Tag Archive: Bank-owned

South Orange County Foreclosure Updates

The foreclosed home inventory is moving quickly in all of Orange County right now, but new ones come on the market almost daily.  I've re-done my foreclosure pages to include all the latest listings as they come on the market.  These will be updated several ...

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Foreclosures Continue

Foreclosed homes in Orange County now total 865 in the MLS.  I'm pretty sure there are more, but this is the number that has been labeled that way, and I'm not going to read the details of over 11,500 listings to find the rest of them.  They range in price from $5,000 to $3,299,000 and ...

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Foreclosure Listings in South Orange County

Foreclosure properties continue to lead the market in Orange County home sales.  In the last three months, 2,438 out of the 5,907 sales (41%) have been bank-owned properties!  Sometimes, these homes are agressively priced to immediately attract buyers, which leads to multiple offers ...

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Best Deals on Bank Owned Homes

The bank-owned (REO) homes in South Orange County are still looking like the best values available.  I picked out a list of about 15 that are seriously discounted below their last sale price.  I am planning to resume posting my

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Message to Lenders – Who is going to buy all your Foreclosures?

I just spent several days this week inspecting South Orange County REOs. The quality, condition and pricing run the distance from "Wow - pretty nice!" to "Gag - what's that smell?"    I saw a lot of REOs back in the mid-1990s and sold more than a few at that time.  They also offered a wide range ...

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