My Haunted House – A True Story…

It’s been decades now, but every Halloween I think about my parents’ restaurant. Situated in an original antebellum home on Stage Road – in the middle of nowhere – Virginia. Boy was she a majestic place. I will never forget the first time I set eyes on her. The gingerbread trim, the bright red brick exterior – she was as beautiful as she was haunted.  

Yes, you heard it right – haunted. Traditional white pillars supported the upstairs overlook. Trimmed for Christmas the ol’ house never looked better. Dating back to the 1800s, with old rooted trees, lush lawns, and white picket fences – a vision of Christmas. A wreath at each window, framed in twinkling white lights – t’was a magical scene. Our new family home in the snow. So far away from all we knew. My folks were so ready to start their new lives back East.

Back then we knew nothing about the home not even a fraction of its history. Just that she was a registered haunted house. But thanks to the Internet and the new owner’s book – now I can share some of the photos and information I’ve recently uncovered.

THE HISTORY 

In 1835, Dr. Nickerson Snead and his wife Betsy Scott-Beatie-Sneed built their dream home on Stage Road, then Old Stage Road, The Great Road, or The Great Wagon Road, now just Route 11 / Lee Highway. With soft rolling hills and an easy trail – the Sneads felt this was the spot. Many people did. This particular road was traversed for ages – long before the Snead Family ever set foot on this land. 

The Native Americans in the area called it The Great Warrior Path. Using the area as a trade route in times of peace and a traveling route in times of war. The tribes called it – Passawatami – meaning “This is The Place.” In fact – it was the place for their Fall Festival – or as we celebrate it now – Halloween, Dia de Los Muertos, and the Equinox – how apropos as I pen this tale. I still recall the gentle slope down to the road and the forest on the fringe.

The two-story brick masterpiece itself was built on top of the original log cabin, established in the 1700’s by Francis Kincannon. That land has seen hundreds of years of history. The original two-room cabin served as a Fort – known as Fort Kincannon during the French and Indian War (1754-1763) and Revolutionary War (1775-1783). When I read this my jaw dropped. My family’s history is intertwined with a house that was built before our country was founded. Furthermore, during the Civil War. Dr. Snead’s home served as a field hospital; on account of the 1st and 2nd Battle of Saltville that occurred just 8 miles away in 1864. The cellar doubled as the morgue for a spell. The less fortunate were stored down there until the earth thawed enough to bury the dead. Coincidentally, just down the road is the Old Glade Springs Cemetery where many a solider and the homeowners, Dr. and Mrs. Snead reside to this day. 

The home is said to be haunted by various spirits. Young children presumed to be Josephine and Douglas Mason both died young in the home. Josephine from an onslaught of disease and Douglas from a kick to the head by a horse, where the little boy died on the back steps waiting for the doctor to arrive. There are two devious little pranksters in the old log rooms, suspected to be two of the 11 slaves who were part of the estate. But the most famous of them all is Betsy Scott herself, known as the Woman in Blue who is said to walk the corridors and purposely ignore the patrons of the Bed & Breakfast / Restaurant and walk away if ever addressed. It became a problem. The complaints were consistent and the real hostess always apologized and explained no one by that description worked there. Can you imagine if Yelp existed back then? Or maybe it’s Mrs. Mason, who bought the home from the Sneads and upon her death requested her wake to be held in the salon; and so it was. She’s been said to be seen looking into her own coffin from time to time while dinner is served. 

So here I am, drinking in the history of this house and looking back at my own time there and some odd coincidences started to line up.

The first was very distinct as it was a well-heated argument between a mother and her teenage daughter… over a video tape recorder – the battery to be exact. My mom called me furious that I hadn’t charged the battery for the tape recorder before their trip. I did. The whole thing was working just fine. Mom took a little video of the first floor but the machine stopped working as soon as they headed down into the basement – aka the original log cabin. The tape is long lost now, but I still recall the video of my mom descending into the basement, a ‘Watch Your Head’ sign the last thing the tape caught. By the time she got downstairs, the camera was dead. She would try again, of course, recharging the battery and it would just drain. 

This modern technology was frosting her cookies and me being on the opposite coast – I was little help to her. Frustrated they purchased new batteries and chargers hoping to catch enough video. Sadly, none of the batteries ever held a charge while in the home. 

When I came out to visit for the first time, it was Christmas break. After a bounce on a puddle jumper and the longest drive from the airport ever, I saw my first snowfall and driving up the driveway – the most enchanting home I’ve ever called home, if only for a spell. It twinkled in the snow light and wow – are looks deceiving. 

