$307,500


1 Bed   1 Bath   704 Sq. Ft.   Condo

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Alta Carmel Ct,
San Diego, CA 92128

Status: Active
Listing ID: 55414111

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Auction

Bank Owned

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05/23/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $307,500. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

Property Information

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

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First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale.

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San Diego, CA
Home Inspectors

Master Specs LLC/Building Specs Pro's
John W. Bowley
888-803-0731
Lorber Engineers
Nicholas Lorber
619-917-8077
KT Home Inspections
Ken Taylor
858-335-9497
BPG
Brian Chatfield
800-285-3001
BHI San Diego/Bailey's Home Inspections
Brian R. Bailey
619-869-1162
foreclosure.com

Alta Carmel Ct
San Diego, CA 92128

1 Bed   1 Bath   704 sq. ft.   Condo

$307,500

Status: Active Listing ID: 55414111

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Alta-Carmel-Ct-San-Diego-CA-92128/55414111_lid

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