Foreclosure Homes for Sale in Laguna Niguel

by vbindi on September 9, 2009

Currently there are 16 foreclosed homes and condos listed for sale in Laguna Niguel.  A foreclosed property is one in which the homeowner fell behind on their mortgage payments, and the mortgage bank instituted a Foreclosure proceeding.  After the 3 month Notice of Default process, and the 3 week Trustee Sale process, the property is sold in an Open Auction.  If no one bids at this Auction, then the foreclosing bank winds up owning the home.

Banks are the ultimate motivated buyer.  They have no emotions wrapped up in the home, and are extremely motivated to sell the home very quickly for several reasons. Therefore, most banks price their foreclosed home inventory below market value so they sell quickly.

Below is the list of all foreclosed bank owned homes currently listed for sale.  These homes and condos range in price from $198,000 for a 1 bedroom, 1 bath condo, comprising of 873 square feet. On up to $775,000 for a 5 bedroom, 3 bath, 2,600 square foot detached home.   Click on this Hyper-link to view all foreclosed homes currently listed for sale in Orange County, city by city.

If you would like to view any of the homes listed for sale, of if you have any questions about Laguna Niguel foreclosed homes, feel free to call us at:  949-388-3396 or email us at:  Info@BankHomesMLS.com

Type Address BdBaSqFt Price
CONDO9 Pearl11873$198,900
CONDO24421 Avenida De Los Ninos 6421900$220,000
CONDO7 Avalon Cv221,120$272,500
CONDO21 Flamingo Ct 104321,221$309,900
CONDO17 Glen Cv 2221,100$336,000
CONDO27425 Newporter Way 255331,597$379,900
SFR4 Tobago231,605$413,900
CONDO176 Cameray Hts231,450$414,900
SFR20 Stream St331,900$499,900
SFR30461 Via Alcazar Ave421,960$589,000
SFR24626 Los Serranos Dr532,100$650,000
SFR31662 Isle Royal Dr432,468$651,000
SFR21 Trestles432,719$697,950
SFR24036 Piragua Pl432,500$759,000
SFR30381 Via Alcazar Ave532,600$775,000