Orcutt Ca real estate Archives - Page 4 of 5 - Santa Maria CA Real Estate Blog & Information, REALTOR® Selling Santa Maria CA Homes

Another Twist to REO Contracts in the Santa Maria CA Market

05/17/2009
Foreclosure / Bank Owned (REO) Info, Santa Maria

I just received a counter offer back on a Bank of America property (formerly Countrywide) with a new twist that I haven't seen before in REO contracts. Countrywide officially became Bank of America Home Loans about two weeks ago. I've sold quite a few Countrywide REOs and was used to how they did things. However, it appears that the switch over to Bank of America has changed some things.

The Las Brisas Community in Orcutt CA

03/24/2009
Santa Maria

Although not a gated community, Las Brisas offers a private setting for those who desire relative seclusion. There are two entrances into Las Brisas and the streets curve into an artful collection of cul-de-sacs and private parks. Importantly, there are no thoroughfares so traffic cannot cut through the community. The location of the community is convenient for those who are commuting as you are only a short skip to Highway 101's Santa Maria Way exit/onramp. One story and two story plans between 1100 square feet and 1800 square feet are offered with concrete tile roofs and two car garages. The lots are smaller with some exception here and there; but you definitely have enough room to keep Fido happy without having to spend your entire Saturday on yard work.

What not to do when selling your Santa Maria CA home

03/17/2009
Santa Maria

Home sellers often ask what they can do to make their home sell quickly for the price they want. I believe that this is a great market for realistic sellers. Realistic meaning sellers who do not expect to get housing boom era pricing for their homes. There is actually a shortage of easy to buy homes on the market in the Santa Maria, Orcutt, and Lompoc markets. The market is clogged with short sales that stay stagnant. Homes and condos that are priced right are receiving multiple offers. That being said, time and time again I see sellers make critical mistakes when trying to sell their home.

Santa Barbara County Property Tax Informal Assessment Review Requests Due March 15, 2009

02/28/2009
Central Coast Real Estate

For those who wish to request an informal property tax review from the Santa Barbara County Assessors office, the deadline to apply is March 15, 2009. It appears that the dealine for an informal review has moved up two months, as the previous year's form had May 15th as the deadline to apply for informal review. By applying, you can submit comparative sales to help the Assessor's office come up with a reasonable value for your property for tax assessment purposes.

Village of Northpoint Condos, Orcutt CA Market Update

02/20/2009
Santa Maria

The Village of Northpoint condominium community offers a tucked away feel in the heart of Orcutt to its residents. Located just off Foster Road and within walking distance of both Righetti and St. Joseph's High Schools, this development boasts a pool, clubhouse and tennis courts. Mature trees line the blacktopped streets dotted by clusters of townhomes with blue tinted tile roofs. There are 3 and 4 bedroom plans, each with the bedrooms upstairs and the main living space downstairs.

Bank Owned Bidding Wars in the Santa Maria – Orcutt CA Foreclosure Market

02/17/2009
Buyer Info, Foreclosure / Bank Owned (REO) Info, Santa Maria

Is it a great time to buy? Yes. Interest rates are at historic lows, Congress just passed an $8000 tax credit for first time buyers, and prices just keep getting better and better. There are plenty of folks who are taking advantage of this opportunity. As such, jumping into the current market for foreclosure properties in Santa Maria - Orcutt CA can be a rude awakening for potential buyers. Currently, there is a lot of competition for foreclosed properties. REOs comprise the majority of sold properties in the Santa Maria and Orcutt housing market.

Santa Maria CA & Orcutt CA Short Sale Buyer Information

02/16/2009
Santa Maria, Short Sale Info

With the majority of single family homes and condos being listed as "short sales" in the Santa Maria CA and Orcutt CA market, buyers are considering this type of listing more often. A "short sale" is a property listing where the owner owes more than the homes' current value, but still desires/needs to sell. Unfortunately, this is not an uncommon position for sellers in Santa Maria CA.

Santa Maria CA Foreclosure Buyer Alert – $8000 First Time Home Buyer Credit Approved

02/13/2009
Santa Maria

If you are sitting on the fence about buying, Congress just gave you another reason to jump into the market for foreclosures in Santa Maria, CA. The recently passed stimulus bill modestly increases the first time home buyer credit from $7500 to $8000. But more importantly, buyers now do not have to pay the credit back as long as they stay in the home a minimum of 3 years.