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
1,597 Search Results Found. Showing Results 1 - 16.
3 Lots (396.85 acres) in unspoiled Green Valley - Best views in the Bay area from a top Twin...
Well maintained and managed vineyard with approx. 130 acres and approx. 117 acres planted....
Stunning Italian inspired villa completed in 2002 w/4BR/4.5BA w/ unobstructed views of SF Bay...
Unbelievable Price for this custom Mediterranean Masterpiece! Gated Estate overlooks Ross Valley...
Wine growing estate in prestigious Russian River Valley Appellation. 28.98 Parcel includes...
Turn of the century commmercial bldg with loads of history, now housing retail and offices...
Is it possible to enjoy luxury resort amenities any time you want - w/o leaving home? It o...
90+ acres of pure heaven. Experience your own private nature preserve and restorative retreat...
90+ acres of pure heaven. Experience your own private nature preserve and restorative retreat...
Amazing home on a cul-de-sac in the hills of Novato. Designed with privacy in mind, this contemporary...
This is a 38 lot subdivision in an area of upscale homes, with lots ready to build on. Utilities...
Dream Home.. Everything anyone could want and plenty of it. Southern exposure, views, privacy,...
Nestled in the Napa Valley, with breathtaking views, lies a 9,500 sq. ft. hand crafted estate...
Located on the tranquil eastern slope of the Tiburon Peninsula, this mid-century contemporary...
Prestigious Armstrong Estates 4 bd, 3.5 bath masterpiece features extensive inlaid flooring,...
Wow! A 5 bedroom home on one of Ross' coveted trophy streets. Completely level lot in a walk...
Last Updated: 2012-02-04 10:06:21
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