Santa Barbara Real Estate Voice
The obvious lure from a buyer's perspective of both short sales and REO (real estate owned) properties is the chance to get a property at a discounted price.
Here in Carpinteria, Goleta and Santa Barbara, this opportunity does exists, but not without its pitfalls. The best way to deal with these pitfalls is to get educated about the most common "issues/nightmares" that come with these deals. Although there are many factors to consider...the biggest for most tends to be TIME.
TIME - The most crucial asset we have in life. When dealing with both short sales and foreclosures here in the Santa...
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| Jun 8th |
Are you an Ideal Candidate for a Short Sale here in Goleta CA? |
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2010
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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 for...
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| Apr 2nd |
Any Great Short Sale Opportunities in Santa Barbara and Goleta CA? |
|
2008
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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...
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