Discover 3018 Camerosa Circle in Cameron Park

3018 Camerosa Circle, Cameron Park 4 bed | 3 bath 2915 SF | 11,326 SF Lot $785,000

Welcome to your new home nestled in desirable Cameron Park! At 3018 Camerosa Cirle, you’ll discover a perfect blend of comfort and convenience that truly sets the stage for California living in beautiful El Dorado County.

From the curb appeal of a peaceful court to the lovely craftsmanship and upscale upgrades of this home, be prepared to fall in love.

Let’s Step Inside

At 3018 Camerosa Circle, the living room | dining room is perfect for entertaining family and friends. Whether you’re hosting gatherings with loved ones or enjoying memorable meals, this is the perfect space to create lasting memories.

3018 Camerosa Circle, Cameron Park Living/Dining Room — Enjoy the Sunlit Living/Dining Room

With an adjacent family room, the kitchen truly serves as the heart of the home. Imagine preparing meals surrounded by sleek stainless-steel appliances and ample cabinetry, luxurious quartz countertops and pecan hardwood flooring. It’s the place where everyday activities come to life!

Retreat to the tranquility of the primary suite, located upstairs for ultimate privacy and relaxation. Here, you’ll find a spacious retreat complete with luxurious amenities, including a full ensuite bathroom and ample closet space. The secondary bedrooms are well-appointed and share a spacious hall bathroom, You’ll love the convenience of a first-floor bedroom and full bathroom!

A Backyard Full of Possibilities!

Now it’s time to step outside to discover a backyard oasis, where lush landscaping and a stamped concrete patio provide the ideal setting for outdoor entertaining and relaxation. With RV access and close proximity to schools, shopping, and amenities, this location offers the perfect blend of convenience and luxury.

Don’t wait to schedule your private tour. of 3018 Camerosa Circle. Call Margaret today! (916) 203-3765. Welcome home.

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Understanding Seller Concessions: A Win-Win

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In a real estate transaction, negotiations involve much more than the final sale price. Buyers and sellers negotiate many aspects of the sale including inspections, repairs, contingencies for loan and appraisal, and length of escrow.

What is a Seller Concession?

One aspect that can significantly impact the deal is seller concessions. These concessions, also known as seller credits or seller contributions, involve the seller agreeing to pay a portion of the buyer’s closing costs or other expenses associated with the purchase of the property. While seller concessions might seem like a loss for sellers, they can offer benefits for both parties involved in the transaction.

How Does a Seller Concession Work?

For buyers, seller concessions can provide financial relief by reducing the upfront costs associated with buying a home. Closing costs, which typically range from 2% to 5% of the purchase price, can include expenses such as loan origination fees, appraisal fees, title insurance, and prepaid property taxes and insurance. By negotiating seller concessions, buyers can offset some or all of these costs, making homeownership more accessible, especially for first-time buyers or those with limited funds for closing.

That’s not all! Seller concessions can allow buyers to preserve their cash reserves for other purposes, such as making necessary repairs or upgrades to the property after closing. This flexibility can be particularly valuable in competitive markets where buyers may need to make stronger offers to stand out among multiple bidders.

How Does this Benefit a Seller?

On the seller’s side, offering concessions can enhance the attractiveness of their property in the eyes of potential buyers. In a competitive market, where multiple properties are vying for buyers’ attention, seller concessions can help a property stand out. By including concessions in the listing, sellers signal to buyers that they are willing to work with them to facilitate the transaction, which may increase the likelihood of receiving competitive offers.

Seller concessions can speed up the sales process by encouraging hesitant buyers to proceed with their purchase. For buyers who are on the fence due to concerns about closing costs or affordability, the offer of seller concessions can provide the reassurance they need to proceed with the transaction, resulting in a faster sale for the seller.

Be Thoughtful and Strategic

Individual with notepad, notes and a book — Be Thoughtful and Strategic!

It’s important to note that while seller concessions can offer benefits for both buyers and sellers, they must be approached thoughtfully and strategically. Sellers should carefully consider the potential impact of concessions on their bottom line. Here at the Melville Group, we will work with you to determine the most advantageous terms.

