La Costa Town Square is a mixed-use development that is starting construction in SE Carlsbad. There will be 253,000 sf of retail, 50,000 sf of office space, a gas station, and 98 homes built by Davidson Communities and Taylor Morrison. It also happens to be adjacent...
REOs for sale
Crosby
Because the MLS is manually-inputted, the Mello-Roos can be inaccurate for time to time. You can confirm the Mello-Roos amounts by checking the CFDs here: https://www.sdctreastax.com/ebpp3/(5loehyyzhblz2l55l12elji1)/Start.aspx This listing is marked contingent, so...
D-I-L
Luther Burbank Savings took ownership of this house via a deed-in-lieu-of-foreclosure - without ever filing a notice of default. The previous owner (who paid $568,000 in 2003) never tried to sell either, but had two loans, the LBS first mortgage of $594,500 plus a...
Big Dive
There are only three active listings of bank-owned houses in North SD County's Coastal region - population approx. 300,000! Here's a video tour of one of them:
Value Near CV
A video tour of a WFB REO in the south end of 4S Ranch, 92127:
Utilizing the Selling Strategies
A video tour of a La Jolla near-oceanfront house plus the three selling strategies. A listing agent who is aware of the strategies, and who generates the correct market data to implement them, can make a seller's life easy - because you will be presented with the...
Speedy View
This video shows a bank-owned house with "expansive 180-degree ocean views" in Cardiff.
Big Bomber REO
The last REO sale of this model closed for $914,000 last month, without the granny flat. It took six months to sell it, but their initial list price was $1,130,000. This one is listed for $1,046,000:
Not Many ‘Bank Deals’
Are you wondering how this strategy of banks-not-foreclosing is working? Here are the counts of active listings of detached homes around NSDCC: Town REO SS Non REO/SS Carlsbad 3 19 208 Carmel Valley 1 3 111 Encinitas 0 3 101 DM/SB/RSF 3 4 304 La Jolla 0 2 164 Totals 7...
Pool or Stucco Yard?
When selling, try to minimize the distractions, and keep it simple for the buyers: