Archives: February 2011

Upper Seaside Corner Lot with Room for Entertaining!

1898 Napa Street, Seaside

 Approx. 1,080 Sq. Ft.
3 Bedrooms, 2 Bathrooms
List Price: $234,900
MLS#: 173966

You’re sure to appreciate this 3 bedroom, 1.5 bathroom home located on a corner lot in upper Seaside. Adding to the appeal of this home is hardwood and tile flooring, a spacious living room, brick fireplace, eat-in kitchen and a two car garage. In the backyard you can find a nice sized patio for ease in entertaining. For an audio tour, call 800-479-6350 x18981. For a tour in Spanish, please call 800-479-6350 x18982.

Click Here for More Information & Photos of this Listing!

 

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
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Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

Lake Naci News – February

Lake Nacimiento State of the Market Report

Properties SOLD in Lake Nacimiento in 2011

4195 Hackney Way, Paso Robles – Single Family, Sold for $115,000 on 02/11/11
4583 Tumbleweed Way, Paso Robles – Single Family, Sold for $140,000 on 02/01/11
4943 Pretty Doe, Paso Robles – Single Family, Sold for $157,000 on 01/12/11
4610 Fishermans Court, Paso Robles – Single Family, Sold for $225,000 on 01/28/11
2438 Captians Walk, Bradley – Single Family, Sold for $287,500 on 01/04/11
3112 E Beach Circle, Bradley – Single Family, Sold for $368,300 on 01/28/11
2852 Lands End Road, Bradley – Single Family, Sold for $450,000 on 01/28/11
3640 Delaney Place, Paso Robles – Vacant Land, Sold for $20,000 on 01/07/11
144 Timberline Drive, Paso Robles – Vacant Land, Sold for $52,000 on 01/19/11

Properties Currently UNDER CONTRACT in Lake Nacimiento

5029 Meadow Lark, Paso Robles – Single Family, Currently Listed For $196,900
5125 Bluebird Lane, Paso Robles – Single Family, Currently Listed For $139,900
2616 Pinto, Paso Robles – Single Family, Currently Listed For $155,000
2334 Lakeview Drive, Bradley – Single Family, Currently Listed For $185,000
2441 Captains Walk, Bradley – Single Family, Currently Listed For $189,050
4739 Meadow Lark, Paso Robles – Single Family Currently Listed For $215,000
2660 Pine Ridge Road, Bradley – Single Family, Currently Listed For $215,900
2512 Shoreline Road, Bradley – Single Family, Currently Listed For $270,000
1933 Brook Lane, Paso Robles -Single Family, Currently Listed For $291,000
9949 Flyrod Drive, Paso Robles – Single Family, Currently Listed For $345,000
9140 Windmill Road, Paso Robles – Single Family, Currently Listed For $370,000
4567 Tumbleweed Way, Paso Robles – Single Family, Currently Listed For $148,400
1948 Willowbrook Lane, Paso Robles – Single Family, Currently Listed For $159,900
4635 Tumbleweed Way, Paso Robles – Single Family, Currently Listed For $199,900
4777 Tumbleweed Way, Paso Robles – Single Family, Currently Listed For $259,900
2995 Bonanza Lane, Paso Robles- Mobile Home, Currently Listed For $116,000
3087 Bridle Trail, Paso Robles – Mobile Home, Currently Listed For $199,000
4611 Windward Way, Paso Robles – Mobile Home, Currently Listed For $76,500
3121 Gray Fox, Paso Robles – Mobile Home, Currently Listed For $99,900
4423 Longview, Paso Robles – Mobile Home, Currently Listed For $110,000
14440 Chimney Rock Road, Paso Robles – Mobile Home, Currently Listed For $185,000
Interlake Road, Paso Robles – Vacant Land, Currently Listed For $90,000
4625 Smugglers Point Lane, Paso Robles – Vacant Land, Currently Listed For $64,900
2275 Big Bear Circle, Paso Robles – Vacant Land, Currently Listed For $75,000
5775 Aluffo, Paso Robles – Vacant Land, Currently Listed For $189,000

