Foreclosure/Distressed Real Estate

When buying a distressed property you will likely will be dealing with a motivated seller and or bank. With recent market changes, many of these properties are selling quickly, as many investors and buyers are taking advantages of today’s incredible rates.

For the most part listing agents (representing the bank or seller) are interested in having these homes off the market so they can begin the negotiation stage. There are times that you are able to purchase homes slightly below the market rate depending on strategy. Knowing whether or not a home in a certain area is located in an area where value retention is viable is something we can help you asses.

How do I know if I am a Distressed Seller?

At Skoglin Real Estate, we have assisted more than 90 clients in the most recent years with finding ways to create the best solutions for them. Having completed CDPE (Certified Distressed Property Expert) certification we are able to use our level of education and awareness of today’s “distressed market” to ease our clients worries with results. We create options for our sellers that may be in default (missed payments) or those that are facing challenges for them to stay in their home. There are various options through loan modifications and legal consulting that will help figure out what is the best path for your future. As always this information is always private and we pride ourselves to use upmost discretion. We understand that jobs transfers, illness, income changes and other factors are constantly issues that come up for our neighbors, friends and family and we are here to assist in figuring out what is truly the best next step.

Disadvantages of Purchasing a Distressed Property

Usually most assume that buying a distressed home you are going to get a great deal! That is not always the case. With inventory being so low, the San Diego market is changing. One of the biggest issues with buying a distressed home is the sale process. It’s sometimes not clear which lending institution actually owns a mortgage loan, and it can take time to get the bank to approve the sale. For the most part, homes in San Diego are in maintained condition, however, at times bank owned or foreclosed properties can be deemed “fixers”. For a list of all the active distressed homes for sale in San Diego please use our search icon below to browse. To find out more about how our experience representing distressed sellers and those buyers interested in learning more, please contact us.

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$2,250,000

MLS# ND22214783

35025 Highway 79
Warner Springs, CA 92086

Property Type: Detached

Offered by: Tandado Real Estate, Inc.

Active

15 Beds

15 Baths

15,000 Sqft

$1,350,000

MLS# NDP2301517

2633 Valewood Ave
Carlsbad, CA 92010

Property Type: Detached

Offered by: Coldwell Banker Realty

Pending

4 Beds

3 Baths

2,345 Sqft

$1,189,000

MLS# SW23033432

572 Plaza Del Cid
Chula Vista, CA 91910

Property Type: Detached

Offered by: Exit Alliance Realty

Pending

5 Beds

5 Baths

4,004 Sqft

$1,100,000

New

MLS# 230005705

7500 Chicago Dr
La Mesa, CA 91941

Property Type: Detached

Offered by: Woods Real Estate Services Inc

Contingent

3 Beds

3 Baths

2,408 Sqft

$1,095,000

MLS# 230003784

700 W Harbor Dr 1302
San Diego, CA 92101

Property Type: Attached

Offered by: Revilo Realty

Active

2 Beds

2 Baths

1,374 Sqft

$929,000

MLS# 220028326

3169 Amberwood Ln
Escondido, CA 92027

Property Type: Detached

Offered by: Keller Williams La Jolla

Pending

3 Beds

3 Baths

2,366 Sqft

$924,900

MLS# NDP2301440

29710 Nella Lane
Vista, CA 92084

Property Type: Detached

Offered by: Excel Properties

Active

3 Beds

3 Baths

2,691 Sqft

$899,900

MLS# PTP2300315

3110 Stoney Oak Dr
Spring Valley, CA 91978

Property Type: Detached

Offered by: Century 21 Award

Pending

5 Beds

4 Baths

4,280 Sqft

$899,900

MLS# MC22218964

1627 Avenida Ladera
El Cajon, CA 92020

Property Type: Detached

Offered by: A2Z Homes, Inc.

Active

4 Beds

3 Baths

2,813 Sqft

$899,000

MLS# 230004110

10236 Avenida De La Cantina
San Diego, CA 92129

Property Type: Detached

Offered by: Team Metro

Pending

3 Beds

2 Baths

1,292 Sqft

$895,900

MLS# PTP2207653

3597 S Tralee
Spring Valley, CA 91977

Property Type: Detached

Offered by: YourHomeSoldGuaranteedRealtyWG

Pending

4 Beds

3 Baths

3,177 Sqft

$875,000

MLS# ND22025497

22779 Japatul Valley Road
Alpine, CA 91901

Property Type: Detached

Offered by: Clifford R Stevens, Broker

Pending

5 Beds

4 Baths

3,270 Sqft