San Diego Foreclosure Listings | Bank Owned Homes
Looking to purchase a foreclosure in San Diego County? You have found the most accurate list of foreclosures in San Diego County. No fees or registration is required to view all of these homes for sale and all listings on the website are updated hourly.
Is it difficult to purchase a foreclosure in San Diego?
Purchasing a foreclosure is similar to a regular purchase and usually faster than buying a short sale. Short sales usually require bank approval which can take time. Right now the market is strong and there are not many foreclosures and short sales available but they do come up from time to time. If you currently own a home and having a difficult time please contact us to learn more about how we can help you sell your home as a short sale or help you sell and avoid foreclosure.
Foreclosure vs Short Sale
A foreclosure or bank owned home can also be referred to as an REO property. A foreclosure is bank owned while a short sale is still owned by the homeowner. A short sale still has liens against the property while a foreclosure has had the liens wiped out. A foreclosure can usually be purchased in 30 days or less while a short sale requires bank approval which can take 30-90 days or more. Short sales have a mortgage balance that exceeds the value of the property.
Options to Avoid Foreclosure
You may have arrived to this page looking for options to avoid foreclosure. We can help you explore all of your options. If you feel overwhelmed and unsure of what your options are please contact us to find out if we can help you sell your home and avoid foreclosure. Whether it’s a loan modification, deed in lieu, real estate short sale, bankruptcy or just walking away make sure you know what your options are. We have succesfuly sold hundreds of foreclosures and short sales in San Diego County.
Please contact us if you have any additional questions.