Village Insight - Winter 2010

WINTER 2010

Santa Barbara’s Italian Villa

H O M E S TA G I N G listings, listings, listings

CONTEST OF THE MONTH WINTER EVENTS VILLAGESITE.COM

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Welcome toVi l l a g e Properties Village Properties was founded in 1996 with partners Renee Grubb and Ed Edick. Their objective was clear: To create a community conscious agency committed to excellence, integrity and teamwork. They succeeded. Their scrupulous standards, including hiring only experienced, full time agents, have attracted the finest real estate specialists in the Santa Barbara region. Village Properties is an exclusive affiliate of Christie’s Great Estates as well as being a member of the prestigious international Who’s Who in Luxury Real Estate and Leading Real Estate Companies of the World. A recognized leader in marketing distinctive properties both locally and globally, Village Properties’ success is a tribute their “service with integrity” philosophy.

1250 Coast Village Road, Montecito, California, 93108 (805) 969-8900 • (805) 969-8920 FAX info@villagesite.com • www.villagesite.com

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FROM t he EDITORS

Editors In Chief Renee Grubb Ed Edick Creative Director Sara Downes Managing Editors Chris Burns

Contributing Editors Sidney Burns, Kids’ Corner Zena Drewish, Events Kelly McClean, Listings & Photos Design & Production Lara Castagnola Kelly McClean Terry O’Brien Shannon Walkup Marketing & Advertising Lara Castagnola Digital Media Chris Burns Circulation & Subscriptions Terry O’Brien

Publisher

Village Properties 4050 Calle Real, suite 120 Santa Barbara, CA 93110 Phone: 805-681-8800 Village Insight is digitally published quarterly

by Village Properties, and made available to its subscribers and via its website. Subscriptions are free. To subscribe, please click here to fill out the subscription sign up form.

Welcome to our second edition of “Village Insight” We are proud to say, and thank those of you who have given us feedback, that our preview edition has been well received.

Our hope is that every issue will be informative, entertaining and helpful. We focus on Real Estate showcasing our listings, real estate articles and information on how the real estate market is doing. Although the past couple plus years have certainly had an impact on the real estate market we, as owners of Village Properties, have experienced these challenges before and remain positive about owning real estate in Santa Barbara.

Our Company is proud to be the largest locally owned real estate company in the Santa Barbara area. We love being a local business but realize the importance of reaching out beyond. Our marketing efforts are Local, National and Global.

We have an exclusive affiliation with Christie’s Great Estates, a division of Christie’s Auction House, Luxury Real Estate.com and Leading Real Estate Companies of the World. Our goal is to make sure our listings are exposed to every possible venue through the internet, media and publications.

We are continually changing to meet the needs of our clients and the ever changing real estate market.

We are grateful to our incredibly hardworking agents, staff and are very appreciative of our loyal clients.

Living in Santa Barbara County is truly a gift and we believe in living each day with a positive attitude so we can gleam positive outcomes.

Wishing you a wonderful Holiday Season and a joyful 2011.

Renee Grubb

Ed Edick

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Santa Barbara’s Italian Villa

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Winter Events

Santa Barbara’s Italian Villa

Located on Picacho Lane Designed by Don Nulty

The Collection

Browse through truly stunning properties, all available this fall.

The Good Life in Happy Canyon

Tucked away in the Santa Ynez Valley, a true wine country gem.

Home Staging Village Listings Credit-Score

Know what happens once equity-like limits are cut.

How to Walk Though a House

Know what to look for and where to look to save yourself a lot of money.

Village Agents Winter Events Village Activity

A quick overview of our Sales over the past three months

Search all of Santa Barbara County and the MLS at our new website

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CONTENTS

Refinancing

Villagesite.com

WINTER 2010

How to Walk Though a House

of

ON THE COVER

Santa Barbara’s Italian Villa

H O M E S TA G I N G listings, listings, listings

CONTEST OF THE MONTH WINTER EVENTS VILLAGESITE.COM

Santa Barbara’s Italian Villa Located on Picacho Lane, arguably Montecito’s finest address, this exquisite residence was designed by acclaimed architect Don Nulty. The home’s beauty, grace and panache are skillfully accompanied by superb quality construction.

Page 6

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

All properties featured in Village Insight magazine are subject prior to sale, change, or withdrawal without notice. Village Properties, Inc. believes all material and editorial to be correct but assumes no legal responsibility for accuracy. Photography and material in the publication may not be reproduced in any form without the permission of Village Properties, Inc. Requests for permission should be directed to the publisher.

Printed in the United States. Copyright 9/10 by Village Properties, Inc.

Re financing Refinancing now could be better than waiting for mortgage rates to drop further Homeowners can start saving sooner by locking in rates that are already at multigenerational lows rather than waiting for a bottom that may not materialize.

Reporting from Washington — When the Federal Reserve recently rolled out its plan to pump $600 billion into the credit markets, many homeowners and buyers might have figured that because mortgage interest rates are now likely to fall again, why not postpone the loan application they were contemplating?

Fed Chairman Ben S. Bernanke offered implicit support for that scenario when, in a Washington Post op-ed column Nov. 4, he wrote that as a byproduct of the $600-billion infusion “lower mortgage rates will make housing more affordable and allow more homeowners to refinance.”

But wait a minute: Haven’t 30-year fixed mortgage rates been hovering around 4.25%, the lowest level on record since April 1951? Aren’t 15year mortgages just above 3.6%? How much lower could rates possibly go?

More to the point on refinancings, since we’re already well into a refi boomlet, with lenders reporting 70% to 85% of new mortgage volume going to refinancings, how much more of a 4 - VILLAGE INSIGHT

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market share can the Fed expect?

Housing economists generally don’t anticipate seeing significant direct effects on mortgage rates from the Fed’s move. David Crowe, chief economist of the National Assn. of Home Builders, says the likely effect will be to restrain rate increases that otherwise would occur over the coming year as the economy warms up.

through a mortgage broker to 4.5% fixed for 30 years, and is saving $100 a month on payments. What is she doing with the extra $100? Plowing it back into her new mortgage, reducing principal to shorten the term of the note and paying it off sooner. David Crowe has refinanced two loans in recent months.

Peter Ogilvie, president of First Residential Mortgage Corp. in Santa Amy Crews Cutts, Cruz, Calif., says that deputy chief economist “refinancing makes Some for mortgage giant sense for just about Freddie Mac, says anybody with a rate homeowners the $600 billion over 5.25%” and often might only “tweak” produces monthly may also be rates downward from savings even for people current levels. “Four good candidates with notes in the upper and an eighth is far 4% range — provided, more likely than 4%” of course, that they for so-called on 30-year fixed rate can qualify under the no-cost loans, she said in an industry’s toughened interview, because credit and loan-torefinancing the Fed is not buying value underwriting mortgage-backed standards. securities but rather Treasury bonds.

Some homeowners may also be good Which raises the question: Does it candidates for so-called no-cost make more sense to wait around for a refinancing, where the title, escrow and rate bottom that might not materialize, lender closing charges are either added or to lock in rates now at what are to the mortgage principal balance or multigenerational lows? paid for over time with a slightly higher note rate. The idea here, Ogilvie says, Cutts has a personal answer. She is to reduce your monthly housing recently refinanced her home loan payments — improving cash flow

What you should know about the market without laying out dollars at settlement.

Jeff Lipes, senior vice president of Family Choice Mortgage in Hartford, Conn., and president of the Connecticut Mortgage Bankers Assn., has what he calls a 24-month rule of thumb for deciding whether refinancing makes sense: If you can pay for the closing and other expenses of the rate reduction in about two years, consider a refi.

Take this example: Say you have a 5.75% fixed rate loan at $200,000, paying $1,167 a month in principal and interest. If you refi to a fixedrate $200,000 loan at 4.75% you’ll be paying $1,043 a month, a $124 monthly saving, or $1,488 a year. Since prepaid charges, tax escrows and closing costs will come to about $3,000, Lipes calculates, you should recoup virtually all your costs in the first 24 months.

Steve Stamets, a loan officer for Union Mortgage Group in Rockville, Md., says homeowners who’d like to be debtfree faster ought to consider a refi out of their current 30-year term loan into a 15-year term. Fifteen-year mortgages carry lower rates than 30-year loans, but their faster amortization schedules require higher monthly payments.

Here’s an example, using the no-cost option: Say you took out a $300,000

fixed-rate loan during the rate dip in 2003 at 5%. Current balance is around $264,000, with monthly principal and interest of $1,613. Rolling the closing, insurance, tax and other loan costs of about $5,000 into a new $269,000 15-year mortgage at 3.75% produces a payment of $1,958. If you can afford it, that extra $345 a month will save you many thousands of dollars in interest compared with the 30-year alternative, Stamets says, and make you mortgagefree in 15 years. kenharney@earthlink.net Distributed by Writers Group.

Washington

Post

• The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) this week issued its third quarter First-time Buyer Housing Affordability Index (FTBHAI), which indicates the percentage of households in California who could afford an entry-level home in the state during that period.

• The percentage of first-time buyers who could afford to purchase an entrylevel home in California stood at 66 percent in the third quarter of 2010, according to C.A.R.’s FTB- HAI. In the second quarter of 2010, the Index was a revised 65 percent and was 64 percent in the third quarter of 2009.

• First-time buyers, who tend to purchase homes equal to 85 percent of the prevailing median price, needed to earn a minimum annual income of $42,300 to qualify for an entry-level home of $266,620 during the third quarter of 2010. The monthly payment, including taxes and insurance, was $1,410, assuming a 10 percent down payment and an adjustable effective interest rate of 3.66.

• At 85 percent, the High Desert region was the most affordable area in the state. The San Francisco Bay region was the least affordable in the state at 51 percent, followed by the Santa Barbara area and the Santa Clara County regions, both at 53 percent.

Santa Barbara’s

Italian Villa

Located on Picacho Lane, arguably Montecito’s finest address, this exquisite residence was designed by acclaimed architect Don Nulty. The home’s beauty, grace and panache are skill- fully accompanied by superb quality construction.

One of Montecito’s Most Exquisite Estates 777 PICACHO LANE MONTECITO, CALIFORNIA An elegant Santa Barbara lifestyle is enjoyed at this notable Italian Villa. Located on Picacho Lane, arguably Montecito’s finest address, this exquisite residence was designed by acclaimed architect Don Nulty. The home’s beauty, grace and panache are skillfully accompanied by superb quality construction.

