by
Vincent Bindi
on September 21, 2008 03:14PM (PDT)
Currently there are 94 detached home currently list for sale. Of these, 35 are pre-foreclosure Short Sales and 1 is a bank owned REO. That is a total of 38% of the total inventory is a property in financial distress. The Median price for the Short Sale and Bank Owned REO listings is $559,000. The Median price for the none Short Sale/Bank Owned REO detached home listings is $745,900.
In the past 90 days, there were 55 detached homes that sold and closed that were not Short Sale/Bank Owned, and the Median price of these 55 homes was $565,000. In this same period of time, there were 32 detached homes that sold and closed, which represents 37% of the total sold. The Median price of these 32 detached homes was $529,400.
Today, there are 134 Condos listed for sale in Aliso Viejo, CA. Of these, 67 of the active listings are Short Sales (50%), and 12 are Bank Owned REO condos (9%). The Median priced Condo for the 79 Short Sales/Bank Owned condos is $309,400, and the median price for the none short Sales/Bank Owned condos is $394,900.
In the past 90 days, there were a total of 70 Condos that sold and closed escrow that were not Short Sales/Bank REO's. The median price of these 70 condos was $375,000. In addition, there we 75 condos that sold and closed in Aliso Viejo that were Short Sales or Bank Owned REO's. The median price for these 75 condos was $295,000. Of these 75 sold condos, 38 were Short Sales and 37 were Bank Owned REO's.
If you would like more information on homes or condos for sale in Aliso Viejo, feel free to visit our website at: Search OC Homes for Sale. If you would like an email list of all Short Sales or Bank Owned REO homes for sale, visit: www.OCBargainHomes.com
Currently, there are 293 homes and condos Active for Sale in Aliso Viejo, CA. 170 of which are Attached Condos and the other 123 are Detached Single Family Homes. Of these 293 properties, 116 of these are Short Sale homes or condos listed for sale, which represents 39% of the Inventory. In addition, there are 16 homes and condos listed for sale which are Bank owned REO properties in Aliso Viejo, which represents 5.5% of total inventory.
Today, there are 110 properties in Pending in Escrow in Aliso Viejo, CA. Of these properties, 37 are Short Sale listings under contract which represents 33% of the properties in Escrow. 15 of these escrows are Bank Owned Foreclosures which represent 13.6% of the properties currently in escrow in Aliso Viejo.
For the month of April, there were 56 properties that sold and closed escrow in Aliso Viejo, CA. 7 of these closed properties were Short Sales which represent 12% of all closings for last month. 14 of the homes and condos that sold and closed in April where Bank Owned foreclosure homes, which represent 25% of all closings for last month.
If you are interested in receiving a VIP list of all Bank Owned Foreclosures, and Short Sale properties listed for sale, please visit our website at: OCBargainHomes.com. If you have any questions about Bank Owned REO or short Sale Properties, please feel free to call us at: 949-388-3396.
Price (subject to change): $749K-$835K Type: Detached Home Bedrooms: 5 Baths: 3 Living Area (SqFt): 2,600 No. of Garages: 1 Stories: 2 Year Built: 1996 Lot Size (SqFt): 4,500 City: Aliso Viejo
Tract: Vista De Oro Street: Vista Del Valle School District: Capistrano Unified
Property Description: BEAUTIFUL COURTYARD HOME IN GATED COMMUNITY. 5 BEDROOM PLUS LARGE BONUS ROOM.
ADDITIONAL TWO ROOMS ARE PERMITTED. CUSTOM PAINT AND WROUGHT-IRON ROOM DIVIDER!
COMPLETELY UPGRADED. CROWN MOLDING THROUGHOUT. PANORAMIC HILLS, MOUNTAIN AND
CITY LIGHTS VIEWS. IMMACULATE HOME. VERY LIGHT AND BRIGHT
Financing: Conventional
financing with 10% or 20% down is available. Fixed Interest rates have
recently dropped to the mid 6% range. Seller needs to sell
this Short Sale property quickly and is priced accordingly.
Contact: To view this Short Sale home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679.
We're easy to talk too. Let us negotiate a great price for you on this Short Sale property for sale
in Orange County. Join our FREE and No Obligation Bank Foreclosure and
Short Sale home finder service at: www.OCBargainHomes.com
Price (subject to change): $390,000 - $430,000 Type: Attached Condo Bedrooms: 2 Baths: 2.5 Living Area (SqFt): 1,436 No. of Garages: 1 Stories: 1 Year Built: 1994 Lot Size (SqFt): Condo City: Aliso Viejo Tract: Windwards Street: Tortuga Cay School District: Capistrano Unified
Property Description: THIS BEAUTIFUL AND SPACIOUS 2BEDROOM, 2.5BATH CONDO BOASTS OF HIGH CEILINGS AND A FORMAL DINING
ROOM IS A MUST SEE! GREAT NEIGHBORHOOD AND LOCATION WITH NO HOME BEHIND IT. MANY
UPGRADES THROUGHOUT THIS LOVELY DESIGNER HOME. CUSTOM PAINT, STAINLESS STEEL
APPLIANCES, TRAVERTINE FIRE PLACE AND IN MASTER BATHROOM FLOOR. DESIGNER SOLID
HARDWOOD THROUGHOUT THE FIRST FLOOR, WOOD BLINDS, DESIGNER CARPET. BEAUTIFUL
PATIO IS VERY TASTEFULLY DONE WITH EXOTIC PALMS AND PLANTS.
