Mission Viejo Bank Owned Foreclosures & REO Properties For Sale

Looking for a bargain home in Mission Viejo for your family or an investment? Bank foreclosures, bank owned or REO's homes (one in the same) may be the best opportunity to purchase a home in Mission Viejo at a below market price. Feel free to browse the current inventory of Mission Viejo bank foreclosures and sign up FREE for daily updates to ensure you receive all the new bank foreclosure listings right as they become available-updated daily. Read more about Mission Viejo Bank Foreclosures

Mission Viejo Foreclosure Real Estate Listings

All Listings Under $500,000 $500,000 - $700,000
$700,000 - $900,000 $900,000 - $1,000,000
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$930,000
 

30 Skycrest, Mission Viejo

4 Beds, 4 Baths, 3,451 SqFt
APPROVED PRICE SHORT SALE, READY TO CLOSE, CASH or HARD MONEY BUYERS ONLY , Looking for a fixer? One of the largest floorplans in Quail Run, a prestigious gated community that offers plenty of recreational facilities for the whole family. Located on a quiet cul-de-sac with an elevated view- this property has potential! 4 bedrooms 4 baths, in-ground pool and spa ready for you to step in and make it your own! As-Is, Please DND seller
$785,000
 

24652 Via Alvorado, Mission Viejo

5 Beds, 3 Baths, 2,882 SqFt
2882 square foot single family home has 5 bedrooms and 2.5 bathrooms.
$699,888
 

21791 Ontur, Mission Viejo

3 Beds, 3 Baths, 2,301 SqFt
$450,000
 

24812 Leto Circle, Mission Viejo

2 Beds, 2 Baths, 1,378 SqFt
Beautiful home, absolutely amazing views. Please see showing instructions below. Needs a little TLC, however will go conventional.

More About Mission Viejo Foreclosures

Costly Mistakes To Avoid When Buying A Mission Viejo Bank Owned or Foreclosure Home:

  • Not all foreclosures are a bargain
  • Overbidding, some properties are priced low but are bid higher than "market" value
  • No inspection necessary, we always recommend buyer's to conduct an inspection
  • No clear title, unpaid liens after closing can be a very unpleasant circumstance for a new owner
  • Not enough cash budgeted for closing costs, fees and unforeseen expenses
  • Not asking questions about all relevant permits, past due association assessments or dues

Experienced representation is very important in negotiating and buying a Mission Viejo bank foreclosure. Unforseen circumstances can change a good deal into a not so good deal. Due to the high demand for foreclosures and the complexity of short sales, it is extremely beneficial to have Real Estate professionals who are experienced in getting your offer through while negotiating the best possible price along with protecting your interests throughout the escrow process. We are dedicated Realtors who have years of experience in negotiating the purchase of distressed properties. Please feel free to contact us for valuable insight on how to buy a bank foreclosure and/or short sale.

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