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New Housing Developments Offer Savings to Coastal Housing Partnership Member Employees!

Eleven new residential communities in Santa Barbara and Ventura Counties have partnered with Coastal Housing Partnership to offer you savings! These new homes offer a variety of floor plans, energy efficiency and options for the buyer to select finishes.

Coastal Housing Partnership has expanded its network of local housing developments to broaden its impact and make housing savings more available. Each development gives buyers from member companies credit toward their closing costs or unit upgrades – potential savings from $1,000 to $3,000!

Buyers at these new developments benefit from moving into a brand new home. There are floor plans designed for every lifestyle, and homeowners can select the finishes that suit their own unique taste. The following new developments have partnered with Coastal Housing Partnership to provide savings for employees of member companies:

  • Ridgecrest at Bradley Village in Orcutt
  • Solana Heights in Ventura
  • Springville in Camarillo
  • The Bridges in Fillmore
  • The Farm in Ventura
  • The Gallery at River Ridge in Oxnard
  • The Gardens in Santa Maria
  • Tree Farm in Santa Barbara
  • Village at Los Carneros in Goleta
  • Vineyard Village in Buellton
  • Winslowe in Goleta

These projects are all highlighted on our website. Click here to explore our online open house!




7th Annual Home Buying Fair – Goleta

Get all of your home buying questions answered in one place!

Coastal Housing Partnership’s seventh annual Home Buying Fair offers potential home buyers a wealth of information and resources on their path to home ownership. Whether you are a first time home buyer, a move-up buyer or just thinking about buying a home, this fair is for you.  It is designed to give attendees the tools to help navigate the home buying process and today’s real estate market.

 

  • Learn how to navigate the home buying process and today’s real estate market
  • Get information and resources to help you save money and make informed decisions
  • Meet with home buying experts: local real estate agents, lenders, credit & financial advisors and residential builders
  • Attend free education sessions on key aspects of the home buying process and local market conditions

Whether you can come for 30 minutes or several hours, you will walk away with important tools to help you be more prepared on your path to home ownership.

The Home Buying Fair is presented by Key Sponsor Cornerstone Home Lending. The Welcome Home Sponsors are Caliber Home Loans and Homebridge Financial Services. Thanks to our employer partners, Cottage Health and UCSB.

Date: Wednesday, October 17, 2018
Hours: 5pm – 8pm
Location: Deckers Rotunda, 6601 Hollister Avenue, Goleta, CA 93117
Admission: Free for employees of Coastal Housing Partnership Member Employers and their guests
Parking: Free

For more information and to RSVP for the October 17 Home Buying Fair, click here.




Santa Ynez Home Buying Fair – June 2, 2018

Get all of your home buying questions answered in one place!

  • Learn how to navigate the home buying process and today’s real estate market
  • Get information and resources to help you save money and make informed decisions
  • Meet with home buying experts: local real estate agents, lenders, credit & financial advisors and residential builders
  • Attend free education sessions on key aspects of the home buying process and local market conditions

The Home Buying Fair is presented by Key Sponsor Cornerstone Home Lending. The Welcome Home Sponsor is Vineyard Village.

Date: Saturday, June 2, 2018
Hours: 10 am – 2 pm
Location: Santa Ynez Marriott, 555 McMurray Road, Buellton
Admission: Free for employees of Coastal Housing Partnership Member Employers and their guests
Parking: Free

To RSVP for the June 2 Home Buying Fair, click here.

For more information and to RSVP, go to www.homebuyingfair.org.




Coastal Housing Partnership’s 30th Anniversary Home Buying Fair Series a Success!

The Home Buying Fairs are designed to give attendees the opportunity to find out more about the home buying process, the real estate market and to meet real estate professionals in an efficient, no-pressure environment. Hundreds of potential home buyers attended the three fairs held in Santa Barbara, Goleta and Ventura.

First-American-Booth-at-Goleta-Fair

Attendees received valuable information from real estate professionals as exhibitors and in the education sessions offered throughout the fairs.

Dozens of exhibitor booths provided attendees the opportunity to easily and informally interview potential partners of their home buying team, including real estate agents, lenders, residential developers, escrow companies, and credit & financial service professionals. Education sessions were offered to help attendees understand the home buying process, regardless of where they are in the home buying process – whether working to build better credit, trying to purchase a home with less than a 20% down payment, or learning how to negotiate the real estate transaction.

For nearly 30 years, local nonprofit Coastal Housing Partnership has been helping employees of local companies realize their dreams of home ownership through home buying education programs and benefits provided through a network of local real estate partners.

Ventura-Home-Buying-Fair

The Home Buying Fairs are designed to give attendees the opportunity to find out more about the home buying process, the real estate market and to meet real estate professionals in an efficient, no-pressure environment.




Coastal Housing Partnership’s 6th Annual Home Buying Fair

Coastal Housing Partnership’s sixth annual Home Buying Fair offers potential home buyers a wealth of information and resources on their path to home ownership. Whether you are a first time home buyer, a move-up buyer or just thinking about buying a home, this fair is for you.  It is designed to give attendees the tools to help navigate the home buying process and today’s real estate market.

The Coastal Housing Partnership’s Home Buying Fair offers potential home buyers an efficient, no-pressure environment to get all of their home buying questions answered in one place:

  • Learn how to navigate the home buying process and today’s real estate market
  • Get the tools, information and resources to help save money and make informed decisions
  • Meet with local home buying experts: real estate agents, lenders, and residential builders
  • Attend free education panels on key aspects of home buying, the loan process and local market conditions

Whether you can come for 30 minutes or several hours, you will walk away with important tools to help you be more prepared on your path to home ownership.


