In an article on Sacramento Real Estate Voice this week, as a Sacramento Short Sale agent I felt it was time again to explain to the Sacramento homeowners that are having trouble paying their house payment and have fallen behind, just what some of their options are.
Sometimes, as a Sacramento homeowner who is going through a difficult time financially, you lose track of what is available in terms of help with that mortgage payment that you can no longer meet.
Some Sacramento homeowners have either lost their job, hours have been cut along with their paycheck, have experienced a divorce, need to move due to a job relocation or have become ill and unable to sustain their house payment.
There are many reasons why many Sacramento homeowners find themselves in a precarious situation with their house payment.
There is help and their are solutions for you. As a Short Sale agent that is a certified distressed property expert, I talk to many Sacramento homeowners everyday to help them resolve and seek solutions when they are having trouble paying their house payment.
Once a Sacramento homeowner calls me to go over their options, what they start experiencing is
Hop on over to Sacramento Real Estate Voice and read Having Trouble Paying Your House Payment.
Recently, I wrote an article on Sacramento Real Estate Voice that breaks down CA SB931 which will take effect on January 1, 2011 in California.
This new California bill is deficiency protection for CA Short Sales of 1-4 units which protects homeowners and investors from recourse on their first mortgages and Deeds of Trust.
Apparently, the banks did not lobby against this bill and some say it is because the banks already have such a bad reputation with the public that they didn't want any further bad publicity.
My guess is that there is more to it than that and the banks will have every intention of requiring a promissory note be signed and or a contribution from the seller of a Short Sale before they will approve the Short Sale. Many times the bank ask for this now but I believe that this will be mandatory with the banks in the future.
Any Short Sale agent worth their salt in my opinion should be postponing Short Sale approvals until after January 1, 2011 to protect their seller who refinanced their 1st mortgage in the State of California.
You can read more at Short Sale Ship is Docking on January 1, 2011 where who and what applies to the protection of a deficiency judgment is spelled out.
As always a CPA and/or attorney should always be consulted by the homeowner/investor prior to deciding what is best for them with a Short Sale or a Foreclosure.
Gena Riede, CDPE working with Sacramento Short Sale sellers who are having difficulty paying their house payment. CA RE License #01310792
Due to our economic times and all the negativity that surrounds us with television and the news, it seems that it is time to take action and be proactive.
Many families are struggling to make ends meet. Sometimes it's hard to think of different ways to save money. It's like the old saying
Here are a few ways to help save money in your household. Can you think of any to add?
GREAT NEWS for California Homebuyers! Double Jeopardy...
Home buyers who buy a house from a home builder will receive $10,000 tax credit.
This is a CA State tax credit which applies only to new construction.
click to read : Rules to Qualify for tax credit:
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Other Home Buyer Tips:
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Sacramento Real Estate serving Home Buyers & Sellers in Elk Grove, CA, Folsom, Roseville,, Granite Bay ,Placer County, El Dorado Hills, West Sacramento, love 1st Time Home buyers, too. (916) 417-2699
As the Real Estate Broker and owner of Riede Real Estate, I work as a full time Realtor in the Sacramento area with Sellers, Home Buyers and those relocating to the Sacramento and surrounding areas. You can reach me by email, Gena@GenaSells.com or call (916) 417-2699
There are many areas within Sacramento County that I can help you with such as:
In Placer County, I love to show homes in
El Dorado Hills in El Dorado County is an area that quite a few of my past clients enjoy living. It is an area within the hills overlooking the Sacramento valley. Life doesn't get much better than El Dorado Hills as well as Cameron Park.
West Sacramento is located in Yolo County and is just across the Sacramento River from Downtown Sacramento so it's just a hop, skip and a jump from Downtown Sacramento and home of the River Cats.
My previous Home Buyers and Sellers have written testimonials that appear on my website, expressing their honest feedback after having worked with me (an example of one is listed below).
Both Home Buyers and Sellers have expressed their opinions and most of them have been repeat clients as well as providing the highest compliment a Realtor can receive, by referring me to their families and friends.
