San Diego Real Estate Blog

San Diego Real Estate Blog

One of the trends I’m starting to see in the San Diego Real Estate Market is that buyers have been and are really starting to bid up the foreclosures. I’m starting to see foreclosures sell for more than what a comparable short sale or regular sale “although in some areas of San Diego there are not too many of those” are selling for. What also needs to be considered is that most foreclosures are in poor condition compared to other homes or condos on the market. In many cases the yards are dead, they have been partially stripped, and the pride of ownership was gone once the homeowner new the bank was going to foreclose on them on and so on.

Short sales should be, in my opinion, not overlooked by home buyers in San Diego. Generally they are usually occupied by homeowners or renters and are usually in great condition. Homeowners are sometimes willing to repair items that home buyers want done where the bank owned properties are almost always sold as is. I truly believe that in many cases a buyer with a good buyer’s agent can find more value and a better home with a short sale rather than a foreclosure.

I hear buyers and inexperienced buyers agents voice their opposition to even looking at short sales in San Diego. I hear them say, short sales are a waste of time, short sales take way too long, the banks move way too slow on short sales and a buyer can lose interest and decide not to buy a home and so on. Most of what I hear is true if you go about it the wrong way. When looking at short sales you need to look at the short sales that are far along in the process and are being handled by an experienced agent. If a short sale is brand new or less than 60 days on the market it is usually still in the early stages and can have several months to go before the bank will have a price for what they will take for the home. If you write an offer in the early stages you might not have an answer back from the bank for many months and sometimes not at all.

Inexperienced agents selling short sales are a major problem in the San Diego real estate market. We have negotiated well over 50 short sales on the listing end and we have a great system for getting them closed. Our experience in short sales is excellent. Some agents have no experience and quite honestly don’t know what they’re doing. If you’re considering showing short sales or buying a short sale make sure the short sale is far along in the process. As an agent one can look at the confidential remarks and see if the experienced agent has put in verbiage to show that the bank is willing to accept an offer at a certain dollar amount. Also look at the market time on how long the short sale has been on the market. The process usually takes at least 60 days before the bank will say what dollar amount will work for them. Call the agent who has the short sale and ask them where they are in the process. By speaking to an agent you will know if they are experienced and know what they’re talking about. After a while you will start know which agents selling short sales have experience and which ones don’t.

For an experienced short sale buyer’s agent and short sale listing agent call us today!

Please use the links below to help you with your San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

Just a short time ago there were many people flipping properties here in San Diego. The television show Flipping Out had an episode where Jeff Lewis took a loss on one of his homes he was flipping. The point of that story, to me, was that he wished he would have taken an earlier offer that was much higher. Even a professional in the real estate business can make mistakes and hang on too long. Mistakes will always be made and it’s what you do afterward that counts. I think Jeff Lewis cutting his losses and moving on was a great move that many can learn from.

I too have made some great investments in personal property and investment property. I have also made some bad ones. It’s part of the game. A football team can will the championship without winning every game. No one wins all the time and knowing that is very important if you are going through short selling your home or if your home has been foreclosed on. Get ready for the next game or home purchase. Work on your credit and start saving for your next home or condo. You’ll be ready to buy and lenders will be ready to lend before you know it. Make sure you’re in the game.

If a professional like Jeff Lewis can make a mistake and I have made mistakes and thousands of real estate agents have bought homes they either can’t afford anymore or are upside down $300,000 in, it shows that even people in the business are not immune to market conditions and no one has a real estate crystal ball. The days of flipping will be back one day and for those who love to flip it will be your market.

When you’re ready to buy or sell a home or condo in San Diego call Mike and Dawn Lewis.

Please use the links below to help you with your San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

If you think you might be in danger of having your home foreclosed on by the bank and you live in San Diego County you should consider doing a short sale. The first step should be to call the lender you currently have your home mortgage through and see if they will do a loan modification. Although this would seem to be the best option we have unfortunately not experienced too many lenders that can work out a loan modification with the homeowner.

As real estate professionals in San Diego we can help you short sale your home. If successful a short sale would allow a San Diego homeowner to avoid foreclosure. A short sale is when the bank accepts less money for the home than what is currently owed. This can be a complex problem and takes an experienced short sale agent to be successful in negotiating with the banks. We have done many short sales and are currently negotiating over 50 short sales for our clients who want to avoid foreclosure in San Diego. Many agents say “Short Sale Experts” make sure you ask them how much experience doing short sales they really have. Our short sale team is the best there is.

The difference between having a short sale on your credit and a foreclosure on your credit is dramatic. A short sale is far less destructive than having a foreclosure on your credit. To see if you can avoid foreclosure and do a short sale instead – call us right away. We’re here to help.

When you’re ready to buy a home or sell a home in San Diego make sure you call us. We’re the San Diego Real Estate Experts.

