Mission Viejo Foreclosures

Foreclosure Homes in Mission Viejo are homes that are not owned by the bank yet, but their owners have already stopped payments on their mortgages. The lender files a public default mission_viejo_foreclosure_homes_reonotice, called a Notice of Default or Lis Pendens. The foreclosure process can end one of four ways:

  1. The borrower/owner pays off the default amount during a grace period determined by state law. This grace period is also known as pre-foreclosure.
  2. The borrower/owner sells the property to a third party during the pre-foreclosure period. The sale allows the borrower/owner to pay off the loan and avoid having a foreclosure on his or her credit history.
  3. A third party buys the property at a public auction at the end of the pre-foreclosure period.
  4. The lender takes ownership of the property, usually with the intent to re-sell it on the open market. . Properties repossessed by the lender are also known as bank-owned or REO properties (Real Estate Owned by the lender).

This foreclosure process allows for three opportunities for finding bargains on foreclosure homes in Mission Viejo. Search all foreclosures homes in  Mission Viejo below, or click on the link if you'd like to search the properties that are already owned by the bank and listed for sale in Mission Viejo

Mission Viejo Foreclosure Homes

All Listings $600,000 - $700,000 $800,000 - $900,000
$900,000 - $1,000,000
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$935,000
 

30 Skycrest, Mission Viejo

4 Beds, 4 Baths, 3,451 SqFt
APPROVED PRICE SHORT SALE, READY TO CLOSE, CASH or HARD MONEY BUYERS ONLY , Looking for a fixer? One of the largest floorplans in Quail Run, a prestigious gated community that offers plenty of recreational facilities for the whole family. Located on a quiet cul-de-sac with an elevated view- this property has potential! 4 bedrooms 4 baths, in-ground pool and spa ready for you to step in and make it your own! As-Is, Please DND seller
$899,000
 

27041 S Ridge Drive, Mission Viejo

3 Beds, 4 Baths, 3,504 SqFt
Single Family Residence, Built 1990, 3 Beds, 4 Baths, 3,504, Sqft, 5,350 Lot.
$645,000
 

24302 Totuava Circle, Mission Viejo

4 Beds, 2 Baths, 1,929 SqFt
APPROVED SHORT SALE BARGAIN! PRICED BELOW COMPS FOR QUICK SALE MUST CLOSE BY APRIL 15TH 4 BEDROOM FAMILY HOME ON ONE LEVEL located in the La Paz tract near Jeronimo and Marguerite

OCExecutives specializes in real estate transactions of Foreclosures in Mission Viejo, California. Contact us today to sell real estate or buy real estate listed as foreclosures in the community of Mission Viejo or for more information about any of these Mission Viejo foreclosures. If you would like to see a list of homes in other communities in Mission Viejo, follow the links above, or click here for other Mission Viejo Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of March 23rd, 2019 at 6:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.