Thursday, December 1, 2011

New Listing ~ 337 Vista Pacifica ~ Ocean Views on the Mesa























This lovely ocean & island view 3B/2B Vista Pacifica home awaits you, with a 2-car garage, high ceilings, step-down living room, beautiful landscaping, and a fabulous location on the Mesa. Enjoy views of the ocean through the large living room windows. Experience privacy with the manicured hedges. Head outside to nearby parks, beaches, one of our top local health-food markets, numerous restaurants, and so much more. Call or email Emily McBride at 805.252.2773 or emily@villagesite.com. Offered at $969,000.

Monday, November 28, 2011

MiniListings - Agent Spotlight on Emily McBride

Thanks to the MiniListings Team for placing me in their "Agent Spotlight" this month. Here is the article... Or, view the article here.

Agent Spotlight: Emily McBride

This month’s agent spotlight is on Emily McBride, an agent with Village Properties in Santa Barbara. Emily has over ten years experience in real estate, and she has made the most of her time in the industry developing a wealth of knowledge and a deep network of contacts. She has been involved and represented both buyers and sellers in a variety of transactions covering all types of residential sales to real estate development projects. Even through this difficult market, Emily has continued to succeed, a product of her hard work, positive attitude, commitment, persistence and integrity. Emily also has a strong creative side which is evident not only in her real estate business but also in her passion outside of real estate, painting.

I’ve included a few of Emily’s paintings in this article. Clicking on any of the images will direct to a full size version of the painting at her website.

Quintessential IslaVista by Emily McBrideI recently had the opportunity to speak with Emily about how she got into real estate, why she likes it, how she uses technology in her business, what advice she gives to new agents, and her passion for painting.

How did you get your start in real estate?
I started out in real estate on the mortgage side of the business. I worked for Wells Fargo Home Mortgage while I was working on my Business-Economics & Accounting degree at UCSB. The job was great, but the mortgage side did not provide a lot of personal interaction with clients, so I decided to make the switch to real estate sales. Being in real estate provided more interaction with clients and allowed me to use more of my creativity. In 2001, while still in college, I worked with an agent team at Coldwell Banker here in Santa Barbara for a couple of years doing marketing, overseeing inspections and managing escrows. Learning both the finance and the sales sides of the business while in college was a great experience. Once I got my own license, I spent more time selling homes at Coldwell Banker and I even closed my first escrow within 30 days!

You’ve been with Village Properties since 2004, what drew you to them?
Uluwatu by Emily McBride Village Properties is special because it is a high quality, boutique brokerage that is locally owned. With about 150 agents, it’s the largest locally owned brokerage in Santa Barbara. Being able to know and interact with the ownership is great and has enabled me to take on some unique projects that may not have been possible at other places. For example, during 2008, I spent a lot of time in New York City selling residences at the W New York. I was working on both coasts, spending 10 days in New York City, and 4 days in Santa Barbara every two weeks. Renee Grubb & Ed Edick, the co-owners of Village Properties, understood it was temporary and that it would allow me to strengthen my network of contacts. It was a great experience that has helped me in my career. In fact, my W New York experience was one of the reasons that I was selected to work on Alma del Pueblo, an exciting new real estate development project with 37 residences and commercial space in downtown Santa Barbara.

What do you like most about working in real estate?
In real estate, every deal is a new challenge and every client is unique, which makes every transaction different. One of the special projects I’m currently working on is an estate property in Montecito know as El Fureidis, which has quite a bit of history. It was built by architect Bertram Goodhue from 1890-1906. Charlie Chaplan was married there, rumor has it that John and Jackie Kennedy spent part of their honeymoon there, it was the source of the rare palm trees now in Disneyland’s Jungle Cruise ride, and it was featured in the 1983 film “Scarface” as Tony Montana’s mansion. I’m also selling some polo fields locally, and that’s been a very interesting experience that I have enjoyed very much. I like working on these larger projects because it requires me to use all of my resources and creative energy, which I really enjoy.

What role does technology play in your business?
The majority of my business is done through referrals, so I use technology as a platform to generate and receive them. I maintain a website, a blog, a Facebook business page, LinkedIn profile, and Twitter account. I also use a service called Emma to send out a regular newsletter. My goal is to use technology to stay in front of people so they remember me when they, or someone they know, are ready to buy or sell a property. My online presence also helps me with my Google search results. Since people will usually “Google” you before hiring you, maintaining a strong online presence helps build credibility and reinforces their decision to work with me.

