- 2600 Walnut Blvd
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.
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.
Learn more about foreclosures and short sales in San Francisco's East Bay.
East Bay Foreclosures for Sale
|All Listings||Under $250,000||$250,000 - $500,000|
|$500,000 - $750,000||$750,000 - $1,000,000||$1,000,000 - $1,250,000|
|$1,250,000 - $1,500,000||$1,750,000 - $2,000,000||Over $2,500,000|
- EL SOBRANTE
- 3900 Hillcrest Road
- SAN JOSE
- 315 Grandpark Circle
- SAN JOSE
- 1584 Myrick Court
- 453 Creighton Way
- SAN JOSE
- 5508 Maplecrest Court
- 21 Dick Phelps Road
- 3301 Jessica Ct
- 3115 E 27th Street
- 2909 Spanish Bay Dr
- 1997 Serene Drive
- 1933 106th Ave
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.
If you are looking for a good real estate deal in the East Bay, don't overlook the possibility of purchasing a short sale property or even a foreclosure. To exclude these properties will limit your choices and the opportunity to find the perfect home at an affordable price.
Contact East Bay Modern Real Estate for more information or assistance in buying a short sale or foreclosure property in the Easy Bay.