Lupe Soto, Bilingual Realtor 818-968-3718 specializes in selling real estate at AUCTION.
COMPRE CASAS EN SUBASTA - BUY HOMES AT AUCTION
Lupe Soto, Burbank Realtor (818) 968-3718 specializes in selling real estate at AUCTION in Los Angeles County Homes at Auction, San Fernando Valley Homes at Auction & Antelope Valley Homes at Auction. Me especializo en venta de casas en subasta en el Condado de Los Angeles, Valle de San Fernando Casas en Subasta y Valle del Antelope Casas en Subasta. Buy houses and condos at auction at 60% below market value. Esta es la oportunidad de comprar casas o condominiums y ahorrar con un 60% menos del valor.
CONTACT LUPE TO SET UP AN APPOINTMENT
FOR BANK OWNED PROPERTIES IN BURBANK, SAN FERNANDO VALLEY, CLICK HERE
AUCTION DATE: Sunday, July 27, 2008
AUCTION TIME: 8:30am
AUCTION PLACE; Pomona - Foreclosure Auction
OPEN HOUSE DATES: Sunday 7/13/08; Saturday 7/15/08; Sunday 7/20/08 - from 11am-4pm
REGISTRATION: Contact Lupe Soto to schedule an appointment in my office to sign up, Buyers shall select my services as your Buyer's Exclusive Agent.
LIST OF PROPERTIES AVAILABLE FOR SALE AT AUCTION - LOS ANGELES COUNTY, SAN FERNANDO VALLEY & SANTA CLARITA VALLEY & ANTELOPE VALLEY
CANYON COUNTRY CA
Property # 300 Opening Bid $55,000 Previously Valued $222,851 Address SUNDOWNER WAY #969, CANYON COUNTRY, CA 91387 Property Type CONDO Year Built 1985 Square Footage 844 Bedrooms 2 Bathrooms 2 HOA Dues N/A Lot Size 0.04 Occupancy Financing Available yes
LANCASTER CA
Property # 382 Opening Bid $20,000 Previously Valued $195,000 Address 5TH ST E UNIT 12, LANCASTER, CA 93535 Property Type CONDO Year Built 1992 Square Footage 1,056 Bedrooms 2 Bathrooms 2 HOA Dues N/A Lot Size 0.06 Occupancy Financing Available yes
Property # 383 Opening Bid $35,000 Previously Valued $210,000 Address WOODINGTON DR, LANCASTER, CA 93535 Property Type SFR Year Built 1969 Square Footage 1,440 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes
Property # 384 Opening Bid $45,000 Previously Valued $265,000 Address 12TH ST E, LANCASTER, CA 93535 Property Type SFR Year Built 1977 Square Footage 1,813 Bedrooms 4 Bathrooms 2 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes
Property # 385 Opening Bid $45,000 Previously Valued $237,177 Address PALM VISTA AVENUE, LANCASTER, CA 93535 Property Type SFR Year Built 1989 Square Footage 1,639 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.2 Occupancy Financing Available yes
Property # 386 Opening Bid $75,000 Previously Valued $356,898 Address REMBRANDT STREET, LANCASTER, CA 93535 Property Type SFR Year Built 1986 Square Footage 2,637 Bedrooms 3 Bathrooms 3 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes - POOL HOME
Property # 387 Opening Bid $35,000 Previously Valued $175,098 Address E AVENUE K, LANCASTER, CA 93535 Property Type SFR Year Built 1950 Square Footage 1,238 Bedrooms 3 Bathrooms 1 HOA Dues N/A Lot Size 1.26 Occupancy Financing Available yes
Property # 388 Opening Bid $45,000 Previously Valued $325,000 Address PARK CIRCLE DRIVE, LANCASTER, CA 93535 Property Type SFR Year Built 1986 Square Footage 1,526 Bedrooms 3 Bathrooms 3 HOA Dues N/A Lot Size 0.09 Occupancy Financing Available yes
Property # 389 Opening Bid $35,000 Previously Valued $320,000 Address Fenhold Street, Lancaster, CA 93535 Property Type SFR Year Built 1972 Square Footage 1,426 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes POOL HOME