A long sweeping olive- lined driveway is a fine introduction to this distinguished estate. The gracious foyer opens onto inviting living spaces that showcase splendid ocean and mountain panoramas. With approximately 4800 square feet of luxurious features, nearly every room is soaked in glorious sunlight and boasts high ceilings, wood floors, and French doors opening to dining/entertaining terraces, meticulously manicured gardens and the views. The stunning living room offers beautiful parquet hardwood floors; the handsome den/ office is cloaked in rich wood paneling; and the exceptional dining room offers an intimate seating area with a discreet wine bar. All of these rooms are warmed by truly magnificent fireplaces. The entertainer’s kitchen is a stunning marriage of form and function. With 15’ beamed ceilings, three skylights, an ample center island, and generous cabinet and counter space, it runs smoothly, shows beautifully, and provides lots of room, for cook and guests. Doors open outside onto a most-romantic dining veranda, intimate and yet spacious enough for entertaining.

Off its own galleria, enter the guest suite and you have just arrived in the most elegant hotel suite imaginable, truly a remarkable oasis. The master suite is nothing less than sumptuous! Glorious ocean views are enjoyed from the bedroom, which opens to a covered terrace and the pool.

The master bathroom is a room unto itself with an antique limestone fireplace creating a romantic ambience and 2 exceptional walk in closets.

Private and quiet, the 2-room guest cottage offers a delightful retreat for guests. The lush acre provides for a feeling of space and serenity at the same time requiring little of its owner in the way of ongoing maintenance.

Offered at $6,950,000 Visit page 22 for more details about this listing.

featured

LISTING

Saladino Villa Montecito, Ca

Originally designed by architect, Wallace Frost, and crafted of local

stone in the 1920’s, the Saladino Villa was restored by designer John Saladino. See Saladino Villa, 2009. Offering 6 bedrooms, 9 fireplaces, 2 parcels, 13+ ocean view acres, pool, 1 bedroom attached guest apartment and “parklike” gardens. Juxtaposing light and dark, old and new, classical and modern with the timeless interiors that reflect Saladino’s style.

Offered at $24,500,000 Mitchell Morehart 805.565.4546 Mitchell@Villagesite.com

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Panoramic Ocean & Mountain Views Montecito, Ca

Commanding a serene hilltop, this newly-built Med estate offers

20+/- acres of unrivalled privacy and seemingly endless ocean and mountain views. All spaces are warm and intimate and at the same time ideal for entertaining. 4 bedrooms in main house (1st floor Master), formal Living Room and Dining Room, game/media room, exquisite wine cellar (3,000+/- bottles) plus 1-bdrm guest house & pool.

Offered at $17,900,000 Rebecca Riskin 805.565.8600 Rebecca@Villagesite.com

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STUNNING VINEYARD & WINERY ESTATE Santa Ynez, Ca

This 103 +/- acre view property in Happy Canyon provides spectacular residences coupled with a premium 26 acre vineyard and a compact winery. The 7,000+/- sq. ft. Main House and 1000 +/- Guest House are complemented by a 2,000+/- sq. ft. Managers House, Winery and Garage complex. All these buildings are tile-roofed in a Mediterranean style. The 26 +/- acres highly rated certified organic vineyard is planted to Bordeaux, Syrah and Sangiovese varietals.

Offered at $16,900,000 Carey Kendall 805.689.6262 Carey@Villagesite.com

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architecturally Distinguished Santa Yenz, Ca

Remarkable 116 acre wine country/

equestrian estate. Designed by L.A. based Michael Palladino of Richard Meier and Partners. 6 bedrooms, Chef ’s kitchen, and amenities include salt water swimming pool, barn, mgr. house, irrigated pastures, riding trails.

Offered at $15,000,000 Carey Kendall 805.689.6262 Carey@Villagesite.com

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Laurel Springs Ranch Santa Barbara, Ca

Located 15 minutes into the hills above

Santa Barbara. This nearly 160 acre property is has its own spring, ocean and mountain views, spacious main house, 11 bedroom lodge, yoga room, theater, barn, arena and trails, gym, solar heated pool and spa and 5 separate land parcels.

Offered at $10,900,000 DeAnn Willson 805.451.4788 DeAnn@GreenHomesSB.com

Elizabeth Wagner 805.895.1467 Elizabeth@Villagesite.com

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Stunning Ocean Views

Montecito, Ca

Presenting stunning ocean views as well as intimate mountain views, this newly constructed

(2010), & expertly designed 5 bedroom Mediterranean estate is located in a prestigious Montecito location. The approx 1.25 stunning acres feature a dramatic infinity pool, guest house/pool house, long gated entry drive and elegant motor court, all sure to impress!

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Offered at $10,500,000 Rebecca Riskin 805.565.8600 Rebecca@Villagesite.com

European Country Estate Montecito, Ca

Originally built in 1918, this European country estate has been lovingly restored with impeccable attention given to every detail. Located steps from Montecito’s Upper Village on 1.6 lush, quiet, mountain view acres. 5 bedrooms in the main house + 2 superb guest houses, 2 swimming pools, romantic historic gardens, and extensive outdoor entertaining areas.!

Offered at $10,250,000 Rebecca Riskin 805.565.8600 Rebecca@Villagesite.com

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Living the Good Life... in Happy Canyon How many people can say they live in a place called Happy Canyon? As it turns out, only a select, very lucky few.

by Leslie A. Westbrook Home to a handful of Santa Ynez Valley vintners and other fortunate, in-the-know residents, this tiny two-lane road is “off limits” to Sideways wine-tasting day-trippers.

Happy Canyon Road is a bucolic country lane little known to those who live outside of the valley. In fact, many Santa Barbara folks have never ventured into this quiet, idyllic canyon, that traverses north and south.

Thankfully, one can sample the spoils of the recently anointed, just shy of 24,000 acre AVA, in a few select tasting rooms, restaurants, or in the privacy on one’s own home. The geographically designated growing region was recently appointed the “Happy Canyon of Santa Barbara” appellation.

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Several top-notch wines are made by Cimarone, another winery located in Happy Canyon resident and winemaker the exclusive canyon that is planted Doug Margerum who lives and works with 26 acres of organic grapes on the in the region making his own wines— 103-acre property.

Sybarite Sauvignon during the Blanc; Uber Syrah; and Doug Margerum has M5, a Rhone blend— a long history of makunder his Margerum Prohibition era, ing wines in the valWine Company label.

He first began in folks would ‘take ley.

1986 working with Jim The longtime resta trip up happy Clendenin and Bob aurateur and wine Lindquist, of Qupé, expert, also a consultant making Vita Nova. canyon’ to the Wine Cask Margerum Wine ComRestaurant and Wine Cask Alliance pany was launched 2001 and the rest, Tasting Room in Santa Barbara (that as they say, will be history. he opened with his artist brother Hugh, in 1981 and later sold), is not only a He started working with the Barrack highly respected winemaker in his own family’s Happy Canyon Vineyards right, but he is also the winemaker for in 2003 and added a few additional Happy Canyon Vineyards, owned by clients, including a winery in the polo playing mogul Tom Barrack and south of France, Chene Bleu, near his family. Margerum also consults to Avignon in recent years. Consulting

to the aforementioned Cimarone and overseeing the creation of their Three Creek Vineyards’ Bordeaux style wines in Happy Canyon, as well as advising Cent’Anni vineyards on their tasty Italian varietal Sangiovese, made from Santa Ynez valley grapes, keeps this 51-year-old, single father of two teenage sons (Remy, 15 and Evan, 13) plenty busy.

Rumor has it, that during the Prohibition era (the banning of alcohol, also known as The Noble Experiment, lasted from 1920-1933), folks would “take a trip up happy canyon” to purchase some homemade hooch. These days,

one need merely visit Tastes of The Valley in Solvang and Pismo Beach or The Wine Cask Alliance Tasting Room in Santa Barbara to legally taste a few Happy Canyon vintages.

Other Happy Canyon appellations include Star Lane/Dierberg (home to an amazing $80 million winemaking facility designed by Barry Berkus, not open to the public); their tasting room is in Drum Canyon in the Santa Rita Hills. Also private Vogelzang Vineyard is available in wine stores and fine restaurants. The solar-powered Grassini Family Vineyards will debut their first wines this year.

So sip some wines from Happy Canyon

and get happy… but do drive responsibly and enlist a designated driver.

Summerland-based writer Leslie A. Westbrook has lived in various parts of Santa Barbara County since 1973. She recently completed a book documenting the 100-year history of Santa Barbara City College, which will be released in late October, and is currently at work on a biography of noted Academy and Grammy Award winning composer/ arranger/musician Johnny Mandel.

Her website is www.lesliewestbrook. com and she can be reached at LeslieAWestbrook@gmail.com

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Tranquil Country Escape Romantic Mediterranean $3,795,000 (page 30)

English country

English country manor on 1.8 acres, privately hidden behind garden hedges with ocean & mtn views. 7 bedrooms & 7 baths with state of the art amenities. Pool with spa, sitting areas, an outdoor fireplace & lawn wraps around the estate.

Offered at $8,995,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com

Oceanfront Paradise

Enjoy all the pleasures living on the beach! A beautiful & tranquil

cove with panoramic ocean, island, coastline, & mountain views, rests this 3 bed/2 bath oceanfront home. Ideally located on 2.2 acres in the exclusive & gated Sand Point Beach enclave.

Offered at $7,600,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com

Notable Italian Villa

This notable Italian Villa is nothing short of exceptional. Ocean & mountain views are enjoyed from the single story exquisite Picacho Lane residence designed by Don Nulty. Superb craftsmanship are joined on this glorious acre with a swimmer’s pool & guest house.

Offered at $6,950,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com

Magical Sanctuary

Just minutes away from Montecito’s upper and lower villages, this

estate is a true representation of the wonders of Montecito. Nestled behind gates, on a Montecito hilltop, this lovely residence is located on 2 plus acres overlooking the entire coastline.

Offered at $6,800,000 Charlene Nagel 805.689.5959 charlene@silcom.com 22 - VILLAGE INSIGHT

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Montecito’s Golden Quadrangle

Unobstructed ocean, island & harbor views are found in this impeccably updated Plantation style estate on 6 private acres.

Approx. 7000 square feet in the main house with 3 bedroom suites; include a generous master with fireplace & views.

