Reo Agent JoAnn Outland Reo Listings information San Luis Obispo and Santa Barbara County

Reo Agent JoAnn Outland Reo Listings information San Luis Obispo and Santa Barbara County

Reo Agent Resume JoAnn Outland
Accomplished, savvy real estate professional with over 35 years’ experience executing sales and purchases of residential, commercial and income properties. Exceptional communication and interpersonal skills, as well as expertise in all facets of real estate transactions including REO, HUD and short sale properties.

   Owns and operates a successful real estate office that specializes in REO, HUD and short sale transactions

  • Conduct pre-foreclosure services, property preservation, stabilization, loss mitigation, analysis and valuations
  • Process forms, applications, reports, contracts, agreements and official documents with proficiency and accuracy
  • Show properties, follow-up on referrals, generate leads and implement marketing and advertising strategies
  • Interact effectively with buyers, sellers, lenders, title companies, contractors, vendors and other agents
  • Maintain an impressive sales record, which includes over 1,200 properties sold within the last eight years
  • Keep abreast of industry changes, augment knowledge base and testify as an expert witness in legal cases
  • Consistently exhibits industry insight and foresight with a heartbeat on present and future real estate markets

   Outland and Associates Real Estate 2665 Shell Beach Road, Shell Beach, CA 93449 2007 to Present

Owner and Realtor®
Own, manage, and serve as an instrumental component responsible for the REO success of the agency
 Recognized the change in the real estate industry and transformed business practices to suit market needs
Handle pre-foreclosure services including property preservation, stabilization, loss mitigation and valuations
Implement high-tech solutions to enhance business and generate leads including web advertising and SEO
Thoroughly prepare and submit documentation to successfully complete real estate sales and purchases
Coordinate buyers, sellers, lenders, title companies, contractors, utility companies, vendors and other agents
Achieve a remarkable sales record, which includes over 1,200 properties sold within the last eight years
Research regulations and incorporate current standards into office practices to ensure code compliance
Utilize technology to coordinate with the REO collaborative team that consists of a pre-marketer, eviction team, field service team, asset manager, portfolio manager and broker

Outland Inc.  DBA Outland and Associates Real Estate – 2007 to Current
Keller Williams Realty – Pismo Beach, CA – 2004 to 2007
Re/Max                – Grover Beach, CA – 1992 to 2004
Coldwell Banker – Arroyo Grande, CA – 1987 to 1992
Century 21 – Arroyo Grande, CA – 1982 to 1987
Established a significant client base and successfully conducted multifaceted real estate transactions Acquired expertise and comprehensive knowledge of real estate rules, methods, regulations and procedures

Cuesta Community College, San Luis Obispo, CA
Real Estate Agent License – 1979
Real Estate Broker’s License – 1985
Graduate Realtor® Institute (GRI) – 1988
Accredited Buyer Representative (ABR) – 1990
Certified Residential Specialist (CRS) – 1995
Certified Distressed Property Expert® (CDPE) – 2009
Certified Default Services Professional (CDSP) – 2010
Certified Commercial Investment Member (CCIM) – Ongoing

National and California Associations of Realtors® – Current
Member of National REO Brokers Association (NRBA) – 2005 to Present
Asian Real Estate Association of America (AREAA) – 2013 to Present
National Association of Hispanic Real Estate Professionals (NAHREP) -2013 to Present
Make a Wish Foundation – 2007 to Present
Reo Agent DirectoryReo Network Profile , Reo Industry Directory, Redbook Profile, NRBA

How many Bank Owned Home and Traditional Homes has JoAnn Outland sold?  Currently that number tops over 1,200 Homes, if you average out the since 2001 she has sold on average forty REO and Traditional home a year.

Asset Management Experience: JoAnn Outland has been on the listing side of many different type of REO/ Foreclosure/ Short Sale/ or Distressed Properties.  The Listings have ranged from residential single family homes, multiple units, mobile homes, and commercial properties.  When you break them down some were foreclosed upon because the HOA payments were late, others had we reverse mortgages known as HECUM and MECA, Some were the Home Owners did a deed in Lue. JoAnn also has experience with lender directed or recommended as a Short Sale agent.  JoAnn Outland has seen worked with many different companies over the years and understands the challenges different asset Management companies experience when trying to place an REO asset with a Real Estate Professional.