Yes it was an ancient residence, and yes, it was made of stone. But man was that place cold. Always cold, even if every fireplace in the joint was blazing. In particular, the Long Room on the second floor which was my dad’s office. That place never got warm. I mean, you could see your breath in there.

Looking back I have to laugh – we Californias had no idea what we were in for, so there we sat with our mittens. I’m grateful for that memory because I can still hear my dad’s laugh when his tea from the prior morning was frozen solid in the cup.

The next memorable space was the Red Room. Situated on the 2nd floor at the heart of the home; it had its own entrance while still connected to the main house – making it the perfect living quarters while the bustling restaurant downstairs filled the various salons and hallways.

Because of its separate entrance, the Red Room was most likely the doctor’s office and perhaps the operating area; making the little house on the lawn a field office, nurse’s station, or the Post Office as Dr. Snead was the Postmaster for three years. When I came across a photo of the home today, it was of the Red Room and the exact corner and door that I entered years ago. The empty corner of the photo was replaced in my memory with our Christmas Tree and the hollow room filled with the people I love. It’s funny, looking back, the first time I saw this home it was an enchanting Christmas fairytale and when I see it now it is a Halloween House of Horrors. Strange how life works out – isn’t it?

I remember my cat sitting on the huge window sill of the Red Room looking out at the white barn next door; two brown horses neighing on the snow-patched grass. I remember the Christmas lights dancing off the ice on the glass. I remember how tense and terrified my cat was but it didn’t occur to me as to why. I remember seeing the cemetery from the second-floor window and the fog that clung to each gravestone. At the time I didn’t know the former residences now resided there – but I’ll never forget that view. 

I stumbled upon a story and the hairs on my neck rose. Patrons of the restaurant complained about this rude lady dressed in blue, who would blatantly ignore them when addressed. It reminded me of a conversation with my father; who was having trouble finding a polite hostess because they were constantly being complained about and in a small town he was running out of options. When I read the accounts on this site, well I just got chills again typing this. Perhaps the complicated employee was the legendary Blue Lady herself, Betsy – the original heiress. 

I remember the beautiful dining rooms in the salons and the breathtaking views from each window. The light hitting the porch as the snow glittered around us. I remember sledding down the soft bank out back on huge waiter trays. I remember sitting on the upstairs covered porch and watching the snow fall through the tiny window panes. Out back, if little Douglas haunted that spot, he was quiet that night. I remember the Christmas breakfast by the fireplace, the hot cocoa, the gift-giving, the love, and the ghost hunting…

But what really gets me is the Christmas Eve I spent in that old haunt. Booked with a full house we spent the day prepping for dinner service. The sun was shining it was a beauitufl day – till it wasn’t. The sky turned gray and the radio buzzed about a pending blizzard. It cleared out joint; leaving all but me, my folks, and good ole’ Billy. Billy came with the building. Knew that place inside and out. He’d become my dad’s right hand man. Sous Chef, waiter, maitre’d. When we met, it didn’t phaze me that we didn’t shake hands. But now – I am suspect.

The owners simply kept him on, so my Dad did too. He was fairly young, rather handsome, and popped up everywhere. He was the house’s go-to man. The day we met, he was awkward and hardly kept your stare; a goofy smile, but kind, helpful and full of energy. With the whole place to ourselves and nothing to do – Billy took us on a ghost hunt. We started on the first floor. Going from salon to salon, these tiny little rooms now the dinning areas. We headed up the stairs, they creaked with every step. Wandering room to room, freezing cold, heart pounding you could feel eyes on us – but nothing manifested. Just the cold crawling up your leg. We even ventured up into the attic but I didn’t stay long, the lightbulb hanging by a thread from the ceiling barely cast a glow. I could feel the vastness in the darkness – the entire house sprawling before us, sheets covering old furnishing, broken beds, chairs and you know what – I don’t know what else because I was shivering, scared to death, and over the sheer darkness all around me.

I headed downstairs into the old kitchen. With wooden shelves and metal mugs hanging from the hearth of an unlit fire. About five feet over from that was the hatch that went to the basement. When I realized where I was I was paralyzed with fear. I couldn’t move, I couldn’t speak, I just started at that hatch, recalling the video Mom sent as she walked down there. My heart was racing, and my breath swirling around me. Finally, Billy showed up and broke my trance. Together we headed outside.

Out front was a tiny brick house, the field office for wounded soldiers taking the Great Warrior Path back from their battle at Saltville. Wounded. Busted up. Dead. They all made it through that tiny brick house out front. The door swollen with years of weather – Billy managed to wrestle it open. It took some effort – we stepped into the room, dirt floor, one window. Small, crammped, it felt loud and I didn’t want to stay there anymore. 