Prices Just REDUCED this month in Lake Nacimiento

3122 E Beach Circle, Bradley – Single Family, 3 Bed/ 2 Bath, Currently Listed For $469,900
2372 Rough Road, Bradley – Single Family, 3 Bed / 2.5 Bath, Currently Listed For $359,000
2188 Ridge Rider Road, Bradley – Single Family, 4 Bed / 3 Bath, Currently Listed For $325,000
1978 Greenbrook Lane,  Paso Robles – Single Family, 3 Bed / 1.5 Bath, Currently Listed For $250,000
1931 Wild Rice Lane, Paso Robles – Single Family, 3 Bed / 2 Bath, Currently Listed For $270,000
4689 Silver Saddle,  Paso Robles – Single Family, 4 Bed / 2.5 Bath, Currently Listed For $259,000
4799 Pintail Ave,  Paso Robles – Single Family, 3 Bed / 2 Bath, Currently Listed For $265,900
2421 Sandpiper,  Paso Robles – HUD – Planned Unit Development, Currently Listed For $90,000
9903 Flyrod Drive, Paso Robles – Vacant Land, 1.19 Acres, Currently Listed For $155,000
9940 Bluegill Drive, Paso Robles – Vacant Land, 1.00 Acres, Currently Listed For $149,000
3126 Bridle Trail #3, Paso Robles – Vacant Land, 0.151 Acres, Currently Listed For $79,900

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website
Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

View Our Live Web Cam and the Lake Levels Report on Lake Nacimiento!

You’ve heard many great things about life on Lake Nacimiento from friends, family or searching online for vacation spots in Central California, but you haven’t had a chance to visit.  Now you can without ever leaving your home!  Our Lake Nacimiento web cam allows you to take in views of this beautiful lake and get a glimpse of what make this area such a great place to vacation or even settle in long term!

If you already are a resident of Lake Nacimiento, this is a great tool for you as well.  You can determine whether the lake is calm, if there are a lot of people out enjoying boating and skiing, and if you want to venture out for a day on Lake Nacimiento!

Our web cam refreshes the image every three seconds; so you’ll always have an up to date view of Lake Nacimiento!


Interested in the Lake Nacimiento water levels? We’ve teamed up with the Monterey County water resources to provide you with access to the lake levels report!  View the Lake Nacimiento lake levels report.

As a Lake Nacimineto Real Estate agent, my goal is to provide you with as much information about life in the gated Oak Shores or Heritage Ranch communities on Lake Nacimiento.  If you have questions regarding Lake Nacimiento, or are interested in buying a home in Oak Shores or Heritage Ranch; please let me know!

I would be happy to take you on a tour around the lake and show you the homes that are currently available on Lake Nacimiento.  With a wide variety of styles, lake views and price ranges; you’re sure to find a home to fit your needs and lifestyle.  Whether you’re looking for a permanent residence or just want to spend your vacations relaxing on Lake Nacimiento; you’ll be glad you chose the Oak Shores or Heritage Ranch community! I look forward to hearing from you!

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

Top Questions about Buying a Distressed Property on Lake Nacimiento Answered!

Looking to buy a home on Lake Nacimiento?  You may have already started the beginning stages of searching for a home in the gated Oak Shores or Hertiage Ranch communities on Lake Nacimiento online; which is a great way to start!  If you searched for available homes on Lake Nacimiento; you’ve probably come across some certified distressed properties and have wondered if buying a short sale or foreclosure home is the right move for you.

Before you completely discredit buying one of these homes because you’re not sure how it all works; I’d encourage you to continue reading!  can be very rewarding!  It’s important to know what type of home buying process you’re getting into, and to make sure you have found a Buying a short sale or foreclosure home on Lake NacimientoLake Nacimiento Real Estate agent who is an expert in dealing with distressed properties.  This will make the process of buying a short sale or foreclosed home a much smoother and stress free process!

Below are a few of the questions you may have regarding a buying a distressed property on Lake Nacimeinto.

What are the advantages of buying a distressed property on Lake Nacimiento?

– The first advantage is that you’ll be buying a home from a highly motivated seller.  Whether it’s bank owned, or the seller is just trying to get out from under their mortgage; the emotions of the sale are lessened and the main goal is to make sure the home is sold.  You’ll also find the price to be a great deal for the home!  You’ll notice that foreclosed homes on Lake Nacimiento in Oak Shores and Heritage Ranch are the best deals because lenders are anxious to get them off their hands and their books.  A short sale will still be very reasonably priced, and the chances of the home being in great condition are good because the home owner wants to make sure buyers see it as move-in ready.

