Tag Archives: Nipomo CA

Is “Lease to Own” A Scam?

Well I told her that it sounded like a scam. Not a major league scam on the part of the people getting $160 for the “database” but there probably was a major league scam somewhere behind it. I explained that quit claim deeds and foreclosures aren’t typically a part of a lease option deal. Continue reading

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Nipomo 2008 Market Update & MLS Listing Search

A total of 190 homes and condos sold in Nipomo in 2008. 63 were REOs (bank owned homes) and 15 were short sales. So, one third of the closed sales were foreclosures and 7% were pre-foreclosure listings. Average square footage … Continue reading

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Nipomo CA Real Estate Market Update & Free Listing Search

The Nipomo California real estate market is piping right along with 15 sales in the last 30 days. Of those sales, 4 were short sales, and 8 were bank owned properties, so foreclosures are the dominating force in that market currently. A total of 143 homes and condos are active or contingent. Continue reading

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