Hot on the market!!!  There is a new foreclosure listing at Park Terrace, #423 for $274,900.  This is the best deal in all of downtown San Diego.

New Foreclosure Listing Downtown San Diego @ Park Terrace!

This condo for sale at Park Terrace boasts 1 bedroom + den, 1 bathroom, 1,065 square feet, full size stacked washer/dryer, floor to ceiling windows, high ceilings, great closet space, spacious living area, 1 underground parking space, an open kitchen with dark cabinetry, granite counters, stainless appliances, ample counter space, and so much more.  One of my favorite things about this condo is the large balcony.  This West facing condo has a balcony that runs the length of the condo with views to Petco Park, Coronado, and the city!  You can practically reach out and touch Petco Park from your private terrace.

Condo For Sale @ Park Terrace, #423 for $274,900

********This condo was purchased in 2007 for $460,800.

Park Terrace offers a state of the art fitness center, on-site management 5 days a week, security, community room with a large flat screen, surround sound and a pool table, and a private deck with tables and chairs and BBQ’s for all of the residents.  HOA dues range from $450- $560/month.

Completed in 2007, Park Terrace has 2 residential towers containing a total of 223 condos.  This development is perfectly located right next to Petco Park in the Ballpark District.  Residents enjoy the proximity to the Gaslamp District, Trolley, and new Library site.  Park Terrace is also just a few blocks away from the Thomas Jefferson School of Law making this a great investment property for rentals.

This condo for sale at Park Terrace will not last so please contact the Downtown Condo Showroom today to schedule a viewing.

Are you looking to live in the sought after ballpark district located downtown San Diego?  There is a new listing in the exclusive Icon development located just steps away from Petco Park, condo #502 listed at $475,000.  This SW corner unit boasts 2 bedrooms, 2 baths, 1077 square feet, exposed concrete, rich wood flooring, upgraded carpet in both bedrooms, walk-in closet in the master suite, granite counters, stainless kitchen appliances, white Euro cabnitry, floor to ceiling windows, 2 parking spaces, and a storage unit.  This 5th floor Icon condo for sale offers stunning city views and peak views to Petco Park.  This is the lowest priced 2 bedroom condo for sale at Icon!

Urban Condo For Sale In The Exclusive Ballpark District @ Icon

Icon is known for it’s rooftop skybox which offers BBQ’s, a large flat screen TV, restrooms, and stadium seating looking directly into Petco Park.  Icon residents enjoy a state of the art fitness center, 5th Inning Lounge, Theater, and the famous skybox.  Did I mention that you get to truly enjoy season tickets from your own home?!  HOA dues are only $513/month.

Icon is conveniently located in the heart of the trendy ballpark district just steps away from numerous restaurants, wine bars, botiques, Horton Plaza, Thomas Jefferson School of Law, the new Library site, Petco Park, and SO much more.  This is an ideal location for someone who is looking to enjoy the city life!

For more information on this condo for sale at Icon, please contact the Downtown Condo Showroom.  We look forward to he

There is a new condo for sale downtown San Diego at Aperture, Unit 501 for $499,000.  This spacious SE corner unit boasts 2 bedrooms, 2 baths, 1228 sq. ft., 10 ft. ceilings, exposed concrete and ducting, hardwood flooring, granite counters, European glass and marble cabinetry, upgraded energy efficient stainless appliances, large walk-in closets,  2 parking spaces, storage unit, a large wrap around terrace, and a private balcony off of the master suite.  This chic urban condo has it all!  Did I mention the low HOA dues?  The monthly HOA dues for this downtown San Diego condo are only $417.

New Condo For Sale @ Aperture

Completed in 2007 by City Mark, Aperture stands 11 stories high containing 85 individual condos.  This urban development is made up of solid concrete and steel giving each resident peace and quite while in their home.  Aperture is located in Little Italy just a few blocks away from the main strip, India St.  Many people love Little Italy for all of the wonderful wine bars, Italian restaurants, and boutiques.  Although I do love to indulge in all of the amazing food I also really enjoy the proximity to the waterfront.  You are just a few steps away from the harbor and Seaport Village.

