Bank Owned Homes For Sale In Foothill Ranch
Alternatively known as "foreclosures" or "REO Properties" bank owned homes usually offer the astute buyer the ability to buy below current market values.  Although Foothill Ranch was less hard hit than other nearby communities by the mortgage/real estate meltdown that began in 2007 a slow but steady supply of bank owned homes has been available to buyers. My advice on bank owned homes... analyze the comps well, calculate in needed/necesasry repairs, and make your best- highest offer first! It's not about getting a reduction in price... if the list price is already well below what comparable homes are selling for!  This is easily determined by doing a comparative market analysis which we provide to all of our buyer clients before they make an offer.  Bank owned... be ready to act quickly as only about 1 in every 10 listings are bank owned in Foothill Ranch (detached homes). You will likely be rewarded with a great price!  Save this search and be the first to know when a bank owned home is listed in Foothill Ranch.
Orange County Real Estate > Foothill Ranch Real Estate > Bank Owned Homes Foothill Ranch