Tag Archives: Arroyo Grande short sales

Will My Lender Pay My Delinquent Property Taxes As A Part of My Short Sale?

Posted on April 10, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The answer is maybe. It is not uncommon for a short sale seller in financial distress to have unpaid property taxes. During the housing boom, many lenders did not require tax and insurance impounds. Continue reading →

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Short Sale Approval Received in 26 Days from Well Fargo Home Mortgage!

Posted on April 7, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

I just received short sale approval from Wells Fargo in 26 days! It was a total of twenty six days from when the short sale application was submitted to the lender until I received the short sale approval letter in my email box. Continue reading →

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How Time Can Run Out On Your Santa Maria Short Sale

Posted on March 13, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

One of the worst things that distressed Central Coast homeowners do is waiting until the clock is ticking before contacting a short sale agent. When does the clock start ticking? I tell people it starts ticking when you stop paying. Ideally, if you know a financial hardship is imminent, you should begin exploring your options, including a short sale, before any payments are even missed. In its recent Open Letter on Short Sales, the California Association Realtors reports that according to surveyed California Realtors® only about three out of five short sales close. Continue reading →

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Pismo Beach, Arroyo Grande & Grover Beach CA Foreclosure Market Update

Posted on October 12, 2008 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There is a tremendous amount of interest in buying second homes in this market. Due to the financial and housing crisis, some are taking the opportunity to buy a vacation home on the central coast. Although, we have most certainly seen significant price reductions, foreclosure activity is relatively low in Pismo Beach, Arroyo Grande & Grover Beach compared to the nearby northern Santa Barbara communities of Santa Maria, Orcutt, & Lompoc. Continue reading →

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