4 bedroom completely remodeled on the Mesa, 2 blocks from the Shoreline Park, Washington Elementary, price $1,565,000.
Downtown craftsman. 2 bed/1 bath on Upper East in Peabody School, updated and freshly painted, price $750,000.
Food Bank:
Sotheby's International Realty is participating with the Food Bank to feed our local Santa Barbara community. The demand for Foodbank services has increased by 25-30% this year. We have bins at each Sotheby's office if you would like to donate canned goods. One their website they have a list of nutritious items that they need. Please visit: http://www.foodbanksbc.org/ for donation information and programs provided.
Lending News:
Arick Fuller. a mortgage broker with First Capital provided the following update today:
The conforming loan rate for Santa Barbara will be set to a maximum of $603,000, starting next week. That has been lowered from our current conforming rate of $729,500, but is significantly higher than the conforming rate of $419,000, back in 2005. Rates are under 6% for owner occupied, and are at ~6% for non-owner occupied, a possible point may be paid. Full docs are needed. Take out the guess work on what you may qualify for. Call your lender and get your pre-approval.
1 comment:
Well Done Melissa! I'll certainly keep reading, but I might not always comment. Thanks!
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