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San Diego Foreclosure Friday - Volume 1

March 6th, 2009 6:55 PM by Michael Barrow

 
In 2008 about 80% of the buyers that I worked with ended up purchasing a foreclosure property. That trend continues with the buyers that I am currently working with in 2009. So I tend to get a lot of questions about the San Diego foreclosure market. People want to know just how good of a deal these foreclosure properties really are.

So starting today, and every Friday until the foreclosure market slows down and dissipates (and believe me, I think we still have a while before that happens), I will be posting two of the best foreclosure properties in San Diego for that week.

The first property that I will post will be a foreclosure that sold that week so that you can check out what it sold for, and the next will be one that is currently available so that you'll be aware of some of the best deals the San Diego foreclosure market has to offer.

So, without further adieu...

SOLD $458,495 (3/4/2009)
San Diego Foreclosure in North Park
PREVIOUSLY SOLD $735,000 (2/24/2005)


This classic Spanish home, in a great area of North Park, is 1910 square feet, and has 4 bedrooms and 2 baths. It has a great open floor plan with with sculpted archways, hardwood floors, and an open beamed ceiling. French doors lead out to a tiled patio and a beautiful backyard.




CURRENTLY AVAILABLE $689,000

San Diego Foreclosure in Kensington

PREVIOUSLY SOLD $1,050,000 (4/4/2007)

This 3 bedroom, 2 bath, 1935 square foot modern home sits high above the street in the heart of Kensington, one of San Diego's most sought after communities. This spacious home offers wood floors, an upstairs master bedroom with a fireplace, and a private backyard with a gazebo and spa.


If you would like more info on either one of these listings, other foreclosure properties throughout the San Diego area, or general information about buying foreclosure properties, please check out our website page on buying San Diego foreclosures. You can easily contact me from the form on the bottom of that page, or via email at Michael@NeelyBarrow.com.

Be sure to check back again next week for another San Diego Foreclosure Friday!

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Posted in:General
Posted by Michael Barrow on March 6th, 2009 6:55 PM

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