Do I need to be certified to be an FHA 203k consultant? What does this "certificate" actually do for you as a contractor? Simply this - Contractors who display this certified 203K contractor from 203Kcontractors.com have actually gone through a course to learn about the FHA 203K program, their financial condition has been reviewed and approved by 203Kcontractors.com, and in general have proven they meet or exceed typical qualifications to maintain the certification.   Do I have to be certified? No, but you don't have to be licensed either, but sooner or later it will catch up with you. I recommend any and all contractors who want seriously to get busier using the 203K loan program get this certification. Paul Weldon who started this company is a dedicated young man that had an idea of h... 04/20/2013

Typically investors and people of money know the value of that money and the value of OPM. That is using Other People's Money (OPM).  Currently you may buy one home at a time and make $50,000 or hope to with each one. It takes you three months to complete the construction and then you sit on it as you attempt to sell it yourself. Trust me on this, a Realtor can sell it faster and you don't get any less profit. If you are the investor, the contractor, hiring the sub contractors, and the sales team. you are not so smart. I call that someone with dollars and no scense (cents). Think of it this way: you purchase one at a time now all cash... vs purchasing two or three per month with the same money. Instead of turning one each three months, you will turn three over in three months, then thre... 04/15/2013

Lompoc CA 2012 Mid-Year Condo Real Estate Market Update If you are considering selling your Lompoc Condo and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  If you are interested in buying a condo in Lompoc I will be happy to assist you and provide a list of available condos in this development and the surrounding Lompoc & Santa Maria-Orcutt area. Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), Short Sale & Foreclosure Resource (SFR), and Certified Distressed Property Expert (CDPE) serving the Santa Maria, Orcutt and Five Cities area of the Central Coast of California. * Based on the information from the Central Coast Regional MLS. The Association, th... 12/31/2012

Lots of foreclosure activity in the Lompoc homes market.  Compared to the beginning of the year in 2011, there was a 52% increase overall.   Average list price and sales price are still declining, with the average sales price declining 7.5%.  Days on market stayed flat at 90 days in the Lompoc real estate market; however, short sale bank approval is surely affecting this number as inventory continues to be low in most Central Coast markets and activity swift. If you are considering selling your Lompoc Home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  If you are interested in buying a home inLompoc I will be happy to assist you and provide a list of available homes in this development and the surrounding L... 08/10/2012

It s a Sunny Day in this Move in Ready Lompoc Home On Corner of Rucker Rd Near Mesa Oaks! Overview Maps Photos Description Neighborhood IDX Search $195,000 Single Family Home Main Features 3 Bedrooms2 Bathrooms1 UnitInterior: 1222 sqft Location 1403 Calle PrimeraLompoc, CA 93436USA To get updates on open home dates and other property events, please click the "Like" button below: Tni LeBlanc, DRE# 01871795 Mint Properties(805) 9389950tni@mintprop.comhttp://www.MintProperties.net        Listed by: Mint Properties Our recent listings 4 Bedroom, 3 Bath, 2448 Square Foot Elegant Home in Pacific Crest Estates in Santa Maria CA-- Short Drive to Vandenberg AFBUpgraded Home in Gated Renaissance Community in Inglewood CA - Hardwood Floors, Stainless Steel Appliances, Custom Office & Flagstone Pa... 07/17/2011

Lompoc CA Home Sales - Mid Year 2011 Real Estate Market Review     Lompoc CA Jan - Jun 2010 Jan - Jun 2011 Homes Sold 174 161 Average Sales Price $247,592 $227,638 Days on Market 50 79 $ per Square Foot $152 $134 Foreclosures 71 57 Short Sales 33 36 If you are considering selling your Lompoc home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  I specialize in short sales and distress sales.  If you are interested in buying a home in Lompoc, I will be happy to assist you and provide a list of available homes in Lompoc and the surrounding area.Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) serving th... 07/11/2011

Lompoc CA Home Sales Market Report - May 2011     Lompoc CA May 2010 May 2011 Homes Sold 26 28 Average Sales Price $253,816 $256,635 Days on Market 51 67 $ per Square Foot $154 $148 Foreclosures 8 8 Short Sales 8 2 If you are considering selling your Lompoc home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment.  I specialize in short sales and distress sales.  If you are interested in buying a home in Lompoc, I will be happy to assist you and provide a list of available homes in Lompoc and the surrounding area.Tni LeBlanc is an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) serving the Orcutt, Nipomo and the Five Citie... 06/15/2011

