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 - 3 of 3 reviews | General Knowledge

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.

Posted by Landon | April 13, 2012 | Debt Settlement

Short Sale approval

My wife and I would highly recommend Paul as an attorney for help with a short sale. In fact if we have a legal issue in the future we know who we will go to for help. He is aggressive in a good way, in your corner, to the point and keeps the focus on the facts so you can relax. We felt confident in ...his initial analysis of our situation, and then after hiring him to handle our short sale move forward there was little we had to do. Paul took over, quickly made contact with the bank to get the calls to stop. We never had to talk to the bank. All the threatening letters and material the bank sent we simply faxed to Paul. The bank incorrectly had us down for wanting a loan modification which we never asked for. Paul worked aggressively to get them to fix the mistake fast. We could not believe how quickly Paul then got the bank to signoff on the short sale. He not only got approval for us, but much needed money to relocate and specific language that says the bank cannot come after us for the amount we were short on the mortgage. We feel as if a giant weight has been lifted from our family and now have a fresh start. He's worth every penny. Like all professionals he knows his craft. You just need to follow instructions and stay out of the way. We already have recommended Paul to our family and friends should they need his services.

Posted by Vance | May 09, 2011 | Foreclosure

A personal account of Paul Stansen's performance

Paul helped me on two (2) foreclosures. Paul provided more value in the form of legal advice and guiding me through the foreclosure process than I expected and paid for (in my opinion). Paul was very responsive, at all hours of the day or night, I don't think he sleeps.

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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."

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This attorney hasn't created any attorney endorsements recently on Avvo.

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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