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REO

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 Bd Ba SqFt Price
CONDO 9 Pearl 1 1 873 $198,900
CONDO 24421 Avenida De Los Ninos 64 2 1 900 $220,000
CONDO 7 Avalon Cv 2 2 1,120 $272,500
CONDO 21 Flamingo Ct 104 3 2 1,221 $309,900
CONDO 17 Glen Cv 2 2 2 1,100 $336,000
CONDO 27425 Newporter Way 255 3 3 1,597 $379,900
SFR 4 Tobago 2 3 1,605 $413,900
CONDO 176 Cameray Hts 2 3 1,450 $414,900
SFR 20 Stream St 3 3 1,900 $499,900
SFR 30461 Via Alcazar Ave 4 2 1,960 $589,000
SFR 24626 Los Serranos Dr 5 3 2,100 $650,000
SFR 31662 Isle Royal Dr 4 3 2,468 $651,000
SFR 21 Trestles 4 3 2,719 $697,950
SFR 24036 Piragua Pl 4 3 2,500 $759,000
SFR 30381 Via Alcazar Ave 5 3 2,600 $775,000

Ladera Ranch Bank Owned Homes Listed for Sale

by vbindi on September 4, 2009

Below is the list of all Bank REO homes and condos currently listed for Sale in Ladera Ranch, Orange County California.   A Bank REO is a property that was was Foreclosed upon by the mortgage Bank, and is now owned by that same Bank.  Bank Owned REO Homes most always present a great buying opportunity since many Banks today are financial difficulties and are required to quickly convert these non-performing assets into cash.  Therefore, the Banks usually price these properties substantially below market in order to sell them very quickly.

In the past 3 years, the local real estate market in southern California has experienced a severe correction-recession, which includes Ladera Ranch.  We are seeing signs that the market is now stabilizing in the lower end of the price scale, and appears to be a good time to buy since prices have pulled back nearly 40% from their peak in the Spring of 2006′.

To see more detail about the Bank Owned properties listed below, simply Click on the Property Address Hyperlink.  If you would like see the inside of any of the homes below, or if you have questions about buying an REO Bank Home, contact one of our REO Specialists at:  Info@BankHomesMLS.com or call us at:  (949) 388-3396

Type Address Bdrms Baths SqFt Price
SFR 4 Drackert Ln  , Ladera Ranch 4 4 3,550 $830,000
CONDO 27 Tarleton Ln  , Ladera Ranch 3 4 1,662 $404,000
SFR 19 Maybeck Ln  , Ladera Ranch 3 3 1,910 $487,900
SFR 22 Michael Rd  , Ladera Ranch 5 6 3,730 $875,000

Costa Mesa Bank Owned Homes for Sale

by vbindi on September 4, 2009

This report lists all of the Bank Owned REO homes and condos currently listed for sale in Costa Mesa.  A Bank Owned REO home is a property that has gone through the 3 month, and 3 week Foreclosure process, and is now owned by the Bank.  Banks are typically unwitting owners at this point, and most often price the homes at below market value so they will sell very quickly.

Below is a list of all of the Foreclosed  Bank Owned homes currently active for sale in Costa Mesa.  The homes and condos range in price from a low of $254,400 for a 2 bedroom, 3 bath , 1,282 condo, on up to $545,000 for a 5 bedroom, 4 bath, 2,821 square foot detached home located in central Costa Mesa.

Our small team of Realtors specialize in purchasing Bank Owned REO properties at below market value for our clients, and we have a proven track record of success.    If you would like more information about any of the Foreclosed homes listed below, or if you want to see the inside of any of these Costa Mesa REO properties listed for sale, please feel free to call us at:  (949) 388-3396 or drop us an email at:   Info@BankHomesMLS.com.  If you would like more details on the properties listed below, simply click on the Address Hyperlink shown below.

Type Address Bdrms Baths SqFt Price
CONDO 405 Bryson Spgs 53  , Costa Mesa 2 3 1,282 $254,400
CONDO 3431 Timber Lk 46  , Costa Mesa 3 2 1,317 $265,000
CONDO 114 Yorktown Ln  , Costa Mesa 3 2 1,240 $289,900
CONDO 748 Wingate Bay 5  , Costa Mesa 2 2 1,017 $308,888
CONDO 2518 Elden Ave B2  , Costa Mesa 3 3 1,364 $331,650
CONDO 785 W 18th St C1  , Costa Mesa 2 3 1,227 $344,900
CONDO 2674 Orange Ave A2  , Costa Mesa 3 3 1,431 $350,000
CONDO 2526 Poplar Ln  , Costa Mesa 3 3 1,500 $427,900
SFR 151 MESA Dr  , Costa Mesa 2 2 1,225 $439,000
SFR 2758 De Soto Ave  , Costa Mesa 4 2 1,729 $478,900
SFR 132 Virginia Pl  , Costa Mesa 5 4 2,821 $545,000

Irvine Bank Owned Homes for Sale

by vbindi on September 2, 2009

We have compiled an exclusive list of all Bank Foreclosed homes currently listed for sale in Irvine, CA.  These Bank Owned REO properties consist of attached Condos and detached single family homes ranging in price from $222,000 up to $1,719,900.  Our team at REOBenefit has a proven track record of success in getting great buying value for our clients with a high rate of closing success.  If you would like more information on any of the homes listed below, or if you want to see the inside of any of these Irvine REO homes for sale, please feel free to call us at:  (949) 388-3396 or drop us an email at:   Info@BankHomesMLS.com

If you would like more details on the properties listed below, simply click on the Address Hyperlink shown below.  Click on the following link if you want to search for any homes listed for sale in Irvine.

Type Address Bd Ba SqFt Price
Condo 2105 Apricot Dr 2105  , Irvine 2 2 910 $222,000
Condo 162 Greenfield  , Irvine 3 2 1,267 $333,900
Condo 38 Hollowglen 25  , Irvine 2 2 1,125 $350,000
Condo 2210 Scholarship  , Irvine 1 1 868 $359,000
Condo 8 Sunstream  , Irvine 2 2 1,100 $429,000
SFR 19 Amoret Dr  , Irvine 4 3 1,900 $589,050
SFR 5232 Skinner  , Irvine 4 3 2,300 $649,900
SFR 21 Orangetip  , Irvine 4 3 2,300 $729,900
SFR 12 Rutherford  , Irvine 3 3 2,200 $830,000
Condo 3141 Michelson Dr 1504  , Irvine 2 3 2,063 $839,800
SFR 52 Crimson Rose  , Irvine 3 4 2,651 $1,125,000
SFR 35 Hidden Trl  , Irvine 4 5 3,675 $1,719,900