Offered at $6,750,000 Natalie Grubb-Campbell 805.565.8879 natalie@villagesite.com

Brian Campbell 805.683.7351 brian@villagesite.com

Romantic Beauty

Nearly new, private, romantic masterpiece inspired by the French country homes of Normandy. Artistic blend of modern conveniences with hand-selected antique elements throughout. 4 bed plus 2 offices plus guest house on 2.9 lush acres with beautiful mountain.

Offered at $6,675,000 Colleen Beall 805.895.5881 colbeall@gmail.com

Rare Opportunity

Exceptional ocean & mountain view estate site on Montecito’s

prestigious East Mountain Drive. With 11+/- acres (2 parcels) of serene privacy & endless panoramic views, this grand estate site offers incredible potential for a buyer looking to create their dream home.

Offered at $6,300,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com

John T Faulkner 570.9454 johnfaulkner@villagesite.com

the upper village

Beloved community boasting exclusive estates & relaxed upscale lifestyle. Situated down a creekside lane, this exceptionally quality constructed 4 bed/4.5 bath Med. Estate sits on 1.44 acres of ocean view sun drenched lush & private ground.

Offered at $6,200,000 John Sener 805.682.6041 john@johnsener.com VILLAGE INSIGHT

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Spanish Mediterranean

Recently completed single level ocean view Medit. masterpiece

with 5 bedrooms, formal living & dining, many fireplaces, library, walnut floors, chef ’s kitchen/family rm, outdoor entertainment at its finest, spa & top of the line everything!

Offered at $5,495,000 Gregg Leach 805.565.8873 gregg@Villagesite.com

Padaro Lane Beach Cottage

Adorable cottage sits above the sand in a premiere ocean front enclave. Nearly one half acre with almost 100 feet of beachfront.

Enjoy it as it is or take advantage of plans designed by Neumann, Mendro for a stunning two story beach home with expansive views.

Offered at $5,295,000 John Henderson 805.689.1066 johnh@villagesite.com

Granada Tower - Penthouse

This cherished home is perched above the masterfully restored

Granada Theater, where a wealth of world-class events & museums are steps away. Incredible 360-degree views of the city, mountains, harbor, and coastline are found at every turn.

Offered at $5,250,000 Tim Walsh 805.455.5833 tfwnsb@aol.com

Private Montecito

Newly built French Farmhouse on one lush acre of landscaped grounds and pathways. Home designed by Hall Pardoe features exquisite custom details throughout. Consists of a main house, guest house and additional guest quarters w/office above a 3 car garage.

Offered at $5,195,000 Sheela Hunt 805.698.3767 sheela@villagesite.com 24 - VILLAGE INSIGHT

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dramatic Asian influenced

Down a private lane and framed by mountain, ocean and oak views,

this asian influenced contemporary retreat rests on 2.27 acres with 4 bedrooms plus 4 1/2 baths the home has generous proportions, a remarkable kitchen, high ceilings, park like gardens and a pool.

Offered at $4,900,000 Patricia Griffin 805.565.4547 pbgriffin@cox.net

Villa Farfalla

Montecito beach location of old world charm of highest quality

and finish. The lavish spacious floor plan boasts a dramatic entry with wrought iron doors & staircase, soaring ceilings, formal dining, gourmet kitchen, library, state of the art home theater, & wine cellar.

Offered at $4,750,000 Carolyn Wood 805.565.8880 carolynwood@cox.net

Susan Pate 805.895.9385 susanpate@montecitolifestyle.com

Ranch Estate

Beautiful 20+ acres boasting a 3 bedroom, 4.5 bath home. Gourmet

kitchen with 2 large islands, walk-in pantry, great room, wood floors, Master suite includes 2 walk-in closets. Office, gym, media room, lots of storage. Large stable, legal 2nd rsdnce. Exceptional Views!

Offered at $4,750,000 Carey Kendall 805.689.6262 carey@Villagesite.com

Prime Ballard Canyon Road

Main residence remodeled, features gourmet kitchen, family/

living room, formal dining room, 2 family rooms, informal dining area, upstairs master suite, downstairs children/guest wing, laundry & gym rooms, wine cooler/tasting room. Pool & BBQ areas.

Offered at $4,495,000 Carey Kendall 805.689.6262 carey@villagesite.com VILLAGE INSIGHT

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Home Staging...

Why Do It? Improving the appearance of a home prior to offering it for sale is the ultimate goal of staging.

by Priscilla Bedolla

Improving the appearance of a home prior to offering it for sale is the ultimate goal of staging. Home staging is the act of preparing a property for sale with special emphasis on appearance. Staging usually involves things of an aesthetic nature to make the property more visually appealing as opposed to mechanical or functional improvements or repairs, although these are important as well. Most people cannot visualize how to arrange furnishings or capture the essence of warmth in a home.

Starting with the outside of the home, trimmed trees and bushes, colorful weed free flower beds, clean and clutter free front entrance and walkway go a long way in encouraging potential buyers to move from the car to inside the home. If the front door needs repairs or painting, now is the time to do it. Same goes for sticking windows 26 - VILLAGE INSIGHT

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or broken and missing blinds or window coverings.

Nothing is more depressing than walking into a vacant home. If a property is vacant, staging offers warmth and visual appeal to a wider range of buyers. Buyers often have a difficult time trying to imagine placing furnishings in vacant rooms in order to maximize space and make it attractive.

Giving a room color and purpose helps show buyers and sellers how staging helps a home stand out above the others, In a sellers’ market, it creates that competitive edge.

An occupied home presents another set of challenges. Owners tend to overlook the day to day clutter. Selling a home presents the perfect opportunity to do some “pre packing�. Clearing off shelves and tabletops; placing just one vase of fresh flowers on the dining

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table; removing excess furniture; and making room for some free space gives the illusion of larger rooms. It may be the perfect time to rent a storage unit; clear out the garage; tidy up the house; and add some much needed visual interest from the curb. With a little elbow grease and time management, a speedy sale could be right around the corner.

Priscilla has been serving her Realtor affiliates as a stager since returning to real estate 14 years ago. Priscilla can be reached at Priscilla@villagesite.com or (805) 680-7146.

CONTEST

OF THE

MONTH Can you guess where this photo was taken?

Submit your answers to: contest@villagesite.com Your name will be entered in a drawing for a gift certificate to Kyoto, Japanese Restaurant.

Deadline to submit your answers is December 31st For thirty plus years the corner of State Street and Las Positas has been a place for sushi. Kyoto has withstood the test of time while other restaurants have come and gone. It is a quaint place with not much parking but, that does not stop visitors form packing the place on any given night. They have several booths along one wall that face the highly desired tatami rooms. Kyoto caters to the dinner date for two and to the party of 12 or more for birthdays or other celebrations. Groups plan well in advance to make sure they can reserve a tatami room for their special occasion.

Sake bombs are one of the highlights of being sat in a tatami room. Your server will participate with the group in this Japanese tradition. They also have a very comfortable sushi bar where you can interact with the chefs. The chefs are very inviting and friendly. The chefs have also put together an incredibly diverse and tasty menu.

They have a wonderfully complete menu from sushi to steak. They have no less than thirty "special" rolls on the menu at any given time. Some

favorites are the San Roque roll. This roll contains tuna, salmon, yellow tail, masago, gobo, and avocado. This roll is lightly fried and then served with Kyoto's spicy sauce. It may take a couple of bites to get each slice of this roll down because it is not your normal roll. There is the 911 roll. This roll is a tuna lovers delight. It is a spicy tuna roll that is topped with alternating tuna, salmon, and avocado. The roll is then served with a spicy orange sauce. The lobster roll is also a favorite. It is what you would expect from the name but, there are huge chunks of fresh lobster in this roll that is then covered with a sweet and spicy sauce for the perfect combination of flavors. The menu, however, does not stop there. There are several selections from the Hibachi section. All kinds of Teriyaki from steak to Salmon. They have Korean Barbe-que short ribs with Kyoto's special sauce. From there the menu continues on with multiple noodle dishes. All of which are fantastic. They also have several tempura and tofu entrees.

Kyoto has been run and owned since 2004 by the Kim family. There are an absolute delight. On any given night you will see at least one of them there and possibly all three. They take great pride in their food and their business.

Diners get the feeling as though they have entered the Kim's home and are treated like very welcomed guests.

For more information or to look at their menus please visit www.kyotosb. com. We would like to thank them for being a sponsor of our "where in Santa Barbara contest" in this issue of Village insight.

Kyoto 3232 State Street Santa Barbara, Ca 93105 (805) 687-1252

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tastefully remodeled Montecito

Gatley Manor is a tastefully remodeled Montecito estate with

understated formalism. Main house has 3 bedroom suites with interiors that exhibit elegance including a grand master bedroom with fireplace, views of the grounds, a gracious bath.

Offered at $4,395,000 Natalie Grubb-Campbell 805.565.8879 natalie@villagesite.com

Brian Campbell 805.683-7351 brian@villagesite.com

step into color and light

As you enter this spacious 4,700 +/- sqft modern masterpiece.

Southern exposure and floor-to-ceiling windows & doors infuses central hub of the home with light and air. Well situated on a private and lush 1.3 acre lot, includes pool, spa, pavilion, and much more!

Offered at $4,295,000 Kelly Knight 805.895.4406 kellyknight@cox.net

Gated & Private

Beautifully designed 4 bedroom, 4.5 bath home and 5 room

guesthouse on one acre of gardens with spa. Main floor master suite with 2 baths & 2 walk in closets, expansive living and dining room, spectacular deck, media room, 200+ bottle wine closet, large kitchen.

Offered at $3,999,000 Ruscha Robbins 805.259.7441 itsruscha@cox.net

The Ultimate Beach Retreat

Private lane to enjoy sweeping ocean & island views from walls of

glass. Open floor plan with glass doors to several patios for indoor/ outdoor lifestyle. Expertly crafted woodwork throughout & Mexican pebble flooring with radiant heat. Outdoor shower & private spa.

Offered at $3,995,000 Julie Barnes 805.683.7392 juliebarnesrealestate@cox.net 28 - VILLAGE INSIGHT

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ON THE SAND...

The classic shingle-style beachfront home rebuilt. 4 bedrooms, 3 bath home with modern amenities. Great room opens to view deck.

Epic coastline views. Idyllic outdoor living. Located on a wide, sandy beach known as ‘’the world’s safest beach’’ in quaint Carpinteria.

Offered at $3,995,000 Bridget Murphy 805.886.1300 bridget@villagesite.com

Paul Suding 805.455.8055 paul@villagesite.com

unparalleled privacy & serenity

Heavenly views of the mountains & sea from this exceptional 5+/- acre Montecito estate. Sophisticated elegance, this graceful Mediterranean home boasts an open & versatile floor plan with master on the first level & three additional bedroom suites downstairs.

