Tag Archive | "Market News"
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 [...]
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...Short Sale’s Are Now Tougher. Thanks. No Really…
Monday, December 21, 2009
This is a market changing turn for San Diego short sales and even short-sales nationwide. This gives homeowners and their agents not room for error when going for short sale approval. Today’s Morning Email from our Short-Sale Specialist: Note – the homes lost to auction were not Lund Team clients. —————— Date: Sun, Dec 20, 2009 at 9:12 PM Subject: 911-Regarding Sale Dates Hi Team, I [...]
Continue reading...“All I want for Christmas is a Bank Owned deal in Pacific Beach…”
Wednesday, December 16, 2009
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...So, What’s The Price?
Wednesday, December 16, 2009
The once dominant pricing strategy of San Diego was used less in 2009. Only 12% of over 32,000 homes sold in the county used a Value Range. Value range pricing is when a home is sold with a high and a low price. For example: “Seller will entertain offers between $500,000 and $525,000”. The idea is [...]
Continue reading...Short-Sale Buyer Tip: Keep It Business
Friday, December 11, 2009
Sandy is our in-house, short-sale expert. Her years of experience from the early ’90’s is still relevant today. So we asked her a tip of the day. Sandy to buyers: keep it business. She let’s short-sale buyers in that they are really buying a foreclosure. The condition of the property, electronics, appliances, fixtures could be [...]
Continue reading...Fewer Homes, Higher Prices
Wednesday, December 9, 2009
Fewer homes on the market, increasing prices and multiple offers: An excerpt from Tyson’s article in the Carlsbad Business Journal sheds light into an absolutely abnormal winter real estate market in 2009.
Continue reading...Own to Rent: Breaking Down Fannie Mae’s Deed for Lease Program
Friday, November 20, 2009
Great article on Fannie Mae's Deed for Lease Program… http://www.softwareadvice.com/articles/property-management/breaking-down-fannie-maes-deed-for-lease-program-1111609/ Please call Lund Team for additional information – 760.438.0800
Continue reading...Multiple Offers – Dealing with the groups
Tuesday, April 28, 2009
This is a great town home in Carlsbad that we started the process on March 06, 2009. Our largest challenge with this home is dealing with the multiple offers from buyers wanting to purchase, but not wanting to wait. It is emotionally difficult for today’s buyers to stay loyal for 90 days waiting [...]
Continue reading...The Details Have It
Monday, April 27, 2009
An important element in our high success ratio is giving the bank all required documents; signed authorization, statement of identity, financial documents, hardship letter, pay-stubs – to name a few. The bank wants to help those in need, but has a number of stop measures to prevent fraud and misconduct. Agents must have [...]
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Tuesday, January 12, 2010
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