What’s the Takeaway?

Seller concessions can be a valuable tool in real estate transactions, providing financial relief for buyers and enhancing the marketability of properties for sellers. By understanding the potential benefits of concessions and navigating negotiations effectively, both buyers and sellers can achieve their respective goals and enjoy a successful transaction.

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Folsom: Top 5 Reasons to Make it Your New Hometown

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Folsom is nestled in the heart of Northern California. It stands as a testament to the perfect blend of historical charm and modern convenience. I’ve had the privilege of witnessing firsthand why it is such a sought-after destination for homeowners. Let’s explore what makes this vibrant city a standout choice for those seeking a place to call home.

But First, A Brief History

Folsom’s rich history dates to the California Gold Rush era. Gold was discovered in the nearby American River in 1848. Today, remnants of its storied past can still be seen in the historic district. Charming buildings and landmarks pay homage to the city’s heritage.

Now, let’s take a look at the Top 5 Reasons to call Folsom, CA home!

One: Small Town Charm with All the Amenities!

With a population of approximately 80,000 residents, Folsom offers the perfect balance of small-town charm and urban amenities.

Two: Top-Rated Schools

Families are drawn to the area for its top-rated schools such as Vista del Lago High School, Folsom High School, and Folsom Lake College. These school provide students with exceptional educational opportunities. This makes Folsom an ideal choice for families looking to settle down and raise children.

Three: Community Spirit

One of the standout features of Folsom is its strong sense of community. Historic Folsom, for example, is a bustling hub of activity, boasting a diverse event calendar that offers something for everyone, with at least one exciting event happening every month. From vibrant farmers’ markets to concerts and captivating art walks, there’s no shortage of entertainment and cultural experiences to enjoy. Check out the Folsom Scavenger Hunt for a little fun AND learning!

Four: Outdoor recreation

The city is home to an extensive network of parks, trails, and open spaces, providing residents with ample opportunities for hiking, biking, and exploring the great outdoors. Folsom Lake State Recreation Area offers boating, fishing, and picnicking opportunities, while the American River Parkway beckons nature enthusiasts with its scenic beauty. There’s truly something for everyone!

Five: Thriving Economy and Business Scene

The vibrant economy and diverse business scene contribute to its appeal as a desirable place to live and work. The city is home to a thriving technology sector, with companies like Intel Corporation and Micron Technology Inc. providing employment opportunities for residents. Additionally, the Palladio at Broadstone—an upscale shopping and entertainment complex—offers a variety of retail, dining, and entertainment options, making it a popular destination for locals and visitors alike.

There are More Reasons, but You’ll Need to Come See for Yourself!

Folsom California offers a winning combination of historical charm, natural beauty, and modern amenities that make it an exceptional place to live. From its rich history and top-rated schools to its strong sense of community and abundance of outdoor recreational opportunities, Folsom has something to offer everyone. As a real estate broker I take pride in helping clients discover the many benefits of calling Folsom home and finding their perfect place within this thriving community.

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It’s a Great time to Sell: Spring Real Estate Market Emerges

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As El Dorado County basks in the warmth (and showers!) of spring, homeowners in the area have a unique opportunity to capitalize on the vibrant spring real estate market. While spring is traditionally seen as a prime time for buyers, it’s also an excellent season for sellers to list their homes.

Here’s why sellers in the Sacramento area should consider taking advantage of the spring market

Improved Curb Appeal: With the arrival of spring, El Dorado County and Sacramento area homes come alive with colorful blooms and lush greenery. From blossoming flowers to well-manicured lawns, properties extra charm and curb appeal during this season.

Home with spring curb appeal featuring lush lawn and flowers

By listing their homes in spring, sellers can showcase their properties in their best light, attracting more potential buyers and potentially commanding higher prices.

