Tips for finding and buying a foreclosed home in Southern California. Legal steps involved differ from state to state so talk to your realtor about your state specific laws when purchasing a foreclosed home. There are huge price advantages when purchasing a foreclosure since the bank or lender want to recover as much of its investment as quickly as possible. Foreclosed properties are often sold at 30 percent or higher discounts so they can get back most of their money in a reasonable time frame. Southern California has a lot of foreclosed home on the market. Linda Moore from Coldwell Banker Encinitas California has a large list of foreclosures listed on her main page in Encinitas, Vista, Carlsbad, Cardiff, Oceanside, La Jolla, Escondido, Del Mar, Solana Beach and the surrounding Northern San Diego County areas. Contact Linda for up to date lists of foreclosed homes in Southern California. Make sure you and your realtor inspect the property, foreclosures for the most part are usually in good shape compared to fixer-uppers.
Buy a Foreclosed Home in Southern California
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