Beth Mergens

I'm a:	Real Estate Professional
Company:	Re/Max Gold
Location:	Folsom
Web sites:	Folsom Blog
Phone:	916-947-3993

29 Answers
8 First Answers
6 Useful Answers

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About Me

Living, playing and working in Folsom for the past 16 years. The best part is that you can enjoy just about every type of recreation (except skiing) and still find a great place to dine in the evening. Specializing in residential, relocation, new homes, land, investment, foreclosure and bank owned properties.

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Beth Mergens's Questions (2)

Beth Mergens's Answers (29)

Best Sacramento or Bay Area neighborhood for Sales price/rental dollar ratio?

Asked Wed Jul 23 2008, 20:44 by Investor - Sacramento - Agent2Agent - 5 answers

Beth Mergens answered:

I can only speak for the Sacrameto area and believe me product is flying off the shelves in certain neighborhoods. We're at bargain prices and have been experiencing competing offers on the better homes even though they're REO's. My office has seen investors writing 20 offers in hopes of closing 10 and 1st time home buyers are excited again. It's the age old location, location, location. You need to make sure your agent knows the neighobhoods and the rental market. Cashflow is possible with good tenants in our area as many people are needing places to live since they've lost their home to foreclosure. - Wed Jul 23 2008, 21:22

I'm a first time investor looking to buy property in the 100-150K range in Sacramento. Any advice on good?

Asked Thu Jul 10 2008, 19:15 by Ruth - Sacramento - Market Conditions - 7 answers

Beth Mergens answered:

Hi Ruth,
Have you purchased investment property before? Investors look at all the factors involved in a real estate investment not just neighborhood. Your investment needs will be dictated by your overall financial picture and not just cashflow. Keep in mind that you probably will not end up owning the property for very long so start figuring out what you really want out of this investment and that will dictate how you proceed. There are so many different choices to make and neighborhoods is just one of them.
Good Luck! - Thu Jul 10 2008, 21:36

Buying Investment Property to Rent Out

Asked Thu Jun 26 2008, 21:02 by Tina - Sacramento - Market Conditions - 6 answers

Beth Mergens answered:

Buying any sort of property in an area you are unfamiliar with is risky but I think now is a very good time to buy rental property if you plan to hold it for a long time. The Sacramento area has a variety of neighborhoods to choose from and if you can put down the usual 25% you can cash flow properties in some neighborhoods. There isn't a lender in the world who will finance a 100% loan, especially a non-owner occupied. Since you're from Canada you will be subject to withholding taxes should you decide to sell but given the increased value of your dollar against ours it might be worth investigating. For more information about housing in our area you can go to my website below. - Thu Jun 26 2008, 22:32

I'm looking to buy a single residential family home in Folsom. Are there any at $150/sq foot or less? How can?

Asked Wed Jan 23 2008, 21:22 by Joyce - 95630 - Foreclosure - 6 answers

Beth Mergens answered:

Good Answer Jim!
One other thing you need to consider is your price range. It's always cheaper to build a larger home so if you're on a budget then the PSF doesn't really mean anything. Better to figure out what you have to work with and then work backwards. Motive is another factor that you don't mention. Are you looking to buy to live in or are you looking for investment? More information is needed and that's why I like Jim's answer because a good Realtor will be asking those and many other questions in order to meet your criteria. - Mon Jun 23 2008, 22:02

Anatolia or Folsom

Asked Mon Jun 23 2008, 14:00 by Luice - 95630 - Home Buying - 1 answer

Beth Mergens answered:

You have two distinct areas and are tying to compare apples and oranges. Anatolia has some great deals but not a lot in the the way of lifestyle choices. Folsom is more expensive for exactly those amenities. What are your long term goals? Do you want to buy and hold for furture rental? Do you plan on only being there for a few years and then moving on? There's a lot more to choosing a neighborhood than price point although that dictates a lot of where people live. You get more GLA for the $ but this realtor adheres to the old adage....location, location. location! - Mon Jun 23 2008, 21:56

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