Increased Buyer Activity: Spring brings a surge of buyer activity to the Sacramento and El Dorado County real estate market. As the weather warms up and daylight hours extend, buyers are more motivated to explore their housing options. By listing their homes in spring, sellers can tap into this heightened demand and attract more qualified buyers eager to make a purchase.

Favorable Selling Conditions: Spring weather creates the perfect backdrop for hosting open houses and showcasing properties. With milder temperatures and longer days, sellers can present their homes in optimal conditions. This makes both the indoors and outdoors more appealing. Additionally, the area’s scenic beauty shines during spring. Buyers can enjoy a glimpse of the region’s natural allure.

Competitive Pricing: With increased buyer demand and limited inventory, sellers in the Sacramento and El Dorado County areas have the opportunity to price their homes competitively in the spring real estate market. Multiple offers and bidding wars are more common in the spring market. This may allow sellers to sell their homes above asking price and maximize their returns on investment.

Timing for Families: Spring is an ideal time for families with children to make a move. By listing their homes in spring, sellers can cater to this demographic. Families can settle into a new home before the start of the next school year. This strategic timing can attract more motivated buyers and expedite the selling process.

spring real estate market School children sitting on a wall

Professional Support: Sellers can benefit from the expertise and guidance of The Melville Group. With our comprehensive marketing strategies and personalized approach, we can help sellers navigate the spring market with confidence. Together we can achieve your selling goals.

The Takeaway

Spring presents a golden opportunity for sellers in the Sacramento and El Dorado County areas to list their homes and capitalize on the favorable conditions of the season. By embracing the spring market, sellers can showcase their properties to a wide pool of buyers and achieve successful outcomes.

If you’re considering selling your home this spring or beyond, contact The Melville Group today to learn how we can assist you every step of the way.

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How to Sell a House in 25 Days

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How to sell a house: For 44 years, the owners cherished and enjoyed their home. When it came time to sell, it definitely needed a more modern touch. With dark green carpeting, peach-colored walls, and outdated wallpaper, the house needed a transformation.

How to Sell a House: The Transformation Begins

The first step was a deep clean to showcase the home’s potential. Then, working with a talented home stager, we refreshed the space with modern decor, making even awkward areas functional and highlighting stunning views.

Before
After
Before
After

Professional photography and a captivating video flying over the nearby American River brought the home’s beauty to life online.

Drone Photo of American River — Drone River View

Before listing, we conducted a pest inspection and compiled a list of major improvements, emphasizing the home’s impeccable maintenance. Every showing agent and prospective buyer received a detailed list of the home’s major improvements over the years, emphasizing its exceptional care.

How to Sell a House: The Marketing Strategy

The marketing strategy leveraged both online and offline channels to maximize exposure. Social media campaigns targeted Bay Area buyers, while networking efforts with local agents and direct mail postcards to neighbors increased the property’s visibility.

We hosted six successful open houses, ultimately selling the home during one of these events. Additionally, we ensured the seller’s satisfaction by negotiating favorable terms and providing clear communication throughout the process.

The results speak for themself: this home found its perfect match in just 25 days, setting a new standard for success in the neighborhood. Notably, a similar property nearby failed to sell and was withdrawn from the market.

The success extended beyond the transaction itself, as evidenced by the seller’s glowing Google review expressing complete satisfaction with the process.

The Takeaway

This success story underscores the power of strategic planning, effective marketing, and expert negotiation in the real estate market. It takes collaboration, creativity, and commitment to unlock the full potential of a property and deliver amazing results for clients.

We are ready to help you achieve your real estate goals!

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St. Patrick’s Day Fun: Paint the Town Green!

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Get ready to paint the town green because St. Patrick’s Day is almost here, and the Sacramento area is gearing up for some fantastic celebrations. Whether you’ve got Irish roots or not, it’s time to embrace the Luck O’ the Irish!

Annual St. Patrick’s Day Parade & Festival at Old Sacramento Waterfront

On Saturday, March 16th, the festivities kick off at 12:00pm and last until 5:00pm, with the St. Patrick’s Day parade starting at 1:00pm. Be prepared for a day filled with live musical entertainment, outdoor beer gardens, and the chance to spot mischievous leprechauns hiding throughout the historic district. It’s an event you won’t want to miss!

