Hello, thank you for your inquiry about the Lake Isabella area and the Kern River Valley. Took a quick look at the MLS and we do have a couple of homes right on the water. Both are in the Wofford Heights area, nice places and awesome views. The lake is pretty low right now but usually you can walk right to the water from both of them. Isabella is a reservoir so lake levels change seasonally but usually we have a big beautiful lake up here we have got a drought going right now so levels are low. They are doing some work on the dams in the next few years as well and as soon as that is all done the capacity will be even larger for the lake levels. We also have a lot or two it looks like that touch the easement for the lake and there are some nice homes available right on the Kern River either in or just north of Kernville CA as well, Trout fish from the back porch kind of homes, beautiful stuff! I would love to help you out with your search for properties in the Kern River Valley please give me a call or shoot me an e-mail or txt. 760-223-0880, email@example.com, Matt Freeman, Freeman's Lakeside Realty #01335463... more
That house is currently pending. That means that the seller has accepted an offer and the property is in escrow. Sometimes things do not work out and the property dose not close. Until it closes it is not sold.... more
Congratulations and good luck on the purchase of your first home.
An escrow account is a means by which a broker deposit money associated with a specific transaction in an account that is separate from their personal money.
When you have found a home that you wish to place an offer on, it is customary to place a deposit with your purchase offer. This is normally an unspecified amount that demonstrates to the seller that you are a serious buyer. Obviously, the larger the amount you put on the table the better your offer appear to the buyer.
In some cases, when a deposit is a lesser amount, the seller may counter and request that you provide additional money in order to be considered. In short, "escrow" is not a cost but an amount of money determined by both the buyer and seller that is acceptable as a deposit or evidence of "good faith."
Your real estate frofessional will be able to provide you with additional information.