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REO

This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned homes here in Huntington Beach . 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 251 detached homes listed for sale in Huntington Beach , California. The median price of these homes for sale is $729,000 and the average price per square foot is $405 . 13 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 $526,000 and the average price per square foot is $321 .

For homes under contract, there are 171 detached homes in escrow on this date, and the median price is $599,000 . Of this total, 11 are bank foreclosures in escrow, which is 6% of the total detached properties in escrow in Huntington Beach , and the bank owned property median price in escrow is $565,250 .

In the past 3 months, there have been a total of 205 detached homes that have sold and closed escrow in Huntington Beach . The median price was $584,000 and the average price per square foot was $342 . Of this total were 13 were Bank Owned properties in the city of Huntington Beach in the past 3 months. This number of sold bank foreclosures is 6% of the total. The median price was $427,500 , and the average price per square foot was $283 .

If you would like more info regarding bank foreclosure properties for sale, click the following link to visit our website at: Huntington Beach 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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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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This report is for standard sales and bank owned foreclosure properties in San Juan Capistrano , and is brought to you by the Broker at eVantage Real Estate. Currently, there are a total of 80 detached homes listed for sale in San Juan Capistrano , California. The median price of these active homes for sale is $1,149,000 and the average price per square foot is $333 . Of this total, 5 are bank owned listings active for sale. These foreclosure listings represent 6% of the total inventory of detached homes for sale. The median price of these bank owned properties is $399,900 and the average price per square foot is $242 .

Currently, there are 50 detached homes under contract in escrow, and the median price of these pending properties is $599,000 . Of this total pending properties, 4 are bank owned REO properties, which is 8% of the total detached properties in escrow in San Juan Capistrano . The median price is $569,800 .

In the past 90 days, there have been a total of 55 detached homes that have sold and closed escrow in San Juan Capistrano . The median price of these sold homes was $575,000 and the average price per square foot was $260 . Of this total were 13 REO foreclosure properties, which was 24% of the total sales. The median price was $400,000 , and the average price per square foot was $235 .

For more information about bank owned foreclosure properties, please visit our website at: San Juan Capistrano Bank Owned Homes & Condos. For Questions, or if you would like to 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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This report is for standard sales and bank owned foreclosure Condominiums in Mission Viejo , and is brought to you by the Broker at eVantage Real Estate. Currently, there are a total of 81 condo units currently listed for sale in Mission Viejo . The median price for these listed condominiums is $272,000 and the average price per square foot is $221 . Of this total, 12 are bank foreclosure condo listings. The median price of these bank REO condos is $214,900 , and the average price per square foot is $205 . The ratio of bank owned condo listings to total listings is 15% .

For condominiums, there are now 75 attached units in escrow, and the median price is $229,900 . Of this number, 10 are bank foreclosure Condos in escrow in Mission Viejo . These bank Owned condos are 13% of the total units in escrow, and the median price is $239,900 .

For attached condos, there have been a total of 67 condominium sales in the past 3 months. The median price was $260,000 , and the average price per square foot was $214 in Mission Viejo . In addition, there were 18 bank foreclosure condos that sold and closed escrow during this same period of time, which was 27% of the total number of units sold. The median price of the sold bank owned condominiums was $209,500 , and the average price per square foot was $201 .

For more information about bank owned foreclosure properties, please visit our website at: Mission Viejo Bank Owned Homes & Condos. For Questions, or if you would like to 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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This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned homes here in Lake Forest . 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 106 detached homes listed for sale in Lake Forest , California. The median price of these homes for sale is $519,000 and the average price per square foot is $265 . 6 of these active listings are Bank Owned REO’s, which represent 6% of the total inventory of detached homes for sale. The median price of these bank foreclosure properties is $534,900 and the average price per square foot is $257 .

For homes under contract, there are 83 detached homes in escrow on this date, and the median price is $444,900 . Of this total, 6 are bank foreclosures in escrow, which is 7% of the total detached properties in escrow in Lake Forest , and the bank owned property median price in escrow is $369,900 .

In the past 3 months, there have been a total of 107 detached homes that have sold and closed escrow in Lake Forest . The median price was $453,000 and the average price per square foot was $249 . Of this total were 15 were Bank Owned properties in the city of Lake Forest in the past 3 months. This number of sold bank foreclosures is 14% of the total. The median price was $417,000 , and the average price per square foot was $233 .

If you would like more info regarding bank foreclosure properties for sale, click the following link to visit our website at: Lake Forest 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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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 BdBaSqFt Price
CONDO9 Pearl11873$198,900
CONDO24421 Avenida De Los Ninos 6421900$220,000
CONDO7 Avalon Cv221,120$272,500
CONDO21 Flamingo Ct 104321,221$309,900
CONDO17 Glen Cv 2221,100$336,000
CONDO27425 Newporter Way 255331,597$379,900
SFR4 Tobago231,605$413,900
CONDO176 Cameray Hts231,450$414,900
SFR20 Stream St331,900$499,900
SFR30461 Via Alcazar Ave421,960$589,000
SFR24626 Los Serranos Dr532,100$650,000
SFR31662 Isle Royal Dr432,468$651,000
SFR21 Trestles432,719$697,950
SFR24036 Piragua Pl432,500$759,000
SFR30381 Via Alcazar Ave532,600$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

TypeAddressBdrmsBathsSqFtPrice
SFR 4 Drackert Ln  , Ladera Ranch 443,550$830,000
CONDO 27 Tarleton Ln  , Ladera Ranch 341,662$404,000
SFR 19 Maybeck Ln  , Ladera Ranch331,910$487,900
SFR 22 Michael Rd  , Ladera Ranch 563,730$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.

TypeAddressBdrmsBathsSqFtPrice
CONDO 405 Bryson Spgs 53  , Costa Mesa 231,282$254,400
CONDO 3431 Timber Lk 46  , Costa Mesa 321,317$265,000
CONDO 114 Yorktown Ln  , Costa Mesa 321,240$289,900
CONDO 748 Wingate Bay 5  , Costa Mesa 221,017$308,888
CONDO 2518 Elden Ave B2  , Costa Mesa 331,364$331,650
CONDO 785 W 18th St C1  , Costa Mesa 231,227$344,900
CONDO 2674 Orange Ave A2  , Costa Mesa 331,431$350,000
CONDO 2526 Poplar Ln  , Costa Mesa 331,500$427,900
SFR 151 MESA Dr  , Costa Mesa 221,225$439,000
SFR 2758 De Soto Ave  , Costa Mesa 421,729$478,900
SFR 132 Virginia Pl  , Costa Mesa 542,821$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.

TypeAddressBdBaSqFtPrice
Condo 2105 Apricot Dr 2105  , Irvine 22910$222,000
Condo 162 Greenfield  , Irvine 321,267$333,900
Condo 38 Hollowglen 25  , Irvine 221,125$350,000
Condo 2210 Scholarship  , Irvine 11868$359,000
Condo 8 Sunstream  , Irvine 221,100$429,000
SFR 19 Amoret Dr  , Irvine 431,900$589,050
SFR 5232 Skinner  , Irvine 432,300$649,900
SFR 21 Orangetip  , Irvine 432,300$729,900
SFR 12 Rutherford  , Irvine 332,200$830,000
Condo 3141 Michelson Dr 1504  , Irvine 232,063$839,800
SFR 52 Crimson Rose  , Irvine 342,651$1,125,000
SFR 35 Hidden Trl  , Irvine 453,675$1,719,900