Mission Valley Homes and Real Estate for Sale

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