I would suggest that you take the opportunity to view these testimonials and see if what my past clients have said is specific to what you personally are looking for in a Realtor. If so, I would be more than happy to assist you in your home buying and selling.
As a Real Estate Broker, I am held to a higher standard and I take that very seriously. Due to my own moral character and ethics my clients never feel pressured or uninformed during the home buying and selling process.
One of the things I pride myself on is being totally responsible for each of my transactions. Home Buyers and Sellers both know that when they hire me, they get me; we become a team with the same goal!
I continue to educate myself through classes and reading as well as keeping up with the ever-changing computer and internet venues which provide more knowledge base for my clients and their transactions.
Each week there are several new articles that I write on my blog, Sacramento REAL Estate Voice to help those living and relocating to our great Sacramento, CA area. If you would like to view my blog for Sacramento and the surrounding areas simply click on SacramentoRealEstateVoice.com .
There you can view some of the neighborhoods that I have featured and video tours to let you become acquainted with the Sacramento area.
Each month I compile questions coming from Sacramento Home Buyers, Sellers and Homeowners where I answer their Real Estate questions while maintaining their anonymity. This is what I call "Got Question, Ask Gena." 
I welcome your comments. If you feel, that we would be a good match, I welcome your call or email and look forward to helping you with all of your Real Estate needs.
My area of expertise ranges from First-time Homebuyers to Luxury Home Buyers as well as those interested in purchasing retirement and/or vacation homes in the Sacramento, Placer, El Dorado and Yolo Counties.
The Sellers I work with either have investment property that they selling, family tract homes or luxury homes. Land and business are an area that I have added to my repertoire as well.
Each Home Buyer, Seller and Real Estate transaction is unique, some more complex than others but each get my full undivided attention and knowledge base.
I work with Home Buyers and Sellers in the Sacramento, Placer, El Dorado and Yolo Counties. 
Simply click on this map and you can use the interactive map to find out about different communities in and around the Sacramento area.
While viewing the map at the above link, you may click on the City/Community and obtain addition information as well as available homes for sale, condos for sale, land for sale, or buinsess opportunities.
I have provided Home Buyers, Sellers and those Relocating an opportunity to gather information about each of our diverse areas here in Northern California in and around the Sacramento area, since each County is unique to the area and has much to offer.
You never have to sign-in in order to view homes for sale. I have always felt that when you are ready, you will contact me. So, feel free to click 
and view all of the homes for sale throughout the Sacramento, Placer, El Dorado and Yolo counties.
To view Testimonials from both Home Buyers and Sellers, go to my website to view more. ********************************************************************
"We are extremely satisfied clients of Gena Riede, one of the very best Realtors ever! We met Gena at an Open House in Elk Grove, CA while on our honeymoon in August 2002 (coincidentally about 2.5 miles from where we recently purchased our new home!). We established a fruitful, long-distance (my wife and I were Chicago residents at that time) professional relationship with Gena, as well as a warm and lasting personal friendship. Despite numerous setbacks over a five-year period, (including four years of renting while waiting for the local housing market to regain sanity) Gena worked with us to find the right house, in the right location, for the right price, at the right time. Also through her business association with an honest, savvy and prudent real estate loan broker, we found the right mortgage that meets our financial situation perfectly.
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Throughout our long trek towards our goal of owning a home again, Gena not only provided excellent service as our agent, she is/was a stalwart partner in that process. She reinforced our resolve when things were most difficult---health issues; job & career issues...whatever obstacles to home ownership that arose.
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There is no greater blessing than for the Lord to accomplish His Divine Will through the diligence, faith and hard work of a dedicated professional like Gena Riede. Home ownership is more than just "The American Dream" : it is -in part-the glue that holds this diverse nation together. We need more Realtors, more people like Gena who put real
people--- common folks like us, first!
If we ever know of anyone who sincerely wants to buy or sell a home, only one name will be spoken: Gena Riede."
