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Distressed Listings For Sale
In San Diego County
Including Bank-Owned Properties (REOs) and Short Sales
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DO YOU WANT TO KNOW MORE ABOUT DISTRESSED SALES?
CLICK HERE
FOR MORE DETAILS ABOUT BANK OWNED/REOs AND SHORT SALES |
The term “distressed” is not referring
to the condition of the home, but the condition of the sale. Most
“distressed” sales are bank-owned, short-sales, or probate sales.
These properties usually have the following characteristics:
| o The property is listed below market value. |
| o The property needs some (or a lot) of work, for example, basic appliances and functionality, bringing the property up to safe building code, general repairs and upgrades, sanitation, etc. |
| o The sale is usually “AS IS”! (do a home inspection, but don't ask the seller to fix anything) |
| o A buyer will often receive limited disclosures from the seller. |
| o The seller will usually not pay for any repairs, building code violation fixes, home warranty, and/or termite reports and extermination/damage repair. |
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| Enter your EMAIL address below to receive
daily notifications of new distressed listings (bank-owned, short sales)
in North County Coastal (plus), including the following areas: |
| La Jolla, UTC, Del Mar, Solana Beach,
Carmel Valley, Cardiff/Encinitas, Carlsbad, Rancho Santa Fe |
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