Financing: Conventional
financing with 10% or 20% down is available. Interest rates have
recently dropped. Seller needs to sell
this pre-foreclosure Short Sale property quickly and is priced as such..
Contact: To view this Short Sale home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679.
We're easy to talk too. Let us negotiate a great price for you on this Short Sale property for sale
in Orange County. Join our FREE and No Obligation Bank Foreclosure and
Short Sale home finder service at: www.OCBargainHomes.com
Price (subject to change): $489,900 Type: Attached Condo Bedrooms: 3 Baths: 3 Living Area (SqFt): 1,640 No. of Garages: 2 Stories: 2 Year Built: 1989 Lot Size (SqFt): 3,695 City: Aliso Viejo Tract:
California Renaissance Street: Giotto School District: Capistrano Unified
Property Description: Beautiful 3 bedroom 3 bath two story condo. 1 bedroom, 1 bath
downstairs. Gourmet kitchen with tile flooring and newer cabinets.
Large living/dining room with cathedral ceilings and custom fireplace.
Wood flooring. Private patio great for entertaining. Master bedroom has
cathedral ceilings and balcony.
Financing: Conventional
financing with 10% or 20% down is available. Interest rates have
recently dropped to 6.6% with No Points for Jumbo loans greater then
$417,000. Seller needs to sell
this Short Sale property quickly and is priced as such..
Contact: To view this bank owned REO home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679.
We're easy to talk too. Let us negotiate a great price for you on this bank owned property for sale
in Orange County. Join our FREE and No Obligation Bank Foreclosure and
Short Sale home finder service at: www.OCBargainHomes.com
Price (Price negotiable): $634,900 Type: Detached sfr Bedrooms: 3 Baths: 2.5 Living Area (SqFt): 1,754 No. of Garages: 2 Stories: 2 Year Built: 1990 Lot Size (SqFt): 3,212 City: Aliso Viejo Tract: Seacoast Terraces - Audubon Street: Prairie Falcon School District: Capistrano Unified
Property Description: VIEW! VIEW! AMMAZING VIEWS OF CANYON FROM ALMOST EVERY ROOM!! CUL-DE-SAC STREET. GOURMET KITCHEN WITH EXCELLENT VIEW. A MUST SEE!! WALK IN CLOSETS, VAULTED CEILINGS, LIGHT AND BRIGHT, FIREPLACE, WINDOW COVERINGS, UPGRADED SECURITY SYSTEM, CUSTOM BASEBOARDS, UPGRADED LIGHT FIXTURES, LARGE LOFT CAN BE OFFICE OR ADDITIONAL BEDROOM. HARDWOOD FLOORS AND CARPET.
Financing: Conventional financing with 10% or 20% down is available. Interest rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000. Seller needs to sell this Short Sale property quickly and is priced as such..
Contact: To view this Short Sale home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679. We're easy to talk too. Let us negotiate a great price for you on this Short Sale property for sale in Orange County. Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at: www.OCBargainHomes.com
Price (subject to change): $350,000 Type: Attached Condo Bedrooms: 2 Baths: 2.5 Living Area (SqFt): 1,125 No. of Garages: 1 Stories: 1 Year Built: 1992 Lot Size (SqFt): 8857 City: Aliso Viejo Tract: Seacrest Villas - Audubon Street: Verdin Ln. School District: Capistrano Unified
Property Description: DUAL MASTER SUITE WITH UPGRADES THROUGHOUT. CUSTOM PAINT COLORS, PLANTATION SHUTTERS, UPGRADED BASEBOARDS, AND CROWN MOLDING. PRIVATE GREENBELT LOCATION. NEAR SHOPPING AND NEXT TO ALISO VIEJO GOLF COURSE.
Financing: Conventional financing with 10% or 20% down is available. Interest rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000. Seller needs to sell this Short Sale property quickly and is priced as such..
Contact: To view this Short Sale home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679. We're easy to talk too. Let us negotiate a great price for you on this Short Sale property for sale in Orange County. Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at: www.OCBargainHomes.com
Price (subject to change): $449,900 Type: Detached SFR Bedrooms: 3 Baths: 2 Living Area (SqFt): 1,300 No. of Garages: 2 Stories: 2 Year Built: 1996 Lot Size (SqFt): smaller City: Aliso Viejo Tract: Hamptons Street: Soho Court School District: Capistrano Unified
Property Description: Beat the Bank on this low Priced Short Sale detached home in the heart of Aliso Viejo. One of the Best locations in the Hamptons. Nice sized private yard that does not back to another home. Large deck off of the loft - bedroom. Quality laminated flooring, recessed lights, lots of tile, master suite with walk-in closet. This Short Sale home must sell soon.
