by Tom | Apr 14, 2022 | San Diego Real Estate Market
Hooray, after multiple offers we opened escrow with a military family and the house is now sold! Congrats to the new owners who were VA Loan buyers. A lot of investors here in San Diego and house flippers hesitate to accept a VA financed offer. The real estate agent representing this VA Buyer did a good job so we went with them and crossed our fingers.
VA appraisals can be strict sometimes but I wanted to sell to this buyer because we had other military families all living right around the property from what I observed. They offered $802k and I knew it would likely not appraise as the highest comps were around $770,000.
Home values in San Diego have been increasing around $10k a month but this appraiser did not give me a penny over the last sale of $770k. Any time a VA appraisal comes in short it gets sent to an online portal called Tidewater. Here, you have an opportunity to rebut the low appraisal and try and get it bumped up. It all worked out, the buyer chipped in an extra $10,000 out of their pocket and we ate $22,000 so the final sales price was $780,000.
Still an awesome deal and I am happy to make a dream come true for a military family. On to the next house!
by Tom | Mar 13, 2022 | House Design, House Flipping, San Diego Real Estate Market
We just wrapped up a really nice remodel here in San Diego down South near Mexico in Otay Mesa. This is a great entry level neighborhood and a good choice for military or anyone wanting to be close to the border or Imperial Beach without spending a million bucks. We listed at $769,900.
I am so happy with how it came out, we did everything new from the windows to the flooring. It’s a 3 bedroom, 2 bath and the best part besides the awesome military neighbors is the direct access to the 7-acre Montgomery-Waller Community Park and Rec Center in the back yard. I kept the home design and colors very easy and safe.
The exterior stucco color is Sherwin Williams SW 6149 Relaxed Khaki. I love using this neutral color when we have an existing brown roof to work with. The trim outside is SW 7005 Pure White and the front door pop color is my favorite Behr 480F-4 Mermaid Net.
For the interior walls I have been using Sherwin Williams Drift Of Mist SW 9166. This is a great color but it can be tricky and show grey undertones depending on what kind of light you are getting in the rooms. If you have a sunny location it’s almost off-white with a hint of green. This property is a true winner, hurry before it is gone!
Home staging by: Universal Staging Company
Green Button Homes™ is the original “We Buy Houses” company in San Diego. With 17 years experience we are here to help you navigate your off-market and private home sale process. We make it easy to sell your house “as-is” and with no real estate agents. We always buy houses in their current condition and never ask for repairs or credits once we sign a deal. A local escrow company is used to handle to transaction and we cover all the costs. It is even possible to close on the property with a tenant in place and/or buy your home and give you time to move. Please give is a call, text or email and lets work together to find an arrangement that creates a win-win for both parties!
by Tom | Feb 25, 2022 | House Design, House Flipping, San Diego Real Estate Market
Look at this new purchase we just made down near the Mexico/USA border in Otay Mesa! This house was a long term rental with a lot of deferred maintenance although it is on a great street with really good neighbors. I had been in disussions with this homeowner for quite a while and then when COVID hit (they actually got sick) the plans to sell the house were put on hold.
I always personally follow up with the leads we get. When you sell to us you deal with me personally through the whole transaction. Hundreds of San Diego homeowners have sold to me personally over the years. I have more experience navigating through the sale process than most real state agents. We always use a local escrow company that handle the transactions for us. These sellers appreciated my non-pushy nature and we finally struck a deal and closed the sale within 2 weeks with the tenant in place. Selling a house usually requires cleaning and fixing things as well as getting it vacant. In this case I acquired the tenants with the house and worked with them in a legal and ethical manner to relocate. In the case of this property, we paid $40,000 more than a competitor that solicited them! With 15 years of local homebuying experience, we are the most trusted choice for an easy home sale in San Diego with no realtors involved getting commissions.
Stay tuned for the remodel on this one and we appreciate referrals and are always looking to buy more houses in San Diego.
by Tom | Feb 12, 2022 | House Design
No sooner did this hit the market than we got multiple offers and it is now SOLD to the new owner. We got $860,000 which was way more than anticipated in the sellers market we are experiencing in San Diego. This was a massive project that took 2 months to remodel. We hauled off 9 dumpsters of debris from the property during the job. This was one of the best lots at the end of a private culdesac and coming in at nearly 1/3 of an acre.
The house was a 3 bedroom, 2 bath with a huge master suite that included attached indoor laundryroom and a fireplace. This area of Vista in San Diego is a little more commercial than most areas we work in but it was a nice location just a block from a Elementary school. We did everything possible to this house from a new roof down to fixing a crack in the slab foundation.
We opened up this kitchen to make the most of our space. Clean white Shaker cabinets and quartz counterops were used per our normal package. I love the open shelving area next to the fridge and the abundance of white subway tile gives a real timeless look that wont go out of style. Home design trends for 2022 have leaned a little more modern, but I hesitate to follow so as to appeal to most homebuyers. We buy a lot of houses FSBO, For Sale By Owner to remodel and resell.
We bought this property directly from an out-of-state landlord who was tired of the tenants and lack of timely rent payments. We paid cash and took it “as-is” and it took almost a year to get things turned around.
We left the backyard a huge blank canvas for the future homeowner to create the space of their dreams however I did add a gravel driveway guessing that someone would have big trucks who would want to live in this location. You never know who will end up buying the property, my landscaper fell in love with it but the buyer ended up not even having the need for it.
The colors for this project were:
Exterior Siding: James Hardi Evening Blue
*special note. The pics are shot in HDR and do not accurately reflect this true color which is way darker and more of a grey/blue.
Exterior Trim: SW Pure White
Interior Walls: SW Drift of Mist
Interior Trim: SW Snowbound
by Tom | Dec 15, 2021 | San Diego Real Estate Market
We got our hands full with this remodel. I bought this property in Vista, CA directly from an out-of-state landlord, the tenant has been in this house for 15 years and has not paid rent in the last 2 years. We made the seller a good cash offer to buy the house considering the condition and situation, also agreeing to take over the headache with these tenants in default.
The seller was in a time crunch having identified a vacation cabin in Big Bear that they wanted to do a 1031 tax deferred exchange into. We closed in 1 week as-is and then introduced ourselves to these tenants and started the legal process of getting them relocated.
This may look overwhelming but it is essentially just a bunch of trash that needs to be cleaned up. Once we clean everything up we can start with the remodel as usual by getting styarted putting a new roof on. If you have a house that you want to sell in San Diego, we are the most trusted local homebuyer and would love to take a look.
We buy houses “as-is” and take care of all the transaction expenses using a local escrow company. With 17 years in the house flipping business, we have more experience than anyone in town and can assure you a very easy process of selling your unwanted home. Any conditon is o.k. and we love fixer uppers!