Buyer Info Archives | Page 18 of 21

Santa Maria Orcutt Luxury Foreclosures: Homes & Real Estate Update

October 15, 2010
Vandenberg AFB Homes
Buyer Info, Foreclosure / Bank Owned (REO) Info, Santa Maria

Looking at the luxury real estate market in Santa Maria and Orcutt California, there are currently 57 homes priced above $400,000 with an average list price of $657,303 and 179 days on market, and a median asking price of $515,000.

Santa Maria Short Sale Alert: Contingent Short Sales?

October 13, 2010
Vandenberg AFB Homes
Buyer Info, Santa Maria, Short Sale Info

Contingent short sales are all over the Santa Maria market. Santa Maria home buyers are always asking me about them. They linger on the market. Often the seller is requesting no more showings. But why? With so many buyers looking for homes and condos in Santa Maria, why do these properties linger on the market? The answer is of course bank delay

Lompoc Home For Sale $169,900

Come see this Lompoc Delight! This exceptional home features a large family room addition off the kitchen for a great room effect and feel. Indoor laundry,large fireplace and slider access to the backyard. Formal living room off the entry and an informal dining area directly off the spacious kitchen. This home hasthree bedrooms and two updated bathrooms. Needs a little polish to bring it back to its prime - but the potential is definitely there. Modern touches andupdates throughout.

Santa Maria First Time Home Buyer Alert

I’m afraid the days of 100% financing for everyone are gone. Unless you are a veteran with a VA home loan benefit, or buying in a rural area through the USDA loan program, there are not many 100% financing options. (Santa Maria does not qualify as a rural area, but in the past, Guadalupe and parts of Nipomo have qualified).

Lompoc Real Estate: Lompoc Condos For Sale & Market Update

Are you in the market for a condo in the Lompoc CA area? (93436) There are currently 37 condos (and PUDs) listed for sale in the Lompoc real estate market. The average asking price is about $152,000 and sellers are…

Santa Maria Real Estate: Tips for Buying Santa Maria Short Sales

October 6, 2010
Vandenberg AFB Homes
Buyer Info, Santa Maria, Short Sale Info

1) Be prepared for an “as-is” purchase. Many times there is deferred maintenance on short sale listings. Often owners in financial distress stop performing maintenance on the home either willfully and because they lack the funds. You can ask a short sale seller to make repairs, but often they are unable or unwilling to do so since they are losing their home. You can also approach the short sale lender and ask that they allow the cost of the repairs to be deducted from their “net” but often the answer will be no, even if the repairs are required by your lender in order to originate your new loan.

Santa Maria Real Estate: Tips for Buying Santa Maria Foreclosures

October 5, 2010
Vandenberg AFB Homes
Buyer Info, Foreclosure / Bank Owned (REO) Info, Santa Maria

1) For an “as-is” purchase – Banks don’t like to make repairs, and you will find that the Santa Maria real estate is littered with bank sellers who intend to make no repairs to their properties. This may even include situations where the property has been cited by the City of Santa Maria for violations of the municipal code.

Arroyo Grande Real Estate: Arroyo Grande Condo Market Update

Are you in the market for a condo in the Arroyo Grande CA (93420)? There are currently 23 condos (and PUDs) listed for sale in the Arroyo Grande real estate market.

Pismo Beach Real Estate: Pismo Beach Condos For Sale & Market Update

Are you in the market for a condo in the Pismo Beach CA (93449)? There are currently 40 condos (and PUDs) listed for sale in the Pismo Beach real estate market. The average price is about $733,000 and sellers are asking about $514 per square foot for condominiums.

Orcutt Real Estate: Orcutt Condos For Sale & Market Update

Are you in the market for a condo in Orcutt CA (93455)? There are currently 57 condos listed for sale in the Orcutt real estate market. The average price is about $179,500 and sellers are asking about $132 per square foot for condominiums.