Ladera Ranch Bank Owned Homes Listed for Sale

by vbindi on September 4, 2009

Below is the list of all Bank REO homes and condos currently listed for Sale in Ladera Ranch, Orange County California.   A Bank REO is a property that was was Foreclosed upon by the mortgage Bank, and is now owned by that same Bank.  Bank Owned REO Homes most always present a great buying opportunity since many Banks today are financial difficulties and are required to quickly convert these non-performing assets into cash.  Therefore, the Banks usually price these properties substantially below market in order to sell them very quickly.

In the past 3 years, the local real estate market in southern California has experienced a severe correction-recession, which includes Ladera Ranch.  We are seeing signs that the market is now stabilizing in the lower end of the price scale, and appears to be a good time to buy since prices have pulled back nearly 40% from their peak in the Spring of 2006′.

To see more detail about the Bank Owned properties listed below, simply Click on the Property Address Hyperlink.  If you would like see the inside of any of the homes below, or if you have questions about buying an REO Bank Home, contact one of our REO Specialists at:  Info@BankHomesMLS.com or call us at:  (949) 388-3396

TypeAddressBdrmsBathsSqFtPrice
SFR 4 Drackert Ln  , Ladera Ranch 443,550$830,000
CONDO 27 Tarleton Ln  , Ladera Ranch 341,662$404,000
SFR 19 Maybeck Ln  , Ladera Ranch331,910$487,900
SFR 22 Michael Rd  , Ladera Ranch 563,730$875,000