How does mobile technology, particularly your phone, help you with your business?
I use my phone to stay connected and up-to-date on my business through email, texting, and phone calls. I probably write more emails on my phone these days than on my computer! Texting is also a tool that I use a lot. I use texting with all of my clients, and not just the younger crowd. I’ve used text messaging to communicate with clients who range in age from 20 to 85 years old.

What phone are you currently using?
Emily's miniListings application I have the iPhone 4, not the 4S, so I don’t talk to my phone just yet. I also have an iPad2 with 3G that I use a lot.

Do you use a lot of apps on your phone?
Yes, I use a lot of apps, so many that I had to put them into folders to categorize and keep track of them! My latest favorite is an app called Sign-N-Send. It’s great for viewing and forwarding documents, but the most amazing feature is that it lets you sign them right there on your phone, too.

Speaking of apps, how do you use and promote your miniListings app?
My miniListings app is another tool in my technology toolbox. I like to give it to my clients so they can show their friends when their looking for properties. It also demonstrates to my clients that I am keeping up with the latest technology by having my own mobile application. In addition to showing my clients the app, I also promote it in my email signature, through my newsletter, and also on my Facebook page.

Emily in the StudioWhen you’re not working on real estate, you like to paint. How and when did you get started?
Interestingly enough, it was one of my real estate clients, Cheryl Marquis-Hilliard, who inspired me to start painting. I saw the paintings she had done, and she encouraged me to try it out. I started painting in 2003 under the guidance of Buck Paulson, who was her mentor as well. A number of years ago, I sold Cheryl’s beautiful house in Hope Ranch, which was where our group would get together to paint, and we were sad to see her move away, but our group is still together over 8 years later, and Buck Paulson is still my mentor. Most of my paintings are landscapes – typically waves or ocean scenes. I’ve had a lot of fun doing shows around town in 2009 and 2010 where my paintings were on display, but I haven’t been doing many shows this year. I do have plans for one or two shows in 2012, and no matter how busy I get with real estate, I still make it a point to get in the studio at least once a week and block the time out on my calendar to make sure it happens. Typically, I can finish about one or two paintings a month.

You can see more of Emily’s beautiful paintings by viewing the gallery on her website at emilykmcbride.com, or by clicking here. You can also order prints of Emily’s work at http://www.twism.com/collections/emily-mcbride.

One last question, you’ve worked with and mentored new agents. What advice do you give them, particularly younger agents who are just starting out?
There are two things that have worked for me that I tell new agents. First, find a top producing agent that you can work for who will act as a mentor. It’s the best way to learn the business, and best of all, you will actually get paid while you are learning. Second, be willing to work on all types of property transactions as it will open up doors to bigger and better projects. My goal when I started out was to work on all types of properties, and having those experiences has definitely opened up some amazing opportunities for me in my career.

Cabrillo Blvd Morning For by Emily McBride
I’d like to thank Emily for participating in this month’s agent spotlight. Emily is proof that experience is not just a function of age but also a function of hard work, commitment and persistence. She has accomplished an incredible amount in her 10+ years in the business, and I’m looking forward to seeing what she accomplishes in the future.

If you’d like to learn more about Emily, check out her website, emilymcbride.com, and if you go to her website using your phone, you’ll get to see her miniListings web application in action.

Weekly Snapshot Statistics - Santa Barbara Real Estate Market

For the week of 11/21/2011-11/27/2011 

16 new listings
24 price changes
34 sales pended (25 under $1M, seven $1-2M, two $2-4M)
16 closed (10 under $1M, three $1-2M, two $2-4M, and one $4-8M)
26% of the closed sales were over $1M

The new listings typically slow down around this time of year, and will be picking up again after the holidays. Hope everyone had a nice Thanksgiving! 

Thursday, October 27, 2011

Helping Underwater Borrowers ~ An update from the Federal Housing Finance Agency (FHFA)


Here is a recent release from the Federal Housing Finance Agency:


The Federal Housing Finance Agency, along with Fannie Mae and Freddie Mac, on Monday announced changes to the Home Affordable Refinance Program (HARP) to help more borrowers.

The program will continue to be available to borrowers with loans sold to Fannie Mae and Freddie Mac on or before May 31, 2009, with current loan-to-value (LTV) ratios above 80 percent.

