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Nestled into a hillside overlooking the San Diego Bay is the community of Bay Ho – a beautiful neighborhood within the community of Clairemont. Situated on a hillside and plateau it is never remiss of gentle ocean breezes and plenty of San Diego sunshine. As a part of Clairemont it is centrally located near the 52, 5 and 805 freeways. Located just east of Pacific Beach and south of University City, Bay Ho is a pleasant neighborhood with a good mix of families and original owners.
The west end of Bay Ho is a neighborhood comprised of approximately 600 homes built theater style into the hillside. Its claim-to-fame is its panoramic views of Mission Bay, Sea World tower and evening lights. On the Fourth of July there’s no need to go any further than your own back patio to get the best seat in town to watch an array of firework displays. Homes located in the theater-style hillside are single story, but many have been renovated for added square footage and amenities.
Further up the hill is the neighborhood known as the Palisades. Comprised of mostly two story homes built in the 1970’s, this is a tight community that prides itself on community involvement and annual block party fun.
The top of the plateau sits a neighborhood of single family homes built mostly in the late 50’s to early 60’s. Many of the outer lying homes have canyon views and good size lots. Home sizes in this area of Bay Ho average 1,000-1,500sqft, although many have see extensive renovations over the years that add square footage through added height or footprint.
Its two mile proximity to the Clairemont Square shopping center makes for quick trips to local dining, movie theater, grocery stores and shopping. Located centrally in the community is Cadman Park, home to the Hilltoppers Little Leage baseball league, dog park and sandy play area. Welcome home to Bay Ho.
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Pacific Shores Real Estate Inc : 12750 High Bluff Dr, Suite 190 - San Diego CA 92130 |
This Clairemont Bay Ho home with two separate units features 6 Bedrooms and 5 Bathrooms with 3400 Square Feet and a lot size of up to 10,889 square feet. The front of this Clairemont Bay Ho home with granny flat that is really a complete second unit, has mature Landscaping and features a 2 car garage. The backyard of this Clairemont Bay Ho home with granny flat features a large poured slab and RV Parking. 4572 Hildago Ave, San Diego, CA 92117 is located in Bay Ho which is in the San Diego Unified School District, the High School is Mission Bay High School and the Elementary School is Alcott Elementary School. To view this home please click the “Find Out More” link or send me a text message to 858-232-4280. To schedule a private showing, or to get more information I am available right now.</p
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Pacific Shores Real Estate Inc : 12750 High Bluff Dr, Suite 190 - San Diego CA 92130 |
This Clairemont Bay Ho home with granny flat features 6 Bedrooms and 5 Bathrooms with 3400 Square Feet and a lot size of up to 10,889 square feet. The front of this Clairemont Bay Ho home with granny flat that is really a complete second unit, has mature Landscaping and features a 2 car garage. The backyard of this Clairemont Bay Ho home with granny flat features a large poured slab and RV Parking. 4572 Hildago Ave, San Diego, CA 92117 is located in Bay Ho which is in the San Diego Unified School District, the High School is Mission Bay High School and the Elementary School is Alcott Elementary School. To view this home please click the “Find Out More” link or send me a text message to 858-232-4280. To schedule a private showing, or to get more information I am available right now.
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Pacific Shores Real Estate Inc : 12750 High Bluff Dr, Suite 190 - San Diego CA 92130 |
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Perhaps the most important fact to understand is that in today's economy short sales are a must to sell properties. Since property values have declined nationwide at such a rapid pace, The National Association of Realtors predicted that in 2009 and 2010 over 50% of all properties sold will be short sales or REO properties. It is unavoidable. If a house is to be sold in today's market, then a short sale will be needed to make that happen. Short sales require hours upon hours of work, and organization is imperative in order to get them done. Also be aware that short sales will typically take approximately 3-4 months to complete depending on which state you are in (see below for typical lender timelines), and that is simply because the majority of lenders are overwhelmed at the moment, some receiving as many as 500 or more short sale packages a day! And in some cases 2 or 3 weeks may go by without any change in the status a file.
Typical Lender Timelines (for each step in the short sale process)
Get authorization on file with lender 2 days
Compile short sale documents 7-14 days
Get short sale package on file with lender 3-7 days
Short sale package assigned to negotiator 10-14 days
Get BPO/Appraisal ordered 14-21 days
Schedule BPO/Appraisal with agent 5-10 days
Time for BPO/Appraisal to get to negotiator 21-28 days
Negotiate/obtain approval from negotiator 15-20 days
Total:77-104 days
Please note that these timelines can vary by lender and that the above timeframes are meant to provide a general timeline, again taking into account that nearly all lenders are overwhelmed with short sales. For short sale questions please feel free to visit our site www.thewatsongrouprealty.com or give us a call for a consultation. 1-800-264-3608 ext: 1001
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