Short Sales

Jun 8th	Are you an Ideal Candidate for a Short Sale here in Goleta CA?
2010	Categories: Foreclosures & Bank Owned, Goleta, Short Sales

Tips to Avoiding Foreclosure: Who is the Ideal Candidate for a Short Sale?  The reality for people that are unfortunately facing foreclosure is not something that is taken lightly.  The prospect of not just losing your home, but dealing with all the emotional and financial realities that come with it can be more more than overwhelming. Fortunately, certain people may be in a position to avoid this legal, financial, and emotional turmoil by going the route of a short sale. Do you qualify to obtain relief through a short sale of your home? Here are some of the qualifications a bank is looking... Read more

Tags: avoiding foreclosure, goleta foreclosure, goleta short sale, short sale tips

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May 23rd	Basics of a Short Sale with Regards to Real Estate in Santa Barbara CA.
2010	Categories: Foreclosures & Bank Owned, Short Sales

If you are in a financial position that you are behind on your mortgage payments or are simply considering not making these payments because the value of your home has dropped below the open market value, then you are most likely considering the potential option of a short sale of your home.  If so, then most likely you are also wondering how the whole process exactly works and how it will unfold.  There is no need to feel confused as most of the steps are very basic. Deciding that it is best for you to sell your home and get... Read more

Tags: basics of a short sale, santa barbara short sale

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May 5th	Tips to Avoiding Foreclosure Here in The Santa Barbara, Montecito, Goleta and Carpinteria Areas
2010	Categories: Foreclosures & Bank Owned, Seller's Resources & Advice, Short Sales

As a Santa Barbara real estate agent, one of my main focuses is to keep people first.  As I have grown in this business the last 9 years and the community as a whole, I have become more dedicated to my clients than ever before.  A great example of this is my desire to help clients who have found themselves in a financially distressed situation with the possible loss of a home that they have worked so hard to earn. In order to help, I have tried to learn as much as I can about the foreclosure and short sale process... Read more

Tags: avoiding foreclosure, avoiding short sale, tips to avoid foreclosure

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Oct 4th	The Consumer Bailout For Home Owners That Nobody Seems to Know About
2008	Categories: Foreclosures & Bank Owned, Short Sales

Here is a great article I just came across that I wanted to pass on to potentially help some home owners that are struggling right now here locally in Santa Barbara as well as nationally. I have copied and pasted below the first section of the article exacty as it appears on the RISMEDIA website. "RISMEDIA, Oct. 1, 2008-As congress considers various bailout proposals for the financial system, there is a little known ‘bailout’ for home owners that has already been enacted into law, according to Gibran Nicholas, Chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. Section 1403... Read more

Tags: bailout for home owners, consumer bailout

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Apr 22nd	Are Short Sales a Good Path to Santa Barbara Real Estate Ownership?
2008	Categories: Buyer's Resources & Advice, Seller's Resources & Advice, Short Sales

At the beginning of 2008, I wrote a few articles about short sales and foreclosures in our local areas here in Santa Barbara, Goleta and Carpinteria.  At that point, we had only seen a handful of foreclosures in our areas and most of these were in the entry level condo market from the $300,000 to $650,000 price point as well as track homes from the $590,000 to $800,000 price point.  Short sales were also just starting to creep up in our local areas within the same market and price points. Now in the last several weeks, we have started to see a definite increase in short... Read more

Tags: santa barbara real estate, short sales carpinteria, short sales goleta, short sales santa barbara, short sales santa barbara real estate

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Apr 2nd	Any Great Short Sale Opportunities in Santa Barbara and Goleta CA?
2008	Categories: Buyer's Resources & Advice, Short Sales

Over the last 4-6 months we have started to see an increase in the amount of short sales and foreclosures here in the Santa Barbara area...especially in the Goleta and Carpinteria areas.  Almost all of these have predominantly fallen into the price point from $250,000 to $800,000. Question - Is a short sale a great opportunity to buy a home for cheaper than market value? Answer - It can be if you have the time, patience and the wherewithal to deal with a lot of potential frustration, uncertainty and waiting? What is a short sale? - A short sale is simply an unfortunate situation where... Read more

Tags: carpinteria short sale, goleta short sale, santa barbara short sale, short sale opportunities, steps taken for a short sale

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