Escondido Foreclosed Homes and Houses for Sale

Umpteen Choices in Picturesque Dale

The Escondido real estate market presently has 2,649 foreclosed homes and houses for sale at its property auctions in the imminent future. These homes bear the median asking price of $325,000. There are also 1,041 other FSBO homes available for purchase in the Escondido real estate listings auctions, carrying the median quoted price of $329,000. Banks have been responsible for foreclosing most of the seized houses in Escondido, while the Sheriff, HUD, VA, Fannie Mae and Freddie Mac have variously foreclosed the rest of the seized homes.

Escondido foreclosure auctions include a delightful variety of home options to suit every likely requirement or taste of the aspiring homebuyers. You will find it taxing trying to pin your choice down to the few houses that you should bid for. There are magnificent condos, compact apartments, elegant duplexes, stately single-family homes, majestic multifamily residences, modern commercial establishments, sprawling farmlands as well as vacant lands of varying sizes.

Escondido is a city situated in the northern part of San Diego County, in the US state of California, slightly to the north of the San Diego city. Counties that are located adjacent to San Diego County include Riverside County, Imperial County and Orange County. The name “Escondido” means “hidden” or “shielded” in the Spanish language, and refers to the city being located in a low valley hemmed in by rocky hillocks. Escondido has an equable climate. Escondido is a part of the San Diego-Tijuana MSA {metropolitan statistical area}.

The sundry cities and towns that lie near Escondido include Vista, Carlsbad, Solana Beach, Chula Vista, Santee, Coronado, Poway, Del Mar, Oceanside, El Cajon, National City, Encinitas, La Mesa, Imperial Beach and Lemon Grove. The umpteen unincorporated communities in the vicinity of Escondido include Bonita, Alpine, Crest, Boulevard, De Luz, Canebrake, Granite Hills, Eucalyptus Hills, Julian, Hidden Meadows, Pine Valley, Lincoln Acres, Rainbow, Mount Laguna, Shelter Valley, San Diego Country Estates, Winter Gardens, Valley Center and Warner Springs.

Check List for Choosing Homes

While selecting homes as likely buys from the Escondido property auctions, you would be well advised to keep the following essential determinants in mind. Look for a colony that is posh, clean, pollution-free and with a low crime rate. Check for the availability of markets, educational institutions, medical facilities, outdoor parks, sports avenues and so on in the proximity of your home option. Finally, you must make a site visit and inspect the physical condition of the property. This is vital because the foreclosed homes are generally sold on as “as-is” basis.

The Escondido real estate market has hundreds of property brokers who guide buyers in their investment decisions, and pocket a cool reward from the sellers on the sales they facilitate. Connie Sontag, Edward Pashley, Jim Meek and Jay Anthony rank among the prominent real estate agents in Escondido. They are as well versed with the local terrain as they are with the important macro trends that are certain to impact your housing decisions.

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