El Cajon, CA

East County San Diego Real Estate

San Diego, CA -- If you've been thinking of buying a home, this is going to be the most exciting news you hear this year!

We are trying to make sure that everyone who wants the money and needs the money, gets this message.

Right now, you can get up to $8000 in FREE money from the federal government to buy a home in 2009.

The money is part of President Obama's economic stimulus package to help more Americans become homeowners. The money is a FREE gift, and never has to be paid back - as long as you live in your new home for three years.

You don't have to jump through any hoops to get the money either. All you have to do is buy a home before November 30^th, 2009 and the money is yours.

Most people in San Diego qualify for the full $8000 - meaning you must make less than $75,000 as an individual, or less than $150,000 as a couple. Even if you make a little more than that, you can still get some of the money.

Anyone who has not owned a home in the last 3 years is considered a "first-time" homebuyer.

Right now, it's a good time to be living in San Diego, because there are special government backed Low-Interest Mortgages available for many of the homes here.

This mortgage program is part of the government's Federal Housing Administration, and interest rates are at their lowest levels in decades.

The VERY BEST situation you could take advantage of right now is to find a "Bank-Owned" foreclosure - a home that the bank has taken over and needs to get rid of. They price these homes unbelievably low to get rid of them in less than 30 days.

There Are SEVERAL
Bank-Owned Foreclosures
Available Right Now

As I write this, there are 223 of these Bank-Owned homes in San Diego priced UNDER $200,000.

For example, there's a 2 Bedroom house in North Park with 795 square feet of heated space. The house sold in 2006 for $290,000 - it's for sale right now for $129,900. It qualifies for a low-interest mortgage.

There's a 3 bedroom, 3 bath Bank-Owned home for sale in South Park that's on the market right now for $502,900. It sold in 2005 for $610,000.

There are 72 bank-owned homes under $100,000. These homes are all bank owned foreclosures and must be sold.

The way the banks work when they foreclose on a home is they first make sure the house is vacant. They do whatever clean up and repairs are necessary to get the house ready for the market.

Bank-Owned Homes
Sell Very Quickly

The banks don't care about getting the MOST money for the house... they care about getting RID of it. Most of the time, they'll even pay all of the closing costs.

With a bank-owned home, that means you

FREE Bank Owned Homes List and Map - www.BankOwnedElCajon.com

could buy it at a nice discount, have the bank pay your closing costs, AND get a check for up to $8000 you can use for anything you like.

You can use the money for decorating your new house, furniture, a new fridge or appliances - even a big screen TV or hot tub. It's your money and you can use it however you want.

The amount of money you get depends on the price of the home you buy. You get 10% of the value of the home up to $8000. So if you buy a $70,000 home - you would get $7000. Anything over $80,000 qualifies for the full $8000.

Even some manufactured homes qualify for these low-interest mortgages, as long as they are stationary and on "owned" property.

Most of these homes will have monthly payments similar or less than what you're paying in rent right now.

Today, I just ran off a list of ALL the bank-owned homes in San Diego, and I researched which of those homes are also eligible for a low-interest mortgage.

If you want to stop by and pick up the list from our office today... you can call me at
888-877-8022 ext. 500 and I'll have it ready for you. Just ask for Jason Kardos, Broker.

San Diego County Property Management

743 El Cajon Blvd. El Cajon, CA 92020

(619) 303-2826

Get a FREE Bank Owned Homes List and Map - 888-877-8022 x500 or www.BankOwnedElCajon.com