Looking back, I’d never felt this sort of cold – not really accustomed to snow. I was wrapped in layers of clothes, scarves, jacket, and mittens; while Billy wore just a sweater. I was shivering and he was giggling. My breath turned into ice before my eyes and his… his breath – come to think of it – didn’t make ice crystals. 

SLAM!

The door to the little office slammed shut like it was light as a feather. I screamed like I’ve never screamed before, terrified. Billy was quick on his feet and managed to get the door open quickly, as my dad ran down from the house through the snow. 

All these years I assumed it was my dad who slammed the door closed, playing a trick on us – but now I’m not so sure. I will always remember that magical Christmas Eve night fondly. I thought we didn’t find any evidence of a ghost – but maybe – just maybe we were hosted by one. 

After all, many a wayward soldier met his untimely end in that old house… and I bet they miss the company. 

* * *

That mansion has seen a lot in 183+ years and I’m grateful that for the time it was ours as it was pure magic. I take solace in knowing two immigrants striving for the American dream lived in a historic home with roots so deep they precede our nation’s birth. We danced in those hallways. Laughed in those rooms. Cozied up by those fireplaces. Us and 183+ years of souls. I would be lying if that moment in time didn’t shape the woman I am today – and the foundation as to why I became a Realtor. A house is a home, a home to all that love there.

Thank you for taking the time to read my tale I only dare think about during Spooky Season.

Bibliography

The following amazing sites are where I gathered the information and photos for this article.

Caudill, Rhonda, L.  The History & The Hauntings of The Nickerson Sneed House: Rhonda L. Caudill, 2017.  Print.

Photos from: https://www.facebook.com/149408365269387/photos/pb.149408365269387.-2207520000.1447724941./156738294536394/?type=3&theater

https://thenickersonsneadhouse.wordpress.com

https://www.youtube.com/watch?v=FvSuqdYE3RQ

http://www.marionvaparanormal.com/nshm.html

http://www.ramblingroots.com/RYB-p/e932.htm

http://www.ramblingroots.com/RYB-p/p2756.htm

http://www.ramblingroots.com/RYB-p/p2660.htm

http://www.ramblingroots.com/RYB-p/p6828.htm

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A Cinderella Story – Michael and Two Condos

A Cinderella Story – Michael and Two Condos

With 25+ years of combined Real Estate experience, The Caton Team is blessed with working with our clients one home after the other.

When Michael bought his first condo with Susan years ago – it was only natural for him to call her again now that he was ready to buy his next home.  By now Susan & I had teamed up and I had the joy of working with Michael as well.

Such a professional and patient gentlemen, we started our journey early in 2013.  Faced with limited inventory and competition we took our time to find choice properties and enjoyed finding the right condo complexes that would fit his lifestyle.

Finally on a sunny Tuesday we found a great 2-bedroom 2-bath condo in San Mateo.  It was a short sale but we were up for the task.  Offer in, up against three other offers – we were so happy to let him know his offer was accepted.

Then the wait begins.  For a short sale, the seller has a long to-do list.  Great clients do what they need to do to get a short sale approved.  Other types of people brush their responsibility off.   We knew short sales take time to get approved.  We knew short sales are a LOT of work. Each week we checked in with the seller’s agent and received short and useless updates.  We grew suspicious and Susan hit the Internet to do some investigating.  Much to our surprise, the unit was set for foreclosure auction the following day!  Quickly The Caton Team reached out to the seller’s agent to implore the urgency of a true update.  Sadly, not all Realtors are created equal and this particular agent brushed us off again.  We did all we could do as the buyer’s Realtor and the following day, with baited breath, we watched the auction site to see if it would be postponed.  Right before our eyes the unit was sold at auction.  When we called the sellers agent to get a handle on this situation – she kindly hung up the phone.

Without missing a beat Susan called Michael and we hit the ground running looking for a new home.  It didn’t take long, another unit, very similar to the one we just lost, was for sale – but they were taking offers the following day!

Michael is a trooper; he met Susan at the home the next morning, saw it, wrote the offer and submitted by the deadline.  By that evening we had the joy of telling him is offer was accepted!  Within less than 24 hours we went from bad news to fantastic news.

It ain’t over till it’s over though – that is a fact.  As the escrow proceeded we had a hiccup – the unit did not appraise for our offer price….which was less than the last sale of an identical unit.   When interest rates went up – the market had turned from a sellers market early in the year to a different market in a matter of weeks.  The appraiser was cautious – and we can’t blame him for being prudent.  No one wants another bust!  Thankfully both the listing agent and the sellers understood the situation and we were able to re-negotiate a win/win deal that evening.

