805 Local

Sometimes we think we have ‘seen it all’ until the next thing happens and that happened just this past week.  You might think that an appraisal should be “black and white” meaning pretty straight forward — right?  Guess that is not the case any longer.  All conditions for the buyers have been signed off except for [...]

It seems like we get the same questions daily about SHORT SALES.  It is confusing to people; it’s confusing the agents.  We even had a friend refer their employee to us who had written an offer on a short sale listing and thought he had purchased the property and would be moving soon.  Unfortunately his [...]

Somewhere between short sales and foreclosures —– that’s where the start of 2010 seems to be………. Many of you know that I have been out of town and upon my return wanted to play catch up with what the local Camarillo real estate market has been doing.  I love stats!  Numbers are black and white.  [...]

Today both of us are suffering from lack of a better term — a “house” hangover.  Granted, personally, I have only had one alcohol related hangover in my entire life.  I’m sure my partner, Greg, is in the same boat when it comes to hangovers. Last night – though – well took the cake.  This [...]

 What are these people in the picture to the left doing? A.  Waiting to use the pay telephone.  (Can you see the group of phones on the wall?) B.  Watching beige paint dry. C.  Checking their Lotto numbers. D.  Attending a trustee sale at ‘the courthouse steps.’ If you answered “D” you were right!  (Guess the name of [...]

Many of our readers know that 805Local answers questions on Trulia.com.  Recently we received a Two Thumbs Up BEST  ANSWER on Trulia for the answer to a question dealing with multiple offers.  Here’s the question from a home seller in San Jose, CA –   “After my home was on the market for four months, [...]

Many of us living in Ventura County are ‘transplants.’  We were born some place else and luck enough now to call Ventura County our Home.  This is the case for both of us.  Greg was born in New Jersey and his family moved to Ventura County (specifically Thousand Oaks – the Conejo Oaks tract before [...]

May 2009 closed sales of detached homesin the Conejo Valley totaled 111 with a median sales price of $665,000.  The previous month, April 2009, had 116 detached homesin the Conejo Valley close escrow with a median sales price of $547,5000. One year ago, May 2008, closed sales of detached homes in the Conejo Valley totaled [...]

It’s called Broker Tour, Broker Caravan and/or sometimes just Caravan.  But the question is: “what happened to caravan?”  The purpose of caravan is to have a property open to the Realtors to go preview – usually new listings - within a specific time period each week.  Last week in Camarillo there was a total of one [...]

We have been asked by several clients about the $8,000 tax credit.  We found a great YouTube with answer to nearly every question regarding the $8,000 tax credit.  Check it out.   Here’s our understanding  of the $8,000 home buyer tax credit at a glance: The tax credit is for first-time home buyers only. The tax credit [...]