2011 Real Estate Market Update – Santa Maria Home Sales

Looking at the sales figures for 2011, the average sales price for Santa Maria homes declined about 6.6% and days on market ticked up 15 additional days to 85 days. Of course, the days on market figure includes short sale contingency days, which are the days needed for bank approval of a short sale, so it may not reflect how quickly inventory is being absorbed.
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Come see this Unique & Elegant Renaissance at Westgate Ranch Santa Maria CA home for sale

With its wrap around porch, this unique ranch style Renaissance at Westgate home will have you wanting to spend your free time outside, relaxing. This cream puff of a home features a large open floor plan with distinctive architectural features and an elegant design. Recently installed plush carpeting adds a feeling of luxury to the interior. Travertine tile has been installed throughout the kitchen and den creating an eat in kitchen area that blends into the living space without intruding upon it.
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What Should I Say In My Short Sale Hardship Letter?

As a Santa Maria short sale agent, this is probably the most common question I’m asked by potential short sale sellers. It can easily become the “never-ending term paper,” you know, the one you never start writing? Short sale sellers tend to put off and put off writing their hardship letter. It is a bit different than a loan modification hardship letter, where the purpose is to indicate that you have it hard but you can still afford to stay in the home if your lender makes a few changes to your loan.
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Oakridge Park Condos in Orcutt — 2011 Real Estate Market Update

If you are considering selling your Oakridge Park Condo and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment. I specialize in short sales and distress sales. If you are interested in buying a condo in Oakridge Park, I will be happy to assist you and provide a list of available condos in this development and the surrounding Orcutt area.
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5 Reasons Why Now Is the Time For A Short Sale of Your California Home

California Senate Bill 458 (SB 458) - Just signed into law by Governor Jerry Brown on July 15, 2011 and effective immediately thereafter, it prevents junior lien holders who have accepted a short sale from pursing a deficiency against the short sale seller. This law expands the protection provided in Senate Bill 931, and is a major development in the area of short sales. And, I think it makes the case in favor of short sale vs. foreclosure
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