Westlake Village, Ca Real Estate - Find a Black Friday Bargain in Real Estate! While thousands of people will be out shopping the retail stores this coming Friday, BLACK FRIDAY, scavengering for bargains, sales, reduced prices, FREE STUFF and killer deals,I know some home buyers who will be out looking for a Black Friday bargain in Real Estate!
In the Conejo Valley (Westlake Village, Thousand Oaks, Agoura Hills, Oak Park and Newbury Park) alone there are 69 active Short Sales listed. Short Sales do take longer to close, but they aren't nearly as difficult as they were last year. Loss mitigation representatives employed by the bank to handle the properties are more experienced now and real estate agents understand the process and the pitfalls now. This makes the process move faster and smoother. I just heard of a short sale that was approved in six weeks! That's record time compared to one I managed last year that took six months to close.
In the Conejo Valley (Westlake Village, Thousand Oaks, Agoura Hills, Oak Park and Newbury Park) alone there are four active REO Properties listed. What is an REO? It is a property that has been through the foreclosure sale and has been taken back over by the bank. We also call these properties Bank Owned properties. Watch out! These properties go fast! You've got to be out there the first day it comes on the market and ready to pull the trigger! Usually you will be in multiple offer scenarios with counter offers going out to the strongest and highest offers. Talk about BLACK FRIDAY mania... this is definitely it!
In the Conejo Valley (Westlake Village, Thousand Oaks, Agoura Hills, Oak Park and Newbury Park) alone there are 25 attached properties. These are townhomes and condos ranging in price from $106,000 in Thousand Oaks to $849,000 in Newbury Park.
In the Conejo Valley (Westlake Village, Thousand Oaks, Agoura Hills, Oak Park and Newbury Park) alone there are 44 single family homes. These are detached, stand alone properties sitting on their own lot. The listing prices range from $270,000 in Newbury Park to $2,160,000 in Lake Sherwood, Westlake Village, Ca.
For all of you BLACK FRIDAY bargain home buyers... In the Conejo Valley (Westlake Village, Thousand Oaks, Agoura Hills, Oak Park and Newbury Park) alone there are 20 listings at $400,000 and below.
While our inventory is definitely low in comparison to a few years ago, there are still terrific properties being sold every day! Remember, I only gave you Conejo Valley statistics. If you want to spread out to Camarillo, Simi Valley, Moorpark, Calabasas or the San Fernando Valley, there are some fabulous properties in these areas as well.
So are you ready for BLACK FRIDAY in Real Estate? It's going to be a great day in Westlake Village, Ca Real Estate.
Westlake Village, Ca Real Estate - Will it be a Glove or a House? Which would you buy for a whopping $350,000? Michael Jackson's shimmering white rhinestone studded glove he wore when he premiered his very first moonwalk dance in 1983 was auctioned off yesterday .... and the final bid? SOLD for $350,000 plus tax and auction house fees. The final sale? $420,000! Who was the bidder? 36 year-old Hoffman Ma from Hong Kong.
It is certainly interesting to see what can be bought for the price of a fixer-upper in the Conejo Valley, Westlake Village, Ca. I have first-time buyer's in escrow at present for a 1500 sq. ft. Camarillo townhome they are buying close to this price. This townhome will need the ceilings scraped and finished, a new dishwasher, some updating and cleaning, but my clients were thrilled when I told them their offer was accepted in a multiple offer scenario! I can only imagine their feeling of thrill was the same feeling Hoffman Ma felt when he was awarded "the glove."
In Westlake Village, Ca Real Estate, you could consider yourself VERY lucky if you found a fixer upper single family home for $350,000-$420,000. There are definitely condos and townhomes in this price range. Some bank owned properties, some short sale properties and of course, there are still regular sales happening. But in this price range be prepared for multiple offers! In surrounding areas around Westlake Village, Ca Real Estate, such as Thousand Oaks, Agoura Hills, Oak Park, Newbury Park, Wood Ranch, Simi Valley, Moorpark and Camarillo you can certainly find fixer-upper single family homes in this price range.
Did I mention multiple offers? Michael Jackson's glove was only expected to sell between $40-$60,000. As bids for Michael Jackson's glove kept going up during the auction it was noted that fans were squealing and there was frenzy in the air! Well, when we sell properties in Westlake Village, Ca Real Estate in multiple offer scenarios, there might not be squealing but there is definitely a feeling of frenzy as agents and buyers work their offers to negotiate the winning offer! In this market there are many investors submitting "all cash" or "50% down" offers which places the FHA buyer at a disadvantage. Sometimes it takes offering two or three times with an FHA buyer to get a property. But there is always a happy ending if you persist!
