Receive email notifications for upcoming auctions and real estate listings – simply enter your email and click the JOIN button below. We highly recommend working with a Local Malibu Real Estate Agent or Realtor , they can provide you with a vast amount of information about the local Malibu Real Estate Market such as the recently sold homes in Malibu, current homes on the market-which your home will be in direct competition with, and some of the best tips on selling your Malibu home for the highest price.
While determining your foreclosure bid amount for the foreclosure auction take these factors into consideration; the condition of the property, the location of the property, the rate of real estate appreciation in the area, and the potential for increasing the properties value by making repairs and improvements.
More specifically, locating a foreclosed home depends on where exactly it is in the foreclosure process: Properties can still be owned by the original homeowner (in the earlier stages, in case of pre-foreclosure and short sale properties), or by an entity such as a bank or the government (in the later ones).
The development of new housing can go either way – it can mean that the area is hot and is likely to be in high demand in the future, increasing your home’s value, or it can result in a surplus of housing, which will lower the value of all the homes in the area.
Today there is some many Foreclosures opportunity that new home buyers should really track these national bank owned house can be seen as Distress Sales and many Bank Foreclosure Real Estate can show you also many of these homes may be Fixer Upper so bring your handyman however this is a wonderful way to find homes for sale at a bargin.