Current REO Listings:
83 10th Street Cayucos California, HUD Owned Home, Co Listed
136 Pacific Dunes Way Guadalupe, Reverse Mortgage
520 South T Street Lompoc, Auction REO Property
736 Mercury Ave Lompoc, Auction REO Property

San Luis Obispo County and North Santa Barbara County

  • Arroyo Grande, CA 93420
  • Arroyo Grande, CA 93421
  • Atascadero, CA 93422
  • Atascadero, CA 93423
  • Avila Beach, CA 93424
  • Ballard, CA 93463
  • Buellton, CA 93427
  • Cayucos, CA 93430
  • Cambria, CA 93428
  • Cambria, CA 93435
  • Creston, CA 93432
  • Grover Beach, CA 93433
  • Grover Beach, CA 93483
  • Guadalupe, CA 93434
  • Lompoc, CA 93436
  • Lompoc, CA 93437
  • Lompoc, CA 93438
  • Los Alamos, CA 93440
  • Los Olivos, CA 93441
  • Los Osos, CA 93402
  • Los Osos, CA 93412
  • Morro Bay, CA 93442
  • Morro Bay, CA 93443
  • Nipomo, CA 93444
  • Oceano, CA 93445
  • Oceano, CA 93475
    Paso Robles, CA 93446
  • Paso Robles, CA 93447
  • Paso Robles, CA 93451
  • Paso Robles, CA 93456
  • Pismo Beach, CA 93448
  • Pismo Beach, CA 93449
  • Shandon, CA 93461
  • San Simeon, CA 93452
  • San Luis Obispo, CA 93401
  • San Luis Obispo, CA 93403
  • San Luis Obispo, CA 93405
  • San Luis Obispo, CA 93406
  • San Luis Obispo, CA 93407
  • San Luis Obispo, CA 93408
  • San Luis Obispo, CA 93409
  • San Luis Obispo, CA 93410
  • San Miguel, CA 93451
  • Santa Margarita, CA 93453
  • Santa Maria, CA 93454
  • Santa Maria, CA 93455
  • Santa Maria, CA 93456
  • Santa Maria, CA 93457
  • Santa Maria, CA 93458
  • Santa Ynez, CA 93460
  • Solvang, CA 93463
  • Solvang, CA 93464
  • Templeton, CA 93465


How does a buyer find a HUD Owned home for sale?  Go to

JoAnn Outland REO Agent References:  Please call JoAnn Outland on her mobile 8054415574 or at the main company office 8054813939 or Email: [email protected]  Subject Reo Agent References.

#REOAgent # REOListings #REONetwork #ReoAssetManagement #BankOwnedHomes #HudOwnedHomesForSale  #ShortSaleAgent # REOAgentResume #JoAnnOutland #OutlandRealEstate #Homes # Listing #Agent #REO #AssetManagement #HUD #REODirectory #SanLuisObispoCounty #SantaBarbaraCounty

Author: Jo Ann Outland


Homes for sale in Arroyo Grande

ag chart

ag number chart

From the chart you can see that the numbers of homes for sale keep going up throughout 2015. August 2015 there were 117 and September 2015 123 but from January 2015 the numbers went up 36.7%  The average active price in January 2015 was 1098 but the average sold price was 620. For September 2015 the average price was 978 but the selling price was 603. If you are looking for an Arroyo Grande home please contact me at 805-481-3939 or [email protected] If you are looking to sell your home and wondering what its worth please visit


Why use JoAnn Outland?

JoAnn Outland will help you find Arroyo Grande homes in your price range. By using you will find Single family, condos, PDs, bank owned homes, townhomes, short sales, duplexes and luxury homes. Use her search page to find an Arroyo Grande Home with the right number of beds and baths, by type and price. You can also edit the location in which you want to search all around the central coast of California.


