Wow… 209 Westlake Drive #2, 92069 – Westlake Ranch
If you are looking for a deal here you go. This will hit the MLS later today.
2 bed/ 2.5 bath, travertine, granite, wood cabinets, private patio, townhome, end unit, super clean and ready to go. Close to Cal State San Marcos.
Call Lund Team [...]
Just Listed – $143,900 – Bank Owned Deal!!
2. February 2010
Just Listed In Carlsbad
Received this home to sell on behalf of the bank about a month ago, now the home is listed on the MLS and ready for showings!
$30K OFF!!! The same model unit was just sold in the 4th quarter of 2009 for $365,000. Several other comparable units have recently sold within the past six months fro well above the asking price [...]
25. January 2010
What’s going on in Bressi Ranch of Carlsbad…?
Sales. Currently only 2 active properties for sale in Bressi Ranch. Over 8 properties pending sale or contingent upon sale and 16 closed sales in the past 6 months. Stats based on Sandicor MLS data.
*Update – HOA fees are set to drop from $225.00 monthly to $191.00 on February 1st, 2010. ;)
With such low inventory, we expect prices [...]
25. January 2010
Home Sales Decline in December? Bad Stats
Here is an example of biased stat making not painting the whole picture.
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WASHINGTON (MarketWatch) – Sales of U.S. existing homes plunged 16.7% in December to a seasonally adjusted annual rate of 5.45 million from 6.54 million in November as a popular tax credit was set to expire, a national real estate trade group estimated Monday. [...]
15. January 2010
Little to buy as market stages a comeback
“Real estate has always been about supply and demand. When there is no supply, there is no resistance to rates. When there is supply, there is resistance to rates.” Samuel Zell, billionaire real estate investor, Interview with Greg Miles – Bloomberg Television August 21st, 2008.
And Zell followed in the interview to predict a turnaround [...]
12. January 2010
The Best of Portico at Rancho Carrillo – Bank Owned.
Just completed CFK’s!! Not yet on the MLS but coming online soon. Model-like interior with stunning views to the ocean. Large patio yard with open space on the north side.
3 bedroom, 2.5 bathroom and approx. 1,538 sq. ft. – Price likely in the low $400s. We are excited to see!
Call today to join interest list [...]
7. January 2010
The Luxuary Foreclosure Market
Most often bank-owned properties being sold are thought to be all rundown homes in the less desirable areas of the county listed at prices usually no more than a few hundred thousand dollars and often even under $100k. Buyers look for and want to buy bank-owned properties because they think they will get amazing deals [...]
29. December 2009
Best Bank Owned Deal in Mira Mesa “The Villas of New Salem”…
Just got the list price last night. Already one cash offer in hand. Another reason to keep an eye on the blog constantly as these deals move quickly. 2 bed/2 bath in a very nice community with low $180 per month HOA fees. Single level. Bank in process of adding new stove, carpet cleaning and full [...]
28. December 2009
FHA Buyer’s 6 Month Seach Ends with Smiles
Being a first time home buyer in today’s market has it’s pros. You can take advantage of both FHA financing (only requires you to put 3.5% down) and the $8,000 first time home buyer tax credit.
However, if you have been looking then you know finding and securing a property can be extremely frustrating. Not only [...]
27. December 2009
The Pros and Cons of Purchsing a Foreclosure
I was amazed to discover that the “down market” started almost four years ago. We closed our first REO in June 2006. It was a small cottage on a large lot in Vista. We worked with Countrywide (remember them?) and sold it in record time. Not because it was a good deal per say, but [...]
4. February 2010
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