The foreclosure process is a bank or other secured creditor (lender) selling or repossessing a parcel of property after the owner has failed to comply with the mortgage or deed of trust. Commonly, the violation of the mortgage is a "default" in payment of the promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal
REO / Bank Owned Property
REO or Real Estate Owned, is a class of property owned by a lender, typically a bank, after an unsuccessful sale at a foreclosure auction. A bank will typically set the opening bid at a foreclosure auction for at least the outstanding loan amount. If there are no bidders that are interested, then the bank will legally repossess the property. As soon as the bank repossess the property, it is listed on their books as REO - Real Estate Owned - and is categorized as an asset (non-performing).
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower.
Loading Results ...
At least 1 location must be added before you can choose keywords
Enter MLS ID:
Beds: 3 | Bath: 3 | Sq Ft: 1536 | Acres: 0.04 | Built: 1971 | MLS ID: OC14133328 | Status: Active
Welcome home to this beautiful, well maintained, Tiburon South townhome. Original owner upgraded property with double pane windows, beautiful custom window shutters, copper plumbing, newer air conditioner, upgraded bathrooms, oak kitchen cabinets and recessed lighting. Enter to spacious, inviting living room followed by very bright and open kitchen with walk in pantry. Family room of kitchen can be used as a formal dining area. Huge master bedroom with custom mirrored closet doors and its own upgraded bathroom. Between the unit and 2 car detached garage with washer/dryer is a very low maintenance backyard. Property is located just steps from community club house, pool and playground. Walking distance to many shopping strips, restaurants, Or
Beds: 3 | Bath: 2 | Sq Ft: 2200 | Acres: 0.35 | Built: 1956 | MLS ID: OC14043006 | Status: Active
Great gated home with 2,200 square feet of living space and over 15,000 square foot lot. The kitchen boasts tons granite counter tops and cabinet space, a center island for food preparation, plenty of natural light and a breakfast nook area off of tile flooring. The spacious living room (approx 30'x16') has wonderful hardwood floors, wonderful fireplace, recessed lighting, sliding glass door leading to enclosed bonus room and backyard. The spacious 3 bedrooms all feature full sized closets, hardwood floors, newer dual pane windows & ceiling fans. Master bathroom has shower over full sized tub and secondary bathroom features large soaking tub with jets, both with tile flooring. Separate laundry area with gas and electric 220 volt hookup
|The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)
is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify
prospective properties visitor may be interested in purchasing. |
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)
program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the
broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is
deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with
the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,
DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination
of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised
of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),
CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura
County Regional Data Share).
IDX provided by NetAspects
Information deemed reliable but not guaranteed.
Information provided is for consumers' personal, non-commercial use and may not
be used for any purpose other than to identify prospective properties consumers
may be interested in purchasing.
CARETS is current as of 7/31/2014.
Your property search took too long to complete. You may want to try changing your