I lived off of Daisy street in the orangecrest area and i have had four different neighbors since moving here in 2001. I would say that there is been a lot of short sell and foreclosures in the area.... more
Honestly, whenever someone asks about an area in the general sense, or if they ask whether an area is "good or not", my only advise is to drive the area yourself. Everyone9;s opinion is subjective, and what I like may be different from what you like.... more
You may want to consider sliding down the Coast about another 30 to 50 miles into North San Diego; especially along the Coast. There's some significant buying opportunities down this way. We are a one stop, turnkey family owned RE broker, general contractor (rehab specialist), investment & property management co specializing in distressed property acquisitions and rehab 1 t0 4 unit residential properties.
We'd love to have you join our investment pool. We can assist you in the fix and flip or buy and hold to rent/lease and build a RE portfolio that we would be happy to manage for you. If this is of any interest to you please contact us at your convenience.... more
When buying a foreclosed home it is usually sold as is and extensive repairs may be needed. Chances are investors have already looked at the property and determined rehab value, hence many offers are submitted and the bidding begins. Owner occupantâ€™s usually have an advantage if they act fast and have their paperwork in order as they usually get a 15 day first look at properties. In our area of the country â€œflippersâ€ usually make 10-15% on an investment purchase. My advice to you, until you become a professional in the market stay away from short sales it is a very frustrating process. Also hire a full time agent with skills at making offers on bank owned properties, interview at least 3 agents and sign a 1 day buyers agency agreement with all 3 have each show you properties on 3 different days then comment long term to the agent you think will be best able to assist you. There are some very skilled agents in the market place that can really help you through the process. Many have a license but few hold the skills that will save you money and ensure a good transaction in the REO arena.... more