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buy santa maria foreclosures: Buyer Tip — Use a Local Lender when Buying Central Coast Property - 03/22/09 05:54 PM
In the past couple of weeks, I have had two clients shop for mortgages online after securing a contract on a home. Both came back with inaccurate information. My advice to both was to use a local lender. It is good practice and natural to shop your loan rate and terms, and online shopping is very appealing because you can do it at your convenience. But, I highly advise my clients to shop their loan with local lenders for several reasons inspired by experience:
1) Responsiveness. Local lenders tend to respond quickly. Even if you are considering using a national company, … (0 comments)

buy santa maria foreclosures: Buying Bank Owned Properties (REOs) in the Santa Maria/Orcutt and Lompoc/Vandenberg Village Foreclosure Market - 10/07/08 08:11 AM
The Santa Maria and Lompoc real estate markets are currently dominated by foreclosure listings. Of the 663 active listings for homes/condos in the Santa Maria - Orcutt area, approximately 25% (165) are bank owned properties (REOs), and about 50% (339) were short sales. Similarly in the Lompoc - Vandenberg Village active market for homes and condos, there are 198 total listings, and 20% (39) were REOs and 40% (81) were short sales. This means that 75% of the active market in Santa Maria and 60% of the active market in Lompoc and its surrounding areas could be classified as either a … (0 comments)

buy santa maria foreclosures: How to Buy HUD Home and Condo Foreclosures on the Central Coast - 09/12/08 10:14 AM
San Luis Obispo and Santa Barbara Counties have seen a dramatic increase in foreclosure and pre-foreclosure listings. Bank owned and short sale listings currently dominate and/or drive many of the local markets here on the central coast, and along with that we are beginning to see more HUD homes for sale. HUD homes (or condos) are properties that have gone through foreclosure and been taken back by the federal agency "HUD" (U.S. Department of Housing and Urban Development) which insured the original defaulted mortgage.
HUD properties are not marketed through traditional channels and are not placed on our local Multiple Listing … (0 comments)

buy santa maria foreclosures: Santa Maria CA & Orcutt CA Bank Owned / Foreclosure Market Update - 06/29/08 12:24 AM
The Santa Maria/Orcutt CA market for foreclosure properties is certainly not unique. However, because of media reports on overall trends in the national real estate market, many who venture into the local home buying market are under the misimpression that there are hundreds of cheap houses sitting out there for the picking. That is not exactly how it is currently working. I might say that about the local condo market -- but not the market for homes. That is not to say that there are not bargains out there. There clearly are. But, the local market for foreclosed properties is extremely … (1 comments)

 
Tni Rainmaker_large

Tni LeBlanc, JD, MA, REALTOR®, DRE #01871795

Santa Maria, CA

More about me…

Tni LeBlanc REALTOR® Santa Maria CA Homes Central Coast

Address: 2880 Santa Maria Way, Suite D8, Santa Maria, CA, 93455

Office Phone: (805) 938-9950

Cell Phone: (805) 878-9879

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The content provided on this website is presented or compiled for your convenience and is provided for informational purposes only. The information provided on this website should not be construed as offering legal, financial or other advice to be relied on by the reader to make or refrain from making any decision or to take any action. The investment, mortgage or financial services or strategies mentioned in and throughout this website may not be suitable for you. Nothing in this blog should be construed as a solicitation of properties currently under contract with another broker. Mint Properties is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. CA DRE LICENSE #01871795 Photobucket Locations of visitors to this page


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