805 Local

Have you ever read a real estate ad and thought about what those words really mean?  What does handyman special mean?  And on and on……Here’s our take on those words–
“Charming“ means wallpaper, lots of wallpaper plus matching drapes.
“Cozy“ screams small, very small.
“Lush, tropical garden” means overgrown with palm trees.
“Compact kitchen” instantly says just enough room for one person.
“Maintenance-free yard’” [...]

Thursday morning: “Sounds good. Let’s meet at the office at 10:00 a.m Saturday to look at homes.”
Better check the MLS to see how many properties suit this buyer’s criteria.  Wow!  There is a total of 46 just in Camarillo plus there is an additional 55 homes that meets the criteria in Thousand Oaks.  That’s a [...]

Here’s the latest in what is on the market with bank-owned properties in Camarillo and the Conejo Valley.
Two weeks ago Camarillo had 23 properties currently on the market that were bank owned.  This week that total now registers 20 REOs for sale in Camarillo.
Click here to get the list of bank-owned properties for sale in Camarillo,  [...]

 
You are thinking about buying a bank-owned house which are also known as a REO or a foreclosed house.   Buying from a bank demands guidelines which are different than buying from a traditional homeowner.  Each bank/lender differs but there are similarities to each transaction.  
Here are lessons that we have learned by writing offers on bank-owned homes with our buyers:

Get [...]

So you want to buy a house, but you don’t know what you qualify for.  You know how much you want your total payments to be, but you don’t know how much house that will buy.  What about property taxes and homeowner’s insurance?  How much would that be?  How much do you need for a down [...]

Neil Cavuto gives simple answers to the housing market in this two minute video.  It’s worthwhile!

SEVEN SECRETS —what you need to know before putting an offer on a short sale:

Length of time to get an answer.  It could take anywhere from two weeks (doubtful) to well over two months (more likely) to get any type of response from the lender.  If there are two loans on the property, it could even take longer.
Qualifications.  Not [...]

With all of the tightening credit guidelines, it would be nice if your credit score mattered a little less these days, but nowadays it matters more than ever!  It used to be that people with generally good credit got about the same interest rate as people with really good credit and people with generally not-so-good [...]

It is a dilemma that faces many relocation sellers especially.  The dilemma is “should they move and try to sell the house vacant or should they stay until the house sells?”   
We currently have a seller in Camarillo who is facing this question. 
With this in mind, we posed the question to the Trulia Voices community.  Within 24 hours, [...]

“Now is the time to buy!” 
We have a great client who is ready to buy;  she has a pre-approved loan; 20% down payment which is a rarity in this market; nothing to sell — so she is a non-contingent buyer; she can be flexible on her closing time.  A slam-dunk buyer. 
Lets back up a bit [...]