Offered at $3,990,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com

French Country Estate

Without a doubt the best of any site in Montecito, white-water

ocean, harbor, and mountain views up San Ysidro Canyon, this is truly exceptional. At the end of the road. Not on the market since 1982.

Offered at $3,900,000 Ted Campbell 805.886.1175 ted@villagesite.com

Ed Edick 805.565.8866 ed@villagesite.com

La Romana Estate

Gorgeous, newly built Mediterranean estate is now available to

be sold as package deal with the parcel next door!! Build a pool, guesthouse and/or whatever is desired Incomparable views, exceptional quality, gated community.

Offered at $3,795,000 Dianne Johnson 805.4556570 dianne@villagesite.com

Renee Grubb 805.565.8868 renee@villagesite.com VILLAGE INSIGHT

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romantic Mediterranean

On 7 acres with olive trees. 10,000 +/- of home, garages & shop.

4 bedrooms, 5.5 baths, large kitchen, formal living & dining rooms, & library. 4 fireplaces. Game room, gym, media room, steam room and future wine room ~ Beautiful salt water swimming pool / spa.

Offered at $3,795,000 Carey Kendall 805.689.6262 carey@villagesite.com

Prime Montecito location

This Elegant New England country style residence offers a main

residence full of natural light, formal dining & living room, spacious family room with soaring ceilings, wood floors, well appointed kitchen, five fireplaces and romantic master bedroom.

Offered at $3,750,000 Carolyn Wood 805.565.8880 carolynwood@cox.net

Granada Tower - 7th Floor

This cherished home is perched above the masterfully restored

Granada Theater, where a wealth of world-class events & museums are steps away. Incredible 360-degree views of the city, mountains, harbor, and coastline are found at every turn.

Offered at $3,750,000 Tim Walsh 805.455.5833 tfwnsb@aol.com

Peaceful Hope Ranch Home

Flair, style & a flowing floorplan are just a few of the highlights of this 4,900 +/- square foot home surrounded by lush landscaping, a sparkling pool & a family fruit orchard in the heart of Hope Ranch.

Remodeled with elegance & comfort. GREAT Outdoor space!

Offered at $3,595,000 Adrienne Schuele 805.452.3960 aschuele@cox.net 30 - VILLAGE INSIGHT

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Exceptionally romantic

This gated European country estate offers a rural feel & is only

minutes to Montecito’s Upper Village. A graceful blend of rich, old-world charm with modern state-of-the-art amenities throughout.

7 spacious bedrooms, courtyard patios, 2 outdoor fireplaces, & pool.

Offered at $3,595,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com

Classic Monterey Colonial

Classic Monterey Colonial designed by J. Plunkett in 1935, 4

bedrooms, living and dining rooms with fireplaces & French doors leading out to the lawn & 75’ pool, paneled library & remodeled kitchen/family room, water well and meter.

Offered at $3,595,000 Gregg Leach 805.969.8900 gregg@villagesite.com

Ed Edick 805.565.8866 ed@villagesite.com

Mediterranean Masterpiece

Luxurious estate in Montecito. Heavy wooded beamed ceilings,

hand artisan plaster and tiled archways. Gourmet kitchen with Sub Zero and Miele appliances. Private & spacious rooms, pool area and garden. Parklike backyard oak groves and mountain views.

Offered at $3,499,000 Darin Guglielmo 805.698.8260 darin@villagesite.com

Impeccably rebuilt home

On A stunning, gated oasis remodeled to combine open, spacious indoors with a tropical outdoor paradise through walls of vanishing glass. Master Suite retreat blends tranquility with a spa bathroom & steps out to the pool, spa & calming outdoor living room.

Offered at $3,495,000 Adrienne Schuele 805.452.3960 aschuele@cox.net VILLAGE INSIGHT

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French contemporary

Private, gated, remodeled estate near Montecito’s lower village.

Spacious main house with 6 bedrooms, 4 baths + 2 bedroom guest house. High ceilings, crown moldings, 2 family rooms, formal dining room, cook’s kitchen, grassy lawn, pool & lush landscaping.

Offered at $3,495,000 Sheela Hunt 805.698.3767 sheela@villagesite.com

Lush Montecito landscape

Nestled

in the lush Montecito landscape amongst oaks and tropical plantings, meandering walking paths, lush foliage, and privacy abounds. Situated on nearly one acre, this luscious property offers 3 bedrooms, 3 baths and guest Cabana.

Offered at $3,450,000 Susan Pate 805.895.9385 susanpate@montecitolifestyle.com

Stunning 360° Views

3 separate parcels! 25 +/- acres. Parcel A = 6 acres with 2600 +/-

Sq. ft. with 2 bedrooms, 2 baths, ocean, city & island views, office, 3 fireplaces, pool & hot tub. Parcel B = 13 ac. with existing Guest cottage. Parcel C = 6 +/- acres of vacant land, views, ready to build!

Offered at $3,450,000 Patty Armor 805.350.4038 patty@villagesite.com

Jenae Johnson 805.452.9812 jenae@jenae-johnson.com

La Romana Estates

Vistas of the Islands, coastline, & mountains are the backdrop

for this Mediterranean estate. In a gated enclave of only 24 sites, this 5 bedroom, 5 bath home has a 3 car garage, entry courtyard with fountain & a roof top terrace w/ 330 degree views & fireplace.

Offered at $3,395,000 Dianne Johnson 805.4556570 dianne@villagesite.com 32 - VILLAGE INSIGHT

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Renee Grubb 805.565.8868 renee@villagesite.com

Impeccably rebuilt home

On 2 acres with carriage house, 3 car garage & panoramic mountain

views. This 4 bedroom, 3.5 bath slate-roofed estate features a chef ’s kitchen, vaulted ceilings & is filled with natural light. Private and serene site with seasonal creek and expansive lawns.

Offered at $3,390,000 Jacqueline Walters 805.570.0558 acwalters@aol.com

European sophistication

Originally built in 1887, the Beckman Mansion exudes old world

European sophistication. This grand and historic villa has ocean, city and island views, 6 bedrooms, 4.5 baths and six fireplaces and beautifully terraced gardens.

Offered at $3,295,000 John P Henderson 805.689.1066 johnh@villagesite.com

Mediterranean Estate

Spectacular ocean, island and mountain views! Main house has

5 bedrooms, 5 baths. Nestled on 1.2 acre with privacy & serenity. pool, spa, sport court, game room/pool house, outdoor kitchen.

Highest quality throughout. Entertainer’s dream!

Offered at $3,295,000 Regina Magid 805.967.4228 SOLDatReginaMagid@cox.net

CASA Rancho Vista

Asingle

level masterwork. Elegant Spanish-Mediterrean in a private-gated setting with ocean views. Impeccable attention to details and quality throughout. Master bedroom and guest bedroom, each in separate wings, extra room for study or guest room.

Offered at $3,200,000 Wade Hansen 805.689.9682 wadehansen@cox.net VILLAGE INSIGHT

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Relax & Rewind Laurel Springs Ranch $10,900,000 (page 15)

486 Cota Lane

2661 Todos Santos Lane

6508 Camino carreta

214 Eucalyptus Hill

401 East pedregosa street 6 BD/6 BTH Offered at $2,695,000 Gregg Leach, 805.886.9000

43 humphrey

2 BD/2 BTH Offered at $2,650,000 Jackie Walters, 805.570.0558

2108 Summerland Heights

75 la Vuelta

3790 Roblar avenue

3 BD/3 BTH Offered at $2,999,999 Sharon Wilson, 805.683.7390

4 BD/4 BTH Offered at $2,695,000 Colleen Parent Beall, 805.895.5881

4 BD/4 BTH Offered at $2,650,000 Patrica Griffin, 805.565.4547

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4 BD/5.5 BTH Offered at $2,985,000 Lee Walsh, 805.886.0660

4 BD/4 BTH Offered at $2,390,000 Rebecca Riskin, 805.565.8600

4 BD/3.5 BTH Offered at $2,700,000 Vickie/Sharon 805.695.7264

4 BD/4 BTH Offered at $2,300,000 Carey Kendall, 805.689.6262

3165 Eucalyptus Hill Road 4 BD/3.5 BTH Offered at $2,250,000 Lynn Golden, 805.570.5888

1733 North Refugio Road

3791 Live oak road

1528 Miramar beach c

550 Bell Street

3047 west hwy 154

3 BD/3 BTH Offered at $2,195,000 Jonee Hanson, 805.455.6175

1 BD/1 BTH Offered at $2,195,000 Gregg Leach, 805.886.9000

3 BD/3 BTH Offered at $2,180,000 Jennie Bradly, 805.886.6644

2 +/- acres, commercial property Offered at $2,100,000 Judy Crawford, 805.588.1425

6 BD/7 BTH Offered at $1,995,000 Carey Kendall, 805.689.6262

1325 hillcrest road

1608 Las Canoas Road

940 Canon Road

3 BD/3 BTH Offered at $1,995,000 Gayle Lofthus, 805.689.9011

3 BD/2 BTH Offered at $1,995,000 Bridget/Paul, 805.886.1300

4 BD/3 BTH Offered at $1,995,000 Gregg Leach, 805.886.9000

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160 East Mountain Drive

520 East Mountain Drive 1.8 acres, breathtaking views Offered at $1,995,000 Rebecca Riskin, 805.565.8600

5 BD/4 BTH Offered at $1,980,000 Diana Fornas, 805,969.5729

5588 campbell road

616 east valerio street 6 BD/4.5 BTH Offered at $1,895,000 John Bahura, 805.680.5175

130 East Mountain

3 +/- acres, pool, solar panels Offered at $1,895,000 Colleen Parent Beall, 805.895.5881

1232 shoreline drive

2710 Sycamore Canyon

1632 Chapala Street

9+ private acres, ocean & mountain views Offered at $1,995,000 Rebecca Riskin, 805.565.8600

6 BD/5 BTH Offered at $1,898,000 Virginia Cline, 805.448.5769

3 BD/2 BTH Offered at $1,875,000 John Bahura, 805.680.5175

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6 BD/4 BTH Offered at $1,795,000 Cara Gamberdella, 805.680.3826

1590 Green lane

5 BD/5.5 BTH Offered at $1,795,000 John Bahura, 805.680.5175

1637 Posilipo Lane

7401 SHEPARD MESA

219 EQUESTRIAN AVENUE

1280 Spring road

6 BD/5 BTH Offered at $1,795,000 John Sener, 805.331.7402

4 BD/4 BTH Offered at $1,750,000 Wade Hansen, 805.689.9682

2 BD/2 BTH Offered at $1,750,000 Julie Barnes, 805.683.7392

3 BD/2.5 BTH Offered at $1,695,000 Jackie Walters, 805.570.0558

928 olive street

4 BD/2 BTH Offered at $1,690,000 John Henderson, 805.689.1066

1599 North Refugio Road

111 West Valerio

4140 Vieja Drive

1278 spring road

6 BD/5 BTH Offered at $1,650,000 Beverly/John, 805.452.7985

3 BD/4 BTH Offered at $1,600,000 Steve Cochran, 805.268.4008

3 BD/2 BTH Offered at $1,689,000 Barbara Morr, 805.245.0455

3 BD/3 BTH Offered at $1,599,000 Jackie Walters, 805.570.0558 VILLAGE INSIGHT

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R

ealtors group lobby against credit-score hits once equity-line limits are cut

by Kenneth R. Harney

Here’s a credit torture scenario that might have happened to you and that now has a major real estate lobby on Capitol Hill demanding immediate change.