The best feeling in the world is handing over the keys.  Though it was a long and bumpy ride, The Caton Team was able to get our client a better home and in the end Michael is happy – and that makes everything worthwhile.

How can The Caton Team help you?

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Thanks for reading – Sabrina

The Reality of Real Estate Reality TV – by Sabrina Caton

The Reality of Real Estate Reality TV

Aside from my passion in real estate, I love writing and learning about movie and TV production.  A while back, a high-school friend of mine, Robin, was on one of the popular Real Estate Reality shows that so many of us are addicted too.  As soon as I finished her episode I was online asking her questions about her experience and how it all worked out.

The truth behind “real estate reality” TV was as enlightening as it was awesome.  Why?  Because the truth set me free!  It confirmed it’s an entertainment show and not a true reflection on how buying a home really works.

Robin told me the episode is shot backwards.  They had already purchased their condo, they had spent plenty of weekdays and weekends house-hunting with their agent and doing the real work.  However, after they closed escrow on their new home, the production of the show started.  They walked through their future home and pretended to shop it.  Then the producers found two other properties, ones they may or may not have seen prior to buying and they walked through those too – pretending to pick it apart or discuss their likes and dislikes.

Then at the end of the show, they reveal which unit they bought and it’s all smiles and a shot of signing a one-page contract.  So not a true picture of what it takes to buy a home!

The relief spilled over me.  Of course, I knew these shows were for entertainment.  Going on 10 years as a Realtor myself, I’ve rarely showed a home, drew up a contract, got the contract accepted and closed escrow in 30 minutes, minus the commercial spots.  But the people, the real buyers, are watching the show and not thinking about it as entertainment as much as following a buyer’s journey.

That’s where the hard part starts for us Realtors!  Get a new client in the car, ready to show some homes and they tell you – we only want to do this for about a month. Scrape my jaw off the floor and break the truth to them.  In today’s real estate market, at least here on the SF Peninsula – you’ll be house hunting for months!  Some people can handle it some cannot.  I guess it’s one of those moments where you separate the men from the boys.

So I thought I would write a blog about it and share my ‘Ah-Ha’ moment.  Because we, (myself included before I became a licensed Realtor), would sit down and enjoy these shows and in the back of our minds we believed it was that easy.

In the last year or so, the SF Peninsula has switched from a buyers market, with plenty of inventory in various price ranges and condition, to a sellers market, with limited inventory and even the trashy properties receiving multiple offers and over bidding.

Real estate, as all things are, is cyclical.  What goes up, goes down, then up again.  That’s when I remind my buying clients that life is not like those TV shows, not even close to the ones branded as Reality TV.  If you truly want to own a piece of the Silicon Valley, it is going to take work, patience, and flexibility.  And the view from my drivers seat is fantastic.  There are opportunities out there for each buyer, they just have to open their eyes and their mind – and drop the ‘reality’ from those TV shows.

So get off the couch and in my car – we’ll take you on a real Real Estate journey – just a bit longer than 30 minutes.

Thanks for reading!  Sabrina
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25% of Consumers Have Errors on Credit Report – I WAS DECEASED! Great article – had to share!

When I came across this article I had to share it.  I also have to laugh – when my husband and I bought our first home and our credit was run – it came back that I was deceased!!!!  What really made me laugh though was that all my payments – from the grave  – were on time!  Since you cannot get a mortgage if you are not breathing, I called my bank and corrected their error; within a month my credit report stated I was alive again.  Sadly, we went through this again when we bought a car a few years later.  This time my husband wad deceased.  Instead of friendly help from our credit union, they hung up the phone and said they couldn’t help us.  So my husband went to a notary who certified that the man before him, was alive and well and with that notarized document we were able to correct his credit report.  Thankfully the dealership wasn’t too concerned and we bought the car before the correction – nonetheless – the moral of the story here…  Check your credit report YEARLY!  You can do so for free on sites like www.annualcreditreport.com , and monitoring it yearly will keep surprises to a minimum when trying to buy a home!  Enjoy this article from the Daily News…

25% of Consumers Have Errors on Credit Report

Consumers need to be extra vigilant about checking for any errors on their credit reports, according to the Federal Trade Commission.

One in four Americans report they’ve found an error on their credit report, according to a study conducted by the FTC, which analyzed 1,001 consumers’ credit reports from the three major agencies, Equifax, Experian, and TransUnion. Researchers helped the consumers spot potential errors on their reports.

Five percent of the consumers found such large errors on their report that they could have gotten stuck paying more for mortgages or other financial products, if they hadn’t taken steps to correct it before applying, according to the study.

Twenty percent of the credit reports studied that were found to have errors in it were ultimately corrected after the consumer took steps to dispute it, which resulted in about 10 percent of consumers receiving a higher credit score, according to the study.

