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
2,322 Search Results Found. Showing Results 1 - 16.
Possible 100% financing!!! 3 lots w/396.85 Acres in Green Valley w/views of the valley, Mt...
This Tiburon Mansion is the Crown Jewel of the SF Bay Area with drop dead views from SF Skyline,...
Spectacular views from these two prime lots on Twin Sisters - one lot is fit for a castle and...
Stunning new home huge. Cool 25 ft high cielings. Gallery like atmosphere. Huge master suite....
This elegant home exudes beauty and privacy with sweeping panoramic views of the Napa Valley...
Grand new Mediterranean retreat on 9 private acres.5300 sq ft on main entry level alone.Custom...
Elegant contemporary home built in 2006. Quality craftsmanship & organic design elements...
Waterfront w/coveted private deep water boat dock! Extensively remodeled in '01 and upgrades...
Passing through a gated entrance and vineyards brings you to this European inspired, wine country...
Gorgeous Villa Smart House Kitchen and 1/2 is a work of art & functionality, stainless...
You'll be living the life in this newly remodeled Paradise Cay home with approx. 3,150 sq.ft.,...
Impressive gated hilltop Tuscan estate with panoramic views of city lights and Annadel State...
Once in a lifetime chance to buy this chic, modern beauty w/ 2 huge wings for privacy. Fabulous,...
Wonderful private estate with captivating views on over 6 acres. Hdwd floors, indoor/outdoor...
This 160 Acre lot is fit for a castle - it has a fabulous peak & some rolling acreage -...
Beautiful Westminster home. Granite kitchen, stainless appliances, beautuful backyard w/ pool...
Last Updated: 2010-03-11 15:08:33
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