September 4th, 2010 12:08 PM by Dave Gubler
Find Ladera Ranch Short SalesLooking to buy in Ladera Ranch? Good bargains are available if one knows where and how to look. Short Sales are one of the better opportunities for finding great value in Ladera Ranch. Of the 177 homes for sale in Ladera Ranch (as of 9/4/10) 92 are listed as short sales. This provides a buyer with a multitude of choices and the probability of purchasing below market value. Of the 177 homes currently listed in Ladera Ranch 7 are bank owned. Less variety but an even better opportunity to purchase below market value.
Ladera Ranch Homes For Sale - 9/4/10
177 Active Listings - Find All Homes For Sale In Ladera Ranch92 Short Sales - Find Ladera Ranch Short Sales7 Bank Owned - Find Ladera Ranch Bank Owned Homes
A Short Sale is a home listed for sale by the current home owner, but the home is now priced at a point where the homeowner no longer has any equity. When sold the net proceeds will be less than the amount owed to the lender. The final sale price needs to be negotiated with the lender; the homeowner/seller will not receive any funds from the sale of the home. An astute and patient buyer will benefit from purchasing a short sale. Learn more about short sales.
A Bank-Owned (often called "REO" which means "real estate owned") is a home that is listed for sale by the Lender and is owned by the lender as a result of a foreclosure. This an excellent buying opportunity because the lender is very motivated to sell. Lenders do not want to own homes, they want to loan money. The carrying costs and risk of vandalism due to vacancy provide an incentive to the lender to move a bank-owned home quickly off of their books.
Ladera Ranch Short Sale Condos, Ladera Ranch Short Sale Detached Homes,
Ladera Ranch Short Sale Luxury Homes