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real estate and living in Ventura Country
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This is a place to learn about Ventura County and the housing market in Ventura County.
Recent Posts Tagged With 'ventura county bank owned homes'
Just For Fun: How to Buy a Bank-Owned Home
If you have been shopping for a home in Ventura County you may probably know how hard and exasperating it has been to purchase a bank-owned home. Below is a fun video that demonstrates many buyers frustration with the current real estate market. Enj...
Short Sales In Ventura County VS. Bank Owned Homes In Ventura County
The time, the emotional roller coaster, and the frustration involved with the sale or purchase of a short sale have made short sale transactions undesirable to many home buyers and Realtors. I am currently working with a few home buyers who have...
Ventura County Real Estate In The First 6 Months Of 2009
Ventura County’s real estate market in the first 6 months of 2009 has surprised a few speculators, Realtors, and even home buyers and home sellers. In an economy where many predicted a gloomier forecast for the state of California, the housi...
Number Of Bank Owned Homes/REOs To Decrease In Ventura County
On June 15, 2009 the California Foreclosure Prevention Act went into effect in order to help many Ventura County and California homeowners who are at the risk of losing their homes. The California Foreclosure Prevention Act adds 90 days to the exi...
Buying A Home In Ventura County With An FHA Home Loan
FHA home loans, with their low down payment requirement, have helped many in Ventura County achieve the dream of home ownership. However, the current low inventory of homes for sale in Ventura County and the nature of homes for sale in Ventura Cou...
California Foreclosures Increase in February 2009
Despite all measures taken by banks and the California legislators 80,755 foreclosures were filed in California in February of 2009. The foreclosure report provided by Realtytrac indicates a 5% increase in foreclosure filings from January to Febru...
Making an Offer on a Bank Owned Home or REO in Ventura County
As the number of bank owned homes, also known as Real Estate Owned or REO, have increased in Ventura County, home buyers are slowly learning the trials and tribulations involved with buying bank owned homes. Every bank that owns real estate has its o...
Ventura County Home Buyers Ask: Why Don’t Banks Accept My Pre-Approval Letter?
I am currently working with a few Ventura County home buyers who have become extremely frustrated with banks (owners of properties) who require that the home buyer gets pre-approved by the bank’s lender. You see, my clients have been working ...
Buying A Bank Owned Home In Ventura County
In the first ten months of 2008, 1593 Bank Owned Homes have sold in Ventura County. The average days on the market for these bank owned homes were 49 days. Below is a break down of all homes, short sale homes, and bank owned homes sold in Ventura...
Difference Between Short Sales and Bank Owned Homes
Currently there are 3375 homes for sale in Ventura County. Of these, 901 are short sale homes and 569 of them are bank owned/REO homes (source: Ventura County MLS). The primary cause for the increase in short sales and bank owned homes in Ventura C...
Which Ventura County City Has The Most Foreclosures?
Ventura County, like many other areas of the country is witnessing the consequences of sub-prime lending. In Ventura County the notice of defaults filed increased from 1,059 in 2007 to 2,303 in 2008 (source: Data Quick). Each city in Ventura County ...