I am happy for Hoffman Ma. He offered on something of value to him and got it! AND I am especially happy for the clients that I help get what they want.... HOME OWNERSHIP! This is a terrific time to buy a home, whether you are a first-time buyer, investor, downsizing buyer or moving up buyer! Interest rates are at an incredible ALL-TIME low and values are affordable. It's a great day in Westlake Village, Ca Real Estate!
Foreclosures, Westlake Village, Ca - New Wave of Foreclosures looms ahead per the latest news in USA Today's November 19th article by Stephanie Armour. She states there are about seven million properties that are destined to go into foreclosure, according to a September study by Amherst Securities Group compared to 1.27 million properties in 2005. If this is true, we are going to have a huge onslaught of short sales and bank owned properties on our hands.
The foreclosure process is a very slow process. It can takes months to get to the foreclosure sale from the initial default on the loan. Why?
Foreclosures, Westlake Village, Ca
Foreclosures, Westlake Village, Ca If you or someone you know is in default and facing foreclosure, it's good to speak to a professional who can help you see your options. Many homeowners who are in default are in denial as well. Knowledge is power and acting on good knowledge will help the decisions work in your favor. Foreclosures, Westlake Village, Ca. To read the USA Today article visit: http://www.usatoday.com/money/economy/housing/2009-11-19-shadow19_ST_N.htm
Conejo Valley Real Estate Facebook Page is up and running and provides information about real estate in the Southern California region called Conejo Valley!
The Conejo Valley consists of the cities of Westlake Village, Agoura, Agoura Hills, Oak Park, Thousand Oaks, and Newbury Park. The Conejo Valley is located about nine miles inland between Santa Barbara and Los Angeles.
Become a fan of Conejo Valley Real Estate Facebook Page today! You will receive daily updates about market conditions, new listings, real estate news and mortgage rate changes!
A recent survey taken by the National Association of Realtors gives some terrific insight into how home buyers are finding homes in this market.
After surveying 9,138 home buyers, the results came in as follows:
On the average, home buyers searched for approximately 12 weeks before buying and viewed approximately 12 homes before finding the one they bought.
36% said they found their home through their agent and
36% found their home via the Internet.
12% found their home via a yard sign and
6% found their home via a friend, neighbor or relative.
5% found their home via a builder.
3% found their home via a print or newspaper ad.
2% found their home directly from a seller. And less than
1% found their home via a real estate book or magazine.
About 90 percent of home buyers responding to the survey said they used the Internet to assist their home search, 87 percent said their agent assisted the home search, 59 percent used yard signs, 46 percent attended open houses, and 40 percent viewed print or newspaper ads.
This survey definitely speaks out that the Internet is playing an important role in a home buyer's home search in this market which is why Realtors need to be on it. Where are home buyer's finding homes in this market? Most of them are starting with Internet searches and having their agent's assist them with the search.
The one thing home buyers need to remember and understand is, often there are "pocket listings" an agent will know about that are not listed on the Internet. Also there are listings that might be coming up within a Realtor's network that could be a perfect match! An agent's professional advise and guidance can save home buyer's from making grave mistakes.
After all, this is one of the biggest decisions a home buyer will make.... it's worth doing it the right way... with a Realtor!
Specializing in Residential Real Estate in Westlake Village, North Ranch, Sherwood, Calabasas, Thousand Oaks, Newbury Park, Agoura Hills, Oak Park, Wood Ranch, Simi Valley and surrounding areas.
I have been a resident of the Conejo Valley for 28 years. I am a full-time Real Estate Professional, Corporate Relocation Specialist, Accredited Buyer's Agent, Senior Real Estate Specialist and e-PRO designated. I have experience with short sales, foreclosures, bank owned properties and getting difficult listings sold. Troop Real Estate, Inc. was founded in 1987 with the goal to create an environment of independence, professionalism and accountability for Realtors. It continues to be a company that is able to meet the most stringent demands of each and every client with their real estate needs. Built upon a foundation of integrity, energy and drive, it never wavers in the goal to achieve 100% client satisfaction. With each transaction we strive to set the standard for superior customer service. We will provide the expert support and guidance that a client deserves, while working for them to achieve the highest level of results possible. At Troop Real Estate, we pledge to continually exceed your expectations through an unwavering commitment to honesty, integrity, knowledge and innovation. I am a tech-savvy agent familiar with multiple avenues of communication and internet real estate solutions such as phone, email, text messaging, blogging, MLS Client Portal sites, individual property websites and virtual tours. I am also adept in video and audio applications to enhance my listings and communication. Specializing in Residential Real Estate Professional, Corporate Relocation, First-Time Buyers, Senior Real Estate Specialist, Accredited Buyer's Agent, e-PRO certified. As a seller's agent I specialize in using the arts of staging and feng shui to produce the best results for my clients.