Lompoc 2011 January 2011 Real Estate Market January 2011 January 2010 21 Lompoc Homes 24 Lompoc Homes Average Sales Price $241,417 Average Sales Price $231,765 68 Days on Market 45 Days on Market $131 per square foot $153 per square foot 12 Lompoc CA Foreclosures 12 Lompoc CA Foreclosures 4 Lompoc Short Sales 4 Lompoc Short Sales •·        Single family detached. Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market. 02/20/2011

How Many Homes Were Sold in Lompoc in 2010?* It's the beginning of a new year, so many people are waiting anxiously to hear how many homes and condos were sold in Lompoc last year, what the average sale price was, and how it compared to 2009.  Here you go: 2010                                                    2009 321 Lompoc HomesSingle Family Detached 311 Lompoc HomesSingle Family Detached Average Sales Price $246,651 Average Sales Price $245,716 54 Days on Market 56 Days on Market $151 per square foot $153 per square foot 129 Lompoc Foreclosures REOs                  189 Lompoc Foreclosures REOs 61 Lompoc Short Sales   43 Lompoc Short Sales       53 Lompoc Condos, PUDSSingle Family Attached 55 Lompoc Condos, PUDsSingle Family Attached Average Sales Price $124,873 Average Sales Price... 01/11/2011

Lompoc Homes For Sale - Come see this Lompoc Delight! Overview Maps Photos Description Video Neighborhood IDX Search $169,900 Single Family Home Main Features 3 Bedrooms2 Bathrooms1 UnitInterior: 1613 sqftLot: 0.14 acre(s) Location 616 N. Z StreetLompoc, CA 93436USA To get updates on open home dates and other property events, please click the "Like" button below: Tni LeBlanc, DRE# 01871795 Mint Properties(805) 9389950tni@mintprop.comhttp://www.MintProperties.net Listed by: Mint Properties Our recent listings Buellton Home For Sale - Welcome to Wine Country!Lompoc Homes For Sale - Come see this Lompoc Delight! Subscribe to our listing feed Nearby properties for sale 12/04/2010

A Visit to the Lompoc Museum   Old Town Lompoc   Every now and again I like to pretend as if I am one of those people that has time on their hands.  I love visiting libraries and museums because it reminds me of my youth.  Both my parents were in education, so spending time in libraries feels so natural - the old books, the hushed voices, the attendants that can answer almost any dreamed of question.  As a busy professional, I rarely get time to do so.  But on Wed/nesday this week (after showing a few houses and snapping a few pictures for my blog), I decided to stop by the Lompoc Museum.  It is located at 200 S. H Street in Old Town Lompoc and housed in a building constructed with funds from the Andrew Carnegie endowment.  The building itself is a thing of beauty, (for people that love... 11/04/2010

Providence Landing: New Homes in Lompoc's Vandenberg Village   Providence Landing in Vandenberg Village, CA This week, Capital Pacific Homes invited local agents and REALTORS to an open house for their new community, Providence Landing, located in Vandenberg Village. It was a fun opportunity to tour their new home models again. During the behind the scenes private viewing, Capital Pacific revealed the new builder incentives they are offering buyers which include: Below market interest rates Design center credit Seller paid closing costs The model homes looked fantastic and the generous features offered ensure Providence Landing will remain a premier community in Lompoc well into the future. The six floor plans offered range from 1628 square feet to 3265 square feet, and prices ranged fr... 10/22/2010

Lompoc Luxury Foreclosure Real Estate Update           Looking at the luxury real estate market in Lompoc California, there are currently 29 homes priced above $400,000 with an average list price of about $592,000 and 145 days on market, and a median asking price of $499,000.  Looking at the luxury foreclosure market, there was only one active luxury foreclosure listing and there were 2 available short sales in Lompoc.  However, the sold data from the last 6 months creates a different picture, of the 16 luxury home sales, 1 was a foreclosure sale, and 6 were short sales.  So, luxury and estate home buyers in the Lompoc real estate market have an appetite for foreclosure and pre-foreclosure bargains.    La Canada Elementary in Lompoc CA   Overall, of sold luxury homes, the average list p... 10/20/2010

  Clarence Ruth Elementary School in Lompoc CA   Are you in the market for a condo in the Lompoc CA area? (93436) There are currently 37 condos (and PUDs) listed for sale in the Lompoc real estate market. The average asking price is about $152,000 and sellers are asking about $112 per square foot for condominiums. The lowest price is currently $72,900 and the highest price is $385,000. In the last 6 months, 30 condos have sold in Lompoc. The average selling price was about $137,000 with sellers getting 99.5% of their asking price and buyers paying $112 per square for a condo in Lompoc.         *Based on the information from the Lompoc Valley MLS. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maint... 10/13/2010