***The data stated in this article is from the central coast multiple listing service


Atascadero Real Estate Market Review January – August 2015

Reo stick built homes in Atascadero in 2015. The numbers in January are a bit slow but pick up in april and may. The average January active price is 420 but dropped down to 393 in august. The average sold price in January is 405 and in july is 344. The average days on market in January is 56 and in july is 46. If you are looking to sell your Atascadero home please contact me at [email protected]  or call my office 805-481-3939. If you are wondering how much your home is worth please visit  If you are looking for a home in Atascadero please email james outland [email protected] for updates on the mls it is a free service you get an email with the actives, contingents and pending and solds.


atascaderoatascadero 2


Housing Affordability Index First Time Buyers


C. A.R’s first time buyers housing affordability index measures the percentage of households that can afford to purchase an entry-level home in the central coast of California.




Central Coast
Monterey 51 53 50
San Luis Obispo 51 53 47 R
Santa Barbara 36 40 39
Santa Cruz 41 43 40



First-time Buyer Housing Affordability Index Methodology


Step 1. MEDIAN PRICE: C.A.R.’s housing affordability index is based on the median price of existing single-family homes sold from C.A.R.’s monthly existing home sales survey. Starting in 1987, this survey is based on reports of closed escrow sales from 80 Boards or more of REALTORS ® and multiple listing services around the state. Prior to 1987, the survey was based on reports from 45 Boards. A FIRST-TIME BUYER is assumed to purchase a home at a price equal to 85 percent of the prevailing median price for existing homes.

Step 2. DOWNPAYMENT: A FIRST-TIME BUYER is assumed to make a 10 percent downpayment. Therefore, the loan amount needed to purchase a home would be 90 percent of the median home sales price.

Step 3. INTEREST RATE: A FIRST-TIME BUYER is assumed to finance the home purchase with an adjustable rate mortgage (ARM). The effective interest rate series previously used to calculate C.A.R.’s First-Time Buyer Housing Affordability Index (FTB-HAI) was discontinued in 2008. Beginning in the first quarter of 2009, the FTB-HAI incorporates an effective interest rate that is based on the one-year, adjustable-rate mortgage (ARM) from Freddie Mac’s Primary Mortgage Market Survey (PMMS). The effective rate accounts for both the one-year ARM rate and the points/fees as reported by Freddie Mac.

Step 4.The monthly payment for PRINCIPAL, INTEREST, TAXES AND INSURANCE (PITI) is computed as the sum of three parts:

-Monthly mortgage payment, based on the terms of the mortgage in Steps 2 & 3.
-Monthly PROPERTY TAXES are assumed to be 1 percentof the median home sales price divided by 12.
-Monthly INSURANCE PAYMENTS on the house are assumed to be 0.38 percent of the median home sales price divided by 12.

The results of these three calculations are added together to findthe PITI or total monthly payment for a household that buys the median priced home.

Step 5. It is then assumed that the monthly PITI can be no more than 40 percent of a household’s income. Thus, the monthly housing payment is divided by .4 to come up with the MINIMUM INCOME NEEDED TO QUALIFY FOR A LOAN on the median-priced home.

Step 6. Starting in 1988, data for the distribution of households by various income ranges was obtained from Claritas. INCOME DISTRIBUTION figures were developed based on the projected percent change in the annual median household income. Prior to 1988, household income utilized in the housing affordability index was based on projections by C.A.R. using the 1980 census data as a base.

Step 7. The minimum income amount calculated in Step 5 is multiplied by 12 to determine the minimum annual income needed to qualify. This amount is compared to the income distribution of households. The percent of the households with incomes greater than or equal to the minimum income becomes the HOUSING AFFORDABILITY INDEX FOR FIRST-TIME BUYERS (HAI-FTB).

NOTE: The quarterly HAI-FTB for a given geographic area in a particular quarter is based upon the quarterly median price for that area as well as the quarterly income distribution for that area.

***All information is from