Tag Archives: Orcutt Realtor

2010 Snapshot – Orcutt Foreclosure Market Update

Posted on September 27, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There are 295 active and pending homes and condos in the Orcutt zip code of 93455. Of those 295 properties, 41 homes are foreclosures (13.8%) and 113 are short sales (38.3%). So currently, over 50% of the Orcutt market is either a bank owned property or a short sale. Average asking price overall was $337,392, asking prices for foreclosures was significantly lower at $256,678, and for short sales it was $269,678.

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Posted in Foreclosure / Bank Owned (REO) Info, Santa Maria / Orcutt | Tagged , , , , , , , , , , , , , , , | Leave a comment

Santa Maria and Lompoc CA Short Sale Seller Tips

Posted on January 7, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Everyone in the Santa Maria and Lompoc housing marlet is talking about short sales these days. They love them, they hate them, they love to hate them, they. . . well you get the picture. There are a lot of opinions on them. One thing is for sure, if you are a short sale seller you should work with an experienced agent and obtain legal and tax advice before entering into a short sale arrangement. Short sales have significant financial, legal, tax, and credit consequences. Continue reading →

Posted in Lompoc / Vandenberg Village, Santa Maria / Orcutt, Seller Info, Short Sale Info | Tagged , , , , , , , , , , , | Leave a comment

Mission Creek Village Condos vs. Oak Creek Villas (Santa Maria CA & Orcutt CA Condos)

Posted on February 9, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The Mission Creek Condos and Oak Creek Villas were built by local builder, Inland Pacific, who is also currently finishing up Pacific Crest in Westgate Ranch. Oak Creek and Mission Creek offer the same basic floor plans and amenities; however, … Continue reading →

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Should I Sell My Santa Maria CA Home in this Market?

Posted on January 4, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Many Santa Maria – Orcutt CA home owners who have the equity to sell without a short sale are trying to wait this market out. Sellers who have to sell due to job relocation, loss of income, or divorce don’t … Continue reading →

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Selling Your Home as a Short Sale in the Santa Maria CA & Orcutt CA Market

Posted on July 6, 2008 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Short sales dominate the Santa Maria and Orcutt CA market. Simply put, short sales are sales where the owner owes more than the house is currently worth. Currently, 50% of the active listings in Santa Maria and Orcutt are short sales. However, 60% of the homes sold in the past 30 days are bank owned homes (REOs), and only 10% of sold homes in the last month were short sales. Continue reading →

Posted in Santa Maria / Orcutt, Short Sale Info | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment