Released on: April 27, 2008, 7:08 pm

Press Release Author: Diana Bourgeois

Industry: Real Estate

Press Release Summary: HouseRebate.com adds revolutionary San Diego foreclosure
search tool

Press Release Body: San Diego, Calif.--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.


Web Site: http://www.sandiego.houserebate.com

Contact Details: Diana Bourgeois
PR Manager
San Diego House Rebate
4445 Eastgate Mall, Suite 200 - San Diego, CA 92121
www.sandiego.houserebate.com
PH: 858-812-7875
diana@houserebate.com