Here is a hand chosen list of bank owned foreclosures within San Diego County. Scroll down and select properties by area and zip. We have weeded out the majority of short sales. If you would like to see comps for any of the properties listed or schedule a showing call us at858 6520609 or Contact Us. If you would like to find out more about bank owned properties and what the benefits are we would be happy to explain. First time home buyers and Investors are welcome. We are happy to Help!!………….Enjoy the list opportunity awaits!!!
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If you are interested in finding out details on a listing or would like a FREE consultation from experts Bob Casagrand or Cleve Shirley call 858652 0609 to schedule an exclusive appointment. Due to the complexity of the market we would be happy to inform and educate. Or if you would like detailed information or VIP member access to the SAN DIEGO MLS
Regards,
Bob Casagrand - Cleve Shirley Nuvilla Real Estate
We have taken the time to put together a comprehensive list of vacant rentals ready for lease or lease option. The properties are broken down by region and price. Hopefully this helps! Please for additional rental information. We are very happy to help!!!!
Lovely 2 1/2 bed 2 bath Central Coast California Rental Property on a Golf Course perfect escape from the San Diego Fires.
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For rental assistance call 858 652 0609 — We hope this resource is helpful for all those displaced from the 2007 San Diego wildfires. Please for and needs.
1. Presenting a Fire Claim: If your house was damaged or destroyed by the Southern California Fires and you had a fire or homeowners policy you will be dealing with an insurance adjuster. Dealing with an insurance adjuster in a catastrophe is usually fairly easy because of the number of claims the adjuster is required to deal with in a short time. Insurers are in a very generous mood and seeking good publicity by taking care of victims of the catastrophe quickly and fairly.To make the claims process go easily the insured person must understand that both the insured and the adjuster have duties when damage-caused by fire is discovered. The following list outlines the most important of these duties:
You should be sure there is no unnecessary delay in reporting the fact of the discovery to your insurer as a claim.
You and the adjuster should establish that there is no unnecessary delay in responding to any fire or fire fighting water-related cause of loss where “mold” may result as a natural result of water, warmth, and existence of mold spores in all building.
You may be asked to sign a non-waiver agreement or will receive a reservation of rights letter advising you of your duties under the policy, the conditions that apply or might apply, and the exclusions that may apply to the facts of the loss You, as the insured, should readily, and without objection, sign the non-waiver agreement or accept the reservation of rights as an expression of the status quoThe adjuster should remind you, as part of the reservation of rights letter and explanation of the duties of the insured, to preserve and protect the damaged property and to mitigate the loss with due diligence and dispatch
you are making a claim for damage caused by the fire storms the names of the persons insured;
the date the fire damage was discovereda description of what you observed of the extent of damage and the effective dates of the policy;
the scope does not list the calculated quantities; it includes just the raw counts and measurements needed to calculate quantities for the estimate.
6. Protect All Property from Further DamageEvery policy requires that the insured protect the property from further loss. Therefore, you should turn off any water flow to broken appliances or pipes, arrange to have openings in roofs or walls covered to protect from rain damage, and seek help from the adjuster to further protect your property from losses of all types.Take any necessary emergency measures to protect the building and personal property from any further damage. Do not throw anything away until permission of the insurance company is obtained in writing and you have documented its condition.If the insurer delays or refuses to authorize measures to prevent further loss, confirm the insurer’s delay in a fax, email, and a letter, and take whatever reasonable measures you can afford to protect the property. If your loss is covered, the insurance company should also cover the cost of any reasonable emergency measures you took to protect your property. It is not unusual for an insurer to deny coverage for damage resulting after the initial claim on the grounds that an insured failed to comply with the policy condition to protect the property from further damage.
7. Document the LossIf you were prudent and prepared, before the fire, an inventory of your contents or took pictures of your contents, provide the adjuster with the inventory and photographs or videotape. Photograph, videotape, and inventory all damaged property after the loss. Make sure you record the date of the photos and videotape. It is important to document the source and the extent of damage whether by fire or water intrusion.In most states, a material misrepresentation, concealment, or omission made in connection with the claim will give the insurer a valid reason to reject the entire claim. For example, claiming that an item was destroyed that really wasn’t or substantially overstating the value of a damaged item is fraud.You should never exaggerate, speculate, or guess about the loss or value of any particular piece of property. Make it clear to your insurer when recollection may not be accurate, when you areestimating value and the basis for your estimate. For the value of items you are not sure about on a claim presentation, use the phrase “To Be Determined.” If you do not have receipts to show the price of an item, information can be found in catalogs, statements from retail clerks, bank statements, credit card statements, or statements from family members or friends.If all else fails, a formal appraisal can be obtained from a professional personal property appraiser. Save this as a last resort, since the insurer will usually refuse to reimburse you for the costs of hiring an appraiser, but may hire one at no cost to you if asked courteously.
