Under $420k for a Mission Viejo Bank Owned Home

by Paul Eskildsen on May 18, 2010

in Mission Viejo

Check out this brand new Bank Owned home for sale in Mission Viejo!  I posted an early pre-listing notice a few weeks ago (check out the video here), and it just hit the MLS today.

Can you believe a 3-bedroom single-family detached home in Mission Viejo for under $420,000?  Yes, it’s small, but it’s going to be the perfect home for someone who prefers a small house to a big condo – no one above you, no one below, a two car garage, and a even a private yard that has room to entertain but is easy to maintain!

Of the 222 single-family homes for sale in Mission Viejo, excluding seniors-only Casta del Sol, there are only 11 homes with a lower price!  Foreclosure homes in Mission Viejo have actually become a bit of a rarity – there are only 14 on the market right now.  Bank Owned means the seller has no emotional attachment, and is ready to make a deal, and unlike a Short Sale, there’s no long approval process to go through.

Are you in the market for your first home?  Thinking about taking advantage of low interest rates and home prices to make an Orange County income property invesment?  This is little gem could be the perfect Mission Viejo Real Estate opportunity for the right person.



Article by Paul Eskildsen

Dedicated to keeping Orange County home buyers and sellers informed, empowered, and directly connected to home sale activity.

Paul has written 45 articles on this blog.

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