Property # 390 Opening Bid $40,000 Previously Valued $281,520 Address Warren Court, Lancaster, CA 93535 Property Type SFR Year Built 1983 Square Footage 1,390 Bedrooms 3 Bathrooms 1.5 HOA Dues N/A Lot Size 0.13 Occupancy Financing Available yes
Property # 391 Opening Bid $90,000 Previously Valued $364,140 Address VAHAN COURT, LANCASTER, CA 93536 Property Type SFR Year Built 2005 Square Footage 2,523 Bedrooms 3 Bathrooms 3 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes
Property # 392 Opening Bid $80,000 Previously Valued $398,000 Address 42ND STREET W, LANCASTER, CA 93536 Property Type SFR Year Built 2004 Square Footage 2,045 Bedrooms 3 Bathrooms 3 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes
LITTLEROCK CA
Property # 394 Opening Bid $85,000 Previously Valued $334,000 Address EAST AVENUE V-8, LITTLEROCK, CA 93543 Property Type SFR Year Built 2006 Square Footage 2,394 Bedrooms 4 Bathrooms 4 HOA Dues N/A Lot Size 2.1 Occupancy Financing Available yes
Property # 395 Opening Bid $30,000 Previously Valued $95,000 Address EAST AVENUE S 14, LITTLEROCK AREA, CA 93543 Property Type SFR Year Built 1956 Square Footage 1,170 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.5 Occupancy Financing Available yes
MISSION HILLS
Property # 304 Opening Bid $115,000 Previously Valued $494,189 Address HALBRENT AVE, MISSION HILLS, CA 91345 Property Type SFR Year Built 1954 Square Footage 1,513 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.14 Occupancy Financing Available yes Comments fair condition; ok neighborhood
PALMDALE CA
Property # 407 Opening Bid $30,000 Previously Valued $275,000 Address LAKESPRING AVE, PALMDALE, CA 93591 (LAKE LA AREA) Property Type SFR Year Built 1988 Square Footage 1,134 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.6 Occupancy Financing Available yes
Property # 408 Opening Bid $25,000 Previously Valued $158,118 Address RONAR ST, PALMDALE, CA 93591 (LAKE LA AREA) Property Type SFD Year Built 1987 Square Footage 1,463 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.47 Occupancy V Financing Available yes
Property # 406 Opening Bid $30,000 Previously Valued $308,040 Address 169TH STREET EAST, PALMDALE, CA 93591(LAKE LA) Property Type SFR Year Built 1984 Square Footage 1,118 Bedrooms 3 Bathrooms 2 HOA Dues N/A Lot Size 0.32 Occupancy Financing Available yes
Property # 400 Opening Bid $30,000 Previously Valued $319,500 Address Lilacview Avenue, Palmdale, CA 93550 (near Palmdale Blvd @ 35th E) Property Type SFR Year Built 1956 Square Footage 960 Bedrooms 3 Bathrooms 1 HOA Dues N/A Lot Size 0.15 Occupancy Financing Available yes
Property # 397 Opening Bid $35,000 Previously Valued $190,392 Address LILACVIEW AVENUE, PALMDALE, CA 93550 (Palmdale Blve @ 35th St E) Property Type SFR Year Built 1956 Square Footage 924 Bedrooms 3 Bathrooms 1 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes
Property # 398 Opening Bid $35,000 Previously Valued $256,978 Address DUNMORE AVENUE, PALMDALE, CA 93550 (Palmdale Blvd @ 35th St E) Property Type SFR Year Built 1957 Square Footage 1,306 Bedrooms 4 Bathrooms 2 HOA Dues N/A Lot Size 0.17 Occupancy Financing Available yes
Property # 399 Opening Bid $30,000 Previously Valued $288,000 Address EAST AVENUE Q12, PALMDALE, CA 93550 Property Type SFR Year Built 1954 Square Footage 1,373 Bedrooms 3 Bathrooms 1 HOA Dues N/A Lot Size 0.14 Occupancy Financing Available yes
Property # 405 Opening Bid $70,000 Previously Valued $374,641 Address SABAL AVE, PALMDALE, CA 93552 (Ave S @ 53rd E) Property Type SFR Year Built 2004 Square Footage 2,109 Bedrooms 3 Bathrooms 3 HOA Dues N/A Lot Size 0.15 Occupancy Financing Available yes
