Certified Military Housing Specialist Military Relocation Professional

Carriage District Art Deco Cutie! 1021 Speed Street, Santa Maria, CA 93454


1021 Speed Street, Santa Maria, CA 93454, Art Deco Style Home Available in Santa Maria’s Historic Carriage District!


Overview
Maps
Photos
Features
Description
Open House
IDX Search
$378,000
Single Family Home
Main Features
2 Bedrooms
2 Bathrooms
1 Half Bathroom
Interior: 1,379 sqft
Lot: 0.12 acre(s)
Year Built: 1940
MLS #: 1068839
Location
1021 Speed Street
Santa Maria, CA 93455
USA
Tni LeBlanc, JD

 Tni LeBlanc, JD
Our recent listings

Subscribe to our listing feed

Nearby properties for sale

Powered By RealBird.com

Related Posts

Santa Maria CA & Lompoc CA Foreclosure Buyers Can Choose Local Escrow Companies

Finally! Those of you who read my blog recall my recent blog post on buying a foreclosure and not receiving your keys until the day after it closes. It appears that the Claifornia legislature has take a stab at the heart of the problem, which was the fact that buyers were not allwoed to pick their own excrow companies in these transactions. Banks would hire title and escrow companies to complete their foreclosure proceeding and when they turned around to sell the property as an REO, they would compel the buye to use that same title/escrow company to complete the purchase.

Buying Bank Owned Properties (REOs) in the Santa Maria/Orcutt and Lompoc/Vandenberg Village Foreclosure Market

The Santa Maria and Lompoc real estate markets are currently dominated by foreclosure listings. Of the 663 active listings for homes/condos in the Santa Maria - Orcutt area, approximately 25% (165) are bank owned properties (REOs), and about 50% (339) were short sales. Similarly in the Lompoc - Vandenberg Village active market for homes and condos, there are 198 total listings, and 20% (39) were REOs and 40% (81) were short sales. This means that 75% of the active market in Santa Maria and 60% of the active market in Lompoc and its surrounding areas could be classified as either a foreclosure or a pre-foreclosure. Certain trends or practices are becoming fairly routine in this market.
Back To Top
Call Now ButtonTouch to Call