What are the disadvantages of buying a distressed property?

– Because they are so well priced; many buyers are interested in these properties on Lake Nacimiento so competition can be a big factor.  Another disadvantage is that foreclosed properties oftentimes need a lot of TLC.  Being willing to roll up your sleeves and do some work on these great deals will pay off in the end!  You’ll also find that the short sale or foreclosed home buying process can be a much longer process.  Be prepared for a lot of paperwork and hoops to jump through.  However, having a certified distressed property Lake Nacimiento Real Estate agent on your side will be very beneficial.  They’ll know exactly what you’re likely to face and will understand how to deal with any situation that arises.

Are there any tips for buying a distressed property?

– Yes!  Although it may seem like a more challenging process, there are things you can do to make the process run smoothly.

  1. Be sure to get a home inspection before you make an offer or put down any money!  Even though many banks will sell a foreclosure “as is”, and short sales don’t offer much in the way of making repairs before you purchase; you’ll have an idea of what you’re getting into.  You want to be fully aware of any issues with the house prior to buying so you know how much additional money you will need to put in the home.
  2. Get preapproved!  This is vital in speeding up the home buying process.  Not only do banks and sellers want to know you have your financing in order and are fully ready to buy; the stiff competition for these homes warrants the need to be prepared.

What type of loan should I get for buying a distressed property?

– If you’re a first time home buyer; a Federal Housing Administration (FHA) loan may be the type of loan you want to choose.  They offer programs that help you with a home that needs major repairs.   They also only require 3.5% down as opposed to the typical 20% down on a new loan. Your Lake Nacimiento Real Estate agent will be able to walk you through this process and help you determine which type of loan is right for you.

I hope these answers help you as you consider buying a short sale or foreclosed home on Lake Nacimeinto!  Of course this is an overview, and I would be happy to discuss this process more in depth with you or answer any other questions you may have.  Feel free to contact me today to get started!

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

Lake Naci News – February

Lake Nacimiento Weather and Water Update:

Lake Nacimiento’s levels are currently at 54% and an elevation of 764.35 with a total of 11.39 inches of rain fall so far this year. Weather reports are also predicting mid to late February be wet.

So do your rain dance!

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website
Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

Foreclosure Update – February 2011

Reversing a four month declining trend, Notice of Default filings rose 6.9 percent month-over-month in California, while Notice of Trustee Sale filings dropped 13.8 percent from the prior month. Foreclosure filings year-over-year show only mild change, with Notice of Default filings down 3.3 percent and Notice of Trustee Sale filings slipping just 1.4 percent from January 2010. Foreclosure sales skyrocketed from December, with 51.5 percent more sales Back to Bank and 52.8 percent more properties purchased by Third Parties, typically investors. Cancellations were up as well, rising 12.4 percent this month as compared to last which was the first time in six months that cancellations increased month-over-month.

Source: ForeclosureRadar.com

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

7 Steps to Lower Property Taxes on Your Lake Nacimiento Home!

Living in your Oak Shores home on Lake Nacimiento is a rewarding investment for many reasons.  The laid back lifestyle, stunning views of Lake Nacimiento and the opportunities to get involved in such a vibrant community have left you charmed and you couldn’t be happier.

The only thing that may leave you with a slight cloud overhead is one that rings true for most homeowners:  property taxes.  If you’ve noticed that your taxes seem to increase each year; there are ways to fight back.  Being willing to put in a little time and research can help you save in an area you never thought possible.  Take a look at these 7 steps for lowering your property taxes as pointed out by Money.CNN.com; a endeavor that can save you thousands in the long run!

1. Learn your system– Taxing authorities use different methods to calculate home values. Some look at recent sales of similar homes. In rural areas where sales are few, they might estimate the cost to rebuild. Others use some combination of methods. Call your assessor’s office and ask how it pegs values. In some locales your tax liability is based on a percentage of your property’s estimated value. You’ll want to know what that percentage is so you can figure out whether the actual value the assessor is assigning to your home is fair. You can always ask a Lake Nacimiento Real Estate agent the process for assessing taxes on homes in Oak Shores and the surrounding areas.

