Top 5 Benefits of Buying a Bank-Owned Home

1. More home for your buck. How? By taking advantage of potentially lower interest rates and dramatically lower prices, two ways in which banks entice buyers to take a losing asset of their hands—fast! Bank-owned (REOs) and foreclosed upon properties average discounts between 20% and 25% off their overall retail value. Buying the property “as [...] Read more »

This Week’s Top Properties: 3 Great Value Southern California Foreclosures

44 Tavella Place, Foothill Ranch, Calif. 92610 VIP SPECIAL, CALL FOR PRICING INFO CLICK HERE FOR MORE PHOTOS Square Feet: 2,115 Lot Size: 3,794 sq. ft. Rooms: 4 bedrooms, 2.5 baths Here’s your chance to buy a spectacular Orange County two-story home with all the trimmings. Nestled in a private neighborhood, this completely refurbished four-bedroom, [...] Read more »

Outstanding Bixby Knolls Foreclosure – Coming on the Market!

FORECLOSURE—COMING ON THE MARKET! Call for Pricing and Additional Information CLICK HERE FOR MORE INTERIOR AND EXTERIOR PHOTOS Address: 659 E. Claiborne Drive Long Beach, CA 90807 Home Type: Single-Family Square Feet: 1,662 Lot Size: 6,150 sq. ft. Rooms: 2 bedrooms, 2 baths Year Built: 1941 GREAT NEIGHBORHOOD—Minutes away from great shopping & parks! This [...] Read more »

New Foreclosure Law California SB 1137: Relief … Or Not?

New foreclosure law California SB 1137—Was it a case of too little, too late? The thousands of Los Angeles and Orange County homeowners still on the brink of defaulting on their loans likely think so. California’s record-breaking, seemingly endless spike in foreclosures has left many frustrated with SB 1137, a supposed piece of “foreclosure relief” [...] Read more »