Roseville, Rocklin, Lincoln, Loomis, Granite Bay - Placer County, California - Real Estate Blog - Souza Realty

OPEN HOUSE: 47 Villa Gardens Court, Roseville, CA 95678 (Sunday, 9/5/10, 1-4pm)

Detached Courtyard Home In The Gated Community Of Villemont

Overview Maps Photos Features Video Open House Market Stats

$199,950 Single Family Home For Sale Main Features 2 Bedrooms 2 Bathrooms 1 Partial Bathroom Interior: 1233 sqft Lot: 1,089 sqft Location 47 Villa Gardens Court Roseville, CA 95678 USA To get updates on open home dates and other property events, please click the "Like" button below:

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Bob & Leilani Souza Souza Realty (916) 408-5500 leilani@souzarealty.com http://souzarealty.com Listed by: Souza Realty

Our recent listings Detached Courtyard Home In The Gated Community Of Villemont Gorgeous Courtyard Home At Strada - 2 Bedrooms Plus A Loft Subscribe to our listing feed

See more Roseville, CA real estate for sale

OPEN HOUSE: 8508 Cortina Circle, Roseville, CA 95678 (Sunday, 9/5/10, 1-4pm)

Gorgeous Courtyard Home At Strada - 2 Bedrooms Plus A Loft

Overview Maps Photos Features Description Video Neighborhood Open House Market Stats

$204,950 Single Family Home For Sale Main Features 2 Bedrooms 2 Bathrooms 1 Partial Bathroom Interior: 1271 sqft Lot: 0.02 acre(s) Location 8508 Cortina Circle Roseville, CA 95678 USA To get updates on open home dates and other property events, please click the "Like" button below:

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Bob & Leilani Souza Souza Realty (916) 408-5500 leilani@souzarealty.com http://souzarealty.com Listed by: Souza Realty

Our recent listings Detached Courtyard Home In The Gated Community Of Villemont Gorgeous Courtyard Home At Strada - 2 Bedrooms Plus A Loft Subscribe to our listing feed

See more Roseville, CA real estate for sale

Sprint 4G Coverage in Roseville, CA - New Android Phones (Samsung Epic 4G, Samsung Intercept)

We visited the Sprint Store in Roseville, California yesterday and...surprise, surprise...their new Samsung Epic 4G (which was just released for sale on August 31, 2010) was on 4G! Huh??? After reading about the 4G coverage areas online, I thought it was only currently available in Stockton, Modesto (and elsewhere) and "in the works" for San Francisco and San Jose. There was no mention of it coming to the Sacramento area, but there it was...4G coverage!

The HTC Evo 4G (pictured above left) has a very large screen and (of course) is a very large phone...with no slide-out keyboard. The Samsung Epic 4G (two of them are pictured above right) has a smaller screen but it's also a smaller phone than the Evo...and it has a slide-out keyboard. One more thing...the Epic 4G's display is ABSOLUTELY STUNNING!!!

Samsung Epic 4G (as compared to my iPhone 3G)

• PROS: Amazing display, slide-out keyboard, swipe keyboard option, voice commands, 16MB Micro SD card included, front-facing camera, flash, video camera, built-in Wi-Fi for up to 5 devices (add'l cost of $30/mo.)
  
• CONS: $249 price tag + $10 more per month (for 4G?)
  

The only other Sprint Android phone that will be compatible with the 2.2 upgrade is the affordably priced Samsung Intercept (pictured below center, phone 5 of 7), which I thought was our only sensible option, until finding out that 4G coverage is on its way to the entire Sacramento area. Now I'm a little torn between the two...4G for $249 vs. Satin Pink for $99?

