San Clemente Short Sales Houses Homes for Sale Real Estate Foreclosed Bank Owned Properties

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San Clemente Short Sales Houses Homes for Sale Real Estate Foreclosed Bank Owned Properties
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There are many foreclosed homes for sale and condos listed in the local San Clemente area. A San Clemente bank owned property or foreclosed house is one in which the homeowner fell behind on their mortgage payments, and the mortgage bank instituted a Foreclosure proceeding. After the 3 month Notice of Default process, and the 3 week Trustee Sale process, the property is sold in an open auction where buyers can come and bid on the property. If no one bids at this auction, then the foreclosing bank ends up owning the home at the end of the day.

Banks are the quintessential motivated homebuyer. When you list your home San Clemente realtors explain that banks have no emotions wrapped up in the homes for sale, and are extremely motivated to sell the house very quickly for several reasons. This explains why most banks price their foreclosed home inventory below market value; this is so they sell the San Clemente property promptly. In order to avoid foreclosure many homeowners in San Clemente opt for short sales. San Clemente short sales give the seller the opportunity to avoid foreclosure and the looming idea of wrecking their credit. Buyers can also get San Clemente houses on the cheap with short sales.

Our realtors can provide a list of all San Clemente short sales and foreclosed bank owned homes currently listed for sale. If you would like to view any of the homes for sale in online San Clemente home listings, or if you have any questions about San Clemente foreclosed homes, feel free to call us at (888) 888-2583. Our professional and knowledgeable team of realtors and finance professionals are here to help you buy or sell your property.

 

For More Information on other Orange County Cities click on the link below:

Dana Point
Irvine
Mission Viejo
Newport Beach
Anaheim
Orange

 

 
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