This Bank Owned REO property was just listed for sale for $276,000 and is a 1 bedroom, 1 bath with a 1 car detached garage. It is located in the very desirable Tijeras Creek Villas which is adjacent to the Golf Course. It have a spacious living room with a fireplace and includes a stackable washer and dryer. Kitchen appliances are newer and the counter tops ore tiled, but needs some painting. Located close to the intersection Antonio and Banderas.
The association dues are about $170 per month and the city of Rancho Santa margarita has a small due of about $46 per month. The Mello-Roos is low for the area and the association includes a swimming pool. You will also have access to the Rancho Santa Margarita Lake.
This bank repossesed home was listed for sale on Feb 26, 2007. This condominium would qualify for the CalCHFA loan program for First time home buyers. This little known government subsidized loan program, allows one to purchase a home with Zero Down with today’s 5.65% fixed interest rate amortized over 30 years with no negative amortization. Click on the following link to view all Condos for sale in Ranch Santa Margarita. If you would like a complete list of foreclosed homes for sale in Orange County, visit www.OCBaargainHomes.com
