New Apartments Added to Rental Program in Santa Maria!

Siena Apartments in Santa Maria is excited to release its exclusive discount to The Coastal Housing Partnership. Presented and Managed by The Towbes Group, Siena features an ample list of amenities ranging from a resort style pool and spa, community fire pit lounge, luxurious clubhouse, tot lot play areas, and multiple outdoor Santa Maria style barbeques. Members of The Coastal Housing Partnership will receive $50 discount on their one bedroom apartments or $75 discount on their two bedroom apartments. Being managed by The Towbes Group, Siena Apartments will offer the quality customer service and positive community impact the brand is renowned for throughout the Central Coast. These 211 apartments are the newest homes in the Santa Maria area and are now leasing.

Siena Apartments in Santa Maria

Siena Apartments in Santa Maria




Home Buying in Your Future, But Don’t Know Where to Begin?

Come to a free home buying seminar to help you on your path to homeownership. Learn the steps of the home buying process, how you can buy a home with less than a 20% down payment and how you can save money using your Coastal Housing Partnership benefits.

Upcoming seminar dates:

• February 24 in Goleta
• March 19 in Goleta
• March 24 in Ventura
• April 21 in Goleta All seminars scheduled from 5:30 – 7:00 pm

To sign up for a home buying seminar, visit us online or call the Coastal Housing Partnership office at 805-969-1025.




Save the Date! 2015 Home Buying Fair Santa Barbara

Save the Date! Our 4th Annual Home Buying Fair will be on May 9, 2015 at The Fess Parker hotel in Santa Barbara!

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When you come to our fair, you get all your home buying questions answered in ONE place!

Attendees learn how to navigate the home buying process and how to navigate today’s real estate market. You also receive information and resources to assist in saving money. Our exhibitors include local Santa Barbara and Ventura County real estate agents, lenders, credit and financial advisors, and residential builders. You can also attend free “How-To” sessions on critical aspects of the home buying process and local market conditions to help you make the best decisions.

And a fair wouldn’t be a fair without prizes, right!?  We will have great giveaways and goodie bags as well. Get all the information here.

Subscribe to our blog, follow us on social media and visit our website periodically for more information!




Coastal Housing Partnership Frequently Asked Questions

Is this a first-time homebuyer’s program?
No, you do not have to be a first-time homebuyer. It is available to any employee of a member company.

Can I use these programs to purchase outside of Santa Barbara County?
Yes, you may use Coastal Housing Partnership financial assistance programs when purchasing a home in Ventura County, Santa Barbara County or San Luis Obispo County.

I own a condo, but want to purchase single-family home? Am I eligible to use Coastal Housing programs? Absolutely! As long as you are an employee of a company that is a member of Coastal Housing Partnership, you are eligible.

Do Coastal Housing Partnership programs apply to mobile homes? No and yes. The contribution from the lender does not always apply to the purchase of a mobile home. (Loans for mobile homes are personal property loans, not real estate loans.) However, the contribution from the home inspection and the real estate agent do apply for a mobile home.

What programs are available to employees of Coastal Housing Partnership members? Employees of Coastal Housing Partnership member companies are eligible for the following savings:
1) Closing costs contributions for a home purchase
2) Lender contributions on upfront fees for a mortgage refinance
3) Reduction in market rent on new leases

How do I obtain a letter of authorization? You will need to fill out an application. Click here and download or call or e-mail the Coastal Housing Partnership office. The phone number is 969-1025. The e-mail address is membersupport@coastalhousing.org.

Do I have to use all the Network Service Providers take advantage of the programs? (I’m using a real estate agent on your list, but not a lender. Am I still eligible for the real estate agent savings?) You may use any or all of the contributions available to you. Each contribution is independent of the other. For instance, you do not forfeit the real estate agent saving if you decide to use a lender that is not part of the program. In order to obtain the assistance, you must use a service partner that is in the program. The savings do not come from the Coastal Housing Partnership. They come directly from the Network Service Partners.

Does Coastal Housing Partnership profit if I use one of the providers on your Network Service Partners List? No. Coastal Housing Partnership does not receive any money from your transaction. The entire contribution/saving goes directly to you.

Would you recommend a real estate agent? No, Coastal Housing Partnership does not make any recommendations as to which network service partner you should use. We are continually growing our list of service partners, so that you have as much choice as possible. It is still up to you to interview the real estate agents, loan officers and home inspection companies to determine which companies will best serve your needs. (Click on Network Service Partners for more information).

What if I am buying the home with someone who is not an employee of a Coastal Housing Partnership company? Only one of the partners purchasing the home has to be an employee of a Coastal Housing Partnership member company. However, the home has to be the primary residence for that partner.




Foreclosure Prevention Resources

Steps you can take to avoid foreclosure
Remember that lenders want to help borrowers keep their home.  They are in the business of lending money, not acquiring property.  In addition, foreclosure is expensive for lenders.  Generally, lenders want to work with you to help you keep your property.  Your lender is your biggest ally if you encounter difficulty paying your mortgage on time.  Contact your lender as soon as you have a problem.

Free foreclosure prevention counseling services are available through the HOPE National Helpline.  It is open 24 hours & assistance is available in English and in Spanish.  The toll free number is 1-888-995-HOPE.

Understand Your Options
Help for Homeowners Facing the Loss of Their Home and HUD Tips for Avoiding Foreclosure
http://www.hud.gov/foreclosure/index.cfm

Falling Behind on Your Mortgage Payments?
Avoiding Foreclosure
http://knowyouroptions.com/avoid-foreclosure

Debt Overload
SurePath Financial Solutions has professional certified counselors to help individuals with financial solutions.  SurePath offers a Money Action Plan, Debt Solver Program, Credit Report Review and many other services.  To get more information call SurePath at 877-615-7873 or visit their website http://www.surepath.org/.




Home Buying Resources

Buying a Home in the Tri Counties in California?  If you are buying a home in Santa Barbara County, Ventura County or San Luis Obispo County, then these Home Buying Resources are for you!

You will need Adobe Acrobat Reader to view and to print the following documents:
•    Mortgage Loan Comparison Worksheet
•    The Ins and Outs of Home Inspections
•    ABCs of Credit Scoring
•    Shopping for a Mortgage Loan
•    How to Select a Real Estate Agent
•    Vesting Options
•    Glossary of Real Estate Terms
•    Glossary of Credit Terms
•    Sample Credit Dispute Letter

How to Obtain a Free Annual Credit Report
To request a free credit report, go to www.annualcreditreport.com. This central site allows you to request a free credit report once every 12 months from each of the nationwide credit reporting companies: Equifax, Experian and Transunion.