Tag Archive | "Foreclosure"
Bank’s New Rules For Buying After Bankruptcy and Foreclosure
We have updated rules for those who want to buy a home, but have recently been through a bankruptcy or foreclosure. Previous Mortgage Foreclosure A borrower whose previous residence or other real property was foreclosed on or has given a deed-in-lieu of foreclosure within the previous three years is generally not eligible for an insured mortgage. However, if [...]
Continue reading...$2 Billion of Federal Help for California Homeowners
Tuesday, February 22, 2011
U.S Treasury Department approved to use nearly $2 Billion in federal funding to help struggling California families pay for their mortgages. There are some stipulations, but you can read the details here. If you know someone that needs unbiased, free counsel, call The Lund Team. A summary of the details: The primary goal to help families remain [...]
Continue reading...Investment Opportunity In East County San Diego
Tuesday, April 6, 2010
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 [...]
Continue reading...New Foreclosure in Encinitas Ranch
Wednesday, March 31, 2010
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 [...]
Continue reading...Half Price in Rancho Santa Fe
Thursday, March 25, 2010
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 [...]
Continue reading...Little to buy as market stages a comeback
Friday, January 15, 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 [...]
Continue reading...The Best of Portico at Rancho Carrillo – Bank Owned.
Tuesday, January 12, 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 [...]
Continue reading...The Luxuary Foreclosure Market
Thursday, January 7, 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”…
Tuesday, December 29, 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...FHA Buyer’s 6 Month Seach Ends with Smiles
Monday, December 28, 2009
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 [...]
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Thursday, March 3, 2011
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