released today, shows that nationally 2.5 million residential properties returned to positive equity from Q1 through Q2. This means that in 3 months' time more than 5% of residential home loans were able to reach the surface, though 14.5% of mortgages in America are still underwater.

 Credit reporting giant TransUnion released its quarterly credit card debt and delinquencies report in August and their numbers are positively down as well. The number of

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The Nevada County Italian Festival is back! It takes place this Saturday and Sunday September 14th and 15th.

Nevada County Italian Festival FoodsPoised amongst the bucolic splendor of the 87 acre Western Gateway Park in Penn Valley, visitors of the festival will find no shortage of fun activities, fine wines, and gourmet foods. Run by a volunteer staff, the Italian Festival organizers’ goal is to share the three thousand year old culture and traditions of the Italian peninsula with the residents of Nevada County.

The Nevada County Italian Festival will feature over 20 of the finest Italian food, wine and artisan vendors from the area. Here you'll be able to sample and buy a variety of delicious goods including fresh pizza and pasta, sausage, gelato, and baked goods. You'll also find a

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The Galleria at Roseville CA

Roseville firmly surpasses neighboring Lincoln as the fastest growing city in Placer County. Last year, Roseville grew by 1.2%, which is above the state average of .8%, and is more than double the growth rate of Lincoln, the second fastest growing city in Placer County, with a population increase of .5%. The city of Lincoln previously held this distinction as its rapid expansion during the last decade earned it the title of “Fastest Growing City” in the country in the 2010 U.S. Census.

It is likely that Roseville will continue to hold this title as Lincoln’s recent overdevelopment has lowered home values in that city, making it less attractive to developers looking to see big returns from their investments. With Roseville’s attractive real estate

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Housing Prices in Placer & Nevada County continue to climbAccording to S&P and CoreLogic Housing Price Index numbers, home prices continue to show strong growth over the past year with record year-over-year increases in many cities. Some cities are seeing increases as high as 20% versus the same month last year. These numbers are likely to remind some of the "pre-bubble days" when increases such as these were seen for several years in a row. However, you have to look a little closer at the data to see what’s really driving these numbers.

Why Did the Crash Hit Some Cities Harder than Others?

The answer to that question has to do with a number of economic factors, though there are similarities amongst the cities that saw the biggest losses in the crash. The cities that were hit hardest by the market downturn

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2013 Nevada County Fair Poster

Nevada County is an area that is particularly well-known for hosting a wide variety of community events throughout the year. Well, it’s time again for Nevada County’s piece de resistance, voted the Best Local Event in Nevada County 12 years in row by the Sacramento Union newspaper, The Nevada County Fair.

The Nevada County Fair opens tomorrow August 7, 2013 for five fun-filled days of animals, rides, contests, and food for the whole family to enjoy. The theme this year is “Under the Big Top” so attendees can expect to see many circus themed attractions mixed in with the usual fare.

Be sure to take the kids down to Cirucs Imagination, where children become instant stars by stepping out of the audience, putting on costumes, and stepping on to the stage

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That’s right! Even with increasing housing value it’s still cheaper to buy, pretty much across the board. Home prices have been on the rise in 2013 but rents are still high in California and across the nation. Trulia’s March 2013 Rent vs. Buy Report shows that buying a home in the top 100 metropolitan markets is still less expensive than renting, demonstrating just how expensive renting can be. Trulia’s interactive map allows you to graphically access the report’s results and is quite informative and fun. It shows that even with a loan at 5.5%, San Francisco is the only market where it would be cheaper to rent if you stayed in your home for 7 years.

Rent Continues to Increase Nationwide

So why is it still cheaper to buy than to rent if housing prices

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Granite Bay and Roseville are two Placer County communities that go above and beyond the call of duty when it comes to education. Simply take a look at the work of the Eureka Schools Foundation (ESF) to find evidence of that dedication. For 21 years now the Eureka Schools Foundation, a non-profit foundation funded by donations from local businesses and private individuals, has been helping to enrich the lives of students and teachers in the Eureka Union School District (EUSD) by providing for additional programs not funded by the State’s budget.

Eureka Schools Foundation event raise money for Eureka Union School District

Each year the Eureka Schools Foundation raises hundreds of thousands of dollars for EUSD through a number of community-based fundraising events.  These events include an online and live auction, a student art

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