Vandenberg AFB Homes, Author at Vandenberg AFB Homes

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

October 24, 2010
Vandenberg AFB Homes
Central Coast Real Estate, Foreclosure / Bank Owned (REO) Info

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.

How to Buy HUD Foreclosures in Santa Maria & Orcutt

October 20, 2010
Vandenberg AFB Homes
Buyer Info, Foreclosure / Bank Owned (REO) Info

First you should find a HUD selling agent, as only HUD selling agents can show and write offers on HUD properties. Mint Properties is a HUD selling agent and can assist you with this process. Sometimes HUD properties are advertised on the local MLS, but I’ve found that often they are not. Typically, HUD homes are listed on Friday and you must check the HUD website to find their newly listed foreclosures.

Can I offer less than the asking price on an approved short sale?

The answer to this is, yes, definitely. An approved short sale is a short sale where the bank has already indicated acceptable price and terms. As the HAFA program comes into greater usage, we will supposedly see more approved short sales on the market. The HAFA program provides a way for sellers to get an approved price on their short sale before listing it on the market.

7 Steps to a Stress-free Home Closing

October 19, 2010
Vandenberg AFB Homes
Buyer Info

7 Steps to a Stress-free Home Closing By doing homework in advance, you’ll understand what you’re asked to sign when you close the sale of your home. Read Visit houselogic.com for more articles like this. Copyright 2010 NATIONAL ASSOCIATION OF…

Lompoc Luxury Homes: Foreclosure Real Estate Update

October 18, 2010
Vandenberg AFB Homes
Buyer Info, Lompoc / Vandenberg Village, Seller Info

Looking at the luxury real estate market in Lompoc California, there are currently 29 homes priced above $400,000 with an average list price of about $592,000 and 145 days on market, and a median asking price of $499,000. Looking at the luxury foreclosure market, there was only one active luxury foreclosure listing and there were 2 available short sales in Lompoc.