Bank Owned Homes

vbrasil on November 5th, 2009

4464 HEADEN WAY, SANTA CLARA – RIVERMARK
Type: Townhouse
Status: Active
List Date: 11/03/09
Price: $633,900
Last Modification Date: 11/03/09
Location: 4464 HEADEN WY, Santa Clara, CA 95054 (map)
Bedrooms: 3
Bathrooms: 2.5
Approx. Sq. Ft.: 1716
Approx. Lot Size: 1,306.sf
Approx age: 6
MLS#: 80952017
This is the latest REO or bankowned property for sale in Rivermark, Santa Clara. There are a number of these Park town [...]

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vbrasil on May 20th, 2009

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Single Family Res

Type: Detached Single Family
Status: Active
List Date: 05/17/09
Price: $474,500
Last Modification Date: 05/18/09
Location: 2038 SAN RAFAEL CT, Santa Clara, CA 95051 (map)
Area: 008 – Santa Clara
Bedrooms: 3
Bathrooms Full: 2
Bathrooms Half: 1
Approx. Sq. Ft.: 1534
Approx. Lot Size: 5,795.sf
Approx age: 51
MLS#: 80924264
Old MLS# (6 digit): 80924264

This bank owned home [...]

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vbrasil on May 4th, 2009

154 S 33RD ST., SAN JOSE

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Status: Sold
ML Number: 80903799
Parcel Number: 481-16-013
ZIP: 95116
Area: 4 Alum Rock
City: San Jose
City Limits: False
County: SANTA CLARA COUNTY
Thomas Br Map: pg. 834 (F4)
Cross Street: E San Fernando
Unincorporated: False
Beds: 2
Baths: 2
Stories: 1
Class: Single Family Residential
Type: Detached Single Family
List Price: $237,900
Original Price: $244,900
List Date: 1/23/2009
DOM: 53
CDOM: 53
Lot Size [...]

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vbrasil on April 25th, 2009

3020 MARK AVE., SANTA CLARA

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Status: Active
ML Number: 80920034
Parcel Number: 220-29-009
ZIP: 95051
Area: 8 Santa Clara
City: Santa Clara
County: SANTA CLARA COUNTY
Barclay Map: pg. 41 (28 ,71)
Thomas Br Map: pg. 833 (A3)
Cross Street: Calabazas / Warburton
Unincorporated: False
Beds: 3
Baths: 2
Stories: 1

Class: Single Family Residential
Type: Detached Single Family
List Price: $434,600
Original Price: $434,600
List Date: 4/23/2009
DOM: 2
CDOM: 354
Lot [...]

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vbrasil on March 15th, 2009

It’s no surprise that any newer developments in the Santa Clara County as of the past 5 years are going to experience a high number of Short Sales and REO or Bank Owned properties. Rivermark in Santa Clara is no exception.
Rivermark is a master planned community developed in 2002 by Lennar, Centex and Shea Homes [...]

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With the number of foreclosures skyrocketing in California in recent years, there is a lot of interest from would be buyers in purchasing bank owned properties which are also known as real estate owned or REOs.
What is a short sale?
What is a Short Sale?
Short sales occur when the value of the property is less than [...]

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vbrasil on February 6th, 2009

This week I submitted two offers for REO properties for two separate clients.  One was a single family 3 bedroom 2 bath home in Santa Clara that was listed at $400,000.  The home was in poor condition but the price reflected it.   My experience with REOs (bank owned properties) is that they are seldom i [...]

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vbrasil on February 4th, 2009

So you are interested in buying a REO, here’s what you should consider:
Get Pre-Approved and Be Ready to Act
In the REO market, expect the competition to be fierce especially in the bay area where investors or homebuyers like yourself are anxious to take advantage of these prices. It’s not uncommon for there to be multiple [...]

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