Lincoln, CA

Want to know what the smallest, largest, cheapest and most expensive homes in Lincoln, California that sold in 2011 were? Here you go, based on MLS data for single-family detached homes in Lincoln, CA zip code 95648 (not including condominiums, mobile homes or properties sold at trustee sales):

SMALLEST HOME IN LINCOLN, CA (710 SQ. FT.) SOLD IN 2011

This equestrian property is a 3-bedroom, 1-bath, 710 sq. ft. home on 14.15 acres located at 993 Thermalands Road, Lincoln, CA 95648. It sold as an REO with conventional financing for $295,000 on March 17, 2011.

LARGEST HOME IN LINCOLN, CA (9,670 SQ. FT.) SOLD IN 2011

Located on a 1.030 acre lot that backs up to the golf course and main road at Catta Verdera Country Club, this 9,670 sq. ft. home at 201 Rua Esperanza, Lincoln, CA 95648 was built in 2007. It has 6 bedrooms, 6 full baths, 1 half bath and sold for $1,920,000 on January 21, 2011 with owner financing ($1,720,000 loan).

CHEAPEST HOME IN LINCOLN, CA ($60,000) SOLD IN 2011

Built in 1954, this 3-bedroom, 1-bath, 1127 sq. ft. fixer-upper at 890 A Street, Lincoln, CA 95648 is on a 6621 sq. ft. corner lot with RV access. It was a foreclosure and sold for $60,000 on December 15, 2011 to an all-cash buyer.

MOST EXPENSIVE HOME IN LINCOLN, CA ($1,920,000) SOLD IN 2011

201 Rua Esperanza, Lincoln, CA 95648 sold for $1,920,000 on January 21, 2011. The buyer put $200,000 as a downpayment and the owner financed the remaining balance of $1,720,000. Other 2011 sales of custom homes in Catta Verdera Country Club (without owner financing) were between $660,000 and $1,157,000.

MLS snapshots above were taken from MetroList Services, Inc. Information deemed reliable but not guaranteed.

Lincoln, CA - Extreme Homes of 2010

Lincoln, CA - Foreclosures / Bank Owned Homes / REO Properties (February 6-10, 2012)

Here is a list of foreclosures in Lincoln, California (Placer County) that became bank owned during the week of February 6-10, 2012:

1. 1131 Sun Valley Loop, Lincoln, CA 95648 (2/2, 2390 sq. ft. built in 2006)

In comparison, there were 9 properties in Lincoln, California that went back to the bank last week.

This REO property may soon be listed on the market, so consider this a sneak preview of a future foreclosure listing in Lincoln, California!

Please contact Bob Souza at (925) 513-3400 or Leilani Souza at (916) 408-5500 if you are interested in buying foreclosures through Souza Realty and would like to be notified when a particular foreclosed property becomes available for sale.

WEEKLY POSTINGS OF FORECLOSURES IN LINCOLN, CA

Lincoln, CA - Foreclosures / Bank Owned Homes / REO Properties (January 30 - February 3, 2012)

Here is a list of foreclosures in Lincoln, California (Placer County) that became bank owned during the week of January 30-February 3, 2012:

1. 725 O Street, Lincoln, CA 95648 (4/2, 1890 sq. ft. built in 1990)
2. 2612 Granite Park Drive, Lincoln, CA 95648 (4/3, 2744 sq. ft. built in 2003)
3. 1270 Landmark Circle, Lincoln, CA 95648 (3/3, 1872 sq. ft. built in 2006)
4. 482 Navigator Drive, Lincoln, CA 95648 (3/3, 1186 sq. ft. built in 2006)
5. 3070 Sierra View Circle #1, Lincoln, CA 95648 (2/2, 1239 sq. ft. built in 2006)
6. 1333 Seymour Circle, Lincoln, CA 95648 (4/3, 2222 sq. ft. built in 2006)
7. 705 P Street, Lincoln, CA 95648 (3/2, 1206 sq. ft. built in 1983)
8. 807 Dove Court, Lincoln, CA 95648 (3/2, 1416 sq. ft. built in 1990)
9. 143 L Street, Lincoln, CA 95648 (3/2, 1097 sq. ft. built in 1956)

In comparison, there were 5 properties in Lincoln, California that went back to the bank last week.

These REO properties may soon be listed on the market, so consider this a sneak preview of future foreclosure listings in Lincoln, California!

Please contact Bob Souza at (925) 513-3400 or Leilani Souza at (916) 408-5500 if you are interested in buying foreclosures through Souza Realty and would like to be notified when a particular foreclosed property becomes available for sale.

