Tag Archives: Oceano foreclosures

Bank Owned (REO) Delays in the Central Coast Market

Posted on April 18, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

You would think that once a bank found a willing buyer, who won the “highest and best” bidding process for a foreclosure property, they would be hot to close the transaction. Well think again. I’ve actually had an all cash buyer trying to close in 10 days (or less) and the bank and their escrow company simply were not able to do it! The buyer couldn’t believe it, but having dealt with REO properties many times before I certainly could There are several delays that seem to happen time and time again in bank owned purchases: Continue reading →

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Oceano Foreclosure Market Update & Free MLS Search

Posted on January 3, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Oceano is one of California true beach towns. It is not saturated with deliberate commercialism, yet still sports cutesy names like Beach, Ocean and Surf Ave on its streets. Off the beaten path of Highway 101, Oceano instead straddles the scenic route, Highway 1. Known for the Oceano Dunes, a sand dune area of the coastline preserved for off road vehicle recreation and exploration, Oceano attracts many from the inland areas who seek to beat the heat. Continue reading →

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Santa Barbara & San Luis Obispo County Foreclosure Mini-Market Update

Posted on October 15, 2008 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Are we beginning to turn the corner on foreclosures on the central coast? The number of notices of default (“NODs”) filed in both counties marked a sharp decline last month. Continue reading →

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