616 North Z Street in Lompoc, California, listed by Mint Properties Check out my new Lompoc listing! It's a deal at only $169,900. Cute as a button with matching red exterior doors. This exceptional home features a large family room addition off the kitchen for a great room effect and feel. Indoor laundry, large fireplace and slider access to the backyard. Formal living room off the entry and an informal dining area directly off the spacious kitchen. This home has three bedrooms and two updated bathrooms. Needs a little polish to bring it back to its prime - but the potential is definitely there. Modern touches and updates throughout.  Short sale subject to lender approval of terms. Call today for a private showing of this home. (805) 878-9879. 10/13/2010

Wondering what the market for home and condo foreclosures is like in Lompoc?* Here is your answer: Lompoc California foreclosure activity: There are 213 active and pending homes and condos in Lompoc currently. Of those 213 properties, 49 homes and condos are foreclosures and 80 are short sales. So, 60% of Lompoc inventory is either a bank owned property or a distress sale. The median asking price for an actively listed home is $245,000 with 68 days on market; for condos the median is $135,000 with 49 days on market. Looking back six months, there have been 227 sales in Lompoc with an average listing price of $235,353, and an average selling price of $234,060, so sellers are getting about 99.4% of their asking prices in Lompoc indicating that there is not much bargaining room for buyers ... 10/06/2010

1. Do What You Say - follow through, be a person of your word 2. Make it Easy - doing business with you should be easy and pleasant for others 3. Don't be a Pain in the Assets  - there's no reason to be difficult Dave Lindahl is a top real estate investor who has acquired over 7,000 apartment units and shows you how to create wealth (and a passive income stream) through investing in multi-unit apartment complexes.  He now mentors investors such as Sue Berg Nelson, the trainer here at the Wealth Building Conference.  She has acquired over 2,000 apartment units and shows how to do the same thing with her practical experience. Here's one diamond that I gleaned from Dave's training: "Look at your business like a CEO, not a Landlord!".  Why is that? Landlord's 3 "T's" are: Tenants Toilets Tr... 02/20/2010

What is an FHA loan? Essentially an FHA loan is a loan that is guaranteed by the Federal Housing Administration. Lenders typically do not want to lend on a home unless a buyer has a 20% down payment. Any loan with less of a down payment is viewed as risky. In the home buying context, risky means it has to be insured or guaranteed. So, if there is less than a 20% down payment, mortgage insurance is required. And, in today’s market unless you have a credit score of at least 720, you won’t be able to get mortgage insurance. And even then, you have to put at least 10% down. (I’ve heard that 5% down products are becoming available again though.) So, what do you do if you don’t have 10% down or don’t have a 720 credit score? Enter FHA. They fill a vital role in the market for first time buyer... 01/11/2010

There were a total of 400 homes sold in the Lompoc and Vandenberg Village areas in 2008. 346 were detached dwellings, and 54 were attached residences. Of the 400 sold, 226 were REOs (bank owned) and 31 were short sales. So, a total of 257 out of 400, or 64% were foreclosure related sales. Thus, the Lompoc market is thoroughly dominated by foreclosure activity; it is the primary force moving the market. On average homes sold for $278,000 with 78 days on market. Average price for REOs was about $234,000 with 48 days on market. Closed short sale average was about $286,000 with 112 days on market. So, short sales stay on the market over twice the amount of time as REOs, and this reflects the additional time needed to obtain lender consent to the sale. Currently, there are 128 active listing... 02/05/2009

Lompoc Valley February 2008 REO(Bank Own Properties) decreased from January 2008 to February 2008 from 20 REO sales to 13 REO sales gathered from information by Assessor's Parcel Number.   Accuracy of this data is not guaranteed.   Lompoc Valley revealed less REO sales changes compared to Santa Maria Valley.  Between Janaruy 2007 and June 2007 REO sales averaged 2.16 sales per month.  Between July 2007 and December 2007 REO sales averaged 7.6 REO sales.  Jan 07  REO Sales compared to Total SalesJan 07             1                                  2Feb 07             2                                  26Mar 07             5                                  38Apr 07             2                                  42May 07            1                                  34Jun 07             ... 03/28/2008