Property # 402 Opening Bid $85,000 Previously Valued $436,967 Address BONINO DR, PALMDALE, CA 93551 (Tierra Subida & West Ave Q8) Property Type SFR Year Built 2000 Square Footage 2,452 Bedrooms 4 Bathrooms 2 HOA Dues N/A Lot Size 0.2 Occupancy Financing Available yes
Property # 396 Opening Bid $85,000 Previously Valued $453,900 Address CRISTALLO CT, PALMDALE, CA 93550 (Ave S @ 35th East) Property Type SFR Year Built 2002 Square Footage 2,423 Bedrooms 3 Bathrooms 3 HOA Dues N/A Lot Size 0.16 Occupancy Financing Available yes
Property # 403 Opening Bid $85,000 Previously Valued $488,580 Address Ruby Red Lane, Palmdale, CA 93551 (Anaverde Area) Property Type SFR Year Built 2005 Square Footage 2,842 Bedrooms 5 Bathrooms 2.5 HOA Dues N/A Lot Size 0.12 Occupancy Financing Available yes
PANORAMA CITY
QUARTZ HILLS
SANTA CLARITA
SHERMAN OAKS
SYLMAR
TARZANA
VALENCIA
VALLEY VILLAGE
Property # 314 Opening Bid $105,000 Previously Valued $403,750 Address VALERIO STREET, VAN NUYS AREA, CA 91405 Property Type SFR Year Built 1948 Square Footage 1,148 Bedrooms 3 Bathrooms 1 HOA Dues N/A Lot Size 0.15 Occupancy Financing Available yes
WEST HILLS
Property # 315 Opening Bid $45,000 Previously Valued $159,900 Address SHOUP AVE, WEST HILLS, CA 91307 Property Type CONDO Year Built 1981 Square Footage 464 Bedrooms 1 Bathrooms 1 HOA Dues N/A Lot Size 0.04 Occupancy Financing Available yes
LA PUENTE
F.A.Q's
Question: Why do lenders sell foreclosed homes at auctions?
The mortgage meltdown has resulted in a dramatic increase in the number of homes lenders have taken back as borrowers stopped making payments on their loans. It would take years for lenders to liquidate this inventory through the traditional sales method of one home at a time. Instead, they turn to home auctions where they can sells dozens or even hundreds of properties in a single day, reducing their costs to hold, maintain and market their real estate owned .
Question: Why are home auctions so popular with consumers?
Consumers want a great deal and know that home auctions offer one of the best ways to buy real estate today. You're in control. You decide exactly what you want to pay on a home and bid up to that amount. No back and forth negotiation, offers and counter offers so common in traditional real estate sales. Auction style bidding means you pay the true market price. Plus, you'll find a great selection of homes in all price ranges and property types including single family homes, condominiums, town homes and one to four multi-family units.
Question: Is there any cost to attend an auction?
Ask your Realtor or Broker for details about Buyer's Representation Agreement before attending an auction.
Question: Can you describe a typical auction day?
Customers describe our events as fun...exciting...and profitable! Hundreds of people will be lined up by the time registration begins at 8:30 am. A quick stop at registration to check in and pick up your bidder paddle and it's on to the auction floor for refreshments while a short video explains more about how our auctions work and what to expect. The auctioneers get "fired-up" around 9:30 am and then it's nonstop action--selling a property on average every 2 minutes. Enough time to comfortably place your bid without being rushed. Depending on the number of properties being sold, the auction will last 3 to 4 hours.
