There are many foreclosures because of the Foreclosure Moratorium that are waiting to be put on the market for sale by banks, asset managers and REO agents. The foreclosure moratorium here in San Diego County as well as most areas of the United States has kept homeowners in their homes through the 2008 holidays and then extended into 2009. Now that we’re well into 2009 there are many wondering why hasn’t the banks released the foreclosures. Many of them are vacant and the buyers are looking for new foreclosures to buy. In fact there are so many buyers here in San Diego they are starting to get discouraged in some San Diego markets and price ranges on the lack of inventory. There are also multiple offers on many homes sometimes exceeding 30 offers.
Some say the foreclosures are being held off the market because the banks are waiting to see if the Obama administration will subsidize the banks for their toxic assets. If that’s the case one of two things will happen the government “our tax dollars and our kids and grandkids tax dollars” will bailout the banks once again and then the foreclosures will come onto the San Diego market or the administration wont bail them out and the foreclosures will come on the market. Either way if this is the hold up let’s make a decision already because my buyers are getting real tired of waiting.
The word here in San Diego is that there are buyers galore and not enough homes for sale in some areas and some price ranges. Mostly first time home buyer price ranges. The inventory is filled with REO’s that are heavily damaged and needing lots of work or short sales with many offers and slow moving negotiators at banks. I HOPE by summer the Obama administration will CHANGE what’s going on.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
This San Diego REO has a great built in pool with spa. Bank owned San Diego REO that has it all including 5 bedroom and 4 bathrooms. Tile, wood & carpet flooring thru out, tiled fireplace in family room, ceilings fans, blinds & overhead lighting. Large, open kitchen has island with vegetable sink, lots of cabinet space, and black countertops. Great loft upstairs perfect for den, office/computer room, TV room or play area. Big backyard has pool and spa with built in, covered BBQ & a fire pit.
$366,900 in South Bay San Diego. Visit our San Diego Foreclosure Search page for all San Diego REO’s for sale.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego REO – South Bay San Diego REO Video – 3 story Bank Owned REO with ocean, downtown and Coronado Island views. This San Diego REO is in great condition with some really spectacular upgrades. Tile floor downstairs that is laid diagonally. Living room in entry has high ceilings and is very dramatic. The kitchen in the REO home is huge and has dark wood cabinets and granite countertops. Downstairs bedroom with private entry and full bath downstairs. Second floor has 3 bedrooms and laundry room. All bedrooms have Berber carpet and painted nicely. Master bedroom has private deck with dramatic ocean views to the San Diego coastline. This REO home has 3 stories. Top floor is a huge open area for office, game room, theater or whatever you want. Don’t miss this San Diego REO……….
$ 384,900 4 bedroom 3 bath 2,776 Square Feet built in 2005.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego Bank Owned REO Foreclosure with Ocean and Downtown San Diego Views! Beautiful 3 story home with many upgrades. Elegant stone flooring, gorgeous wood flooring and carpet, built in shelving in family room, and wood blinds. Huge kitchen has cherry wood cabinets and stainless steel appliances. THIRD FLOOR has HUGE loft with amazing views of the ocean and downtown San Diego. Large backyard has flagstone patio and more views. Reay to buy a San Diego Foreclosure – were ready to help.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
NOT A SHORT SALE OR BANK OWNED - Gorgeous home has so much to offer. One full bed and bath downstairs. Family room has beautifully tiled fireplace with built in amber colored entertainment center and surround sound. Custom tile on diagonal lay thru out downstairs, over head lighting and neutral color paint. Huge kitchen has island, all countertops are granite with granite backsplash, amber colored cabinets and black appliances. Huge bonus room upstairs with 2 closets for extra storage. Big backyard. So much more.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego REO for Sale – Bank owned REO property in South San Diego that has it all! Spacious 5 Bedroom 4 Bathroom home offers stone flooring and carpet thru out, tiled fireplace in family room, ceiling fans, blinds and overhead lighting. Large open kitchen has island with vegetable sink, lots of cabinet space and black countertops. Great loft upstairs perfect for den, office, computer room, TV room or play area. Big backyard has pool and spa, built in covered BBQ and a fire pit. WOW! Home is close to schools and freeways. This San Diego REO home won’t last long!