WEEKLY POSTINGS OF FORECLOSURES IN LINCOLN, CA

Choosing the right Lincoln Ca short sale agent is very important. Not all agents are created equal. Anyone can put a sign in your yard and add your home to the local MLS website. This is often the minimum that many agents do.

80% of home buyers find their next home on the internet. I market your home aggressively on the internet including adding your home to over 300 websites within 24 hours of taking your listing. Every agent and every potential buyer in the world will know that your home is for sale.

Another advantage I have over most other agents is my ability to relate with homeowners who are struggling to keep their homes. In 2008 I was laid off and depleted most of my savings in an attempt to save my 35 year old, 1,000 sq ft, 3 bed, and 1 bath home that I owed $270K on. I had lost my long time bank management position when the economy tanked. I had perfect credit, had never missed a payment on any account ever, and thought I was doing the right thing. I thought that my lender would understand and help me out. I was wrong!! Loan modification requests were declined over and over. Eventually I had to short sell my home. In hindsight I was a fool for depleting my savings and not short selling my home right away. If I had short sold immediately I could have saved my savings and could be buying a much larger and nicer home this year. There is a 3 year waiting period to finance a new home. I must wait one more year before I can buy for trying to do the "right thing". I should have short sold my home as soon as I lost my job. *Short sales are not for everyone and my opinions are based on my personal experience*

My personal experience puts me in a position were I can empathize and relate to my clients. I share my experience and let my clients know that a short sale can often be liberating and the start of a new less stressful future. If you are faced with a hardship a short sale may be a good option for you.

The main difference when you work with me is my belief in excellent service. I am in the people business. My clients are my #1 concern and become lifetime clients. I am very good at what I do, but I am also down to earth and very easy to work with.

If you are considering short selling your Lincoln Ca home contact me today for a consultation. DO NOT WAIT TO ASK FOR HELP LIKE I DID!

Here is some general information on what you can expect when you work with me.

When you're looking for a partner to help you negotiate the complexities of selling a home, you've come to the right place. The experience, negotiating skills, dedication, and strong communication you'll receive here will help ensure the successful sale of your home:

1. The Local Advantage - Take advantage of a broad spectrum of technologies and tools to support the sale of your home from start to close.

2. Internet Advertising - Since the lion's share of home buyers starts their search on the internet, top placement on search engines is essential. You'll gain access to placement on Google, MSNBC, and other websites. This will maximize your exposure and bring a large number of potential buyers to view information about your home.

3. Email Campaigns - It's important to "work the network." We can work together to identify the right people to target your home-and get in touch with them by email to drive excitement and interest.

4. Personal Touch - Of course, technology alone won't sell your home. Face-to-face interaction provides the advantage to sell your home-and you won't have to worry about a thing. The details will be handled with care and constant communication, to ensure the marketing and sale of your home go smoothly.

Home Listing Syndication

Your home can be advertised on websites all across the web, making sure buyers see your home and everything it offers. Here are some of the national sites where your home will appear:

• Lincoln Crossing short sale agent
• Twelve Bridges short sale agent
• Foskett Ranch short sale agent
• Sun City Lincoln Hills short sale agent
• Catta Verdera short sale agent

Contact me for all of your Lincoln CA real estate needs.

Lincoln Crossing Mello Roos Explained by Lincoln Crossing Realtor Jesse Coffey.

What is Mello Roos?

The Community Facilities District Act (more commonly known as Mello-Roos) was a law enacted by the California State Legislature in 1982. The name Mello-Roos comes from its co-authors, Senator Henry J. Mello(D-Watsonville) and Assemblyman Mike Roos (D-Los Angeles). The Act enabled "Community Facilities Districts" (CFDs) to be established by local government agencies as a means of obtaining community funding.

A Mello-Roos District is an area where a special property tax on real estate, in addition to the normal property tax, is imposed on those real property owners within a Community Facilities District. These districts seek public financing through the sale of bonds for the purpose of financing public improvements and services.These services may include streets, water, sewage and drainage, electricity, infrastructure, schools, parks and police protection to newly developing areas. The tax paid is used to make the payments of principal and interest on the bonds.

Mello-Roos is not tax deductible.

Mello Roos is most commonly seen in newer developments like Lincoln Crossing. These bonds are used to pay for the infrastructure needed for new communities throughout the State of California. The majority of homes built in the past 20-25 years often have Mello Roos. I have seen Mello Roos range for $30 per month all the way up to $375 per month. It is an expense that should be expected when buying a newer home. Mello Roos bonds typically mature in 15 or 30 year increments.

