Granite Bay which sits in Placer County is truly one of Sacramentos most beautiful suburbs. Come explore some of the most exclusive developments within the city such as Bella Terra, Los Lagos, Shelbourne Estates, Wexford, or Tree Lake Village. Granite Bay was named after one of the of the spectacular bays in Folsom Lake just east of town. It is located east of the Roseville-Rocklin area and west of El Dorado Hills and Folsom Lake. As of the cencus of 2000 there were close to 20,000 residents, 6,474 households, and 5,587 families residing in the highly desired area. Recent population polls put the residents at 28,000! Granite Bay is served by two public high schools, Granite Bay High School and Del Oro High School (which is located in Loomis). Both high schools consistently rank among the top high schools in the State. The Eureka Union School District is the K-8 district serves Granite Bay and feeds into Granite Bay High School. It is also one of the state's highest performing districts according to Standardized Testing and Reporting. This is one of the few California school districts with its own parent sponsored educational foundations. The quality of schools in Granite Bay is often cited as an important factor in the area's high home values. Come visit the rolling hills,wonderful Folsom Lake or come to golf on one of the many ranked golf courses. It is why Money Magazine ranked Granite Bay as one of the top 100 cities in America to live!  Request our Free Sacramento, El Dorado Hills and Granite Bay Relocation Package. It's packed full of useful and important information about the Sacramento, El Dorado Hills and Granite Bay, California area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... It's our job to know EVERYTHING about Sacramento, El Dorado Hills and Granite Bay! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
Foreclosures >1. What Is a Foreclosure?
A foreclosure is a legal process through which a mortgagor loses his or her equitable right to redeem a mortgaged estate; in other words, the lender completely repossesses the home from the borrower (homeowner.) The lender goes through the legal motions to sell the property, terminate all the homeowner’s rights in that property, and remove the homeowner.
What are the effects?
- The most stressful and pressing effect that foreclosure has is that the borrower loses his or her place to live.
- Foreclosure negatively affects the borrower’s credit rating. It stays on a credit report for seven years and drops a credit score 250 points.
- A borrower who’s been foreclosed on may have trouble finding and keeping jobs since good credit may be required by employers to be hired.
- A foreclosed home can bring down the value of surrounding homes.
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| Q |
What land did the U.S. Government buy for $7.2 million?
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| A |
The U.S. bought all of Russian America (Alaska) from the Russian Czar in March 1867. |
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