Question: Why should I register in advance of the auction?
Registration is required to bid. And, due to the popularity of our events, advance registration is the only way to guarantee you a seat at the auction. We suggest registering at least 5 days prior to the auction to make sure you receive any last minute updates or changes. On-site event registration is available space permitting but not recommended. Don't be disappointed. Register in advance and guarantee yourself a seat at the event
Question: What is the auction process like?
If you've been to any type of auction (art, jewelry, antiques, furniture, autos, etc.,) you'll find the process very similar. Bidding on a property is easy and fun with no obligation unless you are the winning bidder. Our experienced event staff will be happy to get you registered to bid and answer any questions. Additional information on how our auctions work and what to expect is available by watching a short video in the main auction room prior to the event. In addition, we'll auction a sample property before live bidding begins to help you become familiar with the process, sounds and pace of the real bidding to come. No previous experience is required to buy property at an auction event
Question: Is there any limit on the number of properties I can buy?
No, you can buy as many properties as you like. You will need a $5,000 cashiers check for each purchase with the remainder of the 5% deposit on the first property (15% deposit on each additional property) paid by personal check. We have set aside a special area on the auction floor where you can complete the documentation on one purchase and still actively bid on any additional properties that come up for sale
Question: Do you open the properties for preview prior to the auction?
Yes, the open house dates for each property are shown on the property details page, ask your Realtor more details. You will want to visit and inspect the property prior to the auction so you can make an informed buying decision. Also, be sure to review all related property information and disclosure documents found on the website
Question: Am I responsible for paying any outstanding liens on the property?
No, free and clear title is guaranteed by the seller. They will clear any outstanding liens before you take title to the property
Question: Are there any lenders at the event?
Yes, the auction seller will be pleased to recommend several trusted sources of financing and has arranged to have these lenders available on-site at our auctions. Our lending partners offer a spectrum of competitive financing programs and have the proven expertise to get your loan approved and funded even in today's tight credit markets. You are not required to use an auction approved lender. Whether you decide to use on-site auction financing or your own outside lending source, the choice is entirely up to you
Question: Do you really offer a FREE one-year home warranty?
Yes, the auction seller includes a FREE one-year home warranty with every auction property sold. The warranty is underwritten by American Home Shield, America's largest home warranty company. The warranty plan covers heating systems, electrical systems, plumbing, hot water heaters, dishwashers, ceiling fans and more! You must still thoroughly inspect the property before you buy, but you can buy in confidence knowing that you have a home warranty to help with any unforeseen issues covered by your plan for the next 12 months. Certain limitations may apply. Please read contract for specific coverage, exclusions and limitations
Question: Do home auctions have a 3-day cancellation period?
No, once the auctioneer closes the bidding, a legal binding contract is established that can not be cancelled by either the buyer or the seller except for legal cause. There is no free look or cancellation period with home auction property
Question: What do I need to bring to the auction event?
First, be sure to register in advance with your Broker or Agent. To bid, you will need photo identification, a $5,000 cashiers check made payable to yourself and your checkbook to pay the balance of your 5% deposit (15% deposit for additional purchases made the same day.) Also, if you pre-qualified for financing with an approved auction lender, bring copies of the documents requested to jumpstart the loan process and help close your escrow on schedule
Question: Do you charge a 5% commission on every sale?
Yes, the Auction charges a standard 5% commission, known as a Buyers Premium, to help offset the costs to promote the auction and inform you of this tremendous real estate buying opportunity. The 5% premium is added to each winning bid to determine the final purchase price. For example, the buyers premium on a property with a $80,000 winning bid would be $4,000 (5% of the winning bid amount) making the final purchase price $84,000.
BUYERS REPRESENTATION AGREEMENT
MORE INFORMATION ABOUT REAL ESTATE SERVICES
MY REAL ESTATE BLOG BURBANK, SAN FDO VALLEY, ANTELOPE VALLEY
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