i. You must cooperate with the Insurance Company’s Investigation and Handling of the Claim: You have a contractual obligation to cooperate with the insurer in its investigation and handling of the claim. However, you never have an obligation to allow yourself to be abused. In most states the insured and the insurance company have a mutualobligation to act in good faith and deal fairly with each other to investigate and process the claim. This means that both should avoid taking any unreasonable position or doing or saying anything that would in any way frustrate each other’s rights under the policy.The insurer may require one or more recorded statements from you. Always request a copy of the tape and a transcript of the statement to review. When the recording is complete, ask the adjuster to break out the tab so that nothing can be recorded over the tape and place your signature and date on the tape label. Ask the adjuster to similarly place his or her signature on the tape. You have a right to review and correct the transcript of any recorded statement.You may also be required to appear for an “Examination Under Oath” (EUO). The insurer may, but is not required to, hire an attorney to take the EUO to represent the insured. Since a lawyer is not required, however, the insurer will not pay for the attorney that is representing you. The EUO is a contractual obligation and there is usually no clause in the insurance policy promising to pay a lawyer to help the insured make a claim against an insurer. You should not appear for a EUO until you understand all rights, the insurance coverage, and the full extent of the claim, or until counsel is retained. Do not refuse to appear at a EUO or the insurer may reject the claim because such refusal is a breach of a material condition of the policy. You may reasonably request a delay in appearance at a EUO to obtain the services of counsel or a public insurance adjuster.
ii. Proof of Loss Requirement Most first party property policies require that you submit a sworn proof of loss form to the insurer within a certain amount of time, either after the loss or after being provided the proof of loss form. In most states you are contractually obligated to submit the sworn proof of loss within the time limit (usually 60 days from the date of loss or 60 days from the date of request), or at least to substantially comply with the requirement, unless the insurer agrees to dispense with the sworn proof of loss or extend the time. You should not submit the sworn proof of loss to the insurer until you understand all of the rights and obligations imposed by the policy, the insurance coverage’s, and the full extent of the claim. It is not unusual for an insurer to consider mistakes in the sworn proof of loss (since they are sworn to under oath) as intentional misrepresentations sufficient to allow it to reject coverage for a claim. A statement made under oath cannot, by definition, contain an innocent misrepresentation. Never sign a sworn proof of loss, even if your lawyer or professional public insurance adjuster prepares it, until you have carefully read every word and are certain that the statements made are true.Some insurers believe that, at some point, you will refuse to comply with their requests. If you refuse to comply with reasonable requests for a recorded statement, an EUO, a sworn proof of loss, or documents reasonably related to the insurer’s investigation, you may give the insurer a valid excuse to deny the claim based on your breach of the duty to cooperate. If you believe that any requests made by the insurer are unreasonable, ask the insurer to explain the reason(s) for the requests in writing. Err on the side of caution and provide all documents that have some reasonable connection to the policy or loss. Before giving an insurer a reason to deny a claim because of your failure to cooperate, consult with a policyholder attorney, a public adjuster, or the state Department of Insurance before refusing a request that may, in retrospect, turn out to have been reasonable.
iii. Get a Second Opinion Many insureds believe that insurers make a practice of making inadequate (sometimes called “lowball”) offers of settlement. They are wary of what they think are estimates from insurance-company-friendly contractors. Whether true or not, it is a good practice to get a second, or even a third, written estimate to repair and replace damaged property from reputable, independent professionals that you would hire to do the repairs if there was no insurance. You are entitled to have the damaged property replaced with “like kind and quality.” This means that you should insist that the amount determined to be the amount of loss is sufficient to replace the property with property of like kind and quality to the damaged property. When you cannot match the remaining undamaged tile, wallpaper, carpeting, or other portions of undamaged property, you are usually entitled to have the entire “line of sight” replaced to match. For example, if a broken water pipe destroys the hardwood floor in a kitchen and does no damage to the contiguous hardwood floor in the adjoining family room, the insurer is required to replace both the damaged and undamaged floors so that they match as long as they are in a continuous line of sight.Some losses are paid on an actual cash value (ACV) basis, which in
California means either the fair market value of the property at the time of loss unless the policy defines ACV differently. Many policies will define ACV as replacement cost less depreciation for age and wear and tear. Some losses are paid out on a replacement cost value (RCV), where the insured is paid the difference between actual cash value and replacement cost value after the insured has actual sums necessary to complete the replacement.
