SOURCE: San Diego's Finest Real Estate

January 29, 2008 17:20 ET

San Diego's Finest Real Estate Commences Foreclosure Bus Tours

Local Real Estate Company Offers Tours of Foreclosed Properties Throughout San Diego Starting With Solana Beach, Del Mar and Carmel Valley

SAN DIEGO, CA--(Marketwire - January 29, 2008) - To showcase some of the best deals among hundreds of properties that have been repossessed by lenders in San Diego County, San Diego's Finest Real Estate (SDFRE) is launching the "Great American Dream Home Tour." In February and March, the company will take prospective buyers on a four-hour guided search for bargains within the San Diego residential foreclosure market. The tour's first stop: Solana Beach, Del Mar and Carmel Valley on Saturday, Feb. 9 from 9 a.m. - 1:00 p.m.

"The real estate market in San Diego has made a nice correction and now is a great time to buy a home or condo, especially if you take advantage of bank-owned foreclosures," said Anne-marie Boyer, a SDFRE broker. "Lenders are being aggressive and the banks are actually required by law to get foreclosures off their books, so it's a great time to invest."

Large inventories of these real-estate-owned (REO) properties have made lenders increasingly willing to negotiate. Many of the homes and condos that will be seen on SDFRE's foreclosure tours have been marked down tens of thousands of dollars below the original asking prices.

In addition to touring foreclosed properties, SDFRE will offer helpful tips for people looking for a home in this buyer's market. The information provided will include the process of buying a home and an orientation of the community, as well as loan and re-sale information.

The foreclosure bus tours are free and are offered on the following dates for the below listed San Diego County areas. All tours will take place from 9 a.m. until 1:00 p.m.

Date                 Location               Price                 Bedrooms
Saturday, Feb. 9th   Carmel Valley, Del     $250,000 - $500,000   1-3
                     Mar, Solana Beach
Sunday, Feb. 10th    Carmel Valley, Del     $500,000+             4+
                     Mar, Solana Beach
Saturday, Feb. 23rd  Chula Vista            $200,000 - $500,000   1-3
Sunday, Feb. 24th    Chula Vista            $500,000 - $700,000   4+
Saturday, Mar. 1st   Poway, Scripps Ranch   $600,000 - $800,000   4+
Sunday, Mar. 2nd     Poway, Scripps Ranch   $200,000 - $600,000   3-4
Sunday, Mar. 9th     Del Sur, 4S Ranch,     $500,000 - $900,000   3+
                     Santa Luz

To R.S.V.P. call 858.755.2111 or register online at: www.sdfrealestate.com/foreclosure-signup.html.

About San Diego's Finest Real Estate

San Diego's Finest Real Estate (SDFRE) is a boutique real estate firm owned and operated by Robert and Anne-marie Boyer. By providing comprehensive direction and support, SDFRE provides clients with a package deal that includes strategic direction from buyer specialists, mortgage brokers, investment advisors, and refinancing specialists. The Boyers know that success is often in the details, and perform yearly "check-ups" for clients to ensure their investments are generating maximum profits.

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