Newport Beach Bank Owned Foreclosures & REO Properties

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

Newport Beach Foreclosure Real Estate Listings

All Listings $1,500,000 - $2,000,000 $2,000,000 - $2,500,000
$2,500,000 - $3,000,000
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$2,895,000
 

511 Cliff Drive, Newport Beach

6 Beds, 7 Baths, 6,850 SqFt
Beautiful 2-Story Home in Prestigious Cliff Haven enclave of Newport Heights. Completely remodeled in 2004, this home offers 6 Bedrooms, 7 Bathrooms, & 6,850 Square Feet of living space (per owner/builder). Backyard w/ pool & spa - perfect for entertaining! Property is being sold AS-IS. Please see private remarks for showing instructions.
$2,400,000
 

508 Westminster Avenue, Newport Beach

4 Beds, 6 Baths, 5,152 SqFt
Located along the most coveted Southern California Coastline in the heart of Newport Beach, this stunning Newport Beach estate has the most desirable Mediterranean timeless architectural design. Constructed with the finest materials, Encompassing 5,132 sq ft, including soaring ceilings an open floor plan beautifully blending interior living spaces with the outdoors that delivers a entertaining experience second to none. Two intimate entertaining
$1,750,000
 

22 Rue Saint Cloud, Newport Beach

3 Beds, 4 Baths, 3,154 SqFt
VIEWS, VIEWS, VIEWS! Feels like a single level home with most all of the living on the main floor including the spacious master bedroom on the main floor with French doors leading out back to soak in the stunning golf fairway views. A second guest bedroom suite is also downstairs along a powder room. Remodeled kitchen features stainless steel appliances and looks out to a charming breakfast area and to the family room. The spacious living room,
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More About Newport Beach Foreclosures

Costly Mistakes To Avoid When Buying A Newport Beach 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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