Samsung Intercept (as compared to my iPhone 3G):

• PROS: Stylish Satin Pink color, $99 price tag, slide-out keyboard, swipe keyboard option, voice commands, video camera, compact size
  
• CONS: Rev-0 (not Rev-A), smaller screen size
  

Sprint offers new customer a 30-day trial period, so we'll see how it goes when our phones arrive. I think Bob's going to change his to the Samsung Epic 4G...but for now I'm keeping my Satin Pink Samsung Intercept! :)

Roseville, CA - Bank Owned Homes / REO Properties (August 23-27, 2010)

Here is a list of bank owned homes in Roseville, California (Placer County) that became REO properties during the week of August 23-27, 2010:

1. 101 Dante Circle, Roseville, CA 95678 (2/3, 1434 sq. ft. built in 2005)
2. 1306 Gerry Way, Roseville, CA 95661 (3/1, 1170 sq. ft. built in 1957)
3. 318 Sawtell Road, Roseville, CA 95678 (2/2, 1265 sq. ft. built in 1987)
4. 1481 Black Bear Street, Roseville, CA 95747 (4/3, 1947 sq. ft. built in 2005)
5. 1251 Base Line Road, Roseville, CA 95747 (commercial, 0/2, 12920 sq. ft. built in 1997)
6. 1265 Pleasant Grove Boulevard, Roseville, CA 95747 (commercial land, 29620 sq. ft.)
7. 407 Hanworth Court, Roseville, CA 95661 (3/2, 1844 sq. ft. built in 1989)
8. 1526 Lathwell Way, Roseville, CA 95747 (3/2, 1471 sq. ft. built in 1994)
9. 1501 Secret Ravine Parkway #322, Roseville, CA 95661 (1/1, 751 sq. ft. built in 2004)
10. 1605 Alnwick Drive, Roseville, CA 95747 (4/3, 1977 sq. ft. built in 1990)
11. 1501 Secret Ravine Parkway #224, Roseville, CA 95661 (1/1, 751 sq. ft. built in 2007)
12. 1890 Ridgeview Drive, Roseville, CA 95661 (4/4, 3244 sq. ft. built in 1981)
13. 1675 Vernon Street #72, Roseville, CA 95678 (2/1, 807 sq. ft. built in 1987)
14. 315 Duranta Street, Roseville, CA 95678 (3/1, 1008 sq. ft. built in 1959)
15. 330 Margaret Way, Roseville, CA 95678 (3/2, 1510 sq. ft. built in 1976)
16. 1012 Treasure Lane, Roseville, CA 95678 (3/2, 1275 sq. ft. built in 1979)
17. 1756 Hiawatha Drive, Roseville, CA 95747 (5/3, 2658 sq. ft. built in 2002)
18. 1791 Cadfael Street, Roseville, CA 95747 (3/2, 1496 sq. ft. built in 2001)
19. 303 Livingston Court, Roseville, CA 95661 (4/3, 2269 sq. ft. built in 1979)

Some of these bank-owned properties may soon be listed on the market, so consider this an sneak preview of future REO listings in Roseville, California!

Roseville, CA - Bank Owned Homes / REO Properties (August 16-20, 2010)

Roseville, CA - Bank Owned Homes / REO Properties (August 9-13, 2010)

Roseville, CA - Bank Owned Homes / REO Properties (August 2-6, 2010)

Search FORECLOSURES on SouzaRealty.com

Seal Coating the Streets of Strada (A John Laing Homes Community) in Roseville, CA 95678

The streets of Strada in Roseville, California (Cortina Circle, Oliva Road, Roseto Road and Vento Court) will be seal coated between Monday, August 30, 2010 to Thursday, September 2, 2010. Here are the details from the Strada Homeowners Association:

• All vehicles must park away from the areas being worked on by 7am. Any vehicles remaining in these areas will be towed at the owner's expense.
• There will not be any vehicle access of the areas being sealed and re-striped from 7am to 7pm or until the affected area is properly dry and ready for vehicle traffic. Please be aware that AC Asphalt will remove the cones once these areas are dry. DO NOT DRIVE AROUND THE CONES JUST BECAUSE AN AREA MAY APPEAR DRY.
• To accommodate in the seal coating of the community, ALL PARKING RULES WILL BE SUSPENDED FROM THE EVENING OF 8/29/2010 TO 9/2/2010. The streets of the community will be available for the garbage zone parking.
• Homeowners are encouraged to park their vehicles in the opposing portions of the community.
• Below, you will see the map of the community detailing the areas andd the date of the planned seal coating.
• It will take about a week for the seal coat to cure completely. Please drive slowly and avoid making sharp turns to minimize power steering marks.

Monday, 8/30/2010: SW corner of Cortina Circle (between Fairway Drive entrance and Highland Park Drive entrance)

Tuesday, 8/31/2010: SE corner of Cortina Circle (between Oliva Road and Highland Park Drive entrance)

Wednesday, 9/1/2010: Fairway Drive entrance to Oliva Road to NE corner of Cortina Circle

Thursday, 9/2/2010: Cortina Circle (N of Oliva Road) to Roseto Road to NE corner of Cortina circle

The vendor performing this job will be AC Asphalt Sealing & Maintenance. Please contact them at 916-329-7325 for any questions regarding the actual seal coating process.

Any questions on parking or any other matters, please contact the Vierra Moore Management Company at 916-925-9000.

LINKS TO OTHER STRADA BLOG POSTS:

Home Sales in Strada, a John Laing Homes Community in Roseville, CA 95678

Strada - A Detached Courtyard Home Community in Roseville, CA

Home Sales in Strada, a John Laing Homes Community in Roseville, CA 95678

Strada is a John Laing Homes community of detached courtyard homes in Roseville, California near I-80 at Highway 65 near Blue Oaks Boulevard and Fairway Drive. Residents have exclusive use of Strada's neighborhood park, with a playground, walking path, covered picnic tables and a BBQ area. Don't feel like cooking? Johnny Garlic's and Chili's Grill and Bar Restaurant are just a short walk away!

STRADA HOME SALES:

1. 124 Vento Court, Roseville, CA 95678 (2+loft/2.5, 1271 sq. ft.) $188,000 - 7/21/10 *short sale*
   
2. 9052 Cortina Circle, Roseville, CA 95678 (2+loft/2.5, 1271 sq. ft.) $200,000 - 6/28/10
3. 8425 Roseto Road, Roseville, CA 95678 (2/2.5, 1337 sq. ft.) $200,000 - 6/18/10 *short sale*
   
4. 8456 Roseto Road, Roseville, CA 95678 (3/2.5, 1462 sq. ft.) $211,000 - 6/15/10 *short sale*
   
5. 109 Vento Court, Roseville, CA 95678 (3/2.5, 1462 sq. ft.) $195,000 - 6/14/10 *short sale*
   
6. 9156 Cortina Circle, Roseville, CA 95678 (2/2.5, 1337 sq. ft.) $200,000 - 5/7/10 *short sale*
   
7. 8417 Roseto Road, Roseville, CA 95678 (3/2.5, 1464 sq. ft.) $200,000 - 5/4/10 *short sale*
   

AVAILABLE HOMES IN STRADA:

1. 8508 Cortina Circle, Roseville, CA 95678 (2+loft/2.5, 1271 sq. ft.) $204,950
   
2. 8717 Cortina Circle, Roseville, CA 95678 (3/2.5, 1464 sq. ft.) $199,900 *bank owned*
3. 8789 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $159,000 *short sale* (unapproved)
   
4. 9012 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $165,000 *short sale* (unapproved)
   
5. 9164 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $174,500 *short sale* (unapproved)
6. 8415 Oliva Road, Roseville, CA 95678 (2/2.5, 1337 sq. ft.) $179,900 *short sale* (unapproved)
7. 8741 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $189,000 *short sale* (unapproved)
8. 8448 Roseto Road, Roseville, CA 95678 (3/2.5, 1337 sq. ft.) $190,000 *short sale*
9. 8524 Cortina Circle, Roseville, CA 95678 (3/2.5, 1462 sq. ft.) $192,000 *short sale* (unapproved)

What's the deal with with these "rock bottom" unapproved short sale prices?

Unapproved short sale listings are like a "bait-and-switch" because their list prices are nothing more than a random number that the listing agent/seller came up with...many times simply to delay foreclosure so they can either continue to live in the house payment-free or continue to collect rent from the tenant while they don't pay their mortgage.

