Marin County Foreclosures, Short Sales, REOs and Bank Owned Homes
The current economic climate has created a large inventory of Marin County foreclosures, short sales, REOs and bank owned properties. These homes can be a blessing or a curse to buyers and buyers should not attempt to purchase a short sale or foreclosure without the assistance of a licensed real estate agent. Please contact us for more information.
A short sale is when the value of the home is less than the underlying mortgages and the homeowner is in default. The homeowner is now “upside down” and attempts to negotiate with the lenders before they actually foreclose on him which can be beneficial to both bank and the seller as it allows him to have a better credit rating overall. Marin is fortunate in that there not as many foreclosures and short sales as the rest of California where in some areas it represents 85% of the home sales. Most of these sales are in Northern Marin and are under $1 million and yet there are a number of homes in every price range and in all towns that are available as an REO or short sale.
While the sale of bank owned REO’s can often be expedited fairly quickly, depending on the lender, short sales are cumbersome and can often take months before a decision is forthcoming from the lender. In both cases there is also the uncertainty of the condition of the house when a buyer is ready to move in. Below is a complete list of bank owned homes and short sales.
Foreclosures
| All Listings | Under $400,000 | $400,000 - $600,000 |
| $600,000 - $800,000 | $800,000 - $1,000,000 | $1,000,000 - $1,250,000 |
| $1,250,000 - $1,500,000 | $1,500,000 - $2,000,000 | $2,500,000 - $3,500,000 |
Sarco Creek Estate Is A Spectacular Vineyard Es...
- Price:
- $3,395,000
- City:
- Napa
- Beds:
- 4
- Baths:
- 9
- Type:
- Residential
- MLS® #:
- 21226325
Sarco Creek Estate Is A Spectacular Vineyard Estate Featuring 8 Bedrooms Across 3 Residential Str...
Over 1.5 Ac Of Splendid Seclusion & Natural Env...
- Price:
- $1,995,000
- City:
- San Anselmo
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- 21303533
Over 1.5 Ac Of Splendid Seclusion & Natural Environment On 2 Parcels Surrounded By Open Space On ...
Gentle Rolling Knoll Reminiscent Of Passed Days...
- Price:
- $1,925,000
- City:
- Calistoga
- Beds:
- 4
- Baths:
- 2
- Type:
- Residential
- MLS® #:
- 21311129
Gentle Rolling Knoll Reminiscent Of Passed Days Of Living In The Valley. This Property Has Been G...
Great Bayfront Opportunity On Quiet, Convenient...
- Price:
- $1,824,000
- City:
- Newport Beach
- Beds:
- 2
- Baths:
- 3
- Type:
- Residential
- MLS® #:
- 21301001
Great Bayfront Opportunity On Quiet, Convenient, Newport Island With Boat Dock And Large Brick Pa...
Enjoy This Country Property With Privacy And Vi...
- Price:
- $1,775,000
- City:
- Sonoma
- Beds:
- 3
- Baths:
- 3
- Type:
- Residential
- MLS® #:
- 21214117
Enjoy This Country Property With Privacy And Vineyard Views That Surround A 2280 Sf Home, Landsca...
This Is A 38 Lot Subdivision In An Area Of Upsc...
- Price:
- $1,748,000
- City:
- Ukiah
- Type:
- Lots/Land
- MLS® #:
- 21200264
This Is A 38 Lot Subdivision In An Area Of Upscale Homes, With Lots Ready To Build On. Utilities...
Unique Opportunity! California Ranch Home With ...
- Price:
- $1,599,000
- City:
- Petaluma
- Beds:
- 3
- Baths:
- 2
- Type:
- Residential
- MLS® #:
- 21225277
Unique Opportunity! California Ranch Home With Views, With In Ground Pool And Jacuzzi On 1.21+/- ...
Beautiful Location At The Foot Of Fountaingrove...
- Price:
- $1,499,000
- City:
- Santa Rosa
- Type:
- Lots/Land
- MLS® #:
- 21227647
Beautiful Location At The Foot Of Fountaingrove Parkway! Tentative Map To Subdivide 5.69 Acres In...
Not All Oceanfront Views Are The Same! No One E...
- Price:
- $1,399,000
- City:
- Little River
- Beds:
- 2
- Baths:
- 2
- Type:
- Residential
- MLS® #:
- 21305818
Not All Oceanfront Views Are The Same! No One Enters This Recently Remodeled Home Without Heading...
Desirable Wine Country Home On 9.7 Acres Locate...
- Price:
- $1,395,000
- City:
- Healdsburg
- Beds:
- 3
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- 21227816
Desirable Wine Country Home On 9.7 Acres Located In Dry Creek Valley. This 3 Bedroom Home Has It...
Nicely Kept, Original Style, No Level Yard, How...
- Price:
- $1,195,000
- City:
- Kentfield
- Beds:
- 2
- Baths:
- 2
- Type:
- Residential
- MLS® #:
- 21311125
Nicely Kept, Original Style, No Level Yard, However, Plenty Of Patios For Outdoor Entertaining. T...
Beautiful Ocean Views Of Havens Neck From This ...
- Price:
- $1,195,000
- City:
- Gualala
- Beds:
- 4
- Baths:
- 3
- Type:
- Residential
- MLS® #:
- 21221788
Beautiful Ocean Views Of Havens Neck From This 4 Bedroom Greene & Greene Inspired ,custom Home...
Wonderful 4-unit Building Located In The Richmo...
- Price:
- $1,099,900
- City:
- San Francisco
- Type:
- Multi-Unit 2-4
- MLS® #:
- 21301381
Wonderful 4-unit Building Located In The Richmond District, Just A Few Steps To Golden Gate Park....
Privacy, All Day Sun And Panoramic Views From M...
- Price:
- $1,040,250
- City:
- San Rafael
- Beds:
- 5
- Baths:
- 3
- Type:
- Residential
- MLS® #:
- 21303114
Privacy, All Day Sun And Panoramic Views From Mt. Tam Across The Green Hills Of Marin Is The Sett...
5.1+/- Acres Located At The Southeast Corner Of...
- Price:
- $1,000,000
- City:
- Geyserville
- Type:
- Lots/Land
- MLS® #:
- 21303312
5.1+/- Acres Located At The Southeast Corner Of Us Hwy 101 & Canyon Rd At The North End Of The To...
Tranquility Beckons From This Architecturally I...
- Price:
- $995,000
- City:
- Sebastopol
- Beds:
- 3
- Baths:
- 6
- Type:
- Residential
- MLS® #:
- 21303723
Tranquility Beckons From This Architecturally Impressive Contemporary/modern Style Home With Time...
Data last updated: May 22nd, 2013 at 5:15am PDT and updating occurs daily
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