Giving back to this wonderful community is a big part of my business plan. I volunteer for community efforts such as the Ambassadors of the Thousand Oaks/Westlake Village Chamber of Commerce, welcoming new businesses into the community. I have also served as a volunteer for Junior Achievement at Westlake High School. This is an organization that helps open the minds of young people to their skills, interests and values and connects them with career paths to ensure their success in a global economy. Manna Foods is a cause I passionately promote. I also serve on the Professional Standards Committee at the Conejo Valley Board of Realtors and as a mentor to new agents at Troop Real Estate.
Professional Affiliations
Designations 
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Volunteer and Community Involvement
Other Interests
Residential Real Estate I work with buyers and sellers in the Conejo Valley and surrounding areas. Short sales, Bank owned foreclosures, corporate relocation, first time buyers, and transitioning buyers and sellers. I can provide home buyers with a full service. For sellers, I provide a customized marketing system to assist you in differentiating your home from others in your marketplace. Aggressive marketing, creative advertising, a system to capture buyer interest in your home. Getting your home sold in the quickest amount of time and for the maximum price the current market will bear is my goal....if that is your goal, too, then call me today!
We first decided to use Cheryl in September 2006 when we decided to lease a home in the Westlake Village area after relocating from Florida. Cheryl was extremely helpful in teaching us about the area and was always available to take us around to view new rental listings. She jumped right on a new listing knowing it would be exactly what we were looking for...and she was right. We leased the home the first day it was listed. Cheryl kept in touch with us and one year later we decided to stay in the area and purchase a home utilizing Cheryl once again. We are the first to admit that we are very difficult home buyers looking at more than 100 homes over the past year with Cheryl. During this whole time she has been cheerful, accommodating, and seriously concerned with doing whatever is in our best interest. We finally found a home we were interested in putting an offer in on and went into escrow. During that time the economy really took a turn for the worse and the lending terms were changed making it impossible to receive the loan we were originally approved for. All though owner financing was available we decided to back out of sale because of the situation with the financial institutions. Cheryl really went to bat for us and made sure we received a full refund on our deposit. As the search continues we will remain loyal clients of Cheryl Clayton and refusing to work with any other realtors. She has proven herself to be loyal, dedicated, hard working, caring and professional with us in every way...she has become a true friend. We highly recommend Cheryl to anyone seeking to buy or sell a home. She truly has her client's best interests at heart...and this is a trait that is no longer common in a world where people put making a dollar before anything." - Amy Baran
Great Results, Personable, Expert - Rich Ermolovich, Thousand Oaks
We met Cheryl through the internet and feel very lucky to have found her! She helped us find this wonderful townhome for our daughter. The communication and guidance we received through the entire process from start to finish was invaluable to us! Do yourself a favor and use Cheryl! She's great! - Andy Fong, Wood Ranch
Cheryl's non-stop, creative approach to promoting and marketing my home, got it sold in a cooling market! I recommend her highly to anyone who wants an aggressive Realtor who will get the job done right! -Ean Riley, Camarillo
Buying my first real estate property using Cheryl as my realtor was definitely one of the best decisions I have made. As a first time buyer, everything regarding the process was entirely new. Cheryl expertly guided me through all the aspects of the transaction, making sure I was on track at all times. On top of being highly professional, Cheryl is just a wonderful person. Even after the purchase of my property completed, Cheryl has kept in touch from more than just a typical sales-person, but as a friend. I strongly recommend Cheryl as a realtor! - Ronnie Du, Simi Valley
Cheryl did a fantastic job of finding the perfect home for our family and helping us move into our home. Her continued support and friendship helps us achieve our goals and we look forward to working with her again. - Bill Egan, Newbury Park
We feel very lucky to have had Cheryl represent us with our home purchase. We must have looked at over 15 homes before we found the perfect one for us. She was professional and informative from start to finish. Cheryl has not only become our realtor, but a part of our family. We highly recommend her. - Mike and Maya Tabbara, Wood Ranch
This was not our first time buying a home, but it was our first time buying a home with Cheryl as our realtor. We were so impressed with the way she stayed on top of the transaction at every turn. We had been searching for the right home for our family for quite some time and Cheryl helped us find it! We love our new home and we recommend Cheryl to anyone who wants a great realtor who is responsive, professional and on top of her game! - Steve and Michelle Moore, Thousand Oaks
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