Type:

Property Description:  

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

Post from: Orange County Real Estate Blog

Price (subject to change):  $525,900
Bedrooms:  3
Baths:  3
Living Area (SqFt):   1,400
No. of Garages:  2
Stories:  2
Year Built:  1998
Lot Size (SqFt):  3,900
City:  Rancho Santa Margarita
Area:  Las Flores
Tract:  Traditions
Address:  58 Legacy Way
School District:  Capistrano Unified

Property Description:   This home was taken back via Foreclosure and is now owned by the Bank.  Beautiful three bedrooms and three baths home that is made for entertaining. The kitchen has custom maple cabinetry, corian counter tops, and a walk-in pantry. The first floor of the home has custom ceramic tile. The home has a wrap around yard with custom concrete and flagstone. There is a great fire pit for night time fun enhanced by custom lighting.   

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. The Bank does not want to own this home.

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 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  

Post from: Orange County Real Estate Blog

This Bank Owned REO property was just listed for sale for $276,000 and is a 1 bedroom, 1 bath with a 1 car detached garage.  It is located in the very desirable Tijeras Creek Villas which is adjacent to the Golf Course.  It have a spacious living room with a fireplace and includes a stackable washer and dryer.  Kitchen appliances are newer and the counter tops ore tiled, but needs some painting.  Located close to the intersection Antonio and Banderas.

The association dues are about $170 per month and the city of Rancho Santa margarita has a small due of about $46 per month.  The Mello-Roos is low for the area and the association includes a swimming pool.   You will also have access to the Rancho Santa Margarita Lake. 

This bank repossesed home was listed for sale on Feb 26, 2007.  This condominium would qualify for the CalCHFA loan program for  First time home buyers.  This little known government subsidized loan program, allows one to purchase a home with Zero Down with today’s 5.65% fixed interest rate amortized over 30 years with no negative amortization.  Click on the following link to view all Condos for sale in Ranch Santa Margarita.  If you would like a complete list of foreclosed homes for sale in Orange County, visit www.OCBaargainHomes.com

Post from: Orange County Real Estate Blog