Feeling lucky? Participate in the Leprechaun Hunt! Pick up activity pages at the Sacramento Visitor’s Center or download them in advance to search for hidden leprechauns scattered throughout the district. Solve the riddles, find the leprechauns, and email the secret message by March 18th for a chance to win exciting prizes!

Learn more here.

After the festivities, why not enjoy a nice “green” hike?

Explore the Lake Natoma American River loop trail near Folsom, California, known for its scenic beauty and suitability for all skill levels. Whether you’re into fishing, hiking, or horseback riding, this trail has something for everyone.

Looking for something tasty at the end of the day?

Before you head out for Irish fun, whip up a delicious corned beef and cabbage crockpot dinner! It’s quick, easy, and sure to impress. Cheers to a memorable St. Patrick’s Day celebration in Folsom!

Check out the recipe!

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Common First-Time Home Buyer Mistakes

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First-time home buyer mistakes can be avoided! The journey of buying your first home can be both exhilarating and overwhelming. The stakes are high, and the process can leave you with a mix of elation and exhaustion. Whether you’re a novice house hunter or returning to the market after a hiatus, it’s possible to steer clear of potential pitfalls.

Understanding the basics of homebuying, financing, and knowing the right questions to ask can make a significant difference. Let’s take a look at three common first-time home buyer mistakes and how to avoid them.

Looking for a Home Before Applying for a Mortgage

It’s a common mistake to start touring homes before consulting a mortgage lender. In today’s competitive market, where demand often surpasses supply, having a mortgage preapproval is essential. Sellers are unlikely to take an offer seriously without it, particularly when faced with multiple offers. Obtaining a fully underwritten preapproval demonstrates your seriousness as a buyer and ensures your credit and finances align for a successful loan application.

What to do instead: Before falling in love with a dream home, secure a fully underwritten preapproval. It not only strengthens your offer but also gives you a clear understanding of costs and minimizes concerns about rising interest rates.

Fixating on the House Over the Neighborhood

While finding a home that meets your wish list is important, fixating solely on the property’s aesthetics can be shortsighted. Prioritize your community preferences, research school ratings, commute times, and other factors. Visit the neighborhood at different times to assess traffic flow and overall appeal.

What to do instead: Settle on your priorities in a community and conduct thorough research to ensure it aligns with your needs and preferences.

Waiting for the ‘Unicorn’

Searching for the perfect home that ticks every box can be a common pitfall. Waiting for a mythical “unicorn” home can limit your options, lead to overpayment, and prolong your home search.

What to do instead: Keep an open mind, be willing to invest some sweat equity, and consider loan programs that allow financing for repairs and renovations.

The Takeaway

Navigating the homebuying journey with awareness and strategic decision-making can help you avoid these common first-time homebuyer mistakes and lead to a smoother and more satisfying experience. At the Melville Group, we are experienced with first-time home buyers and we would love to help you navigate the exciting process.

Click here for more tips. Happy house hunting!

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Is Now the “Sweet Spot” to Sell Your House?

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The Answer is Yes!

If you’re contemplating whether it’s the sweet spot moment to sell your house, the short answer is a resounding yes. To understand why, take a glance at the current housing market inventory to find two compelling reasons.

According to an insightful article by Calculated Risk, the current data reveals a notable increase of 15.6% in homes for sale compared to the same week last year. This indicates a growth in inventory. Following national trends, El Dorado County saw a 20% increase in the number of homes for sale in January.

However, when we look back to 2019, the last normal year in the housing market, a stark reality surfaces – there are still nearly 40% fewer homes available today. This striking contrast underscores the favorable conditions for sellers in the current real estate landscape.

Here’s a breakdown of how this benefits you when you sell:

More Options for Your Move

Are you thinking about selling because your current house is too big, too small, or because your needs have changed? If so, the year-over-year growth gives you more options for your home search. That means it may be less of a challenge to find what you’re looking for. If you were holding off on selling because you were worried you wouldn’t find a home you like, this may be just the good news you needed. Let’s examine the current inventory to get a feel for options available in your desired areas.

