REO Properties and Foreclosure

REO or Real Estate Owned occurs when houses are foreclosed when property owners become unable to pay principal or/and interest payments due on their home loan. This property is then made to undergo a foreclosure process, resulting in an auction.

Ample time is provided to owners for remedying the situation before the house goes into foreclosure. Some people prefer this, since distressed properties are often available at discounts, providing more value for money.

These customers are looking for foreclosed properties caused due to financial issues faced by the owner.

There are many ways to find these properties. You also need to be aware of several things before finding yourself a proper agent/agency to help you out.

It helps to be aware of the reasons behind foreclosure and the process to be followed for finding and purchasing such properties.

REO Properties for Sale

4 bedroom, 2 1/2 bath single story pool home on a large private lot. Located in an excellent area of Fullerton. 2,914 square feet of interior living space and a giant 24,150 square foot lot. Tree lined lot with a 3 car garage.

$999,900 Pending

530 Catalina Road Fullerton, California

4 Beds 3 Baths 2,914 Sq Ft

PERALTA HILLS POTENTIAL…. VALUE IS IN THE LAND. 1 ACRE FLAT LOT WITH THE POSSIBILITY TO BUILD A LARGE, CUSTOM ESTATE HOME. HOME/STRUCTURE ON THE LOT HAS SUBSTANTIAL DEFERRED MAINTENANCE AND MAJOR REPAIRS NEEDED TO MAKE IT LIVEABLE. SEVERAL ACTIVE ROOF LEAKS, PLEASE BE CAUTIOUS WHEN ENTERING THE HOME. GREAT POTENTIAL TO BUILD YOUR DREAM HOME AND LIVE AMONGST MULTI-MILLION DOLLAR ESTATES.

$926,300 Active

600 S Peralta Hills Drive Anaheim Hills, California

4 Beds 3 Baths 3,288 Sq Ft

Great Price for Spacious 5-Bdrm Brighton Ridge Estate with Beautiful View of the Hills! CALIF DISTINGUISHED SCHOOLS: Bryant Ranch Elementary, Travis Ranch Middle & Yorba Linda High - Premium 17,550-SqFt Usable Lot has Space for a Pool, Spa, BBQ & More - Great Location on a Private Single-Loaded Street ... Lots of Guest Parking! Spacious 3,226 SqFt Floorplan has 5 Bedrooms & 3 Bathrooms, Including a Main Floor Bedroom & Bath with a Shower - Double Door Entry Opens to Soaring High Cathedral Ceilings & Impressive Two-Story Foyer with Curved Staircase - Formal Living & Dining Rooms - Large Chef’s Kitchen with Center Island Open to Family Room with Fireplace & Wet Bar - Big Breakfast Eating Nook - Spacious Master Suite has Walk-In Closet & Sitting Area with Fireplace - Master Bathroom Offers Dual Vanities, Tub & Separate Shower - Upstairs are 3 More Bedrooms & 2nd Full Bathroom - Convenient Inside Laundry Room with Sink - Attached 3-Car Garage with Potential for RV Parking on Wide Side Yard - No Mello Roos Tax & No HOA Dues - Walk to Box Canyon Park Just Down the Street - Endless Potential for this Location, Floorplan, Schools & Neighborhood!!

$899,900 Active Under Contract

24250 AVENIDA DE MARCIA Yorba Linda, California

5 Beds 3 Baths 3,226 Sq Ft

4 Bed 2 Bath home on a HUGE .55 ACRE LOT! This is one of the largest residential lots in all of Garden Grove! Plenty of room to expand or even potentially add an ADU! This beautiful home is located in the center of Garden Grove and is just minutes from Beach BLVD and the 22 Fwy. The home boasts an open floor plan with a large living room, kitchen and dining room. The kitchen has a new stainless steel fridge, oven, microwave, and dishwasher. The upgraded bathrooms have gorgeous tile showers and new toilets. Each spacious room has new fans and new window blinds. The home also has a second living room / entertainment area that is great for the family. The home's .55 acre lot has endless room for RV storage and even has a second large RV garage in the backyard. This is a true must see!

$888,999 Active Under Contract

11421 Mac Street Garden Grove, California

4 Beds 2 Baths 1,598 Sq Ft

Built in 2003, this charming Colonial style two story property features four bedrooms and 2 1/2 baths with two car attached garage. Living room entrance with dining combo. All bedrooms located on second floor. Possible roof damage. Property consists of approximately 2,275 square footage of living space. City views from the backyard.

$816,200 Active

3769 Camino Cermenon Yorba Linda, California

4 Beds 3 Baths 2,275 Sq Ft

Price Reduced! Two level home in great Orange neighborhood. Location convenient to Santiago Canyon College, Peters Canyon and Irvine Regional Park. Open floor plan with 2,839 square feet on large 7,150 square foot lot. Features include formal entry with double entry doors; sunken living room with vaulted ceiling and formal dining area; spacious kitchen open to family room with fireplace and wet bar; second floor master suite with walk-in closet and retreat area with fireplace; master bathroom includes dual sinks with large vanity and stall shower. Upstairs also features three additional bedrooms and a full bathroom. Inside laundry room and builder option 5th bedroom/office located downstairs. Short drive to Historic Old Towne Orange with its wonderful specialty shops and restaurants.

