Of these 444 properties listed for sale, 188 are Short Sales which represent 42% of the total inventory.  Also, 45 of the homes and condos active for sale are Bank Owned foreclosures which represent 10% of the total inventory.  The total number of distressed properties is 203, which represents 46% of total inventory.

Currently, there are 167 properties that are under contract and pending in escrow in Lake Forest, California.  Of this total, 40 properties are short sales, which represent 23% of the pending properties.  In addition, there are 62 Bank Owned foreclosure homes and condos under contract in escrow, which represent 37%.  The total number of distressed properties pending in Escrow is 102, which represents 61% of the total pending properties.

For the month of April, there were 74 properties that sold and closed escrow in Lake Forest, Calif.  Of these, 10 properties where short sales that sold that month, which represent 13.5% of the total sales.   In addition, 24 sales were Bank Owned foreclosures (REO) which closed escrow in the month of April in Lake Forest, which represent 32% of the total sales.  The total distressed sales were 34, which represents 46% of the total sales. 

Post from: Orange County Real Estate Blog

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Property Description:  Charming cul-de-sac home with recent work! New paint and wood floor. Pool recently acid washed. Show and Sell! Perfect family home in a great community. Located in the award winning Saddleback Valley Unified School District. Member of the Sun and Sail club. Curb appeal. Great location near shopping centers, parks and schools.

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 bank owned 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 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 bank owned property for sale in Orange County.  Join our FREE and No Obligation Bank owned Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com  

Post from: Orange County Real Estate Blog

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Property Description:   Open, unique, & spacious floor plan.  Master suite is downstairs. 3 Bedrooms plus loft/den upstairs.  Kitchen with upgraded cabinets & counter tops.  Custom Crown Molding and window moldings throughout.  Cozy fireplace with stonework from floor to ceiling. French doors lead to a private deck and large backyard. Garage with extra storage space.  Low association dues include association pool, spa, clubhouse, and lake access! Low tax rate and no mello-roos!

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 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  property for sale in Orange County.  You don’t want to miss out on this beautiful home! Join our FREE and No Obligation home finder service at:  www.OCBargainHomes.com  

Post from: Orange County Real Estate Blog

Bedrooms:

Property Description:   The ultimate in privacy, peace and quiet. Located on a cul de sac  street with huge yard, this one story has soaring catheral ceiling, newer carpet and flowing floor plan.  Walk or ride to all three schools AND the beach & tennis club.

Financing:    Conventional financing with 10% or 20% down is available.  Great News ! – Rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000.  The Bank does not want to own this 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 our years of experience and negotiation expertise get you the best possible price on this 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: 

Post from: Orange County Real Estate Blog

This detached 3 bedroom, 2.5 bath 2 story  home in the Avegnon tract of Foothill Ranch is listed for sale with range pricing from $559,000 to $579,000.   It was listed for sale on Feb 8th, 2007′ and is a pending foreclosure with a Short Sale. It was built in 1991 and has a 2 car garage with full length driveway. 

Many interior upgrades have been completed including new wood flooring in the living room and dining area, new lighting, new plumbing fixtures throughout, recessed lighting, custom lighting and custom interior paint. Due to the pending Foreclosure and Short Sale status, the subject property is sold in ‘as-is’ condition. 

The community association dues are only $70 per month, and the Mello-Roos Tax in this community is low to moderate.  The grade school is Foothill elementary, the middle  school is Rancho Santa Margarita Intermediate school and the high school is Trabcao Hills High. The Avegnon community is locate at the end of Back Parkway just past the 241 Tool Road in Foothill Ranch, CA.

If you would like more information about this home or Foreclosure or Bank Owned properties in general, give us a call at:  949-388-3396 or email us at:  Info@SearchOCHomes.com    

Post from: Orange County Real Estate Blog