The new program enhancements address several other key aspects of HARP including:
  • Eliminating certain risk-based fees for borrowers who refinance into shorter-term mortgages and lowering fees for other borrowers;
  • Removing the current 125 percent LTV ceiling for fixed-rate mortgages backed by Fannie Mae and Freddie Mac;
  • Waiving certain representations and warranties that lenders commit to in making loans owned or guaranteed by Fannie Mae and Freddie Mac;
  • Eliminating the need for a new property appraisal where there is a reliable AVM (automated valuation model) estimate provided by the Enterprises; and
  • Extending the end date for HARP until Dec. 31, 2013, for loans originally sold to the Enterprises on or before May 31, 2009.
Fannie and Freddie plan to issue guidance with operational details about the HARP changes to mortgage lenders and servicers by Nov. 15. Since industry participation in HARP is not mandatory, implementation schedules will vary as individual lenders, mortgage insurers and other market participants modify their processes.

More info

Thursday, October 20, 2011

Recently Sold ~ 455 Foxen Drive, Santa Barbara, CA 93105

Recently Sold ~ Represented Buyers

455 Foxen Drive
Santa Barbara, CA 93105

Offered at $1,235,000


























Four Bedrooms, Two Bathrooms
2500 Square Feet
2-Car Garage
Hardwood Floors Throughout
Large, Open Kitchen
Gorgeous Den
Hot Tub in Back Yard
Great for Entertaining
Formal Living Room
San Roque ~ Great Neighborhood
Beautifully Redone
Cathedral Ceilings
3 Fireplaces
French Doors
New Kitchen
Granite Counters
Viking Appliances
Crown Molding

Recently Sold ~ 4Plex ~ 614 Kentia Avenue, Santa Barbara, CA 93105

Recently Sold ~ Represented Buyer

614 Kentia Avenue
Santa Barbara, CA 93105

4-Plex consisting of four 2B/1B units. Rents ranging from $1450-1550/unit.
Close proximity to downtown, schools, parks, the bike path, and freeway access.
Laundry on site.







This particular escrow took 7 months to close, due to some repairs that needed to completed. The property had been in escrow prior to our escrow, when a buyer discovered mold at the property. That buyer canceled escrow after his request for a large credit was declined. I heard about the shaky escrow & informed my client. We wrote an offer immediately, making it part of our offer that the mold work be completed prior to the close of escrow. It was a large feat and very costly to move out and rotate four sets of tenants & fully remediate the mold, and put the building back together, but the Seller held up their end of the agreement & performed the work as agreed. The property was fully rented again before the close of escrow. This property makes for a great long-term investment!

Recently Sold ~ 403 Alameda Padre Serra, Santa Barbara, CA 93103

Recently Sold ~ Represented Buyer

403 Alameda Padre Serra
Santa Barbara, CA 93103

Closed at $795,000 
*Originally offered for $1,195,000

 













Elegant, Spanish-Style Town-Home 
Brand New Construction  
Ocean/Harbor/City Views
Turn-Key
Riviera Location ~ Close to Downtown
3 Bedrooms, 2.5 Bathrooms
Hardwood Floors
Attention to Detail
2-Car Garage
Backyard
Stainless Steel Appliances
Sandstone Fireplace
Gorgeous Fixtures

Monday, September 26, 2011

Cinque Terre - Love this place!

I was a little worn out after the South of France wedding events...and after missing two flights just to get to Nice, and then leaving Nice a day late and uncertain if we would make the train to Cinque Terre, I almost ruled it out and went straight to Tuscany. Remember, we didn't plan a thing, so it wasn't like we had hotels to cancel... It's a good thing we made that train and didn't skip what has become another one of my most favorite places in the world. There were other trains too...I had just lost some "travel patience" at that point, and my feet hurt after all that dancing in the cryptic abbey...so it wasn't like that was our only chance to get to Cinque Terre...

Here is a map of the towns: 

Map of Cinque Terre
The train from Nice to Cinque Terre only took a few hours. Don't ever eat on a train. I had forgotten that from my last Europe trip... It's like a sin to eat that terrible food when the best Caprese in the world is just beyond the train tracks. We arrived in Cinque Terre, one of the most visited places in the world, with nowhere to stay. That's one thing I wish we had planned for. We had hoped (and read online) that the first station in Cinque Terre (Monterrosso al Mare) would have lockers where you could store your luggage, so we thought we'd do that and then trek around looking for a great place to call home for a couple days. Not the case. Monterosso al Mare has a "Tourism" office right by the train station, and they always keep track of what hotels have room. Luckily we found something. I was a little scared of it at first (this shady looking Italian guy walks us out the building where the front desk was, around the corner, and down the street to another building that was too dark for me, and we proceed up 3 flights of stairs and past another shady looking Italian guy who is sweating and has a tank top on...so that wasn't a good start), but once we got down another hallway and into our room, and we opened the hurricane shutters, I saw that it was clean, could sleep up to 4 people, and had a great balcony with views of the mountains and the ocean. And, since it was the only place available & I didn't feel like schlepping luggage up and down the hills of Cinque Terre (if you go there you'll know what I mean), we took it. Later we did torture ourselves in the other towns by asking if they had available rooms (which they did & I would have been willing to pay for a really nice place), but I didn't want to waste time on switching places.

