When is a Foreclosure Removed from Your Credit Report?
When is a foreclosure removed form your credit report?
Santa Maria Real Estate Update: Can Investors Purchase Short Sales?
Yes, investors can purchase short sales. There are pitfalls though, such as if the property has a notice of default filed on it. In that case, specific disclaimers MUST be provided to the seller. California law seeks to protect sellers from unscrupulous equity strippers, and as ironic as it may sound, those disclaimers still apply when the property is a short sale. So, even though there is no equity, investors much make sure sellers are aware of their rights.
Santa Maria Homes – Pacific Crest Estates Snapshot
Inland Pacific, a local builder, built Pacific Crest Estates beginning in about 2005. Because the homes were sold new during the height of the housing boom, many if not most of the current and recent sales in the development are foreclosures or distress sales.
Nipomo Luxury Foreclosure Real Estate Update
Looking at the luxury real estate market in Nipomo California, there are currently 37 homes priced above $600,000 with an average list price of about $1,066,000 and 191 days on market, and a median asking price of $749,000. Looking at the Nipomo luxury foreclosure market, there were no active luxury foreclosure listings and there was one available short sale in Nipomo.
Santa Maria Foreclosure Alert: Are foreclosures frozen in Santa Maria, CA?
I realize this is a controversial subject, but I do agree that freezing foreclosures or trying to turn back the clock only benefits a limited group of people. In California, most people who are losing their home to foreclosure are severely underwater and I find that once the foreclosure happens, a sense of relief soon follows that they can put the whole thing behind them.
Providence Landing: New Homes in Lompoc’s Vandenberg Village
This week, Capital Pacific Homes invited local agents and REALTORS to an open house for their new community, Providence Landing, located in Vandenberg Village. It was a fun opportunity to tour their new home models again. During the behind the private behind the scenes look, Capital Pacific revealed the new builder incentives they are offering buyers which include:
6 Tips for Choosing the Best Offer for Your Home
6 Tips for Choosing the Best Offer for Your Home Have a plan for reviewing purchase offers so you don’t let the best slip through your fingers. Read Visit houselogic.com for more articles like this. Copyright 2010 NATIONAL ASSOCIATION OF…
What is a BPO and how can it Affect a Short Sale?
A BPO is an acronym that stands for Broker Price Opinion. As a part of approving a short sale, a bank will order either an appraisal or a Broker Price Opinion (or both) to determine the market value of the property.