They price the home significantly under market value to snag a buyer quickly and submit the short sale offer to the bank. This commences the short sale approval process, which typically takes 4-8 months or longer, depending upon the bank...however, this doesn't always stop a foreclosure from happening (see my blog post) nor does it mean the bank won't respond with a counter offer with a higher sales price.

As you can see by recent home sales, banks usually do not accept "rock bottom" pricing...they sell for market value. Also, homes that are bank owned or short sales typically sell for less money when they need work (the backyard may be overgrown with weeds, the carpet may need replacing, walls may need to be painted and the tile floors may be just plain ugly or small and outdated!) Location also has a lot do with desirability and price...homes that back up to busy streets may sell for less than homes in a quiet location.

Home Sales in Villemont, a Tim Lewis Community in Roseville, CA 95678

Villemont is a gated community of detached courtyard homes built by Tim Lewis Communities in Roseville, California near I-80 at Highway 65 and Pleasant Grove Boulevard between Highland Pointe Drive and East Roseville Parkway. Residents have exclusive use of Villemont's clubhouse, fitness center, swimming pool, spa, BBQ and playground.

VILLEMONT HOME SALES:

1. 144 Talmont Circle, Roseville, CA 95678 (2/2.5, 1142 sq. ft.) $190,000 - 8/18/10
2. 140 Talmont Circle, Roseville, CA 95678 (2/2.5, 1142 sq. ft.) $180,000 - 8/12/10 *short sale*
   
3. 71 Chambord Way, Roseville, CA 95678 (2/2.5, 1233 sq. ft.) $200,000 - 7/30/10
4. 45 Villa Gardens Court, Roseville, CA 95678 (3/2.5, 1357 sq. ft.) $210,500 - 6/24/10
5. 29 Villa Gardens Court, Roseville, CA 95678 (2/2.5, 1357 sq. ft.) $185,000 - 5/21/10 *short sale*
   
6. 3 Villa Gardens Court, Roseville, CA 95678 (4/3, 1639 sq. ft.) $235,000 - 5/17/10
7. 124 Talmont Circle, Roseville, CA 95678 (3/3, 1826 sq. ft.) $253,350 - 5/14/10

AVAILABLE HOMES IN VILLEMONT:

1. 47 Villa Gardens Court, Roseville, CA 95678 (2/2.5, 1233 sq. ft.) $199,950 *NEW LISTING*
   
2. 5 Villa Gardens Court, Roseville, CA 95678 (3/2.5, 1376 sq. ft.) $185,000 *short sale* (unapproved)
   
3. 92 Talmont Circle, Roseville, CA 95678 (3/2.5, 1376 sq. ft.) $195,000 *short sale* (unapproved)
   

Note: An unapproved short sale basically means that the home has been listed at a price less than what is owed and the bank or lender has not approved the listed price. The approval process may take months and the bank may require a higher sales price or even foreclose on the home after a buyer has submitted an offer.

This is exactly what just happened with 42 Villa Gardens Court, Roseville, CA 95678 - the bank foreclosed on the home on 7/29/10, the day before the listing agent sent an offer to the bank's short sale department. This home had remained on the market as "active short contingent" (meaning an offer has been submitted on a short sale, but it has not been approved) for 26 days AFTER it had foreclosed, when I wrote a blog post about it and notified the listing agent.

Roseville, CA - Bank Owned Homes / REO Properties (August 16-20, 2010)

Here is a list of bank owned homes in Roseville, California (Placer County) that became REO properties during the week of August 16-20, 2010:

