There are many similar bargains in the Ventura Coastal area. If you are interested in a bank owned or short sale property, now is the time to buy, as the government (both state and local) are seeking to stop as many foreclosures and defaults as possible. This government action should stop the flood of distressed homes on the market and we will begin to see prices rise due to lack of supply and increased demand with more credit available.
You can check out "foreclosures' on my web site at http://www.YourEcoTeam.com or contact me by phone (805) 248-3491 or email, firstname.lastname@example.org.
Let me know if I can help with any of your real estate needs.