Consumers are entitled to receive a free copy of their credit report each year from the three reporting agencies.

Source: “Study: 1 In 4 Consumers Had Error In Credit Report,” The Associated Press (Feb. 11, 2013)

I Read this article at:  http://realtormag.realtor.org/daily-news/2013/02/12/25-consumers-have-errors-credit-report?om_rid=AACmlZ&om_mid=_BRGpXlB8w0qair&om_ntype=RMODaily

 

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Thanks for reading – Sabrina

 

A Cinderella Story – Michael and Tatjana… A Picture is Worth a Thousand Words

When Michael and Tatjana reached out to The Caton Team – we were very excited to be their Realtors for their first home purchase.  We got them preapproved with Melanie Flynn of First Priority Financial and hit the ground running.  They were so excited, started checking out properties and sooner than later, we began to write some offers.

With fingers crossed and prayers whispered we waited on pins and needles to hear back on their first offer… they didn’t get it.  The first time you lose a house – it’s the pits.  The second and third time it doesn’t get any easier.  Tatjana and Michael started to lose hope.  Who wouldn’t?

But The Caton Team wouldn’t let them lose out on their dream.  As full time Realtors, we’ve spent countless sleepless nights hoping and praying our client’s dreams come true.  We knew – you have to get back on the horse, try, try again….there are other fish in the sea.

And they did – but they had one request.  They no longer wanted to write a letter to the seller that included their adorable family photo.  In shock, I asked why.  They were adamant – ‘what’s the point?  The seller is looking for the most money and highest offer.’  I smiled.  We could hear the disappointment in their voice.  But we had faith.  We couldn’t change what we were doing.  The offer package The Caton Team prepares for each offer is thorough and it is successful.  Sometimes money talks.  But sometimes, it’s the other items in the offer package that get the recognition.

As we waited to hear back on their offer I was looking at the copy of the photo we sent of their family.  I’ve known Tatjana since the 6th grade and here she was, with her husband and two beautiful sons…  The phone rang, couldn’t get to it fast enough.  It was the seller’s agent.  I could hear the happiness in her hello.  They got the house.  Quickly she interjected – it wasn’t about being the highest price, they weren’t.  It was about the letter and the picture.  (It still brings tears to my eyes.)  Turns out the owner was deceased and had charged her best friend with handling her estate.  Her wish was for her home to be sold to a nice family – not an investor.  She had built that home from the ground up, raised her family there, and she wanted her best friend to pick the sweetest family for her home.  And boy they couldn’t have found a better family.

Sometimes it really isn’t just about the money.

Congratulations to Michael and Tatjana – to many happy years and memories in your new home!

 

Got Questions? – The Caton Team is here to help.

Email Sabrina & Susan at:  Info@TheCatonTeam.com

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Please enjoy my personal journey through homeownership at:

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Thanks for reading – Sabrina

Susan Caton – of The Caton Team Realtors – Interviewed by the Daily Journal – Article by Sally Schilling

Please enjoy this article below, my partner and mother-in-law, Susan Caton was interviewed by Sally Schilling of the Daily Journal regarding the local San Francisco Peninsula Real Estate market.

First-Time Home Buyers Beat Out By Cash

By Sally Schilling – Daily Journal Correspondent 9.17.12 5am

Low interest rates and low housing prices have first-time buyers feeling optimistic about purchasing a good home. But people who have saved up enough money for a sizable down payment are finding they are still not in the most favorable position in the housing market.

Cash buyers are often beating out first-time home buyers who are taking out loans.

“They’re being beat out, but not necessarily priced out,” said Anne Oliva, president of the San Mateo County Association of Realtors. Sometimes, cash buyers get preference over buyers with home loans, even if their cash bid is lower, she said.

Traditional home buyers with a 20 percent down payment are struggling, said Oliva, who is currently working with a couple for whom she has put in nine different offers. Her clients have enough for a 20 percent down payment, but sellers are thinking it is better to go with the cash buyer for the sure deal.

The challenge may be even greater for first-time buyers of units in complexes, such as condominiums or apartments. Investors are buying up units with cash and turning them into rentals, said Oliva.

First-time buyers with a 3.5 percent down payment on a condo, for example, may get pre-approved for the loans and have their offer accepted. But they could lose final approval of the loan once the lender sees that the complex has a high number of rentals.

“Every lender looks at the renter-to-owner ratio,” said Oliva, who ran a program for first-time home buyers in San Bruno. “If the renter-to-owner ratio is high, they will not lend.”

While she understands that buying and renting condos is a good move for investors, Oliva worries about how this trend will affect the number of homeowners.