More information on this home and all of our listings here:

San Diego Listings 

Please use the links below to help you with your San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

Home in Central San Diego for sale – this short sale home has 3 bedrooms and 2 bathrooms. Open floor plan with beautiful tile floors with fireplace in family room. Yard is wonderfully landscaped with mature trees and shrubs and has a stamped concrete patio. This short sale in San Diego is well underway and shouldn’t last long. For great value without the overbidding a foreclosure might bring you should consider this home in Central San Diego. When you’re ready to buy a home in San Diego make sure you see this one and make sure you call us.

When you’re ready to buy a home or sell a home in San Diego make sure you call us. We’re the San Diego Real Estate Experts.

More information on this home and all of our listings here:

San Diego Listings 

Please use the links below to help you with your San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

Wow! Take a look at this Spring Valley condo for sale, 3 bedrooms with 2.5 bathrooms in a well established gated community. This condo is a Short Sale and won’t last long if the bank is ready we are too. Beautiful floor plan with tile kitchen counters, vaulted ceilings, ceiling fans, covered patio, close to shopping and freeways. Come see this Spring Valley condo and make it your own! When you’re ready to buy a home in Spring Valley make sure you see this one and make sure you call us.

When you’re ready to buy a home or sell a home in Spring Valley make sure you call us. We’re the Spring Valley Real Estate Experts.

More information on this home and all of our listings here:

San Diego Listings 

Please use the links below to help you with your Spring Valley and San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

EastLake Vistas home for sale in 91915. Real Estate in EastLake Vistas with many upgrades in this open floor plan home including; ceiling fans, surround sound wiring, fire place, Corian countertops in kitchen and laminate wood flooring throughout. Incredible landscaped yard. Walking distance to parks and an easy drive to shops, stores, restaurants and Otay Ranch Mall.

When you’re ready to buy a home in EastLake make sure you see this one and make sure you call us. 

When you’re ready to buy a home or sell a home in Chula Vista make sure you call us. We’re the Chula Vista Real Estate Experts.                                                          

More information on this home and all of our listings here:                                         

San Diego Listings 

Please use the links below to help you with your Chula Vista and San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog                    

3 Bedroom home in Sonora Ridge in EastLake Vistas in East Chula Vista. This home is located on Weeping Willow and was built in 2004. This home has a tech center, granite counters, custom paint, tile floor, dark wood cabinets, huge master suite, tropical landscaped back yard. When you’re ready to buy a home in EastLake make sure you see this one and make sure you call us.            

When you’re ready to buy a home or sell a home in Chula Vista make sure you call us. We’re the Chula Vista Real Estate Experts. 

More information on this home and all of our listings here:                                 

San Diego Listings 

Please use the links below to help you with your Chula Vista and San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

 San Diego Real Estate Blog

Huge back yard with mountain and ocean view facing North West San Diego! Upgrades galore in this Otay Ranch grand home! Oversized built-in BBQ-grill! Travertine tile, shutters, upgraded carpet, professional paint thru-out house! All granite kitchen counter tops, up graded kitchen cabinets, great view from master bed with Jacuzzi-size tub. Located on private cul-de-sac, spacious driveway w/3 car garage! 5 pillars in driveway w/exact matching stones of original house! 5 palms in front of house! This is your dream house! Not going to last long! Make it yours! When you’re ready to buy a home in Chula Vista make sure you see this one and make sure you call us.

When you’re ready to buy a home or sell a home in Chula Vista make sure you call us. We’re the Chula Vista Real Estate Experts.

More information on this home and all of our listings here:

San Diego Listings 

Please use the links below to help you with your Chula Vista and San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

Great “Short Sale” home in EastLake Shores- walk around the lake, fish, paddle boat, this is a great part of the many EastLakes in Eastern Chula Vista. This home has 3 bedrooms and 2.5 bathrooms. Open floor plan and ready for you to move in. EastLake Shores is very close to the new Route 125, EastLake Shopping Centers and the new Otay Ranch Mall. When you’re ready to buy a home in EastLake make sure you see this one and make sure you call us.

When you’re ready to buy a home or sell a home in EastLake make sure you call us. We’re the EastLake Real Estate Experts.

More information on this home and all of our listings here:

San Diego Listings 

Please use the links below to help you with your Chula Vista and San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

Great 1 story home in the beautiful community of Bonita in South Bay San Diego. This home is situated on a large lot of almost .25 acres. This home was built in 1954 and has 3 bedrooms and 2 bathrooms. The home has 1,808 square feet and has upgrades including wood floors, custom fireplace, open beam ceilings, and a very open spacious feel. 

When you’re ready to buy a home or sell a home in Bonita make sure you call us. We’re the Bonita Real Estate Experts.

More information on this home and all of our listings here:

San Diego Listings 

Please use the links below to help you with your Bonita and San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate              San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.