Bank Owned Property Update

Since Bank Owned properties are regularly in today’s news, we are often asked by our clients about possible opportunities that exist within the Rancho Santa Fe area. As a result, we are very current with each of the homes in our market that are owned by lenders.

However, due to aggressive pricing of these properties, the inventory of bank owned properties continues to tighten up. The word is out that these properties are priced to move and these homes are indeed moving!

Recently, we have seen new listings snapped up in a day or two, and many times within hours of being listed. Multiple offers are not uncommon. The vast majority of bank owned properties are selling for very close to or actually at the offering prices.

Some Bank Owned properties in Rancho Santa include the following:

6171 Clubhouse Dr Rancho Santa Fe,CA 92067	Address Not Available Rancho Santa Fe,CA 92067	6891 Avenida de la Ronda, Lot 586 Rancho Santa Fe,CA 92067	14211 Dalia Dr Rancho Santa Fe,CA 92067

Narrow Your Focus & Be Prepared To Act Quickly

If you have interest in a bank owned property investment, let Springer & McClue help you narrow your focus now to a few communities that appeal to you. Then be prepared to act quickly when we let you know about new listings that fit your parameters. And please remember, proof of financing approval or proof of cash funds (when paying cash) must be submitted when we submit your offer.