The Home Buying Fair is presented by Key Sponsor Montecito Bank & Trust. Welcome Home Sponsors include The Kelly Marsh Team at Cornerstone Home Lending, Synergy One Lending, and Peggy Sue Tierney at RE/MAX Gold Coast Realtors.

Date: Saturday, October 28, 2017
Hours: 10 am – 3 pm
Location: Ventura Beach Marriott, 2055 East Harbor Blvd
Admission: Free for employees of Coastal Housing Partnership Member Employers and their guests
Parking: Free

For more information and to register, go to www.coastalhousing.org or www.homebuyingfair.org

 




30 Home Buying Tips for 30 Years, Part 2

For 30 years, Coastal Housing Partnership has been working to keep home ownership within the reach of local workers. Since 1987, the Santa Barbara-based nonprofit has helped more than 10,000 employees become homeowners through home buying education and savings on home buying costs. The tradition continues for its 30th Anniversary Year with 30 tips to help get you started on your own path to home ownership.

Press Clipping - 30 Home Buying Tips for 30 Years, Part 2

Published in Santa Barbara News-Press House & Home!

“Our work as a partner with local employers helps companies and nonprofits successfully attract and retain employees in a region known for its high cost of housing,” said Corby Gage, Coastal Housing Partnership executive director. “The partnership approach is the foundation of this unique model – we have created a network of hundreds of local real estate professionals, lenders and others who are dedicated to helping local employees become home owners.”

The following 15 tips for potential home buyers are the second set Coastal Housing has released as it celebrates its 30th anniversary. The first 15 tips were published in the August 6th edition of House & Home and can also be viewed below on the coastalhousing.org blog.  Looking for more advice? Stop by our Home Buying Fair, 5-8 p.m., September 19th at the Deckers Rotunda, 6601 Hollister Ave., Goleta. RSVP today at homebuyingfairs.org!

Part Two

    1. Work with a real estate agent
      With so much access to property listings on the internet, it is tempting to think that a buyer doesn’t need an agent. Not so. In a competitive market with multiple offers, having the expertise and advice of a real estate agent can be highly beneficial. The agent should be familiar with the market that you are interested in, help you find a house that meets your needs, recommend how much to offer on the home, negotiate the price and terms of the transaction, and stay involved throughout the term of your escrow – helping you release contingencies and deal with any challenges that arise during the escrow period.
    2. Needs & wish list
      Make a list of what you want in a home – needs, wants and dreams. You may have to compromise on some of the wishes, but not on the needs.
    3. Home Comparison Worksheet
      Make a home comparison grid to help evaluate potential homes.
      Balance your wish list with budget constraints. Take a photo of the homes that you like and label them with the address, so the homes don’t all blur together.
    4. Know the market
      Take the time to research the market, so you feel confident that you are making a wise decision on your home purchase.
    5. Explore the neighborhood at all different times
      Check out the street and the neighborhood at different times during the day and on weekdays, as well as the weekends. What seems like a quiet neighborhood during the day may be quite different at night.  Or there may be plenty of parking on your street on the weekend, but the weekdays might be a different story.
    6. Lead with your head, then your heart
      You want to fall in love with the house you’re going to buy – but don’t let that love blind you to aspects of the home that might not be suitable for you and your family. Be realistic with what you can afford.  This is a big investment and you want to be thinking with your head before reacting with your heart.
    7. Understand your commute
      Before you make an offer on a home, drive to work from the house at your usual commute time to determine what your realistic commute time would be.
    8. Research the schools
      Even if you don’t have children of school age, the quality of the schools can often have an impact on the future marketability and value of your home.
    9. What’s around the home
      Understand the zoning in and around the neighborhood – what could be built that could affect the value of your home.  That open space that you love next to your home may be a new residential or commercial development in the future.
    10. Home inspection contingency
      It is at the buyer’s option to order a home inspection, but it is an important aspect of your transaction. A home inspector evaluates the structural, mechanical, electrical condition of the property you are purchasing.  This report can help you negotiate an adjustment to the purchase price, if necessary, or enable you to get out of the purchase agreement if the report reveals too many physical problems with the house.
    11. Select an escrow company
      Once your offer has been accepted and you sign a purchase agreement, escrow is opened. An escrow company is a neutral third party that works with the buyer, seller, agents, loan officers and other parties to your transaction to coordinate the obligations and paperwork necessary for closing. Your deposit goes into escrow, not to the seller or to one of the agents.
    12. Understanding title insurance
      A title insurance company conducts a title search to make sure that the property is free of any legal claims against it. You will need to buy a title insurance policy that insures your lender for any loss caused by a discrepancy in title to the property. In addition, an Owner’s title policy protects the buyer from title defects.
    13. Obtain the proper home owner’s insurance
      Home owner’s insurance is not only a good idea, but is also required by the lender. Home owner’s insurance protects you and the lender in the event of destruction, damage, theft and liability.
    14. Keep an eye on interest rates and on market values
      After you purchase your home, if you have private mortgage insurance (PMI), make sure to petition to eliminate the mortgage insurance once your loan to value ratio is at 80% (ask your lender the requirements for eliminating mortgage insurance). If you have an adjustable rate mortgage that you are seeking to refinance, keep an eye on interest rates to determine if refinancing is right for you.
    15. Attend a Home Buying Fair!
      A Home Buying Fair is a great way to get the information, tools, and resources to become an informed home buyer.  You will have the opportunity to meet and interview potential members of your home buying team and attend educational sessions by real estate professionals.

    Upcoming Home Buying Fairs:
    Tuesday, September 19 in Goleta
    Saturday, October 28 in Ventura
    For more information, go to www.homebuyingfairs.org.