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Archive for March, 2009

Camarillo and Conejo Short Sales Crash Course

There’s a lot of confusion in Camarillo and the Conejo Valley about what a short sale is and how a short sale works (or rather — doesn’t work).  It is not as simple as you may believe and very few can close in 30 0r 45 day.
We have recently closed several short sale escrows plus we have four [...]

Wordless Wednesday – Ventura County spring green and yellow

Drive around Ventura County this time of the year and you will see fields and hills filled with bright greens and yellows. 
Spring comes to Ventura County!
Just another reason to love and live in Ventura County!!
See other Wordless Wednesdays in Ventura County:

Mugu Rock

Fabulous Oak Tree

Cal State Channel Islands

 

Should a seller have an appraisal on Conejo Valley home before it comes on the market?

My partner, Greg Ricci, and I are preparing to take a new listing.  We have previewed the properties currently on the market which will be competing with the new listing.  We have reviewed the properties in escrow that would compare to this property.  Foremost, we have combed through the  houses which have recently closed escrow selecting [...]

Foreclosures in Camarillo and Conejo Valley

Here’s a quick update of REO properties currently listed for sale in Camarillo and the Conejo Valley (Thousand Oaks, Newbury Park, Westlake, Agoura, Oak Park).  Remember a foreclosed property is now owned by the bank.  The term “foreclosure” is used interchangeably with REO (which means real estate owned - by the bank) and just plain “bank [...]

What was the funniest thing happened when showing houses in Camarillo?

Greg and I were showing property to some clients this past week in Camarillo and later in Dos Vientos Ranch of the Conejo Valley.  The discussion turned to odd, funny, amazing and unique things that happened to us while showing property. 
We both thought about our many years of showing property throughout Camarillo and Thousand Oaks. 
Quickly my [...]

Conejo Valley Housing Market Report Feb 2009

February 2009 closed sales of detached homes in the Conejo Valley totaled 65 with a median sales price of $519,000.  The previous month, January 2009, a total of 54 detached homes closed escrow in the Conejo Valley with a median sales price of $615,000.
February 2008 closed sales of detached homes in the Conejo Valley totaled [...]

Camarillo Housing Market Report February 2009

February 2009 closed sales of detached homes in Camarillo totaled 26 homes with a median sales price of $460,000.  The previous month, January 2009, a total of 27 detached homes closed escrow in Camarillo with a median sales price of $500,000. 
February 2008 closed sales of detached homes in Camarillo totaled 34 with a median sales price of $612,500.
Currently in [...]

How many offers contintued….

A few days ago we wrote about Joe and Jane (not their real names) who we have been working with for the past year.  We have written TEN offers with Joe and Jane.   At the time of our post, we were awaiting an answer on our latest offer. 
We were given a counter offer and were [...]

Wordless Wednesday – Camarillo flowers

We were driving back from the beach on Las Posas Road in Camarillo. The area is filled with sod farms, broccoli and strawberries fields.   
And the Beautiful Flowers!
Another reason to live in Ventura County!
See more Wordless Wednesdays:

Point Mugu Rock

Oak tree

Ventura County beach in January

REO contract addedum

We just received a contract addendum for a bank-owned property that we have an offer on for one of our buyers. 
We  ‘loved’ the bank’s CYA on this item:  “Seller and seller’s representative shall not be responsible for evicting or relocating any tenants or occupants or personal property at the property.” 
It’s like this – if [...]