1. 1002 Mayflower Court, Roseville, CA 95747 (4/3, 2112 sq. ft. built in 1988)
2. 9695 Pinehurst Drive, Roseville, CA 95747 (4/3, 4630 sq. ft. built in 2005)
3. 1182 Meadow Gate Drive, Roseville, CA 95661 (3/2, 1401 sq. ft. built in 1981)
4. 901 Herbert Street, Roseville, CA 95678 (3/2, 1560 sq. ft. built in 1948)
5. 514 Grove Street, Roseville, CA 95678 (2/1, 988 sq. ft. built in 1922)
6. 2195 Beatty Way, Roseville, CA 95747 (4/3, 1731 sq. ft. built in 1996)
7. 133 Look Out Point Court, Roseville, CA 95747 (3/2, 1458 sq. ft. built in 2001)
8. 2959 Tilbury Way, Roseville, CA 95661 (3/2, 1921 sq. ft. built in 2002)
9. 1315 Crestmont Avenue, Roseville, CA 95661 (3/2, 1152 sq. ft. built in 1961)
10. 617 Tamarindo Way, Roseville, CA 95678 (4/2, 1677 sq. ft. built in 1998)
11. 1001 Marseille Lane, Roseville, CA 95747 (2/2, 1597 sq. ft. built in 2007)
12. 36 Palomino Court, Roseville, CA 95678 (3/2, 1764 sq. ft. built in 2000)
13. 501 Gibson Drive #1723, Roseville, CA 95678 (2/2, 1016 sq. ft. built in 2003)
14. 701 Gibson Drive #723, Roseville, CA 95678 (1/1, 714 sq. ft. built in 2006)
15. 312 Coronado Avenue, Roseville, CA 95678 (3/2, 1116 sq. ft. built in 1909)
16. APN 484-176-001-000 (Lot 53, Crocker Ranch), Roseville, CA 95747 (3/4, 3031 sq. ft. built in 2007)
17. 9037 Cortina Circle, Roseville, CA 95678 (2/3, 1271 sq. ft. built in 2005)
18. 10001 Woodcreek Oaks Boulevard #1022, Roseville, CA 95747 (3/2, 1261 sq. ft. built in 2003)
19. 716 Pope Court, Roseville, CA 95747 (5/3, 2564 sq. ft. built in 1998)
20. 146 Ash Street, Roseville, CA 95678 (1/1, 1620 sq. ft. built in 1965)
21. 3975 Douglas Boulevard, Roseville, CA 95661 (1880 sq. ft. built in 1968)

Some of these bank-owned properties may soon be listed on the market, so consider this an sneak preview of future REO listings in Roseville, California!

Roseville, CA - Bank Owned Homes / REO Properties (August 9-13, 2010)

Roseville, CA - Bank Owned Homes / REO Properties (August 2-6, 2010)

Search FORECLOSURES on SouzaRealty.com

Home Is STILL Listed As "Short Contingent"...But The Bank Foreclosed 26 Days Ago!

Do you ever see a home listed as a short sale that's priced significantly under market value that seems too good to be true? I just noticed a listing in Villemont, a gated community in Roseville, CA where I also have a home for sale (not a short sale or bank owned). These "unapproved" short sale listings do nothing but bring the neighborhood comps down under a false pretense.

• If a home listed as a short sale does NOT have bank approval AND it's listed way under market value AND it already has a notice of trustee sale...it's NOT very likely that the home can be purchased for its asking price.

For example, there is a short sale currently listed on the MLS as "active contingent" in the gated community of Villemont in Roseville, CA. This home has been contingent since July 30, 2010...but the bank foreclosed and took it back on July 29, 2010! Below is a screenshot showing that this property became an REO (Bank Owned) on 7/29/10:

Below is a screenshot showing that the property status changed to "Active Short Contingent" on 7/30/10:

SHORT SALE TIMELINE FOR 42 VILLA GARDENS COURT, ROSEVILLE, CA 95678:

1. Notice of default on 9/14/2009
2. Notice of trustee sale on 6/8/2010
3. Listed on the MLS as a short sale on 6/28/2010
4. Foreclosed and bank-owned on 7/29/2010
5. MLS status changed to "contingent" on 7/30/2010

How awful for the buyer of this home and the buyer's agent...they're probably still waiting to see if the bank "approves" their short sale offer! Hopefully, the listing agent will notify them when he receives notification that his listing is no longer valid and should be withdrawn. Maybe this buyer will be interested in my listing...and it's NOT a short sale!

http://Villemont.WillSellQuick.com