Sugarloaf (Big Bear Lake, CA)
By Carol Neu, SFR, RCS-D - Big Bear Foreclosures
(Evergreen Realty)
If you want a wonderful place to get away, with all the conveniences, this is it! It's ready for occupancy, with new paint and carpet.  About 1275 square feet on a 5000 square foot lot and a 2 car attached garage.  All appliances are included.  To hear 24/7 recorded info and see additional photos please call (877) 566-5811 Ext 1002 from your cell phone.
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By Carol Neu, SFR, RCS-D - Big Bear Foreclosures
(Evergreen Realty)
This lovely 2 Bedroom, 2 Bathroom Dutch Gambrel had an accepted offer before I could get the sign up! It is charming inside, offers a 2 car garage, which is fabulous in Big Bear.  And the location!!!  It's on a dead end street and faces a canyon. I listed it last Wednesday, had an offer on Sunday and opened escrow the following Thursday with an all cash offer! I think the market's heating up! Here's the virtual tour: http://www.exite-listings.com/etour.html/TOURID/60878  
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By Carol Neu, SFR, RCS-D - Big Bear Foreclosures
(Evergreen Realty)
This cabin is everything you could ever want in a vacation cabin.  Hang out with the bears on the porch of this log sided gem. Watch the birds and the squirrels in this xeriscaped garden that is all about easy, low maintenance and water. needs.           The River rock fireplace is an amazing focal point of this open living room with cathedral ceilings.   There's plenty of room for the whole gang in this eat in kitchen. There are two bedrooms and two bathrooms, perfect for you and your guests. There is no shortage of privacy in the cedar fenced back yard complete with deck and BBQ. And lets not forget that you can get out of the snow in this great garage.   For 24 hour recorded info, call 800-961-6706 ext 7790 Click Link for Virtual Tour, flyer more info: http://www.exite-listings.com/e...
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By Tony Card, Your Big Bear REO Specialist
(Keller Williams, Big Bear Lake, CA)
There isn't a day that goes by that I'm not on the phone talking to clients about Short Sales.  Today's buyers spend a lot of time on the internet looking at cabins for sale in the Big Bear area before they ever come up and look around.  Between the bank owned, REO properties and the Short Sales, the buyers are seeing some very attractive prices.  One question that is asked more and more is what a Short sale is, and how is it different from a bank owned property? Because I'm asked that question so often, I thought it would be good to take a look at the differences between the REO property and the Short Sale.   What Is An REO Property? REO stands for Real Estate Owned or simply put, a bank owned property.  The banks have been overwhelmed with foreclosures and have become the owner of a l...
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By Tony Card, Your Big Bear REO Specialist
(Keller Williams, Big Bear Lake, CA)
It seems that everyone is doing Brokers Price Opinion's for the banks these days.  Unfortunately, I just recently lost one of my short sale listings to the bank.  What was sad about this situation was that I had a very good offer on this property to begin with.  Once the offer was presented to the bank, the BPO was ordered and the process began.  In just a few short weeks, the bank came back with a surprising response.    Based off of the numbers that came in from the BPO, this bank felt that the property was worth more than the offer.  The only way that they would eccept the offer if the seller contributed $6,000.00 to the deal.  Now, I feel very comfortable with my knowledge of the inventory in this part of Big Bear and was surprised with the stand that the bank was taking. There was ...
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By Tony Card, Your Big Bear REO Specialist
(Keller Williams, Big Bear Lake, CA)
The question, My home is not worth what I owe, can I short sale it is asked quite frequently in today's market.  In the past, most home owners had a tremendous amount of equity in their homes. Things would come up and they pulled the money out for one reason or another.  Many of them are now in a situation where they owe much more on their home than it is worth in the current market.  But just because you owe more on the home than it is worth, that alone does NOT automatically qualify you to short sale your home. What is a Short Sale? A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's Loss mitigation department. The home ow...
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By Tony Card, Your Big Bear REO Specialist
(Keller Williams, Big Bear Lake, CA)
As long as I've been selling Real Estate in Big Bear, land has always sold well.  It was not unusual for the neighbors to start calling in as soon as the sign was placed in the ground.  In a lot of cases, the neighbor would jump at the opportunity to buy the land next door.  He may have wanted it for a expansion, maybe a garage, or just so no one could build next to him.  It didn't matter, land sold and it sold quick! That was until this year.  Very little land is selling in the Big Bear Valley. The land that has sold this year was sold at a substantially reduced price.  In 2006 a total of 365 parcels of vacant land were sold in the Big Bear Valley.  As of today, September 17, 2008, there have only been 56 sales of vacant land. What does this mean for you the consumer?  It means much l...
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Big Bear Lake, CA Real Estate Professionals