2. Get your assessor’s evidence– The assessor didn’t pull his estimate out of a hat, even if it seems that way to you. Visit the tax assessor’s office and ask for the evidence used to value your home. Get your home’s property card, which lists basic details like lot size, square footage and number of bathrooms.

3. Make sure the description is right– When municipalities or counties re-assess property values, they typically hire an outside contractor who looks at hundreds or thousands of homes in a tight time period. The appraiser has to come up with shortcuts. Three vent stacks on the roof? That must mean three full baths. Never mind that an upstairs laundry room could be the culprit. The assessor’s file should contain a worksheet that the appraiser filled out during inspection with addresses of homes he compared with yours.

4. Build your case- You won’t have much time to file an appeal, generally 60 days or less from the time your annual tax assessment was mailed. (This typically occurs between late spring and late summer.) If the issue isn’t a simple error on your property card, you’ll need to arm yourself with recent comparable sales or assessments that show your house has been valued too high. You can look up your neighbors’ home valuations at the assessor’s office.

The easiest way to come up with comparable sales is to ask a Lake Nacimiento Real Estate agent for help.  Please know that if you can’t find comparable homes that sold for at least 10% less than your property’s assessed value, throw in the towel. Some areas require the valuation to be off by even more than that to win an appeal.

5. Meet the assessor informally– Go over the evidence you found in support of a lower value. If the assessor more or less agrees with you, the rest of the process will be a lot faster and smoother. Attitude is important. You’re showing the assessor how his appraiser messed up, so be kind. If the assessor won’t budge, make him explain why. Take notes since these are the same arguments he will use once your appeal is filed.

6. File the appeal– Usually this is with a county board. Hand deliver it and get a receipt or use certified mail. Within a couple of weeks you should get a notice acknowledging receipt, although you could have a long wait for a hearing. Most appeals are heard over the course of a couple of weeks. Before your day arrives, attend a hearing to get accustomed to the proceedings.

Prepare visuals with photos of your home and the comparable homes, then write out and rehearse your presentation. Keep it to eight minutes or less. Brevity will score you points and leave time for the board to ask questions.

7. Feel lost?– First, you’ll likely appeal to a state agency. If that fails, you’ll probably have to go to court. At this stage of the game you’ll need help from a lawyer, but you can retain a lawyer for a contingency fee that varies based on your potential tax relief. An independent appraisal will cost $400 or so. The state, which will be handling hundreds of such appeals, wants to end the dispute as quickly as you do.  In about 95% of cases, they will voluntarily give relief.

This whole process, if not having to go to court, could take you a mere 15-20 hours; which seems painless in the grand scheme of the money you’ll be saving.  Of course, if you have questions about your property taxes or comparables on Lake Nacimiento; please let me know!  I’d be happy to answer your questions and help you along the way.

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

5 Options for Dealing with a Low Ball Offer on Your Lake Nacimiento Home

Selling your Lake Nacimiento home may be filled with some highs and lows as you deal with various offers on your home.  Whether your home has been on the Lake Nacimiento Real Estate market for a few months, or you are just beginning to consider selling your home in Oak Shores or the surrounding areas; one of the most challenging things to think about is your home selling price.

You want to get the best possible price for your home, especially if you’ve put a lot of time and energy into your Lake Nacimiento home.  It’s easy for emotions to get involved, especially if you’ve received a low ball offer.  The best thing to do is take a few steps back and consider your options when this happens.  Here are five responses that allow you to work with the offer without feeling like you’re settling on terms you don’t like.

1. Consider the terms– Price is important for most Oak Shores’ buyers and sellers, but it’s not the only deal point. A low purchase offer might make sense if the contingencies are reasonable, the closing date meets your needs, and the buyer is preapproved for a mortgage. Consider what terms you might change in a counteroffer to make the deal work.

2. Counter the purchase offer– Unless you’ve received multiple purchase offers on your Lake Nacimiento home, the best response is to counter the low offer with a price and terms you’re willing to accept. Some buyers make a low offer because they think that’s normal in offering on a home, they’re afraid they’ll overpay or they want to test your limits.