$684,900 Active

5430 E Partridge Lane Orange, California

4 Beds 3 Baths 2,839 Sq Ft

Beautiful turnkey modern home in Columbus Square complete with Crown Moulding and built ins. Home features newer paint in good condition with upgraded baseboards. Carpet throughout the upstairs is in very good condition. Rich hardwood flooring downstairs. Newer vinyl windows throughout. Kitchen features a large center island, stainless steel appliances, White tile countertops in very good condition. Large sliding glass door leading to side yard from kitchen eating area. Separate living room and family Equipment: Range/Oven. Heating: Forced Air Unit. Association Fee Includes: Common Area Maintenance. Unit Location: Detached. Sewer: Sewer Connected. Residential Styles: Detached. Water: Meter on Property.

$615,000 Pending

15212 Davenport Street Tustin, California

4 Beds 3 Baths 2,431 Sq Ft

Spacious end unit. Completely renovated townhouse ready for new owner. Double door entry into a large living area with formal dining area. New kitchen cabinets and counter tops. New appliances and fixtures. Freshly painted interior with updated flooring throughout. Bedrooms have fresh paint, new light fixtures and new carpeting. New garage door with direct access to home. Indoor laundry area. Centrally located near schools and transportation. Community features include pool, gated entry , greenbelts and tennis courts. Nice quiet complex . Near major highways 22 and 405.Don't miss out on this opportunity.

$539,900 Active

8570 Lake Knoll Avenue A Garden Grove, California

3 Beds 3 Baths 1,741 Sq Ft

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Foreclosure Properties for Sale

Two Master suites. One downstairs, the second one has its' own balcony located on the second floor. Beautiful Home located in the city of Orange. Six bedrooms with five full bathrooms. The grand entry is gorgeous and shows the custom travertine floors, vaulted ceilings, granite finishes. Open floor plan with lots of natural light throughout. Very elegant formal living room with gas fireplace, large family room. The designer kitchen has beautiful granite counters, breakfast nook, pantry, and beautiful stainless steel appliances. This open floor plan leaves room for the owner to be unique and versatile. Master Suite bedroom located on the first floor has a walk-in closet, separate vanities, a bathtub, and shower. Located downstairs is another bedroom along with the second family/TV room, full bathroom, and laundry room. Second floor offers another master suite with a balcony and a full bathroom with separate vanities, bathtub, and shower. Another bedroom has a walk-in closet and its own large bathroom,2 other large bedrooms, and 1 more full large bathroom. Well kept backyard with fruit trees such as Avocado,Apple,Mango,Guava,Lemon,Lime,Orange,Tangerine,Fig,Plum and vegetable garden, two-car garage.Close to schools, parks, shopping centers, restaurants & Fwys.

$1,150,000 Active Under Contract

2067 N Breckenridge Street Orange, California

5 Beds 6 Baths 4,104 Sq Ft

Gorgeous single story 270 degree panoramic view property! New construction in 2017 completely rebuilt from foundation up over 300k spent by current owner during construction. Attention to detail and great craftsmanship throughout the property. Porcelain flooring, Recessed lighting throughout, Backlit Caesarstone kitchen island, stone countertop, mosaic backsplash, jet shower heads, bowl sinks in bathrooms bi folding accordion doors open up to the deck with incredible views. The deck wraps around the house for extensive 270 degree views. New roof, plumbing, electrical, lighted driveway. 3 glass firepits with waterfall features behind each one of them for great ambiance. This modern entertainers dream sits on over 1 acre of land secluded well back of the street for ultra privacy!

$1,149,000 Active

109 S Eucalyptus Drive Anaheim Hills, California

3 Beds 3 Baths 2,054 Sq Ft

PRIVATE GATED COMMUNITY OF FAIRWAYS OF ALTA VISTA. NATURAL LIGHT, HIGH CEILINGS, UPGRADED AND NEWLY INSTALLED FLOORING ON FIRST FLOOR WITH NEW INTERIOR PAINT THROUGHOUT. SPACIOUS LIVING LEADS OUT TO THE PRIVATE BACKYARD WHICH INCLUDES TRANQUIL POND. MASTER BEDROOM BOASTS HIGH CEILINGS, WALK-IN CLOSET, AND SPACIOUS MASTER BATH. BEAUTIFUL COMMUNITY HAS PARK-LIKE PLAYGROUND, POOL, SPA, AND NO MELLO-ROOS. ALL LOCATED NEAR AWARD WINNING SCHOOLS, SHOPPING AND ENTERTAINMENT.

$699,900 Active

614 SEPULVEDA Place Placentia, California

3 Beds 3 Baths 1,680 Sq Ft

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