REO WATCH - SEPTEMBER

Oceanside - West of the 5 -

Priced at: $344,500

Cost per Sqft : = $186.92/ft

This 1843 SQ FT home was sold on Sept 1st for $344,500 on Vista Way. This is west of I-5 and represents one of the lowest priced homes sold in the area. The average cost per square foot west of I-5 in Oceanside over the last 9 months is $248.50. Originally listed for $310,000 and sold in 11 days for $344,500 all cash. This was a great deal!

Deal Buyers Remember: Don’t assume the asking price is the market price!! The inventory is low and REO’s and Short Sales are priced way below what the market will bear. Be ready to offer FAST and ABOVE ASKING PRICE if you are serious about the house. It worked for these buyers, they offered 34,500 above asking price and they still got over $100,00 off market.

New Construction REO - 2 Story Oceanside

New Construction REO - 2 story Oceanside $465,000
Intro

First Floor

Second Floor

Floor Plan

New Construction REO Single Story- Oceanside

Single Story New Construction REO - Oceanside $350,000

Gorgeous Encinitas short sale home

Sq Feet	3,398	Short Sale, need quick offer, opportunity knocks!!! Custom Built Beach Home in the Community of Encinitas Highlands.
Bed	4
Bath	4
Lot Size	10,889 sq ft
Originally Purchased in	2006	Listed at	$895,000 - 1,095,000
Original Purchase Price	$1,300,000	Sold for

Luxury Sold- Encinitas Investor Makeover 3-31-09

Sq Feet	6508	This home is a stunner on Hymettus on a full acre with an ocean view. No expense spared with superior quality, there is one very happy home owner in Encinitas.
Bed	5
Bath	6
Lot Size	45,700 sq ft
Originally Purchased in	2005	Listed at	$4,100,00
Original Purchase Price	$1,900,000	Sold for	$3,525,000

BUT, HERE’S WHAT IT LOOKED LIKE WHEN THE INVESTOR BOUGHT IT.
Before: (2005)

After: (2009) ___________________________________________________

There is lots of potential on this street. With panoramic ocean views, investors are buying the older homes for rentals with plans to tear down and build their dream homes in the future.

Luxury Home - 4S Ranch 3-31-09

Sq Feet	3574	The 4S market has maintained its values better than most thanks to the quality of life it provides. This gorgeous Davidson home did however end up discounted by 6 years. There are others ready for your bid.
Bed	5
Bath	4
Lot Size	7221 sq ft
Originally Purchased in	2005	Listed at	$825,876
Original Purchase Price	$918,500	Sold for	$720,000
		Total Discount	$105,000
		Price per Foot	$201.45
		Equivalent to	2003 Prices

Luxury Home-Sold North Escondido 3-31-09

Sq Feet	3645	Million dollar home for $575,000 . With no Mello Roos, this gated home has over a quarter acre of space, putting green, and lots of elegant upgrades.
Bed	5
Bath	4
Lot Size	18,200 sq ft
Originally Purchased in	2003	Listed at	$774,900
Original Purchase Price	$644,000	Sold for	$575,000
		Total Discount	$199,900
		Price per Foot	$157.75
		Equivalent to	2001 Prices