A counteroffer signals that you’re willing to negotiate. One strategy for your counteroffer is to lower your price, but remove any concessions such as seller assistance with closing costs, or features such as kitchen appliances that you’d like to take with you.

3. Get the agents together– If the purchase offer is too low to counter, but you don’t have a better option, ask your Lake Nacimiento Real Estate agent to call the buyer’s agent and try to narrow the price gap so that a counteroffer would make sense. Also, ask your agent whether the buyer (or buyer’s agent) has a reputation for lowball purchase offers. If that’s the case, you might feel freer to reject the offer.

4. Review your comps– Ask your Lake Nacimiento Real Estate agent whether any homes that are comparable to yours have been sold or put on the market since your home was listed for sale. If those new comps are at lower prices, you might have to lower your price to match them if you want to sell your Lake Nacimiento home.

5. Don’t signal desperation-Buyers are sensitive to signs that a seller may be receptive to a low purchase offer. If your home is vacant or your home’s listing describes you as a “motivated” seller, you’re signaling you’re open to a low offer. If you can remedy the situation, maybe by renting furniture or asking your Lake Nacimeinto Real Estate agent not to mention that you’re motivated to sell, the next purchase offer you get might be more to your liking.

Your Lake Nacimiento Real Estate agent can help you determine which option is best for your home and situation.  If you are still searching for someone who can answer your questions about selling your home, or need assistance in your Lake Nacimiento home sale; please let me know!  I have years of experience and a proven success record in selling homes in Oak Shores and the surrounding areas and would be happy to help you each step of the way.  I look forward to hearing from you!

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

Lake Naci News: January 2011

2010 Sales in Oak Shores

Below is a summary of the properties sold in Oak Shores in 2010. Thanks for making this such a great community, we look forward to hearing from our new neighbors!

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!

Buying a Home in Lake Nacimiento? Consider these 4 Tips!

If you’ve been considering buying a home in Oak Shores or the surrounding areas on Lake Nacimiento; you may be wondering if now is a good time to buy.  Whether it’s a vacation home or permanent residence, buying a Lake Nacimiento home will prove to be a savvy investment as well as something to be enjoyed for years to come!

We’ve seen that, along with the national housing market, the Lake Nacimiento Real Estate market is finding a steady pace.  Interest rates remain low and there are many beautiful homes available on Lake Nacimiento; which makes now a great time to buy a home.

If you do plan on buying a home on Lake Nacimiento in Oak Shores or the surrounding area you’ll want to know that there has been a change in mortgage guidelines for 2011. In hopes of bringing the market to full recovery, lenders have tightened the reins on qualifying for a mortgage loan. These four tips should be helpful as you begin to get things in order to buy a home on Lake Nacimiento.

1. Know your borrowing limit– If you’re not sure how much you want to borrow, a good rule of thumb is to look at the Federal Housing Administration requirements. FHA will limit mortgage payments at 31% of gross monthly income before taxes for most buyers. This can help ensure that you’re not getting in too far over your head. If we’ve learned anything over the past few years, it’s to play it safe in the housing market.

2. Have the right credit score– Credit scores are moving to the forefront of being approved for a Lake Nacimiento home loan. Most lenders are expecting a credit score of 600+ even for FHA loans. A good credit score will not only help you qualify for a home loan, but can lower your interest rate, which can save you thousands of dollars in the long run.

3. Shop around– The interest rate is important, but there are other costs to consider such as discount points and even the type of mortgage loan. When shopping for best rates, compare various combinations of discount points and loan types. Your Lake Nacimiento Real Estate agent can help you decide on the best option.

4. Consider a No-Closing-Cost Loan– If you have positive equity, but are lower on cash up front, you do have an option to choose a no-closing cost loan. This simply means that you’ll have a slightly higher rate, but the closing costs will be pain over time instead of up front.

If you have any questions about these tips or would like to know more about the current Lake Nacimiento Real Estate market; please let me know!  I have been a Lake Nacimiento Real Estate agent for years and have been successful with helping many of the current Lake Nacimiento residents find their place in Oak Shores and the surrounding area.  Please feel free to contact me anytime to get started!

Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty

Oak Shores Real Estate
View Oak Shores Listings
Visit My Website Email Me

Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.

Please let us know how we can help!