How does Mello Roos affect my Lincoln Crossing home?

1. As a homeowner it is an annual bill which you must pay. If you do not the City of Lincoln CFD could potential take ownership of your home. Most homeowners have their Mello Roos calculated in their monthly payment.

2. The higher than usual Mello Roos has had a negative affect on Lincoln Crossing home values. The average sold price per square foot is lower in Lincoln Crossing compared to Twelve Bridges or Foskett Ranch. Although impacted negatively Lincoln Crossing is still a very desirable place to live with quality homes.

3. Although Lincoln Crossing home prices have been negatively affected by the high Mello Roos it is still a great value compared to most of Placer County. Based on the quality of home that you own and the quality of life Lincoln Crossing is a wonderful place.

4. If you plan to live in your Lincoln Crossing home for more than 15 years it might be worth paying your Mello Roos off early. It could save you a substantial amount of money.

How does Mello Roos in Lincoln Crossing affect home buyers?

1. Many Lincoln home buyers do not understand Mello Roos and surprisingly many Realtors do not either. The Mello Roos can be a deterrent for many home buyers especially those in the lower price range. Mello Roos will be calculated into your monthly payment and could reduce your purchasing power. A $120 per month Mello Roos payment will reduce your purchasing power by approximately $20,000. For those looking to purchase a home in excess of $200,000 you will likely still be able to buy more home in Lincoln Crossing than in Roseville or Rocklin even with the higher Mello Roos.

2. Many home buyers looking in Lincoln Crossing can qualify to buy with zero down and no mortgage insurance through the USDA loan program. The monthly savings in mortgage insurance will typically offset the Mello Roos making Lincoln Crossing affordable for those that qualify for USDA financing.

3. Lincoln home buyers will be able to enjoy the new community and infrastructure that is currently in place. Eventually the City of Lincoln will finish all the projects in Lincoln Crossing once funding allows.

4. If home buyers plan to stay in Lincoln crossing for more than 15 years they can drastically reduce the amount they will pay for Mello Roos if they choose to prepay.

5. Although Lincoln Crossing home prices have been negatively affected by the high Mello Roos it is still a great value compared to most of Placer County.

How much is Lincoln Crossing Mello Roos annually?

These are the 2012 City of Lincoln CFD 2003-1 Lincoln Crossings rates based on square footage of a home located in Lincoln Crossing.

sqft amount
< 1,400 $1,183.90
1,401-1,800 $1,582.20
1,801-2,200 $2,039.00
2,201-2,600 $2.296.70
2,601-3,000 $2,988.20
> 3,000 $3,679.40

Can I pay my Lincoln Crossing Mello Roos of early?

1. Prepayment can be made for any homes, at any time, through the year 2034.
2. This prepayment is only for the City of Lincoln CFD 2003-1 Lincoln Crossings.
3. Prepayments are increments of 25%, 50%, 75% or 100% and will reduce all future
payments based on the percentage prepaid.
4. It does not include any amounts already placed on the tax rolls for the current year. Such
amounts shall be paid prior to the issuance of a lien release for 100% prepayments.
5. Anyone can make a prepayment at any time.
6. Rates are calculated each August for the current Fiscal Year, July through June.
7. Any Prepayments received after May 31 of any year will be credited to and receive a tax
levy the next Fiscal Year.
8. For the School CFD, you will need to contact the School directly for their information.

These are the payoff amounts until June 1st.
This is for a 100% payoff. You can choose to payoff in increments of 75%, 50% or 25%.

sqft amount
< 1,400 $18,600
1,401-1,800 $24,700
1,801-2,200 $31,700
2,201-2,600 $35,600
2,601-3,000 $46,200
> 3,000 $56,900

In addition to Lincoln Crossing real estate I am a very knowledgeable Twelve Bridges real estate agent, Foskett Ranch real estate agent, Sun City Lincoln Hills real estate agent, and Catta Verdera real estate agent. Contact me for all of your Lincoln CA real estate needs.

View Lincoln homes for sale.

As a Lincoln CA real estate agent I also assist Lincoln home owners as a Lincoln short sale agent. Please contact me for a confidential short sale consultation if you are considering short selling your Lincoln home. I am an experienced Lincoln Crossing short sale agent.

Here are links to my recent Lincoln home sales.

3311 Leiper Loop, Lincoln, Ca. 95648

2672 Red Clover Way, Lincoln, Ca. 95648

1087 Landmark Cir, Lincoln, Ca. 95648