Buyer Info Archives - Page 24 of 28 - Santa Maria CA Real Estate Blog & Information, REALTOR® Selling Santa Maria CA Homes

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

10/19/2010
Buyer Info, Short Sale Info

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

10/19/2010
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

10/18/2010
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.

How Much Down Payment is Required to Buy a Rental or Investment Property in Santa Maria?

10/17/2010
Buyer Info, Santa Maria

Many investors that I am currently working with in the Santa Maria and Lompoc real estate market are paying all cash for their rental homes. That is why the market for foreclosures is so difficult for Santa Maria home buyers using FHA/VA financing; it is difficult to compete against a cash offer on a foreclosure where the bank wants to make no repairs to the property.

Santa Maria Orcutt Luxury Foreclosures: Homes & Real Estate Update

10/15/2010
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?

10/13/2010
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

10/12/2010
Buyer Info, Lompoc / Vandenberg Village

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

10/10/2010
Buyer Info, Santa Maria

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).