San Francisco Style Eatery in El Dorado Hills

This San Francisco Style eatery, is a "Premium" deli cafe'-and if I were to judge by the crowd at lunch time today, I'd have to say, that is definitely true! Located on the back side of The Town Center-next to Target.

4390 Town Center Blvd suite 140 Phone: 916-941-9150 This is one place, you just have to check out! Your taste buds will love you for it!

Another truth...If you haven't enjoyed a slice of san Francisco sourdough bread...you are really missing out.

Stop by and visit us at Connect Realty, and we will give you a map for around town.

Resident Specialist-Wendi-Mae Davis, CRS, GRI, Broker Associate Connect Realty, Real Estate Counselor, Director of the California Association of Realtors. Call us at Toll Free 866-333-6333 or 916-616-0874; email: wendimae@wendimae.com You may also want to check out our website at: HTTP://www.wendimae.com We look forward to assisting you in your quest!

Changing the outlook of El Dorado Counties near future

OVER 55? CALIFORNIA PROPERTY TAX RELIEF Since its passage, Proposition 13 prohibits property tax increases until property ownership is changed. If either spouse is over age 55 (when the old home is sold), PROP 60 allows replacement of a primary residence with a new home of equal or lesser value (but see below) within the same county and transfer of the Prop 13 assessed valuation from the old home to the new property. This is allowed once in your lifetime, and a spouse who has done it before 'taints' both spouses. PROP 90 allows counties to elect to accept transfers of Prop 13 values for moves from other counties when a primary residence is replaced with a less expensive (but see below) home. If you are over 55 and move into a county which accepts Prop 90, you may take your old, lower Prop 13 value, regardless of from which county you move. Using Prop 90, you can sell your $400,000 San Francisco home [assessed value $80,000] and move to a new $300,000 home in San Mateo; the new San Mateo assessed value will be $80,000!
7 COUNTIES WHICH ACCEPT PROP 90 (Current as of 6/1/2008) Alameda, Los Angeles, Orange, San Diego, San Mateo, Santa Clara, and Ventura. [Contra Costa, Inyo, Kern, Riverside, Modoc, Monterey, and Marin have dropped out of the Prop 90 program.] Props 60 and 90 apply if you "trade down" (i.e. the new home costs less than the sales price of the old home). > If you buy New Home 1st; then sell the Old Home, you must go down in price. > If you sell the Old Home1st; then buy the New Home: In 1st 365 days after the sale of Old Home, you may go up 5% in the purchase price of New Home. If you buy New Home more than 1 year from the sale of Old Home, but less than 2 years, you may go up 10%. Some buyers can pay the commission outside of escrow to lower to sales price. Example: I sold for $100,000 and then want to buy next week for $120,000. The seller will owe a commission of $7,200. The seller will owe $2,800 of other expenses I sold 1st so I must buy for no more than $105,000. If I pay the seller's expenses of $10,000, the price is down to $110,000. Hmm. If I buy the stove, refrigerator, and lawn furniture for $6,000, it looks like I qualify. WARNING: I do not suggest this is a valid idea. Our Board of Supervisors will take this to vote in January of 2010-likely to be in affect immediately thereafter, or by February, as our sources have been told. This will change the outlook in our County in a very positive way.When real estate prices began to fall and property owners began their requests for reassessments-of course to lower values-this of course resulted in lower tax revenues to the County. How does EDC put a stop to the continued reduction of RE values/revenue? Prop 90 is just the answer.

For any and all information on Real Estate in El Dorado Hills, and in El Dorado County proper-contact your resident Realtor and real estate Counselor, Wendi-Mae Davis
Toll free 866-333-6333 or
wendimae@wendimae.com and you may want to check out her personal website at http://www.wendimae.com/ Let's talk!

Protecting El Dorado Hills Investors and their Investments-when is it the right time to refinance?

Should I lock in a low rate now or should I wait?
1. Wall Street has had zero money to lend for over a year, as investors & countries have zero appetite or tolerance to invest money into securitized mortgage notes that continues to have high default rates or declining value
2. It was the US government that was printing new US dollars and giving it to Fannie Mae, Freddie Mac and FHA so the market has money to lend
3. Banks are ONLY able to lend to you if they can sell your loan to Fannie Mae, Freddie Mac and FHA and then replenish their up front cash
4. Banks that have taken TARP funds signifies they previously had no liquid funds to lend, just toxic mortgage debt on their books
5. The US Government had taken over bankrupted Fannie and Freddie's $5.0 Trillion failed institutions and had printed additional $1.2 Trillion to keep today's mortgage rates low....
6. Divide $1.2 Trillion by 350 Million US citizen, this means it will cost = $3,400 for each one in your family this year today in taxes to pay off this expense.... what about the expense to institutionalize Freddie, Fannie and FHA, what about the money spent to bail out Wall Street, what about the $8,000 tax credit, what about the cash for clunkers, etc. Do you want to pay more taxes every year for all the government bailout? Do you still want a lower mortgage rate at your own expense?
7. Did you know that the US Government can not spend a penny unless they Tax you to get the money, borrow it and pay interest or print it.... and printing dollars deflates the value of US dollars and creates inflation (Economics 101)
8. US Citizens and foreign countries will eventually revolt and tell the US Government to stop printing money and to stop depreciating the Dollars to avoid taxes and inflation.
9. If you can get a 30 yr interest rate between 5.0% - 5.5%, lock it in, low interest rates will not last forever If you can get a 15 yr interest rate between 4.5% - 5.0%, lock it in, cheap interest rates like this when there's no money in the market will not last forever 10. Foreign countries used to love to purchase US bonds and mortgage backed securities, did you know that this week, instead of buying 27 tons like last month, India bought 200 tons of the world's gold reserves in anticipation of major world volatility this month ... China has been on the same track and will not be out done by India; why don't they want to purchase US Bonds, aren't US Bonds better than Gold?... at the same time US and England continue to print money everyday only to prop up their failed banks with tax payer's future dollars and have been very slow with any new job creation to stimulate REAL, long lasting growth What if the Federal Reserves stops buying mortgage back securities today ... who will buy our mortgage note to drive interest rates lower ... no oneIf you are looking for a lower mortgage payment, I would lock down an interest rates ASAP and take the bird in the hand. When the People and foreign nations say to Congress and Feds to stop printing money or we don't want to buy US Bonds, or OPEC Oil Cartel wants to create a new currency of trade and don't want to peg exchange rates to US Dollars, interest rate will continue to go up. For Counseling on any area of Real Estate-contact your neighborhood specialist-
Wend-Mae Davis, CRS, GRI, Broker associate and real estate counselor for Connect Realty.
Toll Free 866-333-6333, or check out her personal website at: http://www.wendimae.com/ and you can also email her at wendimae@wendimae.com