Paul E. Stansen

Paul E. Stansen

4.9
Rating: 7.1

Licensed for 41 years

Real estate Lawyer at Montecito, CA
Practice Areas: Real Estate, Business, Estate Planning

1187 Coast Village Rd #701, Montecito, CA

About Paul

Biography

Practice Areas

Fees and Rates

We have not found any cost information for this lawyer


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Licenses

Licensed in California for 32 years

State: California

Acquired: 1993

Active

No misconduct found

Licensed in Colorado for 41 years

State: Colorado

Acquired: 1984

Active

No misconduct found

Location

Paul E Stansen, APC

1187 Coast Village Rd #701, Montecito, CA, 93108

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Paul E. Stansen's Reviews

Avvo Review Score

4.9 /5.0

37 Client Reviews

Showing 1 - 2 of 2 reviews | Compassion

Posted by Shannon | December 31, 2019 | Hired Attorney | Residential

Paul is Amazing!

From the moment of our first contact, Paul was immediately responsive, and had already done homework on our property, and the sellers. We had found ourselves in the midst of massive non-disclosures on the property we had purchased, facing a huge amount of money to make it habitable and functional, an...d were at a total loss on how to handle it all. We finally decided that we needed to do something about it legally, and reached out to Paul, who had been referred by a close friend. Paul worked tirelessly with us over the next few months, sending information to us, responding immediately to all questions, and making us laugh when we wanted to cry. He is quite the detective, searching out every angle possible until he finds the key that fits. Paul would not let us give up, and when we finally said we just wanted OUT of the nightmare, he said let's go for that angle. In the end, we achieved the unheard of...the sellers agreed to purchase back the property! With this incredible turn of events, we were able to immediately start looking for another property, which we found that same week. Paul navigated us forward and through it all...juggling back and forth as we sold back our property and purchased our new one (in the midst of our being on vacation out of the country!). We are now very happily living in our new home/property...something that would not have been possible without Paul, who has now become a dear friend as well as Attorney. We cannot thank him enough for all he did for us.

Posted by Edward | April 24, 2012 | Residential

Paul Stansen short sale support

Mr Paul Stansen did an incredible job securing a short sale for my California home. The sale was not an easy one with both first and second mortgage lenders to deal with. From the outset Paul was direct and open on my options, alternate paths, benefits, consequences and finally and most importantly... recommendations. It is one thing to be presented with a whole package of information and quite another to have a clear path of reason a logic to make sense of it all. For that I was most grateful to Paul. He provided all the direction, documentation and clearly spelled out approaches as we worked through the process. We had a number of road blocks that Paul found ways to quickly overcome – from a number of buyers walking at the last moment to bank’s difficult path to obtain approval of my short sale package. I learned an immense amount about our banking system and there are clearly right and wrong tactics that can help secure the objectives or sabotage efforts. It was evident in hindsight to me but obviously foresight to Paul on the appropriate approach and action to take. He handled the banks and negotiators quickly and diligently and did not let packages sit long with folks who had action to let them know we were all on a clock and needed to respond appropriately. Although the entire short process can take some time – things happen very rapidly in bursts – and Paul was adept at staying connected with me and all the executing parties throughout. This included a number of folks including my realtor, various buyer realtors and a number of bank participants. His work ethic is amazing and because of his extensive expertise in the field was able to secure approval and final negotiations extremely quickly once and credible and secure offer was received. He also helped guide me and my family on the types of offers received and was invaluable in downs electing to the most credible. Paul’s negotiations with the banks were most impressive. Once he began the process he was able to quickly secure approval and outstanding terms for my loan balances for both first and second mortgages. Paul actually had to go through this process a few times and a few buyers got last minute cold feet and walked from the deal. Paul remained focused and positive and reassured us that eventually we would get the right buyer and finish the short sale. Our family was grateful for that reassurance and we confidently proceeded with Paul’s eventually securing a good solid buyer. Paul negotiated final terms with both banks within days and we finished all paper and with a great sigh of relief, finalized all docs and completed the short. It was a complex process and I only needed to review and sign docs prepared by Paul and he worked all other aspects. Paul did an amazing job for us and we are so appreciative of his long hours (weekends and late nights – he does not sleep!) and grateful he was our representative. Hard to imagine anyone more capable of walking through and executing this process – we were lucky to have him and relived and excited to move on finally with this chapter closed.

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Paul E. Stansen's Lawyer Endorsements

Endorse Paul
Patricia Renee Rodriguez headshot
Patricia Rodriguez

Real estate lawyer | May 13

Relationship: Fellow lawyer in community

"I endorse this lawyer."

Jeff Berke headshot
Jeff Berke

Real estate lawyer | Feb 28

Relationship: Worked together on matter

"If you have issues relating to any aspect of real estate matters, Paul is the expert. I highly recommend him."

View All Endorsements

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Experience

Rating:  7.1 (Very Good)

Work Experience

1984 - 2014

Attorney / Broker-Realtor, Paul E Stansen, A Prof Law Corp

Associations

1993 - Present

State Bar of California

Attorney

1986 - Present

California Department of Real Estate

Broker / Realtor

1984 - Present

Colorado Bar Association

Attorney

1984 - Present

National Association of Realtors

Realtor Broker

Sample of Legal Cases

Santa Ynez CA Real Estate Sale

CLOSED ESCROW

See More Legal Cases

Education

1983

Pepperdine Univ SOL

JD - Juris Doctor

1980

Fort Lewis Coll

BS - Bachelor of Science

Speaking Engagements

2014

Real Estate Sales Meeting

Distressed Real Estate Sales

Publications

2019

Self Age 50+ Home Ownership: Options, Opportunities, Solutions

2019

Self Cash Flow Challenges that Lead to Foreclosure

Languages

English

Activity

Avvo Rating

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Avvo Rating Levels
10.0 - 9.0 Superb8.9 - 8.0 Excellent7.9 - 7.0 Very Good6.9 - 6.0 Good5.9 - 5.0 Average4.9 - 4.0 Concern3.9 - 3.0 Caution2.9 - 2.0 Strong Caution1.9 - 1.0 Extreme Caution