Corona Del Mar Bank Foreclosures & REO Properties For Sale

Looking for a bargain home in Corona Del Mar 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 Corona Del Mar at a below market price. Feel free to browse the current inventory of Corona Del Mar 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 Corona Del Mar Bank Foreclosures

Corona Del Mar Foreclosed Homes for Sale

All Listings $2,000,000 - $2,500,000
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$2,195,000
 

483 Morning Canyon Road, Corona Del Mar

3 Beds, 4 Baths, 3,080 SqFt
Nestled in the coastal enclave of Corona Highlands and designed by renowned architect Harold B. Zook, this wonderfully appointed custom home offers a livable, open concept floor plan that blends seamlessly with its outdoor spaces featuring a serene courtyard fountain cascading into the spa. Welcomed by a sun-drenched great room boasting vaulted ceilings and beautiful skylights, inside you’ll find three generously sized bedrooms, four bathrooms

More About Corona Del Mar Foreclosures

Costly Mistakes To Avoid When Buying A Corona Del Mar 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 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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