Monarch Beach, as all of the areas in Dana Point and Orange County, was afected by the housing bubble and resulted in many homes being listed as Monarch Beach Bank Owned Foreclosures. With an unbelievable location, perfect weather, ocean views and amenities from both Dana Point and Laguna Beach, Monarch Beach presents a great opportunity for those home buyers looking to purchase a home and get a deal as a bank owned foreclosure.
Monarch Beach has homes referred as REO's ( real estate owned) or Repos ( bank repossesions), which are foreclosures that already have gone through the foreclosure process, are free of liens, and in most cases, the Banks have already cleaned up the homes to gotten them back in shape to be sold.
Many of these REO's present a great opportunity for those looking for bargains in Monarch Beach. As with any transaction, and specially these types, an experienced Realtor is ideal, to guide you through the process and to determine if , in fact, the REO home is a bargain, as sometimes these home are underpriced, making it a bidding war and in the end, having someone over pay for the home.
Our Realtors at OCDreamhomes are experienced Monarch Beach agents, with extensive knowledge in the area and can help you determine the right value of these homes.
OCExecutives specializes in real estate transactions of Monarch Beach Foreclosures Homes in Dana Point, California. Contact us today to sell real estate or buy real estate as foreclosures in the Monarch Beach community of Dana Point or for more information about any of these Monarch Beach foreclosure homes. If you would like to see a list of homes in other communities in Monarch Beach or Dana Point, follow the links above, or click here for other Dana Point Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of May 25th, 2020 at 1:02am 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.