Southern California Condo Auction Saturday, May 17, 2008

On Saturday, May 17, 2008, you have the opportunity to buy at auction a fully furnished, builder warrantied condominium overlooking San Diego Bay, Coronado and the Pacific Ocean.

The forty-nine condominium homes to be auctioned off previously listed for prices ranging from $201,650 to $522,400. At auction, starting bids will range from $59,000 to $149,000.

All condominiums to be auctioned are in Bayview Tower which is at the corner of 8th Street East and National City Boulevard. Bayview Tower is two blocks east of the 8th Street exit and entrance to I-5. Bayview Tower is a ten-minute walk east of the 8th Street stop on the Blue Line of the San Diego Trolley system. Bayview Tower is four miles south of downtown San Diego.

In the summer, ocean breezes will keep you cool in your condo home. In the winter, the Southern California climate will keep you warm.

Whether you are buying your first home in the San Diego area, buying a pied-à-terre to live in San Diego part time, buying an investment property, buying a retirement home or looking for a place for your child to live while he or she attends college in San Diego, the Bayview Tower condo auction gives you the chance to buy a fully furnished home at a great price.

Unlike homes bought in foreclosure auctions, all Bayview Tower condos are builder warrantied. The condos' new flat screen TVs and appliances come with full manufacturers' warranties.

Now is an especially good time to buy a home. For the first time in a long time, both home prices and interest rates are low.

When you buy a home at auction, you set the price that you pay. If you and other auction participants expect listed prices of condominiums to drop even lower in the future than they are today, then those expectations will result in lower bid and sales prices at the auction.

For most buyers, over the life of a typical mortgage, the tax advantages of home ownership will make buying a condo at auction cheaper than paying rent for a comparable property.

If you are looking for an investment property, the low prices likely to prevail at the auction should give you the opportunity to acquire a property on which rents can generate a positive cash flow during your first year of ownership.

If you are environmentally conscious, want to save on gas or do not drive, Bayview Tower's proximity to the San Diego Trolley system gives you an easy alternative to driving some days, most days or always.

Bayview Tower representatives will give you a friendly and leisurely tour of the property.

Bayview Tower's preferred lenders will help you figure out the maximum bid amount that is right for you. If you wish, they will prequalify you for mortgage financing.

Make it happen.

Visit the property. Take the tour. Pick the condos you want to bid on. Decide on your maximum bid amount. Prequalify for financing.

Come to the auction at noon on Saturday, May 17, 2008 at San Diego Marriott Mission Valley.

Bid on the condo of your choice.

Become a San Diego home owner at a great price. Close in thirty days. In June, move into your new, fully furnished home overlooking San Diego Bay, Coronado and the Pacific.

Enjoy the view. Enjoy the ocean breeze.

Southern California Coastal Condo Auction Saturday, May 17, 2008.

Open House Hours

Monday:	12:00 noon	- 6:00 pm
Tues - Sun:	10:00 am	- 6:00 pm

Bayview Tower
801 National City Boulevard
Corner National City Boulevard and East 8th Street

Mapquest map.

Phone (619) 399-3885
Email bayviewrep@coastalcondoauction.com

Almost all units to be auctioned are fully furnished.

Download free brochure of condos to be auctioned

Things to do and see in San Diego