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.

The Lund Team is one of the few brokers with the experience (and patience) to work and close short-sales in this tough marketplace.  We received updated information that Citigroup is offering incentives for homeowners to short-sale this year.  

For more information on the short-sale process, contact The Lund Team!

 

--------- News Release

Citigroup offering incentives to short sale home

Citigroup's mortgage servicing branch CitiMortgage is offering an average of $12,000 to borrowers who complete a short sale this year. By comparison, the mortgage servicer was offering $1,500 payments on average in 2009, and $3,000-$5,000 payments in 2010.

"Incentives will be offered to customers experiencing financial hardship who need funds to…

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1655 High Crest Place, Escondido CA 92025 - Listed at $349,900.

BANK OWNED! Custom built 4BR/3BA home on large corner lot, new paint and carpet, private pool and spa, 3-car garage, private location, split-level design, fireplace, large deck, PANORAMIC area views.

Video Tour: http://www.youtube.com/watch?v=EM_Oe0x2pMY

Call The Lund Team at 760.438.0800 or email lundmail@lundteam.com

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Foreclosure myths, debunked

Although there are a number of programs available to help homeowners who have defaulted on their mortgages keep their home, the large amount of misinformation tends to result in troubled homeowners failing to contact their lender until it is too late.

Making sense of the story

  • Some homeowners believe, incorrectly, that contacting their lender early in the process will draw attention to their situation and result in a quicker foreclosure.  In reality, contacting the lender or servicer is an important first step, and the sooner, the better.  Contacting the lender provides the homeowner with an opportunity to explain their situation and the steps necessary to deal with it.

  • It is a common misconception that…

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3 Bedroom, 2 Bathroom and Approx. 1,450 sq. ft.

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

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836 Luminara Way, San Marcos, Ca  92078

http://www.youtube.com/lundteam#p/u/1/bv_V80OChEU video tour

Model quality home near $500k for almost 2,500 sq. ft.  Bank's ready to look at offers now that the first party feel out of escrow.  We have a handful of offers the first week on this one.  Please give us a ring to discuss 760.438.0800

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2841 Cottingham Street, Oceanside CA 92054

Just got the list price - $324,900 for almost 2200 sq. ft. Bank Owned!  Turnkey opportunity in Mesa Pines neighborhood of Oceanside. Fresh paint. New Carpet. New Appliances and More. Spacious rear Yard. Elevated lot with Views. Open Floorplan. Fireplace in Living Area. Community Pool.

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4 Bedroom + 2 Optional, 4.5 Bath and Approx. 4,262

The Jewel of Rolling Hills. Stunning upgrades.  Gourmet kitchen complete with stainless steel appliances. Rich wood cabinets. Stone floors. Plush carpet. Custom built-ins. Multiple fireplaces.  Full bed and bath down stairs. Spacious loft area upstairs and retreat off master bedrooms. Amazing mountain views.  Lot backs to open space. Huge (all usable) lot.  Community club house, pool, spa, and play area.

Video Tour... http://www.youtube.com/lundteam#p/u/8/qfXm8ZAmIyY

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