Say you’ve had a solid payment record on just about all your accounts - three credit cards, your first mortgage, a home equity line and other important monthly bills. The last time you checked, your credit scores were comfortably in the 750s.

Suddenly you get a notice from the bank that because of “market conditions,” your equity line limit has been cut from $60,000 to $35,000, slightly above the $30,000 balance you’ve got outstanding. Then one of your credit card issuers hits you with more bad news: Your $20,000 limit has been reduced to $10,000. Your balance on the card, meanwhile, is about $9,000.

Guess what happens to your credit scores in the wake of the bank cuts? You might assume that nothing happens.

You haven’t been late. You haven’t missed a monthly payment. You’re a good customer.

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Wrong. Depending upon your overall financial situation, your credit scores could plunge into the upper 600s. This, in turn, could put you out of reach for a refinancing at a favorable interest rate or hamper your ability to buy a new home.

The reason for the score plunge: With the reductions in your line limits, you are now much closer to being maxed out. You are using a higher percentage of your available credit - $30,000 of the $35,000 revised limit (86 percent) on your home equity line and $9,000 of the $10,000 limit (90 percent) on your card. Credit scoring models typically penalize high utilization rates because they are statistically correlated with future delinquency problems.

No one ever warned you about this certainly not the banks that cut your credit. Now the largest lobby group on Capitol Hill, the 1.1 million-member National Association of Realtors, is demanding that Fair Isaac Corp., the creator of the FICO score that dominates the mortgage market, take immediate steps to lessen the negative impact on consumers when banks

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abruptly cancel or slash credit lines of non-delinquent customers.

In a major policy move, the realty association is calling upon Fair Isaac to “amend its formulas to avoid harming consumers whose utilization rates increase because their available lines of credit [are] reduced” despite on-time payment histories. The group wants FICO to ignore the utilization rate for such consumers or compute the score as if the credit max had not been reduced.

Ron Phipps, president of the association, said, “We’re seeing this across the country and it is hurting people who are responsible users of credit.”

Tom Salomone, broker-owner of Real Estate II in Coral Springs, Fla., said, “There’s absolutely no question these credit card and home equity line reductions are killing [home buying] deals and arbitrarily raising interest rates on people.”

In an interview, Salomone said he has seen many situations where home buyers lost 20 to 30 points on FICO

scores “but had done nothing wrong.

The banks just lowered their lines.”

He added that the inability of FICO’s software to distinguish innocent victims from people whose behavior actually merits credit-line reductions demonstrates that “FICO’s model is archaic.”

Asked for a response, Joanne Gaskin, Fair Isaac’s director of mortgage scoring solutions, said the FICO model attaches such importance to consumers’ available credit and utilization rates - they account for 30 percent of the score - because they are highly accurate predictors of future credit problems.

Research conducted by Fair Isaac last year found that consumers who utilize 70 percent of their available credit “have a future bad rate 20 to 50 times greater than consumers with lower utilizations.” Ignoring this

key indicator, the study said, would “decrease [the score’s] predictive power.”

The National Association of Realtors has also asked Fair Isaac to help out with the nationwide foreclosure crisis by revising its model to “recognize” lender codings on credit file accounts indicating that homeowners had received loan modifications approved under federally backed programs.

Rather than treating borrowers’ reduced post-modification payments as ongoing evidence that the mortgage was “not paid as originally agreed,” which depresses scores sharply, the association said, FICO scores should reflect the reality that the lender agreed to lower payments and borrowers are making payments “as agreed.”

congressional session to provide free credit scores - one each from Equifax, Experian and TransUnion, the national credit bureaus - every time a consumer orders annual free credit reports. (You can obtain your free reports once a year, without scores, at AnnualCreditReport. com or 877-322-8228.

The realty group also said it plans to push for legislation in the upcoming

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259 San Rafael Avenue 3 BD/2 BTH Offered at $1,595,000 Ron Williams, 805.637.5699

1521 olive street

4 BD/2 BTH Offered at $1,575,000 Marcy/DeAnn, 805.717.0450

16 East Constance

1019 camino del retiro

1620 Garden Street

2860 Baseline Avenue

2229 State Street

272 Dawlish Place

156 eucalyptus hill circle

3 BD/2 BTH Offered at $1,499,000 Regina Magid, 805.451.1994

3 BD/2.5 BTH Offered at $1,475,000 Tim Allison, 805.331.0230

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5 residential units Offered at $1,495,000 Bridget/Paul, 805.886.1300

4 BD/2 BTH Offered at $1,465,000 Kim Hultgen, 805.895.2067

3 BD/3 BTH Offered at $1,499,500 Carla Reeves, 805.689.7343

5 BD/4 BTH Offered at $1,499,000 Judy Crawford, 805.588.1425

3 BD/2.5 BTH Offered at $1,400,000 Mary Lu Edick, 805.565.8871

1309 Plaza Pacifica

4590 sierra madre

319 west ortega

1 BD/1.5 BTH Offered at $1,395,000 Paul/Bridget, 805.455.8055

3 BD/3 BTH Offered at $1,395,000 Emilie McMinn, 805.689.2726

3 BD/4 BTH Offered at $1,395,000 Susan Jordano, 805.680.9060

1519 olive street

2 BD/2.5 BTH Offered at $1,375,000 Marcy Bazzani, 805.717.0450

209 La Jolla Drive

3 BD/2 BTH Offered at $1,350,000 Roberta Hewson, 805.886.8679

115 Coronada Circle

652 east valerio street

120 morada lane

2697 Santa Barbara

4 BD/3 BTH Offered at $1,295,000 John Bahura, 805.680.5175

4 BD/2.5 BTH Offered at $1,285,000 Gayle Lofthus, 805.565.8615

2 BD/2.5 BTH Offered at $1,295,000 Carey Kendall, 805.689.6262

4 BD/3 BTH Offered at $1,279,000 Wayne Natale, 805.895.4406

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3025 highway 154

3155 Eucalyptus Hill

4400 shadow hills circle

2494 shelby street

3 BD/3 BTH Offered at $1,195,000 Judy Crawford, 805.588.1425

3 BD/2 BTH Offered at $1,175,000 John Sener, 805.331.7402

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3 BD/2 BTH Offered at $1,195,000 John Henderson, 805.689.1066

3 BD/2 BTH Offered at $1,070,000 Jim Witmer, 805.565.8601

1051 cheltenham road 5 BD/4 BTH Offered at $1,190,000 Kelly Knight, 805.895.4406

Your Neighborhood Lender

We’re your local lender with national strength. Every borrower and every partner of our Company is part of the Prospect family. We’re small enough to get to know you and your clients’ needs while still giving you all the loan programs, sales and marketing support that big banks are too busy to offer.

Prospect is one of the largest independent residential retail mortgage lenders in the United States.

We are backed by Sterling Partners, a private equity fund group with over $4 billion of capital under management. Headquartered in Sherman Oaks, Calif., Prospect is a leading lender offering a full range of quality home loans, including FHA & VA, Conventional, Jumbo and Super Jumbo, Renovation loans and more. Prospect is also an approved lender for more than 120,000 bank-owned properties nationwide.

In fact, we are ranked: n No. 2 in 203K renovation loan origination nationwide, according to HUD data. n No. 7 in FHA loan origination nationwide, according to Mortgage Data Web. n No.12 in total purchase loan origination nationwide, according to Mortgage Data Web.

Purchase volume accounts for 62.7% of our total applications, reflecting our deep legacy and strong relationship with real estate agents.

For more information on working with a world-class lender right in your backyard, give us a call today!

We can answer your clients’ questions and work on getting them pre-approved and ready for their home search.

Adam Black

Private Mortgage Specialist Coast Village Lending NMLS#: 266041; Branch ID: 298538 4050 Calle Real, Suite 120 Santa Barbara, CA 93110 Office: (805) 898-4228 Fax: (866) 201-4223 Cell: (805) 452-8393 Adam.Black@prospectmtg.com http://www.AdamBlackFinance.com I am licensed to originate mortgage loans in the following state(s): CA

1110-13 Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403. Prospect Mortgage, LLC (Unique Identifier #3296) is a Delaware limited liability company licensed by the Department of Corporations under the California Residential Mortgage Lending Act and operates with the following licenses: AK Mortgage Lender License #100251; AZ Mortgage Banker License #BK0903027, #BK0909362, #BK0908046, #BK0908050, #BK0908056, BK#0908057, #BK0908058, #BK0908731, BK#0903112, BK#0903912, BK#0906650, BK#0906913; To check the license status of your CO mortgage broker, visit www.dora.state.co.us/real-estate/index.htm; GA Residential Mortgage License #16984; IL Residential Mortgage Licensee #6424; MA Mortgage Lender/Broker License #MC2011; MS Licensed Mortgage Co.; MT Residential Mortgage Lender Licensee #120; NV Division of Mortgage Lending Mortgage Banker #1173 and Mortgage Broker #3095; Licensed by the NH Banking Dept.; Licensed Banker-NJ Dept. of Banking and Insurance #9932415; Operates as Prospect Lending, LLC in NY (Licensed Mortgage Banker-NYS Banking Department); Operates as Prospect Mortgage, LLC of Delaware in OH (Ohio Mortgage Broker Act, Lic # MB.803629.000); OR Mortgage Lender Licensee #ML-2006; PA Dept. of Banking license #1740; RI Licensed Lender #20021343LL, Broker #20041643LB; licensed by the VA State Corp. Commission as MC-2195. This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law.

