Foreclosure Opportunity at Alta in the East Village neighborhood of Downtown San Diego:
A bank owned condo just listed for sale at Alta in East Village. We don’t see that many foreclosures properties anymore. What really makes this especially interesting is the fact it is a Fannie Mae Homepath sale.
Fannie Mae Financing is Very Attractive, Features Are:
- They only require a 3.5% down payment (10% for investment properties),
- They do not require an appraisal,
- They do not require a home owner’s association certification.
These unique characteristics eliminate many of the typical financing problems “would be” condo buyers face when purchasing property in the Downtown San Diego Real Estate market such as:
- Low owner occupancy rates,
- Delinquent home owners dues,
- Construction litigation issues,
- And other items that usually disable regular home loans and financing.
Due diligence is still highly recommended.
Quick Link To Unit #507 at ALTA (Log In is your Email Address)
A little bit about Alta: Alta is located on the border of East Village and the Gaslamp Quarter. A very convenient to all including Petco Park, the restaurants and nightlife on fifth avenue, shops, galleries, the convention center, and everything else Downtown San Diego has to offer. Amenities at Alta include a full size fitness center, pool, spa, security, maintenance, a several large community areas to socialize and relax.
Please visit this link (Log in is your email address) for more information on this particular fifth floor condo for sale at Alta including price, square footage, and pictures.
Quick details: It is a one bedroom with a balcony, marble counters in the kitchen and bathroom, and wood floors.
See Downtown San Diego Real Estate for Sale
Interested in more information or a viewing? Contact me anytime at the phone number in the top right hand corner of this page or please send me email.
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Alta
575 Sixth Avenue
San Diego, CA 92101
Alta located in East Village
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