Everybody is talking about the historically low interest rates but every person in the market to buy San Diego Real Estate is asking, will the interest rate stay low or will the interest rate go up?  Nobody knows the answer but what we can do for you is to recommend this phenomenal program that protects your interest rate for up to 90 days!

We give every customer the opportunity to enrol in Pre-Purchase Rate Protection (PPRP) as soon as they receive a mortgage pre-approval decision from us.  Pre-Purchase Rate Protection is a service that safeguards your interest rate against market fluctuations.  You register even before you find a property and sign a contract to buy.

When you sign up for PPRP, we'll cap your interest rate according to where rates are at that time.

* No matter how high rates go, you won't pay more than the capped rate.

* If rates go down, you'll have a one-time opportunity to "float down" and lock in a lower rate before closing.

No matter which may interest rates go, you're protected.  The following chart illustrate the benefits of Pre-Purchase Rate Protection whether rates go up, down or stay the same:

Call us today, the sooner you do, the sooner you are protected.

San Diego Foreclosures | San Diego Home Search | San Diego Relocation | San Diego Home Values

George Bandak  619-277-2122

Sussy Brown      619-818-0037

Coldwell Banker
2655 Camino del Rio North, Suite 450
San Diego CA, 92108
Email: homes@HomeChain.com

This is definitely the best time in history to purchase Mission Valley Real Estate.  Knowing what to look for when purchasing a foreclosure or short sale can save you lots of time and money.

Short sales can be a very tricky.  The most important aspect is to consult with a real estate professional on HomeChain.com to research the property you're interested in before you make an offer especially when the house seems to be priced too low for the neighborhood.

With short sales, the bank does not know the value of the property until the BPO (Broker's price opinion) is completed and therefore the sales price and terms are subject to lender's approval but there is no guarantee that the bank will take your offer even if it is a reasonable and at market value.  There are several conditions and information the bank requires in order to approve your offer, short sales can usually last 3-6 months and sometimes more. 

In some instances, Foreclosures can be processed faster with the response to an offer taking only 3-5 days. The bank knows exactly how much the house is worth it and the costs they will have to incur to sell it. 

With foreclosures, the bank usually never negotiates the price so you may need to offer your highest and best price.  Also the properties are sold "AS IS" meaning no repairs will be done including termite treatment.  You buy the property the way you see it without warranties.

Patience and a good understanding of the process are keys to a successful closing.  We highly advise you to get expert help so feel free to contact us so we can guide you in the purchase of your Mission Valley Real Estate.

San Diego Foreclosures | San Diego Home Search | San Diego Relocation | San Diego Home Values

George Bandak  619-277-2122

Sussy Brown      619-818-0037

Coldwell Banker
2655 Camino del Rio North, Suite 450
San Diego CA, 92108
Email: homes@HomeChain.com

This is fantastic buy in Fashion Valley/Mission Valley neighborhood!

6364 Caminito Luisito, San Diego, CA 92111

Spacious 3 Bedroom 2 Bath Fashion Valley/Mission Valley Townhome in the Friars Village community that offers 1221 square feet. You can't beat the investment opportunity this offers. 

This Fashion Valley/Mission Valley Townhome offers a bright and open floor plan, freshly painted inside including ceilings, skylights, attached 1- car garage, minutes away from Fashion Valley Mall, close to USD, schools, shopping, Mission Bay and easy freeway access.

This wonderful community offers a sparkling pool, lush landscaping, playground, recreation room, and a hot tub.  This is not a Short Sale or Foreclosure! Seller is highly motivated and is offering a free 1 year home warranty.

Fashion Valley/Mission Valley is a highly desired neighborhood centrally located in the county of San Diego.  To enjoy more information about this neighborhood please visit our Mission Valley Community Blog where you will find everything about Mission Valley Real Estate and Homes for Sale.

Come and stop by to the OPEN HOUSE - Sunday July 18 from 1-4PM - Townhome in Fashion Valley/Mission Valley Neighborhood

If you need help buying or selling in the Mission Valley or San Diego area make sure you contact us.  HomeChain.com offers a free access to Mission Valley Real Estate and all San Diego Homes for Sale. Visit our website HomeChain.com or click on links below.

San Diego Foreclosures | San Diego Home Search | San Diego Relocation | San Diego Home Values

George Bandak  619-277-2122

Sussy Brown      619-818-0037

Coldwell Banker
2655 Camino del Rio North, Suite 450
San Diego CA, 92108
Email: homes@HomeChain.com

In reference to our previous blog Mission Valley Real Estate, Half Year 2010 Sales Report and Home Value sales in this past half year continued to perform at a healthy pace even though the median Mission Valley Condo and Mission Valley Townhome values did not increase significantly. Depending on the Mission Valley location and complex, the average price for a 2 Bedroom varied from $260,000 to $270,000.

Mission Valley real estate Sales jumped by .81% compared to 2009 and according to data obtained from the local Multiple Listing Service (Sandicor).  Overall, the Mission Valley real estate home sales have been slightly increasing month to month reflecting caution on part of the buyers.

Another aspect to consider, according to this source, only 19% of the sales were bank owned homes and 22% distressed properties (short sales).  Also, 25% of the total sales were cash buyers and 37% conventional loans.

Below there is a chart with the total Mission Valley Real Estate Condo sales reported from January to June 2010 per each development.

We would like to hear your opinion.  Leave your comments here or send a letter to the editors.

If you need help buying or selling in the Mission Valley or San Diego area make sure you contact us.  HomeChain.com offers a free access to Mission Valley Real Estate and all San Diego Homes for Sale. Visit our website HomeChain.com or click on links below.

San Diego Foreclosures | San Diego Home Search | San Diego Relocation | San Diego Home Values

George Bandak  619-277-2122

Sussy Brown      619-818-0037

Coldwell Banker
2655 Camino del Rio North, Suite 450
San Diego CA, 92108
Email: homes@HomeChain.com

According to Zillow San Diego's home prices were up 7% in May compared to previous year.  The report also mentioned a drop of 3.8% nationwide during the same time period.

Even though San Diego's real estate market is showing signs of a progressive recovery, the median Mission Valley Condo price's have been stationary at around $260,000 for a 2 bedroom, 2 bath condominium during this last year.

Mission Valley real estate home prices are not significantly increasing but home sales definitely are, making our local economy stronger every month.  A total of 159 units have been sold during the months of January thru June 2010 according to SANDICOR data which means an increase of over .8% of homes sold compared to last year.

Escala, Park Villas, River Colony, The Bluffs and The Lido are the top five complexes with the most properties sold during this first half year.

What's your opinion? Leave your comments here or send a letter to the editors.

If you need help buying or selling in the San Diego area make sure you contact us.  HomeChain.com offers a free access to Mission Valley Real Estate and all San Diego Homes for Sale. Visit our website HomeChain.com or click on links below.

San Diego Foreclosures | San Diego Home Search | San Diego Relocation | San Diego Home Values

GEORGE BANDAK 619-277-2122

SUSSY BROWN     619-818-0037
Coldwell Banker
2655 Camino del Rio North, Suite 450
San Diego CA, 92108
Email: homes@HomeChain.com