SPECTACULAR VIEWS 3 BD/3 BTH, $999,000 Kae Dalton, 805.565.8882

GOLETA FOOTHILLS 3 BD/2 BTH, $999,000 Gail / Sharon, 805.683.7338

SAMARKAND TRI-PLEX 3 BD/2 BTH, $999,000 Julie Barnes, 805.895.9498

MONTECITO SHORES 2 BD/2 BTH, $998,000 Gail Shannon, 805.683.7338

PRIDE OF OWNERSHIP 3 BD/2 BTH, $995,000 Jim Witmer, 805.565.8601

MOUNTAIN VIEWS 3 BD/2 BTH, $995,000 Mary Lu Edick, 805.565.8871

TROUT CLUB 2 BD/2.5 BTH, $979,000 DeAnn/Elizabeth, 805.451.7488

INVESTMENT PROPERTY 3 UNITS, $975,000 Judy McDermott, 805.705.9879

SAN ROQUE 2 BD/2 BTH, $949,000 Mike Long, 805.304.5664

ADJACENT TO BILTMORE STUDIO, $937,500 Bridget/Paul, 805.455.8055

PEACEFUL EXPANSE 3 BD/3 BTH, $898,000 Judy/Robert 805.259.6318

LOCATION, LOCATION! 3 BD/3 BTH, $895,000 Kelly Knight, 805.895.4406

LUXURY CONDO 2 BD/2 BTH, $895,000 Kelly Knight, 805.895.4406

CROWN JEWEL 4 BD/3 BTH, $885,000 Elle Seymour, 805.688.8858

INSPIRING VIEWS 2 BD/2 BTH, $875,000 Elle Seymour, 805.688.8858

STUNNING 3 BD/3 BTH, $875,000 Jennie Bradley, 805.886.6644

ENTERTAINER’S DREAM 3 BD/2 BTH, $850,000 John Bahura, 805.680.5175

WELCOME HOME 3 BD/3 BTH, $849,000 Barbara Moor, 805.245.0455

BEST OF STORKE RANCH 4 BD/3 BTH, $849,000 Colleen Beall, 805.895.5881

VILLAGE COLLECTION 4 BD/3 BTH, $825,000 Jonee Hanson, 805.455.6175

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SANTA RITA HILLS 4 BD/2 BTH, $795,000 Jenae Johnson, 805.452.9812

CALIFORNIA CLASSIC 2 BD/2 BTH, $760,000 Carolyn Wood, 805.886.3838

NEW LISTNG 3 BD/2 BTH, $749,000 Mike Long, 805.304.5664

UNIQUE HOME 3 BD/2.5 BTH, $749,000 Elle Seymour, 805.688.8858

CLOSE TO DOWNTOWN! 3 BD/2.5 BTH, $749,000 Ross Harris, 805.886.2264

STORKE RANCH 4 BD/2.5 BTH, $719,000 Lynette Naour, 805.705.6539

SPACIOUS BACK YARD 4 BD/2 BTH, $709,000 Phyllis Lenker, 805.886.2342

NEW LISTING 4 BD/2 BTH, $699,000 Emily McBride, 805.252.2773

EVERYTHING TURN-KEY! 4 BD/3 BTH, $699,000 Nancy Rizzo, 805.403.2700

NEW LISTING 3BD/2 BTH, $699,000 Ian Haggerty, 805.452.1647

VILLA SAN MARCOS 3 BD/2.5 BTH, $699,000 DeAnn/Elizabeth, 805.451.7488

CRAFTSMAN 3 BD/3 BTH, $699,000 Aaron Gilles, 805.895.1877

DOWNTOWN LOCATION 3 BD/2 BTH, $699,000 Aaron Gilles, 805.895.1877

NESTLED IN A VALLEY 2 BD/2 BTH, $695,000 Nancy Rizzo, 805.403.2700

OVERSIZED LOT 3 BD/2 BTH, $689,000 Thomas Johnansen, 805.886.1857

NEW LISTING 3 BD/2 BTH, $675,000 Lyn Golden, 805.570.5888

FORTE RANCH 3 BD/2 BTH, $649,000 Carolene Davis, 805.455.4146

POLO CONDO 3 BD/2 BTH, $649,000 Susie Mayberry, 805.565.8884

HIDDEN GEM 3 BD/2 BTH, $599,000 Emily McBride, 805.252.2773

CALIFORNIA COTTAGE 2 BD/1 BTH, $579,500 John Sener, 805.331.7402

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LIVE IN PARADISE 1 BD/1 BTH, $595,000 Florence Formby, 805.695.7268

SUNNY HOME 3 BD/2 BTH, $589,000 Elizabeth Wagner, 805.895.1467

NEW LISTING 3 BD/2 BTH, $559,000 Cecilia Hunt, 805.895.3834

MISSION OAKS CONDO 3 BD/2 BTH, $550,000 Connie Meynet, 805.680.6001

GREAT OPPORTUNITY 3 BD/4 BTH, $549,000 Barbara Morr, 805.245.0455

NEW LISTING 2 BD/2 BTH, $545,000 Rachael/John, 805.895.4449

POLO CLUB 2 BD/2 BTH, $540,000 Mike Long 805.304.5664

NEW LISTING 2 BD/1.5 BTH, $529,000 Thomas Johnansen, 805.886.1857

CLASSIC CRAFTSMAN 2 BD/2 BTH, $519,000 Judy Crawford, 805.588.1425

HAVE TO SEE! 2 BD/2 BTH, $499,000 Julie Barnes, 805.895.9498

NEW LISTING 2 BD/1.5 BTH, $479,000 Hugo Mendez, 805.570.9198

BEACHSIDE CONDO 1 BD/1 BTH, $459,995 Kim Crawford, 805.886.8132

CHARMING CRAFTSMAN 3 BD/2 BTH, $455,000 Jonee Hanson, 805.455.6175

GREAT OPPORTUNITIES COMMERCIAL, $450,00 Nancy Rizzo, 805.403.2700

CLEAN & UPGRADED 3 BD/2.5 BTH, $449,000 Hugo Mendez, 805.570.9198

MOVE-IN READY 1 BD/1 BTH, $429,000 Ann Harkey, 805.565.8897

BEAUTIFUL REMODEL 2 BD/1.5 BTH, $428,500 Barbara Savage, 805.455.1933

UPSTAIRS UNIT 1 BD/1 BTH, $420,000 Mary Lu Edick, 805.565.8871

MOUNTAIN VIEW 1 BD/1 BTH, $399,000 Gregg Leach, 805.886.9000

COTTAGE STYLE 3 BD/2 BTH, $395,000 Judy Crawford, 805.588.1425

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MOUNTAIN VIEWS 2 BD/2 BTH, $275,000 Daniel Warnars, 805.680.2712

OWNER WILL CARRY! 2 BD/2 BTH, $239,000 Daniel Warnars, 805.680.2712

RANCHO GOLETA 2 BD/2 BTH, $229,000 Daniel Warnars, 805.680.2712

OPEN & BRIGHT 2 BD/1 BTH, $217,000 Mike Long, 805.304.5664

BANK OWNED 3 BD/2 BTH, $135,000 Daniel Warnars, 805.680.2712

BEAUTIFUL 2 BD/1 BTH, $79,000 Hugo Mendez, 805.570.9198

LIKE BRAND NEW 3 BD/2 BTH, $225,000 Daniel Warnars, 805.680.2712

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How to Walk Through a House

by Randall Barnes

While it sounds simple, walking through a house you’ve never been in before is not just as easy as putting one foot in front of another.

Real estate agents and buyers walk through hundreds of houses per year, seeking to find that one special property. The amount of natural light is evaluated, as are the appliances, and the relationship of one room to another. The quality of the finishes is examined, and the size of the kitchen. All these elements are important considerations when touring homes for sale.

But every structure has a story to tell, and if you know what to look for and where to look, you can detect more than the average person. You can be a more informed agent, or a more savvy buyer, and you just might save your self a lot of money.

One word of caution before we begin our sleuthing: If you are serious about making a purchase, and have questions about the structure, bring in experts in the various disciplines necessary to get professional

advice. Soils engineers and structural engineers, licensed contractors, architects, water infiltration experts and roofers are examples of professionals that can make field inspections and conduct tests, and give you the assurances you need to move ahead with confidence.

But your powers of observation can tell you a lot about a home. They’ve guided well through your life up to this point, so use them to your benefit when walking through a house.

Walk up to a door, and swing the door closed. Interior or exterior doors can be used for this test. When the door is in closed position in the frame, there is a small space between the top and sides of the door and the frame. This gap, called a door margin by builders, should be consistently about 1/8” around the door.

Study the margin, and see if the space is equal at the top and bottom of the door.

If the door rubs against the frame at the top, and has a large margin at the bottom, it could be an indication that the house has moved, is moving, or has settled. Any

movement would cause the otherwise square door opening to become a slight parallelogram. Check 50% of the doors in the house, and see if they are all tilted in the same direction. This may tell you more about the way the house has moved or settled. Be aware though: Houses can be built with the door margins being off as a result of poor carpentry practices, so you need to keep this in mind.

Another method for trying to figure out if a house has settled or is settling is to look at the drywall or interior plaster wall surfaces near the doors and windows. Often when a home settles or moves, cracks develop off of the corners of the windows and doors, running at approximately 45º from the corner. Cracks of this nature often scare buyers, but they don’t necessarily mean trouble. All homes crack, for many possible reasons. After all, they are constructed from rigid materials on an earth that moves, with winds that push relentlessly on them, and on soil that is plastic. The question to answer with your observation is whether these are small, tight cracks where the wall surface is still flat, or are these large, open

Santa Barbara

2005-

These graphs tack all sales in th Santa Barbara County on a mon years.

The sales in the South County date closed escrows are about

In the North County, where dis big part of the market, the sales year.

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cracks where there is a noticeable off-set on either side of the crack? Long, large, open cracks would warrant a bit more investigation.

The last way to try to determine if a house has moved, or may still be moving, it to walk around slowly, and with a heightened sense of whether the floor undulates. This can be difficult to do, and doesn’t always mean trouble. Older homes, especially raised foundation homes with framed wood floor systems, tend to have uneven surfaces, and that doesn’t always translate into trouble. It becomes a matter of “When is some undulation too much?” and that is a question for an expert, such as a structural engineer. When in doubt, a floor elevation survey can be done to get additional data on exactly how much the floor rises and drops.

