If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you're a renter, but the ...Read More
Welcome to your local East Bay foreclosed homes for sale and East Bay real estate resource. Fearing prolonged, or worse yet, nonproductive negotiations, many house-hunters looking for a new home in the East Bay real estate market shy away from even considering a short sale or foreclosure property. Don't be too quick, however, to discount the possibility of buying a distressed property. Although short sale and foreclosure transactions can be lengthy and can, upon occasion, end with disappointment, for many the benefit of finding an affordable home in a desirable East Bay location far outweighs any uncertainty they may have over the process. For more information on East Bay foreclosures or to schedule a private tour, contact your East Bay real estate experts today!
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Property values have fallen all over California, and real estate in San Francisco's East Bay Area is no exception. Whether prices have bottomed out is a question that is up for debate; what is certain is that prices have dropped. The silver lining is that bargains are beginning to appear, and buyers in the East Bay are seeing some very good home prices.
REO (Real Estate Owned - i.e. bank owned foreclosure) properties and short sales offer the first-time homebuyer the possibility of purchasing a property in the East Bay that may have been out of reach as an entry level home just a few years ago. Prices have slipped in more affluent neighborhoods as well, and upscale East Bay communities are beginning to see more affordable prices, as well as short sales and foreclosures. Bargains (relatively speaking) are beginning to appear in exclusive East Bay neighborhoods including Alamo, Danville, Orinda, Blackhawk, and Walnut Creek.
Looking to purchase a foreclosure in East Bay? Allow our real estate professionals to help you navigate the purchase of or expertly negotiate the sale of your East Bay property. As local real estate experts, we're well-versed in the unique market dynamics of East Bay foreclosed real estate. We're ready to work with you today!
Contact Bay Area Modern to learn more about buyer and seller representation in East Bay. Selling your East Bay residence? Visit our comparative market analysis page to receive a free property value estimate within minutes.
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