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There are more than 400,000 people in California in your circumstances, and who are living in homes in some state of foreclosure.
It could be a week or months before you are asked to move. Additionally, you may be offered money to assist in relocation.
These are tough and unusual times.
Best wishes....
Yes. There are zero-down VA loans, and better yet, there are sellers who will be willing to help you with closing costs.
San Diego is a buyer's market, and you should have no difficulty finding the loan program and financial assistance you are seeking.
Good luck!
Better than these frenzied public auctions are the foreclosure sales on the courthouse steps. It's not for the feint-hearted, but there are bargains to be had as long as you have cash to close the transaction.
On the other hand, we have investors who have the cash and will make the purchase on your behalf if you have the means to close escrow.
As others have mentioned, it is sometimes (and often) better to buy REO's or bank-owned properties that are listed through reputable Realtors. There are far more protections....
Good question!
There are a number of online valuation sites, and their results could be on-target or off by mega-thousands of dollars. The real estate market is in a state of chaos in many areas, and precise valuations can be difficult to snag. At the same time, chaos creates opportunity....
We are analyzing offers with our buyers more closely than ever--and implementing creative strategies when needed.
Pacific Beach may be offering some unique opportunities for investment. Its location just south of La Jolla and yet close to downtown San Diego makes it a prime investment target.
Good question!
I don't know the size of your bathroom, but agree with prior respondents that both a shower and tub would be preferable. If the room can't quite accommodate both, you may want to consider one of the smaller corner tubs in addition to the shower. I have seen this done in some remodels.
Good luck with your project--and I hope you get many years of enjoyment from your new bathroom!
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New comment posted Thu Nov 6 2008, 07:34 by David Baum - 13 Comments
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