San Diego, CA (PRWEB) December 9, 2008
In a market where 50% of San Diego real estate sales are foreclosed homes, Surf Foreclosures has launched today to provide the most comprehensive, free Foreclosure Search Tool to San Diego home buyers.
This site provides two different search options. The first option allows buyers to search all current bank owned homes listed on the San Diego Multiple Listing Service (MLS). In addition, the site provides a list of San Diego short sale listings. With one click, buyers can see all the listings sorted by cities, as well as the addresses, pictures, description plus other pertinent information.
The second search option scans public records for San Diego Pre-Foreclosure homes (homes that have received a Notice of Default), San Diego Homes scheduled for Auction and San Diego Bank Owned homes. This San Diego Bank Owned home search is the most comprehensive on the web, as it also shows homes not listed on the San Diego MLS. Search results show homes by color coded icons, indicating the property's status, plus the current loan amount and estimate value.
Consumers can use the search without cost, a boon to first-time home buyers and investors, who are now buying San Diego Foreclosure homes in record numbers. With home prices back to 2003 levels, while rental rates are at an all time high, investors can now achieve positive cash flow on rental properties.
The Pre-Foreclosure and Auction Search is an excellent tool to determine future price trends in a particular zip code. If there are many home scheduled for auction in a particular area, home buyers can expect downward pressure on prices in those areas.
For home sellers, Surf Foreclosure helps to ensure that properties are priced to sell, by showing the number of distressed properties in a neighborhood. Sellers can adjust their asking price to remain competitive with the pre-foreclosure homes about to hit the market in order to achieve fast, positive results.
About Surf Foreclosures:
Surf Foreclosures.com is a San Diego Real Estate Portal providing current San Diego Foreclosure listings, San Diego Notice of Default homes and San Diego homes scheduled for auction. For more information, please call them at (888) 764-1850.