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
San Diego - First Time Home Buyers Only – 8000 Dollars !
The $787,000,000,000 stimulus bill signed into law has some benefits for first time home buyers. In the bill signed by Obama there is an $8000 first time home buyer tax credit. This $8000 amount was sized down from $15000 in the original version of the stimulus package. Here in San Diego County California and rich foreclosure environments like Chula Vista in South County San Diego welcomes this first time home buyer $8,000 tax credit incentive.
Some of the details are that the home purchased must be the first time home buyers principal residence. There is a cap of $8,000 if the purchase price is higher than $800,000. A first time home buyer in San Diego or anywhere in the U.S. would be someone who has not owned a principal residence for 3 years. This will only apply to home buyers buying in 2009 so if you’re sitting on the fence of San Diego home buyers this could be the thing that gets you down off the fence and back in the market.
There are also income limits that state single buyers need a modified adjusted gross income of $75,000 or less to qualify for full credit and $150,000 for married couples. If buyers make more income than the amounts stated they could be eligible for reduced credits. Make sure you talk to your accountant about this. The $8000 tax credit is refundable. Buyers will have to own the home for at least 3 years if they want to capitalize fully on the tax incentive. The tax credit will have to be returned to the government if they sell early. There are situations that will be exceptions to this rule.
Make sure you contact professional tax consultants for full factual information on this $8,000 First Time Home Buyer Tax Credit.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
Do you want a list of San Diego Foreclosures? If so we can help you with that. There are thousands of foreclosures in San Diego County and the list changes every day. We thought about putting a daily San Diego foreclosure list together but then thought why not just give the San Diego foreclosure search tools to the buyers. That way a buyer looking for a foreclosure in San Diego or even the whole state of California can search foreclosures by zip code, price, size and any other possible search criteria.
This service costs us money but we feel that if a client wants to search for a foreclosure, why not give them the tools real estate experts use. Buyers then know how serious we are about helping them find a San Diego foreclosure by letting them use our expensive foreclosure analyzer tools for free. A list of foreclosures in San Diego is ineffective compared to how these tools can help you locate the perfect San Diego foreclosure. When you’re ready to buy a San Diego Foreclosure make sure you call us the San Diego Foreclosure Experts!
If you are a San Diego Border Patrol Agent buying a home in San Diego County including Chula Vista, Otay Mesa, San Ysidro and Imperial Beach make sure you call us. We have helped many Border Patrol Agents in San Diego buy a home. We appreciate all the hard work you do in San Diego County and want you to know when it comes to find a Real Estate Agent in San Diego we’re here to help. If you’re a Border Patrol Agent relocating to San Diego make sure you give us a call. We can get started right away emailing you homes for sale in San Diego and get things ready for your move to Southern California.
We have some great tools on our San Diego Real Estate Web Site to help you find your new home. We also have great maps to assist you in the location of the home to the rest of San Diego and distances to freeways. Also due to the large amounts of foreclosures in San Diego we have a San Diego Foreclosure Search Tool. If you’re in the U.S. Border Patrol and you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtors.
I’m Dawn Lewis and I’m a San Diego Realtor. You have just found the best San Diego Real Estate web site for searching for San Diego Real Estate. I hope it helps you with your San Diego home or condo search and answers questions you have about San Diego real estate. Please use the tools and features like the San Diego MLS with its great maps and community information.
My Experience:
Realtor® in San Diego Since 1989
SOLD well over 1,500 Homes
San Diego Top Producer
San Diego Relocation Expert
Top Real Estate Negotiator
San Diego New Home Sales Expert
San Diego REO Listing Agent
San Diego Foreclosure Expert
Short Sale and Foreclosure Expert
Winner of many Real Estate Awards in Sales and Customer Service
As you can see I have been a real estate agent in San Diego for quite some time. Please put my experience to work for you and give me a call today.
San Diego Real Estate Blog
