Real estate blog entries tagged with reo by Kelly Kilpatrick, Broker-Associate (Gold Coast Realty)

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Home : Blogs : Kelly Kilpatrick, Broker-Associate : Rancho Santa Margarita's Exclusive Buyer's Agent : Tag "reo"

reo: Are Home Inspections Really Needed for Rancho Santa Margarita Foreclosures and Short Sales? - 12/10/08 03:37 PM

When buying a Rancho Santa Margarita Foreclosure or bank owned home, does a buyer really need to spend extra money for a home inspection? What if the home is sold "as is, where-is"? The answer is YES!
In all cases you should have a licensed professional evaluate the home you will be purchasing. Whether or not repairs will be requested or made, a local professional, licensed home inspector should be hired for a home inspection.
It doesn't matter whether the transaction is a standard sale, a short sale or an REO / bank-owned sale. A buyer should know up … (6 comments)

reo: Rancho Santa Margarita Housing Market Report - November 2008 - 12/03/08 07:52 PM

SoCal MLS reports that a total of 50 Rancho Santa Margarita homes were sold in November, 2008. That's a 62% increase over Novermber of 2007, when then total volume of homes sold as only 31 and a 7.3% decrease from November, 2006, with 60 homes selling. A total of 85 homes closed escrow in October of 2008.
23 Rancho Santa Margarita Single Family Homes Sold in Nov. 2008:
Standard Sales - 14 Short Sales - 5 Bank-owned / REO - 4 27 Rancho Santa Margarita Condos Sold in Nov. 2008:
Standard Sales - 11 Short Sales - 9 Bank-owned / … (0 comments)

reo: Rancho Santa Margarita's Dove Canyon - No New Bank-Owned Properties This Week - 11/14/08 01:03 AM

Dove Canyon, like most communities in South Orange County has been hit by a wave of short sales and foreclosures. Unlike some of the surrounding areas, however, there have been a number of standard sales mixed in with the special condition sales.
This past week there were three new listings in Dove Canyon - and none of them were short sales or REOs. So what does that mean in terms of market trends? On it's own, probably not too much, but combined with a number of other factors however, it might pay to look a little closer at Dove Canyon. If … (2 comments)

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Kelly Kilpatrick, Broker-Associate

Rancho Santa Margarita, CA

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Gold Coast Realty

Address: Rancho Santa Margarita, CA, 92688

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