CentralCityDigsBlog

100% Loans: Reality or REALTY myth?

I’ve recently assisted two Sacramento families buy their first homes. Being a part of their exciting life transitions is extremely rewarding.

“CJ & Juli” have terrific jobs, yet they didn’t have extensive funds saved for a down payment. “Brenda,”  was able to bring funds to cover loan fees, but wanted to save her funds for improvements on the older home she desired.             

In both cases, the families met with my mortgage consultant and learned that their good credit and quality employment provided them the opportunity for a 100% loan with a GREAT interest rate.

I worked for weeks with both clients to identify the “perfect” homes and in both cases—JACKPOT!  With house prices dropping, the homes they purchased exceeded their expectations, but not their budgets.

I LOFT Sacramento!

       I recently helped a professional who lives over two hours away and commutes to the State Capitol regularly. He wanted a property to use for occasional overnights, and visiting clients.

       We discussed his priorities—he wanted something elegant and stylish, cutting edge, but low maintenance…. and close to his office. After multiple considerations, we visited one of the under-construction loft projects and he fell in love.

       When the project is complete, he’ll be moving in and no longer worrying about foggy mornings drives. Instead, he’ll be walking to his office without just a few blocks away.

Sacramento has many loft projects and I pride myself by staying abreast of their construction, amenities and specifications. I’d love to help someone else make a new home a reality!

Sacramento Home Buying Seminar

The Central City Digs team will be hosting an upcoming home buying seminar in early February. Details to follow! To view info about CCD's previous events check out: CentralCityDigs.com

Been there. Seen it. 1600 H Street Lofts

Went for a tour Tuesday of the 1600 H Street Lofts... The builder says he designed them to be "New York style" with concrete floors, high ceilings and true, open spaces.  Pics to follow.

Hotel-Amenities in a Condo by the Capitol

The Towers project's residents were going to be able to reap the benefits of having a hotel onsite. Maid service, room service, athletic and pool access, and concierge services.  Folks were salivating at the prospects of having such a great resource.

Did you know you can get it at 15th & L Street, above the Residence Inn. Simply called "the Penthouses," they're your basic condo with nice Granite kitchens, big windows, and comfortably sized bedrooms. Lofts, they are not.  there are amenities of a residence hotel, referenced above. Parking is located just north of the apartments.

The remaining units include one on an above-tree level floor that has an AMAZING view of the Capital, right on the corner of 15th & L Streets.

They have been marketing them quietly as final touches are finished; now realtors are getting the opportunity to get their clients more involved. They're sweet!

MidtownGrid.com: Partners for Neighborhood Success

http://midtowngrid.com/

Since moving to The Central City (ok, Midtown! and back when it wasn't cool, just cheap!) in 1990, the explosive and wonderful changes the CC has undergone in the last 10 years has been remarkable. Mr Central City Digs and I met, worked and now play in Midtown every chance we get.

A great resource for finding out what's going on is MidtownGrid.com. Check out their website for a Sacramento community and events calendar, coupon source, and, of course, a list of service providers, restaurants and retail establishments who've all committed to Brian Fischer & Julia Seebach's vision. They work hard bringing together the sometimes-competitive business folk to work for Midtown's success.

Cheers!

Whiskey Hill Lofts: Poverty Ridge

I once lived at 22nd & S Streets....on the S side of the street was apartments and large historic homes. R Street was always rather industrial and empty.

And, of course, it was known as Poverty Ridge. Yeh, back in my day I used to ride my bike to and from the grocery store on Capitol and 17th because there was NO Midtown Safeway, folks!  Life was rough in those days. Now Poverty Ridge has a (Petrovich-inspired) Rite Aid AND a Safeway...lucky lucky lucky.

Anywhoo, times are a changin'. They're now calling it Whiskey Hill - - and even got a bar named after this 'hood (why didn't they call the area around 19th & P The Zebra Corners or Zebrahood???)....

I just received an email from the folks at Kuchman Architects indicating that they're preparing for sale the "WHISKEY HILL LOFTS." I'd heard it was going to be a rental property, but sounds like they'll soon be available. 28 units with garages. More info to follow.

http://www.kuchman.com/architecture-portfolio/urban/whiskey-hill.html

L Street Lofts

The L Street Lofts are looking fabulous these days.  And the listing agent tells me one of the Sacramento Kings has bought one of the two story penthouses!

I most recently toured with a client who found the appeal of condo living in downtown to be huge! Loved the Midtown scene but wasn't into older homes. 

The timeline for completion has been put off  - my clients still have not closed escrow, but are expected to at any moment this week. I think the original timeline was closing in November, however with the finishing touches adding appeal, I haven't heard any distressful calls.

Streetlights in Land Park

Sacramento's Land Park has always been a hotbed of political activism. From challenging the zoo's expansion to reducing parking at Land Park and adding a running path, saving Tower theater and letting the Riverside Target know their strength..........a recent bid for streetlight assessments was heartily shot down.

Sacramento History: Trulia Hindsight

There's nothing more fun than watching a city you love grow.

Check out Trulia Hindsight and watch the Central City develop!

http://hindsight.trulia.com/map/#lat=38.551&lon=-121.465&zoom=13&mix=0.500