“We could have a huge problem with increasing homeownership if this keeps happening,” she said.

Abundance of cash

“There’s a lot of cash out there,” said Susan Caton, a Realtor based in Redwood City. “It’s amazing, even over $1 million there’s a lot of cash.”

Caton worked with a client who was outbid several times on homes priced at more than $900,000. “They kept getting beat out, and beat out,” she said.

One home priced at more than $1 million in San Francisco had 25 offers on it. A client offered with 60 percent to 70 percent down and had excellent credit. They were beat out by an all-cash offer that was less than asking price.

The all-cash offer closed in nine days, whereas the client’s offer which would have closed in 30 days.

“In San Mateo County, it’s the same thing,” she said. “With 40 or 50 percent down or better, you are still beat out by cash offers.”

Caton agreed that the low housing inventory is a big part of the problem, along with the conditions that come with first-time home buyers with loans.

“Fifty percent down is a darn good offer and a good loan,” she said. “But the sellers or agents are saying ‘take the cash, it’s a sure thing,’ especially with no financing or property conditions.”

Many home buyers do get discouraged.

“It’s a hard battle,” said Caton. “It takes a lot of patience, but they can’t give up.”

But she sees a silver lining in the dark cloud.

“In each instance when a buyer is beat out a number of times, when they finally get a house they are so happy they got the one they got,” she said.

Strings attached

There are many reasons for sellers to prefer all-cash offers from prospectors over a down payment from a home buyer with a loan. Many strings are attached to a deal with a first-time home buyer; the sale may take longer to close, an appraisal is needed and sometimes sellers are required to do repairs. And on the other hand, a cash offer may have no conditions.

“If you’re up against cash offers, it’s very difficult,” said Diane Viviani, a longtime real estate agent in San Mateo County.

The cash-buyer trend is especially apparent in the $500,000 to $700,000 range, where inventory is low, said Viviani.

Recently, a home on Oneill Drive in San Mateo had 30 offers on it, she said. The listing price was $525,000 and it sold for $675,000, after being on the market for just eight days.

“I’ll tell a buyer to make the best offer you can,” she said.

For those taking out Federal Housing Administration loans, the down payment only needs to be 3 percent, said Viviani. But with such a low down payment, the lender’s liability is higher and the buyer seems less attractive.

“It’s doable,” said Viviani of FHA loans. “But when something comes at or below market [price], they’re seeing them go [to cash buyers].”

Fading trend

Joe Rodden, a longtime real estate broker based in Redwood City, has seen this trend. A home on 18th Avenue was recently sold to a cash buyer, despite the offer being 5 percent less than the other offers from people taking out loans, said Rodden.

“[The seller] felt more comfortable taking cash because it was a sure thing,” he said.

When asked what happens to the houses after they are bought with cash, Rodden said this is up to the buyer. Cash buyers could potentially close a deal with cash and then take out a loan, but the contract would still say all cash.

The cash trend has become less common in the past couple of months because prices have bumped up, said Rodden.

“Now cash buyers don’t see the same bargain,” he said.

I read this article at:

http://smdailyjournal.com/article_preview.php?id=1754902&title=First-time

Sabrina’s 2 cents…

Reading this article, it is clear – the local San Francisco Bay Area Real Estate market is highly competitive – so really nothing has changed.  We live in one of the greatest places on earth!

Though the focus of this article made it clear how tough it can be – The Caton Team has seen the light at the end of the tunnel.  After our clients experience writing multiple offers and being out bid – we reevaluate the situation and get back into the market.  I’m happy to say in the end, we find the right home for the right client.  Each experience is different though… thus our ‘Cinderella Story’ blog entires.  ENJOY!

A Cinderella Story… Lisa and All Those Offers…. at:

https://therealestatebeat.wordpress.com/2012/07/02/a-cinderella-story-lisa-and-all-those-offers/

A Cinderella Story… Jake  and Sophia…. at:

https://therealestatebeat.wordpress.com/2011/09/09/a-cinderella-story-part-2-jake-sophia/

A Cinderella Story…Nisi and Rip… at:

https://therealestatebeat.wordpress.com/2011/08/15/a-cinderella-story-part-1/

Got Questions? – The Caton Team is here to help.

Email Sabrina & Susan at:  Info@TheCatonTeam.com

Visit our Website at:   http://thecatonteam.com/

Visit us on Facebook:   http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834

Yelp us at: http://www.yelp.com/biz/the-caton-team-realtors-sabrina-caton-and-susan-caton-redwood-cityå

Or Yelp me:  http://www.yelp.com/user_details_thanx?userid=gpbsls-_RLpPiE9bv3Zygw

Please enjoy my personal journey through homeownership at:

http://ajourneythroughhomeownership.wordpress.com

Thanks for reading – Sabrina

A Cinderella Story… Lisa and All Those Offers….

