Sacramento Realtor Specializing in Rancho Cordova, Fair Oaks, and Folsom

<h1>Sacramento Realtor Specializing in Rancho Cordova, Fair Oaks, and Folsom</h1> <p>David Gabris is a Sacramento based Realtor who specializes in investment property, helping buyers & sellers, foreclosures, and short sales in Rancho Cordova, Fair Oaks, Folsom, Citrus Heights, Orangevale, Carmichael, and Roseville. Focusing on Sun River, Rancho Cordova. 95670 95628 95630 95610 95608 95662 95608 95747</p><table width="100%" height="100%" border="0" cellpadding="0" cellspacing="0"><tr><td height="26"><a class="menuItem" href="/HomeValue.aspx?ID=11797">Find Your Home's Value</a></td></tr><tr><td height="26"><a class="menuItem" href="/Search/Default.aspx?ID=11797">Property Search</a></td></tr><tr><td height="26"><a class="menuItem" href="/toolkit.aspx?ID=11797">Home Finder</a></td></tr><tr><td height="26"><a class="menuItem" href="/Links.aspx?ID=11797">Links</a></td></tr><tr><td height="26"><a class="menuItem" href="/Contact.aspx?ID=11797">Contact</a></td></tr><tr><td height="26"><a class="menuItem" href="/OpenHomes.aspx?ID=11797">Open Homes</a></td></tr><tr><td height="26"><a class="menuItem" href="/Buyer/BuyerInformation.aspx?ID=11797">Buyer Information</a></td></tr><tr><td height="26"><a class="menuItem" href="/Seller/SellerInformation.aspx?ID=11797">Seller Information</a></td></tr><tr><td height="26"><a class="menuItem" href="/Schools.aspx?ID=11797">Schools</a></td></tr><tr><td height="26"><a class="menuItem" href="/Calculators.aspx?ID=11797">Calculators</a></td></tr> </table> <p>Professional Service with Excellence and Integrity</p><p><div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt">The Sacramento Housing Market is in an interesting state of change.  Housing prices have returned to 2002 levels, and there are a lot of great opportunities for buyers.  </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"> </span></span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt">There are</span></span> many areas in Sacramento where homes have become so affordable that the monthly payments for mortgage and insurance can come out to be less than what you are currently paying for rent.  If you are a <strong>first time home buyer</strong>, there is up to <strong>$8,000 in tax credits</strong> available from 1/1/09 till 12/1/09 (find out more at: <font size="2"><span style="font-size: 10pt"><font size="2"><a href="http://www.federalhousingtaxcredit.com/"><strong>www.federalhousingtaxcredit.com</strong></font></span></font></a>). For those who do not have a large amount of savings, there are <strong>FHA loans</strong> that require only a <strong>3.5% down payment</strong> available if you have good credit and work history.  </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"> </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt">If you are an <strong>investor</strong>, the price of property has dropped so that you can make monthly income by renting out an investment property.  REO's are highly competitive, but investors are snapping them up.  Loan standards for investment property are very strict, requiring a 20% downpayment or more.  But, if you have cash available, now can be a great time to buy.</span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"> </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"><strong>Home sellers</strong> can benefit from the current housing situation.  Many have the opportunity to make a lateral move into a home that would otherwise be unaffordable.  As for timing,  there is currently a <em>moratorium</em> on the amount of foreclosures that the banks are putting on the market, so it would be good to sell before the gates open and a large amount of inventory enters the market.  </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"> </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt">For sellers who are <strong>upside down</strong> on the mortgage, and/or <strong>behind on their payments</strong>, there is a federal program called <strong>"Making Homes Affordable"</strong> that can help you lower your interest rate, and get the terms of your loan modified.  (See if you qualify at: </span></span></span></span><strong><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"><a href="http://www.makinghomesaffordable.gov/">http://www.makinghomesaffordable.gov/</a></span></span></span></span></strong><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt">).  If you are in that situation, please call me as soon as possible so that I can help you try everything else we can to save your home.  If all else fails, selling your home via a shortsale can be a much better alternative to foreclosure for you and your lenders.  </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt"> </span></span></span></span></div> <div><span style="font-size: 10pt"><span style="font-size: 12pt"><span style="font-size: 10pt"><span style="font-size: 10pt">Check back with me often as I will be sharing more information on what is happening in the Sacramento housing market.  If you need any real estate related information or advice, please give me a call or send an email.</span></span></span></span></div></p>