Foreclosure / REO 
These are blog posts that involve the exciting distressed property. The previous owners failed to make their payment obligations and the lender foreclosed on the home.
There are currently 33 blog entries related to this category.
Short Sale and Foreclosure - Carlsbad, Encinitas, Cardiff
Thursday, April 26th, 2012 at 11:16am. 93 Views, 0 Comments.
Home many short Sales, foreclosure homes and resale homes make up the coastal market?
We have many clients that are curious about foreclosure & Short Sales - and how much they make up of the current market. The numbers below are for a 12 month period. Below, you can see REO property is currently shrinking and short-sale home increasing. This is due to more people short-selling as opposed to letting the bank foreclose. Resale homes, or traditional homes, still make up a majority of the marketplace on the coast. (Want more info? Contact Tyson Lund)
For the following cities: (Carlsbad, Encinitas, Cardiff)
| Territory Market Recap* | ||||||||
|---|---|---|---|---|---|---|---|---|
| Active | In-Escrow | Closed (List Side) | Total | |||||
| REO | 75 | 5.6% | 109 | |||||
Just Listed - 1/2 acre in Discovery Hills / San Marcos - Single Level
Wednesday, March 21st, 2012 at 11:16am. 163 Views, 0 Comments.
Bank Owned - $309,900. Amazing view property in the heart of San Marcos. Single Level 3 bedroom / 2 bathroom. Open floor plan. Hardwood floors. Light and bright. Over 1/2 acre lot. Walk to schools, parks and shopping. No HOA or Mello Roos.
http://www.lundteam.com/listing/120014201-913-discovery-st-san-marcos-ca-92078/
New Price!! $524,900 in La Costa for 3,084 sq. ft. - Bank Owned!!
Friday, February 3rd, 2012 at 9:38am. 145 Views, 0 Comments.
2727 Llama Court, Carlsbad CA 92009
Spacious custom home located high in the hills of La Costa. Quiet cul-de-sac, no HOA and no Mello Roos. Private pool and spa. Fresh interior paint and new carpet.
4 Bedroom, 2 Bathroom and Approx. 3,084 sq. ft.
http://www.lundteam.com/listing/110067185-2727-llama-ct-la-costa-ca-92009/
Call The Lund Team for additional information - 760.438.0800
Carlsbad Market Summary - 2012
Wednesday, January 25th, 2012 at 4:52pm. 149 Views, 0 Comments.
Carlsbad and General Market Summary:
Tyson Lund - Broker Associate , The Lund Team, Inc
Active
real estate brokers are noticing a shift in the San Diego real estate
market. Many areas of the county are experiencing fewer homes for sale
than in previous months. Professionals call this “inventory restriction”
and it is having a noticeable affect on our local Carlsbad market. An
increase in the number of home buyer showings per available home.
Average time to sell in the current market for non-short sale property
has dropped by 33% to 60 days average market time. Brokers are finding
multiple offers more common on their desirable listings with the seller
achieving near 99% of their asking price. Now although it is much…
Just Listed - Bank Owned!! 2876 Macdonald St, Oceanside 92054
Friday, January 20th, 2012 at 4:44pm. 91 Views, 0 Comments.
Spacious 3BR/2BA single story home in established neighborhood. New carpet and fresh interior paint! Formal living room with fireplace. Move-in ready condition with updated kitchen and bathrooms. New kitchen appliances. Attached 2-car garage. Large, private backyard. Oversized view deck with BBQ and fire pit. NO HOA, NO MELLO ROOS!
Listed at $299,900 - Call The Lund Team at 760.438.0800 or email reo@lundteam.com thanks.
Real Estate In The News: Rates, Sales & More
Friday, September 23rd, 2011 at 9:36am. 157 Views, 0 Comments.
The Los Angeles Times
Mortgage rates hold steady, Freddie Mac survey says
The
interest rate on a 30-year fixed mortgage held steady this week at a
60-year low while the 15-year fixed loan edged down to a new record low,
mortgage finance company Freddie Mac said in its weekly rate snapshot.
Read the full story
HousingWire
Five more years of housing problems, with some stability in local markets
The
housing market remains shaky and is unlikely to deliver significant
growth in prices over the next five years, according to a new survey of
economists, real estate professionals and analysts.
Read the full story
The Los Angeles Times
Sales of previously owned homes jump in August
The
number of homes sold increased 7.7 percent in August compared with…
$339,900!! 148 TERRACINA WAY VISTA, CA 92083 - 3 Units
Tuesday, September 13th, 2011 at 1:48pm. 165 Views, 0 Comments.
http://www.youtube.com/lundteam#p/u/2/gAI9cqqbto8
We just got the list price on a 3 unit building in Vista. Great value. $339,900. Not in the MLS yet. Needs about $10-15K in carpet and paint. Rents are strong with the garages.
Major Price Reduction - 635 Hunter St - $234,900!!
Wednesday, August 17th, 2011 at 9:51am. 164 Views, 0 Comments.
Wonderful Single Level Residence. Turnkey Interior. Quiet Cul-De-Sac Location. Property Backs to Open Space. Nearby Hicking Trails. Spacious Back Yard. Numerous Enhancements... Flooring, Fresh Paint, Windows. Fireplace in Living Area. Interior Laundry. Finished Garage. Hilltop Views.
Video Tour: http://www.youtube.com/watch?v=HeFSW28r0gU
$279,900!! Turnkey Home almost 2200 ft in Oside - Bank Owned
Monday, August 15th, 2011 at 9:27am. 155 Views, 0 Comments.
What a deal... just got a major price reduction on our bank owned...
2841 Cottingham St, Oceanside CA 92054
Upcoming REO - 3111 Rancho Del Canon, Carlsbad CA 92009
Wednesday, August 10th, 2011 at 10:25am. 182 Views, 0 Comments.
http://www.youtube.com/watch?v=pMdtNcYLqiM