When fire and water-damage reconstruction contractors write estimates for insurance companies they always add at the end of their estimate a sum equal to 10% of the basic contract price for “overhead,” and an additional 10% of the basic contract price for “profit.” This technique is a fiction believed only by contractors and adjusters. Knowledgeable construction people know that no contractor could survive on 10% profit and that contractors build overhead and profit into their basic unit costs (paint, plaster, roofing, etc) and add the “profit and overhead” numbers as a fee for the extra service they provide to insurers. In recent years, some insurers have attempted to withhold 20%, an amount equal to the contractor’s “profit and overhead” numbers to arrive at an ACV amount. There is no basis in the policy that allows withholding profit and overhead as a means of calculating ACV. In fact, ACV is defined either as the difference in the fair market value of the property before the loss and the fair market value of the property after the loss or the full cost of replacement using like kind and quality, less physical depreciation. You should insist that any amounts withheld from payment pending completion of the work, be documented in writing and justified by the adjuster objectively. Policyholder attorneys and some insurance regulators have successfully prevented insurers from withholding these amounts.
iv. Investigate Contractors Thoroughly investigate the qualifications, license, and references of your insurance company’s approved contractor before agreeing to hire them to perform the repairs. The California State Contractors Licensing Board will provide the consumer, by telephone or over the Internet, with the contractor’s license status and history of discipline. At a minimum, the licensing entity and a reference should be checked before a contract is signed. You do not have to use consultants or contractors recommended or approved by the insurer to perform repairs. Approved contractors are typically contractors who have agreed to discount their labor and costs and follow insurer guidelines in exchange for a volume of business from the insurance company. If your insurer promises to guarantee the approved contractor’s work, the guarantee is generally limited to replacing any defective materials or correcting faulty workmanship. The insurer is not insuring against any contractor delays, negligence, or liability. Accordingly, do not use the approved contractor unless it is a contractor that you would independently hire to do the work after a thorough screening.Check that each contractor’s license is valid and for any complaints against the license. Ensure that the contractor is bonded and insured.
v. Seek Proper Legal Advice Never sign a release, waiver, indemnity, or “hold harmless” agreement without proper legal advice. If the insurer, adjuster, consultant, or contractor asks you to sign a release, waiver, indemnity, or hold harmless agreement, ask them to explain why in writing. These kinds of agreements can be used to deprive an insured of rights and benefits and may obligate you to pay thousands of extra dollars for issues that arise. Consult a policyholder attorney to determine your rights before signing any such agreement.Seek professional help, if needed. If you reach an impasse with the insurer, document the dispute fully in writing. Explain your position and why the insurance company’s position is unreasonable. If the dispute does not require legal advice, you may be able to resolve it by calling the California Department of Insurance at 1-800-387-HELP or by hiring a lawyer or public adjuster. If the dispute does require legal advice, contact a lawyer who is experienced and specializes in representing policyholders.There are many consultants who claim to be “insurance claims experts” who do not have adequate training, skill, or experience. Before you retain one investigate the person diligently by contacting licensing bodies and references.
vi. Be Aware of Deadlines Make sure you know all the deadlines that may cut off the right to file a lawsuit. California has a four year statute of limitations for breaches of written contracts but most insurance policies require suit within one or two years of the loss or the denial of a claim. If your claim is denied seek legal advice promptly.In
California the insurance company is required to tell you, in writing, that the claim is denied, and that the limitations clock is running. That is, if you are not pleased with the result, you have a limited time to file suit. Make sure you understand all possible deadlines. Consult with a policyholder attorney as soon as possible. The time limitation can be as short as one year from the date the loss occurred and can be put on hold by actions of the insurer. If you wish to sue, it is best to contact counsel as soon as possible before the expiration of the time limit.
vii Report all Unfair Claims Handling to the Department of Insurance or an Insurance RegulatorThe California Insurance Department tracks policyholder complaints about their insurers and compile the results.
