Fabulous tropical paradise in La Costa Greens

SOLD BY WESLEY GUEST FOR $1,050,000 Fabulous tropical paradise in LaCosta Greens. Lushly landscaped private yard w/ canyon views & your own energy efficient salt water pool w/ Baja bench, & spa. Plenty of room in this 4 bedroom, 4 ½ bath & 3 car garage. The home features spacious gourmet kitchen, SS appliances, granite counters, tile flooring, fireplaces in living & family rooms, First level bedroom w/ full en suite bath. Master bedroom w/ balcony view, tiled bath, dual sinks, vanity, & much more. All bedrooms with own baths.

Enjoy the Presidio community amenities that are only a short walk away the includes a pool, tennis, gym, playground and clubhouse. Walk/hike around the beautiful grounds and alongside the waterfalls and duck lake. Close to Legoland and the Carlsbad outlet mall. Walking distance to Alga Norte Community park and water center.

San Diego Real Estate: How To Search For Foreclosures & Bank Owned Properties

San Diego Real Estate: How To Search For Foreclosures & Bank Owned Properties.Bank Owned Homes in San Diego

It is true, the huge foreclosure run on San Diego real estate has past.  Does this mean there are no bank owned homes available for purchase?  Absolutely not.  Below I am going to describe the two very best ways to include foreclosures and bank owned homes in your San Diego real estate search.

Let’s be clear on exactly what a foreclosure property or bank owned home is:  We are talking about properties that have already gone through the repossession period or trustee sale making them technically Real Estate Owned or REO.  Once a property becomes REO, the holder will likely bring the property to public market.  These are the foreclosure and bank owned properties you see listed for sale on MLS and your favorite San Diego real estate agent’s website.

Search All San Diego Real Estate for Sale

What we are not talking about here are trustee sales and real estate sold at a trustee sale.  Trustee sales are all cash transactions, no due diligence periods allowed, and money must be paid on the spot (on the court steps in most cities).  There is risk of epic proportions here.  This is for professionals only and even they lose money frequently.  Just tune into Flipping San Diego or to any of the other numerous home flipping programs out there.  You do not know what you are buying other than what you see from the outside.  Bottom line is skip the trustee sales.

Very Best Way Number One To Find A San Diego Foreclosure:  First way to find foreclosures and bank owned properties when searching for San Diego real estate is to use your real estate agent’s home search feature on his or hers website.  There are a thousand ways to configure this but start by searching San Diego foreclosures and bank owned homes here.  Simply click the previous link, select your city or zip code(s) of interest, select any other criteria that is important to you such as number of bedrooms, bathrooms, pool, home size, home type, etc…  Once you have made those selection, simply scroll to near the bottom of the page on the right and select “Reo” under the “Sales Restrictions” box. Scroll back to the top and click the “Search” button.  Every San Diego foreclosure and bank owned property will be displayed with details, price, and pictures that meets your search criteria.

Very Best Way Number Two To Find A San Diego ForeclosureThe second way to search for San Diego foreclosures and bank owed properties is to make your San Diego real estate agent do all the work!  Sounds good right?  Follow this foreclosure sign up link, select all the criteria in a home or condo you might be interested in, and simply click send.  It’s like placing an order to go.  Once I receive your order, I’ll create a computerized notification alert customized just for you.  The moment any San Diego property lists for sale that matches your search criteria, you will be automatically notified.  In many cases,  you will know about a hot new San Diego foreclosure or bank owned property before myself and other agents in the neighborhood.  This is a huge advantage for you as a San Diego real estate consumer.

So there you have it.  First option is for those whom would prefer to drive their own San Diego foreclosure and bank owned property search.  Second option is for those whom would prefer to let a San Diego real estate agents do all the work.  Both approaches are highly effective ways of securing a bargain priced foreclosure or bank owned home.

Questions?  Comments?  Please send them to me anytime!

 

 

San Diego Real Estate: The Best Way To Search Online For Real Estate

homes for sale in san diegoSo what is the the best way to search online for real estate when interested in buying San Diego Real Estate?

Despite what those with the most advertising dollars would say, your very best place to search for homes is going to be a specific real estate agents website in the area or neighborhood you are interested in.   I know what you are probably thinking, I’m only saying that because I am biased and I am a real estate agent.  Fair enough, let present the following facts to you in:

Third Parties Have a Limited Selection:  Most public online listing syndication sites that list San Diego real estate for sale do not have permission to list 100% of the available homes (condominiums as well) for sale on the multiple listing service (MLS).

Why is this?  Not all agents allow third parties like Zillow, Trulia, Homes.com, and others to use their listings and re-advertise them as if they are their own or another agent.  Some agents pay big money on those sites to appear as if they are the listing agent as you scroll through properties in certain geographical areas.  Many listing agents have a problem with that and do not allow their listings to be syndicated.  The end result is third parties get about 80% of the listings to display.  This is just fine if you are okay with viewing a limited selection.  You are not seeing 20% of the market when you are home shopping and 20% of the market is not taken into account when you are delivered market data and home value estimates.  Not having full selection of all real estate available would be a problem for me as a real estate consumer.

Your Local Real Estate Agent Gives You The Best Selection Of Real Estate For Sale:  A local real estate agent with a website and a home search tool is likely displaying San Diego real estate for sale through IDX which delivers 100% of the properties for sale to the user.  This means you have the best selection as you see every home or condominium for sale in a neighborhood that may be of interest to you.  Also, your real estate market valuations will be 100% accurate as you have all the current information and data.  When I evaluate any purchase, I like to have a ll the information and data.

Easy Access To Accurate Information:  Most likely, as you search for San Diego real estate you will have questions that arise, especially if you find a home or condo that fits your tastes.  Wouldn’t you rather be on a site were if you need information you can likely make a call or send an email and get it within seconds?  Good luck sending an inquiry to cyber space on a third party syndication site like Zillow or Trulia!  Who knows were your questions go and finding a phone number is like trying to find the golden goose egg!

Am I biased?  Absolutely!  Do I have good reason?  You just read the article so please tell me what you think.

Questions?  Comments?  Please send them my way anytime.