CJ Brasiel

Buyers: Find deals with bank owned properties San Jose

Written on January 9, 2008 by CJ Brasiel in Market Information

If you are looking for a deal in San Jose on housing as a result of foreclosures take a look at ForeclosureRadar.com. They will let you look at one area for free. I registered in order to stay on top of investment opportunities for investors as well as to keep clients up to date on what is going on in their neighborhood. Below is a snap shot of San Jose, bank owned, non-owner occupied properties. Sure looks like an epidemic to me! Contact me if you would like to know how many homes in your neighborhood are in pre-foreclosure, foreclosure (ready for auction), or bank owned.

San Jose Foreclosures

Tags: Market Information, foreclosures, housing investments, housing market

2 Comments - Leave a comment!

Patricia

I just wanted to thank you for your market reports. They have been very helpful to me while I’m deciding whether or not to sell my home. I really feel as though you have put a lot of work into knowing your market and if you put this much work into this blog, you are the realtor I want on my side!
http://www.compasspropertyinvestments.com Bruce

As a regular visitor to Southern California (from New Zealand) I must say I am a tad shocked at the degree of residential foreclosures popping up in your neck of the woods.

The property market in our country has taken a hammering also, but nowhere near as bad as what I can see in that San Diego foreclosure map.

Our own residential housing market has dropped by about 15% on average, with the biggest falls being at the top-end of the market.

We’re in the property industry ourselves down here, specializing in “long term rent guaranteed” residential property. During the soggy market times (ie. now) it can be very comforting for property investors to know that their investment property is rent-guaranteed for up to 15 years by the New Zealand Government (NB: that is a specific offer we make to our clients).

The good thing about what you’re offering (with “good” being a rather subjective word in this case) is that a “buyer” looking for real value can probably get it via one of your recommended foreclosure opportunitiess in San Diego.

The more I look at that map the more I cease to be amazed.