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.


Search Distressed Properties

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$2,750,000 - 4Br/12Ba -  for Sale in Covenant, Rancho Santa Fe
MLS# 190030528

6311 El Montevideo
Rancho Santa Fe, CA 92067

Property Type: Detached
Offered by: Pacific Sotheby's Int'l Realty
$2,100,000 - 3Br/3Ba -  for Sale in Columbia District, San Diego
MLS# 190043454

1240 India Street 2306
San Diego, CA 92101

Property Type: Attached
Offered by: Coldwell Banker West
$1,798,000 - 4Br/5Ba -  for Sale in Cielo, Rancho Santa Fe
MLS# 190016967

7977 Camino De La Dora
Rancho Santa Fe, CA 92067

Property Type: Detached
Offered by: Compass
$1,777,777 - 6Br/7Ba -  for Sale in Rainbow, Fallbrook
MLS# 190031267

1808 Camino Rainbow
Fallbrook, CA 92028

Property Type: Detached
Offered by: Paradise Homes & Gardens
$1,777,100 - 7Br/6Ba -  for Sale in Poway
MLS# IV19120494

15643 Boulder Ridge Lane
Poway, CA 92064

Property Type: Detached
$1,499,000 - 5Br/6Ba -  for Sale in Fallbrook
MLS# OC19187045

3991 Wendi Court
Fallbrook, CA 92028

Property Type: Detached
Offered by: Dalton Real Estate
$1,249,900 - 4Br/5Ba -  for Sale in Jamul, Jamul
MLS# 190020572

3287 Via Las Faldas
Jamul, CA 91935

Property Type: Detached
Offered by: Berkshire Hathaway HomeService
$1,170,000 - 3Br/3Ba -  for Sale in Santa Monica, San Diego
MLS# 190044395

7469 Las Lunas
San Diego, CA 92127

Property Type: Detached
Offered by: Community First Strategies
$954,000 - 4Br/3Ba -  for Sale in Encinitas
MLS# OC18297786

693 Poinsettia Park
Encinitas, CA 92024

Property Type: Detached
Offered by: Quantus Realty Solutions
$950,000 - 4Br/3Ba -  for Sale in Cantebria, Encinitas
MLS# 190004821

246 Via Tavira
Encinitas, CA 92024

Property Type: Detached
Offered by: Big Block Realty, Inc.
$915,000 - 4Br/5Ba -  for Sale in Fallbrook
MLS# OC19055514

4030 Flowerwood Lane
Fallbrook, CA 92028

Property Type: Detached
Offered by: Allison James Estates & Homes
$899,000 - 3Br/3Ba -  for Sale in Hidden Meadows, Escondido
MLS# 190045135

28480 Sage Glen Trl
Escondido, CA 92026

Property Type: Detached
Offered by: Aspire Pacific Realty