Many older homes were constructed in times where the structural requirements were considerably less than they are today.

Forensic studies of failed structures after earthquakes and other events have lead to building methods that yield much stronger buildings. Most buildings today have framing members (studs that make the walls, joists that support the floors or

flat ceilings, and rafters that support the roof ) placed every 16” to create the needed strength. In earlier days, the spacing used on framing was every 24” or more. The result was sagging roofs and floors that are still serviceable, but may need additional strengthening at some point. Stand outside the house, positioning yourself near the eave of the house, and look up the slope of the roof. Move yourself closer to or away from the house, so the lowest part of the eave is aligned with the ridge of the roof.

Are the two lines parallel, or does one line sag when compared to the other? Also, while you have the viewpoint, look at the slope of the roof from the eave to the ridge. Does it have a sag in it? Structural engineers call this deflection in the framing lumber, and it can be an indication that the roof rafters are spaced too far apart, or the roof is too heavy for the rafter sizes.

Wood roof rafters will eventually deflect under their own weight, or when subjected to a load (like the weight of the roofing) for long periods of time. Again, you should get expert advice to confirm or explain what your observations tell you.

There are many other tricks of the trade that can be used when walking through an unfamiliar building. Most are based on

some knowledge, but mostly observation.

Is there efflorescence (a white powdery substance) on the foundation, which can be evidence of water? What is the condition of the existing roof? Are there any water stains on the ceilings inside the house?

Does rainwater drain toward the house, and possibly get into the crawl space? Is there sufficient number of foundation vents to adequately ventilate under the house, helping to keep the crawl space dry?

Do the windows open and close easily, or has the house moved?

A licensed, qualified home inspector’s report can shed light on many of these issues. But you, too, are equipped with powers that can help you get a sense of any building you tour. Use your awareness to help you gain information, and then ask the questions that you need to of the experts. Be a keen observer, get the best information, and make the right buy!

Randall Barnes is President of Signal Construction in Santa Barbara, CA (www. signalconstruction.com) Mr. Barnes can be reached at rbarnes@ signalconstruction.com, or 805-895-4985.

a County Sales

-2010

by Jim Witmer

he Southern and Northern nthly basis over the last 5 are steady and the year-to10% above 2009.

stressed properties are still a s are about 13% less than last

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V illage Properties  Lan d Lots

RARE OPPORTUNITY!! $6,300,000 Ocn & mtn view estate site on Montecito’s East Mtn Dr. 11+/- acres (2 parcels) of privacy & panoramic views, offers incredible potential for a buyer.

Rebecca, 565-8600/John, 570-9454

EXCEPTIONAL LOCATION $1,175,000 3.5 +/- acre view parcel is ready to build Private gated entrance, income producing orchard, breathtaking views. Proximity to freeway, shopping, schools all just minutes away.

John Sener, 331-7402

BALLARD MEADOW RANCH $650,000 Parcel A of PM 14,649. This is the first lot on the right as you enter Ballard Meadow Ranch from Baseline. Previously a part of 1775 Still Meadow Road.

Wayne Natale, 688-1620

BEST SITE IN MONTECITO $3,900,000 White-water ocean, harbor, and mountain views up San Ysidro Canyon. At the end of the road. Not on the market since 1982.

Ted Campbell, 886-1175/ Ed Edick, 565-8866

PRIVATE & PEACEFUL $1,050,000 1.7 acre lot at the end of prvt lane w/mtn & ocean view. All utilities are underground. soil & survey report & plans for 5,000 sq. ft. home are avail. Seller may finance.

Regina Magid, 451-1994

MISSION CANYON HEIGHTS $460,000 Parcel with ocean, island, and mountain views. Build your dream home in this neighborhood of lovely homes. Owner will carry 1st TD for qualified buyer.

Patricia Griffin, 565-4547

PANORAMIC PARCEL $995,000 45 acres w/level pad located behind prvt gates in Mont. foothills awaits pioneering spirited buyer looking for seclusion.

John Henderson, 689-1066

BUILD YOUR DREAM HOME $375,000 Build your home over looking the Foxen Cny Wine Trail. Views of vineyards, mtn and city lights. Level to gently sloping 13+ acres. Prvt well. Located on a gated private, country road.

Margie Yznaga, 294-5050

COMPLETION PROJECT $2,900,000 Harrison Design Assoc, for a classic Italian Mediterranean Villa, 5,400sq. ft., + pool & cabana, Land Use permit ready, considerable site and landscape improvements completed, MUSD.

Wade Hansen, 689-9682 ENNISBROOK ESTATE SITE $1,995,000 Ocean view parcel (1.5+/-acres) w/ fully approved plans by Don Nulty, in Montecito’s prestigious gated community Ennisbrook.

Rebecca Riskin, 565-8600 STUNNING VIEWS $1,750,000 Stunning panoramic ocean views, approx 276 feet of road frontage, existing home for remodel or site for estate home compound.

Wade Hansen, 689-9682 FLAT TOP PARCEL $1,695,000 Mountain Views from this usable flat top parcel. Currently a container plant nursery - Ag Zoning, 2’’ water meter.

Currently in the Williams Act/AG preserve. Two parcels.

Carolyn Wood, 886.3838 UNOBSTRUCTED VIEWS $1,394,000 Panoramic & unobstructed coastal, island, city & mountain views from the ridge of Campanil Dr., close to town, is this spectacular view lot to create an exceptional home. Wayne Barker, 637-2948

LA ROMANA STARTING AT $995,000 Beautiful, view lots, approximately 1/2 acre located in gated community of La Romana in the Santa Barbara Foothills.

Dianne, 455-6570/Renee, 565-8868 WINE COUNTRY GATEWAY! $849,000 Tree lined 10+/- fabulous acres with water & utilities, one of the best land values near the Ballard Cyn wine trail! Potential seller financing! Carey Kendall, 689-6262/

Jenae Johnson, 452-9812

GREAT BUILDABLE LOT $350,000 Great building lot in Santa Ynez. Sr says SELL! Approximately .24 acres.

Virginia Cline, 448-5769

ONE OF A KIND - MUST SEE! $799,000 Visit www.SchulteLane.com for a virtual tour. Additional lots of 1.8 acres available.

Call listing agent for details.

Darin Guglielmo, 698-6280 GREAT PARCEL! $795,000 Parcel B of PM 14,649. Previously part of 1775 Still Meadow Road. Great useable parcel with great views of the San Rafael Mountain Range. Wayne Natale, 688-1620

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CRAIG ABREU (805) 695-7282

VIVIEN ALEXANDER (805) 695-7260

JANE ALEXANDER (805) 000-000

LOYD APPLEGATE (805) 565-8874

WAYNE BARKER (805) 565-8886

LYNN BAUERSFELD (805) 565-8890

MARCY BAZZANI (805) 565-4542

COLLEEN BEALL (805) 000-000

NICOLE BYRNES (805) 565-8898

BRIAN CAMPBELL (805) 565-8550

SHANDRA CAMPBELL (805) 565-8872

TED CAMPBELL (805) 565-8875

RUTH CARTER-KOSH (805) 565-8892

VICKIE CRAIG (805) 695-7264

THOMAS DABNEY (805) 565-8608

KAE DALTON (805) 565-8882

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ED EDICK (805) 565-8866

MARY LU EDICK (805) 565-8871

LINDA FAREED (805) 969-5151

SHARON FISHER (805) 695-7265

FLORENCE FORMBY (805) 695-7268

DIANA FORNAS (805) 895-2777

AARON GILLES (805) 695-7267

PATRICIA GRIFFIN (805) 565-4547

NATALIE GRUBB (805) 565-8879

RENEE GRUBB (805) 565-8868

WADE HANSEN (805) 565-4552

ANN HARKEY (805) 565-8897

DAVID HECKHOUSE (805) 565-8619

JOHN HENDERSON (805) 565-4545

KIM HULTGEN (805) 695-7270

CECILIA HUNT (805) 565-4554

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DON HUNT (805) 565-4555

SHEELA HUNT (805) 565-8864

DANA ISTRE (805) 695-7269

SUSAN JORDANO (805) 565-4544

ROBERT KEMP (805) 695-7263

DAVID KIM (805) 695-7273

BRIAN KING (805) 695-7272

GREGG LEACH (805) 565-8873

GAYLE LOFTHUS (805) 565-8615

MICHELLE MABARDY (805) 565-8609

RON MADDEN (805) 565-4541

BILLY MANDARINO (805) 683-7384

SUSIE MAYBERY (805) 565-8884

EMILY MCBRIDE (805) 683-7359

EMILIE MCMINN (805) 565-8896

BIRGITTE MICHAELSEN

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(805) 565-8602

MARILYN MOORE (805) 565-4543

MITCHELL MOREHART

(805) 565-4546

HELGA MORRIS (805) 565-4551

BRIDGET MURPHY (805) 565-8605

CHARLENE NAGEL (805) 565-8878

BEVERLY PALMER (805) 695-7261

ELBERTA PATE (805) 565-4549

SUSAN PATE (805) 565-4548

PAMELA REGAN (805) 565-4556

REBECCA RISKIN (805) 565-8600

LYNN ROLLINS (805) 565-8617

BARBARA SAVAGE (805) 565-4540

JOHN SENER (805) 565-8867

GLORIA VAUGHN (805) 565-8862

LEE WALSH (805) 565-4553

TIM WALSH (805) 565-8881 VILLAGE INSIGHT

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JACKIE WALTERS (805) 565-4598

ROB WILLIAMS (805) 695-7277

Village Properties, Montecito

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JIM WITMER (805) 565-8601

CAROLYN WOOD (805) 565-8880

“Scientia Potentia eSt” “Knowledge iS Power”

subscribe to the new, free, VILLAGE INSIGHT digital magazine and increase your real estate knowledge with our highly informative articles. also, take delight in the entertaining feature articles.

Share it with friends & family!

