If you own a second home in Big Bear, you’ve probably considered jumping into the rental market. The Big Bear vacation rental market is one of the most active and lucrative markets in California. The City of Big Bear Lake currently has over 1,100 registered vacation rentals on the books and they estimate another 300 to 500 properties are operating “under the radar”. If you take into account the hundreds of vacation rental properties located outside of the city limits, the total number of rentals in the Big Bear … [Read more...]
Big Bear Real Estate – Finding A Place In Big Bear To Call Your Own, Part 1
Finding A Place In Big Bear To Call Your Own, Part One Once you’ve decided to look for a piece of Big Bear to call your own, the big question is “where”. Our valley has many different neighborhoods to choose from, each with their own unique look and feel. What may be a perfect area for one person might not work for someone else. It really depends on where you are in your life and what your goals are. For a first time buyer or a young family looking to purchase a home in Big Bear there are several great areas to … [Read more...]
Short Sales, Foreclosures, & Bank Owned / REO Properties – What’s The Difference?
I received a question last week on Trulia.com asking about the difference between a bank owned property and a foreclosure. These terms can be confusing to those who are not in the business, and even for some of us in the business. Here's a short video explanation of the differences between bank owned properties, foreclosures, and short sales and how they are all related in the end. Feel free to add comments or ask me any questions. [viddler id=6a9e0eb6&w=437&h=368] … [Read more...]