Are Foreclosures and Short Sales Still The Best Deals In San Diego?
Are foreclosures and short sales still the best deals in San Diego, or are there better options for real estate investors looking for great opportunities?
The media has made no secret of the fact that the San Diego real estate market is heating up and foreclosure rates are dropping quickly. However, there are still quite a number of these distressed properties in San Diego County. In addition, short sales are readily available to those who know where to look.
Remember that while we are enjoying one of the healthiest and fastest improving housing markets in the country, homes here are frequently selling for 30% less than their previous high. They will get back up there soon and go even higher, but there are incredible deals to be found if you know where to look and move quickly.
Foreclosures and short sales can make good residences, vacation homes and investment properties, but they are not the only properties or deals in town. There are plenty of other motivated sellers besides those in foreclosure or listed as short sales. These include estate sales, professionals needing to move for work and those with equity that have been waiting for a better time to sell.
Of course, finding the best deals in San Diego and beating other potential buyers to the punch can take some work.
Those demanding a deal, and who want to rehab and flip houses, but are frustrated with increasing competition in the market can look to real estate wholesalers as an easy solution.
The Flip This House team in San Diego, CA has wholesale properties you can buy right now. So contact us today and let us know what you are looking for…