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Tye & John Watson - Santa Cruz Real Estate (831)428-3296

Santa Cruz Real Estate Market - Short Sale & REO

2012 is full of promise and while we still have a big inventory of short sales and bank owned properties for sale we are experiencing many successful closings.

2011 didn't surprise most of the real estate practitioners in Santa Cruz. The Santa Cruz real estate market was steady throughout the year. Short sales and bank owned homes were prevalent in our real estate market. Many banks refined their systems in 2011 and are working to expedite the short sale process. Our office in particular has worked with a number of sellers in short sales and successfully closed nearly 100% of the transactions.

In the past three months we have become familiar with what is called a Cooperative Short Sale. The Cooperative Short Sale process consists of the seller or agent contacting the bank directly about the desire to short sale. Specifically the Cooperative Short Sale is requested when an offer has not yet been obtained and in our case the properties weren't yet listed for sale. The bank pays for a fee appraisal, a broker price opinion, then sets their suggested listing price. The sellers and listing agent are given a minimum of 120 day marketing period. During the 120 marketing the price reductions are made at the discretion of the bank approximately every three weeks. In the event the property doesn't sell the seller agrees to a Deed In Lieu of Foreclosure. In all three of the listings we've had offers have been obtained and two of the three received bank approval within a few weeks.

We believe that the Cooperative Short Sale will continue to be a viable option to homeowners that have had a hardship and need to sell their home. As in the past, homeowners are advised to first speak to a real estate attorney to determine if short sale is the best option for their individual circumstances.

Santa Cruz County Short Sales

Bank Owned Homes for Sale

Options to Foreclosure

Starting Your New Year Off with a BANG

Goal Setting in the NEW YEAR
Click link to view this months Item of Value– Good Stuff- Really

It’s that time of year again, when we begin to think about the future and what we’d like to accomplish in the New Year. Clearly defined goals are vital to creating the life that you imagine.

Setting goals can be an intimidating process for many. However, the information I’m sending you this month explains how to create feasible and measurable goals that will drive you forward and help you achieve your dreams. While the first page explains how to set SMART goals through visualization, page two offers suggestions to help you overcome the common obstacles to achieving your goals. Feel free to share this useful information with your family or friends.

Oh, by the way … if you know of someone who would appreciate the level of service we provide, please call us with their name and business number. We’ll be happy to follow up and take great care of them.

Santa Cruz County Homes For Sale

Happy Holidays from the Watson Family

Aptos Real Estate

This is truly a special time of year and our family wishes your family all the best for the holiday season and the new year!

Be joyful, enjoy the time with family and friends, and give back to your community in any way you can not just during the holiday season but year-round. And don't forget to dance!

Santa Claus is coming to Aptos

Aptos Real EstateBring your kids and pets to Century 21 LAD Realty

FREE photos with Santa on Saturday

December 3rd from 10am-1pm.

We will have refreshments and glitter tattoos.

Century 21 LAD Realty has been in Aptos for 35+ years and has a great staff of agents ready to serve the home buying and selling needs of the community of Aptos and all of Santa Cruz County.

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It's that time of year again... Haunted homes in Santa Cruz

Haunted Homes in Santa Cruzhomes in santa cruz

Many homes in Santa Cruz are preparing for the arrival of little ghosts and goblins on Halloween. You can bet our 12 year old goblins are ready for trick or treating at homes in Santa Cruz. Our favorite spot is the neighborhood around Westlake pond. Many homes around the Westlake pond in Santa Cruz are decked out, some complete with haunted houses, and scary ghouls to meet you at the door. We make a day of it with pumpkin carving, a little dinner and then out for a little trick or treating.


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