Should I buy or sell first in Rocklin?

There isn't one right order. Buying first improves your chance at the home you want but can mean carrying two payments. Selling first gives you a clearer budget and less financial risk but may require a rent-back or temporary move. Decide how much risk you can carry, then let your sale price, cash, financing and timing pick the order.

Can I qualify for a new mortgage before my Rocklin home sells?

Under Fannie Mae's Selling Guide, if your current home is pending sale but will not close first, the lender must qualify you with both payments. The current payment can be left out once the lender has your executed sales contract and confirmation that any financing contingencies are cleared. Ask your lender how they apply this.

How long can I rent back my Rocklin home after I sell?

In Rocklin this fall, 30 to 60 day rent-backs are a reasonable range, and 30 days is usually easier for a buyer to accept. Under 30 days, C.A.R.'s SIP form treats it as a license. At 30 days or more, C.A.R. uses its Residential Lease After Sale, which creates a landlord and tenant relationship.

Does buying before selling affect my Prop 19 tax base transfer?

It can. The Board of Equalization applies a 100% value test if you buy the replacement before selling, 105% in the first year after the sale, and 110% in the second. Buying first also means paying tax on the new home's full value until the old one sells, with no refund for that period.

What should I look for in a Rocklin CA realtor for buying and selling simultaneously?

Look for someone who builds one plan across both transactions: pricing your current home from closed sales, confirming with your lender how both payments will be counted, structuring the rent-back on the right C.A.R. form, and checking Prop 19 timing if you qualify. Ask how they line up the dates on both sides.

1120 Sierra Oaks Drive – Sold in Colfax | Parris Krygsman, REALTOR®

Name: Parris Krygsman – Coldwell Banker Realty
Address: 2200 Douglas Blvd., Ste. B200, Roseville, CA, 95661, US
Telephone: (530) 798-3400
Price range: $$$$

Lot 22 - Discover the perfect canvas for your dream home in the heart of Colfax, nestled within the serene Sierra Foothills. This vacant land for sale offers a unique opportunity in the prestigious Sierra Oaks development, a small and exclusive community designed w/ active individuals in mind. Spanning across a picturesque landscape, property provides the ideal setting for those seeking a harmonious blend of natural beauty & modern convenience. One of the standout features is its gated community, providing an added layer of security and tranquility. Surrounded by lush trees & breathtaking views, you'll find yourself immersed in the serenity of nature. This property also offers close proximity to essential services, water meter installed, and sewer connection fees paid. Additionally, for those seeking outdoor adventures, Lake Tahoe is just a short hop away, offering year-round recreational opportunities, from skiing in the winter to hiking and water activities in the summer.

0.37 Acres lot

Parris Krygsman

title Luxury Agent
PHONE (530) 798-3400
EMAIL [email protected]
DRE # DRE# 01122830

Features & Amenities

Area & Lot

Status Sold
Date Sold May 24, 2024
Lot Area0.37 Acres
MLS® ID224007059
TypeLand
View DescriptionTrees/Woods, Forest, Hills, Mountain(s)
School DistrictPlacer

Exterior

utilitiesCable Available, Natural Gas Not Available
lot featuresSloped

Financial

Sales Price$111,111
HOA $255/mo
Zoning RES

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We pride ourselves on offering a unique real estate experience and value proposition to our clients: We listen to our clients’ needs, and we respond promptly. We really feel successful when our clients are happy as meeting their needs is our first priority.

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Contact Details

Parris Krygsman | CA DRE# 01122830

Phone

(530) 798-3400

[email protected]

Address

2200 Douglas Blvd, Ste B200 Roseville CA 95661

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