Real Estate Blog

The Funk Zone

The Funk Zone has become energized with many new areas of art, wine and restaurants. I happened by the Santa Barbara Art Foundry on Sunday and was quite cordially asked to come in and look around. It has some amazing pieces of bronze and well worth the visit. The owners will be glad to give a guided tour of the...

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The Come Back Buyer

"The Come Back Buyer" How Long Do Buyers Need to Wait Before They Can Become Home Owners Again?   Summit Funding has been nice enough to share this information. CONVENTIONAL  CHAPTER 7 BK 4 YRS FROM DISCHARGE DATE CHAPTER 13 BK 2 YRS FROM DISCHARGE DATE 4 YTS FROM DISMISSAL DATE FORECLOSURE 7 YRS FROM RECORDED DATE SHORT SALE 2 YRS - 80% LTV 4 YRS - 90% LTV 7...

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AIA Santa Barbara tour: low-income design, affordable rentals

AIA Santa Barbara tour: low-income design, affordable rentals AIA Santa Barbara tour: low-income design, affordable rentals Casa de los Fuentes in downtown Santa Barbara consists of 42 affordable rental units. (Peikert & RRM Design Group) In a fresh take on home tours, the American Institute of Architects' Santa Barbara chapter has organized an event Oct. 5 highlighting low-income housing as...

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Rising Rates Prompt Cash Buyers to Act

While higher mortgage rates have been blamed for the slowdown in pending home sales, they may be contributing to an increase in cash purchases, RealtyTrac suggested in a recentreport. In July, about 40 percent of residential property sales were all-cash transactions. The share presents an increase from 35 percent in June and 31 percent compared to July 2012. Dallas experienced...

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