There are some very nice homes now listed for sale that did not sell at their foreclosure sale and are now offered as Bank Owned or Real Estate Owned (REO) properties. Newer residential developments like Talega in San Clemente, or Ladera Ranch in the Mission Viejo area, have seen REO and Short Sale listings comprise as much as 50 per cent or more of the total market in recent quarters. Some of these homes, now Bank Owned, for example as shown at Talega Bank Owned property and at Ladera Ranch Bank Owned property are priced 30%+ under the highest price they once sold for.
You can view Short Sale or Bank Owned properties listed by city in South Orange County at Orange County Short Sale and Bank Owned property.
If you would like to schedule your private showing for any of these amazing opportunities, please contact us at 949.481.3739.
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Date: 2008-01-27 12:07:30