More and more short sales are getting approved in the Big Bear real estate market these days. Banks simply don't want to take a property back and by completing a short sale the banks save time, money, and they get the property off their books. As a seller, you avoid the stress of a lengthy foreclosure process and you can preserve your credit rating. What is a Short Sale? A short sale is a procedure in which the borrower is allowed to sell the property for an amount less than which is owed in order to avoid … [Read more...]
Secrets to a Successful Big Bear Short Sale: The Application Process
May 20, 2009 by Leave a Comment
Moonridge Is The Location Many Buyers Prefer.
May 19, 2009 by Leave a Comment
There are many reasons buyers pick Moonridge as the location they want to own a primary or second home. Maybe it's the proximity to Bear Mountain Ski Resort, the Moonridge Zoo, the Bear Mountain Golf Course, Snow Summit, Shopping Centers, Restaurants and the National Forest. Moonridge truly has it all, it might be the abundance of tall Pinion Pines, or the mountainous terrain that let's them know they are not in the city. Many Moonridge locations have ski slope views or lake views that are not available in other … [Read more...]
Big Bear Real Estate Fast Facts 5/14/2009
May 15, 2009 by Leave a Comment
Big Bear Real Estate Fast Facts: 905 Active residential listings valley wide / only 49 (5.4%) of these are Bank Owned REO properties. Big Bear is not a foreclosure mecca, but there are some great deals to be found. Inventory is down from 2008 and holding around 900 for the last 30 days. This is usually a time of the year when the inventory naturally increases for the summer months ahead. 126 Pending sales in escrow / 40 (31.7%) of these are Bank Owned REO properties. Surprisingly, only 21 of these are short … [Read more...]