Financing: Two sources of Government Subsidized loans are available to purchase this low priced home with Zero Down payment. These little known loan programs offer below market Fixed interest rates. This Short Sale is subject to mortgage bank approval.
Contact: To view this Bank Foreclosed home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679. We're easy to talk too. Let us negotiate a great price for you on this Short Sale property for sale in Orange County. Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at: www.OCBargainHomes.com
Price (subject to change): $375,000 Bedrooms: 2 Baths: 2 Living Area (SqFt): 1,221 No. of Garages: 1 Stories: 2 Year Built: 1987 Lot Size (SqFt): - condo - City: Aliso Viejo Area: Central Aliso Viejo Tract: Glenwood Village Street: Baywood street School District: Capistrano Unified
Property Description: This is a Bank Owned Repo that was foreclosed on by US Bank back on July of 2007'. Great starter upper unit condo. 1 bedroom and loft/bedroom, 2 baths. View of the park, city lights. Walking distance to school, park, shops, golf course, community pool, spa, tennis courts. Entertainment plaza is close by. Great schools and quiet neighborhood. The bank wants this home sold now, and it is being sold in it's As-Is condition.
Financing: Two sources of Government Subsidized loans are available to purchase this low priced home with Zero Down payment. One of these 100% Financed loans offers 6.5% Fixed interest rate, and one needs to be a first time home buyer. The other Zero Down loan offers 6.9% Fixed interest rate over 30 years, and does not charge PMI, and one need not be a first time home buyer. Seller needs to sell now.
Contact: To view this Bank Foreclosed home, feel free to Call Us at: 949-388-3396, or emailus at: Info@SearchOCHomes.com , or Text Message at: 949-283-4679. We're easy to talk too. Let us negotiate a great price for you on this REO bank owned foreclosure property for sale in Orange County. Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at: www.OCBargainHomes.com
This is currently the lowest priced Bank Owned Foreclosure detached home on the market for sale in Aliso Viejo. The price was just reduced on October 6th to $485,000. It's a 2 bedroom, 2.5 bath, 1,200 square foot home with a 2 car garage and a full length driveway.
The previous owner installed some nice upgrades such as tile flooring, custom window coverings, and very nice landscaping. It's in pretty clean and basically move-in condition. The association dues are about $98 per month and $25 per month for the city of Aliso Viejo.
This Bank Owned Foreclosure is located on Andaluz street in the desirable San Simeon tract of Aliso Viejo. The Bank is currently offering to pay for $5,000 of the Buyers closing costs. This home could be purchased using several Zero Down loan programs that are government subsidized which are CalHFA loans, Acorn loans, CalVet and VA loans. These loan programs offer below market fixed interest rates ranging from 5.5% to 6.9%, fully amortized over 30 years, with no negative amortization and no pre-payment penalty. At 5.5% the Principal and Interest payment would be $2,754 per month, and at the 6.9% fixed interest, P&I payment would be $3,194 per month. With the combination of the Zero Down loan and the $5,000 seller credit, one could possibly buy this home with only a few Thousand dollars out of pocket...
There are some exciting opportunities in the market today. If you would like to see the inside of the home for sale, then give us a call... If you want to work with a professional who will go to bat for you in tough negotiations to get the lowest possible price, then give us a call... If you want more information on these little known Zero Down, below market, government subsidized loan programs, give us a call at: 949-388-3396 or email us at: Info@SearchOCHomes.com
This 3 bedroom, 2.5 bath detached home with 1,698 square feet of living area and a 2 car attached garage. This home is located in the Cape Series in Aliso Viejo close the intersection of Oak Grove and Wood Canyon. This Cape Code styled home was foreclosed upon and is now bank owned. It was listed for sale for $559,900.
This home needs some fix-up and the bank is in the process of doing some repairs and cleaning. This REO home will be sold in it's 'As Is' condition. The association dues are about $87 and the Mello-Roos tax rate is average for the area.
Currently, this is the only home for sale in the Cape Series tract of Aliso Viejo and there have only been 3 sales in the past 6 months which attest to this communities desirability. These three homes that were sold were:
3 bedroom, 2.5 bath, 1,520 SqFt on Spring Harbor --- $594,900.
3 bedroom, 2.5 bath, 1,900 SqFt on Water Mill --- $720,000.
If you would like to see the inside of this home or receive a list of other Foreclosure or Bank Owned homes for sale, please visit our website at: www.Search-OCHomes.com or give us a call at: 949-388-3396
This Foreclosure, Bank REO and Short Sale Blog is authored by the OC Short Sale Team. For 24 Hr Pre-Recorded Short Sale Info, Call: 800-597-3714 ext: 810
Vincent Bindi Real Estate Broker (949) 283-4679 email
Nick Roshdieh Short Sale Specialist (949) 254-4775 email