The inspiration for this section of our blog – Cinderella Story – was inspired by Lisa and her long journey to home ownership.

Enjoy – Sabrina

Let’s take a look back to 2010 when Russ and Natalie referred their neighbor and dear friend Lisa to us.  Lisa was looking to buy her first home.  We got her pre-approved with Melanie Flynn at First Priority Mortgage and she qualified for the FHA loan.  With her pre-approval letter in hand the hunt began.  And what a hunt it was.

2010 was a tough year…the real estate market had been in a slump…the world knew the real estate market had crashed.  Many buyers were hesitant to buy, fearing the prospect of over paying while the market was still going down.  Locally however, by 2010, we had already hit bottom in many areas of the SF Peninsula the year before and we were now seeing the market slowly starting to recover.  Multiple offers and bidding wars were starting up again.  But unless you were in the trenches as a Realtor or buyer/seller…you wouldn’t know because the media was intent on focusing on the national real estate market which was still struggling.

At the time, the market was heavy on short sale properties, and with the banks so overwhelmed, the process of trying to buy some short sale houses outweighed the joy of owning the house.  Nonetheless,  we wrote offers on choice short sales for Lisa.  I swear, we’re still waiting to hear back on some of them.  There were also some regular sales, but if the home was in nice shape, you could guarantee multiple offers and a bidding war within the week.  The rest of the homes on the market were in pretty bad shape.  Yes the hunt continued.  We looked at many homes in various areas.  My favorite quality of Lisa was her imagination.  She could look at the dumpiest house and see it’s potential.  There were a few times Susan & I steered her away from homes with too many projects.  We truly wanted her to buy a home she could afford, that would need only cosmetic work – not structural headaches.

Lisa had an open mind.  Each home we checked out she seriously considered.  She wrote great offers, including letters to the sellers with a cute photo of her and her furry baby.  She listened to our suggestions and advice.  However, with each offer we would discover the seller accepted an all cash offer….sometimes for less than Lisa’s offer.  We kept checking out homes and writing offers till she could practically explain the purchase contract to us.  In light of constantly being outbid, Lisa wasn’t discouraged.  Well maybe a little, but she would dust herself off and keep on going.  We hunted for more than 6 months…but in retrospect we could have easily looked for a year.

Then one day while Susan & I were touring listings, we drove by a home we hadn’t seen yet.  On my trusty smart phone I looked it up and found out it was a bank owned home that had just fallen out of contract.  It was currently priced higher than we could go, it was an older home, in a beautiful west side location – and well just sitting there.  I quickly did some research.  The home had never had an open house, was never on broker tour and had just fallen out of contract – I called the Listing Agent.  Being that it was already bank owned and had fallen out of contract, I explained our situation to the listing agent and that afternoon we wrote an offer.  Within the week we heard the good news, the bank accepted our price (under list price) and we were on our way to closing an escrow.  After our inspections came up with no surprises, you could tell Lisa was slowly getting excited.  Finally, after writing nearly 20 offers and being outbid and beat up over and over again – 3o days later we popped the bubbly and handed Lisa the keys to her new home.

The moral of this Cinderella Story – sometimes you gotta kiss a lot of frogs to find your prince charming.

Congrats on hitting the 2 year anniversary in your home Lisa.  We truly enjoyed working with you and turning your home ownership dream into a reality.

Got Questions? – The Caton Team is here to help.  Email Sabrina & Susan at:  Info@TheCatonTeam.com

Visit our Website at:   http://thecatonteam.com/

Visit us on Facebook:   http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834

Yelp us at: http://www.yelp.com/biz/the-caton-team-realtors-sabrina-caton-and-susan-caton-redwood-cityå

Or Yelp me:  http://www.yelp.com/user_details_thanx?userid=gpbsls-_RLpPiE9bv3Zygw

Please enjoy my personal journey through homeownership at:

http://ajourneythroughhomeownership.wordpress.com

Thanks for reading – Sabrina

5 Things Home Buyers Hate… oh this is a funny read especially if you are selling your home…

I had to laugh when I read this article.  Would love to hear what my readers think of this – please comment or share your stories at info@TheCatonTeam.com

5 Things Home Buyers Hate

1. Images that lie

Stretching photos to make rooms appear much larger than they actually are would be banned by listing services, if buyers had anything to do with it. And if your home is pristine and staged during the photo shoot (which it should be), it should still be pristine and staged when buyers come to see it in person.