We spent that first afternoon walking (or climbing, rather) around Monterrosso. We walked by a restaurant called L'Ancora della Tortuga and saw that they didn't have many tables & it was perched high up, overlooking the Med. We asked the girl working if we could get a table for that night. She went through the reservations, and we snagged one of two available tables that evening & said we'd be back at 9pm. Lucky us! See, you don't always have to have plans... This was the best food I think we ate in Italy (and that's saying a lot because the food is amazing everywhere). I wish I had photos of our dinners to show you here. We ate a plate of raw seafood, with lobster, salmon, and other fish with only olive oil and lemon. We also ordered a pasta that I wish I could re-create but I know I'll never be able to, and of course a bottle of red wine. Here are a couple photos of the restaurant I found online, just to show you the setting & why we were lucky to get a table!

View of the patio from above...
View from above (& it's steep below too).
The servers come up to the patio from the restaurant below.
The hiking, the air temperature, getting in the ocean, the food, the wine, the views....I don't know how you could beat this place unless there were waves... I want to spend a few months here at some point in our lives.

The next day we did the full Cinque Terre excursion....We went to all the towns & we ate in every town! We took the train to Riomaggiore, which is the farthest town, and spent the day working our way back to Monterrosso. I won't go into detail on every single town, but I will say that Vernazza was my favorite town. Riomaggiore and Corniglia probably came in 2nd, but they were all fantastic. Normally I watch what I eat...blah blah....but in Cinque Terre (and Italy in general), my only goal was to eat as much as I could. The food is THAT good. We kept saying that God must have kissed this area, because the tomatoes are so juicy and tasty, the olive oil is exceptional, the wine won't give you a hangover (so drink as much as you'd like!), the seafood is so good, and it's like everything has 10x the flavor that it does at home (and we eat well in Santa Barbara...). I read a woman's blog that said, "You haven't lived until you've had pesto in the Cinque Terre" and now I agree with her. If you hike the trails, you will see all the grape vines and the olive trees. In town, you will see all the little gardens & how well they use their space. They have built gardens that grow horizontally, vertically, and every which way.

This is where we ate in Riomaggiore.
Looking back & down on the restaurant where we ate next to the bluffs...Riomaggiore.
There is great art in these towns, both in the shops and as you walk through town...
Walking by a mural...in Riomaggiore
Riomaggiore
Riomaggiore
The hike between Riomaggiore & Manarola. Also called Via Dell'Amore (or roughly "Lovers Walk").
Manarola
Manarola
Manarola
Manarola
A church in Manarola
A church in Manarola
It's hard to describe how blue & clear the Med is....
Views everwhere...
The streets of Manarola
In Manarola, we found this amazing restaurant up a somewhat hidden lane called Trattoria dal Billy. If you visit this town, you have to eat there! We found it on our own, but it turns out that TripAdvisor and Rick Steves have recommended it. We ordered a seafood appetizer, and they brought 12 different types of seafood in their own little dishes to our table. I did get pics this time...


Steep stairs...it's 3 flights down to the patio.

Next we were off to Corniglia...It's very steep when you arrive in this town. You have to climb about 400 steps to get up to the town. Because it's so steep, it's hard to photograph, so we took pics of it as we hiked out to Vernazza.

Church in Corniglia
Church in Corneglia
Looking back on Corniglia
Getting further out from Corniglia...on our hike to Vernazza.
The trail has a lot of steps & it's pretty steep. A lot of ups and downs....
Don't forget to jump in!
A classic looking elderly Italian couple
Then Vernazza (our favorite)...We arrived around sunset & we raced across town because I wanted to get some photos before sunset. We could see Vernazza from Monterrosso, so we knew the sun hits the little town at the perfect angle around sunset, and we wanted to end our ventures here & have dinner at sunset. We timed it perfectly!

Vernazza

Vernazza
Vernazza
Vernazza
Vernazza
Vernazza
Vernazza
Vernazza
At dinner in Vernazza
At dinner. Great restaurant by the water: Gambero Rosso.

And last, we took the train back to Monterrosso al Mare to crash & get up early to head to Tuscany...

We ended back in Monterrosso al Mare
Monterrosso al Mare