Receive San Diego Foreclosure Properties Daily

search forclosures

Foreclosure

For some, it is a word that conveys the fear and dread of financial ruin, while for others it infers a positive economic opportunity. Regardless of the perspective, it is possibly the most misunderstood aspect of any real estate market.

Buying Foreclosures

Buying directly from the bank is preferred by many because it is a more methodical, predictable and non-emotional process than buying from the distressed seller.

Not all REOs are good deals. Many banks want market value in order to recoup as much of their losses as possible. Others are more concerned with liquidating their REO inventory as these non-performing assets have a negative impact on their books. We have relationships with  asset managers and REO officers, so knowing which lenders are motivated sellers and which properties represent a bargain is where we come in.

If you’re an investor or buyer looking for lender owned value-priced properties, fill out the contact form on the right or give us a call at 858-205-9131.

Facing Foreclosure

If you are an owner of California real estate that would like to know what options you may have in avoiding foreclosure or walking away from the mortgage, fill out the contact form on the right or contact us at 858-382-5820 to schedule a confidential consultation.

The foreclosure process begins when the lender files a Notice of Default, or NOD, with the County Recorder once a borrower defaults on their loan.  The process ends when:

Within the grace period determined by state law (pre-foreclosure), the borrower pays the default amount and reinstates the loan, or

The property is sold during the pre-foreclosure time period, allowing the borrower to pay off the loan. A situation where the loan is greater than the sale amount, but the lender agrees to a loan pay off that is less than what is owed is referred to as a short sale, or short pay. Or,

At the end of the pre-foreclosure period, a trustee sale occurs and the property is sold at a public auction to a third party, or

The lender takes ownership of the property through an agreement with the borrower during the pre-foreclosure time period, or buys the property at the trustee sale. The bank-owned property is referred to as real estate owned, or REO.

Newest San Diego Foreclosures

1928 Felicita, Escondido CA 92025

$398,700

1928 Felicita, Escondido

Traditional home located in SW Escondido nestled in quiet area of well maintained homes which show great pride in ownership. This home is a value to any buyer or investor...

  • Beds 2
  • Baths 2.0
  • MLS 140047915

1112 Monte Vista, Vista CA 92084

$499,000

1112 Monte Vista, Vista

BANK OWNED!!! Priced to sell fast!!! Beautiful large 2,295 square foot home on a Large Private 2.87 acre lot, mature landscape. Features 5 bedrooms and two bathrooms, dou...

  • Beds 5
  • Baths 2.0
  • MLS 140047710

999 Pacific Unit #B308, Oceanside CA 92054

$519,900

999 Pacific Unit #B308, Oceanside

Top floor OCEAN VIEW condo in North Coast Village just steps from the sand surrounded by beautifully landscaped grounds! Resort-like beachfront complex with lush foliage,...

  • Beds 2
  • Baths 2.0
  • MLS 140047686
  • Bldg. North Coast Village

309 Salmon, Ramona CA 92065

$499,900

309 Salmon, Ramona

Fantastic 2 story family home with Main Bedroom, Guest Bedroom, Office, Living Room, Kitchen and Laundry Room on the main floor with Family Room and 2 Bedrooms on the low...

  • Beds 4
  • Baths 4.0
  • MLS 140047656

Oceanside CA 92058

$249,900

Oceanside

Fantastic investment and unique single level end unit with no one above. The 3 Bedrooms & 2 Baths w/1 car detached garage needs some repairs and is being sold cash only....

  • Beds 3
  • Baths 2.0
  • MLS 140047610
  • Bldg. Whelan Ranch

20 Tourmaline, Chula Vista CA 91911

$375,000

20 Tourmaline, Chula Vista

Opportunity knocks with this lovely single story home located in Chula Vista. Bright and open layout featuring many windows , good size bedrooms, attached garage, good si...

  • Beds 3
  • Baths 2.0
  • MLS 140047531

2010 San Marcos Bl Unit #12, San Marcos CA 92078

$269,900

2010 San Marcos Bl Unit #12, San Marcos

This is a Great Property located in a gated 55+ Community of Las Brisas Pacificas. The property offers a large floor plan with a fireplace in Living Room. Two bedrooms a...

  • Beds 2
  • Baths 2.0
  • MLS 140047230
  • Bldg. Las Brisas Pacificas

12359 Pathos Ln, Rancho Penasquitos CA 92129

$774,900

12359 Pathos Ln, Rancho Penasquitos

5 bedroom, 3 bath home with 1 bedroom and bath downstairs. Kitchen features center island and breakfast nook. Master suite features vaulted ceiling, fireplace, balcony wi...

  • Beds 5
  • Baths 3.0
  • MLS 140047182

28750 Canyon Rd, Valley Center CA 92082

$409,500

28750 Canyon Rd, Valley Center

Country home close to the heart of Valley Center! Located on a quiet street with expansive views of the valley, this home is loaded with potential and room to grow. The h...

  • Beds 3
  • Baths 3.0
  • MLS 140047162

4075 Bancroft Drive, La Mesa CA 91941

$309,900

4075 Bancroft Drive, La Mesa

Contractors Special! Fixer needing much renovation and repair bordering Mt. Helix with large lot and located down the street from Eucalyptus Park. Garage converted to r...

  • Beds 3
  • Baths 2.0
  • MLS 140046984

10310 Restful Ct, Santee CA 92071

$235,900

10310 Restful Ct, Santee

Lovely 2 bedroom condo features newer carpet, and fresh paint throughout! Open Lay out, clean spacious and bright unit. Come check out, this unit will go fast!

  • Beds 2
  • Baths 1.0
  • MLS 140046982
  • Bldg. Carefree East

210 Calle Del Sol, Vista CA 92083

$319,900

210 Calle Del Sol, Vista

Amazing opportunity to live in a great location! Walk to most everything. Home feels nearly new with fresh paint, carpet and new appliances. Very clean home. Turn-Key...

  • Beds 3
  • Baths 3.0
  • MLS 140046969
  • Bldg. Santa Fe Walk

3615 Vista Bella Unit #8, Oceanside CA 92057

$251,500

3615 Vista Bella Unit #8, Oceanside

New to market..wonderful single story home in oceana 55+ community. This home offers large living room, dining area, kitchen with wall oven and stove top, two bedrooms, t...

  • Beds 2
  • Baths 2.0
  • MLS 140046900
  • Bldg. Oceana

1486 Gustavo Unit #B, El Cajon CA 92019

$217,000

1486 Gustavo Unit #B, El Cajon

First floor condo on quiet side of complex. Big open floorplan with a ice back patio area large enough for outdoor dining. Agents, check CFR and attachment for important ...

  • Beds 2
  • Baths 2.0
  • MLS 140046884
  • Bldg. Mountain View

4836 Lake Shore Pl, Fallbrook CA 92028

$339,900

4836 Lake Shore Pl, Fallbrook

Not a short sale....new carpet, new paint...neat 3 br in a neat nieghborhood. Located in a family oriented area. Walking trail and community pool/gameroom.

  • Beds 3
  • Baths 2.0
  • MLS 140046865

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2014 Sandicor®, Inc.

Free Daily Email Updates

  • Automated home searches
  • Favorite properties
  • Email updates
  • And much more…