Upcoming REO/Bank Owned property in Pacific Beach. Large townhome walking distance to the heart of Pacific Beach. Great location, quiet street, parking, bedroom/bathroom on 1st level and so on. We’re planning cash for keys in the next week or so which gives us a couple weeks after that before list price. Built in 1987, 3 bedroom, 3 [...]
Continue reading...Monday, December 14, 2009
No, some even good values slip past the initial MLS/Consumer radar. Example: 711 Greyfield Court, Fallbrook 92028 – MLS 090066549 Bank Owned. Listed over 2 weeks ago below all other comps in area. Premium location at end of cul-de-sac, very clean interior, 16,000+ sq. ft. lot. Built in 2001. Almost 2,700 sq. ft. Gated community of Peppertree [...]
Continue reading...Saturday, December 12, 2009
A new Lund Team home located in Aviara area of Carlsbad, CA. The home is an upcoming foreclosure. Garrett and Tyson Lund head out to check out the condition of the home, and see it before the bank sets the price.
Continue reading...Wednesday, December 9, 2009
A pipe leak in your investment property can really screw up your expected returns. And if it’s a foreclosure, there are no disclosures and no previous owner telling you about the property. A pin-hole leak while your tenant is not at home could cost you more than you might expect. Here’s some quick tips on how to minimize the chances of you going bankrupt your first time around the board. (Monopoly reference…we love the game)
Continue reading...Tuesday, December 8, 2009
Here’s another investment potential. As we took the time to blog about this, the listing agent marked this “contingent” and let us know that an offer was accepted. But just for fun, here are some numbers. 429 Los Arbolitos Blvd 3 Bedroom, 2 Bath, 1,150 sq.ft Foreclosure property in Oceanside. $123,300 – Property taxes, 30% down, 5.5% rate, [...]
Continue reading...Tuesday, December 8, 2009
This is worthy: An approved short-sale at $89,900. In Summerset Villas, a condo conversion that went belly up. A large portion of the homes are owned by a single entity and thus financing is a problem. So cash is the only thing working for this. With $250.00 a month HOA, $100 for insurance, $500 year (misc) at [...]
Continue reading...Friday, November 20, 2009
A new Bank Of America foreclosure in Pacific Beach that is not listed yet. 3 Bedroom, 3 Full Bath: 1870 PACIFIC BEACH DR #2, SAN DIEGO, CA 92109
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Wednesday, December 16, 2009
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