Real Move Monthly: February 2016

February 18, 2016

Real Move Monthly is your South Placer County real estate resource presented by the Bishop Real Estate Group. In this month’s newsletter, you’ll find out about some real estate goals to think about this year, an inspirational quote, and our “Meet a Team Member!” If you have any questions about anything in this newsletter or if you’d like more information, contact us at (916) 458-5488 or BishopTeam@TBREG.com.

Real People. Real Lives. Real Estate.

OPEN HOUSES: Feb. 20th & Feb. 21st

OPEN HOUSE: Saturday, Feb. 20th
2:00PM - 4:00PM

156 Chimney Bluff Court, Folsom 95630
4 Bedrooms | 3 Bathrooms
Approx. 2,798 sq. ft.
Offered at $658,000

OPEN HOUSE: Sunday, Feb. 21st
2:00PM - 4:00PM

2041 Sebastian Way, Roseville 95661
4 Bedrooms | 3 Bathrooms
Approx. 2,798 sq. ft.
Offered at $584,000

OPEN HOUSE: Saturday, Feb. 20th & Sunday, Feb. 21st
2:00PM - 4:00PM

408 Lowell Court, Roseville 95747
2 Bedrooms + office | 2 Bathrooms
Approx. 2,009 sq. ft.
Offered at $499,999

OPEN HOUSE: Saturday, Feb. 20th & Sunday, Feb. 21st
2:00PM - 4:00PM

1465 W Colonial Parkway, Roseville 95661
4 Bedrooms | 2.5 Bathrooms
Approx. 2,145 sq. ft.
Offered at $455,000

Last month, we invited our clients to join us at Life Time Fitness Athletic in Roseville where they were given access to the club, group fitness classes, child care, and able to explore the facility at their own pace and indulge in a workout. Thank you to our clients who joined us as our guests and our member clients who stopped by and chatted with us. It's always great to see old friends!

It wouldn't be a TBREG event without a giveaway! We had a drawing for $200 LT bucks and a Bishop swag bag. Congratulations to our winners: Rita & Vipal!!

If you couldn't join us this time (or you want another chance to win) we'll have another opportunity for you to be our guest at Life Time and enter our drawing. Stay tuned! And if you're a member, be sure to visit us at the club on March 12th from 9:00am to 1:00pm as Life Time hosts their member advantage vendors.

As you plan your 2016 (goals, resolutions, etc.), don't forget to think about any real estate accomplishments you may want to achieve this year. Whether this is the year you're finally going to become a homeowner or you're going to take the plunge and buy that vacation home you've been yearning for, it's a good time to start real estate planning.

Some of the real estate endeavors you may want to plan for include:

Become a first time homeowner:

Yes, it seems scary but becoming a homeowner is a financially savvy decision especially in today's market. If you've been renting, you've been paying your money to a landlord, which doesn't benefit you much. However, by becoming a homeowner, your money is spent paying down your loan which will eventually come back to you when you sell your home down the road.

Buy an investment property:

If you have a substantial amount of money in the bank that you're looking to invest, you may want to see how real estate can boost your portfolio. The advantage that real estate has that savings and stocks don't is leverage. Your down payment can be leveraged into the full value of the property (with the help of a loan). Not to mention any monthly income you make from renting the home!

If you already have an investment property, you may want to consider a 1031 Exchange if you want to find a new investment.

Definition of the Month

(Helping you understand a little more about real estate each month)

1031 Exchange

Internal Revenue Code (IRC) 1031 is the exchange of like-kind properties to postpone payment of taxes on capital gains. These properties must be for business use or investment. To (over)simplify it, you basically take the money from selling an investment/business property and buy another investment/business property.

Buy a vacation home:

Maui, anyone? Or maybe Tahoe is more your scene? Wherever your ideal vacation spot is, we can help you find a qualified agent in that area so that you can receive excellent service outside the Bishop Real Estate Group's service areas. Make 2016 your vacation home year!

Move to that neighborhood you've always been in love with:

This one may take the most time because if you're looking in a certain area or for a certain floor plan, inventory will be low and listings may be few and far between. In this case, it's best to be set up on an MLS portal that you get notified as soon as a house is listed that meets your criteria.

Refinance:

Interest rates are still low although they are on the rise so if you've been toying with the idea of refinancing, you may want to get in touch with a lender sooner rather than later. And don't forget to loan shop! Different lenders offer different programs so find the one that works best for you.

Upsize/Downsize:

If you're becoming an empty nester this year or have a little one on the way, you may want to review your space needs especially if you need to sell to buy or want to time it so that you only have to move once. A real estate agent can help you with this transition, listing your home at the right time, and finding your new right-size home.

If any of these may be in your 2016 plan, contact us and we'll help you through the process or get you in touch with a lender, 1031 Exchange specialist, or out-of-area agent

2041 Sebastian Way, Roseville 95661

4 Bedrooms | 3 Bathrooms | Approx. 3,139 Sq. Ft.

Located near hospitals, shopping, dining, freeway access, and recreational activities, 2041 Sebastian Way has it all— a great location, fabulous floor plan, and amazing views! Welcome to this Stoneridge two-story that lives like a one-story with main living, master suite, and additional bedroom on the main floor, and a bonus room, two bedrooms, and ample storage including a large storage area on the lower level. The home backs to greenspace allowing for privacy and scenic views. Home has upgrades and special finishing touches throughout including granite counter tops, upgraded tile in the bathrooms, and work station. Open floor plan boasts an expansive kitchen that opens to the family room and dining area with access to the balcony that overlooks the open space. MLS# 15072674

INCREDIBLE VALUE! Offered at $584,000

MEET A TEAM MEMBER: Scott Trujillo

Scott joined the team back in October and brings a very impressive, diverse business background to the real estate market. His well-rounded experience and extensive resumé coupled with his can-do attitude has brought a new, fresh energy to the group.

Age: 53

Favorite thing about working in real estate: Seeing the faces of clients when they have found the home they want to raise their kids in.
Most important professional accomplishment: Working daily to reducing stress from the home buying/selling process for my clients.
Greatest civic accomplishment: Raised over $210,000 for March of Dimes.
Something about you that would surprise people: Once did a 7-day fast/vision quest alone on Mount Shasta.
Proudest moment: The moment my wife Caroline said yes to spending her life with me.Three adjectives that describe you: Passionate, driven, & funny.
Best advice you ever received: Those that do best in life and business are able to brush themselves off and succeed after experiencing a devastating failure.

Meet the Whole Team