Limited Competition

Despite the increase in homes for sale, the current numbers still fall short of those in a normal year. The data from Calculated Risk reveals a nearly 40% deficit compared to 2019, and this gap won’t be bridged overnight. While the number of homes for sale is improving, it still has a long way to go to reach pre-pandemic levels. With the right pricing strategy, your house should attract considerable attention from eager buyers, potentially leading to a faster sale.

Bottom Line

If you’re a homeowner looking to sell, now’s the sweet spot. You’ll have more options when buying your next home, and there’s still not a ton of competition from other sellers. If you’re ready to move, talk to a local real estate agent to get the ball rolling.

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Home Trends Buyers Love

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What are the latest home trends that are must-haves for today’s buyers? Are you curious about the features that make a home truly stand out? The National Association of Home Builders (NAHB) embarked on a survey in 2020, exploring the evolving preferences in the wake of the COVID-19 pandemic. As homes transformed into multifunctional spaces serving as offices, gyms, and schools, the survey aimed to uncover how these changes influenced homebuyers’ priorities.

Check Out These Popular Home Trends

Overall Features: Among the multitude of potential features, the top twelve home trends that received the most favorable responses include a dedicated laundry room, exterior lighting, ceiling fans, ENERGY STAR rated windows and appliances, a patio, side-by-side kitchen sinks, a walk-in pantry, a charming front porch, and hardwood floors in the main living area. These features not only enhance daily living but also contribute to energy efficiency.

Kitchen Features: When it comes to home trends in the heart of the home – the kitchen, respondents prioritized side-by-side kitchen sinks, a walk-in pantry, table space for eating, a central island, and drinking water filtration. While some of these features might require remodeling, others, like water filtration, can be easily integrated.

Specialty Rooms: The survey highlighted the desirability of specialty rooms such as a dedicated laundry room, dining room, great room, home office, and a separate living room. Converting existing spaces to meet these needs can be an efficient way to create a home that aligns with current preferences.

Outdoor Features: For those who cherish outdoor living, the top five features included exterior lighting, a patio, front porch, rear porch, and a deck. Adding a porch or deck can enhance the appeal of your home, with potential for a high return on investment.

Green Features: With an increasing focus on sustainability, home trends such as ENERGY STAR-rated features, including windows, appliances, and an overall home rating, ranked high among respondents. While some improvements, like energy-efficient windows, are relatively straightforward, an overall ENERGY STAR rating for the entire home represents a comprehensive commitment to green living.

What’s the takeaway?

Whether you are embarking on a home buying journey or contemplating renovations, understanding these trends can guide you toward creating a space that not only meets your needs but also appeals to future buyers.

At The Melville Group, we’re here to assist you in finding the best mortgage options and turning your homeownership dreams into reality.

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Margaret Melville, 2023 EDCAR Top Achiever!

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Margaret has done it again!

The real estate market can be unpredictable. Standing out as a top achiever is a testament to skill, dedication, and commitment. Margaret Melville has not only weathered the challenges of the last year, but has excelled, earning the prestigious title of EDCAR Top Achiever (El Dorado County Association of Realtors)—sixteen years and counting!

What does it take to be an EDCAR Top Achiever?

What makes Margaret’s achievement truly exceptional? She has accomplished this milestone for an impressive 16 years in a row! This level of consistent excellence speaks volumes about her work ethic and the enduring trust she has garnered from her clients.

A photo of the rolling hilles of El Dorado County where Margaret is a 2023 EDCAR Top Achiever — Beautiful El Dorado County, California

Margaret is always looking to the future!

As we congratulate Margaret Melville for her outstanding achievements in 2023, we also celebrate the impact she has made on the lives of those she has served. Here’s to continued success, growth, and making dreams come true in the realm of real estate. Congratulations, Margaret, on this well-deserved recognition! We can’t wait for 2024.

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