HouseRebate.com adds virtual foreclosure tour bus.
San Diego, Calif. (PRWEB) April 23, 2008
-- In a real estate market riddled with foreclosures and Real Estate Owned
(REO), real estate giant HouseRebate.com is again causing a buzz by outpacing
competition in providing the most comprehensive Foreclosure Search Tool to San Diego home buyers. With just
one quick click, San Diego home buyers can get on the virtual Foreclosure tour
bus to view all the REO foreclosures for sale in listed in the San Diego
Multiple Listing Service (MLS) real estate market.
This new Bank Owned foreclosure search tool saves consumers time and money by
allowing them access from any internet connection to view the latest REO
foreclosures. "To view Real Estate Owned properties, most real estate agents are
loading people on a bus to drive around wasting the day looking at properties
that might not even fit their criteria," states Brian Yui, CEO of
HouseRebate.com. "Our San Diego Foreclosure Search Tool allows investors and home buyers to
view properties that match their search criteria from the comfort of their
computer."
In the past, the process of buying foreclosed home in San Diego meant buying
a list of San Diego real estate with the hopes that the property will actually
be auctioned off for sale. Unlike those lists of property in foreclosure, REO
properties offered by HouseRebate.com are have been foreclosed already and are
ready for sale by banking institutions. Real Estate buyers now get to benefit
from the lenders selling their San Diego foreclosed properties at discounts.
With discounts of up to 10% or more off existing sales comparables, the San
Diego REO foreclosures and San Diego banked owned properties are priced
competitively to allow the lenders to remove these properties off the books in
30 days or less. "The silver lining for San Diego home buyers is finally here in
savings and availability," states Brian Yui. "The new San Diego Foreclosure Search Tool
of bank owned properties, only available through HouseRebate.com, gives home
buyers the ability to shop for San Diego real estate properties on their terms
and save thousands of dollars on available properties."
In a foreclosure market, many lenders require all contingencies, including
loans, be removed within 10 days. Through HouseRebate.com's strong alliance with
Aimloan.com, San Diego home
buyers can take advantage of these REO foreclosures quicker than other buyers as
Aimloan.com provides full loan approval within 10 days. Having full loan
approval in 10 days gives borrowers a competitive advantage over other potential
buyers.
"Borrowers can get loan approval instantly online subject to title and
appraisal," states Vince Kasperick, CEO of Aimloan.com. "Aimloan.com can
complete the title and appraisal within 10 days so San Diego real estate buyers
can have full loan approval faster than the usually 17 to 30 days approval."
About HouseRebate.com
HouseRebate.com is a full service value real estate company.
HouseRebate.com maintains a seasoned staff of agents who provide all the
services that traditional real estate offices offer at discount pricing,
offering reduced commissions on sales and rebates 33% of its commissions on
purchases. HouseRebate.com is a member
of the National Association of Realtors®.
About AimLoan.com
AimLoan.com is a San Diego-based direct lender,
licensed in 43 states, as well as by Fannie Mae, Freddie Mac and HUD. Since
1998, AimLoan.com has funded over $3 Billion in mortgages to over 15,000
customers throughout the country. AimLoan.com's website allows customers to view
rates and obtain a Good Faith Estimate online, 24/7. Customers may apply online,
obtain an online approval and lock their rate online, the entire process taking
about 20 minutes.
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