East Bay Foreclosures

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!

Foreclosed Homes in East Bay, CA

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Planning to buy a foreclosed home in East Bay? Contact Bay Area Modern for expert guidance through the East Bay foreclosure market from your local real estate agents. Call (415) 233-6821 now!

East Bay Foreclosure Market

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.