Foreclosures

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San Diego Home Values Hit Seven-year High

Friday, July 18th, 2014

The median price for San Diego home sales and condominiums reached a near seven-year high in June, rising to $450,000, up 8 percent from June a year ago. But the pace is slowing as the number of San Diego foreclosures shrinks and interest rates tick upward, a combination that still bodes well for individual homeowners […]

Avoiding Foreclosure: Your Options

Tuesday, July 20th, 2010

As your debts loom and your monthly mortgage falls behind, you might think that foreclosure is your only way out. Happily, that’s not the case for most homeowners. Depending upon your individual circumstances, you have plenty of other options, many of which are outlined below. Refinancing If you have enough equity in your home and […]

Short-Sales vs. Foreclosures

Monday, July 19th, 2010

Some homeowners who are behind on their mortgage simply pack their things and leave. As a result, lenders have no choice but to foreclose upon abandoned properties. Foreclosure, however it may occur, can be damaging to your credit and reputation.Instead, working with your bank or lender to approve a short sale will have much less […]

Foreclosures Rise 21 percent in 2009

Sunday, January 31st, 2010

Foreclosures rose 21 percent in 2009 compared with 2008, as nearly 3 million properties received a foreclosure filing, according to RealtyTrac?????s Year End 2009 Foreclosure Market Report.?? Foreclosure filings were reported on 349,519 U.S. properties in December, a 14 percent increase from November and a 15 percent increase from December 2008.?? Despite the increase in […]

Credit After Foreclosure, Bankruptcy, or Short Sale

Tuesday, January 19th, 2010

Many distressed homeowners worry or wonder what their financial futures may hold.?? What happens to a homeowner after going through the short-sale or foreclosure process??? Will this homeowner ever be able to purchase another home??? Read the article below to learn more about what the current ramifications are if you do find yourself in such […]

The Humorous Side of Buying A Foreclosure Property

Friday, October 16th, 2009

The Biggest Loser — San Diego’s Largest Foreclosure

Wednesday, February 25th, 2009

The Vivienda Estate, built for over $11 Million dollars in 2006, was foreclosed upon. There were no bidders for the 17 bedroom, 9 bath, 16,330 square foot home at the $2.275 asking price. This home is currently the largest San Diego foreclosure. HouseRebate.com anticipates this home to be available for sale in the coming weeks.

President Obama Offers Up $75 Billion Foreclosure Life Line

Friday, February 20th, 2009

President Obama announced Wednesday that he will be making $75 Billion available to help 9 million homeowners who are facing foreclosure.?? Obama declared the need for drastic action in the face of the growing economic crisis and stated that the funding will help to keep the housing crisis from wreaking further havoc on our already […]

HouseRebate.com Announces January 2009 San Diego Foreclosure Numbers

Wednesday, February 11th, 2009

San Diego continues to have a large foreclosure inventory, giving potential San Diego homebuyers and investors great buying opportunities. There are currently 3,738 San Diego bank-owned properties. Buyers have been taking advantage of low prices and distressed properties. Investors are taking advantage of the excellent pricing and lower interest rates. With over 1,696 San Diego […]

San Diego Foreclosure Numbers Decrease Partly Due To Loan Modifications

Monday, January 19th, 2009

San Diego continues to have a large foreclosure inventory, giving potential San Diego homebuyers and investors great buying opportunities. There are currently 3,596 San Diego bank-owned properties as of January 14th, 2009. Buyers have been taking advantage of low prices and distressed properties-the current number of 3,596 has been decreasing over the last few months. […]

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