Sincerely (proud and happy new homeowners), David S. Sims , Sr. and Cheryl L. Sims
8634 Black Kite Drive
Elk Grove, CA 95624
September 13, 2007
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"Gena is a Realtor that sincerely cares about her clients. She stays on top of all transactions, is very dependable, and continually keeps her clients informed. Gena has high ethics, gives honest opinions, and gives her clients excellent advice on how to prepare their home for sale. She is always available to answer questions or address concerns. If we still lived in the California area and were interested in buying or selling a home, we would definitely hire Gena again. She is a top-notch Realtor!"
Helen & Oliver
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"Gena helped us buy our first house four years ago. She was extremely thorough in her search to help us find the perfect place to call home and worked diligently to provide us with comprehensive information on everything from mortgage to location information. We were so thrilled with how she handled all of the details from start to finish that when we were ready to move again, we called Gena to help us sell and buy our next home. She has also continued to be an excellent resource for us even after we are settled into our home, providing numbers of people who can provide services such as painting or keeping us up to date on the current real estate trends. We recommended several friends to Gena who have successfully also bought and sold homes through her. She is a very dedicated, supportive, enthusiastic, informative, and intelligent realtor and anyone utilizing her services is very fortunate."
Erin & Mike T.
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" Thanks Gena for all your help the past few years! When we were ready to purchase our first home, you helped my wife and I find the perfect place. And when we needed to sell a few years later, again, you were there to help us through the process and get our home sold in a timely manner. We couldn't be much happier with the service you provided."
Thanks Again!
John & Christy D.
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"Gena represented my wife and I in the purchase of our home in El Dorado Hills. Gena is a very respectful and a responsive person to your Real Estate needs 24/7. Gena gets answers to your Real Estate and Financial questions immediately.
My wife and I relocated from San Jose and closed our Real Estate purchase in 30 days.
When we decide to move again, we will seek Gena's advice and expertise and will ask her to be our Real Estate realtor/broker."
Sincerely,
Mr. & Mrs. Cousineau
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"Gena is the first and only real estate agent we have met that fully understands every aspect of the buy/sell process - - I know that may sound silly, but in a sea of agents Gena really stands out from the crowd. We never doubt her advice for a moment! Plus, her customer service attitude and work ethic go unmatched."
Angela & Tom
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"In selling my home, I could not have asked for a better Realtor than Gena! I was impressed by her enthusiasm, thoroughness, and complete availability during the whole process. She was totally involved, every step of the way, to ensure that things went smoothly, and the sale was completed with very little effort on my part. I didn't realize that selling a home could be so easy!! I cannot recommend Gena highly enough!"
All the best!
Joseph Hoffman
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"We have known Gena for four years and she has helped us buy our first home, sell our first home and purchase our second home. Not only is Gena professional, very knowledgeable and a real advocate for her clients, but she has quickly become a part of our family because of her kindness and compassion. The most impressive thing about Gena is that her job doesn't end when you have signed the papers and have moved into your new home. Gena always makes herself available to her clients in order to answer questions or help in any way she can. Gena truly cares about her clients and doing what is in their best interest."
The Lucchesi Family
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"I have used Gena for both buying and selling a home. Because Gena was so "on-the-ball" for me when I was buying my first home, I did not hesitate to call her when I was ready to sell. During the selling transaction, we ran into a few obstacles due to the buyer and buyer's realtor, and Gena was quick to do all in her power to move the deal along in the speediest and smoothest way for me. I recommend Gena to any one out there considering buying or selling a home!"
MS- a happy client
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"Gena is the ultimate professional. She has assisted me with two different real estate transactions and both times went above and beyond the call of duty to ensure that my best interests were at the forefront and that my needs and desires were met. She spent countless hours working out details of contracts and helping facilitate parts of the processes that would have otherwise fallen through the cracks. If I hadn¿t moved out of state the last time, I would always rely on Gena for my real estate needs."
J. Thompson
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"In 2002/2003, my husband and I sold 2 homes with Gena's assistance. She was always there with her assistance and very candid with suggestions to improve the saleability of our homes. She kept in contact and kept us updated continuously. When we decided to purchase a home in the Foothills, we, of course, went back to Gena. When we plan to sell our current home, we definitely plan to go back to Gena !!"
Connie & Brian
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