The Lund Team Real Estate Blog

We are hoping for more REO’s – and we may get them in 2010.  Demand for well-priced foreclosure homes is very strong.  We are receiving multiple offers (sometimes as high as 15-20) in the first week.  And since we are a preferred asset disposition team, we expect to have a number of great homes to [...]

Spacious detached residence located in the Kent Ranch neighborhood at the north end of Escondido. Below ground pool and spa, hardwood flooring, upgraded kitchen with white tile counters and dark stained cabinetry, panoramic north facing views of mountains and canyon. Large master suite and bath with fireplace, dual sinks, soak tub, and private view deck.
1314 Ward Place Escondido, CA 92026 [...]

This property was listed for sale at the end of last week and is ready for a new owner! Large townhome in the Santee area of San Diego County. Awesome investment opportunity for an investor or anyone looking for a steady income property. Private outdoor living area, two car attached garage, wonderful interior features, large [...]

The Lund Team will be listing a new foreclosure home in Encinitas Ranch, a renowned beach community in Encinitas, California. The property is located on the fairway of the 4th hole at Encinitas Ranch Golf Course and offers panoramic west facing views of the golf course and Pacific ocean. The neighborhood offers multiple community parks, extensive golf [...]

The Lund Team has received two new bank owned properties to sell in an exclusive community, The Crosby at Rancho Santa Fe.
About the community: Private gated community, separate residence club house,  junior sized Olympic pool, spa, and four tennis courts. From golf villas to turnkey custom homes, luxury and elegance carry the day at The Crosby. Inspired by the legendary Rancho Santa Fe architecture of [...]

Just completed cash for keys and currently waiting to get final approval from Bank of America on the listing price, likely to be under $175,000. Great value in this area of Carlsbad, unit previously sold for $278,000 in early 2005. The property has great potential as a cash flowing investment or a primary residence for a first time homeowner.
The [...]

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 [...]

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 [...]

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 [...]

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. [...]