!Click on the link for your FREE subscription!

www.villagesite.com

Watch the Sail Boats Go Bye Magical Sanctuary $6,800,000 (page 22)

TIM ALLISON (805) 683-7330

JOHN BAHURA (805) 683-7370

AMY BAIRD (805) 683-7314

JULIE BARNES (805) 683-7392

PRISCILLA BEDOLLA (805) 683-7374

RACHAEL BISSIG (805) 683-7369

TOBY BRADLEY (805) 681-8116

CINDY CAMPBELL (805) 683-7349

GAIL COOLEY (805) 683-7379

KIM CRAWFORD (805) 681-8132

BOB CURTIS (805) 683-7333

CAROLENE DAVIS (805) 681-8118

NICOLE DINKELACKER

JOHN FAULKNER (805) 683-7358

CAROLYN FRYER (805) 681-8126

CARA GAMBERDELLA (805) 683-7336

(805) 681-8110

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DARIN GUGLIELMO (805) 683-7361

IAN HAGGERTY (805) 683-7367

TIFFANY HALLER (805) 683-7383

ROSS HARRIS (805) 683-7397

ROBERTA HEWSON (805) 683-7385

DIANNE JOHNSON (805) 683-7375

CAROL KELLER (805) 681-8117

TONI KIRALY (805) 681-8115

KELLY KNIGHT (805) 683-7362

ANDRIANA KOLENDRIANOS

CAROL KRUCKENBERG

(805) 683-7345

JUNE LAULA (805) 683-7351

PHYLLIS LENKER (805) 683-7376

MIKE LONG (805) 565-8618

REGINA MAGID (805) 683-7396

JUDY MANSBACH (805) 683-7329

(805) 681-8124

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LOUIS MANZO (805) 683-7346

SUSAN MANZO (805) 683-7395

JUDITH MCDERMOTT (805) 683-7364

LOUISE MCKAIG (805) 683-7393

HUGO MENDEZ (805) 681-8130

JANINE MICHAUD (805) 683-7324

LYNETTE NAOUR (805) 683-7389

JOANN POATTO-GOMEZ

DEAN RABER (805) 681-8119

CARLA REEVES (805) 683-7341

JOAN ROBERTS (805) 683-7323

MARTY RODGERS (805) 681-8111

RUSCHA ROBBINS (805) 695-7262

CHRIS SALVETTI (805) 683-7387

ADRIENNE SCHUELE (805) 683-7371

GAIL SHANNON (805) 683-7338

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(805) 683-7380

NANCY SOMBERG (805) 886-2102

ALYSON SPANN (805) 683-7331

STEPHEN STITH (805) 683-7368

NINA STORMO (805) 681-8112

PAUL SUDING (805) 683-7377

JENISE TREMBLAY (805) 683-7378

ELIZABETH WAGNER (805) 683-7388

DANIEL WARNARS (805) 681-8120

MARTA WEEKS (805) 683-7311

DEANN WILSON (805) 565-8610

SHARON WILSON (805) 683-7390

MARGIE YZNAGA (805) 683-7334

DIANNE YOUNG-PORNISH

(805) 681-8121

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LISA ALLEN (805) 705-3460

PATTY ARMOR (805) 350-4038

JENNIE BRADLEY (805) 886-6644

CHARLOTTE CREDAHL

VIRGINIA CLINE (805) 448-5769

PATTI COTTER (805) 680-0769

JUDY CRAWFORD (805) 588-1425

JONEE HANSON (805) 455-6175

JENAE JOHNSON (805) 452-9812

LYNN GOLDEN (805) 570-5888

CAREY KENDALL (805) 689-6262

CONNIE MEYNET (805) 680-6001

BARBARA MORR (805) 245-0455

WAYNE NATALE (805) 680-7227

NANCY RIZZO (805) 403-2700

ELLE SEYMOUR (805) 680-6677

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(805) 350-4444

JERRY SWANITZ (805) 689-6631

KRISTY WHITE (805) 6373723

VISIT + MOVE + LIVE Santa Barbara County’s breathtaking coastline, friendly locals and endless outdoor activity make it a perfect vacation destination.

So much so, that every year over 6 million people visit our fine city and surrounding areas. And some of them take it one step further - they relocate to make Santa Barbara County their permanent home.

The following websites are provided to assist you in your journey. Whether you plan to visit, move and/or live in Santa Barbara or its neighboring cities, we hope you find the provided links helpful and enjoyable to peruse.

SB County Website This site is a must go-to whether you are visiting, moving, or currently living in the Santa Barbara County.

Provided by the County Of Santa Barbara, this site offers extensive information in many categories including living, working, business, vacationing and government agencies. Click here to visit website.

Santa Barbara Conference & Visitors Bureau and Film Commission This site is good for folks planning a visit to Santa Barbara and its surrounding areas. Visitor information, hotel tips, food and drink recommendations, general points of interest, as well as outdoor recreation, beaches and park listings are all at your fingertips. Or mouse. Click here to visit website.

Wikipedia: Santa Barbara Even folks who have lived in Santa Barbara for a number of years will learn a new thing (or 2, or 3!) about their beloved American Rivera. Wikipedia has an superb (and extensive) reference guide to Santa Barbara County.

Its many topics include, to name just a few; history, demographics, neighborhoods, education and transportation.

Click here to visit website.

SB Chamber of Commerce A fully comprehensive site of living, working, business, visiting and government information for the Santa Barbara County. This site offers links and information to assist with career opportunities, services, maps, recorder and assessor, bid opportunities and emergency contacts. Click here to visit website.

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Craigslist: Santa Barbara Craigslist is truly one helpful site.

Find furniture, employment, even new friends! Click here to visit website.

Santa Barbara County Schools The official site of the Santa Barbara County Education Office provides a comprehensive list of school districts in Santa Barbara, Carpinteria, Santa Ynez, Solvang, Goleta, Santa Maria and more. Click here to visit website.

Santa Barbara Parks & Recreation A great blog site, updated often. The site contains excellent information about ongoing Parks and Recreation events. The website highlights the various recreation centers in the area, seasonal programs, classes and more.

Classes and programs are available for youths and adults of all ages. Click here to visit website.

Winter Events There’s always plenty to do in and around Santa Barbara during the Winter. Go ahead and explore.

11th Annual Trolley of Lights Tour December 10th - 23rd It’s a 90 minuter tour of neighborhood holiday lights starting at 6:30 p.m.

Contact (805) 965-0353 or sbtrolley.com Holiday Spirit Parade Carpinteria, downtown Linden Avenue December 11, 2010 3:00 PM - 4:00 PM Annual Holiday Spirit Parade Harbor Parade of Lights/Santa’s Village-Silver Bells and Winter Swells December 12th, 2010 The 25th Annual Parade of Lights takes place on Sunday, December 12th. Festivities begin with a Santa’s Village event at 3:00 p.m. on the City Pier featuring a visit from Santa, ten tons of snow, and holiday music.

Distinguished judges, along with

thousand of spectators will cheer on 30 to 50 boats decorated to the theme of “Silver Bells and Winter Swells.” A short fireworks display will follow the boat parade, followed in turn by an awards ceremony at the Carriage and Western Art Museum of Santa Barbara at 129 Castillo Street. This year’s parade celebrates a quarter-century of Santa Barbara harbor boating tradition.

New Year’s Day Hang Gliding and Paragliding Festival Elings Park January 1st, 2011 Located in Elings Park, the celebrations are marked by picnics, music and watching the gliders overhead.

Contact : www.flyaboveall.com or (805) 965-3733

Santa Barbara International Film Festival 26th Edition January 27th – February 6th, 2011 The Santa Barbara International Film Festival (SBIFF) is a film festival and non-profit organization, established in 1985, that showcases independent American and international films.

The SBIFF line-up includes 20 world premieres and 11 U.S. premieres, with newly expanded 11-day festival.

Opening and closing night festivities take place at Santa Barbara’s historic Arlington Theater.

The festival has honored and featured many major actors and film personalities, including Leonardo DiCaprio and Al Gore.

14th Annual Valentine’s Day Benefit Auction 653 Paseo Nuevo February 12, 2011 (8:00 - 11:00 p.m.)

(80) 966-5373 Venue: Santa Barbara Contemporary Arts Forum. Brought to you as a latenight, benefit extravaganza inspired by the romance and sophistication of the holiday, this fundraiser for the arts offers high-end live and silent auction lots including exceptional wines, luxury items, and world-class artwork by internationally renowned artists! Indulge your senses as with the following pairings: fine wines & cocktails, delectable cheeses & chocolates, and hip music & dancing!

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Village Activity Village Properties, the largest locally owned real estate firm in Santa Barbara County, is a beehive of activity. With over 150 dedicated, professional and experienced agents, it’s no wonder so many clients are helped each and every day with their real estate transactions.

Here’s a quick overview of how our agents have been assisting their clients over the past three months.

3255 Cliff Dr

$5,295,000

46 Olive Mill Rd

$1,395,000

114 Pomar Ln

$4,478,000

1647 Posilipo B Lane

$1,389,000

1300 Barger Canyon Road

$3,395,000

1086 Via Los Padres

$1,350,000

1809 Anacapa Street

$2,795,000

1542 Cliff Dr

$1,235,000

180 Tiburon Bay Lane

$2,685,000

930 Diamond Crest Court

$1,195,000

1122 Bel Air Dr

$2,499,000

1230 Manitou Lane

$995,000

3099 Hidden Valley Lane

$2,395,000

5538 Calle Arena

$949,000

239 Ortega Ridge Rd

$2,395,000

506 Calle Alamo

$949,000

300 Sheffield Drive

$2,295,000

645 Flora Vista Dr

$899,000

916 Via Los Padres

$2,049,000

630 Grove Lane

$895,000

2000 North San Marcos Rd

$1,795,000

873 LA MILPITA RD

$859,000

1195 Camino Manadero

$1,775,000

1716 Calle Boca Del Canon

$839,000

2038 Cielito Lane

$1,495,000

5286 Vista Bahia

$839,000

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99 Placer Drive

$815,000

1509 Mountain Ave

$799,000

2903 Buckboard Lane

$798,000

1093 Holly Ave

$705,000

601 East Victoria Street

$699,000

2909 Paseo Tranquillo

$689,000

609 Las Perlas Dr

$679,000

3756 Greggory Way #2

$669,000

1287 La Pala Lane

$649,000

548 Hastings Drive

$649,000

370 Syamore Drive

$640,000

3375 Foothill Road #322

$629,000

654 Mayrum Street

$598,500

3375 Foothill Road #831

$580,000

95 Surrey Place

$549,000

3490 Tivola Street

$495,000

7630 Hollister Ave #341

$359,000

4280 Calle Real 96

$159,000

333 Old Mill Road #112

$129,000

125 Sierra Vista

$119,500

3950 Via Real #68

$90,000 VILLAGE INSIGHT

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