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Buying Foreclosure at Trustee Sales and Auctions – Scott Cheng

San Diego County has quite a bit of foreclosure opportunities for investors.  Many investors go down to the court house steps in order to purchase foreclosure properties.  There are three locations in San Diego where foreclosures are purchased.  The first is downtown San Diego. The second is in El Cajon. The third is in Oceanside.  Recently, auctions.com has started to sell trust deeds at the Sheraton Hotel on Harbor Island.

 

When a property is sold at the public auction.  Man… Continue Reading Buying Foreclosure at Trustee Sales and Auctions – Scott Cheng

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Home sales in Southern California are at a three year low

In April home sales in Southern California went down 9.2% from the year before. Compare this to 1988 and it is 25.4% below the months average since record keeping began in 1988.

The average price for a home in the southern California region fell 1.8% to roughly $280,000 according to Data Quick.

Some believe the market has turned soft because of the economy and the end of the federal tax incentives. Even with investors buying properties to rent out, flip or hold onto, the sales keep going d… Continue Reading Home sales in Southern California are at a three year low

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San Diego Leading the Turnaround for the Real Estate Market

According to Realtor.com San Diego County is among the top 10 metro cities to rebound from the housing bust. Based on online searches, sales, price stability and a number of other criteria, Realtor.com released a report. The report names cities such as Dallas, Fort Myers, and San Diego which are recovering faster than other cities.

Realtor.com claims San Diego has been steadily rising for more than a year. They noted that the average age of inventory for San Diego Listings is about half the n… Continue Reading San Diego Leading the Turnaround for the Real Estate Market

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Time to Buy Real Estate in San Diego

Statistics released on May 3rd 2011 indicate San Diego is a strong buyers market. With current interest rates it makes more economic sense to purchase the home rather than rent it. Earlier it was reported in an examiner article that large financial institutions are buying up hotels in San Diego at an increasing rate. Companies are recognizing the opportunity to buy low in a city that is continuing to grow.

It isn’t just big companies buying up properties. Many Real Estate investors are buying… Continue Reading Time to Buy Real Estate in San Diego

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Donald Trump being sued over real estate courses

A lawsuit filed in the San Diego U.S. District Court accuses the real estate giant of over marketing. It claims the course delivers an expensive “infomercial” disguised as a type of educational course. These classes are aimed at Americans down on their luck who would like to get into real estate.

George Sorial, assistant general counsel for the Trump Organization, told The Chronicle this week that the allegations contained in the suit are “completely ridiculous,” adding that Trump University … Continue Reading Donald Trump being sued over real estate courses

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