Private Park @ Las BrisasAlthough 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 development. The location of the community is convenient for those who commute as you are only a short skip to Highway 101’s Santa Maria Way exit/onramp. One story and two story plans between about 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. Also, Las Brisas restricts the number of homes that can be rented within the Association, resulting in a good proportion of owner occupancy within the development.
Las BrisasFor those who are looking for homes within the Orcutt school district, Las Brisas offers a nice selection of homes. HOA dues are approximately $65.00 per month. These homes offer the feel of a newer home in Orcutt (built in the mid 1990’s) within an affordable price range. Recently, in March 2009, a 3 bedroom, 2 bath, 1568 sq ft one story home sold in Las Brisas for $337,000. And in November 2008, a 3 bedroom 2 bath, 1295 sq ft, bank owned foreclosure sold for $295,000. For a list of homes in Las Brisas or other homes in Orcutt, CA, send me an email at tni@MintProp.com, or search on my websites: iLoveOrcutt.com, SantaMariaRealEstateSearch.com, or BuySantaMariaForeclosures.com.
*Based on the information from the Central Coast Regional MLS. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. Prospective home buyers should always check with the local school boards for updates to school boundaries.
There is intense competition for homes in the Santa Maria and Lompoc markets, especially for homes priced under $300,000. There simply aren't enough homes for interested buyers. It is not unusual when competing for a home to go up against 12 - 15 other buyers. And, some are pulling no punches when it comes to asking price.
What is an FHA loan? -- Essentially a FHA loan is a loan that is guaranteed by the Federal Housing Administration. Lenders typically do not want to lend unless on a home unless a buyer has a 20% down payment. If there is less than a 20% down payment, mortgage insurance is required. And, in today's market unless you have a credit score at least 720 or above you won't be able to get mortgage insurance.
Tni LeBlanc, JD, M.A., e-PRO