From the category archives:

San Clemente – Foreclosure, Bank Owned Homes

This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned homes here in San Clemente. This article will report the statistics for Active for Sale and Sold standard listing properties, as compared to Bank Owned foreclosure properties. Currently, there are 198 detached homes listed for sale in San Clemente California. The median price of these homes for sale is $797,000 and the average price per square foot is $384. 10 of these active listings are Bank Owned REO’s, which represent 5% of the total inventory of detached homes for sale. The median price of these bank foreclosure properties is $590,100 and the average price per square foot is $270.

For homes under contract, there are 102 detached homes in escrow on this date, and the median price is $650,000. Of this total, 10 are bank foreclosures in escrow, which is 10% of the total detached properties in escrow in San Clemente and the bank owned property median price in escrow is $624,900.

In the past 3 months, there have been a total of 104 detached homes that have sold and closed escrow in San Clemente. The median price was $640,000 and the average price per square foot was $271. Of this total were 11 were Bank Owned properties in the city of San Clemente in the past 3 months. This number of sold bank foreclosures is 11% of the total. The median price was $496,000 and the average price per square foot was $214.

If you would like more info regarding bank foreclosure properties for sale, click the following link to visit our website at: San Clemente Bank Owned Homes & Condos. If you would like to speak with a real estate professional, or see the inside of any Foreclosure property, feel free to call: (949) 388-3396, or email us at: Info@eVantageRE.com.

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Price (subject to change):  $1,139,000
Type:  Detached SFR
Bedrooms:  5
Baths:  4.5
Living Area (SqFt):   3,783
No. of Garages:  2
Stories:  2
Year Built:  2004
Lot Size (SqFt):  7,588
City:  San Clemente
Area: Forster Ranch
Tract:   Reserve East
Street:  Camino Oleada.
School District:  Capistrano Unified

Property Description:   2 story 5 bedroom, 4 1/2 bath home in Reserve East development. 2 car garage and 2 fireplaces. Hardwood floors throughout and extensive use of granite, stone wainscotting in bathrooms, ans central vacuum system. Backyards includes built-in BBQ.  Community pool and spa. Beautiful concrete tile roof. Located in the award winning Capistrano Unified School District. Close to shopping areas, parks, and schools. Don’t miss out on the beautiful, large, family home!

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.   

Contact:  To view this foreclosure home, feel free to Call Us at:  949-388-3396, or email us 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 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  

Price (subject to change):  $1,074,900
Bedrooms:  5
Baths:  4.5
Living Area (SqFt):   3,465
No. of Garages:  3
Stories:  Two
Year Built:  2006
Lot Size (SqFt):  9,777
City:  San Clemente
Area:  Talega
Tract:  Stella Mare
Address:  68 Via Regalo.
School District:  Capistrano Unified

Property Description:   Very large Stella Mare Plan 4 bank owned REO home for sale. Situated on a large corner lot with panoramic views. Many upgrades such as: granite, hardwood floors, dark expresso cabinetry and SS Kitchen Aid appliances. The gourmet kitchen includes a professional style 6 burner range & large built-in refrigerator. There’s a private interior courtyard with fireplace! Master with view deck & beautifully upgraded bath. 

Financing:    Conventional financing with 10% or 20% down is available.  Interest rates have recently dropped for Jumbo loans greater then $417,000.  The Bank does not want to own this Talega REO property and wants is sold.

Contact:  To view this Bank Foreclosed home, feel free to Call Us at:  949-388-3396, or email us 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 property or any bank owned foreclosure or 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