Orange County Short Sales & REO-Bank Owned Properties
Orange County tends to have a steady supply of Short Sale and Real Estate Owned (REO) - Bank Owned properties. That's because many buyers here end up with mortgages they can't afford on luxury coastal and beach cities homes. When property values flatten or start to drop and interest rates on their loan increase, it becomes especially hard for struggling home owners to sell and pay off debt. For investors or home buyers, these market conditions have yielded great deals on a wide variety of properties. Short Sale buyers help home owners get out of a tough financial situation by buying the property before it goes to foreclosure.
Short Sale and Bank Owned listing information and number of listings displayed by city is updated throughout every day and is current as of February 4, 2012.
Our experienced team is available to assist you with a foreclosure property or another property best suited to your needs. Buying or selling, we are here to act as your local real estate specialist. Contact The Hartanov Team at 949.481.3739.
If you are looking for short sale information, short sale assistance or just interested in finding out more about the short sale process, visit top Orange County Short Sale agents at GetShortSaleHelp.com
Short Sale & Bank Owned - REO Property For Sale
South Orange County listings by city or area
The Orange County Short Sale & REO Market
Orange County has hundreds of Short Sale and REO (also known as "Real Estate Owned" or "Bank Owned") listings on the market at any given time - these range from starter homes in newly developed communities to custom estates priced well into the millions. 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.
Buyers and investors who approach each Orange County Short Sale and REO listing on its own merits will find the best deals faster. REO and Short Sale homes are commonly lumped together because they relate to foreclosures, but they are quite distinct from one another. Short sales happen before a property goes to foreclosure, while REO/Bank Owned properties are sold after the home is foreclosed and the bank or lender takes control of the property. Short Sales also typically involve the homeowner and/or their agent getting lender approval to sell below what is owned to the bank(s), while REO sales are usually direct negotiations with the lender and the real estate agent for the investor or potential buyer.
Contact The Hartanov Team for more information on Orange County Short Sale and REO - Bank Owned real estate.
Greater Orange County Short Sale & REO properties
Spectacular Custom Private Gated Estate On Appr...
- Price:
- $18,000,000
- City:
- Laguna Beach
- Beds:
- 4
- Baths:
- 7
- Area:
- South Laguna (SL)
- Subdiv:
- Custom
- Type:
- Residential
Spectacular Custom Private Gated Estate On Approx 12 Acres Surround By Open Space Ensuring Total...
Villa Mar Vista, A Sublime Junction Of Privacy,...
- Price:
- $18,000,000
- City:
- Laguna Beach
- Beds:
- 4
- Baths:
- 7
- Area:
- South Laguna (SL)
- Subdiv:
- South Laguna Village
- Type:
- Residential
Villa Mar Vista, A Sublime Junction Of Privacy,acreage, Generous Interiors,tasteful Design, Plent...
The Most Respected Word In Real Estate, Locatio...
- Price:
- $7,995,000
- City:
- Corona Del Mar
- Beds:
- 5
- Baths:
- 7
- Area:
- Corona Del Mar - Spyglass (CS)
- Subdiv:
- Corona del Mar South of PCH
- Type:
- Residential
The Most Respected Word In Real Estate, Location, Location, Location Is On Display Here. Offerin...
Romantic Oceanfront Spanish Hacienda In The Pre...
- Price:
- $6,500,000
- City:
- Laguna Beach
- Beds:
- 5
- Baths:
- 5
- Area:
- Laguna Village (LV)
- Subdiv:
- Lagunita
- Type:
- Residential
Romantic Oceanfront Spanish Hacienda In The Prestigious Gated Community Of Lagunita. The Estate B...
Once In A Lifetime Opportunity To Purchase This...
- Price:
- $4,995,000
- City:
- San Juan Capistrano
- Beds:
- 7
- Baths:
- 14
- Area:
- San Juan North (JN)
- Subdiv:
- Marbella Estates Custom
- Type:
- Residential
Once In A Lifetime Opportunity To Purchase This Extraordinary Custom Italian Renaissance Estate O...
This Is A Brand New Never Occupied Mixed Use Bu...
- Price:
- $4,399,000
- City:
- San Clemente
- Beds:
- 8
- Baths:
- 16
- Area:
- San Clemente Central (SC)
- Subdiv:
- Custom
- Type:
- Residential
This Is A Brand New Never Occupied Mixed Use Building That Is Lender Owned Consisting Of 4 Ocean ...
Short Sale! Great Opportunity In North Laguna!i...
- Price:
- $3,500,000
- City:
- Laguna Beach
- Beds:
- 5
- Baths:
- 4
- Area:
- North Laguna (NL)
- Subdiv:
- Smithcliffs
- Type:
- Residential
Short Sale! Great Opportunity In North Laguna!inspired By The Style Of Renowned Architect Michael...
Excellent Value For This Oceana Plan 2b In Crys...
- Price:
- $3,399,500
- City:
- Newport Coast
- Beds:
- 4
- Baths:
- 5
- Area:
- Crystal Cove (CR)
- Subdiv:
- Oceana
- Type:
- Residential
Excellent Value For This Oceana Plan 2b In Crystal Cove. Enjoy The Open Floor Plan With Cathedral...
Located On An Expansive Corner Lot, This White ...
- Price:
- $3,300,000
- City:
- Newport Coast
- Beds:
- 4
- Baths:
- 5
- Area:
- Crystal Cove (CR)
- Subdiv:
- White Sails
- Type:
- Residential
Located On An Expansive Corner Lot, This White Sails Plan One Offers Dramatic Ocean Views. With ...
Spectacular Oceanfront Estate Located On The Bl...
- Price:
- $3,300,000
- City:
- San Clemente
- Beds:
- 6
- Baths:
- 7
- Area:
- San Clemente Southwest (SW)
- Subdiv:
- Custom
- Type:
- Residential
Spectacular Oceanfront Estate Located On The Bluff Directly Above T Street Beach. This Recently C...
Property Is Now A Short Sale. Beautiful Waterfr...
- Price:
- $2,995,000
- City:
- Newport Beach
- Beds:
- 3
- Baths:
- 3
- Area:
- Lower Newport Bay - Balboa Island (N9)
- Subdiv:
- Linda Isle
- Type:
- Residential
Property Is Now A Short Sale. Beautiful Waterfront Home Is Ideally Located On Newport Bay With Sp...
Magnificent Equestrian Estate Property Offers V...
- Price:
- $2,950,000
- City:
- Coto De Caza
- Beds:
- 6
- Baths:
- 7
- Area:
- Coto De Caza (CC)
- Subdiv:
- Los Ranchos Estates
- Type:
- Residential
Magnificent Equestrian Estate Property Offers Views And Privacy Featuring 6 Bedrooms And 2 Family...
This Beautiful Home Is Turnkey! Magnificent Nau...
- Price:
- $2,812,000
- City:
- Newport Coast
- Beds:
- 5
- Baths:
- 6
- Area:
- Crystal Cove (CR)
- Subdiv:
- Nautilus
- Type:
- Residential
This Beautiful Home Is Turnkey! Magnificent Nautilus Home Includes A Separate Rear Casita With On...
Exceptional New Contemporary Home In North Lagu...
- Price:
- $2,650,000
- City:
- Laguna Beach
- Beds:
- 3
- Baths:
- 4
- Area:
- North Laguna (NL)
- Subdiv:
- North Laguna
- Type:
- Residential
Exceptional New Contemporary Home In North Laguna On One Of North Laguna's Most Sought After Stre...
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Bank Owned (REO) and Short Sale Property List -
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