California’s department of Insurance is proactive and will jump in to help you if they believe the insurer is not treating you fairly.
8. Conclusion
Please everyone if people come to you promising to take care of everything and they want you to sign something, do not sign!! If it is not your insurance agency do not sign! If you have any questions please call Chris Magers at 619-FARMERS. His agency will guide you in the right direction; they have dealt with the fires before and know how to handle these sticky situations.
Due to the large amount of vacant inventory we have started contacting developers and investors with empty property to setup lease options for 2007 fire victims. We understand the emotional state of losing a home, however it is extremely important to make the best decisions during these times. We are available to answer questions and help create housing solutions for those who are displaced. Lease options are simple - it is an option to purchase some thing at a later date. You find a home and then usually purchase the option for a price agreed upon by the two parties involved. These types of arrangements work perfect in situations like the San Diego wildfires. Due to the limited time frame to find a home and the sometimes lengthly process of receiving insurance payouts it can be a short term solution. We are also happy to help those that are just in need of a basic rental property until there home is rebuilt.
All of our hearts go out to the families displaced due to the San Diego wildfires. Seeing our friend’s family and clients affected by the destruction is devastating. We want all of the families and individuals know that we would love to help with finding rental homes while you get your feet on the ground. In order for us to help we will need to know where you need a rental. Also requirements, like number of bedrooms and bathrooms ect.. Please do not hesitate to.
The First 24 Hours after a Fire - Securing Yourself and The Site
Contact your local disaster relief service, such as the American Red Cross or the Salvation Army, to help with your immediate needs, such as:
temporary housing
food
medicine
eyeglasses
clothing
other essential items
Contact your insurance agent/company.
Cautions!!!
Do not enter the damaged site. Fires can rekindle from hidden, smoldering remains.
Normally, the fire department will see that utilities (water, electricity and natural gas) are either safe to use or are disconnected before they leave the site. Do not attempt to turn on utilities yourself.
Be watchful for structural damage caused by the fire. Roofs and floors may be damaged and subject to collapse.
Food, beverages and medicine exposed to heat, smoke, soot and water should not be consumed.
Leaving Your Home
Contact your local police departments to let them know the site will be unoccupied.
In some cases it may be necessary to board up openings to discourage trespassers.
Beginning immediately, save receipts for any money you spend. These receipts are important in showing the insurance company what money you have spent related to your fire loss and also for verifying losses claimed on your income tax.
If it is safe to do so, try to locate the following items:
identification, such as driver’s licenses and Social Security cards
insurance information
medication information
eyeglasses,hearing aids or other prosthetic devices
valuables, such as credit cards, bank books, cash and jewelry
There are many people/entities that should be notified of your relocation, including:
your insurance agent/company
your mortgage company (also inform them of the fire)
your family and friends
your employer
your child’s school
your post office
any delivery services
your fire and police departments
our utility companies
Do not throw away any damaged goods until after an inventory is made. All damages are taken into consideration in developing your insurance claim.
If you are considering contracting for inventory or repair services discuss your plans with your insurance agent/company first.
We will be introducing new “online office hours” on Monday the 4th. Nuvilla will have an agent to answer questions online (via IM) or by phone from 8am to 8pm, Monday through Friday.
Look for the IM button in Green (hard to miss) for any questions you may have. We’re happy to help!
The downtown low rise condos across from Horton Plaza are offering new incentives for investors to sell the their remaining units. Units starting at $347,000 and the HOA’s are some of the lowest found downtown. With the new incentives, investors can take advantage of the low prices & HOA’s to go with existing leases and professional property management services already in place
Atria was designed by architect Rob Quigly and offers studios, lofts, 1, 2 & bedroom units. Located on Market in the Marina district, Atria is a short stroll to Seaport Village, Petco Park and the Convention Center.
Please take a moment to appreciate the fine microsoft paint job…
Bosa is building the tallest residential tower in Downtown San Diego. Using the facade from the old SDG&E building and drawing inspiration for the building name, Electra is conveniently located next to the trolley, Santa Fe Train Depot and the San Diego Bay.
This would be ok to wake up to every morning - the Coronado Bridge, San Diego Convention Center, the Marriot and Harbor Club. This photo was taken from The Pinnacle which is across Front Street from Horizon.
