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Just Listed – $143,900 – Bank Owned Deal!!
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 In Carlsbad
2. February 2010
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 [...]
What’s going on in Bressi Ranch of Carlsbad…?
25. January 2010
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 [...]
Home Sales Decline in December? Bad Stats
25. January 2010
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. [...]
Little to buy as market stages a comeback
15. January 2010
“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 [...]
The Best of Portico at Rancho Carrillo – Bank Owned.
12. January 2010
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 [...]
The Luxuary Foreclosure Market
7. January 2010
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 [...]
Continue reading...Best Bank Owned Deal in Mira Mesa “The Villas of New Salem”…
29. December 2009
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 [...]
Continue reading...The Pros and Cons of Purchsing a Foreclosure
27. December 2009
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 [...]
Continue reading...Carlsbad’s Aviara Hold’s its Value
26. December 2009
We at The Lund Team, Inc have been involved with selling Aviara since its inception. And even as the Four Seasons sat uncompleted and the area was mostly unbuilt, we pushed a constant stream of positive arguments for the value of the area. Sandy and Carlton purchased in Mar Fiore in 1995. And this years sales numbers show that the value of Aviara has [...]
Continue reading...
4. February 2010
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