Taking a photo of just one corner of a room that is shaped strangely or stuffed full of personal items is another way to confuse and irritate buyers, who hate nothing more than to feel like they were misled and tricked into wasting their time to see a place that is nothing like the photos.

* The Caton Team does not stretch our photos on our listings.  We do add extra photos from different angles so internet clients get the best idea of the home before they come and see it

2. Listings with no useful images at all

Listing photos of the piano or a piece of beautiful furniture that is not included in the sale is irritating to online house hunters, who might assume that the house had no other attractive features to furnish. Even worse: Home listings with no photos at all.

Nine times out of ten, when the listing has no photos buyers simply scroll or click right past those homes — even the ones that might perfectly meet their expectations.

Sellers, let’s be clear: Skilled listing agents who are getting homes sold in today’s market are putting 10, 20 even 30 photos of each listing online. That’s your competition. If a buyer only has time to see seven homes on a Sunday, and there are 20 listed in your area and price range, chances are good that those with the best, most numerous pictures will capture those valuable showing slots.

Often, listings with no photos are that way because of technical difficulties. Check on your home’s online listings on various real estate search sites and alert your agent if there’s a problem with the pictures.

* Our MLS allows 25 photos and I add them all.

3. Misleading marketing

Problems in the condition of the home that will be obvious when buyers enter, like a shifting foundation or clearly leaky roof, should be disclosed as such in the listing to minimize the inconvenience to you and those buyers who wouldn’t have bothered to visit if they knew. Disclosing such problems upfront will maximize your chances of finding the right buyer, who is willing to take them on.

Phrases like “immaculate” and “better than new” set you (and your home) up for failure when the buyer walks in and sees even normal wear and tear, or the smells and clutter of daily living.

* The Caton Team provides full up-front disclosures online so any interested party has all the information they need at their fingertips.

4. “Stalkerish” sellers

Sellers who are intrusive or follow buyers around during a showing were No. 1 on my own list, and on the lists of buyers. A seller might love the murals they’ve painted on your kids’ walls or the custom living room crafting area they’ve set up, and want to share their love with prospective buyers.

But the fact is that most buyers just aren’t interested, and would rather be able to discuss their plans to get rid of crazy customizations freely with their spouse and their agent than feel obliged to feign appreciation. (I’ve even had some buyers say they liked a house, but kept looking because they would have hated to pull out the sellers’ beloved personal touches.)

* The best way to sell your home is to not be there when buyers come through.  They are not buying YOUR home, they are buying THIER home.

5. Bizarro showings

Dogs, kids and sleeping residents all made recurrent appearances in the comments to my article. Nothing worse than showing a home and finding dog “leavings” on the interior carpets, and even once joined my out-of-shape clients on a foot chase to catch a wily little dog whose owner had left explicit instructions not to let “Fido” out (but left him roaming around the house, poised to dart out the front door the second I opened it). One reader related a showing in which she opened a hall closet door and out popped a dog that had been cooped up there for the occasion.

A short-sale buyer related the depressing tale of an 8-year-old boy who showed her the whole house, while another distressed property viewer told of the kid who ran after her and her husband, screaming, “You can’t have my house!” Multiple buyers told of walking into rooms where people were changing clothes, eating, frying up food or sleeping during the showing.  I’ve personally walked into a man coming out of the shower – and he was NO Brad Pitt – the scene still burns my retinas.

My heart does go out to the Short Sale Sellers – it is the hardest sale.   But I must be blunt – if you have your home on the market and truly want to get out from under your property – please treat your home as an equity seller would.  Present it in the best possible fashion and when an agent comes through to show this home – please leave.  They’re is nothing more uncomfortable than showing buyers a property and the buyer feeling bad for the sellers situation.  They can’t get excited and write an offer if they feel uncomfortable.

Showing bizarreness is tough for buyers to get past, even if the place is a palace.

I would love to hear your silly real estate stories – don’t be shy!  Email us at Info@TheCaton Team.com

Got Questions? – The Caton Team is here to help.  Email us at Info@TheCatonTeam.com or visit our website at:   http://thecatonteam.com/

Visit us on Facebook:   http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834

Yelp me at: http://www.yelp.com/user_details_thanx?userid=gpbsls-_RLpPiE9bv3Zygw

Please enjoy my personal journey through homeownership at:  http://ajourneythroughhomeownership.wordpress.com/

This article is shared from Inman News – Tara-Nicholle Nelson is author of “The Savvy Woman’s Homebuying Handbook” and “Trillion Dollar Women: Use Your Power to Make Buying and Remodeling Decisions.” Tara is also the Consumer Ambassador and Educator for real estate listings search site Trulia.com.