BEST REO (Bank Owned and Foreclosure) DEALS!

I labeled these 'Best REO Deals' because these are properties that are newer than 2000, at least 2000 sq ft, at least 3 bedrooms, and they are all under $80 per square foot! Those are some good deals. You will rarely find these deals in Temecula. Most will probably be in Murrieta or the French Valley/Winchester area. But we will see if the trends start to change in the future. Most of these homes are around 3000 sq ft or larger (that's how they can get so low on the dollar per sq ft). Check them out.

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REO DEALS

Don't miss out on these great deals. Don't find yourself saying, "If only I knew then, what I know now". It is THEN, and the time is NOW!

Take a look for yourself.

Temecula area MILLION DOLLAR (Bank Owned and Foreclosure) REO's!

Okay, you know you're curious! So, what are the most expensive Bank Owned homes around here? Believe it or not, there are plenty of home owners who paid MILLIONS for their home, and then defaulted. We have those right here, and they are probably part of the 'half price' inventory that this market is currently in (most of the Bank Owned properties are going for half the price they were 'worth' in 2004/2005). So, take a look!

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Million Dollar REO'S!

These are some of the most expensive REO (Bank Owned and Foreclosure) properties in and around the Temecula and Murrieta areas. Looking for a great Bank Owned property in Southern California area, in the million dollar range? Start your search here!

REO Multiplexes - Income Opportunities under $300,000!

Okay, so this doesn't exactly look like your dream home. But it aleady is for someone else. These 'multiplexes' usually make terrific income opportunities for an investor. Most are already rented out, and at these low prices, the rent usually covers your mortgage, and then some. I've sold a lot of duplexes in the past, some that were even built in the early 1900's, and they turned out to be really good deals. If you can find some duplexes, or better yet, fourplexes, and they already have long term tenants in them, then you might find yourself a good investment.

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REO Multiplexes!

CONDO'S - Murrieta and Temecula REO's

Here are Condo's and Townhomes in the Temecula and Murrieta areas. All are REO's. All are under $300,000. There are some great deals here if you are looking for something in the $100,000's! Condo's and Townhomes not only make terrific homes, but they are great investment properties as well. How about a condo near the college? Renting out those might be much easier. Or a 'condo' in a senior community? You don't have to be a 'senior' to purchase or own it, just to live in it. The senior community has a terrific rental market.


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http://www.mrmlsmatrix.com/DAE.asp?ID=28122080-292065318-70

Temecula REO's under $300,000

View ALL of Temecula's Bank Owned Properties UNDER $300,000. You will probably still see lots of Temecula REO properties in this properties, but usually nowhere near the inventory that Murrieta and the French Valley have.

When buyers come in and tell me that they want a newer home, that's at least 2000 sq ft plus, and they want it in the low $200,000's, in Temecula, I let them know that their choices will probably be limited. Whether it's because there wasn't quite as much growth (building new homes) in Temecula back in 2004/2005 (when most of the buyers were purchasing in over their heads), so there isn't quite as much that defaulted there. It could also be that some people prefer Temecula, so if anything does come available that is deemed 'a good deal' it is usually snapped up right away. Most of the 'deal's in Temecula (most of the homes that are available in this price range) will probably be older homes.

Click Below:

http://www.mrmlsmatrix.com/DAE.asp?ID=28122094-292063854-08