Just because a house is in foreclosure, does not make it a deal.
Depending on the area of San Diego that you are searching, you can find some good deals on Foreclosures. In areas where there are many bank owned properties you can find good deals. In areas where there are not many Foreclosures, the banks command market value.
The deal needs to be structured well too. Yes, you want to say yes to a seller, so they can receive what they need. But you also must structure the deal so you have your minimum 15% profit, and also cover your costs. The goal is to find win-win deals, so the seller says YES to your offer.
If you are an investor, the more yeses you receive, the more folks you can help, the more neighborhoods you can improve and the more profits you can make! That’s what being a successful foreclosure investor is all about.
When it comes down to it, my clients have an advantage having me as there agent to represent them and arm them with expert knowledge on the market.
About Denay Trinidad, San Diego Realtor
Real Estate is my passion. I choose to use my time and energy to build a relationship with each client, not just do a transaction. Each client’s real estate situation is unique. Your real estate needs; including residential sales and purchasing, residential leasing and income properties are important to me. You will benefit from my exceptional knowledge of the local market and my focus on finding buyers the perfect property or netting sellers the right price and in the right amount of time. As a Certified Previews International Specialist, I am very qualified to sell properties that fall under the Luxury market.