This stunning 5th floor condo is one of my favorite listings on the market.  I was extremely impressed with all of the outdoor space and the great city views.  The large floor to ceiling windows offer a ton of natural light and the rich wood flooring give this downtown condo a beautiful contemporary feel!

Contact the Downtown Condo Showroom to set up a viewing.

This is a rare find! A new 2 bedroom, 2 bath condo for sale at Trellis just hit the market, #305 for $325,000. This downtown San Diego condo boasts 939 sq. ft., granite counters, stainless steel appliances, 2 parking spaces, a balcony, and much more! It’s not very often that you find a 2 bedroom condo in the historic Gaslamp district for under $350k. This downtown property has already had numerous showings. If this condo strikes your interest you’re going to have to move quickly.

New Downtown San Diego Condo For Sale @ Trellis

Completed in 2005, Trellis consists of 2 towers containing 149 units.  This developement offers a fitness center and an outdoor common BBQ area.  HOA dues range from $400-$520/month.  Trellis is located at 530 K St. between 5th and 6th Ave right across the street from the Hard Rock Hotel, a few steps away from Petco Park, and in the heart of all of the amazing restaurants, bars, and shops that the Gaslamp has to offer.  This is an ideal location for someone who is looking to park their car at home and walk to the dry cleaners, grocery store, spa, and all entertainment!  Did I mention that Trellis sits on top of Donovans Steak House.

For more information on this listing or to schedule a showing, please contact the Downtown Condo Showroom.  We look forward to speaking with you!

Don’t forget to visit our website at www.Downtowncondoshowroom.com for the lastest foreclosure/short sale listings and downtown news.

There’s a new foreclosure listing downtown San Diego at Palermo, #224 for $245,250.  This 1 bedroom, 1 bath condo for sale boasts 781 sq. ft., granite counters, recessed lighting, stacked washer/dryer, elevated ceilings, tiled flooring in the bathroom, spacious living area, and 1 underground parking space.  This is the perfect investment for the first time home buyer or investor!  HOA dues are only $265/month.

Featured Foreclosure Downtown San Diego @ Palermo

Palermo is located at 1501 Front Street, just steps away from the main strip of Little Italy.  This is one of the few developments that offers wonderful amenities with low HOA dues.  Palermo residents enjoy a pool, spa,  fitness center, and a nice community room.  Another bonus ****Palermo is FHA approved.

I’ve included an article from fhahomeloanrefinancing.com.
Please read below to see all of the benefits of FHA financing.  For more information on this condo for sale at Palermo, please contact the Downtown Condo Showroom!

FHA Loan Programs
Don’t be surprised at what kind of loan you qualify for, Government home financing has become very popular as the FHA loan programs have expanded for first time home buying and refinancing opportunities.  Over the last three decades, no finance vehicle has help more first time homebuyers than the FHA loan programs. FHA mortgage programs continue  to evolve with cash out refinancing, home rehabilitation and energy efficient  initiatives.  Our FHA Loan Company assists consumers with government loan  programs for refinance and purchase. Homebuyers need to come up with 3% to  finance the specified home. Borrowers can take out FHA loans up to  $729,750 if you are buying in one of the more expensive neighborhoods.  Over the last few years, HUD has implemented significant changes to the FHA  loan programs. Just a few years ago, the maximum loan amount for FHA insured  amount was only at $362,790.  Congress finally passed the bill approving 2011 FHA Loan Limits. FHA Loan for First Time Home Buyers Buy  a home with only a 3.5% down-payment. 203b Cash Out Refinance Get money financed into a refinance loan to 85% FHA Streamline Refinance No income documentation and no appraisal 203k for Home Rehabilitation Finance home remodeling and energy efficiencies. FHA Loan Modification Renegotiate your rate if you do not qualify for a FHA refinance. FHA Loan Refinance Choose between a rate and term and cash refinancing options Some recent changes to the FHA loan program to note:  FHA home purchase loans require a  3.5% down-payment. Last year the maximum loan to value was 97% and now it is 96.5%.  The FHA streamline refinance program now prohibits borrowers from financing the lender closing costs.  FHA streamline borrowers will now have to pay for their closing costs out of their pocket.  In other FHA news, the House Approves Bill to Raise FHA Insurance Premiums. This measure would gradually raise the insurance premium from 0.5% to 0.85% and then to 0.9%.