Hillcrest Bank Owned Condos

Hillcrest Bank Owned Condos.

Let me start out by telling you there are a number of Hillcrest Bank Owned Condos on the market right now. Currently we have an awesome supply of inventory and there is more on the way. According to tax records condos owned by banks right now in the 92103 zip code stand at 84. There are anoter 71 that are either in the pre-foreclosure or auction stages.

What does that mean for you? Well, it means that you'll be able to buy a very nice Hillcrest Bank Owned Condo at a very reasonable price. In some cases, these condos sold for well over a million dollars at the height of the market--they're just about half that price.

Here's the deal, interest rates are low, prices are low and well priced inventory is moving. I hear from people all the time that they're waiting for prices to fall. I get that, however, unless you have a crystal ball there's no way to actually predict what's going to happen.

Let's say prices go down and itnerest rates go up, you're actually buying yourself out of the market. What do I mean by that...well, if your interst rate goes up, your purchase power goes down. That means you may not be able to buy as nice of a Hillcrest Bank Owned Condo that you would like.

I'm happy to go check out some properties with you... just get at me.